BSE India Ltd.: 542337

How many employees work at Spencer's Retail?

Spencer's Retail Ltd. (542337) has approximately 1,931 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Spencer's Retail's total headcount has declined 12.9% from 2,217 employees in 2023 to 1,931 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026

Spencer's Retail is hiring

Is Spencer's Retail hiring right now?

Yes, Spencer's Retail is actively hiring. Spencer's Retail had 5 active job postings in 2026, a 133.3% increase from 2025 see job openings & hiring trends.

About Spencer's Retail's Workforce

Spencer's Retail Ltd. (542337) is an Apparel Retail company that employs 1,931 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1863, the company is headquartered in Kolkata, India and trades on the BSE India Ltd..

Spencer's Retail's workforce has declined 12.9% from 2023 to 2026, down 1.2% year over year in 2026. It fell to a low of 1,920 in 2025 Q4 before recovering. Its workforce is concentrated most in India (97.1%), followed by the United States (2.0%) and the United Arab Emirates (0.2%), with the United States, its fastest-growing location.

Spencer's Retail's largest functional groups are Engineering (39.9%), Finance and Operations (38.0%), and Sales and Marketing (22.0%). Median employee tenure is 3.9 years. The average salary is $7,304, ranging from a median of $60,000 in Northern Europe to $5,000 in Southern Asia.

Spencer's Retail's active job postings rose 133.3% in 2026 to 5. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

As of March 2026

Spencer's Retail
workforce metrics

Headcount

1.9k

1.2% YoY

Avg. Salary

$7.3k

1.8% YoY

Tenure

3.9yr

0.1yr YoY

Growth Rate

-1.2%

6.4pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Spencer's Retail annual worldwide employee count from 2023 to 2026.
  • Spencer's Retail had 1,931 employees in 2026, a 1.2% decline (-24) from 2025.
  • Spencer's Retail had 1,920 employees in 2025, a 2.2% decline (-42) from 2024.
  • Spencer's Retail had 1,962 employees in 2024, a 10.9% decline (-226) from 2023.
  • Spencer's Retail had 2,188 employees in 2023, a 2.2% decline (-49) from 2022.

Spencer's Retail's total workforce has grown from 1,920 employees in 2025 to 1,931 in 2026. Spencer's Retail's headcount peaked at 2,217 in 2023 before declining in 2025 and recovering through 2026.

Spencer's Retail Ltd. — quarterly employee count (20232026)

YearQtrEmployeesYoY ChangeYoY %
2026Q11,931-24-1.2%
2025Q41,920-42-2.2%
2025Q31,951-49-2.5%
2025Q21,974-119-5.9%
2025Q11,955-156-7.6%
2024Q41,962-226-10.9%
2024Q32,000-211-10.0%
2024Q22,093-124-5.8%
2024Q12,111-119-5.5%
2023Q42,188-49-2.2%
2023Q32,211-35-1.6%
2023Q22,217-39-1.7%

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India accounts for the largest share of Spencer's Retail's global workforce with approximately 97% of total employees, followed by the United States and the United Arab Emirates.

Spencer's Retail employees by country — 2026

CountryEmployees% of TotalYoY %
India1,87397.1%-1.3%
United States392.0%+0.0%
United Arab Emirates40.2%+0.0%
United Kingdom30.2%+0.0%
Canada30.2%-21.0%
Pakistan30.1%+0.0%
Indonesia20.1%-38.8%
Chile10.1%+0.0%
Spain00.0%+0.0%
Tunisia00.0%+0.0%

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Spencer's Retail's largest employee groups are Engineering (39.9%), Finance and Operations (38.0%), and Sales and Marketing (22.0%).

Spencer's Retail employees by department — 2026

DepartmentEmployees% of TotalYoY %
Engineering75139.9%-2.6%
Finance and Operations71538.0%-1.1%
Sales and Marketing41522.0%+0.3%

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Spencer's Retail's average employee salary is $7,304 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 8.2x the global average. Pay is lowest in Southern Asia, at a median of $5,000.

Spencer's Retail median employee salary by region — 2026 (USD)

RegionMedian Salary
Northern Europe$60,000
Northern America$44,000
Arab States$21,000
Southern Asia$5,000

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Interactive chart of Spencer's Retail annual active job postings from 2023 to 2026.
  • Spencer's Retail had 5 active job postings in 2026, a 133.3% increase (-2) from 2025.
  • Spencer's Retail had 7 active job postings in 2025, a 80.0% increase (+4) from 2024.
  • Spencer's Retail had 3 active job postings in 2024, a 100.0% increase (+2) from 2023.
  • Spencer's Retail had 1 active job postings in 2023, a 100.0% decline from 2022.
  • Hiring velocity in 2026: 4 new roles/month, up from 2 in 2025 and 2 in 2024. New metric

Spencer's Retail's active job postings rose 133.3% in 2026 to 5.

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Revelio Labs tracks employee sentiment across Spencer's Retail's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.

Overall

NegativePositive

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How fast is Spencer's Retail growing?
In 2026, Spencer's Retail's headcount shrank 1.2% to 1,931 employees, down from 1,955 in 2025.
Where are Spencer's Retail employees located?
Most Spencer's Retail employees are based in India (97.1% of headcount), followed by the United States and the United Arab Emirates.
What is the average salary at Spencer's Retail?
The average employee salary at Spencer's Retail is approximately $7.3k per year.
How many people does Spencer's Retail hire per year?
In 2026, Spencer's Retail opened roughly 48 new roles — about 4 per month.
When was Spencer's Retail founded and where is it headquartered?
Spencer's Retail was founded in 1863 and is headquartered in Kolkata, India.

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