Spencer's Retail IT Manager Salaries by 4 Employees

12 - 15 years exp.

₹8 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

39% less than the average IT Manager Salary in Retail Companies for 12 - 15 years of experience

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Last Updated: 26 Dec 2024

Companies similar to Spencer's Retail for IT Manager

Company name	Avg Annual Salary	Open Jobs
Gap IT Manager Salary 10 - 15 years exp. (11 salaries)	₹23 L/yr - ₹35.5 L/yr 242% more
Titan Company IT Manager Salary 8 - 16 years exp. (10 salaries)	₹12.5 L/yr - ₹17 L/yr 79% more
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Shoppers Stop IT Manager Salary 5 - 14 years exp. (6 salaries)	₹18.4 L/yr - ₹20 L/yr 130% more
Bajaj Electronics IT Manager Salary 5 - 15 years exp. (6 salaries)	₹2.3 L/yr - ₹4.4 L/yr 58% less
Landmark Group IT Manager Salary 6 - 16 years exp. (6 salaries)	₹13.3 L/yr - ₹34 L/yr 159% more
Electronics Mart India IT Manager Salary 6 - 13 years exp. (5 salaries)	₹4.5 L/yr - ₹5 L/yr 44% less
V-Mart IT Manager Salary 11 - 14 years exp. (4 salaries)	₹6.6 L/yr - ₹15.6 L/yr 41% more
Metro Cash & Carry IT Manager Salary 16 - 17 years exp. (3 salaries)	₹12.6 L/yr - ₹16.1 L/yr 63% more
Jawed Habib Hair & Beauty IT Manager Salary 8 - 9 years exp. (3 salaries)	₹6 L/yr - ₹10.2 L/yr 1% less
Marks & Spencer IT Manager Salary 11 - 21 years exp. (3 salaries)	₹16 L/yr - ₹18.5 L/yr 106% more

IT Manager salary at Spencer's Retail ranges between ₹8 Lakhs to ₹10 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail IT Manager salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.5 L/yr
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14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.8 L/yr
15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr

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Software Engineer Salary

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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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Spencer's Retail IT Manager Salary FAQs

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

The average salary of a IT Manager at Spencer's Retail in India typically ranges from ₹8.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of IT Manager at Spencer's Retail earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. IT 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 4 Spencer's Retail employees in India.

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

The estimated take-home salary of a IT Manager at Spencer's Retail in India typically ranges from ₹62,794 to ₹64,390 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 12 years to 15 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 4 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 IT Manager in India?

Gap	₹23.0 Lakhs to ₹35.5 Lakhs per year
Landmark Group	₹13.3 Lakhs to ₹34.0 Lakhs per year
Shoppers Stop	₹18.4 Lakhs to ₹20.0 Lakhs per year
Marks & Spencer	₹16.0 Lakhs to ₹18.5 Lakhs per year
Titan Company	₹12.5 Lakhs to ₹17.0 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 IT Manager in companies similar to Spencer's Retail in India?

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

Metro Cash & Carry	₹12.6 Lakhs to ₹16.1 Lakhs per year
V-Mart	₹6.6 Lakhs to ₹15.6 Lakhs per year
Jawed Habib Hair & Beauty	₹6.0 Lakhs to ₹10.2 Lakhs per year
Electronics Mart India	₹4.5 Lakhs to ₹5.0 Lakhs per year
Bajaj Electronics	₹2.3 Lakhs to ₹4.4 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 IT Manager at Spencer's Retail in India?

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

Experience	Average Salary Range
12 years	₹8.0 Lakhs to ₹8.0 Lakhs per year
13 years	₹8.0 Lakhs to ₹14.5 Lakhs per year
14 years	₹8.4 Lakhs to ₹15.8 Lakhs per year
15 years	₹3.8 Lakhs to ₹10.0 Lakhs per year

and so on.

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Spencer's Retail IT Manager Salaries

Spencer's Retail IT Manager salary in India ranges between ₹8 Lakhs to ₹10 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.