Spencer's Retail Assistant Manager Salaries by 90+ Employees (Updated 2025)

5 - 17 years exp.

₹3.3 Lakhs - ₹11.3 Lakhs

Salary of majority employees

18% less than the average Assistant Manager Salary in Retail Companies for 5 - 17 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager Salary 5 - 17 years exp. (18 salaries)	₹3.5 L/yr - ₹10 L/yr
Merchandising, Retail & eCommerce Assistant Manager Salary 5 - 13 years exp. (14 salaries)	₹3.6 L/yr - ₹9.7 L/yr
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Procurement & Supply Chain Assistant Manager Salary 8 - 17 years exp. (12 salaries)	₹3.3 L/yr - ₹9 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 - 13 years exp. (9 salaries)	₹3.8 L/yr - ₹10 L/yr
Marketing & Communication Assistant Manager Salary 5 - 12 years exp. (7 salaries)	₹3.8 L/yr - ₹10 L/yr

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Last Updated: 19 Mar 2025

Companies similar to Spencer's Retail for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Landmark Group Assistant Manager Salary 2 - 14 years exp. (392 salaries)	₹5 L/yr - ₹21 L/yr 68% more
V-Mart Assistant Manager Salary 1 - 12 years exp. (208 salaries)	₹1.3 L/yr - ₹10 L/yr 27% less	1 job opening
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Future Retail Assistant Manager Salary 5 - 17 years exp. (189 salaries)	₹2.4 L/yr - ₹12.1 L/yr 1% more
Vishal Mega Mart Assistant Manager Salary 6 - 16 years exp. (176 salaries)	₹3 L/yr - ₹9 L/yr 21% less
Titan Company Assistant Manager Salary 5 - 16 years exp. (160 salaries)	₹4.6 L/yr - ₹15 L/yr 36% more
Metro Cash & Carry Assistant Manager Salary 6 - 20 years exp. (109 salaries)	₹3.6 L/yr - ₹15.1 L/yr 23% more
Trent Assistant Manager Salary 1 - 14 years exp. (97 salaries)	₹4.7 L/yr - ₹17.6 L/yr 61% more
Shoppers Stop Assistant Manager Salary 1 - 14 years exp. (69 salaries)	₹4.5 L/yr - ₹10 L/yr At par
Future Lifestyle Fashion Assistant Manager Salary 4 - 16 years exp. (69 salaries)	₹3.9 L/yr - ₹13.2 L/yr 24% more
V2 Retail Assistant Manager Salary 1 - 10 years exp. (50 salaries)	₹1.9 L/yr - ₹8 L/yr 43% less	1 job opening

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Assistant Manager salary at Spencer's Retail ranges between ₹3.3 Lakhs to ₹11.3 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 99 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Assistant Manager salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
5 years (9 salaries)	₹4.5 L/yr - ₹9.7 L/yr
6 years (6 salaries)	₹4.5 L/yr - ₹9.5 L/yr
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7 years (8 salaries)	₹4.5 L/yr - ₹10 L/yr
8 years (16 salaries)	₹3.3 L/yr - ₹10 L/yr
9 years (10 salaries)	₹3.5 L/yr - ₹10 L/yr
10 years (11 salaries)	₹3.9 L/yr - ₹9.5 L/yr
11 years (5 salaries)	₹3.6 L/yr - ₹12.5 L/yr
12 years (6 salaries)	₹4.8 L/yr - ₹10 L/yr
13 years (10 salaries)	₹3.8 L/yr - ₹8 L/yr
14 years (4 salaries)	₹5 L/yr - ₹11.3 L/yr
15+ years (14 salaries)	₹5 L/yr - ₹9.6 L/yr

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From

Assistant Manager

5 - 17 years exp.

Manager

2 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Store Manager Salary

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Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7.29 L/yr

Team Lead Salary

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₹1.25 L/yr - ₹4 L/yr

Senior Associate Salary

(3 salaries)

₹1.2 L/yr - ₹6.4 L/yr

Top skills at Spencer's Retail for Assistant Manager

B2B Business Modeling Business Development CRM Business operations

Salary related reviews for Spencer's Retail

2.8

Rated by 26 employees for salary & benefits

Assistant Manager in Kolkata

Full Time

Other Department

3.0

• posted on 10 Apr 2022

4.0

for Salary and Benefits

Likes

It's one of the company which is belong to best group in west bengal i.e RPSG group and job security and compensation benefits is petty better then others.

