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Larsen & Toubro Limited Team Manager salaries in Mumbai

Annual salary range
8 - 12 years exp.
₹16.2 Lakhs - ₹27.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% more than the average Team Manager Salary in Engineering & Construction Companies for 8 - 12 years of experience

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Last Updated: 22 Sep 2024

Companies similar to Larsen & Toubro Limited for Team Manager in Mumbai

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Larsen & Toubro Limited Team Manager Salary

8 - 12 years exp. (7 salaries)

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₹16.2 L/yr - ₹27.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCE Team Manager Salary

7 - 9 years exp. (6 salaries)

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₹8 L/yr - ₹14.4 L/yr

arrow icon 41% less
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Saint-Gobain Team Manager Salary

6 - 10 years exp. (4 salaries)

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₹9.6 L/yr - ₹11.9 L/yr

arrow icon 51% less
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Cognizant Team Manager Salary

6 - 18 years exp. (158 salaries)

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₹7.5 L/yr - ₹25.2 L/yr

arrow icon 23% less
2 job openings
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IKS Health Team Manager Salary

3 - 12 years exp. (129 salaries)

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₹3.6 L/yr - ₹9.5 L/yr

arrow icon 69% less
1 job opening
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L&T Finance Team Manager Salary

6 - 17 years exp. (116 salaries)

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₹11 L/yr - ₹36 L/yr

arrow icon 7% more
Team Manager salary at Larsen & Toubro Limited ranges between ₹16.2 Lakhs to ₹27.5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Larsen & Toubro Limited.

Latest annual salaries shared by Larsen & Toubro Limited Team Manager in Mumbai

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11 years exp.
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10 years exp.
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9 years exp.
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12 years exp.

Experience wise Larsen & Toubro Limited Team Manager salaries in Mumbai

Last Updated: 22 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.8 L/yr
9 years (AmbitionBox Estimate)

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₹19.7 L/yr - ₹25.2 L/yr
10 years (AmbitionBox Estimate)

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₹20 L/yr - ₹25.6 L/yr
11 years (AmbitionBox Estimate)

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₹20.4 L/yr - ₹26 L/yr
12 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.4 L/yr

Similar Designation salaries in Larsen & Toubro Limited

Project Manager Salary
(66 salaries)
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₹12 L/yr - ₹40.3 L/yr
Team Lead Salary
(16 salaries)
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₹6.85 L/yr - ₹20 L/yr
Store Manager Salary
(11 salaries)
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₹12 L/yr - ₹25 L/yr
Deputy Manager Salary
(7 salaries)
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₹11.1 L/yr - ₹17 L/yr
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₹7.7 L/yr - ₹18.97 L/yr

Salary related reviews for Larsen & Toubro Limited

3.6

Rated by 8 employees for salary & benefits

Construction Equipment Business Department

4.0
  •  posted on 29 Jun 2022

2.0
 for  Salary and Benefits

Likes

...d here at L&T. Work and Life balance getting down as compared to previous years. If you sacrifice on salary & perks benefits, job security is there.

read more
  • Skill development - Good
  • +1 more

Dislikes

Salary/Appraisal, Work Life Balance

  • Salary - Poor

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 11 Dec 2024

1.0
 for  Salary and Benefits

Likes

Only salary on time

Dislikes

Works like a kindergarten school No r delayed promotion They Hold Variable component for 1 year Most of the salary component stuffed into variable High work pressure No work from home option

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Nov 2024

2.0
 for  Salary and Benefits

Likes

Work culture, work life balance is good.

  • Company culture - Good
  • +1 more

Dislikes

Poor appraisal and promotion processes. The HR team shows little concern for employees' contributions, and the management's approach to salary increments is ineffective.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 10 Oct 2023

3.0
 for  Salary and Benefits

Likes

Salary credited on due date or before due date. Big brand name. feeling proud to be associated with this organisation

read more
  • Job security - Excellent

Dislikes

the appraisal system and no exposure for warehouse people who are one of the key role player in P&L of any site

  • Skill development - Poor
  • +3 more

Full Time

 · 

Project & Program Management Department

1.0
  •  posted on 30 Aug 2022

1.0
 for  Salary and Benefits

Likes

Salary gets credited on time. Job security.

Dislikes

...countability and processes not defined properly and due this blame game happens. Very low salary growth. Highly Biased appraisal. Not for MBAs. Good for engineering graduates

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Larsen & Toubro Limited Team Manager Salary FAQs

What is the salary of Team Manager at Larsen & Toubro Limited in Mumbai?
The average salary of a Team Manager at Larsen & Toubro Limited in Mumbai typically ranges from ₹16.2 Lakhs to ₹27.5 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Team Manager in Mumbai at Larsen & Toubro Limited earn more than ₹27.5 Lakhs per year, and the top 1% earn over ₹27.5 Lakhs per year. Team Manager Salaries at Larsen & Toubro Limited 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 7 Larsen & Toubro Limited employees in India.
What is the estimated take home salary of a Team Manager at Larsen & Toubro Limited in Mumbai?
The estimated take-home salary of a Team Manager at Larsen & Toubro Limited in Mumbai typically ranges from ₹1,46,710 to ₹1,52,207 per month. This is based on the average salary range of ₹16.2 Lakhs to ₹27.5 Lakhs per year for employees with experience ranging from 8 years to 12 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 7 salaries received from various employees of Larsen & Toubro Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Larsen & Toubro Limited for Team Manager in India?
L&T Finance ₹11.0 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Larsen & Toubro Limited, depending on the role and experience level.
What is the salary of a Team Manager in companies similar to Larsen & Toubro Limited in Mumbai?
The salary of a Team Manager at companies similar to Larsen & Toubro Limited in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant ₹7.5 Lakhs to ₹25.2 Lakhs per year
TCE ₹8.0 Lakhs to ₹14.4 Lakhs per year
Saint-Gobain ₹9.6 Lakhs to ₹11.9 Lakhs per year
IKS Health ₹3.6 Lakhs to ₹9.5 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 Team Manager at Larsen & Toubro Limited in Mumbai?
The salary growth for a Team Manager at Larsen & Toubro Limited in Mumbai depends on factors such as experience, performance, and promotions. On average, a Team Manager in Mumbai can expect the following growth trajectory at Larsen & Toubro Limited:

Experience Average Salary Range
8 years ₹19.4 Lakhs to ₹24.8 Lakhs per year
9 years ₹19.7 Lakhs to ₹25.2 Lakhs per year
10 years ₹20.0 Lakhs to ₹25.6 Lakhs per year
11 years ₹20.4 Lakhs to ₹26.0 Lakhs per year
and so on.

Tell us how to improve this page.

Larsen & Toubro Limited Team Manager salary in Mumbai ranges between ₹16.2 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.