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Spencer's Retail Retail Sales Manager salaries in India

Annual salary range
2 - 14 years exp.
₹1.4 Lakh - ₹32.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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74% more than the average Retail Sales Manager Salary in Retail Companies for 2 - 14 years of experience

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Last Updated: 21 Dec 2023

Companies similar to Spencer's Retail for Retail Sales Manager

Company name Avg Annual Salary Open Jobs
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Trent Retail Sales Manager Salary

3 - 7 years exp. (6 salaries)

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₹1 L/yr - ₹3 L/yr

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Vishal Mega Mart Retail Sales Manager Salary

1 - 5 years exp. (5 salaries)

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₹1 L/yr - ₹5.5 L/yr

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Titan Company Retail Sales Manager Salary

2 - 9 years exp. (4 salaries)

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₹2 L/yr - ₹8 L/yr

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V2 Retail Retail Sales Manager Salary

5 - 8 years exp. (4 salaries)

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₹1.8 L/yr - ₹2 L/yr

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V-Mart Retail Sales Manager Salary

2 - 10 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

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Reliance Smart Retail Sales Manager Salary

2 - 5 years exp. (4 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 82% less
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Shoppers Stop Retail Sales Manager Salary

2 - 10 years exp. (3 salaries)

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₹2.2 L/yr - ₹6.7 L/yr

arrow icon 62% less
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Landmark Group Retail Sales Manager Salary

7 - 10 years exp. (3 salaries)

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₹6.1 L/yr - ₹12 L/yr

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Retail Sales Manager salary at Spencer's Retail ranges between ₹1.4 Lakh to ₹32.7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Latest annual salaries shared by Spencer's Retail Retail Sales Manager

1y ago
₹32.7 Lakhs
2 years exp.
1y ago
₹9.2 Lakhs
13 years exp.
1y ago
₹1.4 Lakh
5 years exp.

Experience wise Spencer's Retail Retail Sales Manager salaries

Last Updated: 21 Dec 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹29.4 L/yr - ₹37.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.6 L/yr
13 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr

Similar Designation salaries in Spencer's Retail

Retail Sales Officer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹20 L/yr - ₹40 L/yr
Sales Manager Salary
(4 salaries)
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₹2 L/yr - ₹7.29 L/yr
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₹0.9 L/yr - ₹2.15 L/yr
Store Manager Salary
(93 salaries)
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₹2.2 L/yr - ₹10.48 L/yr
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₹2 L/yr - ₹6.4 L/yr
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₹3.7 L/yr - ₹6.2 L/yr
Deputy Manager Salary
(3 salaries)
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₹2.1 L/yr - ₹5.1 L/yr
Sales Officer Salary
(6 salaries)
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₹1.2 L/yr - ₹3.8 L/yr
Salesman Salary
(9 salaries)
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₹0.9 L/yr - ₹1.65 L/yr

Salary related reviews for Spencer's Retail

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

Overall ok

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is politics going on at Spencer right now that is detrimental to the company.

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

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.”

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Spencer's Retail Retail Sales Manager Salary FAQs

What is the salary of Retail Sales Manager at Spencer's Retail ?
The average salary of a Retail Sales Manager at Spencer's Retail in India typically ranges from ₹1.4 Lakhs to ₹32.7 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Retail Sales Manager at Spencer's Retail earn more than ₹32.7 Lakhs per year, and the top 1% earn over ₹32.7 Lakhs per year. Retail Sales 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 Sales Manager at Spencer's Retail in India?
The estimated take-home salary of a Retail Sales Manager at Spencer's Retail in India typically ranges from ₹94,391 to ₹96,932 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹32.7 Lakhs per year for employees with experience ranging from 2 years to 14 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 is the salary of a Retail Sales Manager in companies similar to Spencer's Retail in India?
The salary of a Retail Sales 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:

Landmark Group ₹6.1 Lakhs to ₹12.0 Lakhs per year
Shoppers Stop ₹2.2 Lakhs to ₹6.7 Lakhs per year
Titan Company ₹2.0 Lakhs to ₹8.0 Lakhs per year
Vishal Mega Mart ₹1.0 Lakhs to ₹5.5 Lakhs per year
Reliance Smart ₹1.5 Lakhs to ₹5.0 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 Sales Manager at Spencer's Retail in India?
The salary growth for a Retail Sales Manager at Spencer's Retail depends on factors such as experience, performance, and promotions. On average, a Retail Sales Manager can expect the following growth trajectory at Spencer's Retail:

Experience Average Salary Range
2 years ₹29.4 Lakhs to ₹37.5 Lakhs per year
5 years ₹1.3 Lakhs to ₹1.6 Lakhs per year
13 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
14 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
and so on.

Tell us how to improve this page.

Spencer's Retail Retail Sales Manager salary in India ranges between ₹1.4 Lakh to ₹32.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Spencer's Retail latest salaries received from various employees of Spencer's Retail.