Thermax Limited Mumbai Project Manager Salaries by 4 Employees

8 - 15 years exp.

₹9 Lakhs - ₹11.6 Lakhs

Salary of majority employees

Fixed (89%)

₹9 Lakhs

Variable (11%)

₹1.1 Lakh

46% less than the average Project Manager Salary in Industrial Machinery Companies for 8 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Project & Program Management Project Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹13.6 L/yr
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Research & Development Project Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.6 L/yr

Last Updated: 3 Nov 2024

Companies similar to Thermax Limited for Project Manager in Mumbai

Thermax Limited Project Manager Salary

8 - 15 years exp. (4 salaries)

₹9 L/yr - ₹11.6 L/yr

Company name	Avg Annual Salary	Open Jobs
EMERSON PROCESS MANAGEMENT Project Manager Salary 11 - 19 years exp. (14 salaries)	₹11 L/yr - ₹23.5 L/yr 75% more
Wipro Infrastructure Engineering Project Manager Salary 14 - 22 years exp. (8 salaries)	₹14.5 L/yr - ₹25 L/yr 94% more
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KONE Project Manager Salary 12 - 15 years exp. (4 salaries)	₹19 L/yr - ₹29.4 L/yr 153% more	1 job opening
Thyssenkrupp Industrial Solutions Project Manager Salary 17 - 19 years exp. (3 salaries)	₹16.1 L/yr - ₹19.5 L/yr 67% more
Fuji Electric Project Manager Salary 15 - 19 years exp. (3 salaries)	₹14 L/yr - ₹14.8 L/yr 42% more
ABB Project Manager Salary 9 - 16 years exp. (3 salaries)	₹9 L/yr - ₹22 L/yr 92% more	2 job openings

Project Manager salary at Thermax Limited ranges between ₹9 Lakhs to ₹11.6 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Project Manager salaries in Mumbai

Last Updated: 3 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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10 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹19.7 L/yr
13 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹23.2 L/yr

View all

Similar Designation salaries in Thermax Limited

Safety Officer Salary

(5 salaries)

₹3.85 L/yr - ₹8.75 L/yr

Project Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹7.66 L/yr

Senior Engineer Salary

(3 salaries)

₹6 L/yr - ₹7.5 L/yr

Top skills at Thermax Limited for Project Manager

Project Management Project Execution Project Execution Vendor Management Project Monitoring Project Planning Project Management Project Scheduling Project Handling Project Scheduling Commissioning Operations Management Project Control Operations Management Risk Management

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

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

Shift Incharge Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Safety culture is the thing I like the most. I have learnt more about safety as shift incharge which is the good thing in the thermax

Skill development - Good

+1 more

Dislikes

The corruption in thermax is the thing I hate it. Like, during bonus, I have get about Rs 20000 on paper but i received only Rs 10085 as a bonus. The Rs 10000 I not received yet. Pls Help me to get my due bonus amount

Salary - Poor

+2 more

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Project Manager Salary FAQs

What is the salary of Project Manager at Thermax Limited in Mumbai?

The average salary of a Project Manager at Thermax Limited in Mumbai typically ranges from ₹9.0 Lakhs to ₹11.6 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Project Manager in Mumbai at Thermax Limited earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹11.6 Lakhs per year. Project 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 4 Thermax Limited employees in India.

What is the estimated take home salary of a Project Manager at Thermax Limited in Mumbai?

The estimated take-home salary of a Project Manager at Thermax Limited in Mumbai typically ranges from ₹72,996 to ₹74,880 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹11.6 Lakhs per year for employees with experience ranging from 8 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 4 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Project Manager at Thermax Limited in Mumbai?

To be a Project Manager at Thermax Limited in Mumbai, the key skills required include:

- Project Management
- Project Execution
- Project Execution
- Vendor Management
- Project Monitoring

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.

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

KONE	₹19.0 Lakhs to ₹29.4 Lakhs per year
Wipro Infrastructure Engineering	₹14.5 Lakhs to ₹25.0 Lakhs per year
ABB	₹9.0 Lakhs to ₹22.0 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹11.0 Lakhs to ₹23.5 Lakhs per year
Thyssenkrupp Industrial Solutions	₹16.1 Lakhs to ₹19.5 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 Project Manager in companies similar to Thermax Limited in Mumbai?

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

Fuji Electric

₹14.0 Lakhs to ₹14.8 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 Project Manager at Thermax Limited in Mumbai?

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

Experience	Average Salary Range
8 years	₹3.5 Lakhs to ₹11.6 Lakhs per year
9 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
10 years	₹8.9 Lakhs to ₹11.3 Lakhs per year
11 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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Thermax Limited Project Manager Salaries in Mumbai

Thermax Limited Project Manager salary in Mumbai ranges between ₹9 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.