Spencer's Retail Visakhapatnam Department Manager Salaries by 5 Employees

3 - 12 years exp.

₹4.9 Lakhs - ₹6.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Department Manager Salary in Retail Companies for 3 - 12 years of experience

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Salaries in different departments

Sales & Business Development Department Manager Salary 3 - 12 years exp. (3 salaries)	₹5.5 L/yr - ₹6.1 L/yr
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Merchandising, Retail & eCommerce Department Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹6.2 L/yr

Last Updated: 30 Dec 2024

Companies similar to Spencer's Retail for Department Manager in Visakhapatnam

Spencer's Retail Department Manager Salary

3 - 12 years exp. (5 salaries)

₹4.9 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Metro Cash & Carry Department Manager Salary 8 - 13 years exp. (5 salaries)	₹7 L/yr - ₹9.3 L/yr 49% more
Landmark Group Department Manager Salary 6 - 10 years exp. (3 salaries)	₹3.4 L/yr - ₹4.9 L/yr 26% less
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DMart Department Manager Salary 0 - 8 years exp. (33 salaries)	₹2.8 L/yr - ₹6 L/yr 9% less	5 job openings
Arvind Lifestyle Brands Department Manager Salary 6 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.3 L/yr 27% less
Coromandel International Department Manager Salary 14 - 15 years exp. (3 salaries)	₹18 L/yr - ₹25 L/yr 329% more

Department Manager salary at Spencer's Retail ranges between ₹4.9 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Department Manager salaries in Visakhapatnam

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr

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From

Department Manager

0 - 12 years exp.

Store Manager

8 - 17 years exp.

From

Department Manager

0 - 12 years exp.

Retail and Store Manager

14 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Spencer's Retail

Store Manager Salary

(10 salaries)

₹2.5 L/yr - ₹10.35 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.25 L/yr

Top skills at Spencer's Retail for Department Manager

Shrinkage Control Target Achievement Inventory Management upselling Retail Operations Revenue Generation Revenue Generation Store Operations Floor Management Customer Retention Store Management Retail Store Operations Inventory Control Retail Sales Sales Initiatives

Salary related reviews for Spencer's Retail

Department Manager in Kolkata

Merchandising, Retail & eCommerce Department

5.0

• posted on 19 Apr 2018

5.0

for Salary and Benefits

Likes

...learn lots of things from this company and hence I am working here last 11years. There is no delay in salary every time got on time. Actually I love to work at Spencer's, hence I am working since 11yrs

Salary - Excellent

+6 more

Dislikes

Overall ok

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.

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Spencer's Retail Department Manager Salary FAQs

What is the salary of Department Manager at Spencer's Retail in Visakhapatnam?

The average salary of a Department Manager at Spencer's Retail in Visakhapatnam typically ranges from ₹4.9 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Department Manager in Visakhapatnam at Spencer's Retail earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Department 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 5 Spencer's Retail employees in India.

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

The estimated take-home salary of a Department Manager at Spencer's Retail in Visakhapatnam typically ranges from ₹39,847 to ₹41,015 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 3 years to 12 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 5 salaries received from various employees of Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Department Manager at Spencer's Retail in Visakhapatnam?

To be a Department Manager at Spencer's Retail in Visakhapatnam, the key skills required include:

- Shrinkage Control
- Target Achievement
- Inventory Management
- upselling
- Retail Operations

These skills are highly valued at Spencer's Retail and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Spencer's Retail for Department Manager in India?

Coromandel International	₹18.0 Lakhs to ₹25.0 Lakhs per year
Metro Cash & Carry	₹7.0 Lakhs to ₹9.3 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 Department Manager in companies similar to Spencer's Retail in Visakhapatnam?

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

DMart	₹2.8 Lakhs to ₹6.0 Lakhs per year
Landmark Group	₹3.4 Lakhs to ₹4.9 Lakhs per year
Arvind Lifestyle Brands	₹3.0 Lakhs to ₹4.3 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 Department Manager at Spencer's Retail in Visakhapatnam?

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

Experience	Average Salary Range
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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Spencer's Retail Department Manager Salaries in Visakhapatnam

Spencer's Retail Department Manager salary in Visakhapatnam ranges between ₹4.9 Lakhs to ₹6.2 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.