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)	₹9.5 L/yr - ₹33.3 L/yr 13% more
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Reliance Retail Senior Manager Salary 5 - 22 years exp. (828 salaries)	₹8.2 L/yr - ₹35 L/yr 18% more
Trent Senior Manager Salary 7 - 16 years exp. (18 salaries)	₹20 L/yr - ₹45.1 L/yr 57% more
V-Mart Senior Manager Salary 10 - 19 years exp. (17 salaries)	₹14.7 L/yr - ₹22.6 L/yr 7% more
Shoppers Stop Senior Manager Salary 10 - 17 years exp. (35 salaries)	₹11 L/yr - ₹30 L/yr 19% 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 8 - 20 years exp. (21 salaries)	₹8.2 L/yr - ₹25 L/yr 1% less
HyperCITY Senior Manager Salary 14 - 16 years exp. (3 salaries)	₹21 L/yr - ₹25 L/yr 34% more
SPAR Hypermarkets Senior Manager Salary 13 - 18 years exp. (6 salaries)	₹15 L/yr - ₹22 L/yr 9% more
Target Senior Manager Salary 9 - 18 years exp. (52 salaries)	₹23 L/yr - ₹55 L/yr 149% more	2 job openings
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Lowe's Senior Manager Salary 12 - 18 years exp. (52 salaries)	₹29 L/yr - ₹60 L/yr 187% more	2 job openings
Landmark Group Senior Manager Salary 9 - 18 years exp. (51 salaries)	₹17 L/yr - ₹53.4 L/yr 80% more
Titan Company Senior Manager Salary 8 - 19 years exp. (38 salaries)	₹17 L/yr - ₹40 L/yr 67% 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. (22 salaries)	₹11.1 L/yr - ₹34 L/yr 18% more
VIP Industries Senior Manager Salary 12 - 20 years exp. (13 salaries)	₹17.5 L/yr - ₹33 L/yr 43% 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 8 - 24 years exp. (9 salaries)	₹10.5 L/yr - ₹26 L/yr 6% more
V2 Retail Senior Manager Salary 14 - 22 years exp. (5 salaries)	₹13.5 L/yr - ₹20.6 L/yr 20% 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

(93 salaries)

₹2.2 L/yr - ₹10.48 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Spencer's Retail Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Spencer's Retail in India typically ranges from ₹12.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Senior Manager at Spencer's Retail earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior 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 40+ Spencer's Retail employees in India.

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 in India typically ranges from ₹1,14,500 to ₹1,17,690 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 40+ salaries received from various employees of Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spencer's Retail for Senior Manager in India?

NIKE	₹32.0 Lakhs to ₹70.0 Lakhs per year
Lowe's	₹29.0 Lakhs to ₹60.0 Lakhs per year
Tesco	₹22.4 Lakhs to ₹54.0 Lakhs per year
Target	₹23.0 Lakhs to ₹55.0 Lakhs per year
Landmark Group	₹17.0 Lakhs to ₹53.4 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 Senior Manager in companies similar to Spencer's Retail in India?

The salary of a Senior 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:

Marks & Spencer	₹25.0 Lakhs to ₹30.0 Lakhs per year
Titan Company	₹17.0 Lakhs to ₹40.0 Lakhs per year
Future Retail	₹18.0 Lakhs to ₹38.0 Lakhs per year
Trent	₹20.0 Lakhs to ₹45.1 Lakhs per year
VIP Industries	₹17.5 Lakhs to ₹33.0 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 Senior Manager at Spencer's Retail in India?

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

Experience	Average Salary Range
10 years	₹17.0 Lakhs to ₹23.0 Lakhs per year
11 years	₹12.0 Lakhs to ₹24.0 Lakhs per year
12 years	₹13.0 Lakhs to ₹19.0 Lakhs per year
13 years	₹13.0 Lakhs to ₹20.5 Lakhs per year

and so on.

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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.