Spencer's Retail Kolkata Senior Manager Salaries by 20+ Employees (Updated 2025)

10 - 20 years exp.

₹13 Lakhs - ₹24 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

15% 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 - 18 years exp. (8 salaries)	₹14.1 L/yr - ₹24 L/yr
Merchandising, Retail & eCommerce Senior Manager Salary 12 - 13 years exp. (3 salaries)	₹13 L/yr - ₹19.9 L/yr
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Engineering - Software & QA Senior Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹20 L/yr
Marketing & Communication Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹18.3 L/yr
Sales & Business Development Senior Manager Salary 12 - 20 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹17.4 L/yr

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Last Updated: 17 Jan 2025

Companies similar to Spencer's Retail for Senior Manager in Kolkata

Spencer's Retail Senior Manager Salary

10 - 20 years exp. (27 salaries)

₹13 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
Emami Frank Ross Senior Manager Salary 15 - 16 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 65% less
Axis Bank Senior Manager Salary 4 - 20 years exp. (454 salaries)	₹7.2 L/yr - ₹26.3 L/yr 16% less	2 job openings
Login to view exact salary
HDFC Bank Senior Manager Salary 3 - 21 years exp. (347 salaries)	₹7 L/yr - ₹24 L/yr 23% less	1 job opening
Cognizant Senior Manager Salary 10 - 23 years exp. (271 salaries)	₹15 L/yr - ₹46 L/yr 80% more
Capgemini Senior Manager Salary 9 - 24 years exp. (246 salaries)	₹12.7 L/yr - ₹42 L/yr 61% more	1 job opening

Senior Manager salary at Spencer's Retail ranges between ₹13 Lakhs to ₹24 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 27 latest salaries received from various employees of Spencer's Retail.

Latest annual salaries shared by Spencer's Retail Senior Manager in Kolkata

2mo ago

₹19.9 Lakhs

13 years exp.

3mo ago

₹18 Lakhs

17 years exp.

3mo ago

₹18.3 Lakhs

11 years exp.

8mo ago

₹16.5 Lakhs

15 years exp.

9mo ago

₹18 Lakhs

10 years exp.

11mo ago

15 years exp.

1y ago

14 years exp.

1y ago

12 years exp.

1y ago

14 years exp.

1y ago

13 years exp.

Experience wise Spencer's Retail Senior Manager salaries in Kolkata

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹17 L/yr - ₹23 L/yr
11 years (3 salaries)	₹7.1 L/yr - ₹24 L/yr
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12 years (4 salaries)	₹13 L/yr - ₹19 L/yr
13 years (4 salaries)	₹13 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.4 L/yr
15+ years (11 salaries)	₹14.1 L/yr - ₹20 L/yr

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Similar Designation salaries in Spencer's Retail

Store Manager Salary

(21 salaries)

₹2.4 L/yr - ₹10 L/yr

Marketing Manager Salary

(3 salaries)

₹6.2 L/yr - ₹7.1 L/yr

Salary related reviews for Spencer's Retail

2.7

Rated by 8 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

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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 Kolkata?

The average salary of a Senior Manager at Spencer's Retail in Kolkata typically ranges from ₹13.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Senior Manager in Kolkata at Spencer's Retail earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹24.0 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 20+ Spencer's Retail employees in India.

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

The estimated take-home salary of a Senior Manager at Spencer's Retail in Kolkata typically ranges from ₹1,19,237 to ₹1,22,580 per month. This is based on the average salary range of ₹13.0 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 20+ 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?

Cognizant	₹15.0 Lakhs to ₹46.0 Lakhs per year
Capgemini	₹12.7 Lakhs to ₹42.0 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 Senior Manager in companies similar to Spencer's Retail in Kolkata?

The salary of a Senior Manager at companies similar to Spencer's Retail in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹7.2 Lakhs to ₹26.3 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹24.0 Lakhs per year
Emami Frank Ross	₹4.0 Lakhs to ₹9.0 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 Kolkata?

The salary growth for a Senior Manager at Spencer's Retail in Kolkata depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Kolkata 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	₹7.1 Lakhs to ₹24.0 Lakhs per year
12 years	₹13.0 Lakhs to ₹19.0 Lakhs per year
13 years	₹13.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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Spencer's Retail Senior Manager Salaries in Kolkata

Spencer's Retail Senior Manager salary in Kolkata ranges between ₹13 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Spencer's Retail latest salaries received from various employees of Spencer's Retail.