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VIP Industries Retail Manager salaries in India

Annual salary range
4 - 13 years exp.
₹2 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% less than the average Retail Manager Salary in Retail Companies for 4 - 13 years of experience

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Last Updated: 17 Mar 2023

Companies similar to VIP Industries for Retail Manager

Company name Avg Annual Salary Open Jobs
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Samsonite Retail Manager Salary

10 - 18 years exp. (4 salaries)

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₹3.5 L/yr - ₹14.5 L/yr

arrow icon 68% more
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Landmark Group Retail Manager Salary

0 - 20 years exp. (15 salaries)

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₹3.2 L/yr - ₹18 L/yr

arrow icon 98% more
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Shoppers Stop Retail Manager Salary

4 - 14 years exp. (9 salaries)

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₹3.9 L/yr - ₹9 L/yr

arrow icon 17% more
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Metro Cash & Carry Retail Manager Salary

9 - 14 years exp. (5 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 11% less
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V2 Retail Retail Manager Salary

4 - 7 years exp. (5 salaries)

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₹1.5 L/yr - ₹3.3 L/yr

arrow icon 50% less
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Spencer's Retail Retail Manager Salary

11 - 16 years exp. (4 salaries)

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₹3 L/yr - ₹3.9 L/yr

arrow icon 33% less
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Vijay Sales Retail Manager Salary

8 - 14 years exp. (4 salaries)

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₹4.4 L/yr - ₹6 L/yr

arrow icon 4% more
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Ssipl Lifestyle Retail Manager Salary

1 - 10 years exp. (4 salaries)

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₹2.6 L/yr - ₹4.8 L/yr

arrow icon 27% less
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Delhi Duty Free Services Retail Manager Salary

12 - 19 years exp. (4 salaries)

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₹14.7 L/yr - ₹15 L/yr

arrow icon 192% more
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₹5.8 L/yr - ₹12 L/yr

arrow icon 95% more
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SPAR Hypermarkets Retail Manager Salary

9 - 12 years exp. (3 salaries)

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₹5 L/yr - ₹6.2 L/yr

arrow icon 8% more
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1 India Family Mart Retail Manager Salary

3 - 6 years exp. (3 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 58% less
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Fabindia Retail Manager Salary

3 - 12 years exp. (3 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 17% less
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Marks & Spencer Retail Manager Salary

2 - 10 years exp. (3 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 22% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 48% less
Retail Manager salary at VIP Industries ranges between ₹2 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of VIP Industries.

Latest annual salaries shared by VIP Industries Retail Manager

1y ago
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6 years exp.
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4 years exp.
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12 years exp.
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13 years exp.

Experience wise VIP Industries Retail Manager salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
View all

Similar Designation salaries in VIP Industries

Store Manager Salary
(93 salaries)
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₹1.7 L/yr - ₹5.85 L/yr
Area Manager Salary
(3 salaries)
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₹10.34 L/yr - ₹12 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.6 L/yr
Branch Manager Salary
(5 salaries)
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₹21.55 L/yr - ₹23.46 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr
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₹6 L/yr - ₹17 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr
Senior Store Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Top skills at VIP Industries for Retail Manager

Data Analysis Retail Sales MS Office

Salary related reviews for VIP Industries

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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

read more
  • Job security - Poor

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.

read more
  • 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.

read more

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

read more
  • Salary - Poor
  • +4 more

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.

read more
  • 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.

read more
see more salary related reviews

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VIP Industries Retail Manager Salary FAQs

What is the salary of Retail Manager at VIP Industries ?
The average salary of a Retail Manager at VIP Industries in India typically ranges from ₹2.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Retail Manager at VIP Industries earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Retail 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 4 VIP Industries employees in India.
What is the estimated take home salary of a Retail Manager at VIP Industries in India?
The estimated take-home salary of a Retail Manager at VIP Industries in India typically ranges from ₹38,240 to ₹39,431 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 13 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 VIP Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Retail Manager at VIP Industries ?
To be a Retail Manager at VIP Industries in india, the key skills required include:

  • - Data Analysis
  • - Retail Sales
  • - MS Office

These skills are highly valued at VIP Industries and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than VIP Industries for Retail Manager in India?
Delhi Duty Free Services ₹14.7 Lakhs to ₹15.0 Lakhs per year
Landmark Group ₹3.2 Lakhs to ₹18.0 Lakhs per year
LuLu Group International ₹5.8 Lakhs to ₹12.0 Lakhs per year
Samsonite ₹3.5 Lakhs to ₹14.5 Lakhs per year
Shoppers Stop ₹3.9 Lakhs to ₹9.0 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 Retail Manager in companies similar to VIP Industries in India?
The salary of a Retail Manager at companies similar to VIP Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SPAR Hypermarkets ₹5.0 Lakhs to ₹6.2 Lakhs per year
Vijay Sales ₹4.4 Lakhs to ₹6.0 Lakhs per year
Metro Cash & Carry ₹2.8 Lakhs to ₹6.0 Lakhs per year
Fabindia ₹3.0 Lakhs to ₹6.0 Lakhs per year
Marks & Spencer ₹3.2 Lakhs to ₹5.0 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 Retail Manager at VIP Industries in India?
The salary growth for a Retail Manager at VIP Industries depends on factors such as experience, performance, and promotions. On average, a Retail Manager can expect the following growth trajectory at VIP Industries:

Experience Average Salary Range
4 years ₹2.0 Lakhs to ₹2.0 Lakhs per year
5 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years ₹2.0 Lakhs to ₹5.2 Lakhs per year
7 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

VIP Industries Retail Manager salary in India ranges between ₹2 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 VIP Industries latest salaries received from various employees of VIP Industries.