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

72% more than the average Business Head Salary in Retail Companies for 21 - 23 years of experience

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Last Updated: 11 Feb 2025

Companies similar to Spencer's Retail for Business Head

Company name	Avg Annual Salary	Open Jobs
Future Retail Business Head Salary 16 - 20 years exp. (3 salaries)	₹25 L/yr - ₹55 L/yr 31% less
Reliance Retail Business Head Salary 10 - 25 years exp. (26 salaries)	₹39 L/yr - ₹1 Cr/yr 20% more
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Shoppers Stop Business Head Salary 17 - 19 years exp. (5 salaries)	₹48 L/yr - ₹60 L/yr 1% more
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
Bajaj Electronics Business Head Salary 14 - 16 years exp. (4 salaries)	₹21.6 L/yr - ₹27.6 L/yr 57% 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
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Similar Designation salaries in Spencer's Retail

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General Manager Salary

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₹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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Spencer's Retail Business Head Salary FAQs

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

Business Head salary at Spencer's Retail in India ranges between ₹43.0 Lakhs to ₹65.0 Lakhs for experience between 21 years to 23 years. According to our estimates it is 72% more than the average Business Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Spencer's Retail India.

How does the salary of a Business Head at Spencer's Retail India compare with the average salary range for this job?

The average salary of a Business Head at Spencer's Retail is 72% more than the average salary of a Business Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spencer's Retail to a Business Head in India?

Reliance Retail Business Head Salary - ₹39.0 Lakhs to ₹101.0 Lakhs per year
Shoppers Stop Business Head Salary - ₹48.0 Lakhs to ₹60.0 Lakhs per year
Landmark Group Business Head Salary - ₹51.0 Lakhs to ₹65.0 Lakhs per year

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

Vishal Mega Mart Business Head Salary - ₹33.0 Lakhs to ₹65.0 Lakhs per year
Future Retail Business Head Salary - ₹25.0 Lakhs to ₹55.0 Lakhs per year
Electronics Mart India Business Head Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
Titan Company Business Head Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
Bajaj Electronics Business Head Salary - ₹21.6 Lakhs to ₹27.6 Lakhs per year

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 ranges between ₹3,10,238 per month to ₹3,22,343 per month in India. The take-home salary calculation is based on the average Spencer's Retail Business Head salary in India which ranges between ₹43.0 Lakhs to ₹65.0 Lakhs per year for employees with experience between 21 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Business Head at Spencer's Retail?

According to AmbitionBox, 100% of the Spencer's Retail Business Heads reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.