L&T–MHI Power Boilers Store Manager Salaries by 2 Employees (Updated 2024)

4 - 22 years exp.

₹22.3 Lakhs - ₹28.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 24 Nov 2024

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

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Hyundai Construction Equipment Store Manager Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 86% less

Store Manager salary at L&T–MHI Power Boilers ranges between ₹22.3 Lakhs to ₹28.5 Lakhs per year for employees with experience between 4 years to 22 years. Salary estimates are based on 2 latest salaries received from various employees of L&T–MHI Power Boilers.

Similar Designation salaries in L&T–MHI Power Boilers

Sales Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.4 L/yr

Assistant Store Manager Salary

(4 salaries)

₹9.8 L/yr - ₹11.6 L/yr

Supervisor Salary

(5 salaries)

₹1.8 L/yr - ₹5.8 L/yr

Salary related reviews for L&T–MHI Power Boilers

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.

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.

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.

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

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

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.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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L&T–MHI Power Boilers Store Manager Salary FAQs

What is the notice period for Store Manager at L&T–MHI Power Boilers?

According to AmbitionBox, 100% of the L&T–MHI Power Boilers Store Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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L&T–MHI Power Boilers Store Manager Salaries

L&T–MHI Power Boilers Store Manager salary in India ranges between ₹22.3 Lakhs to ₹28.5 Lakhs. This is an estimate based on latest salaries received from employees of L&T–MHI Power Boilers.