Spencer's Retail Retail Manager Salaries by 4 Employees (Updated 2025)

11 - 16 years exp.

₹3 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

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40% less than the average Retail Manager Salary in Retail Companies for 11 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Retail Manager Salary 11 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Retail Manager Salary 13 years exp. (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 1 Mar 2025

Companies similar to Spencer's Retail for Retail Manager

Company name	Avg Annual Salary	Open Jobs
Future Retail Retail Manager Salary 3 - 16 years exp. (13 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 7% more
Aditya Birla Fashion and Retail Retail Manager Salary 4 - 14 years exp. (13 salaries)	Unlock ₹2.4 L/yr - ₹4.1 L/yr 18% more
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Reliance Retail Retail Manager Salary 2 - 12 years exp. (125 salaries)	Unlock ₹1 L/yr - ₹7 L/yr 12% more	2 job openings
Trent Retail Manager Salary 5 - 10 years exp. (9 salaries)	Unlock ₹3.9 L/yr - ₹4.9 L/yr 36% more
V-Mart Retail Manager Salary 2 - 8 years exp. (6 salaries)	Unlock ₹1.5 L/yr - ₹2 L/yr 42% less
Shoppers Stop Retail Manager Salary 4 - 14 years exp. (9 salaries)	Unlock ₹3.9 L/yr - ₹9 L/yr 74% more
Big Bazaar Retail Manager Salary 4 - 19 years exp. (4 salaries)	Unlock ₹1.2 L/yr - ₹4.7 L/yr 29% less
DMart Retail Manager Salary 6 - 19 years exp. (18 salaries)	Unlock ₹2.2 L/yr - ₹8.8 L/yr 92% more
SPAR Hypermarkets Retail Manager Salary 9 - 12 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹6.2 L/yr 61% more
Vishal Mega Mart Retail Manager Salary 4 - 12 years exp. (18 salaries)	Unlock ₹2 L/yr - ₹6.5 L/yr 12% more
Landmark Group Retail Manager Salary 0 - 20 years exp. (15 salaries)	Unlock ₹3.2 L/yr - ₹18 L/yr 195% more
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Titan Company Retail Manager Salary 7 - 14 years exp. (8 salaries)	Unlock ₹5.1 L/yr - ₹10.6 L/yr 137% more
CANTABIL RETAIL INDIA Retail Manager Salary 3 - 15 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹3.9 L/yr 9% less
Metro Cash & Carry Retail Manager Salary 9 - 14 years exp. (5 salaries)	Unlock ₹2.8 L/yr - ₹6 L/yr 33% more
V2 Retail Retail Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹3.3 L/yr 26% less
Emami Frank Ross Retail Manager Salary 8 - 19 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹6.8 L/yr 15% more
VIP Industries Retail Manager Salary 4 - 13 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 49% more
LuLu Group International Retail Manager Salary 7 - 14 years exp. (3 salaries)	Unlock ₹5.8 L/yr - ₹12 L/yr 191% more
Praxis home Retail Retail Manager Salary 12 - 26 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹9 L/yr 87% more
Marks & Spencer Retail Manager Salary 2 - 10 years exp. (3 salaries)	Unlock ₹3.2 L/yr - ₹5 L/yr 15% more

Retail Manager salary at Spencer's Retail ranges between ₹3 Lakhs to ₹3.9 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Retail Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹3.8 L/yr
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13 years (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹3.9 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹6.4 L/yr

Similar Designation salaries in Spencer's Retail

Store Manager Salary

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₹2.2 L/yr - ₹10.47 L/yr

Area Manager Salary

(6 salaries)

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₹8.04 L/yr - ₹19.83 L/yr

Deputy Manager Salary

(3 salaries)

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₹2.1 L/yr - ₹5.1 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr

Sales Manager Salary

(4 salaries)

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₹2 L/yr - ₹7.29 L/yr

Floor Manager Salary

(4 salaries)

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₹1.8 L/yr - ₹4.25 L/yr

Operations Manager Salary

(13 salaries)

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₹5.7 L/yr - ₹11.5 L/yr

Cluster Manager Salary

(5 salaries)

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₹16 L/yr - ₹33 L/yr

Area Sales Manager Salary

(6 salaries)

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₹20 L/yr - ₹40 L/yr

Department Manager Salary

(33 salaries)

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₹2 L/yr - ₹6.4 L/yr

Top skills at Spencer's Retail for Retail Manager

Customer Satisfaction Stores Customer Complaints Sales Training Profitability Store Management Customer Service

Salary related reviews for Spencer's Retail

3.5

Rated by 2 employees for salary & benefits

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

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Spencer's Retail Retail Manager Salary FAQs

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

Retail Manager salary at Spencer's Retail in India ranges between ₹3.0 Lakhs to ₹3.9 Lakhs for experience between 11 years to 16 years. According to our estimates it is 40% less than the average Retail Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail India.

How does the salary of a Retail Manager at Spencer's Retail India compare with the average salary range for this job?

The average salary of a Retail Manager at Spencer's Retail is 40% less than the average salary of a Retail Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Retail Manager at Spencer's Retail?

Customer Satisfaction, Stores, Customer Complaints, Sales Training and Profitability are some of the popular skills required to work as a Retail Manager at Spencer's Retail India.

Which similar companies are paying more than Spencer's Retail to a Retail Manager in India?

Landmark Group Retail Manager Salary - ₹3.2 Lakhs to ₹18.0 Lakhs per year
LuLu Group International Retail Manager Salary - ₹5.8 Lakhs to ₹12.0 Lakhs per year
Titan Company Retail Manager Salary - ₹5.1 Lakhs to ₹10.6 Lakhs per year
DMart Retail Manager Salary - ₹2.2 Lakhs to ₹8.8 Lakhs per year
Praxis home Retail Retail Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Retail Manager in companies similar to Spencer's Retail in India?

Shoppers Stop Retail Manager Salary - ₹3.9 Lakhs to ₹9.0 Lakhs per year
SPAR Hypermarkets Retail Manager Salary - ₹5.0 Lakhs to ₹6.2 Lakhs per year
VIP Industries Retail Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
Trent Retail Manager Salary - ₹3.9 Lakhs to ₹4.9 Lakhs per year
Metro Cash & Carry Retail Manager Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Retail Manager at Spencer's Retail ranges between ₹24,858 per month to ₹26,299 per month in India. The take-home salary calculation is based on the average Spencer's Retail Retail Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.9 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Retail Manager at Spencer's Retail?

According to AmbitionBox, 50% of the Spencer's Retail Retail Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Spencer's Retail Retail Manager Salaries

Spencer's Retail Retail Manager salary in India ranges between ₹3 Lakhs to ₹3.9 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.