Spencer's Retail Sales Manager Salaries by 4 Employees

6 - 9 years exp.

₹2 Lakhs - ₹7.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (86%)

₹5.9 Lakhs

Variable (14%)

₹1.0 Lakh

At par with the average Sales Manager Salary in Retail Companies for 6 - 9 years of experience

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Last Updated: 21 Nov 2024

Companies similar to Spencer's Retail for Sales Manager

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Titan Company Sales Manager Salary 0 - 14 years exp. (14 salaries)	₹1 L/yr - ₹4.8 L/yr 53% less
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Bajaj Electronics Sales Manager Salary 0 - 20 years exp. (13 salaries)	₹3.3 L/yr - ₹6.5 L/yr 36% less
Landmark Group Sales Manager Salary 5 - 23 years exp. (12 salaries)	₹2.4 L/yr - ₹8 L/yr 21% less
Metro Cash & Carry Sales Manager Salary 4 - 15 years exp. (9 salaries)	₹3.5 L/yr - ₹7.6 L/yr 21% less
Shoppers Stop Sales Manager Salary 0 - 5 years exp. (8 salaries)	₹1.9 L/yr - ₹5.6 L/yr 54% less
Archies Sales Manager Salary 4 - 7 years exp. (7 salaries)	₹1.1 L/yr - ₹7.2 L/yr 50% less
V2 Retail Sales Manager Salary 0 - 4 years exp. (6 salaries)	₹1 L/yr - ₹3.3 L/yr 68% less
Future Retail Sales Manager Salary 3 - 10 years exp. (5 salaries)	₹1.5 L/yr - ₹3.8 L/yr 59% less
Future Lifestyle Fashion Sales Manager Salary 8 - 17 years exp. (5 salaries)	₹10 L/yr - ₹12 L/yr 65% more
CANTABIL RETAIL INDIA Sales Manager Salary 5 - 12 years exp. (5 salaries)	₹2.2 L/yr - ₹4 L/yr 57% less
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Emami Frank Ross Sales Manager Salary 6 - 16 years exp. (5 salaries)	₹1 L/yr - ₹4.1 L/yr 54% less
V-Mart Sales Manager Salary 2 - 8 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 73% less
Reliance Smart Sales Manager Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr 56% less
Electronics Mart India Sales Manager Salary 7 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹3.9 L/yr 46% less
Trent Sales Manager Salary 5 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.6 L/yr 60% less
NIKE Sales Manager Salary 1 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹9.2 L/yr 13% less
Target Sales Manager Salary 0 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.4 L/yr 59% less

Sales Manager salary at Spencer's Retail ranges between ₹2 Lakhs to ₹7.3 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Sales Manager salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 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

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Area Sales Manager Salary

(6 salaries)

₹20 L/yr - ₹40 L/yr

Sales Officer Salary

(6 salaries)

₹1.2 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹16 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12.9 L/yr - ₹16.4 L/yr

Marketing Manager Salary

(4 salaries)

₹6.2 L/yr - ₹7.1 L/yr

Regional Manager Salary

(5 salaries)

₹5.5 L/yr - ₹16.52 L/yr

Top skills at Spencer's Retail for Sales Manager

Sales Management Store Operations Customer Management People Management Floor Management Modern Trade Team Motivation Inventory Management Store Management Front End Retail Sales Profitability Analysis Shrinkage Control Sales Customer Service

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

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

see more salary related reviews

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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 Sales Manager Salary FAQs

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

The average salary of a Sales Manager at Spencer's Retail in India typically ranges from ₹2.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Sales Manager at Spencer's Retail earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹14.3 Lakhs per year. 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 Sales Manager at Spencer's Retail in India?

The estimated take-home salary of a Sales Manager at Spencer's Retail in India typically ranges from ₹53,045 to ₹54,294 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 6 years to 9 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 Sales Manager at Spencer's Retail ?

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

- Sales Management
- Store Operations
- Customer Management
- People Management
- Floor Management

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 Sales Manager in India?

Future Lifestyle Fashion

₹10.0 Lakhs to ₹12.0 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 Sales Manager in companies similar to Spencer's Retail in India?

The salary of a 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:

NIKE	₹2.4 Lakhs to ₹9.2 Lakhs per year
Landmark Group	₹2.4 Lakhs to ₹8.0 Lakhs per year
Metro Cash & Carry	₹3.5 Lakhs to ₹7.6 Lakhs per year
Bajaj Electronics	₹3.3 Lakhs to ₹6.5 Lakhs per year
Electronics Mart India	₹3.6 Lakhs to ₹3.9 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 Sales Manager at Spencer's Retail in India?

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

Experience	Average Salary Range
6 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
7 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
8 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
9 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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Spencer's Retail Sales Manager Salaries

Spencer's Retail Sales Manager salary in India ranges between ₹2 Lakhs to ₹7.3 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.