Spencer's Retail Assistant Store Manager Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹3.7 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% more than the average Assistant Store Manager Salary in Retail Companies for 7 - 10 years of experience

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Salaries in different departments

Sales & Business Development Assistant Store Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.2 L/yr
Marketing & Communication Assistant Store Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.4 L/yr
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Merchandising, Retail & eCommerce Assistant Store Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.4 L/yr

Last Updated: 28 Feb 2025

Companies similar to Spencer's Retail for Assistant Store Manager

Company name	Avg Annual Salary	Open Jobs
Vishal Mega Mart Assistant Store Manager Salary 5 - 16 years exp. (484 salaries)	₹3.6 L/yr - ₹6.6 L/yr 1% more
V-Mart Assistant Store Manager Salary 0 - 12 years exp. (370 salaries)	₹1.7 L/yr - ₹4.5 L/yr 37% less	1 job opening
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V2 Retail Assistant Store Manager Salary 3 - 12 years exp. (174 salaries)	₹1.7 L/yr - ₹5.3 L/yr 34% less	1 job opening
Future Retail Assistant Store Manager Salary 3 - 14 years exp. (135 salaries)	₹2.2 L/yr - ₹9.5 L/yr 12% less
Landmark Group Assistant Store Manager Salary 1 - 15 years exp. (99 salaries)	₹3 L/yr - ₹8.6 L/yr 9% more
Reliance Smart Assistant Store Manager Salary 2 - 13 years exp. (87 salaries)	₹3 L/yr - ₹7 L/yr 3% less
Trent Assistant Store Manager Salary 6 - 18 years exp. (40 salaries)	₹4 L/yr - ₹7.9 L/yr 15% more
Marks & Spencer Assistant Store Manager Salary 8 - 15 years exp. (26 salaries)	₹6.3 L/yr - ₹8 L/yr 35% more
NIKE Assistant Store Manager Salary 4 - 9 years exp. (18 salaries)	₹3.6 L/yr - ₹7.3 L/yr 2% more
Titan Company Assistant Store Manager Salary 1 - 13 years exp. (14 salaries)	₹2 L/yr - ₹5 L/yr 44% less
Future Lifestyle Fashion Assistant Store Manager Salary 2 - 15 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 28% less
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CANTABIL RETAIL INDIA Assistant Store Manager Salary 1 - 7 years exp. (13 salaries)	₹1.8 L/yr - ₹2.8 L/yr 55% less
Shoppers Stop Assistant Store Manager Salary 0 - 10 years exp. (7 salaries)	₹4.2 L/yr - ₹7.2 L/yr 26% more
Jade Blue Lifestyle Assistant Store Manager Salary 9 - 14 years exp. (7 salaries)	₹3.2 L/yr - ₹5.3 L/yr 15% less
VIP Industries Assistant Store Manager Salary 0 - 12 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr 50% less
Emami Frank Ross Assistant Store Manager Salary 5 - 17 years exp. (5 salaries)	₹1.2 L/yr - ₹4.1 L/yr 44% less
Metro Cash & Carry Assistant Store Manager Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹10.3 L/yr 47% more
Mothercare Assistant Store Manager Salary 5 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹5.4 L/yr 19% less
Gap Assistant Store Manager Salary 5 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹5.4 L/yr 23% less
Archies Assistant Store Manager Salary 3 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.8 L/yr 57% less

View all

Assistant Store Manager salary at Spencer's Retail ranges between ₹3.7 Lakhs to ₹6.2 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Assistant Store Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (3 salaries)	₹4.7 L/yr - ₹6.2 L/yr

Similar Designation salaries in Spencer's Retail

Retail And Store Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Assistant Department Manager Salary

(5 salaries)

₹2.1 L/yr - ₹3.75 L/yr

Senior Store Manager Salary

(7 salaries)

₹12.58 L/yr - ₹16.05 L/yr

Store Manager Salary

(93 salaries)

