Spencer's Retail Promoter Salaries by 4 Employees

1 - 3 years exp.

₹1.4 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Promoter Salary in Retail Companies for 1 - 3 years of experience

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Last Updated: 9 Nov 2024

Companies similar to Spencer's Retail for Promoter

Company name	Avg Annual Salary	Open Jobs
VIP Industries Promoter Salary 3 - 8 years exp. (12 salaries)	₹1.4 L/yr - ₹4 L/yr 17% more
Metro Cash & Carry Promoter Salary 1 - 4 years exp. (5 salaries)	₹1.7 L/yr - ₹3.5 L/yr 45% more
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Vishal Mega Mart Promoter Salary 1 - 11 years exp. (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr 13% more
Reliance Smart Promoter Salary 1 - 4 years exp. (3 salaries)	₹1 L/yr - ₹1.9 L/yr 12% less
Bajaj Electronics Promoter Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹5 L/yr 83% more

Promoter salary at Spencer's Retail ranges between ₹1.4 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Promoter salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr

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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

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

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

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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 Promoter Salary FAQs

What is the salary of Promoter at Spencer's Retail ?

The average salary of a Promoter at Spencer's Retail in India typically ranges from ₹1.4 Lakhs to ₹2.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Promoter at Spencer's Retail earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Promoter 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 Promoter at Spencer's Retail in India?

The estimated take-home salary of a Promoter at Spencer's Retail in India typically ranges from ₹12,485 to ₹13,834 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 Promoter in India?

Bajaj Electronics	₹2.8 Lakhs to ₹5.0 Lakhs per year
Metro Cash & Carry	₹1.7 Lakhs to ₹3.5 Lakhs per year
VIP Industries	₹1.4 Lakhs to ₹4.0 Lakhs per year
Vishal Mega Mart	₹1.7 Lakhs to ₹2.5 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 Promoter in companies similar to Spencer's Retail in India?

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

Reliance Smart

₹1.0 Lakhs to ₹1.9 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 Promoter at Spencer's Retail in India?

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

Experience	Average Salary Range
1 year	₹0.7 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.4 Lakhs to ₹2.0 Lakhs per year
3 years	₹0.7 Lakhs to ₹2.0 Lakhs per year

and so on.

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Spencer's Retail Promoter Salaries

Spencer's Retail Promoter salary in India ranges between ₹1.4 Lakh to ₹2 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.