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

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)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Retail Manager Salary 13 years exp. (AmbitionBox Estimate)	₹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)	₹1.8 L/yr - ₹6 L/yr 7% more
Aditya Birla Fashion and Retail Retail Manager Salary 4 - 14 years exp. (13 salaries)	₹2.4 L/yr - ₹4.1 L/yr 19% more
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Reliance Retail Retail Manager Salary 2 - 12 years exp. (124 salaries)	₹1.8 L/yr - ₹7 L/yr 15% more	2 job openings
Trent Retail Manager Salary 5 - 10 years exp. (9 salaries)	₹3.9 L/yr - ₹4.9 L/yr 36% more
V-Mart Retail Manager Salary 2 - 8 years exp. (6 salaries)	₹1.5 L/yr - ₹2 L/yr 42% less
Shoppers Stop Retail Manager Salary 4 - 14 years exp. (9 salaries)	₹3.9 L/yr - ₹9 L/yr 74% more
Big Bazaar Retail Manager Salary 4 - 19 years exp. (4 salaries)	₹1.2 L/yr - ₹4.7 L/yr 29% less
DMart Retail Manager Salary 6 - 19 years exp. (18 salaries)	₹2.2 L/yr - ₹8.8 L/yr 92% more
SPAR Hypermarkets Retail Manager Salary 9 - 12 years exp. (3 salaries)	₹5 L/yr - ₹6.2 L/yr 61% more
Vishal Mega Mart Retail Manager Salary 4 - 12 years exp. (18 salaries)	₹2 L/yr - ₹6.5 L/yr 12% more
Landmark Group Retail Manager Salary 0 - 20 years exp. (15 salaries)	₹3.2 L/yr - ₹18 L/yr 195% more
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Titan Company Retail Manager Salary 7 - 14 years exp. (8 salaries)	₹5.1 L/yr - ₹10.6 L/yr 137% more
CANTABIL RETAIL INDIA Retail Manager Salary 3 - 15 years exp. (6 salaries)	₹2.5 L/yr - ₹3.9 L/yr 9% less
Metro Cash & Carry Retail Manager Salary 9 - 14 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 33% more
V2 Retail Retail Manager Salary 4 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹3.3 L/yr 26% less
Emami Frank Ross Retail Manager Salary 8 - 19 years exp. (4 salaries)	₹2.7 L/yr - ₹6.8 L/yr 15% more
VIP Industries Retail Manager Salary 4 - 13 years exp. (4 salaries)	₹2 L/yr - ₹9 L/yr 49% more
LuLu Group International Retail Manager Salary 7 - 14 years exp. (3 salaries)	₹5.8 L/yr - ₹12 L/yr 191% more
Praxis home Retail Retail Manager Salary 12 - 26 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 87% more
Marks & Spencer Retail Manager Salary 2 - 10 years exp. (3 salaries)	₹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)	₹3 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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13 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.4 L/yr

Similar Designation salaries in Spencer's Retail

Store Manager Salary

(93 salaries)

₹2.2 L/yr - ₹10.48 L/yr

Area Manager Salary

(6 salaries)

₹8.04 L/yr - ₹19.83 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7.29 L/yr

Floor Manager Salary

(4 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Operations Manager Salary

(13 salaries)

₹5.7 L/yr - ₹11.5 L/yr

Cluster Manager Salary

(5 salaries)

₹16 L/yr - ₹33 L/yr

Area Sales Manager Salary

(6 salaries)

₹20 L/yr - ₹40 L/yr

Department Manager Salary

(33 salaries)

₹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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Spencer's Retail Retail Manager Salary FAQs

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

The average salary of a Retail Manager at Spencer's Retail in India typically ranges from ₹3.0 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Retail Manager at Spencer's Retail earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Retail 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 Retail Manager at Spencer's Retail in India?

The estimated take-home salary of a Retail Manager at Spencer's Retail in India typically ranges from ₹24,858 to ₹26,299 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 11 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 4 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 Retail Manager at Spencer's Retail ?

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

- Customer Satisfaction
- Stores
- Customer Complaints
- Sales Training
- Profitability

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 Retail Manager in India?

Landmark Group	₹3.2 Lakhs to ₹18.0 Lakhs per year
LuLu Group International	₹5.8 Lakhs to ₹12.0 Lakhs per year
Titan Company	₹5.1 Lakhs to ₹10.6 Lakhs per year
DMart	₹2.2 Lakhs to ₹8.8 Lakhs per year
Praxis home Retail	₹4.5 Lakhs to ₹9.0 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 Retail Manager in companies similar to Spencer's Retail in India?

The salary of a Retail 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:

Shoppers Stop	₹3.9 Lakhs to ₹9.0 Lakhs per year
SPAR Hypermarkets	₹5.0 Lakhs to ₹6.2 Lakhs per year
VIP Industries	₹2.0 Lakhs to ₹9.0 Lakhs per year
Trent	₹3.9 Lakhs to ₹4.9 Lakhs per year
Metro Cash & Carry	₹2.8 Lakhs to ₹6.0 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 Retail Manager at Spencer's Retail in India?

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

Experience	Average Salary Range
11 years	₹3.0 Lakhs to ₹5.8 Lakhs per year
12 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
13 years	₹1.4 Lakhs to ₹3.9 Lakhs per year
14 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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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.