Spencer's Retail Senior Merchandising Manager Salaries by 4 Employees (Updated 2024)

14 - 17 years exp.

₹17.1 Lakhs - ₹20.8 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Senior Merchandising Manager Salary in Retail Companies for 14 - 17 years of experience

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Last Updated: 3 Aug 2023

Companies similar to Spencer's Retail for Senior Merchandising Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Senior Merchandising Manager Salary 10 - 18 years exp. (5 salaries)	₹17 L/yr - ₹26.3 L/yr 12% more
Shoppers Stop Senior Merchandising Manager Salary 7 - 20 years exp. (4 salaries)	₹22.5 L/yr - ₹28.8 L/yr 31% more
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Bhartiya International Senior Merchandising Manager Salary 12 - 17 years exp. (6 salaries)	₹11 L/yr - ₹15.8 L/yr 30% less
Mirza International Senior Merchandising Manager Salary 10 - 17 years exp. (6 salaries)	₹4.5 L/yr - ₹7.3 L/yr 65% less
Alacrity Ecommerce Solutions Private Limited Senior Merchandising Manager Salary 4 - 8 years exp. (5 salaries)	₹6.3 L/yr - ₹9 L/yr 63% less

Senior Merchandising Manager salary at Spencer's Retail ranges between ₹17.1 Lakhs to ₹20.8 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Senior Merchandising Manager salaries

Last Updated: 3 Aug 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹30.8 L/yr
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15+ years (3 salaries)	₹18.1 L/yr - ₹20.8 L/yr

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Salary related reviews for Spencer's Retail

3.0

Rated by 1 employees for salary & benefits

Department Manager in Kolkata

Merchandising, Retail & eCommerce Department

5.0

• posted on 19 Apr 2018

5.0

for Salary and Benefits

Likes

...learn lots of things from this company and hence I am working here last 11years. There is no delay in salary every time got on time. Actually I love to work at Spencer's, hence I am working since 11yrs

Dislikes

Overall ok

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.

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.

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.

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.

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.”

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,

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*

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Spencer's Retail Senior Merchandising Manager Salary FAQs

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

Senior Merchandising Manager salary at Spencer's Retail in India ranges between ₹17.1 Lakhs to ₹20.8 Lakhs for experience between 14 years to 17 years. According to our estimates it is 25% more than the average Senior Merchandising Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail India.

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

The average salary of a Senior Merchandising Manager at Spencer's Retail is 25% more than the average salary of a Senior Merchandising Manager in India. To know exact salary insights, login to view.

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

Shoppers Stop Senior Merchandising Manager Salary - ₹22.5 Lakhs to ₹28.8 Lakhs per year
Reliance Retail Senior Merchandising Manager Salary - ₹17.0 Lakhs to ₹26.3 Lakhs per year

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

Bhartiya International Senior Merchandising Manager Salary - ₹11.0 Lakhs to ₹15.8 Lakhs per year
Alacrity Ecommerce Solutions Private Limited Senior Merchandising Manager Salary - ₹6.3 Lakhs to ₹9.0 Lakhs per year
Mirza International Senior Merchandising Manager Salary - ₹4.5 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Senior Merchandising Manager at Spencer's Retail ranges between ₹1,26,802 per month to ₹1,30,965 per month in India. The take-home salary calculation is based on the average Spencer's Retail Senior Merchandising Manager salary in India which ranges between ₹17.1 Lakhs to ₹20.8 Lakhs per year for employees with experience between 14 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Spencer's Retail Senior Merchandising Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Spencer's Retail Senior Merchandising Manager Salaries

Spencer's Retail Senior Merchandising Manager salary in India ranges between ₹17.1 Lakhs to ₹20.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spencer's Retail latest salaries received from various employees of Spencer's Retail.