Spencer's Retail Business Head Salaries by 5 Employees (Updated 2025)

21 - 23 years exp.

₹43 Lakhs - ₹65 Lakhs

Low Confidence

Salary of majority employees

71% more than the average Business Head Salary in Retail Companies for 21 - 23 years of experience

Interested in this particular role?

Last Updated: 11 Feb 2025

Companies similar to Spencer's Retail for Business Head

Company name	Avg Annual Salary	Open Jobs
Vishal Mega Mart Business Head Salary 13 - 20 years exp. (6 salaries)	₹33 L/yr - ₹65 L/yr 17% less
Landmark Group Business Head Salary 16 - 20 years exp. (6 salaries)	₹51 L/yr - ₹65 L/yr At par
Login to view exact salary
Shoppers Stop Business Head Salary 17 - 19 years exp. (5 salaries)	₹48 L/yr - ₹60 L/yr 1% more
Bajaj Electronics Business Head Salary 14 - 16 years exp. (4 salaries)	₹21.6 L/yr - ₹27.6 L/yr 57% less
Future Retail Business Head Salary 16 - 20 years exp. (3 salaries)	₹25 L/yr - ₹55 L/yr 31% less
Titan Company Business Head Salary 7 - 17 years exp. (3 salaries)	₹18 L/yr - ₹37 L/yr 49% less
Archies Business Head Salary 14 - 17 years exp. (3 salaries)	₹7.2 L/yr - ₹9.2 L/yr 86% less
Electronics Mart India Business Head Salary 10 - 25 years exp. (3 salaries)	₹30 L/yr - ₹36 L/yr 42% less

Business Head salary at Spencer's Retail ranges between ₹43 Lakhs to ₹65 Lakhs per year for employees with experience between 21 years to 23 years. Salary estimates are based on 5 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Business Head salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹43 L/yr - ₹65 L/yr
Login to view exact salary

Similar Designation salaries in Spencer's Retail

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹16 L/yr

Regional Business Head Salary

(AmbitionBox Estimate)

₹28.8 L/yr - ₹36.8 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Operations Manager Salary

(13 salaries)

₹5.7 L/yr - ₹11.5 L/yr

Senior Vice President Salary

(AmbitionBox Estimate)

₹95.9 L/yr - ₹106.1 L/yr

Deputy General Manager Salary

(14 salaries)

₹21.5 L/yr - ₹39.5 L/yr

Business Development Manager Salary

(3 salaries)

₹10 L/yr - ₹12.3 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹48 L/yr - ₹53 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for Spencer's Retail

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Spencer's Retail?

Ask anonymously on communities.

Spencer's Retail Business Head Salary FAQs

What is the salary of Business Head at Spencer's Retail ?

The average salary of a Business Head at Spencer's Retail in India typically ranges from ₹43.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 21 years to 23 years).

The top 10% of Business Head at Spencer's Retail earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Business Head 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 5 Spencer's Retail employees in India.

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

The estimated take-home salary of a Business Head at Spencer's Retail in India typically ranges from ₹3,10,238 to ₹3,22,343 per month. This is based on the average salary range of ₹43.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 21 years to 23 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 Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spencer's Retail for Business Head in India?

Shoppers Stop	₹48.0 Lakhs to ₹60.0 Lakhs per year
Landmark Group	₹51.0 Lakhs to ₹65.0 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 Business Head in companies similar to Spencer's Retail in India?

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

Vishal Mega Mart	₹33.0 Lakhs to ₹65.0 Lakhs per year
Future Retail	₹25.0 Lakhs to ₹55.0 Lakhs per year
Electronics Mart India	₹30.0 Lakhs to ₹36.0 Lakhs per year
Titan Company	₹18.0 Lakhs to ₹37.0 Lakhs per year
Bajaj Electronics	₹21.6 Lakhs to ₹27.6 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 Business Head at Spencer's Retail in India?

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

Experience	Average Salary Range
15 years	₹43.0 Lakhs to ₹65.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Spencer's Retail Salaries >
Spencer's Retail Business Head Salaries

Spencer's Retail Business Head salary in India ranges between ₹43 Lakhs to ₹65 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Spencer's Retail latest salaries received from various employees of Spencer's Retail.