Spencer's Retail Varanasi Store Manager Salaries by 8 Employees (Updated 2025)

9 - 17 years exp.

₹2.2 Lakhs - ₹10 Lakhs

Salary of majority employees

Fixed (89%)

₹5.9 Lakhs

Variable (11%)

₹0.7 Lakh

46% more than the average Store Manager Salary in Retail Companies for 9 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Store Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹9.4 L/yr
Merchandising, Retail & eCommerce Store Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹8.9 L/yr
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Food, Beverage & Hospitality Store Manager Salary 12 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Spencer's Retail for Store Manager in Varanasi

Spencer's Retail Store Manager Salary

9 - 17 years exp. (8 salaries)

₹2.2 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Future Retail Store Manager Salary 7 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹4.8 L/yr 28% less
Raymond Lifestyle Limited Store Manager Salary 6 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹5.4 L/yr 28% less
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V-Mart Store Manager Salary 5 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹7 L/yr 14% less
V2 Retail Store Manager Salary 5 - 10 years exp. (6 salaries)	₹2.9 L/yr - ₹5 L/yr 28% less
Citykart Retail Store Manager Salary 7 - 14 years exp. (11 salaries)	₹3 L/yr - ₹5.5 L/yr 25% less

Store Manager salary at Spencer's Retail ranges between ₹2.2 Lakhs to ₹10 Lakhs per year for employees with experience between 9 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 Varanasi

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹10.9 L/yr
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11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.3 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹11.7 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr
15+ years (3 salaries)	₹3 L/yr - ₹10 L/yr

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Similar Designation salaries in Spencer's Retail

Team Lead Salary

(6 salaries)

₹1.25 L/yr - ₹3.8 L/yr

Team Member Salary

(3 salaries)

₹1 L/yr - ₹1.38 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

4.0

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

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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Spencer's Retail Store Manager Salary FAQs

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

Store Manager salary at Spencer's Retail in Varanasi ranges between ₹2.2 Lakhs to ₹10.0 Lakhs for experience between 9 years to 17 years. According to our estimates it is 46% more than the average Store Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Spencer's Retail Varanasi.

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

The average salary of a Store Manager at Spencer's Retail is 46% more than the average salary of a Store Manager in Varanasi. To know exact salary insights, login to view.

What are the top skills required to work as a Store Manager at Spencer's Retail?

Store Operations, Store Management, Retail Management, Inventory Management and Customer Handling are some of the popular skills required to work as a Store Manager at Spencer's Retail Varanasi.

What is the salary of a Store Manager in companies similar to Spencer's Retail in Varanasi?

V-Mart Store Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
Citykart Retail Store Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Raymond Lifestyle Limited Store Manager Salary - ₹2.4 Lakhs to ₹5.4 Lakhs per year
V2 Retail Store Manager Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year
Future Retail Store Manager Salary - ₹4.2 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Store Manager at Spencer's Retail ranges between ₹50,791 per month to ₹51,989 per month in Varanasi. The take-home salary calculation is based on the average Spencer's Retail Store Manager salary in India which ranges between ₹2.2 Lakhs to ₹10.0 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Store Manager at Spencer's Retail in Varanasi?

According to AmbitionBox, 75% of the Spencer's Retail Store Managers in Varanasi reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Spencer's Retail Store Manager Salaries in Varanasi

Spencer's Retail Store Manager salary in Varanasi ranges between ₹2.2 Lakhs to ₹10 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.