Spencer's Retail Buyer & Merchandiser Salaries by 4 Employees (Updated 2024)

9 - 13 years exp.

₹8.5 Lakhs - ₹10.9 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Buyer & Merchandiser Salary in Retail Companies for 9 - 13 years of experience

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Salaries in different departments

Sales & Business Development Buyer & Merchandiser Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr
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Procurement & Supply Chain Buyer & Merchandiser Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 18 Jun 2023

Companies similar to Spencer's Retail for Buyer & Merchandiser

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Buyer & Merchandiser Salary 0 - 8 years exp. (5 salaries)	₹6.5 L/yr - ₹10.5 L/yr 25% less
Trent Buyer & Merchandiser Salary 6 - 9 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr 5% less
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V-Mart Buyer & Merchandiser Salary 4 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹11.6 L/yr 16% less
Best Sellers Buyer & Merchandiser Salary 1 - 7 years exp. (34 salaries)	₹5.3 L/yr - ₹13.6 L/yr 5% more
Raymond Lifestyle Limited Buyer & Merchandiser Salary 3 - 13 years exp. (7 salaries)	₹5.5 L/yr - ₹12.7 L/yr 12% less

Buyer & Merchandiser salary at Spencer's Retail ranges between ₹8.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Buyer & Merchandiser salaries

Last Updated: 18 Jun 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹10.9 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.9 L/yr
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11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹10.7 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.2 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹8.5 L/yr

Similar Designation salaries in Spencer's Retail

Visual Merchandising Manager Salary

(4 salaries)

₹7.8 L/yr - ₹14 L/yr

Buying Manager Salary

(4 salaries)

₹2.6 L/yr - ₹11.2 L/yr

Senior Merchandising Manager Salary

(4 salaries)

₹17.1 L/yr - ₹20.78 L/yr

Visual Merchandiser Salary

(4 salaries)

₹0.5 L/yr - ₹7.1 L/yr

Senior Department Manager Salary

(3 salaries)

₹2.2 L/yr - ₹3.2 L/yr

Fashion Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Fashion Assistant Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Fashion Consultant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Garment Technician Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Retail Merchandiser Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 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.

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.

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.

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.

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.”

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,

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*

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.

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Spencer's Retail Buyer & Merchandiser Salary FAQs

What is the salary of Buyer & Merchandiser at Spencer's Retail?

Buyer & Merchandiser salary at Spencer's Retail in India ranges between ₹8.5 Lakhs to ₹10.9 Lakhs for experience between 9 years to 13 years. According to our estimates it is 14% more than the average Buyer & Merchandiser 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 Buyer & Merchandiser at Spencer's Retail India compare with the average salary range for this job?

The average salary of a Buyer & Merchandiser at Spencer's Retail is 14% more than the average salary of a Buyer & Merchandiser in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spencer's Retail to a Buyer & Merchandiser in India?

Best Sellers Buyer & Merchandiser Salary - ₹5.3 Lakhs to ₹13.6 Lakhs per year

What is the salary of a Buyer & Merchandiser in companies similar to Spencer's Retail in India?

Trent Buyer & Merchandiser Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Raymond Lifestyle Limited Buyer & Merchandiser Salary - ₹5.5 Lakhs to ₹12.7 Lakhs per year
V-Mart Buyer & Merchandiser Salary - ₹5.5 Lakhs to ₹11.6 Lakhs per year
Reliance Retail Buyer & Merchandiser Salary - ₹6.5 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Buyer & Merchandiser at Spencer's Retail in India?

The estimated take-home salary of a Buyer & Merchandiser at Spencer's Retail ranges between ₹70,203 per month to ₹72,009 per month in India. The take-home salary calculation is based on the average Spencer's Retail Buyer & Merchandiser salary in India which ranges between ₹8.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 9 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Buyer & Merchandiser at Spencer's Retail?

According to AmbitionBox, 100% of the Spencer's Retail Buyer & Merchandisers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Spencer's Retail Buyer & Merchandiser Salaries

Spencer's Retail Buyer & Merchandiser salary in India ranges between ₹8.5 Lakhs to ₹10.9 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.