SM Knitwear Senior Merchandiser Salaries by 5 Employees

8 - 14 years exp.

₹8.4 Lakhs - ₹8.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average Senior Merchandiser Salary for 8 - 14 years of experience

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Last Updated: 4 Apr 2023

Companies similar to SM Knitwear for Senior Merchandiser

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Senior Merchandiser Salary 2 - 10 years exp. (7 salaries)	₹3 L/yr - ₹5.5 L/yr 50% less
Amazon Senior Merchandiser Salary 3 - 12 years exp. (4 salaries)	₹5.4 L/yr - ₹20.9 L/yr 35% more
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Reliance Industries Senior Merchandiser Salary 5 - 17 years exp. (4 salaries)	₹7 L/yr - ₹11.9 L/yr 17% less
TCS Senior Merchandiser Salary 2 - 7 years exp. (3 salaries)	₹6 L/yr - ₹30 L/yr 63% more
Shahi Exports Senior Merchandiser Salary 4 - 11 years exp. (138 salaries)	₹3.6 L/yr - ₹10.8 L/yr 24% less	1 job opening

Senior Merchandiser salary at SM Knitwear ranges between ₹8.4 Lakhs to ₹8.9 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of SM Knitwear.

Experience wise SM Knitwear Senior Merchandiser salaries

Last Updated: 4 Apr 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.8 L/yr
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10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.7 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.9 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.9 L/yr

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Similar Designation salaries in SM Knitwear

Production Merchandiser Salary

(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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SM Knitwear Senior Merchandiser Salary FAQs

What is the salary of Senior Merchandiser at SM Knitwear ?

The average salary of a Senior Merchandiser at SM Knitwear in India typically ranges from ₹8.4 Lakhs to ₹8.9 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Senior Merchandiser at SM Knitwear earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹8.9 Lakhs per year. Senior Merchandiser Salaries at SM Knitwear 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 5 SM Knitwear employees in India.

What is the estimated take home salary of a Senior Merchandiser at SM Knitwear in India?

The estimated take-home salary of a Senior Merchandiser at SM Knitwear in India typically ranges from ₹64,101 to ₹65,734 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from 8 years to 14 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 5 salaries received from various employees of SM Knitwear. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SM Knitwear for Senior Merchandiser in India?

TCS	₹6.0 Lakhs to ₹30.0 Lakhs per year
Amazon	₹5.4 Lakhs to ₹20.9 Lakhs per year

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

What is the salary of a Senior Merchandiser in companies similar to SM Knitwear in India?

The salary of a Senior Merchandiser at companies similar to SM Knitwear in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Industries	₹7.0 Lakhs to ₹11.9 Lakhs per year
Shahi Exports	₹3.6 Lakhs to ₹10.8 Lakhs per year
Reliance Retail	₹3.0 Lakhs to ₹5.5 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 Senior Merchandiser at SM Knitwear in India?

The salary growth for a Senior Merchandiser at SM Knitwear depends on factors such as experience, performance, and promotions. On average, a Senior Merchandiser can expect the following growth trajectory at SM Knitwear:

Experience	Average Salary Range
8 years	₹3.5 Lakhs to ₹8.8 Lakhs per year
9 years	₹3.5 Lakhs to ₹8.8 Lakhs per year
10 years	₹8.4 Lakhs to ₹15.7 Lakhs per year
11 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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SM Knitwear Senior Merchandiser Salaries

SM Knitwear Senior Merchandiser salary in India ranges between ₹8.4 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SM Knitwear latest salaries received from various employees of SM Knitwear.