Tata Power Manager M1 Salaries by 4 Employees (Updated 2024)

12 - 19 years exp.

₹9 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

17% more than the average Manager M1 Salary in Power Companies for 12 - 19 years of experience

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Last Updated: 26 Apr 2024

Companies similar to Tata Power for Manager M1

Company name	Avg Annual Salary	Open Jobs
L&T Power Manager M1 Salary 5 - 14 years exp. (4 salaries)	₹12.4 L/yr - ₹17.3 L/yr 5% less
Adani Group Manager M1 Salary 16 - 18 years exp. (3 salaries)	₹24.8 L/yr - ₹30 L/yr 91% more
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ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	₹4.5 L/yr - ₹17 L/yr 21% less
Vodafone Idea Manager M1 Salary 1 - 14 years exp. (358 salaries)	₹4 L/yr - ₹14.5 L/yr 37% less
Axis Bank Manager M1 Salary 5 - 14 years exp. (155 salaries)	₹4.2 L/yr - ₹10.6 L/yr 41% less

Manager M1 salary at Tata Power ranges between ₹9 Lakhs to ₹18 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Power.

Experience wise Tata Power Manager M1 salaries

Last Updated: 26 Apr 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹9 L/yr
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15+ years (AmbitionBox Estimate)	₹16 L/yr - ₹18 L/yr

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Salary related reviews for Tata Power

Team Lead in Jeypore

Full Time

Energy & Mining Department

1.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

Only Salary on time.

Dislikes

Tata is only brand name and spent too many money for positive brand name. Main aim is to sucks the money from the people. Tata code of conduct is only on paper but ground reality is different.

Business Human Resource Lead in Mumbai

Full Time

Human Resources Department

3.0

• posted on 20 Sep 2024

1.0

for Salary and Benefits

Likes

Its just the brand value

Dislikes

...would be free of cost if we work there for 4 years. Else we need to buy back it. When it was time to buy back i had to pay about 50k for it. WHICH WAS ALSO NOT MENTIONED DURING INTERVIEW. The work culture is too bad. No one cares about employees.

Executive Trainee in Noida

Full Time

Sales & Business Development Department

5.0

• posted on 22 Jun 2023

5.0

for Salary and Benefits

Likes

... are so well that once you start working here it becomes difficult to switch. I am not at all exaggerating about the organization, the policies, salary, benefits apart from salary, org culture according to women, everything is too good. That is why I said inn the starting that working in this organization increased my standard.

Dislikes

I don't think that in my starting career I faced anything that becomes a dislike for me towards the organization. One must be smart enough to understand culture, people of the organization that there is no such problems created. You must be kind and gentle with everyone in the organization irrespective of your position in the organization.

Lead Engineer in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Nov 2023

1.0

for Salary and Benefits

Likes

Nothing good to say

Dislikes

Worst company to work now. All cost cutting. Worst housing policy almost 50 percentage deduction in salary if Company owned accommodation used. No salary revision. Salary only shows high with pequsite. In hand is very less. Treasts employee like labours.

Electrical Testing Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 13 Sep 2023

3.0

for Salary and Benefits

Likes

Scope of Learning is great within the company. Company officials support learning in respective departments

Dislikes

Salary hike is not upto the mark. Employees faced delayed promotions. Work life balance is poor for Operationals and Maintenance activities.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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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Tata Power Manager M1 Salary FAQs

What is the salary of Manager M1 at Tata Power?

Manager M1 salary at Tata Power in India ranges between ₹9.0 Lakhs to ₹18.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 17% more than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata Power India.

How does the salary of a Manager M1 at Tata Power India compare with the average salary range for this job?

The average salary of a Manager M1 at Tata Power is 17% more than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tata Power to a Manager M1 in India?

Adani Group Manager M1 Salary - ₹24.8 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Manager M1 in companies similar to Tata Power in India?

L&T Power Manager M1 Salary - ₹12.4 Lakhs to ₹17.3 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
Vodafone Idea Manager M1 Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹10.6 Lakhs per year

What is the estimated take home salary of a Manager M1 at Tata Power in India?

The estimated take-home salary of a Manager M1 at Tata Power ranges between ₹93,294 per month to ₹95,799 per month in India. The take-home salary calculation is based on the average Tata Power Manager M1 salary in India which ranges between ₹9.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Tata Power?

According to AmbitionBox, 50% of the Tata Power Manager M1s reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Tata Power Manager M1 Salaries

Tata Power Manager M1 salary in India ranges between ₹9 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Power latest salaries received from various employees of Tata Power.