Spencer's Retail Loss Prevention Officer Salaries by 6 Employees (Updated 2025)

3 - 16 years exp.

₹3.1 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Loss Prevention Officer Salary in Retail Companies for 3 - 16 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Loss Prevention Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.3 L/yr
Customer Success, Service & Operations Loss Prevention Officer Salary 16 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.2 L/yr
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Finance & Accounting Loss Prevention Officer Salary 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.2 L/yr

Last Updated: 24 Jan 2025

Companies similar to Spencer's Retail for Loss Prevention Officer

Company name	Avg Annual Salary	Open Jobs
Future Retail Loss Prevention Officer Salary 1 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 38% less
V2 Retail Loss Prevention Officer Salary 0 - 2 years exp. (4 salaries)	₹1.7 L/yr - ₹2.5 L/yr 55% less
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Vishal Mega Mart Loss Prevention Officer Salary 11 - 12 years exp. (3 salaries)	₹5 L/yr - ₹8.3 L/yr 68% more
Reliance Retail Loss Prevention Officer Salary 0 - 11 years exp. (59 salaries)	₹2.3 L/yr - ₹7 L/yr 20% more
Inorbit Mall Loss Prevention Officer Salary 3 - 10 years exp. (17 salaries)	₹3.1 L/yr - ₹5 L/yr 1% less

Loss Prevention Officer salary at Spencer's Retail ranges between ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Loss Prevention Officer salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
13 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
15+ years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.7 L/yr

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Top skills at Spencer's Retail for Loss Prevention Officer

Loss Prevention

Salary related reviews for Spencer's Retail

2.3

Rated by 7 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

Acting Team Leader

Merchandising, Retail & eCommerce Department

3.0

• posted on 02 Aug 2019

3.0

for Salary and Benefits

Likes

Friendly place to work more like family Trainings, innovation and creativity can be found at work place But growth is too slow Payment is satisfactory My overall experience was average

Job security - Good

+1 more

Dislikes

Work pressure is high sometimes and carrier growth is too slow Salary was paid less

Promotions - Poor

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a manager - business analyst

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 Loss Prevention Officer Salary FAQs

What is the salary of Loss Prevention Officer at Spencer's Retail ?

The average salary of a Loss Prevention Officer at Spencer's Retail in India typically ranges from ₹3.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Loss Prevention Officer at Spencer's Retail earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Loss Prevention Officer 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 Loss Prevention Officer at Spencer's Retail in India?

The estimated take-home salary of a Loss Prevention Officer at Spencer's Retail in India typically ranges from ₹30,107 to ₹31,420 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 16 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.

What are the key skills required to be a Loss Prevention Officer at Spencer's Retail ?

Loss Prevention is a popular skill required to work as a Loss Prevention Officer at Spencer's Retail.

Which companies offer higher salaries than Spencer's Retail for Loss Prevention Officer in India?

Vishal Mega Mart	₹5.0 Lakhs to ₹8.3 Lakhs per year
Reliance Retail	₹2.3 Lakhs to ₹7.0 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 Loss Prevention Officer in companies similar to Spencer's Retail in India?

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

Inorbit Mall	₹3.1 Lakhs to ₹5.0 Lakhs per year
Future Retail	₹2.1 Lakhs to ₹3.0 Lakhs per year
V2 Retail	₹1.7 Lakhs to ₹2.5 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 Loss Prevention Officer at Spencer's Retail in India?

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

Experience	Average Salary Range
3 years	₹3.1 Lakhs to ₹7.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹3.2 Lakhs to ₹7.2 Lakhs per year

and so on.

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Spencer's Retail Loss Prevention Officer Salaries

Spencer's Retail Loss Prevention Officer salary in India ranges between ₹3.1 Lakhs to ₹4.5 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.