Thermax Limited Chennai Assistant Manager Salaries by 30+ Employees (Updated 2025)

6 - 15 years exp.

₹7 Lakhs - ₹15.8 Lakhs

Salary of majority employees

Fixed (89%)

₹10.6 Lakhs

Variable (11%)

₹1.3 Lakh

44% more than the average Assistant Manager Salary in Industrial Machinery Companies for 6 - 15 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager Salary 8 - 14 years exp. (9 salaries)	₹8.7 L/yr - ₹15.6 L/yr
Procurement & Supply Chain Assistant Manager Salary 7 - 13 years exp. (8 salaries)	₹7 L/yr - ₹13.2 L/yr
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Research & Development Assistant Manager Salary 7 - 9 years exp. (6 salaries)	₹7 L/yr - ₹11.8 L/yr
Quality Assurance Assistant Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹12 L/yr
Sales & Business Development Assistant Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹12 L/yr

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Last Updated: 7 Mar 2025

Companies similar to Thermax Limited for Assistant Manager in Chennai

Thermax Limited Assistant Manager Salary

6 - 15 years exp. (36 salaries)

₹7 L/yr - ₹15.8 L/yr

Company name	Avg Annual Salary	Open Jobs
KONE Assistant Manager Salary 8 - 16 years exp. (53 salaries)	₹7.7 L/yr - ₹15.6 L/yr 10% more	13 job openings
Fuji Electric Assistant Manager Salary 5 - 12 years exp. (39 salaries)	₹3.7 L/yr - ₹13 L/yr 35% less
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Wipro Infrastructure Engineering Assistant Manager Salary 9 - 17 years exp. (35 salaries)	₹5.1 L/yr - ₹14.5 L/yr 21% less
EMERSON PROCESS MANAGEMENT Assistant Manager Salary 9 - 19 years exp. (31 salaries)	₹9 L/yr - ₹19.5 L/yr 28% more
Danfoss Industries Assistant Manager Salary 7 - 17 years exp. (18 salaries)	₹8.8 L/yr - ₹18 L/yr 23% more
Lakshmi Machine Works Assistant Manager Salary 8 - 13 years exp. (14 salaries)	₹9 L/yr - ₹13 L/yr 2% less
TÜV SÜD Assistant Manager Salary 7 - 13 years exp. (8 salaries)	₹4.8 L/yr - ₹9.1 L/yr 32% less	2 job openings
Caterpillar Inc Assistant Manager Salary 5 - 12 years exp. (7 salaries)	₹5.9 L/yr - ₹19 L/yr At par
Cummins Assistant Manager Salary 10 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹11.2 L/yr 16% less
ABB Assistant Manager Salary 8 - 13 years exp. (4 salaries)	₹8.5 L/yr - ₹17.4 L/yr 17% more
Flowserve Assistant Manager Salary 12 - 14 years exp. (3 salaries)	₹12.5 L/yr - ₹17.9 L/yr 40% more
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Assistant Manager salary at Thermax Limited ranges between ₹7 Lakhs to ₹15.8 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 36 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Assistant Manager salaries in Chennai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.3 L/yr
7 years (4 salaries)	₹8.1 L/yr - ₹11.5 L/yr
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8 years (5 salaries)	₹7 L/yr - ₹12 L/yr
9 years (5 salaries)	₹7.5 L/yr - ₹14.4 L/yr
10 years (5 salaries)	₹7 L/yr - ₹11.7 L/yr
11 years (3 salaries)	₹10 L/yr - ₹21.4 L/yr
12 years (5 salaries)	₹8.7 L/yr - ₹15 L/yr
13 years (3 salaries)	₹12 L/yr - ₹15.8 L/yr
14 years (3 salaries)	₹12 L/yr - ₹15.6 L/yr
15+ years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14.5 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.

28% hike

Associate Manager 14 - 22 years exp.

14% 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

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹19 L/yr

Sales Manager Salary

(4 salaries)

₹8.9 L/yr - ₹20 L/yr

Salary related reviews for Thermax Limited

3.1

Rated by 5 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.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Thermax Limited Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Thermax Limited in Chennai?

The average salary of a Assistant Manager at Thermax Limited in Chennai typically ranges from ₹7.0 Lakhs to ₹15.8 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Assistant Manager in Chennai at Thermax Limited earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. Assistant Manager 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 30+ Thermax Limited employees in India.

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

The estimated take-home salary of a Assistant Manager at Thermax Limited in Chennai typically ranges from ₹84,567 to ₹86,779 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹15.8 Lakhs per year for employees with experience ranging from 6 years to 15 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 30+ 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 in India?

Flowserve	₹12.5 Lakhs to ₹17.9 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹9.0 Lakhs to ₹19.5 Lakhs per year
Danfoss Industries	₹8.8 Lakhs to ₹18.0 Lakhs per year
ABB	₹8.5 Lakhs to ₹17.4 Lakhs per year
KONE	₹7.7 Lakhs to ₹15.6 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 in companies similar to Thermax Limited in Chennai?

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

Caterpillar Inc	₹5.9 Lakhs to ₹19.0 Lakhs per year
Lakshmi Machine Works	₹9.0 Lakhs to ₹13.0 Lakhs per year
Cummins	₹8.6 Lakhs to ₹11.2 Lakhs per year
Wipro Infrastructure Engineering	₹5.1 Lakhs to ₹14.5 Lakhs per year
TÜV SÜD	₹4.8 Lakhs to ₹9.1 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 at Thermax Limited in Chennai?

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

Experience	Average Salary Range
6 years	₹7.5 Lakhs to ₹18.3 Lakhs per year
7 years	₹8.1 Lakhs to ₹11.5 Lakhs per year
8 years	₹7.0 Lakhs to ₹12.0 Lakhs per year
9 years	₹7.5 Lakhs to ₹14.4 Lakhs per year

and so on.

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Thermax Limited Assistant Manager Salaries in Chennai

Thermax Limited Assistant Manager salary in Chennai ranges between ₹7 Lakhs to ₹15.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Thermax Limited latest salaries received from various employees of Thermax Limited.