The TJX Companies Senior Merchandiser Salaries by 4 Employees

7 - 15 years exp.

₹10.5 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

103% more than the average Senior Merchandiser Salary in Retail Companies for 7 - 15 years of experience

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Last Updated: 4 Jun 2023

Companies similar to The TJX Companies for Senior Merchandiser

Company name	Avg Annual Salary	Open Jobs
Carrefour Senior Merchandiser Salary 6 - 10 years exp. (8 salaries)	₹7 L/yr - ₹11 L/yr 42% less
Reliance Retail Senior Merchandiser Salary 2 - 10 years exp. (7 salaries)	₹3 L/yr - ₹5.5 L/yr 71% less
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Landmark Group Senior Merchandiser Salary 5 - 13 years exp. (7 salaries)	₹5.9 L/yr - ₹18.7 L/yr 28% less
Future Group Senior Merchandiser Salary 3 - 9 years exp. (6 salaries)	₹5 L/yr - ₹9.3 L/yr 53% less
Shoppers Stop Senior Merchandiser Salary 8 - 12 years exp. (6 salaries)	₹17.5 L/yr - ₹32 L/yr 25% more
Target Senior Merchandiser Salary 2 - 9 years exp. (6 salaries)	₹11.5 L/yr - ₹40 L/yr 53% more
Lifestyle Senior Merchandiser Salary 0 - 10 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 69% less

Senior Merchandiser salary at The TJX Companies ranges between ₹10.5 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of The TJX Companies.

Experience wise The TJX Companies Senior Merchandiser salaries

Last Updated: 4 Jun 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹10.5 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹20.1 L/yr
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9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
10 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.1 L/yr
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
14 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹20 L/yr

View all

Similar Designation salaries in The TJX Companies

Merchandiser Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Production Merchandiser Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Merchandiser Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sourcing Manager Salary

(4 salaries)

₹30 L/yr - ₹51 L/yr

Category Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for The TJX Companies

Senior Staff Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 12 Dec 2024

2.0

for Salary and Benefits

Likes

Cons: Very good company culture. Management is very supportive and flexible on part of work life balance. Weekly 2 days office only and cab provided at flexible timing. Lunch and snacks are provided at cafeteria without any deduction.

Job security - Good

+3 more

Dislikes

... for their growth, not becoming stagnant on same kind of technology and work. 2. Misleading salary structure and stock plan by ANSR. Company not taken any steps yet to compensate the loss of salary in terms of stock options. 3. Poor hike and biasness, favouritism. 4. Salary not as per retail product standard like Walmart, Wayfair etc.

Salary - Poor

+2 more

Principal Engineer in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 16 Feb 2024

1.0

for Salary and Benefits

Likes

If you are a techy you are in a mess.

Dislikes

Zero work life balance. Leaders and Managers are just people management professionals. They have no knowledge on the technology and on the technical or engineering project management.

Salary - Bad

+4 more

Engineering Manager in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 30 May 2024

5.0

for Salary and Benefits

Likes

Good benefits, and work life balance. Good culture across org. Flexible and empathetic leadership. Good HR. Transparent. Multiple paths available to switch to if desired and mgmt is supportive of that. It's a good company actually.

Salary - Excellent

+6 more

Dislikes

A bit slow. Not working on bleeding edge tech. Catching up to cloud, analytics, DevOps, AI now. Process changes are slow due to the enterprise setup, need lot of consensus. If you need things to move very quickly, it's a bit tuff.

Associate Marketing Representative in New Delhi

Full Time

Merchandising, Retail & eCommerce Department

2.0

• posted on 22 Dec 2023

3.0

for Salary and Benefits

Likes

The home office policies and culture is good.

Job security - Good

Dislikes

India office culture is too bad. There is no work life balance and managers do more politics than work. They will call you 10 pm at night and also and weekends and expect you to work.

Skill development - Bad

+4 more

Sourcing Specialist in New Delhi

Merchandising, Retail & eCommerce Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

It’s a wonderful company with amazing people for work for. ‘Relationships are glue and grease’ it’s my favourite takeaway from the company. It helps you go a long way.

Salary - Excellent

+6 more

Dislikes

Some educational upgrades options for employees would be really good.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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The TJX Companies Senior Merchandiser Salary FAQs

What is the salary of Senior Merchandiser at The TJX Companies ?

The average salary of a Senior Merchandiser at The TJX Companies in India typically ranges from ₹10.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Senior Merchandiser at The TJX Companies earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Merchandiser Salaries at The TJX Companies 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 The TJX Companies employees in India.

What is the estimated take home salary of a Senior Merchandiser at The TJX Companies in India?

The estimated take-home salary of a Senior Merchandiser at The TJX Companies in India typically ranges from ₹1,03,617 to ₹1,06,455 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 The TJX Companies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The TJX Companies for Senior Merchandiser in India?

Target	₹11.5 Lakhs to ₹40.0 Lakhs per year
Shoppers Stop	₹17.5 Lakhs to ₹32.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The TJX Companies, depending on the role and experience level.

What is the salary of a Senior Merchandiser in companies similar to The TJX Companies in India?

The salary of a Senior Merchandiser at companies similar to The TJX Companies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Landmark Group	₹5.9 Lakhs to ₹18.7 Lakhs per year
Carrefour	₹7.0 Lakhs to ₹11.0 Lakhs per year
Future Group	₹5.0 Lakhs to ₹9.3 Lakhs per year
Lifestyle	₹2.0 Lakhs to ₹7.0 Lakhs per year
Reliance Retail	₹3.0 Lakhs to ₹5.5 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 Senior Merchandiser at The TJX Companies in India?

The salary growth for a Senior Merchandiser at The TJX Companies depends on factors such as experience, performance, and promotions. On average, a Senior Merchandiser can expect the following growth trajectory at The TJX Companies:

Experience	Average Salary Range
7 years	₹10.5 Lakhs to ₹10.5 Lakhs per year
8 years	₹10.5 Lakhs to ₹20.1 Lakhs per year
9 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
10 years	₹12.3 Lakhs to ₹15.8 Lakhs per year

and so on.

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The TJX Companies Senior Merchandiser Salaries

The TJX Companies Senior Merchandiser salary in India ranges between ₹10.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The TJX Companies latest salaries received from various employees of The TJX Companies.