SPAR Hypermarkets Branch Manager Salaries by 7 Employees

10 - 20 years exp.

₹15 Lakhs - ₹17 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

71% more than the average Branch Manager Salary in Retail Companies for 10 - 20 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 16 - 20 years exp. (3 salaries)	₹15.4 L/yr - ₹16 L/yr
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Merchandising, Retail & eCommerce Branch Manager Salary 10 - 13 years exp. (3 salaries)	₹15 L/yr - ₹17 L/yr

Last Updated: 18 Oct 2024

Companies similar to SPAR Hypermarkets for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Vijay Sales Branch Manager Salary 9 - 18 years exp. (49 salaries)	₹5.1 L/yr - ₹14 L/yr 42% less
Reliance Retail Branch Manager Salary 8 - 22 years exp. (28 salaries)	₹12.4 L/yr - ₹36.1 L/yr 35% more
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Reliance Trends Branch Manager Salary 8 - 17 years exp. (4 salaries)	₹4.8 L/yr - ₹7.5 L/yr 63% less
ICICI Bank Branch Manager Salary 4 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹23 L/yr 18% less
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.5 L/yr - ₹26.9 L/yr 4% less	16 job openings

Branch Manager salary at SPAR Hypermarkets ranges between ₹15 Lakhs to ₹17 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of SPAR Hypermarkets.

Experience wise SPAR Hypermarkets Branch Manager salaries

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.8 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
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12 years (AmbitionBox Estimate)	₹15 L/yr - ₹28 L/yr
13 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹17 L/yr
14 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
15+ years (4 salaries)	₹15.4 L/yr - ₹16 L/yr

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Similar Designation salaries in SPAR Hypermarkets

Area Manager Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Sales Manager Salary

(4 salaries)

₹1.2 L/yr - ₹4 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Deputy Manager Salary

(66 salaries)

₹4.8 L/yr - ₹8.6 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Operations Manager Salary

(8 salaries)

₹6.2 L/yr - ₹8.36 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Assistant Branch Manager Salary

(3 salaries)

₹12 L/yr - ₹15 L/yr

Accountant Salary

(3 salaries)

₹1.5 L/yr - ₹2.7 L/yr

Salary related reviews for SPAR Hypermarkets

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Merchandising, Retail & eCommerce Department

1.0

• posted on 27 Apr 2024

3.0

for Salary and Benefits

Likes

Salary on time

Job security - Excellent

Dislikes

Ruthless work culture. Highly toxic. Unreasonable asks. Humiliation in front of everyone Toxic bosses Useless HRs - not able to control culture Worst company culture I have ever seen. No learning. Useless planning stuff. Useless top management giving pressure till bottom people in the name of result even when they are clearly aware . Suicidal for career and mental peace. Never join this company.

Skill development - Bad

+4 more

Regional Marketing Manager in New Delhi

Full Time

Marketing & Communication Department

1.0

• posted on 10 Jun 2018

3.0

for Salary and Benefits

Likes

Compensation is Ok.

Dislikes

Growth is very slow and the work pressure is very high. most of the time it is very difficult to call get the time on weekly off. Management speaks in the rubbish language to their employee. There is no work life balance, No innovation, Mangement doesn't have clarity what to do so the employee is doing the same job repeatedly. No good atmosphere. Job security is also not there.

Skill development - Bad

+5 more

Assistant Department Manager in Ghaziabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Sep 2017

4.0

for Salary and Benefits

Likes

It's a great company to work.. If u r a good employee then u will be take good salary hike and pramotion company says if employee have good energy then he will deliver the task so company provide employees 1 banana and 1 egg...also fun was there and team mates is good

Salary - Good

+2 more

Dislikes

Only 4 branch in NCR location

Skill development - Poor

Floor Supervisor in Bangalore Rural

Home Appliances Department

5.0

• posted on 04 Aug 2021

1.0

for Salary and Benefits

Likes

...and culture. Teammates are not Supportive and the management is not transparent. Appraisal are not fair and they not give good salary hike but they give bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is no decent offer letter and play slip not matching at all they offer something and they give something and there is a no career growth in Organization. Only they want to staff work like donkey there is no humanity in management.

Salary - Bad

+5 more

Executive Accountant in Lifestyle International Private Limited

Finance & Accounting Department

5.0

• posted on 02 Oct 2020

4.0

for Salary and Benefits

Likes

Good work culture, Challenging job. I had a good team under me & had freedom to take decisions. It was a very responsible role, where the schedule had to tracked on a daily basis, materials tracking, updating the management on risk factors, delays & other challenges.

Salary - Good

+6 more

Dislikes

Low salary high work pressure They will always make you to do extra hours work They didn't allow you to do home after your work time

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

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SPAR Hypermarkets Branch Manager Salary FAQs

What is the salary of Branch Manager at SPAR Hypermarkets ?

The average salary of a Branch Manager at SPAR Hypermarkets in India typically ranges from ₹15.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Branch Manager at SPAR Hypermarkets earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Branch Manager Salaries at SPAR Hypermarkets 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 7 SPAR Hypermarkets employees in India.

What is the estimated take home salary of a Branch Manager at SPAR Hypermarkets in India?

The estimated take-home salary of a Branch Manager at SPAR Hypermarkets in India typically ranges from ₹1,07,511 to ₹1,10,475 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 7 salaries received from various employees of SPAR Hypermarkets. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SPAR Hypermarkets for Branch Manager in India?

Reliance Retail

₹12.4 Lakhs to ₹36.1 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to SPAR Hypermarkets in India?

The salary of a Branch Manager at companies similar to SPAR Hypermarkets in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹6.5 Lakhs to ₹26.9 Lakhs per year
ICICI Bank	₹5.3 Lakhs to ₹23.0 Lakhs per year
Vijay Sales	₹5.1 Lakhs to ₹14.0 Lakhs per year
Reliance Trends	₹4.8 Lakhs to ₹7.5 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 Branch Manager at SPAR Hypermarkets in India?

The salary growth for a Branch Manager at SPAR Hypermarkets depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at SPAR Hypermarkets:

Experience	Average Salary Range
10 years	₹15.0 Lakhs to ₹27.8 Lakhs per year
11 years	₹14.0 Lakhs to ₹17.8 Lakhs per year
12 years	₹15.0 Lakhs to ₹28.0 Lakhs per year
13 years	₹6.2 Lakhs to ₹17.0 Lakhs per year

and so on.

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SPAR Hypermarkets Branch Manager Salaries

SPAR Hypermarkets Branch Manager salary in India ranges between ₹15 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SPAR Hypermarkets latest salaries received from various employees of SPAR Hypermarkets.