Spencer's Retail Vice President Salaries by 4 Employees

15 - 16 years exp.

₹90 Lakhs - ₹1 Crore

Low Confidence

Salary of majority employees

97% more than the average Vice President Salary in Retail Companies for 15 - 16 years of experience

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Salaries in different departments

Marketing & Communication Vice President Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹96 L/yr - ₹1.1 Cr/yr
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Strategic & Top Management Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹85.5 L/yr - ₹94.5 L/yr

Last Updated: 10 Feb 2024

Companies similar to Spencer's Retail for Vice President

Company name	Avg Annual Salary	Open Jobs
Landmark Group Vice President Salary 15 - 26 years exp. (5 salaries)	₹43.8 L/yr - ₹1 Cr/yr 11% less
Metro Cash & Carry Vice President Salary 22 - 25 years exp. (3 salaries)	₹60 L/yr - ₹95 L/yr 13% less
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Tesco Vice President Salary 7 - 20 years exp. (3 salaries)	₹60 L/yr - ₹75 L/yr 28% less
JPMorgan Chase & Co. Vice President Salary 8 - 24 years exp. (4.1k salaries)	₹20 L/yr - ₹70 L/yr 48% less	46 job openings
Citicorp Vice President Salary 8 - 24 years exp. (2.6k salaries)	₹21 L/yr - ₹72 L/yr 47% less

Vice President salary at Spencer's Retail ranges between ₹90 Lakhs to ₹1 Crore per year for employees with experience between 15 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Vice President salaries

Last Updated: 10 Feb 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹90 L/yr - ₹1 Cr/yr
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Similar Designation salaries in Spencer's Retail

Senior Vice President Salary

(AmbitionBox Estimate)

₹95.9 L/yr - ₹106.1 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹48 L/yr - ₹53 L/yr

Store Manager Salary

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₹2.2 L/yr - ₹10.48 L/yr

Business Head Salary

(5 salaries)

₹43 L/yr - ₹65 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Operations Manager Salary

(13 salaries)

₹5.7 L/yr - ₹11.5 L/yr

Operations Executive Salary

(5 salaries)

₹1.6 L/yr - ₹4 L/yr

Salary related reviews for Spencer's Retail

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

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.

Salary - Good

+3 more

Dislikes

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

Work-life balance - Poor

see more salary related reviews

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Spencer's Retail Vice President Salary FAQs

What is the salary of Vice President at Spencer's Retail ?

The average salary of a Vice President at Spencer's Retail in India typically ranges from ₹90.0 Lakhs to ₹101.0 Lakhs per year, depending on experience (from 15 years to 16 years).

The top 10% of Vice President at Spencer's Retail earn more than ₹101.0 Lakhs per year, and the top 1% earn over ₹101.0 Lakhs per year. Vice President 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 4 Spencer's Retail employees in India.

What is the estimated take home salary of a Vice President at Spencer's Retail in India?

The estimated take-home salary of a Vice President at Spencer's Retail in India typically ranges from ₹5,21,453 to ₹5,34,863 per month. This is based on the average salary range of ₹90.0 Lakhs to ₹101.0 Lakhs per year for employees with experience ranging from 15 years to 16 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 4 salaries received from various employees of Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Vice President in companies similar to Spencer's Retail in India?

The salary of a Vice President at companies similar to Spencer's Retail in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Landmark Group	₹43.8 Lakhs to ₹102.0 Lakhs per year
Metro Cash & Carry	₹60.0 Lakhs to ₹95.0 Lakhs per year
Tesco	₹60.0 Lakhs to ₹75.0 Lakhs per year
Citicorp	₹21.0 Lakhs to ₹72.0 Lakhs per year
JPMorgan Chase & Co.	₹20.0 Lakhs to ₹70.0 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 Vice President at Spencer's Retail in India?

The salary growth for a Vice President at Spencer's Retail depends on factors such as experience, performance, and promotions. On average, a Vice President can expect the following growth trajectory at Spencer's Retail:

Experience	Average Salary Range
15 years	₹90.0 Lakhs to ₹101.0 Lakhs per year

and so on.

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Spencer's Retail Vice President Salaries

Spencer's Retail Vice President salary in India ranges between ₹90 Lakhs to ₹1 Crore 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.