Spencer's Retail Senior Manager Salaries by 40+ Employees (Updated 2025)

10 - 20 years exp.

₹12 Lakhs - ₹24 Lakhs

Salary of majority employees

Fixed (90%)

₹15.3 Lakhs

Variable (10%)

₹1.6 Lakh

22% less than the average Senior Manager Salary in Retail Companies for 10 - 20 years of experience

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Salaries in different departments

Procurement & Supply Chain Senior Manager Salary 10 - 20 years exp. (12 salaries)	₹14.1 L/yr - ₹24 L/yr
Merchandising, Retail & eCommerce Senior Manager Salary 12 - 14 years exp. (5 salaries)	₹12 L/yr - ₹20.5 L/yr
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Engineering - Software & QA Senior Manager Salary 16 - 20 years exp. (4 salaries)	₹16 L/yr - ₹20 L/yr
Sales & Business Development Senior Manager Salary 12 - 20 years exp. (4 salaries)	₹13 L/yr - ₹20.1 L/yr
Marketing & Communication Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹17.2 L/yr - ₹18.3 L/yr

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Last Updated: 17 Jan 2025

Companies similar to Spencer's Retail for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Future Retail Senior Manager Salary 10 - 23 years exp. (27 salaries)	₹18 L/yr - ₹38 L/yr 59% more
Aditya Birla Fashion and Retail Senior Manager Salary 5 - 14 years exp. (43 salaries)	₹13.6 L/yr - ₹31.8 L/yr 10% more
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Reliance Retail Senior Manager Salary 3 - 22 years exp. (878 salaries)	₹9.1 L/yr - ₹35 L/yr 21% more
Trent Senior Manager Salary 7 - 16 years exp. (16 salaries)	₹20 L/yr - ₹45.7 L/yr 63% more	1 job opening
V-Mart Senior Manager Salary 10 - 19 years exp. (17 salaries)	₹14.7 L/yr - ₹22.6 L/yr 16% more
Shoppers Stop Senior Manager Salary 10 - 19 years exp. (44 salaries)	₹10.7 L/yr - ₹30.1 L/yr 18% more
Big Bazaar Senior Manager Salary 10 - 15 years exp. (4 salaries)	₹16 L/yr - ₹18.8 L/yr 10% more
DMart Senior Manager Salary 13 - 20 years exp. (19 salaries)	₹11.2 L/yr - ₹25 L/yr 5% more
HyperCITY Senior Manager Salary 14 - 16 years exp. (3 salaries)	₹21 L/yr - ₹25 L/yr 34% more
SPAR Hypermarkets Senior Manager Salary 15 - 18 years exp. (5 salaries)	₹15 L/yr - ₹22 L/yr 12% more
Lowe's Senior Manager Salary 12 - 18 years exp. (52 salaries)	₹29 L/yr - ₹55.1 L/yr 183% more
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Target Senior Manager Salary 9 - 19 years exp. (53 salaries)	₹23 L/yr - ₹60 L/yr 134% more	3 job openings
Landmark Group Senior Manager Salary 9 - 18 years exp. (51 salaries)	₹17 L/yr - ₹50 L/yr 86% more	1 job opening
Titan Company Senior Manager Salary 9 - 19 years exp. (32 salaries)	₹17 L/yr - ₹40 L/yr 66% more
Tesco Senior Manager Salary 12 - 21 years exp. (29 salaries)	₹22.4 L/yr - ₹54 L/yr 173% more
Metro Cash & Carry Senior Manager Salary 6 - 16 years exp. (21 salaries)	₹10.8 L/yr - ₹34 L/yr 18% more
VIP Industries Senior Manager Salary 12 - 20 years exp. (10 salaries)	₹17.5 L/yr - ₹27.3 L/yr 41% more
NIKE Senior Manager Salary 9 - 14 years exp. (8 salaries)	₹32 L/yr - ₹70 L/yr 200% more
Vishal Mega Mart Senior Manager Salary 17 - 24 years exp. (6 salaries)	₹10.5 L/yr - ₹26 L/yr 9% less
V2 Retail Senior Manager Salary 14 - 22 years exp. (5 salaries)	₹13.5 L/yr - ₹20.7 L/yr 19% more

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Senior Manager salary at Spencer's Retail ranges between ₹12 Lakhs to ₹24 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 41 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Senior Manager salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹17 L/yr - ₹23 L/yr
11 years (4 salaries)	₹12 L/yr - ₹24 L/yr
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12 years (5 salaries)	₹13 L/yr - ₹19 L/yr
13 years (6 salaries)	₹13 L/yr - ₹20.5 L/yr
14 years (5 salaries)	₹12 L/yr - ₹17 L/yr
15+ years (18 salaries)	₹14.1 L/yr - ₹20.5 L/yr

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Similar Designation salaries in Spencer's Retail

Store Manager Salary

(115 salaries)

₹2.2 L/yr - ₹10 L/yr

Regional Manager Salary

(5 salaries)

₹5.5 L/yr - ₹16.52 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹10 L/yr - ₹12.8 L/yr

Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹7.29 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12.9 L/yr - ₹16.4 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Area Manager Salary

(6 salaries)

₹8.04 L/yr - ₹19.83 L/yr

Marketing Manager Salary

(4 salaries)

₹6.2 L/yr - ₹7.1 L/yr

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹16 L/yr

Salary related reviews for Spencer's Retail

2.7

Rated by 9 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Spencer's Retail Senior Manager Salary FAQs

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

Senior Manager salary at Spencer's Retail in India ranges between ₹12.0 Lakhs to ₹24.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 22% less than the average Senior Manager Salary in India. Salary estimates are based on 41 latest salaries received from various employees of Spencer's Retail India.

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

The average salary of a Senior Manager at Spencer's Retail is 22% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

NIKE Senior Manager Salary - ₹32.0 Lakhs to ₹70.0 Lakhs per year
Lowe's Senior Manager Salary - ₹29.0 Lakhs to ₹55.1 Lakhs per year
Tesco Senior Manager Salary - ₹22.4 Lakhs to ₹54.0 Lakhs per year
Target Senior Manager Salary - ₹23.0 Lakhs to ₹60.0 Lakhs per year
Landmark Group Senior Manager Salary - ₹17.0 Lakhs to ₹50.0 Lakhs per year

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

Marks & Spencer Senior Manager Salary - ₹25.0 Lakhs to ₹30.0 Lakhs per year
Titan Company Senior Manager Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
Trent Senior Manager Salary - ₹20.0 Lakhs to ₹45.7 Lakhs per year
Future Retail Senior Manager Salary - ₹18.0 Lakhs to ₹38.0 Lakhs per year
VIP Industries Senior Manager Salary - ₹17.5 Lakhs to ₹27.3 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Spencer's Retail ranges between ₹1,14,500 per month to ₹1,17,690 per month in India. The take-home salary calculation is based on the average Spencer's Retail Senior Manager salary in India which ranges between ₹12.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Spencer's Retail?

According to AmbitionBox, 67% of the Spencer's Retail Senior Managers reported a notice period of 2 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Spencer's Retail Senior Manager Salaries

Spencer's Retail Senior Manager salary in India ranges between ₹12 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 Spencer's Retail latest salaries received from various employees of Spencer's Retail.