Spencer's Retail Gurgaon / Gurugram Senior Manager Salaries by 8 Employees

11 - 20 years exp.

₹12 Lakhs - ₹20.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average Senior Manager Salary in Retail Companies for 11 - 20 years of experience

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Last Updated: 17 Sep 2024

Companies similar to Spencer's Retail for Senior Manager in Gurgaon / Gurugram

Spencer's Retail Senior Manager Salary

11 - 20 years exp. (8 salaries)

₹12 L/yr - ₹20.5 L/yr

Company name	Avg Annual Salary	Open Jobs
V-Mart Senior Manager Salary 10 - 19 years exp. (10 salaries)	₹15 L/yr - ₹22.6 L/yr 27% more
Future Retail Senior Manager Salary 10 - 21 years exp. (7 salaries)	₹19.1 L/yr - ₹27 L/yr 60% more
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Vishal Mega Mart Senior Manager Salary 23 - 24 years exp. (3 salaries)	₹21 L/yr - ₹26 L/yr 37% more
Genpact Senior Manager Salary 8 - 22 years exp. (665 salaries)	₹10.7 L/yr - ₹36 L/yr 35% more
Ernst & Young Senior Manager Salary 7 - 20 years exp. (347 salaries)	₹23 L/yr - ₹72 L/yr 164% more	24 job openings

Senior Manager salary at Spencer's Retail ranges between ₹12 Lakhs to ₹20.5 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 8 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Senior Manager salaries in Gurgaon / Gurugram

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
12 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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13 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
15+ years (3 salaries)	₹15.5 L/yr - ₹20.5 L/yr

Similar Designation salaries in Spencer's Retail

Team Lead Salary

(14 salaries)

₹2.05 L/yr - ₹4 L/yr

Team Member Salary

(6 salaries)

₹1.5 L/yr - ₹1.9 L/yr

Assistant Team Leader Salary

(5 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Category Manager Salary

(4 salaries)

₹12 L/yr - ₹18 L/yr

Senior Category Manager Salary

(3 salaries)

₹16 L/yr - ₹21 L/yr

Cashier Salary

(3 salaries)

₹1.58 L/yr - ₹2.4 L/yr

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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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 Manager Salary FAQs

What is the salary of Senior Manager at Spencer's Retail in Gurgaon / Gurugram?

The average salary of a Senior Manager at Spencer's Retail in Gurgaon / Gurugram typically ranges from ₹12.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Senior Manager in Gurgaon / Gurugram at Spencer's Retail earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹20.5 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 8 Spencer's Retail employees in India.

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

The estimated take-home salary of a Senior Manager at Spencer's Retail in Gurgaon / Gurugram typically ranges from ₹1,12,140 to ₹1,15,253 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 11 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 8 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?

Ernst & Young	₹23.0 Lakhs to ₹72.0 Lakhs per year
Future Retail	₹19.1 Lakhs to ₹27.0 Lakhs per year
Vishal Mega Mart	₹21.0 Lakhs to ₹26.0 Lakhs per year
Genpact	₹10.7 Lakhs to ₹36.0 Lakhs per year
V-Mart	₹15.0 Lakhs to ₹22.6 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.

How the salary growth look like for a Senior Manager at Spencer's Retail in Gurgaon / Gurugram?

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

Experience	Average Salary Range
11 years	₹14.9 Lakhs to ₹19.1 Lakhs per year
12 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
13 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
14 years	₹14.9 Lakhs to ₹19.0 Lakhs per year

and so on.

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Spencer's Retail Senior Manager Salaries in Gurgaon / Gurugram

Spencer's Retail Senior Manager salary in Gurgaon / Gurugram ranges between ₹12 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Spencer's Retail latest salaries received from various employees of Spencer's Retail.