Spencer's Retail Visakhapatnam Store Manager Salaries by 10 Employees (Updated 2025)

8 - 16 years exp.

₹2.5 Lakhs - ₹10.4 Lakhs

Salary of majority employees

Fixed (90%)

₹5.5 Lakhs

Variable (10%)

₹0.5 Lakh

7% more than the average Store Manager Salary in Retail Companies for 8 - 16 years of experience

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Salaries in different departments

Sales & Business Development Store Manager Salary 9 - 16 years exp. (3 salaries)	₹4.5 L/yr - ₹5.9 L/yr
Marketing & Communication Store Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.8 L/yr
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Merchandising, Retail & eCommerce Store Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹10.4 L/yr
Customer Success, Service & Operations Store Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.3 L/yr
Food, Beverage & Hospitality Store Manager Salary 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

Last Updated: 1 Mar 2025

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

Spencer's Retail Store Manager Salary

8 - 16 years exp. (10 salaries)

₹2.5 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Fabindia Store Manager Salary 11 - 14 years exp. (4 salaries)	₹4.9 L/yr - ₹9.6 L/yr 1% less
Raymond Lifestyle Limited Store Manager Salary 9 - 14 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 16% less
Login to view exact salary
DMart Store Manager Salary 11 - 18 years exp. (4 salaries)	₹6.6 L/yr - ₹15.5 L/yr 101% more	9 job openings
Bajaj Electronics Store Manager Salary 10 - 14 years exp. (3 salaries)	₹3.4 L/yr - ₹4.3 L/yr 29% less
Trent Store Manager Salary 9 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 19% more	3 job openings

Store Manager salary at Spencer's Retail ranges between ₹2.5 Lakhs to ₹10.4 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Store Manager salaries in Visakhapatnam

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr
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10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.7 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
14 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
15+ years (3 salaries)	₹5.9 L/yr - ₹10.4 L/yr

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Similar Designation salaries in Spencer's Retail

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.25 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 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Spencer's Retail Store Manager Salary FAQs

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

Store Manager salary at Spencer's Retail in Visakhapatnam ranges between ₹2.5 Lakhs to ₹10.4 Lakhs for experience between 8 years to 16 years. According to our estimates it is 7% more than the average Store Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Spencer's Retail Visakhapatnam.

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

The average salary of a Store Manager at Spencer's Retail is 7% more than the average salary of a Store Manager in Visakhapatnam. 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 Visakhapatnam.

Which similar companies are paying more than Spencer's Retail to a Store Manager in Visakhapatnam?

DMart Store Manager Salary - ₹6.6 Lakhs to ₹15.5 Lakhs per year
Trent Store Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year

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

Fabindia Store Manager Salary - ₹4.9 Lakhs to ₹9.6 Lakhs per year
Raymond Lifestyle Limited Store Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Bajaj Electronics Store Manager Salary - ₹3.4 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Store Manager at Spencer's Retail ranges between ₹45,962 per month to ₹47,051 per month in Visakhapatnam. The take-home salary calculation is based on the average Spencer's Retail Store Manager salary in India which ranges between ₹2.5 Lakhs to ₹10.4 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Spencer's Retail Store Managers in Visakhapatnam reported a notice period of 1 Month, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Spencer's Retail Store Manager Salaries in Visakhapatnam

Spencer's Retail Store Manager salary in Visakhapatnam ranges between ₹2.5 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Spencer's Retail latest salaries received from various employees of Spencer's Retail.