Salary - Good

+3 more

Dislikes

Spencer's management should be look after the work life balance.

Work-life balance - Poor

Team Lead in Lucknow

Fmcg,cash,staple,FNV Department

4.0

• posted on 24 Mar 2018

3.0

for Salary and Benefits

Likes

Spencer's company is very good for start your Career in Retail it is very good teacher ,but after that no need to stay in company more then 3 years

Skill development - Excellent

+4 more

Dislikes

Here nothing to dislike but growth was very slow for team Leader & above post as well as compensation is little bit less

Promotions - Poor

Department Manager in Kolkata

Merchandising, Retail & eCommerce Department

5.0

• posted on 19 Apr 2018

5.0

for Salary and Benefits

Likes

...learn lots of things from this company and hence I am working here last 11years. There is no delay in salary every time got on time. Actually I love to work at Spencer's, hence I am working since 11yrs

Salary - Excellent

+6 more

Dislikes

Overall ok

Senior Executive in Varanasi

Full Time

Research & Development Department

5.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

...people are keeping their relatives by doing politics and firing their employees. The company needs to pay attention to this.

Salary - Excellent

+5 more

Dislikes

There is politics going on at Spencer right now that is detrimental to the company.

Chief Administration Manager in Kolkata

Full Time

Administration & Facilities Department

2.0

• posted on 21 Jan 2024

4.0

for Salary and Benefits

Likes

...company. It was a much better organisation but destroyed by son of the promoter. You get your salary on time and in case you are joining new they will offer above the market price as no one wants to continue after 3 months of joining.

Salary - Good

Dislikes

It is a classic case of over zealous promoters destroying a business. Non competent son of the promoter thinks himself as God and all employees as piece of furniture. Management changes after every 3 years. Some CXOs leaves even before that. Every year people gets fired as cost cutting is the only tool for sustainability, as per the promoter. Do not join even if they offer a higher than market price also.

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Spencer's Retail Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Spencer's Retail ?

The average salary of a Assistant Manager at Spencer's Retail in India typically ranges from ₹3.3 Lakhs to ₹11.3 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Assistant Manager at Spencer's Retail earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹10.6 Lakhs per year. Assistant Manager Salaries at Spencer's Retail 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 90+ Spencer's Retail employees in India.

What is the estimated take home salary of a Assistant Manager at Spencer's Retail in India?

The estimated take-home salary of a Assistant Manager at Spencer's Retail in India typically ranges from ₹52,109 to ₹54,477 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from 5 years to 17 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 90+ salaries received from various employees of Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Spencer's Retail ?

To be a Assistant Manager at Spencer's Retail in india, the key skills required include:

- B2B
- Business Modeling
- Business Development
- CRM
- Business operations

These skills are highly valued at Spencer's Retail and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Spencer's Retail for Assistant Manager in India?

Lowe's	₹8.5 Lakhs to ₹19.0 Lakhs per year
Landmark Group	₹5.0 Lakhs to ₹21.0 Lakhs per year
VIP Industries	₹5.1 Lakhs to ₹17.7 Lakhs per year
Gap	₹8.3 Lakhs to ₹14.4 Lakhs per year
Trent	₹4.7 Lakhs to ₹17.6 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to Spencer's Retail in India?

The salary of a Assistant Manager at companies similar to Spencer's Retail in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tesco	₹7.0 Lakhs to ₹16.0 Lakhs per year
Marks & Spencer	₹5.3 Lakhs to ₹16.6 Lakhs per year
Titan Company	₹4.6 Lakhs to ₹15.0 Lakhs per year
Future Lifestyle Fashion	₹3.9 Lakhs to ₹13.2 Lakhs per year
Metro Cash & Carry	₹3.6 Lakhs to ₹15.1 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 Assistant Manager at Spencer's Retail in India?

The salary growth for a Assistant Manager at Spencer's Retail depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Spencer's Retail:

Experience	Average Salary Range
5 years	₹4.5 Lakhs to ₹9.7 Lakhs per year
6 years	₹4.5 Lakhs to ₹9.5 Lakhs per year
7 years	₹4.5 Lakhs to ₹10.0 Lakhs per year
8 years	₹3.3 Lakhs to ₹10.0 Lakhs per year

and so on.

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Spencer's Retail Assistant Manager Salaries

Spencer's Retail Assistant Manager salary in India ranges between ₹3.3 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 99 Spencer's Retail latest salaries received from various employees of Spencer's Retail.