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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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26% more than the average Team Manager Salary in Industrial Machinery Companies for 10 - 18 years of experience

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Last Updated: 15 Mar 2025

Companies similar to Thermax Limited for Team Manager

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₹8.5 L/yr - ₹24.5 L/yr

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₹17.7 L/yr - ₹20 L/yr

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₹17 L/yr - ₹20 L/yr

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11 - 18 years exp. (5 salaries)

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₹15 L/yr - ₹24 L/yr

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Epiroc Team Manager Salary

12 - 24 years exp. (5 salaries)

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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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₹11 L/yr - ₹18.1 L/yr

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9 - 15 years exp. (4 salaries)

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₹20.3 L/yr - ₹30 L/yr

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₹13 L/yr - ₹31 L/yr

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Sany Heavy Industry Team Manager Salary

11 - 14 years exp. (3 salaries)

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₹14.2 L/yr - ₹20 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 6 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.
1w 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: 15 Mar 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹21.8 L/yr - ₹27.8 L/yr
11 years (AmbitionBox Estimate)

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₹21 L/yr - ₹26.9 L/yr
12 years (AmbitionBox Estimate)

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₹20.3 L/yr - ₹25.9 L/yr
13 years (AmbitionBox Estimate)

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₹19.5 L/yr - ₹24.9 L/yr
14 years (AmbitionBox Estimate)

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₹18.8 L/yr - ₹24 L/yr
View all

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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

 · 

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.

read more
  • Promotions - Poor
  • +2 more

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

read more
  • Skill development - Poor
  • +2 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 ?
The average salary of a Team Manager at Thermax Limited in India typically ranges from ₹18.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Team Manager at Thermax Limited earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Team 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 6 Thermax Limited employees in India.
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 in India typically ranges from ₹1,36,636 to ₹1,41,677 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 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 6 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Thermax Limited for Team Manager in India?
John Deere ₹15.1 Lakhs to ₹60.0 Lakhs per year
Caterpillar Inc ₹19.0 Lakhs to ₹40.0 Lakhs per year
Danfoss Industries ₹18.0 Lakhs to ₹30.0 Lakhs per year
Trane Technologies ₹20.3 Lakhs to ₹30.0 Lakhs per year
ABB ₹13.4 Lakhs to ₹34.0 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 Team Manager in companies similar to Thermax Limited in India?
The salary of a Team Manager at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Epiroc ₹19.0 Lakhs to ₹25.0 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹8.9 Lakhs to ₹36.1 Lakhs per year
Thyssenkrupp Industrial Solutions ₹13.0 Lakhs to ₹31.0 Lakhs per year
Atlas Copco ₹17.0 Lakhs to ₹20.0 Lakhs per year
TÜV SÜD ₹17.7 Lakhs to ₹20.0 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 Team Manager at Thermax Limited in India?
The salary growth for a Team Manager at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Team Manager can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
10 years ₹21.8 Lakhs to ₹27.8 Lakhs per year
11 years ₹21.0 Lakhs to ₹26.9 Lakhs per year
12 years ₹20.3 Lakhs to ₹25.9 Lakhs per year
13 years ₹19.5 Lakhs to ₹24.9 Lakhs per year
and so on.

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 6 Thermax Limited latest salaries received from various employees of Thermax Limited.