Lotus Electronics Store Manager Salaries by 7 Employees (Updated 2024)

8 - 16 years exp.

₹4.5 Lakhs - ₹11 Lakhs

Salary of majority employees

29% more than the average Store Manager Salary in Consumer Electronics & Appliances Companies for 8 - 16 years of experience

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Last Updated: 21 Aug 2024

Companies similar to Lotus Electronics for Store Manager

Company name	Avg Annual Salary	Open Jobs
Croma Store Manager Salary 6 - 20 years exp. (316 salaries)	₹4.9 L/yr - ₹15 L/yr 46% more
Reliance Digital Store Manager Salary 6 - 17 years exp. (243 salaries)	₹3.5 L/yr - ₹12 L/yr 5% more
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Vijay Sales Store Manager Salary 5 - 19 years exp. (38 salaries)	₹4.5 L/yr - ₹14 L/yr 13% more
Sargam Electronics Store Manager Salary 8 - 14 years exp. (19 salaries)	₹3.6 L/yr - ₹7.2 L/yr 23% less
Spice Hotspot Store Manager Salary 5 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹3.4 L/yr 60% less
Ezone Store Manager Salary 7 - 25 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 18% more
Aditya Birla Fashion and Retail Store Manager Salary 1 - 16 years exp. (670 salaries)	₹2.5 L/yr - ₹10 L/yr 16% less	3 job openings
Viveks Store Manager Salary 5 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 30% less
Samsung Store Manager Salary 2 - 17 years exp. (68 salaries)	₹2 L/yr - ₹10 L/yr 31% less
OnePlus Store Manager Salary 6 - 12 years exp. (49 salaries)	₹2.2 L/yr - ₹8.5 L/yr 32% less
IFB Store Manager Salary 2 - 10 years exp. (32 salaries)	₹1.6 L/yr - ₹6.1 L/yr 51% less
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LG Electronics Store Manager Salary 2 - 15 years exp. (25 salaries)	₹1.1 L/yr - ₹4.5 L/yr 59% less
OPPO Store Manager Salary 2 - 7 years exp. (16 salaries)	₹2.5 L/yr - ₹3.5 L/yr 59% less
Amber Enterprises India Store Manager Salary 10 - 19 years exp. (11 salaries)	₹8.3 L/yr - ₹10.6 L/yr 35% more
TTK Prestige Store Manager Salary 1 - 8 years exp. (11 salaries)	₹1.9 L/yr - ₹4.2 L/yr 64% less
USHA International Store Manager Salary 6 - 10 years exp. (10 salaries)	₹3.3 L/yr - ₹9 L/yr 10% less
Orient Electric Store Manager Salary 4 - 8 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 48% less
Blue Star Store Manager Salary 2 - 17 years exp. (5 salaries)	₹1.8 L/yr - ₹9 L/yr 31% less
Bajaj Electricals Store Manager Salary 14 - 22 years exp. (4 salaries)	₹5.5 L/yr - ₹8.8 L/yr At par
TVS Electronics Store Manager Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.3 L/yr 52% less

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Store Manager salary at Lotus Electronics ranges between ₹4.5 Lakhs to ₹11 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Lotus Electronics.

Experience wise Lotus Electronics Store Manager salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.2 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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10 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.6 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹11 L/yr

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Similar Designation salaries in Lotus Electronics

Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Floor Manager Salary

(4 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Showroom Manager Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Retail Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Department Manager Salary

(27 salaries)

₹2.1 L/yr - ₹7 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹2.7 L/yr

Assistant Store Manager Salary

(5 salaries)

₹4.44 L/yr - ₹7.5 L/yr

Salary related reviews for Lotus Electronics

5.0

Rated by 2 employees for salary & benefits

Department Manager in Indore

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 19 Jan 2022

1.0

for Salary and Benefits

Likes

every thing is good

Dislikes

There is a lot of polices and the managment dosent address our issues .salary is also not good ...and career growth is very slow and worst polocies to resign lotus ...worst polices for incentive also

Assistant Store Manager in Indore

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 11 Apr 2022

1.0

for Salary and Benefits

Likes

Company policies can be modified if employee get benifit.....they never release your salary if u leave the job even you have served your notice period. No time limit for your work minimum work hour is 12 hour and no overtime compensation....

Logistics Executive in Raipur

Full Time

Product Management Department

5.0

• posted on 02 Apr 2024

3.0

for Salary and Benefits

Likes

Lotus electronics has very well work environment all manager is very supportive I am learning here to how deal with yours challenges on filled and deals all your works with patiently

Dislikes

I don't like there's policy wich is change in every 2-3 months and about thare salary deduction

Sales Executive/Officer in Bhopal

It Department

5.0

• posted on 19 Mar 2019

4.0

for Salary and Benefits

Likes

Lotus electronics supermarket is really innovative and readily adopts latest technology. I love yhe fact that i am a part of team that market reliable high quality products showroom. At last i learnt so many things through the lotus..

Dislikes

Compensation is decent, but growth is very slow in my organisation..

Senior Sales Executive in Jabalpur

Full Time

Sales & Business Development Department

5.0

• posted on 01 Oct 2024

5.0

for Salary and Benefits

Likes

One of the most best experience in this job my store manager very very helpful , my Department manager and my Colleague best Behavior sweetest person I enjoyed my job a lot and I got to learn a lot. I hope that if I get a chance in the future, I would like to work in Lotus Electronic again. I liked this platform very much. Thanks Lotus Electronic for giving me this opportunity. I hope that I get a chance to work with you again.

Dislikes

Nothing Everything is fine.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lotus Electronics Store Manager Salary FAQs

What is the salary of Store Manager at Lotus Electronics?

Store Manager salary at Lotus Electronics in India ranges between ₹4.5 Lakhs to ₹11.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 29% more than the average Store Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Lotus Electronics India.

How does the salary of a Store Manager at Lotus Electronics India compare with the average salary range for this job?

The average salary of a Store Manager at Lotus Electronics is 29% more than the average salary of a Store Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lotus Electronics to a Store Manager in India?

Croma Store Manager Salary - ₹4.9 Lakhs to ₹15.0 Lakhs per year
Amber Enterprises India Store Manager Salary - ₹8.3 Lakhs to ₹10.6 Lakhs per year
Ezone Store Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Vijay Sales Store Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Reliance Digital Store Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Store Manager in companies similar to Lotus Electronics in India?

Bajaj Electricals Store Manager Salary - ₹5.5 Lakhs to ₹8.8 Lakhs per year
USHA International Store Manager Salary - ₹3.3 Lakhs to ₹9.0 Lakhs per year
Voltas Store Manager Salary - ₹3.6 Lakhs to ₹7.8 Lakhs per year
Aditya Birla Fashion and Retail Store Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
Sargam Electronics Store Manager Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year

What is the estimated take home salary of a Store Manager at Lotus Electronics in India?

The estimated take-home salary of a Store Manager at Lotus Electronics ranges between ₹54,003 per month to ₹55,350 per month in India. The take-home salary calculation is based on the average Lotus Electronics Store Manager salary in India which ranges between ₹4.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Store Manager at Lotus Electronics?

According to AmbitionBox, 80% of the Lotus Electronics Store Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Lotus Electronics Store Manager Salaries

Lotus Electronics Store Manager salary in India ranges between ₹4.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Lotus Electronics latest salaries received from various employees of Lotus Electronics.