₹2.2 L/yr - ₹10.48 L/yr

Area Sales Manager Salary

(6 salaries)

₹20 L/yr - ₹40 L/yr

Operations Manager Salary

(13 salaries)

₹5.7 L/yr - ₹11.5 L/yr

Cluster Manager Salary

(5 salaries)

₹16 L/yr - ₹33 L/yr

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹16 L/yr

Retail Manager Salary

(4 salaries)

₹3 L/yr - ₹3.9 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Top skills at Spencer's Retail for Assistant Store Manager

Floor Management Communication Skills Inventory Management Store Management Retail Store Operations Shrinkage Control Retail Operations Store Operations Staff Management Inventory Control Customer Handling People Management Skills Stock Management Profitability Leadership Skills

Salary related reviews for Spencer's Retail

4.7

Rated by 4 employees for salary & benefits

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

Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Good work life balance. On time salary.

Company culture - Good

+1 more

Dislikes

Inter Department politics. VP - BD thinks he is the owner of the company. Puts undue pressure on other departments to cover own department’s incompetence. Unethical approach towards work resulting in haphazard and rushed decisions. To quote Neerav Sejpal, “let’s get things done, if any thing crops up, let the company face after 10 years, we won’t be there then.”

Salary - Poor

+1 more

Commercial Executive And Sales Coordinator in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 24 Jun 2022

2.0

for Salary and Benefits

Likes

Spencers do not fired any employee during lockdown and it credited salary within specific time,

Job security - Good

Dislikes

There is no motivational work and also here is no career growth untill you do butter oiling. Here is no increment even you do hard work. If you work hardly, but you can't do butter oiling, then you are not able to attract your senior, only the person who do the butter oiling properly, then he/she attract by seniors. Most of the employee give resign for this *NEPOTISM*

Salary - Poor

+2 more

see more salary related reviews

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Top trending discussions

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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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Spencer's Retail Assistant Store Manager Salary FAQs

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

The average salary of a Assistant Store Manager at Spencer's Retail in India typically ranges from ₹3.7 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Assistant Store Manager at Spencer's Retail earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Assistant Store 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 4 Spencer's Retail employees in India.

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

The estimated take-home salary of a Assistant Store Manager at Spencer's Retail in India typically ranges from ₹39,168 to ₹40,345 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 7 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 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 Store Manager at Spencer's Retail ?

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

- Floor Management
- Communication Skills
- Inventory Management
- Store Management
- Retail Store 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 Store Manager in India?

Metro Cash & Carry	₹7.0 Lakhs to ₹10.3 Lakhs per year
Marks & Spencer	₹6.3 Lakhs to ₹8.0 Lakhs per year
Shoppers Stop	₹4.2 Lakhs to ₹7.2 Lakhs per year
Trent	₹4.0 Lakhs to ₹7.9 Lakhs per year
Praxis home Retail	₹5.3 Lakhs to ₹6.8 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 Store Manager in companies similar to Spencer's Retail in India?

The salary of a Assistant Store 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:

Landmark Group	₹3.0 Lakhs to ₹8.6 Lakhs per year
NIKE	₹3.6 Lakhs to ₹7.3 Lakhs per year
Vishal Mega Mart	₹3.6 Lakhs to ₹6.6 Lakhs per year
Reliance Smart	₹3.0 Lakhs to ₹7.0 Lakhs per year
Future Retail	₹2.2 Lakhs to ₹9.5 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 Assistant Store Manager at Spencer's Retail in India?

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

Experience	Average Salary Range
7 years	₹3.7 Lakhs to ₹8.8 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
10 years	₹4.7 Lakhs to ₹6.2 Lakhs per year

and so on.

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Spencer's Retail Assistant Store Manager Salaries

Spencer's Retail Assistant Store Manager salary in India ranges between ₹3.7 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spencer's Retail latest salaries received from various employees of Spencer's Retail.