Montblanc Mumbai Salaries by 7 Employees (Updated 2025)

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Merchandising, Retail & eCommerce

Designation	Avg Annual Salary	Open Jobs
Retail Store Manager 0 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
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Boutique Manager 13 - 14 years exp. · Mumbai (AmbitionBox Estimate)	₹17 L/yr - ₹18.5 L/yr
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Sales Executive 5 years exp. · Mumbai (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.6 L/yr
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Store Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹16.4 L/yr - ₹21 L/yr
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Shift Incharge 9 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Montblanc

4.0

Rated by 1 employees for salary & benefits

Assistant Store Keeper in Riyadh

Showroom and warehouse Department

5.0

• posted on 15 Sep 2019

5.0

for Salary and Benefits

Likes

Its a luxuary brand. And i love to work with montblanc. And i specially doing purchase order. Re arranging in proper way.

Salary - Excellent

+6 more

Dislikes

Not in proper way. As well merchandising. During duty time. Someone doesn't like to work. I will be point to him

see more salary related reviews

Know more about Montblanc Mumbai

Montblanc Salary FAQs

How much does Montblanc pay to its employees?

The average annual salary at Montblanc varies depending on the role, experience, and location. The salary ranges for some popular designations at Montblanc, are as follows:

Retail Store Manager	₹13.8 Lakhs to ₹17.6 Lakhs per year
Boutique Manager	₹17 Lakhs to ₹18.5 Lakhs per year
Sales Executive	₹2.9 Lakhs to ₹6.6 Lakhs per year
Store Manager	₹16.4 Lakhs to ₹21 Lakhs per year

The highest-paying role, Boutique Manager, earns between ₹17 Lakhs to ₹20.3 Lakhs per year. The top 10% of employees earn more than ₹23.4 Lakhs per year, and the top 1% earn over ₹67.8 Lakhs per year. Salaries at Montblanc can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 7 salaries submitted by Montblanc employees. Montblanc is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Montblanc , Mumbai is INR . Salary estimates are based on 7 Montblanc latest salaries received from various employees of Montblanc.