VIP Industries Assistant Store Manager Salaries by 7 Employees

0 - 12 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Assistant Store Manager Salary in Retail Companies for 0 - 12 years of experience

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Salaries in different departments

Sales & Business Development Assistant Store Manager Salary 0 - 11 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr
Food, Beverage & Hospitality Assistant Store Manager Salary 10 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
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Merchandising, Retail & eCommerce Assistant Store Manager Salary 12 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 19 Jun 2024

Companies similar to VIP Industries for Assistant Store Manager

Company name	Avg Annual Salary	Open Jobs
V2 Retail Assistant Store Manager Salary 3 - 12 years exp. (174 salaries)	₹1.7 L/yr - ₹5.3 L/yr 32% more	1 job opening
Baazar Retail Private Limited Assistant Store Manager Salary 5 - 12 years exp. (143 salaries)	₹1.9 L/yr - ₹4.1 L/yr 29% more
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V-bazaar Retail Assistant Store Manager Salary 2 - 8 years exp. (103 salaries)	₹2.4 L/yr - ₹4.1 L/yr 27% more
1 India Family Mart Assistant Store Manager Salary 1 - 10 years exp. (104 salaries)	₹2.1 L/yr - ₹4.2 L/yr 24% more
Landmark Group Assistant Store Manager Salary 1 - 15 years exp. (99 salaries)	₹3 L/yr - ₹8.6 L/yr 120% more
Reliance Smart Assistant Store Manager Salary 2 - 13 years exp. (87 salaries)	₹3 L/yr - ₹7 L/yr 95% more
Citykart Retail Assistant Store Manager Salary 2 - 9 years exp. (63 salaries)	₹2.2 L/yr - ₹4.2 L/yr 23% more
SPAR Hypermarkets Assistant Store Manager Salary 11 - 19 years exp. (31 salaries)	₹4.8 L/yr - ₹8.9 L/yr 181% more
Marks & Spencer Assistant Store Manager Salary 8 - 15 years exp. (26 salaries)	₹6.3 L/yr - ₹8 L/yr 171% more
Cex Webuy Entertainment Assistant Store Manager Salary 3 - 12 years exp. (22 salaries)	₹2.6 L/yr - ₹3.6 L/yr 16% more	3 job openings
Fabindia Assistant Store Manager Salary 3 - 15 years exp. (17 salaries)	₹2.1 L/yr - ₹7.3 L/yr 38% more
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Reliance Fresh Assistant Store Manager Salary 1 - 11 years exp. (16 salaries)	₹2.1 L/yr - ₹5 L/yr 41% more
NIKE Assistant Store Manager Salary 4 - 9 years exp. (18 salaries)	₹3.6 L/yr - ₹7.3 L/yr 106% more
Future Lifestyle Fashion Assistant Store Manager Salary 2 - 15 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 44% more
CANTABIL RETAIL INDIA Assistant Store Manager Salary 1 - 7 years exp. (13 salaries)	₹1.8 L/yr - ₹2.8 L/yr 9% less
Shoppers Stop Assistant Store Manager Salary 0 - 10 years exp. (7 salaries)	₹4.2 L/yr - ₹7.2 L/yr 154% more
Vijay Sales Assistant Store Manager Salary 3 - 14 years exp. (6 salaries)	₹5.3 L/yr - ₹6.4 L/yr 138% more
Metro Cash & Carry Assistant Store Manager Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹10.3 L/yr 196% more
Spencer's Retail Assistant Store Manager Salary 7 - 10 years exp. (4 salaries)	₹3.7 L/yr - ₹6.2 L/yr 101% more
Gap Assistant Store Manager Salary 5 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹5.4 L/yr 55% more

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Assistant Store Manager salary at VIP Industries ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 7 latest salaries received from various employees of VIP Industries.

Experience wise VIP Industries Assistant Store Manager salaries

Last Updated: 19 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
9 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
11 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in VIP Industries

Senior Store Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Store Manager Salary

(86 salaries)

₹1.7 L/yr - ₹5.15 L/yr

Area Sales Manager Salary

(61 salaries)

₹6 L/yr - ₹17 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Retail Manager Salary

(4 salaries)

₹2 L/yr - ₹9 L/yr

Branch Manager Salary

(5 salaries)

₹21.55 L/yr - ₹23.46 L/yr

Area Manager Salary

(3 salaries)

₹10.34 L/yr - ₹12 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Salary related reviews for VIP Industries

4.5

Rated by 4 employees for salary & benefits

Area Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 09 Jan 2022

1.0

for Salary and Benefits

Likes

The brands and the nation wide recognition and it's presence is the best part of working with VIP.

