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

7 - 27 years exp.

₹10 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

35% more than the average Business Manager Salary in Retail Companies for 7 - 27 years of experience

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Last Updated: 3 Jan 2025

Companies similar to Spencer's Retail for Business Manager

Company name	Avg Annual Salary	Open Jobs
Future Retail Business Manager Salary 12 - 18 years exp. (7 salaries)	₹10 L/yr - ₹24.6 L/yr 23% more
Aditya Birla Fashion and Retail Business Manager Salary 0 - 12 years exp. (16 salaries)	₹12 L/yr - ₹20 L/yr 13% more
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Reliance Retail Business Manager Salary 8 - 16 years exp. (32 salaries)	₹5.7 L/yr - ₹15.7 L/yr 41% less
Shoppers Stop Business Manager Salary 11 - 16 years exp. (3 salaries)	₹10 L/yr - ₹25.1 L/yr 18% more
SPAR Hypermarkets Business Manager Salary 18 - 23 years exp. (4 salaries)	₹25 L/yr - ₹28 L/yr 82% more
Future Lifestyle Fashion Business Manager Salary 6 - 15 years exp. (39 salaries)	₹3.8 L/yr - ₹12.7 L/yr 51% less
Landmark Group Business Manager Salary 10 - 18 years exp. (35 salaries)	₹10.5 L/yr - ₹31.5 L/yr 17% more
Titan Company Business Manager Salary 3 - 16 years exp. (22 salaries)	₹12.8 L/yr - ₹29 L/yr 40% more	1 job opening
Vishal Mega Mart Business Manager Salary 12 - 31 years exp. (3 salaries)	₹6 L/yr - ₹9.3 L/yr 50% less

Business Manager salary at Spencer's Retail ranges between ₹10 Lakhs to ₹16 Lakhs per year for employees with experience between 7 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Business Manager salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
15+ years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Similar Designation salaries in Spencer's Retail

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7.29 L/yr

Regional Manager Salary

(5 salaries)

₹5.5 L/yr - ₹16.52 L/yr

Store Manager Salary

(115 salaries)

₹2.2 L/yr - ₹10 L/yr

Area Manager Salary

(6 salaries)

₹8.04 L/yr - ₹19.83 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Area Sales Manager Salary

(5 salaries)

₹20 L/yr - ₹40 L/yr

Marketing Manager Salary

(4 salaries)

₹6.2 L/yr - ₹7.1 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12.9 L/yr - ₹16.4 L/yr

Top skills at Spencer's Retail for Business Manager

Stock Management Store Operations People Management Inventory Management Vendor Management Profitability Attrition Control PNL Retail Operations SOP Store Management Standard Operating Procedures

Salary related reviews for Spencer's Retail

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

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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Spencer's Retail Business Manager Salary FAQs

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

Business Manager salary at Spencer's Retail in India ranges between ₹10.0 Lakhs to ₹16.0 Lakhs for experience between 7 years to 27 years. According to our estimates it is 35% more than the average Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail India.

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

The average salary of a Business Manager at Spencer's Retail is 35% more than the average salary of a Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at Spencer's Retail?

Stock Management, Store Operations, People Management, Inventory Management and Vendor Management are some of the popular skills required to work as a Business Manager at Spencer's Retail India.

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

SPAR Hypermarkets Business Manager Salary - ₹25.0 Lakhs to ₹28.0 Lakhs per year
Titan Company Business Manager Salary - ₹12.8 Lakhs to ₹29.0 Lakhs per year
Future Retail Business Manager Salary - ₹10.0 Lakhs to ₹24.6 Lakhs per year
Shoppers Stop Business Manager Salary - ₹10.0 Lakhs to ₹25.1 Lakhs per year
Landmark Group Business Manager Salary - ₹10.5 Lakhs to ₹31.5 Lakhs per year

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

Aditya Birla Fashion and Retail Business Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Reliance Retail Business Manager Salary - ₹5.7 Lakhs to ₹15.7 Lakhs per year
Vishal Mega Mart Business Manager Salary - ₹6.0 Lakhs to ₹9.3 Lakhs per year
Future Lifestyle Fashion Business Manager Salary - ₹3.8 Lakhs to ₹12.7 Lakhs per year

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

The estimated take-home salary of a Business Manager at Spencer's Retail ranges between ₹1,03,535 per month to ₹1,06,371 per month in India. The take-home salary calculation is based on the average Spencer's Retail Business Manager salary in India which ranges between ₹10.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 7 years to 27 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Spencer's Retail Business Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Spencer's Retail Business Manager Salaries

Spencer's Retail Business Manager salary in India ranges between ₹10 Lakhs to ₹16 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.