Spencer's Retail Kolkata Chief Manager Salaries by 6 Employees

13 - 25 years exp.

₹16.1 Lakhs - ₹29.5 Lakhs

Salary of majority employees

Fixed (88%)

₹21 Lakhs

Variable (12%)

₹2.8 Lakhs

10% more than the average Chief Manager Salary in Retail Companies for 13 - 25 years of experience

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Last Updated: 24 Jul 2024

Companies similar to Spencer's Retail for Chief Manager in Kolkata

Spencer's Retail Chief Manager Salary

13 - 25 years exp. (6 salaries)

₹16.1 L/yr - ₹29.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Chief Manager Salary 3 - 18 years exp. (128 salaries)	₹5.7 L/yr - ₹17 L/yr 56% less
ICICI Bank Chief Manager Salary 5 - 23 years exp. (77 salaries)	₹10.4 L/yr - ₹35 L/yr 2% less
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Srei Equipment Finance Chief Manager Salary 8 - 21 years exp. (28 salaries)	₹7.5 L/yr - ₹19.7 L/yr 51% less
Kotak Mahindara Life Insurance Chief Manager Salary 4 - 17 years exp. (26 salaries)	₹5 L/yr - ₹12 L/yr 56% less
Reliance Retail Chief Manager Salary 9 - 22 years exp. (23 salaries)	₹10.8 L/yr - ₹34 L/yr 7% more

Chief Manager salary at Spencer's Retail ranges between ₹16.1 Lakhs to ₹29.5 Lakhs per year for employees with experience between 13 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Chief Manager salaries in Kolkata

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹25 L/yr
14 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.4 L/yr
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15+ years (5 salaries)	₹16.1 L/yr - ₹29.5 L/yr

Similar Designation salaries in Spencer's Retail

Operations Manager Salary

(5 salaries)

₹7 L/yr - ₹9.45 L/yr

Cluster Manager Salary

(3 salaries)

₹16 L/yr - ₹33 L/yr

Salary related reviews for Spencer's Retail

5.0

Rated by 2 employees for salary & benefits

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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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Spencer's Retail Chief Manager Salary FAQs

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

The average salary of a Chief Manager at Spencer's Retail in Kolkata typically ranges from ₹16.1 Lakhs to ₹29.5 Lakhs per year, depending on experience (from 13 years to 25 years).

The top 10% of Chief Manager in Kolkata at Spencer's Retail earn more than ₹29.1 Lakhs per year, and the top 1% earn over ₹29.5 Lakhs per year. Chief Manager 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 6 Spencer's Retail employees in India.

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

The estimated take-home salary of a Chief Manager at Spencer's Retail in Kolkata typically ranges from ₹1,52,187 to ₹1,57,932 per month. This is based on the average salary range of ₹16.1 Lakhs to ₹29.5 Lakhs per year for employees with experience ranging from 13 years to 25 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 6 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 in India?

Reliance Retail

₹10.8 Lakhs to ₹34.0 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 in companies similar to Spencer's Retail in Kolkata?

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

ICICI Bank	₹10.4 Lakhs to ₹35.0 Lakhs per year
Srei Equipment Finance	₹7.5 Lakhs to ₹19.7 Lakhs per year
IndusInd Bank	₹5.7 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindara Life Insurance	₹5.0 Lakhs to ₹12.0 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 at Spencer's Retail in Kolkata?

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

Experience	Average Salary Range
13 years	₹9.1 Lakhs to ₹25.0 Lakhs per year
14 years	₹20.7 Lakhs to ₹26.4 Lakhs per year
15 years	₹16.1 Lakhs to ₹29.5 Lakhs per year

and so on.

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Spencer's Retail Chief Manager Salaries in Kolkata

Spencer's Retail Chief Manager salary in Kolkata ranges between ₹16.1 Lakhs to ₹29.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Spencer's Retail latest salaries received from various employees of Spencer's Retail.