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VIP Industries Store Manager salaries in Pune

Annual salary range
5 - 9 years exp.
₹3 Lakhs - ₹5 Lakhs
Salary of majority employees
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36% less than the average Store Manager Salary in Retail Companies for 5 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Store Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.5 L/yr

Merchandising, Retail & eCommerce
Store Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5 L/yr

Last Updated: 12 Dec 2024

Companies similar to VIP Industries for Store Manager in Pune

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VIP Industries Store Manager Salary

5 - 9 years exp. (5 salaries)

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₹3 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹4.6 L/yr

arrow icon 1% more
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Fabindia Store Manager Salary

5 - 13 years exp. (9 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 57% more
1 job opening
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Reliance Smart Store Manager Salary

9 - 13 years exp. (8 salaries)

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₹4.8 L/yr - ₹8 L/yr

arrow icon 74% more
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Marks & Spencer Store Manager Salary

10 - 15 years exp. (7 salaries)

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₹7.8 L/yr - ₹13 L/yr

arrow icon 186% more
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Landmark Group Store Manager Salary

8 - 14 years exp. (7 salaries)

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₹7 L/yr - ₹14.5 L/yr

arrow icon 131% more
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CANTABIL RETAIL INDIA Store Manager Salary

6 - 10 years exp. (3 salaries)

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₹3.7 L/yr - ₹5 L/yr

arrow icon 13% more
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Vijay Sales Store Manager Salary

18 - 20 years exp. (3 salaries)

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₹9.7 L/yr - ₹12.5 L/yr

arrow icon 187% more
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NIKE Store Manager Salary

6 - 8 years exp. (3 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 40% more
Store Manager salary at VIP Industries ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of VIP Industries.

Latest annual salaries shared by VIP Industries Store Manager in Pune

3mo ago
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6 years exp.

Experience wise VIP Industries Store Manager salaries in Pune

Last Updated: 12 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹5 L/yr

Similar Designation salaries in VIP Industries

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₹1.35 L/yr - ₹3.25 L/yr

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

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  • 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.

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  • 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.

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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

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  • 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.

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  • 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.

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VIP Industries Store Manager Salary FAQs

What is the salary of Store Manager at VIP Industries in Pune?
The average salary of a Store Manager at VIP Industries in Pune typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Store Manager in Pune at VIP Industries earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. 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 5 VIP Industries employees in India.
What is the estimated take home salary of a Store Manager at VIP Industries in Pune?
The estimated take-home salary of a Store Manager at VIP Industries in Pune typically ranges from ₹26,066 to ₹27,489 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 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 Store Manager in India?
Vijay Sales ₹9.7 Lakhs to ₹12.5 Lakhs per year
Marks & Spencer ₹7.8 Lakhs to ₹13.0 Lakhs per year
Landmark Group ₹7.0 Lakhs to ₹14.5 Lakhs per year
Reliance Smart ₹4.8 Lakhs to ₹8.0 Lakhs per year
Fabindia ₹2.4 Lakhs to ₹8.5 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 Store Manager in companies similar to VIP Industries in Pune?
The salary of a Store Manager at companies similar to VIP Industries in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NIKE ₹3.6 Lakhs to ₹6.0 Lakhs per year
CANTABIL RETAIL INDIA ₹3.7 Lakhs to ₹5.0 Lakhs per year
Wellness Forever Medicare ₹2.7 Lakhs to ₹4.6 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 Store Manager at VIP Industries in Pune?
The salary growth for a Store Manager at VIP Industries in Pune depends on factors such as experience, performance, and promotions. On average, a Store Manager in Pune can expect the following growth trajectory at VIP Industries:

Experience Average Salary Range
5 years ₹3.0 Lakhs to ₹5.8 Lakhs per year
6 years ₹1.3 Lakhs to ₹4.5 Lakhs per year
7 years ₹3.0 Lakhs to ₹6.0 Lakhs per year
8 years ₹1.4 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

VIP Industries Store Manager salary in Pune ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 VIP Industries latest salaries received from various employees of VIP Industries.