Thermax Limited Assistant Manager Materials Salaries by 8 Employees

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
Wipro Infrastructure Engineering Assistant Manager Materials Salary 6 - 16 years exp. (7 salaries)	₹6.2 L/yr - ₹9 L/yr 22% less
Tata Projects Assistant Manager Materials Salary 16 - 28 years exp. (21 salaries)	₹8.2 L/yr - ₹13.5 L/yr 17% more
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Godrej & Boyce Manufacturing Assistant Manager Materials Salary 0 - 17 years exp. (17 salaries)	₹4.6 L/yr - ₹9.5 L/yr 24% less
UltraTech Cement Assistant Manager Materials Salary 11 - 22 years exp. (12 salaries)	₹7.5 L/yr - ₹15 L/yr 32% more
Nagarjuna Construction Company Assistant Manager Materials Salary 3 - 14 years exp. (9 salaries)	₹5 L/yr - ₹9.5 L/yr 26% less

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

Salary - Excellent

+5 more

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.

Salary - Good

+5 more

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.

Skill development - Good

+1 more

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.

Promotions - Poor

+2 more

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.

Salary - Good

+3 more

Dislikes

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

Job security - Poor

+2 more

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

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Thermax Limited Assistant Manager Materials Salary FAQs

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

The average salary of a Assistant Manager Materials at Thermax Limited in India typically ranges from ₹7.1 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Assistant Manager Materials at Thermax Limited earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Assistant Manager Materials Salaries at Thermax 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 8 Thermax Limited employees in India.

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 in India typically ranges from ₹67,797 to ₹69,534 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 10 years to 16 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 8 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Thermax Limited for Assistant Manager Materials in India?

UltraTech Cement	₹7.5 Lakhs to ₹15.0 Lakhs per year
Tata Projects	₹8.2 Lakhs to ₹13.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thermax Limited, depending on the role and experience level.

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

The salary of a Assistant Manager Materials at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro Infrastructure Engineering	₹6.2 Lakhs to ₹9.0 Lakhs per year
Godrej & Boyce Manufacturing	₹4.6 Lakhs to ₹9.5 Lakhs per year
Nagarjuna Construction Company	₹5.0 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 Assistant Manager Materials at Thermax Limited in India?

The salary growth for a Assistant Manager Materials at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Materials can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
10 years	₹7.1 Lakhs to ₹14.4 Lakhs per year
11 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
12 years	₹8.1 Lakhs to ₹16.0 Lakhs per year
13 years	₹8.1 Lakhs to ₹16.8 Lakhs per year

and so on.

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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.