Indian Energy Exchange IT Manager Salaries by 4 Employees

9 - 18 years exp.

₹14.1 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹16.3 Lakhs

Variable (10%)

₹1.8 Lakh

30% more than the average IT Manager Salary in Power Companies for 9 - 18 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 9 - 15 years exp. (AmbitionBox Estimate)	₹14.1 L/yr - ₹19.5 L/yr
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Administration & Facilities IT Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹17.5 L/yr - ₹21.4 L/yr

Last Updated: 22 Sep 2024

Companies similar to Indian Energy Exchange for IT Manager

Company name	Avg Annual Salary	Open Jobs
Multi Commodity Exchange of India IT Manager Salary 8 - 20 years exp. (4 salaries)	₹7.8 L/yr - ₹18.2 L/yr 20% less
National Stock Exchange of India IT Manager Salary 8 - 15 years exp. (4 salaries)	₹18 L/yr - ₹24 L/yr 17% more
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Bombay Stock Exchange IT Manager Salary 11 - 17 years exp. (3 salaries)	₹14.6 L/yr - ₹22.9 L/yr 6% more
Tata Power IT Manager Salary 0 - 16 years exp. (4 salaries)	₹20.1 L/yr - ₹24 L/yr 31% more
Reliance Power IT Manager Salary 9 - 12 years exp. (5 salaries)	₹8 L/yr - ₹11 L/yr 48% less
Eaton IT Manager Salary 14 - 20 years exp. (8 salaries)	₹36 L/yr - ₹51 L/yr 139% more
Torrent Power IT Manager Salary 7 - 20 years exp. (7 salaries)	₹3.8 L/yr - ₹16 L/yr 49% less
Adani Group IT Manager Salary 7 - 16 years exp. (7 salaries)	₹9 L/yr - ₹28 L/yr 2% less
L&T Power IT Manager Salary 1 - 23 years exp. (3 salaries)	₹10.1 L/yr - ₹21.1 L/yr 14% less
Enphase Energy IT Manager Salary 15 years exp. (3 salaries)	₹20 L/yr - ₹25 L/yr 29% more

IT Manager salary at Indian Energy Exchange ranges between ₹14.1 Lakhs to ₹19.5 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Energy Exchange.

Experience wise Indian Energy Exchange IT Manager salaries

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
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15+ years (3 salaries)	₹17.5 L/yr - ₹22.4 L/yr

Similar Designation salaries in Indian Energy Exchange

Deputy Manager Salary

(32 salaries)

₹7.35 L/yr - ₹19.5 L/yr

Project Manager Salary

(5 salaries)

₹20.8 L/yr - ₹28 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹23 L/yr - ₹29.3 L/yr

Devops Engineer Salary

(3 salaries)

₹8 L/yr - ₹10 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

System Engineer Salary

(5 salaries)

₹4 L/yr - ₹7.1 L/yr

Software Engineer Salary

(17 salaries)

₹4 L/yr - ₹5.48 L/yr

Software Developer Salary

(4 salaries)

₹4 L/yr - ₹5.5 L/yr

System Administrator Salary

(5 salaries)

₹6.85 L/yr - ₹9.1 L/yr

Senior Software Engineer Salary

(10 salaries)

₹4.8 L/yr - ₹7.68 L/yr

Salary related reviews for Indian Energy Exchange

Project Lead- Development in Mumbai

Full Time

Other Department

3.0

• posted on 31 Jul 2022

2.0

for Salary and Benefits

Likes

Business or Domain of Power Exchange

Job security - Good

Dislikes

...ing option after certain period or designation. Not used latest technologies. Salary structure not as per market standard.

Salary - Poor

+2 more

Security Supervisor in New Delhi

Security Services Department

5.0

• posted on 19 Jul 2020

5.0

for Salary and Benefits

Likes

I am a proud employee of this company.During lockdown,IEX provided me the salary of three months without working even for a single day.Even ,after lockdown,it is giving its employees the salary of 15 days without working i.e.we are giving 15days paid leave.I love the work culture of this company.

Salary - Excellent

+6 more

Project Development Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Tea at your desk. Leaves can be taken

Dislikes

There are lot of things that are already mentioned above. Fake PIP programs to fire people when is already decided. Favoritism at the top.Poor IT infrastructure. No software life cycle is exercised. Hopeless Management

Skill development - Poor

+5 more

Senior Executive in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Jan 2023

1.0

for Salary and Benefits

Likes

Everything is pathetic.

Work-life balance - Good

Dislikes

Extremely toxic and disrespectful work culture upto the top management . Favours the toxic people. No structured training program which creates a lot of stress on the trainee.

Salary - Bad

+5 more

Junior Business Analyst in Mumbai

Data Science & Analytics Department

2.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

In The development team, u will find more learning and good work culture rest in all the teams u will find bad work politics

Job security - Good

Dislikes

The work culture is very bad,u will find bad work politics. The work culture is not good. Even if you work late u have to be in office tom by 10 Orelse half day. No compoffs if you work on sat and Sun. And u will be called to work on sat and sun.

Promotions - Poor

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Indian Energy Exchange IT Manager Salary FAQs

What is the salary of IT Manager at Indian Energy Exchange ?

The average salary of a IT Manager at Indian Energy Exchange in India typically ranges from ₹14.1 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of IT Manager at Indian Energy Exchange earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. IT Manager Salaries at Indian Energy Exchange 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 Indian Energy Exchange employees in India.

What is the estimated take home salary of a IT Manager at Indian Energy Exchange in India?

The estimated take-home salary of a IT Manager at Indian Energy Exchange in India typically ranges from ₹1,21,663 to ₹1,25,142 per month. This is based on the average salary range of ₹14.1 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 9 years to 18 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 Indian Energy Exchange. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Energy Exchange for IT Manager in India?

Eaton	₹36.0 Lakhs to ₹51.0 Lakhs per year
Tata Power	₹20.1 Lakhs to ₹24.0 Lakhs per year
Enphase Energy	₹20.0 Lakhs to ₹25.0 Lakhs per year
National Stock Exchange of India	₹18.0 Lakhs to ₹24.0 Lakhs per year
Bombay Stock Exchange	₹14.6 Lakhs to ₹22.9 Lakhs per year

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

What is the salary of a IT Manager in companies similar to Indian Energy Exchange in India?

The salary of a IT Manager at companies similar to Indian Energy Exchange in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Adani Group	₹9.0 Lakhs to ₹28.0 Lakhs per year
L&T Power	₹10.1 Lakhs to ₹21.1 Lakhs per year
Multi Commodity Exchange of India	₹7.8 Lakhs to ₹18.2 Lakhs per year
Reliance Power	₹8.0 Lakhs to ₹11.0 Lakhs per year
Torrent Power	₹3.8 Lakhs to ₹16.0 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 IT Manager at Indian Energy Exchange in India?

The salary growth for a IT Manager at Indian Energy Exchange depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at Indian Energy Exchange:

Experience	Average Salary Range
9 years	₹12.6 Lakhs to ₹16.2 Lakhs per year
15 years	₹17.5 Lakhs to ₹22.4 Lakhs per year

and so on.

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Indian Energy Exchange IT Manager Salaries

Indian Energy Exchange IT Manager salary in India ranges between ₹14.1 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Energy Exchange latest salaries received from various employees of Indian Energy Exchange.