Thermax Limited Team Manager Salaries by 5 Employees (Updated 2025)

10 - 18 years exp.

₹18 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Team Manager Salary in Industrial Machinery Companies for 10 - 18 years of experience

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Last Updated: 11 Mar 2025

Companies similar to Thermax Limited for Team Manager

Company name	Avg Annual Salary	Open Jobs
Kirloskar Brothers Team Manager Salary 6 - 14 years exp. (5 salaries)	₹10.5 L/yr - ₹14.5 L/yr 44% less
BHEL Team Manager Salary 13 - 15 years exp. (5 salaries)	₹18 L/yr - ₹26.5 L/yr 19% more
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Siemens Team Manager Salary 5 - 17 years exp. (34 salaries)	₹11 L/yr - ₹35 L/yr 10% more
Larsen & Toubro Limited Team Manager Salary 8 - 15 years exp. (44 salaries)	₹9.8 L/yr - ₹28 L/yr 11% less
Cummins Team Manager Salary 5 - 18 years exp. (7 salaries)	₹8.5 L/yr - ₹24.5 L/yr 17% less
ABB Team Manager Salary 4 - 18 years exp. (22 salaries)	₹13.4 L/yr - ₹39.8 L/yr 7% more
Tata Power Team Manager Salary 11 - 14 years exp. (4 salaries)	₹12 L/yr - ₹19 L/yr 31% less
CG Power and Industrial Solutions Team Manager Salary 10 - 16 years exp. (4 salaries)	₹14 L/yr - ₹25 L/yr 6% less
Voltas Team Manager Salary 4 - 19 years exp. (5 salaries)	₹3 L/yr - ₹17 L/yr 52% less
Kirloskar Oil Engines Team Manager Salary 6 - 8 years exp. (9 salaries)	₹14 L/yr - ₹17 L/yr 23% less
John Deere Team Manager Salary 3 - 20 years exp. (9 salaries)	₹14 L/yr - ₹54 L/yr 45% more
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EMERSON PROCESS MANAGEMENT Team Manager Salary 7 - 18 years exp. (7 salaries)	₹8.9 L/yr - ₹36.1 L/yr 3% more
Atlas Copco Team Manager Salary 7 - 10 years exp. (5 salaries)	₹17 L/yr - ₹20 L/yr 11% less
Epiroc Team Manager Salary 12 - 24 years exp. (5 salaries)	₹19 L/yr - ₹25 L/yr 9% more
Danfoss Industries Team Manager Salary 8 - 17 years exp. (4 salaries)	₹18 L/yr - ₹30 L/yr 31% more
TÜV SÜD Team Manager Salary 5 - 8 years exp. (5 salaries)	₹17.7 L/yr - ₹27.8 L/yr 6% more

Team Manager salary at Thermax Limited ranges between ₹18 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Team Manager salaries

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹25 L/yr
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12 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹38.7 L/yr
14 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
15+ years (AmbitionBox Estimate)	₹18 L/yr - ₹20 L/yr

View all

Similar Designation salaries in Thermax Limited

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Store Manager Salary

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Department Manager Salary

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₹15.1 L/yr - ₹19.3 L/yr

Operations Manager Salary

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₹4.6 L/yr - ₹16 L/yr

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₹12.6 L/yr - ₹16.1 L/yr

Salary related reviews for Thermax Limited

2.9

Rated by 2 employees for salary & benefits

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.

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

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

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Team Manager Salary FAQs

What is the salary of Team Manager at Thermax Limited?

Team Manager salary at Thermax Limited in India ranges between ₹18.0 Lakhs to ₹25.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 29% more than the average Team Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Team Manager at Thermax Limited India compare with the average salary range for this job?

The average salary of a Team Manager at Thermax Limited is 29% more than the average salary of a Team Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Team Manager in India?

John Deere Team Manager Salary - ₹14.0 Lakhs to ₹54.0 Lakhs per year
Danfoss Industries Team Manager Salary - ₹18.0 Lakhs to ₹30.0 Lakhs per year
BHEL Team Manager Salary - ₹18.0 Lakhs to ₹26.5 Lakhs per year
Siemens Team Manager Salary - ₹11.0 Lakhs to ₹35.0 Lakhs per year
Epiroc Team Manager Salary - ₹19.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Team Manager in companies similar to Thermax Limited in India?

ABB Team Manager Salary - ₹13.4 Lakhs to ₹39.8 Lakhs per year
TÜV SÜD Team Manager Salary - ₹17.7 Lakhs to ₹27.8 Lakhs per year
EMERSON PROCESS MANAGEMENT Team Manager Salary - ₹8.9 Lakhs to ₹36.1 Lakhs per year
CG Power and Industrial Solutions Team Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
Atlas Copco Team Manager Salary - ₹17.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Team Manager at Thermax Limited ranges between ₹1,35,894 per month to ₹1,40,902 per month in India. The take-home salary calculation is based on the average Thermax Limited Team Manager salary in India which ranges between ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

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Thermax Limited Team Manager Salaries

Thermax Limited Team Manager salary in India ranges between ₹18 Lakhs to ₹25 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 Team Manager salaries in India (Updated 2025)

Companies similar to Thermax Limited for Team Manager

Latest annual salaries shared by Thermax Limited Team Manager

Experience wise Thermax Limited Team Manager salaries

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Team Manager in Pune

Deputy Manager in Pune

Project Manager in Pune

Sales And Business Development in Mumbai

Executive - Operations And HR in Pune

Thermax Limited Team Manager Salary FAQs

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