Penguin Apparels Senior Merchandising Manager Salaries by 4 Employees (Updated 2024)

3 - 8 years exp.

₹4.2 Lakhs - ₹6 Lakhs

Salary of majority employees

67% less than the average Senior Merchandising Manager Salary for 3 - 8 years of experience

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Last Updated: 4 Dec 2024

Companies similar to Penguin Apparels for Senior Merchandising Manager

Company name	Avg Annual Salary	Open Jobs
Fabindia Senior Merchandising Manager Salary 16 - 18 years exp. (4 salaries)	₹11 L/yr - ₹12.5 L/yr 137% more
Arvind Group Senior Merchandising Manager Salary 13 - 16 years exp. (4 salaries)	₹8.4 L/yr - ₹10.1 L/yr 80% more
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Shoppers Stop Senior Merchandising Manager Salary 7 - 20 years exp. (4 salaries)	₹22.5 L/yr - ₹28.8 L/yr 393% more
Reliance Retail Senior Merchandising Manager Salary 10 - 18 years exp. (5 salaries)	₹17 L/yr - ₹26.3 L/yr 322% more
Bhartiya International Senior Merchandising Manager Salary 12 - 17 years exp. (6 salaries)	₹11 L/yr - ₹15.8 L/yr 161% more

Senior Merchandising Manager salary at Penguin Apparels ranges between ₹4.2 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Penguin Apparels.

Experience wise Penguin Apparels Senior Merchandising Manager salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Penguin Apparels

Senior Merchandiser Salary

(4 salaries)

₹5.88 L/yr - ₹7 L/yr

Garment Merchandiser Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Merchandiser Salary

(7 salaries)

₹2.4 L/yr - ₹3.1 L/yr

Fashion Designer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Penguin Apparels

Fashion Designer in Madurai

Merchandising, Retail & eCommerce Department

4.0

• posted on 29 Jul 2019

3.0

for Salary and Benefits

Likes

Overall experience is good, but if you are expecting anything apart from stereotype 9 to 6 job then you might feel little disappointment here.

Dislikes

Work environment and canteen service could have been better.

Merchandiser in Madurai

Merchandising, Retail & eCommerce Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

Penguin apparels is the most secure place for mostly the women employees they protect their employers that was their first and foremost thing.such a wonderful working experience I had with them I would like to be a part of penguin once again if I had a opportunity once again I will never miss

Dislikes

Nothing to say such a humble owner and my role model is my penguin apparels MD Mr.anbukani sir thanks for the opportunity and I would like to work with your company once again

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Salary Discussions, Hike & Promotions

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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Penguin Apparels Senior Merchandising Manager Salary FAQs

What is the salary of Senior Merchandising Manager at Penguin Apparels?

Senior Merchandising Manager salary at Penguin Apparels in India ranges between ₹4.2 Lakhs to ₹6.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 67% less than the average Senior Merchandising Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Penguin Apparels India.

How does the salary of a Senior Merchandising Manager at Penguin Apparels India compare with the average salary range for this job?

The average salary of a Senior Merchandising Manager at Penguin Apparels is 67% less than the average salary of a Senior Merchandising Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Penguin Apparels to a Senior Merchandising Manager in India?

Shoppers Stop Senior Merchandising Manager Salary - ₹22.5 Lakhs to ₹28.8 Lakhs per year
Reliance Retail Senior Merchandising Manager Salary - ₹17.0 Lakhs to ₹26.3 Lakhs per year
Bhartiya International Senior Merchandising Manager Salary - ₹11.0 Lakhs to ₹15.8 Lakhs per year
Fabindia Senior Merchandising Manager Salary - ₹11.0 Lakhs to ₹12.5 Lakhs per year
Arvind Group Senior Merchandising Manager Salary - ₹8.4 Lakhs to ₹10.1 Lakhs per year

What is the estimated take home salary of a Senior Merchandising Manager at Penguin Apparels in India?

The estimated take-home salary of a Senior Merchandising Manager at Penguin Apparels ranges between ₹38,166 per month to ₹39,359 per month in India. The take-home salary calculation is based on the average Penguin Apparels Senior Merchandising Manager salary in India which ranges between ₹4.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Merchandising Manager at Penguin Apparels?

According to AmbitionBox, 100% of the Penguin Apparels Senior Merchandising Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Penguin Apparels Senior Merchandising Manager Salaries

Penguin Apparels Senior Merchandising Manager salary in India ranges between ₹4.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Penguin Apparels latest salaries received from various employees of Penguin Apparels.