Larsen & Toubro Limited Mumbai Team Manager Salaries by 7 Employees

8 - 12 years exp.

₹16.2 Lakhs - ₹27.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% 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

Larsen & Toubro Limited Team Manager Salary

8 - 12 years exp. (7 salaries)

₹16.2 L/yr - ₹27.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TCE Team Manager Salary 7 - 9 years exp. (6 salaries)	₹8 L/yr - ₹14.4 L/yr 41% less
Saint-Gobain Team Manager Salary 6 - 10 years exp. (4 salaries)	₹9.6 L/yr - ₹11.9 L/yr 51% less
Login to view exact salary
Cognizant Team Manager Salary 6 - 18 years exp. (158 salaries)	₹7.5 L/yr - ₹32 L/yr 22% less	1 job opening
IKS Health Team Manager Salary 3 - 13 years exp. (130 salaries)	₹3.3 L/yr - ₹9.5 L/yr 69% less
L&T Finance Team Manager Salary 1 - 17 years exp. (127 salaries)	₹12.1 L/yr - ₹40 L/yr 4% 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.

Experience wise Larsen & Toubro Limited Team Manager salaries in Mumbai

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.8 L/yr
9 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
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10 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
11 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr
12 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.4 L/yr

Similar Designation salaries in Larsen & Toubro Limited

Project Manager Salary

(65 salaries)

₹12 L/yr - ₹40.3 L/yr

Team Lead Salary

(16 salaries)

₹6.85 L/yr - ₹20 L/yr

Store Manager Salary

(11 salaries)

₹12 L/yr - ₹25 L/yr

Deputy Manager Salary

(7 salaries)

₹11.1 L/yr - ₹17 L/yr

Operations Manager Salary

(4 salaries)

₹7.7 L/yr - ₹18.97 L/yr

Salary related reviews for Larsen & Toubro Limited

3.6

Rated by 8 employees for salary & benefits

Team Manager in Raipur

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.

Skill development - Good

+1 more

Dislikes

Salary/Appraisal, Work Life Balance

Salary - Poor

Program Manager in Coimbatore

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

Salary - Bad

+6 more

Senior Associate in Pune

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.

Salary - Poor

+3 more

Store Manager in New Delhi

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

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

Project Manager in New Delhi

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

Salary - Bad

+5 more

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What people are saying about Larsen & Toubro Limited

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a legal consultant

Seeking Referral

Hi everyone, I’m currently exploring new career opportunities and would greatly appreciate a referral at any of the following companies: Google Larsen & Toubro (L&T) Boston Consulting Group (BCG) GMR Group Clifford Chance If you’re an employee at any of these organizations or know someone who could help, I’d be grateful for your support. Please feel free to reach out, and I’d be happy to share my resume and details.

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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

₹12.1 Lakhs to ₹40.0 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 ₹32.0 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	₹3.3 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.

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Larsen & Toubro Limited Team Manager Salaries in Mumbai

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