Spencer's Retail Chief Manager Operations Salaries by 7 Employees

14 - 21 years exp.

₹17.5 Lakhs - ₹24.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹18.3 Lakhs

Variable (9%)

₹1.8 Lakh

14% more than the average Chief Manager Operations Salary in Retail Companies for 14 - 21 years of experience

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Salaries in different departments

Sales & Business Development Chief Manager Operations Salary 18 - 21 years exp. (3 salaries)	₹21.1 L/yr - ₹24.3 L/yr
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Merchandising, Retail & eCommerce Chief Manager Operations Salary 14 - 20 years exp. (3 salaries)	₹17.5 L/yr - ₹18.4 L/yr

Last Updated: 25 Jul 2024

Companies similar to Spencer's Retail for Chief Manager Operations

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Chief Manager Operations Salary 9 - 17 years exp. (48 salaries)	₹5.1 L/yr - ₹12.3 L/yr 59% less
ICICI Bank Chief Manager Operations Salary 14 - 23 years exp. (30 salaries)	₹16 L/yr - ₹36 L/yr 21% more
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Kotak Mahindra Bank Chief Manager Operations Salary 7 - 17 years exp. (20 salaries)	₹7.5 L/yr - ₹17 L/yr 36% less
Axis Max Life Insurance Chief Manager Operations Salary 15 - 21 years exp. (17 salaries)	₹11 L/yr - ₹20.4 L/yr 25% less
Reliance Retail Chief Manager Operations Salary 9 - 16 years exp. (12 salaries)	₹14 L/yr - ₹25 L/yr 7% less

Chief Manager Operations salary at Spencer's Retail ranges between ₹17.5 Lakhs to ₹24.3 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 7 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Chief Manager Operations salaries

Last Updated: 25 Jul 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹35.4 L/yr
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15+ years (6 salaries)	₹17.5 L/yr - ₹24.3 L/yr

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Salary related reviews for Spencer's Retail

4.0

Rated by 2 employees for salary & benefits

Loss Prevention Officer in Gorakhpur

Sales & Business Development Department

5.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Customer Service Executive in Kolkata

Other Department

5.0

• posted on 24 Dec 2018

5.0

for Salary and Benefits

Likes

Very sensitive about employee,i have ever seen. Very good learning place during working period. Very good and friendly atmosphere for work.

Salary - Excellent

+4 more

Dislikes

Very low salary increasion for employees. Will get success after very hard working. Very poor appraisal process.also could not get satisfactory salary after reviewing a whole financial year of your carrier.

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

Head Cashier in Gurgaon / Gurugram

Other Department

5.0

• posted on 20 May 2021

3.0

for Salary and Benefits

Likes

That's time i worked in this company, overall was good except, pay scale and growth opportunity. but now overall has been changed and no job security no growth chances because of falls in our india economic.

Work satisfaction - Excellent

+2 more

Dislikes

Job security - Poor
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.

see more salary related reviews

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Spencer's Retail Chief Manager Operations Salary FAQs

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

The average salary of a Chief Manager Operations at Spencer's Retail in India typically ranges from ₹17.5 Lakhs to ₹24.3 Lakhs per year, depending on experience (from 14 years to 21 years).

The top 10% of Chief Manager Operations at Spencer's Retail earn more than ₹23.9 Lakhs per year, and the top 1% earn over ₹24.3 Lakhs per year. Chief Manager Operations 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 7 Spencer's Retail employees in India.

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

The estimated take-home salary of a Chief Manager Operations at Spencer's Retail in India typically ranges from ₹1,32,054 to ₹1,36,888 per month. This is based on the average salary range of ₹17.5 Lakhs to ₹24.3 Lakhs per year for employees with experience ranging from 14 years to 21 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 7 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 Chief Manager Operations in India?

ICICI Bank

₹16.0 Lakhs to ₹36.0 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 Chief Manager Operations in companies similar to Spencer's Retail in India?

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

Reliance Retail	₹14.0 Lakhs to ₹25.0 Lakhs per year
Axis Max Life Insurance	₹11.0 Lakhs to ₹20.4 Lakhs per year
Kotak Mahindra Bank	₹7.5 Lakhs to ₹17.0 Lakhs per year
IndusInd Bank	₹5.1 Lakhs to ₹12.3 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 Chief Manager Operations at Spencer's Retail in India?

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

Experience	Average Salary Range
14 years	₹18.0 Lakhs to ₹35.4 Lakhs per year
15 years	₹17.5 Lakhs to ₹24.3 Lakhs per year

and so on.

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Spencer's Retail Chief Manager Operations Salaries

Spencer's Retail Chief Manager Operations salary in India ranges between ₹17.5 Lakhs to ₹24.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Spencer's Retail latest salaries received from various employees of Spencer's Retail.