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

9 - 13 years exp.

₹4.5 Lakhs - ₹7.7 Lakhs

Salary of majority employees

45% more than the average Retail Store Manager Salary in Retail Companies for 9 - 13 years of experience

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Last Updated: 23 Dec 2024

Companies similar to Spencer's Retail for Retail Store Manager in Varanasi

Spencer's Retail Retail Store Manager Salary

9 - 13 years exp. (4 salaries)

₹4.5 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
V-Mart Retail Store Manager Salary 5 - 12 years exp. (7 salaries)	₹3.3 L/yr - ₹5.2 L/yr 29% less
V2 Retail Retail Store Manager Salary 3 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹5.3 L/yr 32% less	1 job opening
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Citykart Retail Retail Store Manager Salary 6 - 12 years exp. (7 salaries)	₹3.8 L/yr - ₹5.4 L/yr 34% less
Tommy Hilfiger Retail Store Manager Salary 7 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹4.8 L/yr 35% less
Reliance Smart Bazaar Retail Store Manager Salary 25 - 27 years exp. (3 salaries)	₹12.8 L/yr - ₹15 L/yr 100% more

Retail Store Manager salary at Spencer's Retail ranges between ₹4.5 Lakhs to ₹7.7 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Retail Store Manager salaries in Varanasi

Last Updated: 23 Dec 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
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11 years (AmbitionBox Estimate)	₹6 L/yr - ₹13 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹13.9 L/yr

Similar Designation salaries in Spencer's Retail

Department Manager Salary

(5 salaries)

₹2.7 L/yr - ₹5.75 L/yr

Salary related reviews for Spencer's Retail

4.0

Rated by 1 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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2w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Spencer's Retail Retail Store Manager Salary FAQs

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

Retail Store Manager salary at Spencer's Retail in Varanasi ranges between ₹4.5 Lakhs to ₹7.7 Lakhs for experience between 9 years to 13 years. According to our estimates it is 45% more than the average Retail Store Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail Varanasi.

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

The average salary of a Retail Store Manager at Spencer's Retail is 45% more than the average salary of a Retail Store Manager in Varanasi. To know exact salary insights, login to view.

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

Reliance Smart Bazaar Retail Store Manager Salary - ₹12.8 Lakhs to ₹15.0 Lakhs per year

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

V-Mart Retail Store Manager Salary - ₹3.3 Lakhs to ₹5.2 Lakhs per year
V2 Retail Retail Store Manager Salary - ₹3.6 Lakhs to ₹5.3 Lakhs per year
Citykart Retail Retail Store Manager Salary - ₹3.8 Lakhs to ₹5.4 Lakhs per year
Tommy Hilfiger Retail Store Manager Salary - ₹4.2 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Retail Store Manager at Spencer's Retail ranges between ₹52,904 per month to ₹54,220 per month in Varanasi. The take-home salary calculation is based on the average Spencer's Retail Retail Store Manager salary in India which ranges between ₹4.5 Lakhs to ₹7.7 Lakhs per year for employees with experience between 9 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Spencer's Retail Retail Store Managers in Varanasi reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Spencer's Retail Retail Store Manager Salaries in Varanasi

Spencer's Retail Retail Store Manager salary in Varanasi ranges between ₹4.5 Lakhs to ₹7.7 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.