Thermax Limited Vadodara Deputy Manager Salaries by 7 Employees

11 - 18 years exp.

₹9 Lakhs - ₹16.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% more than the average Deputy Manager Salary in Industrial Machinery Companies for 11 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Deputy Manager Salary 11 - 16 years exp. (5 salaries)	₹11.4 L/yr - ₹16.6 L/yr
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Project & Program Management Deputy Manager Salary 14 - 18 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹16.7 L/yr

Last Updated: 14 Jul 2024

Companies similar to Thermax Limited for Deputy Manager in Vadodara

Thermax Limited Deputy Manager Salary

11 - 18 years exp. (7 salaries)

₹9 L/yr - ₹16.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Danfoss Industries Deputy Manager Salary 8 - 13 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr 23% less
Fuji Electric Deputy Manager Salary 7 - 13 years exp. (4 salaries)	₹6.7 L/yr - ₹9 L/yr 49% less
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Hilti Deputy Manager Salary 9 - 11 years exp. (3 salaries)	₹11 L/yr - ₹13 L/yr 24% less
MG Motor Deputy Manager Salary 1 - 10 years exp. (229 salaries)	₹5.8 L/yr - ₹17 L/yr 37% less
Alembic Pharmaceuticals Deputy Manager Salary 11 - 18 years exp. (205 salaries)	₹9.6 L/yr - ₹19.6 L/yr 1% less

Deputy Manager salary at Thermax Limited ranges between ₹9 Lakhs to ₹16.7 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Deputy Manager salaries in Vadodara

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
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13 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
14 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
15+ years (3 salaries)	₹14.9 L/yr - ₹28.7 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

Team Lead Salary

(3 salaries)

₹6.8 L/yr - ₹12.31 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 Vadodara?

The average salary of a Deputy Manager at Thermax Limited in Vadodara typically ranges from ₹9.0 Lakhs to ₹16.7 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Deputy Manager in Vadodara at Thermax Limited earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 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 7 Thermax Limited employees in India.

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

The estimated take-home salary of a Deputy Manager at Thermax Limited in Vadodara typically ranges from ₹1,09,571 to ₹1,12,602 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹16.7 Lakhs per year for employees with experience ranging from 11 years to 18 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 7 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 Vadodara?

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

Alembic Pharmaceuticals	₹9.6 Lakhs to ₹19.6 Lakhs per year
Danfoss Industries	₹6.0 Lakhs to ₹14.0 Lakhs per year
Hilti	₹11.0 Lakhs to ₹13.0 Lakhs per year
MG Motor	₹5.8 Lakhs to ₹17.0 Lakhs per year
Fuji Electric	₹6.7 Lakhs to ₹9.0 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 Vadodara?

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

Experience	Average Salary Range
11 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
12 years	₹14.7 Lakhs to ₹18.8 Lakhs per year
13 years	₹14.5 Lakhs to ₹18.5 Lakhs per year
14 years	₹14.3 Lakhs to ₹18.2 Lakhs per year

and so on.

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Thermax Limited Deputy Manager Salaries in Vadodara

Thermax Limited Deputy Manager salary in Vadodara ranges between ₹9 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Thermax Limited latest salaries received from various employees of Thermax Limited.