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Thermax Limited Team Manager salaries in India (Updated 2025)

Annual salary range
10 - 18 years exp.
₹18 Lakhs - ₹25 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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

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₹19 L/yr - ₹25 L/yr

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8 - 17 years exp. (4 salaries)

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₹18 L/yr - ₹30 L/yr

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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.

Latest annual salaries shared by Thermax Limited Team Manager

3d ago
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10 years exp.
8mo ago
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11 years exp.

Experience wise Thermax Limited Team Manager salaries

Last Updated: 11 Mar 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹25 L/yr
12 years (AmbitionBox Estimate)

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₹20 L/yr - ₹25.6 L/yr
13 years (AmbitionBox Estimate)

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₹18 L/yr - ₹38.7 L/yr
14 years (AmbitionBox Estimate)

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₹18.7 L/yr - ₹23.9 L/yr
View all

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(AmbitionBox Estimate)
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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

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.

read more
  • Salary - Poor
  • +1 more

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

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary is d biggest set back for company.

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

read more
  • Salary - Bad
  • +3 more

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

read more
  • 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

read more

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.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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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?

Tell us how to improve this page.

Thermax Limited Team Manager salary in India ranges between ₹18 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.