L&T–MHI Power Boilers New Delhi Manager Salaries by 10+ Employees

12 - 17 years exp.

₹14 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% more than the average Manager Salary in Industrial Machinery Companies for 12 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA Manager Salary 12 - 15 years exp. (3 salaries)	₹20.1 L/yr - ₹25 L/yr
Finance & Accounting Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹20 L/yr
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Construction & Site Engineering Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹20.7 L/yr
Energy & Mining Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹20.1 L/yr
Project & Program Management Manager Salary 17 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹20.2 L/yr

Last Updated: 4 May 2024

Companies similar to L&T–MHI Power Boilers for Manager in New Delhi

L&T–MHI Power Boilers Manager Salary

12 - 17 years exp. (13 salaries)

₹14 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Toshiba Manager Salary 10 - 18 years exp. (3 salaries)	₹9 L/yr - ₹34 L/yr 1% more
Motherson Techno Tools Manager Salary 20 - 23 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 19% less
Login to view exact salary
Genpact Manager Salary 4 - 20 years exp. (1.9k salaries)	₹5.7 L/yr - ₹22 L/yr 31% less	2 job openings
HDFC Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.2 L/yr - ₹17 L/yr 52% less
Ernst & Young Manager Salary 4 - 18 years exp. (1.1k salaries)	₹15.1 L/yr - ₹46 L/yr 48% more	88 job openings

Manager salary at L&T–MHI Power Boilers ranges between ₹14 Lakhs to ₹25 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of L&T–MHI Power Boilers.

Experience wise L&T–MHI Power Boilers Manager salaries in New Delhi

Last Updated: 4 May 2024

Experience	Avg Annual Salary
12 years (3 salaries)	₹14 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
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14 years (4 salaries)	₹14 L/yr - ₹25 L/yr
15+ years (4 salaries)	₹15 L/yr - ₹22 L/yr

Similar Designation salaries in L&T–MHI Power Boilers

Deputy General Manager Salary

(3 salaries)

₹23 L/yr - ₹27.4 L/yr

Salary related reviews for L&T–MHI Power Boilers

4.0

Rated by 1 employees for salary & benefits

Assistant Manager in Faridabad

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.

Job security - Good

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.

Work-life balance - Poor

Senior Quality Engineer in Surat

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

Dislikes

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

Salary - Bad

+5 more

Supervisor(qc Engineer) in Hazira

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

Salary - Excellent

+6 more

Dislikes

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

Shop Supervisor

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.

Dislikes

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

Salary - Bad

+6 more

Senior Engineer in Hazira

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.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T–MHI Power Boilers Manager Salary FAQs

What is the salary of Manager at L&T–MHI Power Boilers in New Delhi?

The average salary of a Manager at L&T–MHI Power Boilers in New Delhi typically ranges from ₹14.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Manager in New Delhi at L&T–MHI Power Boilers earn more than ₹22.6 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Manager Salaries at L&T–MHI Power Boilers 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 10+ L&T–MHI Power Boilers employees in India.

What is the estimated take home salary of a Manager at L&T–MHI Power Boilers in New Delhi?

The estimated take-home salary of a Manager at L&T–MHI Power Boilers in New Delhi typically ranges from ₹1,31,162 to ₹1,35,904 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 12 years to 17 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 10+ salaries received from various employees of L&T–MHI Power Boilers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T–MHI Power Boilers for Manager in India?

Ernst & Young	₹15.1 Lakhs to ₹46.0 Lakhs per year
Toshiba	₹9.0 Lakhs to ₹34.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T–MHI Power Boilers, depending on the role and experience level.

What is the salary of a Manager in companies similar to L&T–MHI Power Boilers in New Delhi?

The salary of a Manager at companies similar to L&T–MHI Power Boilers in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motherson Techno Tools	₹14.5 Lakhs to ₹18.0 Lakhs per year
Genpact	₹5.7 Lakhs to ₹22.0 Lakhs per year
HDFC Bank	₹5.2 Lakhs to ₹17.0 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 Manager at L&T–MHI Power Boilers in New Delhi?

The salary growth for a Manager at L&T–MHI Power Boilers in New Delhi depends on factors such as experience, performance, and promotions. On average, a Manager in New Delhi can expect the following growth trajectory at L&T–MHI Power Boilers:

Experience	Average Salary Range
12 years	₹14.0 Lakhs to ₹22.0 Lakhs per year
13 years	₹17.6 Lakhs to ₹22.5 Lakhs per year
14 years	₹14.0 Lakhs to ₹25.0 Lakhs per year
15 years	₹15.0 Lakhs to ₹22.0 Lakhs per year

and so on.

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L&T–MHI Power Boilers Manager Salaries in New Delhi

L&T–MHI Power Boilers Manager salary in New Delhi ranges between ₹14 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.