Spencer's Retail Gurgaon / Gurugram Manager Salaries by 7 Employees

5 - 13 years exp.

₹8.6 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Manager Salary in Retail Companies for 5 - 13 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.5 L/yr
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Marketing & Communication Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹13.7 L/yr

Last Updated: 18 Oct 2023

Companies similar to Spencer's Retail for Manager in Gurgaon / Gurugram

Spencer's Retail Manager Salary

5 - 13 years exp. (7 salaries)

₹8.6 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Retail Manager Salary 12 - 19 years exp. (8 salaries)	₹10.5 L/yr - ₹18 L/yr 21% more
V-Mart Manager Salary 6 - 12 years exp. (7 salaries)	₹10 L/yr - ₹17 L/yr 1% more
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Marks & Spencer Manager Salary 7 - 14 years exp. (7 salaries)	₹13 L/yr - ₹20 L/yr 52% more
LuLu Group International Manager Salary 7 - 9 years exp. (3 salaries)	₹7.2 L/yr - ₹9.9 L/yr 13% less
Landmark Group Manager Salary 7 - 10 years exp. (3 salaries)	₹12.5 L/yr - ₹19 L/yr 61% more

Manager salary at Spencer's Retail ranges between ₹8.6 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Manager salaries in Gurgaon / Gurugram

Last Updated: 18 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
10 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
13 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in Spencer's Retail

Team Lead Salary

(14 salaries)

₹2.05 L/yr - ₹4 L/yr

Team Member Salary

(6 salaries)

₹1.5 L/yr - ₹1.9 L/yr

Assistant Team Leader Salary

(5 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Category Manager Salary

(4 salaries)

₹12 L/yr - ₹18 L/yr

Senior Category Manager Salary

(3 salaries)

₹16 L/yr - ₹21 L/yr

Cashier Salary

(3 salaries)

₹1.58 L/yr - ₹2.4 L/yr

Top skills at Spencer's Retail for Manager

Buying space selling Merchandising media sales Category Management

Salary related reviews for Spencer's Retail

2.0

Rated by 1 employees for salary & benefits

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

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Spencer's Retail Manager Salary FAQs

What is the salary of Manager at Spencer's Retail in Gurgaon / Gurugram?

The average salary of a Manager at Spencer's Retail in Gurgaon / Gurugram typically ranges from ₹8.6 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Manager in Gurgaon / Gurugram at Spencer's Retail earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. 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 7 Spencer's Retail employees in India.

What is the estimated take home salary of a Manager at Spencer's Retail in Gurgaon / Gurugram?

The estimated take-home salary of a Manager at Spencer's Retail in Gurgaon / Gurugram typically ranges from ₹75,016 to ₹76,958 per month. This is based on the average salary range of ₹8.6 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 5 years to 13 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.

What are the key skills required to be a Manager at Spencer's Retail in Gurgaon / Gurugram?

To be a Manager at Spencer's Retail in Gurgaon / Gurugram, the key skills required include:

- Buying
- space selling
- Merchandising
- media sales
- Category Management

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 Manager in India?

Landmark Group	₹12.5 Lakhs to ₹19.0 Lakhs per year
Marks & Spencer	₹13.0 Lakhs to ₹20.0 Lakhs per year
Future Retail	₹10.5 Lakhs to ₹18.0 Lakhs per year
V-Mart	₹10.0 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 Manager in companies similar to Spencer's Retail in Gurgaon / Gurugram?

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

LuLu Group International

₹7.2 Lakhs to ₹9.9 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 Manager at Spencer's Retail in Gurgaon / Gurugram?

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

Experience	Average Salary Range
5 years	₹8.9 Lakhs to ₹11.3 Lakhs per year
6 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
7 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
8 years	₹9.5 Lakhs to ₹12.1 Lakhs per year

and so on.

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Spencer's Retail Manager Salaries in Gurgaon / Gurugram

Spencer's Retail Manager salary in Gurgaon / Gurugram ranges between ₹8.6 Lakhs to ₹13 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.

Spencer's Retail Manager salaries in Gurgaon / Gurugram

Companies similar to Spencer's Retail for Manager in Gurgaon / Gurugram

Latest annual salaries shared by Spencer's Retail Manager in Gurgaon / Gurugram

Experience wise Spencer's Retail Manager salaries in Gurgaon / Gurugram

Similar Designation salaries in Spencer's Retail

Top skills at Spencer's Retail for Manager

Salary related reviews for Spencer's Retail

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Spencer's Retail Manager Salary FAQs

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