Dislikes

... it comes to difficult times. Half the field force was fired during covid times. Front line workers were at a 50% salary cut where as management staff was at a 25% salary cut. Performance pay of 19-20 was not given by company. All other variable part was cancelled. It's a typical lala company where big position holders are there to guard their positions till retirement. HR keeps a swinging sword on your head rather than helping. A person coming from outside the company will not be able to survive for long.

Salary - Bad

+6 more

Sales Executive in Bhopal

Sales & Business Development Department

4.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Job security - Poor

Area Sales Manager in Noida

Sales & Business Development Department

4.0

• posted on 24 Aug 2020

5.0

for Salary and Benefits

Likes

They have given us a option of work from home.Although a salary cut is there Grade-wise and major Layoffs has already been done but i have a very nice experience in this organisation.

Salary - Excellent

+6 more

Dislikes

... times they took decisions very fast to Lay Off the employees which is not good.They can go for more Salary Cuts,it can be a Leave Without pay Option but Layoffts and that too in April itself was not at all good.

Area Sales Manager in Nagpur

Sales & Business Development Department

2.0

• posted on 03 Jul 2020

2.0

for Salary and Benefits

Likes

They have cut jobs and salaries at all levels.

Dislikes

...t sighted view of the company. No worth of human resource. It's just businesses. Compensation is poker

Salary - Poor

+4 more

Shift Incharge in Hapur

Full Time

Procurement & Supply Chain Department

4.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

I joined VIP industries June -24 . There are many opportunities to learn and develop new skills.management is good and keeps employees stress free. The company has a supportive work culture and diverse ,multi - culture team.the company's core values include youthfulness ,meritocracy, entrepreneurship and innovation.

Salary - Good

+5 more

Dislikes

... is poor . Internal promotion are rare. Employees required to work extend hours. The company treats trainees as a contract labour and offer them low salary.

see more salary related reviews

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Top trending discussions

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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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VIP Industries Assistant Store Manager Salary FAQs

What is the salary of Assistant Store Manager at VIP Industries ?

The average salary of a Assistant Store Manager at VIP Industries in India typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Assistant Store Manager at VIP Industries earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Assistant Store Manager Salaries at VIP Industries 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 7 VIP Industries employees in India.

What is the estimated take home salary of a Assistant Store Manager at VIP Industries in India?

The estimated take-home salary of a Assistant Store Manager at VIP Industries in India typically ranges from ₹18,172 to ₹19,862 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 12 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 7 salaries received from various employees of VIP Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than VIP Industries for Assistant Store Manager in India?

Khimji Ramdas	₹5.5 Lakhs to ₹12.0 Lakhs per year
Metro Cash & Carry	₹7.0 Lakhs to ₹10.3 Lakhs per year
SPAR Hypermarkets	₹4.8 Lakhs to ₹8.9 Lakhs per year
Marks & Spencer	₹6.3 Lakhs to ₹8.0 Lakhs per year
Shoppers Stop	₹4.2 Lakhs to ₹7.2 Lakhs per year

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

What is the salary of a Assistant Store Manager in companies similar to VIP Industries in India?

The salary of a Assistant Store Manager at companies similar to VIP Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vijay Sales	₹5.3 Lakhs to ₹6.4 Lakhs per year
Landmark Group	₹3.0 Lakhs to ₹8.6 Lakhs per year
NIKE	₹3.6 Lakhs to ₹7.3 Lakhs per year
Spencer's Retail	₹3.7 Lakhs to ₹6.2 Lakhs per year
Reliance Smart	₹3.0 Lakhs to ₹7.0 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 Assistant Store Manager at VIP Industries in India?

The salary growth for a Assistant Store Manager at VIP Industries depends on factors such as experience, performance, and promotions. On average, a Assistant Store Manager can expect the following growth trajectory at VIP Industries:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.7 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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VIP Industries Assistant Store Manager Salaries

VIP Industries Assistant Store Manager salary in India ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 VIP Industries latest salaries received from various employees of VIP Industries.