Thermax Limited Assistant Manager Materials Salaries by 8 Employees (Updated 2025)

10 - 16 years exp.

₹7.1 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Assistant Manager Materials Salary in Industrial Machinery Companies for 10 - 16 years of experience

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Last Updated: 10 Jan 2024

Companies similar to Thermax Limited for Assistant Manager Materials

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Assistant Manager Materials Salary 12 - 16 years exp. (3 salaries)	₹8.6 L/yr - ₹12 L/yr 2% less
Voltas Assistant Manager Materials Salary 8 - 15 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 16% less
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Blue Star Assistant Manager Materials Salary 11 - 16 years exp. (3 salaries)	₹11.9 L/yr - ₹14.7 L/yr 41% more
Wipro Infrastructure Engineering Assistant Manager Materials Salary 6 - 16 years exp. (7 salaries)	₹6.2 L/yr - ₹9 L/yr 22% less
TK Elevator Assistant Manager Materials Salary 15 - 18 years exp. (3 salaries)	₹9.5 L/yr - ₹11 L/yr 12% more

Assistant Manager Materials salary at Thermax Limited ranges between ₹7.1 Lakhs to ₹11 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Assistant Manager Materials salaries

Last Updated: 10 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹16 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹16.8 L/yr
14 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹11 L/yr
15+ years (3 salaries)	₹9.5 L/yr - ₹11 L/yr

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Salary related reviews for Thermax Limited

Buyer in Bhosari MIDC, Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Feb 2021

5.0

for Salary and Benefits

Likes

In lock down, we have utilise the available time for learning and skills development. Thermax have ensured us that no one is going to loose his/her job on account of COVID- 19

Dislikes

Thermax is given job security and work satisfaction but on other hand salary growth is extremely low especially for individual contributors.

Procurement Executive in Pune

Procurement & Supply Chain Department

4.0

• posted on 20 Mar 2021

4.0

for Salary and Benefits

Likes

One think that I like the most in thermax working culture, learning opportunities, provide you different kind of task that will help you to boast you life.

Dislikes

One thing that need to be improve is pay scale.

Executive Buyer in Pune

Procurement & Supply Chain Department

4.0

• posted on 22 May 2018

3.0

for Salary and Benefits

Likes

You many things to learn in a very short span of time.

Dislikes

Quite a lot of politics with higher management. Slow growth in terms of salary and hierarchy. Poor planning and management right from sales, Engineer till dispatch.

Store Incharge in Pune

Procurement & Supply Chain Department

4.0

• posted on 30 Oct 2020

4.0

for Salary and Benefits

Likes

Average work environment and cluture. There is large cafeteria. Company polocies average and they give average Salary hike and Bonus every year.

Dislikes

There is a lot of politics and managment dosen't address our issues. Salary and career growth is slow.

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Thermax Limited Assistant Manager Materials Salary FAQs

What is the salary of Assistant Manager Materials at Thermax Limited?

Assistant Manager Materials salary at Thermax Limited in India ranges between ₹7.1 Lakhs to ₹11.0 Lakhs for experience between 10 years to 16 years. According to our estimates it is 6% more than the average Assistant Manager Materials Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Thermax Limited India.

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

The average salary of a Assistant Manager Materials at Thermax Limited is 6% more than the average salary of a Assistant Manager Materials in India. To know exact salary insights, login to view.

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

Blue Star Assistant Manager Materials Salary - ₹11.9 Lakhs to ₹14.7 Lakhs per year
TK Elevator Assistant Manager Materials Salary - ₹9.5 Lakhs to ₹11.0 Lakhs per year

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

Larsen & Toubro Limited Assistant Manager Materials Salary - ₹8.6 Lakhs to ₹12.0 Lakhs per year
Voltas Assistant Manager Materials Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Wipro Infrastructure Engineering Assistant Manager Materials Salary - ₹6.2 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Materials at Thermax Limited ranges between ₹67,797 per month to ₹69,534 per month in India. The take-home salary calculation is based on the average Thermax Limited Assistant Manager Materials salary in India which ranges between ₹7.1 Lakhs to ₹11.0 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Thermax Limited Assistant Manager Materialss reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Thermax Limited Assistant Manager Materials Salaries

Thermax Limited Assistant Manager Materials salary in India ranges between ₹7.1 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Thermax Limited latest salaries received from various employees of Thermax Limited.