Spencer's Retail T M Salaries by 5 Employees (Updated 2025)

1 - 3 years exp.

₹1.2 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

61% less than the average T M Salary in Retail Companies for 1 - 3 years of experience

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Salaries in different departments

Sales & Business Development T M Salary 1 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2 L/yr
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Merchandising, Retail & eCommerce T M Salary 2 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Spencer's Retail for T M

Company name	Avg Annual Salary	Open Jobs
Future Retail T M Salary 3 - 14 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr 2% less
Big Bazaar T M Salary 1 - 5 years exp. (3 salaries)	₹1.1 L/yr - ₹1.6 L/yr 27% less
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Cipla T M Salary 3 - 8 years exp. (36 salaries)	₹2.4 L/yr - ₹6.1 L/yr 183% more
Apollo Tyres T M Salary 1 - 11 years exp. (28 salaries)	₹1.6 L/yr - ₹6 L/yr 134% more
Dr. Reddy's T M Salary 3 - 10 years exp. (25 salaries)	₹3.7 L/yr - ₹7 L/yr 194% more

T M salary at Spencer's Retail ranges between ₹1.2 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail T M salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
2 years (3 salaries)	₹1.2 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr

Salary related reviews for Spencer's Retail

3.7

Rated by 4 employees for salary & benefits

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*

Assistant Manager in Kolkata

Full Time

Other Department

3.0

• posted on 10 Apr 2022

4.0

for Salary and Benefits

Likes

It's one of the company which is belong to best group in west bengal i.e RPSG group and job security and compensation benefits is petty better then others.

Dislikes

Spencer's management should be look after the work life balance.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Spencer's Retail T M Salary FAQs

What is the salary of T M at Spencer's Retail?

T M salary at Spencer's Retail in India ranges between ₹1.2 Lakhs to ₹2.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 61% less than the average T M Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Spencer's Retail India.

How does the salary of a T M at Spencer's Retail India compare with the average salary range for this job?

The average salary of a T M at Spencer's Retail is 61% less than the average salary of a T M in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spencer's Retail to a T M in India?

Dr. Reddy's T M Salary - ₹3.7 Lakhs to ₹7.0 Lakhs per year
Cipla T M Salary - ₹2.4 Lakhs to ₹6.1 Lakhs per year
Apollo Tyres T M Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year

What is the salary of a T M in companies similar to Spencer's Retail in India?

Future Retail T M Salary - ₹1.2 Lakhs to ₹2.0 Lakhs per year
Big Bazaar T M Salary - ₹1.1 Lakhs to ₹1.6 Lakhs per year

What is the estimated take home salary of a T M at Spencer's Retail in India?

The estimated take-home salary of a T M at Spencer's Retail ranges between ₹11,610 per month to ₹12,884 per month in India. The take-home salary calculation is based on the average Spencer's Retail T M salary in India which ranges between ₹1.2 Lakhs to ₹2.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for T M at Spencer's Retail?

According to AmbitionBox, 100% of the Spencer's Retail T Ms reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Spencer's Retail T M Salaries

Spencer's Retail T M salary in India ranges between ₹1.2 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Spencer's Retail latest salaries received from various employees of Spencer's Retail.