Shoppers Stop New Delhi Retail Manager Salaries by 4 Employees

4 - 10 years exp.

₹3.9 Lakhs - ₹5.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Retail Manager Salary in Retail Companies for 4 - 10 years of experience

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Last Updated: 22 Aug 2024

Companies similar to Shoppers Stop for Retail Manager in New Delhi

Shoppers Stop Retail Manager Salary

4 - 10 years exp. (4 salaries)

₹3.9 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Retail Manager Salary 1 - 10 years exp. (18 salaries)	₹2.8 L/yr - ₹6.1 L/yr 19% less	2 job openings
Landmark Group Retail Manager Salary 3 - 13 years exp. (5 salaries)	₹3.2 L/yr - ₹16 L/yr 87% more
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Future Group Retail Manager Salary 3 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹6.5 L/yr 34% less
V2 Retail Retail Manager Salary 4 - 7 years exp. (3 salaries)	₹1.5 L/yr - ₹3.3 L/yr 50% less
CARS24 Retail Manager Salary 3 - 12 years exp. (107 salaries)	₹2.7 L/yr - ₹7.2 L/yr 4% more

Retail Manager salary at Shoppers Stop ranges between ₹3.9 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Shoppers Stop.

Experience wise Shoppers Stop Retail Manager salaries in New Delhi

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Shoppers Stop

Department Manager Salary

(164 salaries)

₹4 L/yr - ₹6.7 L/yr

Store Manager Salary

(10 salaries)

₹6 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(4 salaries)

₹11.1 L/yr - ₹15.1 L/yr

Sales Manager Salary

(3 salaries)

₹2.15 L/yr - ₹3.36 L/yr

Salary related reviews for Shoppers Stop

1.0

Rated by 1 employees for salary & benefits

Department Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

Salary on time

Dislikes

There is huge work pressure with zero support from Unit head. Even if you are on your week off the very next day UH will make you feel that you have done some crime. There is absolutely no plan or helping hand or even minimum support from any of the snr. Colleague.

Job security - Poor

+3 more

Department Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 21 Sep 2023

1.0

for Salary and Benefits

Likes

As company management has recently changed so many unwanted pressure are coming in frame. Culturally good company. One can work here for lifetime only if he/she is coming from financially rich background. Because worst part is the salary. Firstly salary is pathetic. Growth opportunities are there but that growth will soon become curse when one will see salary slip. Good place for beginners to learn. But one promotion within 2 years and jump to another company probably the best strategy to work here.

Skill development - Good

+2 more

Dislikes

Salary structure

Salary - Bad

+1 more

Department Manager in Bangalore / Bengaluru

Full Time

Merchandising, Retail & eCommerce Department

5.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

If you get a good employee caring manager then it is like the best retail sector job...if you will get bad manager then life will be horrible..the best part of this is work-life balance and job satisfaction

Salary - Good

+6 more

Dislikes

Salary is low in DM level as compared to work

Department Manager in Raipur

Full Time

Merchandising, Retail & eCommerce Department

5.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

...ked with ,understand the feelings of every employee working with shoppers stop . Got full salary during Covid 19 .

Salary - Good

+5 more

Dislikes

Very less internal promotion, did not get clarity of assessment I have given a final round interview.

Department Manager in Hyderabad / Secunderabad

Full Time

Mens Department

4.0

• posted on 10 Dec 2018

4.0

for Salary and Benefits

Likes

It's a good organization to start a career and to grab a lot of knowledge. Job security is great and also the working environment.

Salary - Good

+6 more

Dislikes

Salary is a part to be considered as they pay little less in comparison to other retailers but will have a great boost in career.

see more salary related reviews

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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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Shoppers Stop Retail Manager Salary FAQs

What is the salary of Retail Manager at Shoppers Stop in New Delhi?

The average salary of a Retail Manager at Shoppers Stop in New Delhi typically ranges from ₹3.9 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Retail Manager in New Delhi at Shoppers Stop earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Retail Manager Salaries at Shoppers Stop 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 estimates are based on salary data submitted by 4 Shoppers Stop employees in India.

What is the estimated take home salary of a Retail Manager at Shoppers Stop in New Delhi?

The estimated take-home salary of a Retail Manager at Shoppers Stop in New Delhi typically ranges from ₹38,675 to ₹39,860 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 4 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Shoppers Stop. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shoppers Stop for Retail Manager in India?

Landmark Group	₹3.2 Lakhs to ₹16.0 Lakhs per year
CARS24	₹2.7 Lakhs to ₹7.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shoppers Stop, depending on the role and experience level.

What is the salary of a Retail Manager in companies similar to Shoppers Stop in New Delhi?

The salary of a Retail Manager at companies similar to Shoppers Stop in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Retail	₹2.8 Lakhs to ₹6.1 Lakhs per year
Future Group	₹3.1 Lakhs to ₹6.5 Lakhs per year
V2 Retail	₹1.5 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Retail Manager at Shoppers Stop in New Delhi?

The salary growth for a Retail Manager at Shoppers Stop in New Delhi depends on factors such as experience, performance, and promotions. On average, a Retail Manager in New Delhi can expect the following growth trajectory at Shoppers Stop:

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.6 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Shoppers Stop Retail Manager Salaries in New Delhi

Shoppers Stop Retail Manager salary in New Delhi ranges between ₹3.9 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shoppers Stop latest salaries received from various employees of Shoppers Stop.