Thermax Limited Associate Engineering Manager Salaries by 5 Employees

13 - 19 years exp.

₹13 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Associate Engineering Manager Salary in Industrial Machinery Companies for 13 - 19 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Engineering Manager Salary 14 - 18 years exp. (3 salaries)	₹14 L/yr - ₹15 L/yr
Production, Manufacturing & Engineering Associate Engineering Manager Salary 19 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr
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Research & Development Associate Engineering Manager Salary 13 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Thermax Limited for Associate Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Virtusa Consulting Services Associate Engineering Manager Salary 2 - 17 years exp. (112 salaries)	₹14.1 L/yr - ₹37 L/yr 58% more
UnitedHealth Associate Engineering Manager Salary 10 - 15 years exp. (24 salaries)	₹15 L/yr - ₹36.8 L/yr 65% more
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Optum Global Solutions Associate Engineering Manager Salary 9 - 16 years exp. (24 salaries)	₹20 L/yr - ₹33 L/yr 72% more
GS Lab Associate Engineering Manager Salary 7 - 20 years exp. (19 salaries)	₹22 L/yr - ₹38.3 L/yr 91% more
Temenos Associate Engineering Manager Salary 10 - 15 years exp. (17 salaries)	₹14 L/yr - ₹27 L/yr 54% more

Associate Engineering Manager salary at Thermax Limited ranges between ₹13 Lakhs to ₹20 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Associate Engineering Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
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15+ years (3 salaries)	₹14 L/yr - ₹20 L/yr

Similar Designation salaries in Thermax Limited

Senior Engineering Manager Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Engineering Manager Salary

(5 salaries)

₹7 L/yr - ₹23.2 L/yr

Principal Engineer Salary

(4 salaries)

₹5.4 L/yr - ₹6.9 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹29.3 L/yr - ₹37.4 L/yr

Senior Project Manager Salary

(5 salaries)

₹16 L/yr - ₹29.5 L/yr

Technical Manager Salary

(4 salaries)

₹6 L/yr - ₹12 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Project Manager Salary

(138 salaries)

₹5.61 L/yr - ₹19.15 L/yr

Product Manager Salary

(16 salaries)

₹7 L/yr - ₹19 L/yr

Salary related reviews for Thermax Limited

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 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

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Thermax Limited Associate Engineering Manager Salary FAQs

What is the salary of Associate Engineering Manager at Thermax Limited ?

The average salary of a Associate Engineering Manager at Thermax Limited in India typically ranges from ₹13.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Associate Engineering Manager at Thermax Limited earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Associate Engineering 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 5 Thermax Limited employees in India.

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

The estimated take-home salary of a Associate Engineering Manager at Thermax Limited in India typically ranges from ₹1,04,891 to ₹1,07,771 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 5 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 Associate Engineering Manager in India?

GS Lab	₹22.0 Lakhs to ₹38.3 Lakhs per year
Optum Global Solutions	₹20.0 Lakhs to ₹33.0 Lakhs per year
UnitedHealth	₹15.0 Lakhs to ₹36.8 Lakhs per year
Virtusa Consulting Services	₹14.1 Lakhs to ₹37.0 Lakhs per year
Temenos	₹14.0 Lakhs to ₹27.0 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.

How the salary growth look like for a Associate Engineering Manager at Thermax Limited in India?

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

Experience	Average Salary Range
13 years	₹13.0 Lakhs to ₹13.0 Lakhs per year
14 years	₹5.4 Lakhs to ₹14.0 Lakhs per year
15 years	₹14.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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Thermax Limited Associate Engineering Manager Salaries

Thermax Limited Associate Engineering Manager salary in India ranges between ₹13 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Associate Engineering Manager salaries in India

Companies similar to Thermax Limited for Associate Engineering Manager

Latest annual salaries shared by Thermax Limited Associate Engineering Manager

Experience wise Thermax Limited Associate Engineering Manager salaries

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Project Manager in Pune

Material Engineer in Pune

Shift Incharge in Kharagpur

Facility Manager in Bidar

Sales And Business Development in Mumbai

Thermax Limited Associate Engineering Manager Salary FAQs

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