Thermax Limited Assistant Manager Salaries by 200+ Employees (Updated 2025)

6 - 16 years exp.

₹5.8 Lakhs - ₹16 Lakhs

Salary of majority employees

36% more than the average Assistant Manager Salary in Industrial Machinery Companies for 6 - 16 years of experience

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Salaries in different departments

Procurement & Supply Chain Assistant Manager Salary 7 - 15 years exp. (51 salaries)	₹6 L/yr - ₹15 L/yr
Research & Development Assistant Manager Salary 6 - 15 years exp. (48 salaries)	₹6 L/yr - ₹16 L/yr
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Production, Manufacturing & Engineering Assistant Manager Salary 8 - 16 years exp. (33 salaries)	₹6.6 L/yr - ₹16 L/yr
Project & Program Management Assistant Manager Salary 8 - 15 years exp. (31 salaries)	₹6 L/yr - ₹15.8 L/yr
Construction & Site Engineering Assistant Manager Salary 7 - 16 years exp. (31 salaries)	₹7 L/yr - ₹16 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Thermax Limited for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Assistant Manager Salary 2 - 19 years exp. (4.2k salaries)	₹5 L/yr - ₹18.1 L/yr 7% more	1 job opening
Siemens Assistant Manager Salary 6 - 15 years exp. (76 salaries)	₹4.7 L/yr - ₹14 L/yr 18% less
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Johnson Controls Assistant Manager Salary 4 - 13 years exp. (1.3k salaries)	₹4.5 L/yr - ₹11.4 L/yr 29% less	2 job openings
Kirloskar Brothers Assistant Manager Salary 1 - 10 years exp. (417 salaries)	₹2.8 L/yr - ₹9.1 L/yr 49% less
CG Power and Industrial Solutions Assistant Manager Salary 2 - 10 years exp. (37 salaries)	₹5 L/yr - ₹12 L/yr 29% less
BHEL Assistant Manager Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹8.9 L/yr 55% less
ABB Assistant Manager Salary 8 - 16 years exp. (99 salaries)	₹6.5 L/yr - ₹21 L/yr 19% more
Voltas Assistant Manager Salary 1 - 16 years exp. (448 salaries)	₹4 L/yr - ₹16.6 L/yr 17% less	1 job opening
Blue Star Assistant Manager Salary 3 - 14 years exp. (781 salaries)	₹5 L/yr - ₹17 L/yr 2% less
KSB Limited - Irrigation & Process Division (IPD) Assistant Manager Salary 2 - 13 years exp. (283 salaries)	₹5.5 L/yr - ₹13 L/yr 25% less

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Assistant Manager salary at Thermax Limited ranges between ₹5.8 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 281 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Assistant Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹6 L/yr - ₹10.2 L/yr
7 years (9 salaries)	₹8.1 L/yr - ₹11.5 L/yr
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8 years (30 salaries)	₹6.5 L/yr - ₹13 L/yr
9 years (35 salaries)	₹6 L/yr - ₹13.8 L/yr
10 years (48 salaries)	₹5.8 L/yr - ₹15 L/yr
11 years (36 salaries)	₹6 L/yr - ₹14 L/yr
12 years (37 salaries)	₹7.2 L/yr - ₹15.1 L/yr
13 years (35 salaries)	₹7.2 L/yr - ₹15.8 L/yr
14 years (27 salaries)	₹7.5 L/yr - ₹16 L/yr
15+ years (20 salaries)	₹8.7 L/yr - ₹16 L/yr

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From

Assistant Manager

₹

Lakhs/yr

6 - 16 years exp.

Associate Manager

₹

Lakhs/yr

14 - 22 years exp.

Assistant Manager 6 - 16 years exp.

Deputy Manager 11 - 21 years exp.

32% hike

Associate Manager 14 - 22 years exp.

10% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Thermax Limited

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(AmbitionBox Estimate)

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Department Manager Salary

(AmbitionBox Estimate)

₹15.1 L/yr - ₹19.3 L/yr

Operations Manager Salary

(17 salaries)

₹4.6 L/yr - ₹14.6 L/yr

Team Manager Salary

(5 salaries)

₹12 L/yr - ₹25 L/yr

Store Manager Salary

(6 salaries)

₹4.8 L/yr - ₹14.98 L/yr

Deputy Manager Salary

(144 salaries)

₹7 L/yr - ₹20.1 L/yr

Sales Manager Salary

(27 salaries)

₹6.85 L/yr - ₹20 L/yr

Senior Officer Salary

(7 salaries)

₹3.6 L/yr - ₹5.67 L/yr

Team Lead Salary

(18 salaries)

₹6.8 L/yr - ₹20 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for Thermax Limited

3.1

Rated by 71 employees for salary & benefits

Assistant Manager in Pune

Full Time

WWS Department

5.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

Thermax is great place to work. It is very professional organisations & providing all opportunity to develop individual in personal & career point of view.

