Spencer's Retail Visakhapatnam Senior Executive Salaries by 3 Employees

8 - 10 years exp.

₹4.4 Lakhs - ₹5.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% less than the average Senior Executive Salary in Retail Companies for 8 - 10 years of experience

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Salaries in different departments

Sales & Business Development Senior Executive Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.3 L/yr
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Quality Assurance Senior Executive Salary 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Last Updated: 25 Sep 2024

Companies similar to Spencer's Retail for Senior Executive in Visakhapatnam

Spencer's Retail Senior Executive Salary

8 - 10 years exp. (3 salaries)

₹4.4 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Aurobindo Pharma Senior Executive Salary 5 - 16 years exp. (288 salaries)	₹4.1 L/yr - ₹12 L/yr 69% more	2 job openings
Biocon Limited Senior Executive Salary 3 - 13 years exp. (190 salaries)	₹3.6 L/yr - ₹10.5 L/yr 44% more
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Vasudha Pharma Chem Senior Executive Salary 6 - 13 years exp. (147 salaries)	₹3.2 L/yr - ₹7 L/yr 16% more
Hetero Senior Executive Salary 6 - 13 years exp. (120 salaries)	₹3.4 L/yr - ₹9.2 L/yr 38% more	3 job openings
Concentrix Corporation Senior Executive Salary 0 - 8 years exp. (114 salaries)	₹1.2 L/yr - ₹4.8 L/yr 41% less

Senior Executive salary at Spencer's Retail ranges between ₹4.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Senior Executive salaries in Visakhapatnam

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Spencer's Retail

Store Manager Salary

(10 salaries)

₹2.5 L/yr - ₹10.35 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.25 L/yr

Sales Executive Salary

(4 salaries)

₹1.32 L/yr - ₹2.58 L/yr

Top skills at Spencer's Retail for Senior Executive

Category Management Merchandising Buyer Activities Sugar Retail Planning

Salary related reviews for Spencer's Retail

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

Assistant Manager in Kolkata

Full Time

Other Department

3.0

• posted on 10 Apr 2022

4.0

for Salary and Benefits

Likes

It's one of the company which is belong to best group in west bengal i.e RPSG group and job security and compensation benefits is petty better then others.

Salary - Good

+3 more

Dislikes

Spencer's management should be look after the work life balance.

Work-life balance - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Spencer's Retail Senior Executive Salary FAQs

How the salary growth look like for a Senior Executive at Spencer's Retail in Visakhapatnam?

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

Experience	Average Salary Range
8 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
10 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Spencer's Retail Senior Executive Salaries in Visakhapatnam

Spencer's Retail Senior Executive salary in Visakhapatnam ranges between ₹4.4 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Spencer's Retail latest salaries received from various employees of Spencer's Retail.