Thermax Limited Chennai Deputy Manager Salaries by 10+ Employees (Updated 2025)

11 - 16 years exp.

₹12 Lakhs - ₹19 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

96% more than the average Deputy Manager Salary in Industrial Machinery Companies for 11 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Deputy Manager Salary 11 - 16 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr
Procurement & Supply Chain Deputy Manager Salary 13 - 14 years exp. (3 salaries)	₹12.3 L/yr - ₹19 L/yr
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Production, Manufacturing & Engineering Deputy Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹16.4 L/yr - ₹18 L/yr
Research & Development Deputy Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹17.4 L/yr
Marketing & Communication Deputy Manager Salary 16 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹17.4 L/yr

Last Updated: 20 Feb 2025

Companies similar to Thermax Limited for Deputy Manager in Chennai

Thermax Limited Deputy Manager Salary

11 - 16 years exp. (12 salaries)

₹12 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
KONE Deputy Manager Salary 9 - 15 years exp. (39 salaries)	₹8.3 L/yr - ₹22.6 L/yr 10% less
Danfoss Industries Deputy Manager Salary 10 - 20 years exp. (27 salaries)	₹9 L/yr - ₹17.6 L/yr 11% less
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Caterpillar Inc Deputy Manager Salary 9 - 15 years exp. (8 salaries)	₹12 L/yr - ₹18 L/yr 11% less
KSB Limited - Irrigation & Process Division (IPD) Deputy Manager Salary 9 - 15 years exp. (7 salaries)	₹10.5 L/yr - ₹15.9 L/yr 14% less
Fuji Electric Deputy Manager Salary 8 - 15 years exp. (6 salaries)	₹6.8 L/yr - ₹12 L/yr 43% less
Kirloskar Oil Engines Deputy Manager Salary 7 - 17 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 38% less	1 job opening

Deputy Manager salary at Thermax Limited ranges between ₹12 Lakhs to ₹19 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Deputy Manager salaries in Chennai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.6 L/yr
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13 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
14 years (3 salaries)	₹12.3 L/yr - ₹19 L/yr
15+ years (4 salaries)	₹12 L/yr - ₹18 L/yr

From

Deputy Manager

11 - 21 years exp.

Associate Manager

14 - 22 years exp.

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

Project Manager Salary

(4 salaries)

₹6.98 L/yr - ₹12.3 L/yr

Service Manager Salary

(4 salaries)

₹8 L/yr - ₹12 L/yr

Salary related reviews for Thermax Limited

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.

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

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

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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 Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at Thermax Limited in Chennai typically ranges from ₹12.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Deputy Manager in Chennai at Thermax Limited earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Deputy 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 10+ Thermax Limited employees in India.

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

The estimated take-home salary of a Deputy Manager at Thermax Limited in Chennai typically ranges from ₹1,13,867 to ₹1,17,037 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 11 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 10+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy Manager in companies similar to Thermax Limited in Chennai?

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

KONE	₹8.3 Lakhs to ₹22.6 Lakhs per year
Caterpillar Inc	₹12.0 Lakhs to ₹18.0 Lakhs per year
Danfoss Industries	₹9.0 Lakhs to ₹17.6 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD)	₹10.5 Lakhs to ₹15.9 Lakhs per year
Kirloskar Oil Engines	₹8.0 Lakhs to ₹12.0 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 Deputy Manager at Thermax Limited in Chennai?

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

Experience	Average Salary Range
11 years	₹15.6 Lakhs to ₹20.0 Lakhs per year
12 years	₹15.4 Lakhs to ₹19.6 Lakhs per year
13 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
14 years	₹12.3 Lakhs to ₹19.0 Lakhs per year

and so on.

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Thermax Limited Deputy Manager Salaries in Chennai

Thermax Limited Deputy Manager salary in Chennai ranges between ₹12 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Thermax Limited latest salaries received from various employees of Thermax Limited.