Salary - Good

+4 more

Dislikes

Compensation is average as compared to work load.

Assistant Manager in PAN India

Full Time

Sales & Business Development Department

4.0

• posted on 15 Jan 2022

3.0

for Salary and Benefits

Likes

Pros: Job security, work culture, management, company policies, learning and growth opportunities, IJP's, work life balance, daily allowances, incentives, travel policy, team outings, annual meet.

Skill development - Excellent

+5 more

Dislikes

Compensation (annual increments)

Assistant Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 17 Jan 2019

3.0

for Salary and Benefits

Likes

Overall work culture and integrity of the organisation opportunities within division

Skill development - Excellent

+5 more

Dislikes

Underpaid employees leads to dissatisfaction related to personal compensation. Nothing negative in the organisation apart from unfair compensation practices!!!

Team Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Jun 2024

2.0

for Salary and Benefits

Likes

Company is very good and culture is good, love to work here. Best company to work.

Skill development - Excellent

+4 more

Dislikes

Employee are underpaid compared to other companies. Incentives and bonus are not depends on your work and performance, it depends on your boss and HR. Everything depends on your boss, if your boss is good company is good if boss is bad then company is bad. We have not option to complaint about our Manager/Boss due to job security, increment, incentive, bonus is depends on your reporting manager. Increment is very less. Performance based increment and promotion are not given.

Salary - Poor

+1 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Thermax Limited Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Thermax Limited?

Assistant Manager salary at Thermax Limited in India ranges between ₹5.8 Lakhs to ₹16.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 36% more than the average Assistant Manager Salary in India. Salary estimates are based on 281 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Assistant Manager at Thermax Limited India compare with the average salary range for this job?

The average salary of a Assistant Manager at Thermax Limited is 36% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Assistant Manager in India?

Flowserve Assistant Manager Salary - ₹12.5 Lakhs to ₹26.0 Lakhs per year
Atlas Copco Assistant Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
Epiroc Assistant Manager Salary - ₹10.0 Lakhs to ₹20.5 Lakhs per year
EMERSON PROCESS MANAGEMENT Assistant Manager Salary - ₹8.0 Lakhs to ₹21.2 Lakhs per year
KONE Assistant Manager Salary - ₹6.3 Lakhs to ₹19.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Thermax Limited in India?

ABB Assistant Manager Salary - ₹6.5 Lakhs to ₹21.0 Lakhs per year
Timken Assistant Manager Salary - ₹5.8 Lakhs to ₹21.8 Lakhs per year
Danfoss Industries Assistant Manager Salary - ₹7.5 Lakhs to ₹18.0 Lakhs per year
Stanley Black & Decker Assistant Manager Salary - ₹6.5 Lakhs to ₹18.8 Lakhs per year
John Deere Assistant Manager Salary - ₹5.4 Lakhs to ₹19.2 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Thermax Limited in India?

The estimated take-home salary of a Assistant Manager at Thermax Limited ranges between ₹82,053 per month to ₹84,194 per month in India. The take-home salary calculation is based on the average Thermax Limited Assistant Manager salary in India which ranges between ₹5.8 Lakhs to ₹16.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Thermax Limited?

According to AmbitionBox, 60% of the Thermax Limited Assistant Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 167 responses on AmbitionBox in last 2 years.

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Thermax Limited Assistant Manager Salaries

Thermax Limited Assistant Manager salary in India ranges between ₹5.8 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 281 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Assistant Manager salaries in India (Updated 2025)

Companies similar to Thermax Limited for Assistant Manager

Latest annual salaries shared by Thermax Limited Assistant Manager

Experience wise Thermax Limited Assistant Manager salaries

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Assistant Manager in Pune

Assistant Manager in PAN India

Assistant Manager in Mumbai

Team Manager in Pune

Deputy Manager in Pune

Thermax Limited Assistant Manager Salary FAQs

Tell us how to improve this page.

Thermax Limited Assistant Manager Salaries by Location