VIP Industries Store Manager Salaries by 90+ Employees (Updated 2024)

4 - 16 years exp.

₹1.7 Lakh - ₹5.3 Lakhs

Salary of majority employees

39% less than the average Store Manager Salary in Retail Companies for 4 - 16 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Store Manager Salary 4 - 16 years exp. (31 salaries)	₹1.7 L/yr - ₹5.2 L/yr
Sales & Business Development Store Manager Salary 4 - 16 years exp. (30 salaries)	₹2.4 L/yr - ₹4.8 L/yr
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Customer Success, Service & Operations Store Manager Salary 4 - 16 years exp. (7 salaries)	₹2.4 L/yr - ₹4 L/yr
Marketing & Communication Store Manager Salary 7 - 15 years exp. (4 salaries)	₹2.1 L/yr - ₹3.6 L/yr
UX, Design & Architecture Store Manager Salary 5 - 15 years exp. (4 salaries)	₹2.5 L/yr - ₹5.3 L/yr

Last Updated: 14 Dec 2024

Companies similar to VIP Industries for Store Manager

Company name	Avg Annual Salary	Open Jobs
Safari Industries India Store Manager Salary 2 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 1% less
Samsonite Store Manager Salary 3 - 16 years exp. (55 salaries)	₹2 L/yr - ₹5.3 L/yr 3% more
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DELSEY Store Manager Salary 2 - 13 years exp. (7 salaries)	₹1.8 L/yr - ₹4.6 L/yr 9% less
Wildcraft Store Manager Salary 5 - 14 years exp. (83 salaries)	₹2.1 L/yr - ₹5 L/yr 3% less
Landmark Group Store Manager Salary 5 - 15 years exp. (301 salaries)	₹3.9 L/yr - ₹14.2 L/yr 133% more
CANTABIL RETAIL INDIA Store Manager Salary 3 - 14 years exp. (215 salaries)	₹2.4 L/yr - ₹5.3 L/yr 12% more
V2 Retail Store Manager Salary 6 - 14 years exp. (166 salaries)	₹3.3 L/yr - ₹6.5 L/yr 42% more
Baazar Retail Private Limited Store Manager Salary 6 - 13 years exp. (142 salaries)	₹3.2 L/yr - ₹6.8 L/yr 46% more
Marks & Spencer Store Manager Salary 6 - 20 years exp. (139 salaries)	₹6.5 L/yr - ₹15.5 L/yr 229% more
Spencer's Retail Store Manager Salary 5 - 17 years exp. (114 salaries)	₹2.2 L/yr - ₹10.4 L/yr 69% more
V-bazaar Retail Store Manager Salary 5 - 13 years exp. (109 salaries)	₹2.5 L/yr - ₹6.1 L/yr 36% more
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Wellness Forever Medicare Store Manager Salary 4 - 8 years exp. (45 salaries)	₹2.2 L/yr - ₹4.6 L/yr 3% more
NIKE Store Manager Salary 6 - 15 years exp. (43 salaries)	₹3.4 L/yr - ₹9 L/yr 46% more
Future Lifestyle Fashion Store Manager Salary 10 - 16 years exp. (39 salaries)	₹2.6 L/yr - ₹10.7 L/yr 86% more
Ssipl Lifestyle Store Manager Salary 4 - 15 years exp. (37 salaries)	₹2.4 L/yr - ₹6 L/yr 16% more
Shoppers Stop Store Manager Salary 6 - 17 years exp. (30 salaries)	₹5.7 L/yr - ₹13 L/yr 152% more
SPAR Hypermarkets Store Manager Salary 8 - 20 years exp. (30 salaries)	₹6.1 L/yr - ₹19.6 L/yr 270% more
Cex Webuy Entertainment Store Manager Salary 0 - 12 years exp. (23 salaries)	₹3.1 L/yr - ₹5 L/yr 17% more
LuLu Group International Store Manager Salary 0 - 12 years exp. (6 salaries)	₹4.2 L/yr - ₹6.4 L/yr 55% more
1K Networks Store Manager Salary 1 - 10 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr 31% less

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Store Manager salary at VIP Industries ranges between ₹1.7 Lakh to ₹5.3 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 92 latest salaries received from various employees of VIP Industries.

