Sargam Electronics Ludhiana Salaries by 5 Employees

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Merchandising, Retail & eCommerce

Designation	Avg Annual Salary	Open Jobs
Retail Store Manager 9 - 11 years exp. · Ludhiana (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr
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IT Sales Manager 11 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Senior Executive 7 years exp. · Ludhiana (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 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 Sargam Electronics

3.1

Rated by 2 employees for salary & benefits

Assistant Stock Auditor in Yamunanagar

Human Resources Department

4.0

• posted on 08 Aug 2020

3.0

for Salary and Benefits

Likes

Hmm Environment is good. Bt incentive is cut of this period. No bonus . No gaming at all .. Yes teammate are supportive.& I respect .

Work satisfaction - Good

+1 more

Dislikes

During lockdown sargam Electronicns not give us salary 2 month we are at home. Our home conditions is not so good. & Other next month all staff in on working & only me at home. & That month salary i got 3100. & Last year i got increment but now this period. Cutt off that incentive.

Job security - Bad

+1 more

Floor Manager in New Delhi

Sales & Business Development Department

1.0

• posted on 05 Jun 2020

1.0

for Salary and Benefits

Likes

... not active in any problem of employee all decisions taken by some khas persons. In covid 19 lockdown we dint get any salary and we dint get any mail or official information from the HR. Now we have received salary reduction mail which would be applicable from June 19. And today most of the employees got call from operation manager that you guys have to resign. No HR talk no mail nothing. And from dated 19th May 20 comapnay operating their stores very well and we did lot of sales which we does in a month that sale we has done in just 12 days after that we got a call to resign. Very bad experience working in Sargam i will not suggest to work in Sargam.

Dislikes

No professionalism No job security No growth No support in Covid 19 lockdown, Unqualified top Management.

Salary - Bad

+6 more

Store Manager in Ghaziabad

Merchandising, Retail & eCommerce Department

2.0

• posted on 02 Jun 2020

1.0

for Salary and Benefits

Likes

Salary not paid for April month. May also not paid. Above all the current CTC has been reduced. No support what so ever given by company. Really disappointed. Working hours around 10 to 11 hrs. No support.

Dislikes

Average feeling

Salary - Bad

+6 more

Executive Accountant in New Delhi

Finance & Accounting Department

2.0

• posted on 23 May 2020

1.0

for Salary and Benefits

Likes

Not a good company , for growth of a condidate , extra working hour utilise by company without pay any extra time

Dislikes

Management are not good specially some store like paschim puri where i have worked . They are neither co-operative nor helping in nature

Salary - Bad

+6 more

MIS Executive (Customer Service Executive)

Consulting Department

5.0

• posted on 29 Aug 2018

4.0

for Salary and Benefits

Likes

Sargam Electronics is the Delhi's biggest retai chain in electronics. Sargam electronics is open to innovation and readily adopts latest technology. I learnt many things in this company like retail environment, way of troubleshooting, customer's complaint related to products. Other plus points is that my collegues comes from various cultural backgroun, and we work happily in collaboratio.

Salary - Good

+5 more

Dislikes

Compensation is decent, but growth is slow.

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Sargam Electronics interview questions by designations

Customer Service Manager (1)Store Manager (1)Accounts Associate (1)

View all 3 interview experiences

Know more about Sargam Electronics Ludhiana

Sargam Electronics Salary FAQs

How much does Sargam Electronics pay to its employees?

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

Retail Store Manager	₹5.5 Lakhs to ₹6.5 Lakhs per year
IT Sales Manager	₹2.4 Lakhs to ₹3.1 Lakhs per year
Senior Executive	₹3.2 Lakhs to ₹4 Lakhs per year

The highest-paying role, Retail Store Manager, earns between ₹5 Lakhs to ₹6.5 Lakhs per year. The top 10% of employees earn more than ₹6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Salaries at Sargam Electronics 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 5 salaries submitted by Sargam Electronics employees. Sargam Electronics is rated 3.1 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Sargam Electronics , Ludhiana is INR . Salary estimates are based on 5 Sargam Electronics latest salaries received from various employees of Sargam Electronics.