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L&T–MHI Power Boilers Assistant Store Manager salaries in India

Annual salary range
12 - 23 years exp.
₹9.8 Lakhs - ₹11.6 Lakhs
Salary of majority employees
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135% more than the average Assistant Store Manager Salary in Industrial Machinery Companies for 12 - 23 years of experience

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Salaries in different departments

Procurement & Supply Chain
Assistant Store Manager Salary
22 - 23 years exp. (AmbitionBox Estimate)
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₹10.4 L/yr - ₹12.8 L/yr

Production, Manufacturing & Engineering
Assistant Store Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹8.8 L/yr - ₹10.8 L/yr

Last Updated: 2 Oct 2024

Companies similar to L&T–MHI Power Boilers for Assistant Store Manager

Company name Avg Annual Salary Open Jobs
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KK Spun Pipes Assistant Store Manager Salary

5 - 16 years exp. (4 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 62% less
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₹1.8 L/yr - ₹6 L/yr

arrow icon 68% less
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Reliance Retail Assistant Store Manager Salary

1 - 18 years exp. (1.2k salaries)

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₹1.7 L/yr - ₹9 L/yr

arrow icon 51% less
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Vishal Mega Mart Assistant Store Manager Salary

5 - 16 years exp. (576 salaries)

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₹3.7 L/yr - ₹6.6 L/yr

arrow icon 53% less
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DMart Assistant Store Manager Salary

3 - 16 years exp. (462 salaries)

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₹4 L/yr - ₹11 L/yr

arrow icon 31% less
Assistant Store Manager salary at L&T–MHI Power Boilers ranges between ₹9.8 Lakhs to ₹11.6 Lakhs per year for employees with experience between 12 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of L&T–MHI Power Boilers.

Latest annual salaries shared by L&T–MHI Power Boilers Assistant Store Manager

2mo ago
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12 years exp.
6mo ago
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23 years exp.
1y ago
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22 years exp.

Experience wise L&T–MHI Power Boilers Assistant Store Manager salaries

Last Updated: 2 Oct 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr
15+ years  (3 salaries)

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₹10.4 L/yr - ₹13.3 L/yr

Similar Designation salaries in L&T–MHI Power Boilers

Store Manager Salary
(AmbitionBox Estimate)
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₹22.3 L/yr - ₹28.5 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.4 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Supervisor Salary
(5 salaries)
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₹1.8 L/yr - ₹5.8 L/yr

Salary related reviews for L&T–MHI Power Boilers

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

3.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

It is part of L&T group. Job security is somewhat better than other companies.

Dislikes

Salary is average. Appraisal is not fair. Work is not fairly distributed among teams. Some teams have very high load while for some no work. The department have more work are given less manpower and department where less work is there, people are sitting idle there.

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Quality Assurance Department

1.0
  •  posted on 01 Nov 2020

1.0
 for  Salary and Benefits

Likes

Nothing, pressure to work from home. All extra benefits deducted from salary and work in mobile. Very bad culture. There is no future. Overall third class Management and rules

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Dislikes

Not timely given promotion and other benefits. Not salary revision from last 10 years. Only show case they good company in country.

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Welding Department

5.0
  •  posted on 26 May 2022

5.0
 for  Salary and Benefits

Likes

L&t mhi is very good company,sequirity very tight,work culture indian devorional,company safety first number in india

Dislikes

There is a lot of politics nd the management dosent address our issues,salary is good,nd career growth is high

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Production Department

1.0
  •  posted on 05 Oct 2019

1.0
 for  Salary and Benefits

Likes

Management have no reason for cost cutting, No Career, No bright future, You may lost your job without any reason.

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Dislikes

permanent but you might be lost your job any time without any reason or in cost cutting, management is very strict

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Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 15 Aug 2024

1.0
 for  Salary and Benefits

Likes

Work life balance. Safety culture.

Dislikes

1. **Unpredictable HR Policy**: The HR policies are inconsistent and difficult to anticipate. 2. **Unfair Appraisal System**: The system used to evaluate employee performance is perceived as unfair. 3. **Anti-Employee Benefits Culture**: The HR culture appears to be discouraging towards employee benefits. 4. **Inconsistent Appraisal Rules within the Same Cadre**: Despite being in the same role and with similar experience, employees are subject to different appraisal rules. 5. **PLR Discrepancies**: Even with the same experience and rating, one employee may receive a significantly lower PLR (Performance Linked Reward) than another, with discrepancies ranging from ₹20,000 to ₹90,000. 6. **Different Allowances for Same Work: Employees within the same department, performing the same work, are receiving different allowances.

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L&T–MHI Power Boilers Assistant Store Manager Salary FAQs

What is the salary of Assistant Store Manager at L&T–MHI Power Boilers?
Assistant Store Manager salary at L&T–MHI Power Boilers in India ranges between ₹9.8 Lakhs to ₹11.6 Lakhs for experience between 12 years to 23 years. According to our estimates it is 135% more than the average Assistant Store Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T–MHI Power Boilers India.
How does the salary of a Assistant Store Manager at L&T–MHI Power Boilers India compare with the average salary range for this job?
The average salary of a Assistant Store Manager at L&T–MHI Power Boilers is 135% more than the average salary of a Assistant Store Manager in India. To know exact salary insights, login to view.
What is the salary of a Assistant Store Manager in companies similar to L&T–MHI Power Boilers in India?
  • DMart Assistant Store Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
  • Reliance Retail Assistant Store Manager Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
  • Vishal Mega Mart Assistant Store Manager Salary - ₹3.7 Lakhs to ₹6.6 Lakhs per year
  • KK Spun Pipes Assistant Store Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
  • Gilbarco Veeder Root Assistant Store Manager Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Assistant Store Manager at L&T–MHI Power Boilers in India?
The estimated take-home salary of a Assistant Store Manager at L&T–MHI Power Boilers ranges between ₹79,743 per month to ₹81,818 per month in India. The take-home salary calculation is based on the average L&T–MHI Power Boilers Assistant Store Manager salary in India which ranges between ₹9.8 Lakhs to ₹11.6 Lakhs per year for employees with experience between 12 years to 23 years. Check how did we calculate take home salary?
What is the notice period for Assistant Store Manager at L&T–MHI Power Boilers?
According to AmbitionBox, 67% of the L&T–MHI Power Boilers Assistant Store Managers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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L&T–MHI Power Boilers Assistant Store Manager salary in India ranges between ₹9.8 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.