Spencer's Retail Hyderabad / Secunderabad Store Manager Salaries by 8 Employees

8 - 17 years exp.

₹3.3 Lakhs - ₹8.2 Lakhs

Salary of majority employees

Fixed (95%)

₹5.8 Lakhs

Variable (5%)

₹0.3 Lakh

9% more than the average Store Manager Salary in Retail Companies for 8 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Store Manager Salary 15 - 17 years exp. (4 salaries)	₹4.1 L/yr - ₹7.5 L/yr
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Merchandising, Retail & eCommerce Store Manager Salary 9 - 11 years exp. (3 salaries)	₹3.9 L/yr - ₹8.2 L/yr

Last Updated: 16 Aug 2024

Companies similar to Spencer's Retail for Store Manager in Hyderabad / Secunderabad

Spencer's Retail Store Manager Salary

8 - 17 years exp. (8 salaries)

₹3.3 L/yr - ₹8.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Vishal Mega Mart Store Manager Salary 8 - 18 years exp. (55 salaries)	₹5 L/yr - ₹11.6 L/yr 32% more
Landmark Group Store Manager Salary 5 - 14 years exp. (31 salaries)	₹4.5 L/yr - ₹10.8 L/yr 31% more
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Trent Store Manager Salary 8 - 16 years exp. (19 salaries)	₹5.6 L/yr - ₹8.2 L/yr 13% more	1 job opening
Future Retail Store Manager Salary 6 - 15 years exp. (11 salaries)	₹2.5 L/yr - ₹6 L/yr 28% less
Titan Company Store Manager Salary 2 - 13 years exp. (11 salaries)	₹3 L/yr - ₹6.8 L/yr 31% less	7 job openings
Reliance Smart Store Manager Salary 3 - 13 years exp. (10 salaries)	₹3.3 L/yr - ₹7 L/yr 13% less
V-Mart Store Manager Salary 6 - 14 years exp. (9 salaries)	₹5.5 L/yr - ₹8.1 L/yr 4% less
VIP Industries Store Manager Salary 4 - 15 years exp. (8 salaries)	₹3 L/yr - ₹5.1 L/yr 43% less
Bajaj Electronics Store Manager Salary 5 - 14 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 31% less
Electronics Mart India Store Manager Salary 9 - 17 years exp. (6 salaries)	₹3.7 L/yr - ₹8.5 L/yr 9% less
CANTABIL RETAIL INDIA Store Manager Salary 10 - 12 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr 34% less
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Marks & Spencer Store Manager Salary 6 - 16 years exp. (3 salaries)	₹8 L/yr - ₹11.5 L/yr 85% more

Store Manager salary at Spencer's Retail ranges between ₹3.3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Store Manager salaries in Hyderabad / Secunderabad

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
15+ years (4 salaries)	₹4.1 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Spencer's Retail

Area Manager Salary

(4 salaries)

₹7 L/yr - ₹15.29 L/yr

Senior Store Manager Salary

(3 salaries)

₹13.5 L/yr - ₹17.2 L/yr

Top skills at Spencer's Retail for Store Manager

Store Operations Store Management Retail Management Inventory Management Customer Handling Shrinkage Control Retail Operations Customer Interaction Communication Skills Operations Sales PNL Profit Growth Store Merchandising Store Presentation

Salary related reviews for Spencer's Retail

5.0

Rated by 3 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

Salary - Excellent

+6 more

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.

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Spencer's Retail Store Manager Salary FAQs

What is the salary of Store Manager at Spencer's Retail in Hyderabad / Secunderabad?

The average salary of a Store Manager at Spencer's Retail in Hyderabad / Secunderabad typically ranges from ₹3.3 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Store Manager in Hyderabad / Secunderabad at Spencer's Retail earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Store 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 Store Manager at Spencer's Retail in Hyderabad / Secunderabad?

The estimated take-home salary of a Store Manager at Spencer's Retail in Hyderabad / Secunderabad typically ranges from ₹46,661 to ₹47,767 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 8 years to 17 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.

What are the key skills required to be a Store Manager at Spencer's Retail in Hyderabad / Secunderabad?

To be a Store Manager at Spencer's Retail in Hyderabad / Secunderabad, the key skills required include:

- Store Operations
- Store Management
- Retail Management
- Inventory Management
- Customer Handling

These skills are highly valued at Spencer's Retail and are crucial for successful performance in a Software Engineering role.

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

Marks & Spencer	₹8.0 Lakhs to ₹11.5 Lakhs per year
Vishal Mega Mart	₹5.0 Lakhs to ₹11.6 Lakhs per year
Landmark Group	₹4.5 Lakhs to ₹10.8 Lakhs per year
Trent	₹5.6 Lakhs to ₹8.2 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 Store Manager in companies similar to Spencer's Retail in Hyderabad / Secunderabad?

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

V-Mart	₹5.5 Lakhs to ₹8.1 Lakhs per year
Electronics Mart India	₹3.7 Lakhs to ₹8.5 Lakhs per year
Reliance Smart	₹3.3 Lakhs to ₹7.0 Lakhs per year
Future Retail	₹2.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Electronics	₹4.0 Lakhs to ₹5.0 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 Store Manager at Spencer's Retail in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
10 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
11 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Spencer's Retail Store Manager Salaries in Hyderabad / Secunderabad

Spencer's Retail Store Manager salary in Hyderabad / Secunderabad ranges between ₹3.3 Lakhs to ₹8.2 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.

Spencer's Retail Store Manager salaries in Hyderabad / Secunderabad

Companies similar to Spencer's Retail for Store Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Spencer's Retail Store Manager in Hyderabad / Secunderabad

Experience wise Spencer's Retail Store Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Spencer's Retail

Top skills at Spencer's Retail for Store Manager

Salary related reviews for Spencer's Retail

Department Manager in Kolkata

Senior Executive in Varanasi

Chief Administration Manager in Kolkata

Manager in Kolkata

Commercial Executive And Sales Coordinator in Kolkata

Spencer's Retail Store Manager Salary FAQs

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