Experience wise VIP Industries Store Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
4 years (6 salaries)	₹1.7 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹2.4 L/yr - ₹4.5 L/yr
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6 years (6 salaries)	₹2.2 L/yr - ₹4.5 L/yr
7 years (5 salaries)	₹2.1 L/yr - ₹5.9 L/yr
8 years (5 salaries)	₹1.3 L/yr - ₹4.9 L/yr
9 years (6 salaries)	₹2.4 L/yr - ₹5.3 L/yr
10 years (17 salaries)	₹2.2 L/yr - ₹5 L/yr
11 years (10 salaries)	₹2.6 L/yr - ₹4.5 L/yr
12 years (4 salaries)	₹3.3 L/yr - ₹4.8 L/yr
13 years (3 salaries)	₹3.4 L/yr - ₹4.8 L/yr
14 years (5 salaries)	₹2.7 L/yr - ₹4.5 L/yr
15+ years (18 salaries)	₹3 L/yr - ₹5.3 L/yr

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Similar Designation salaries in VIP Industries

Area Manager Salary

(4 salaries)

₹11 L/yr - ₹15 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 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

Store Incharge Salary

(6 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Senior Store Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Salary related reviews for VIP Industries

3.5

Rated by 35 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.

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.

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

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.

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

Senior Marketing Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 25 Apr 2024

5.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Toxic culture. No systems. Abusive culture. Marketing does not know what they are doing. Asked to do same ppt again and again rework. Same excel whole month. Job involved only PPT, Excel and Toxic culture. No learning No mental peace. Seniors harass juniors purposely.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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VIP Industries Store Manager Salary FAQs

What is the salary of Store Manager at VIP Industries?

Store Manager salary at VIP Industries in India ranges between ₹1.7 Lakhs to ₹5.3 Lakhs for experience between 4 years to 16 years. According to our estimates it is 39% less than the average Store Manager Salary in India. Salary estimates are based on 92 latest salaries received from various employees of VIP Industries India.

How does the salary of a Store Manager at VIP Industries India compare with the average salary range for this job?

The average salary of a Store Manager at VIP Industries is 39% less than the average salary of a Store Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than VIP Industries to a Store Manager in India?

Tesco Store Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
Metro Cash & Carry Store Manager Salary - ₹10.5 Lakhs to ₹18.3 Lakhs per year
SPAR Hypermarkets Store Manager Salary - ₹6.1 Lakhs to ₹19.6 Lakhs per year
Marks & Spencer Store Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Shoppers Stop Store Manager Salary - ₹5.7 Lakhs to ₹13.0 Lakhs per year

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

Landmark Group Store Manager Salary - ₹3.9 Lakhs to ₹14.2 Lakhs per year
Khimji Ramdas Store Manager Salary - ₹3.6 Lakhs to ₹7.9 Lakhs per year
Future Lifestyle Fashion Store Manager Salary - ₹2.6 Lakhs to ₹10.7 Lakhs per year
Spencer's Retail Store Manager Salary - ₹2.2 Lakhs to ₹10.4 Lakhs per year
LuLu Group International Store Manager Salary - ₹4.2 Lakhs to ₹6.4 Lakhs per year

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

The estimated take-home salary of a Store Manager at VIP Industries ranges between ₹25,007 per month to ₹26,445 per month in India. The take-home salary calculation is based on the average VIP Industries Store Manager salary in India which ranges between ₹1.7 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Store Manager at VIP Industries?

According to AmbitionBox, 62% of the VIP Industries Store Managers reported a notice period of 1 Month, 36% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 60 responses on AmbitionBox in last 2 years.

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VIP Industries Store Manager Salaries

VIP Industries Store Manager salary in India ranges between ₹1.7 Lakh to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 92 VIP Industries latest salaries received from various employees of VIP Industries.