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based on 2.6k Reviews

HQ - Pune, Maharashtra, India Industrial Machinery 1k-5k Employees (India) Power Public
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Thermax Limited Salaries in India

based on 11.5k latest salaries


Rated by 2.6k Employees for salary and benefits

Top Departments at Thermax Limited
Designation Average Salary
Yearly arrow-down

Shift Incharge

Experience: 5 - 12 yrs (280 Salaries)
₹ 5,39,875/year

(₹2.5L/yr - ₹9.9L/yr)

Electrical Engineer

Experience: 2 - 11 yrs (239 Salaries)
₹ 4,01,743/year

(₹1.7L/yr - ₹7.0L/yr)

Control Room Engineer

Experience: 1 - 10 yrs (184 Salaries)
₹ 3,94,657/year

(₹2.1L/yr - ₹7.0L/yr)

Safety Officer

Experience: 2 - 9 yrs (178 Salaries)
₹ 4,46,458/year

(₹2.2L/yr - ₹7.4L/yr)

Deputy Manager

Experience: 9 - 20 yrs (176 Salaries)
₹ 12,64,821/year

(₹6.0L/yr - ₹17.0L/yr)

Mechanical Engineer

Experience: 0 - 11 yrs (152 Salaries)
₹ 4,58,708/year

(₹1.8L/yr - ₹9.5L/yr)

Senior Engineer

Experience: 5 - 14 yrs (128 Salaries)
₹ 6,42,973/year

(₹4.0L/yr - ₹10.0L/yr)

Draughtsman Mechanical

Experience: 1 - 11 yrs (126 Salaries)
₹ 3,83,067/year

(₹1.1L/yr - ₹6.5L/yr)

Executive Engineer

Experience: 2 - 11 yrs (125 Salaries)
₹ 5,85,401/year

(₹2.7L/yr - ₹10.0L/yr)

Site Incharge

Experience: 2 - 19 yrs (120 Salaries)
₹ 6,14,545/year

(₹2.4L/yr - ₹9.8L/yr)

Last Updated: 29 Sep, 2023

Thermax Limited Salary FAQs

How much does Thermax Limited pay per year?
The average Thermax Limited salary ranges from approximately ₹0.7 Lakhs per year for a Project Trainee to ₹49.3 Lakhs per year for a Business Head. Salary estimates are based on 11.5k Thermax Limited salaries received from various employees of Thermax Limited. Thermax Limited employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Thermax Limited?
The highest-paying job at Thermax Limited is a Business Head with a salary of ₹49.3 Lakhs per year. The top 10% of employees earn more than ₹11.61 lakhs per year. The top 1% earn more than a whopping ₹24 lakhs per year.
What is the minimum salary in Thermax Limited?
Minimum salary at Thermax Limited depends on the role you are applying for. For Draughtsman Mechanical the minimum salary is ₹3.8 Lakhs per year, for Control Room Engineer the minimum salary is ₹4.0 Lakhs per year and so on.
What is the salary package for freshers in Thermax Limited?
The average salary at Thermax Limited for freshers varies from ₹2.1 Lakhs per year for Graduate Apprentice Trainee to ₹3.5 Lakhs per year for Graduate Engineer Trainee (Get). View Fresher Salaries at Thermax Limited
What is the notice period at Thermax Limited?
According to AmbitionBox, 52% of the Thermax Limited employees reported a notice period of 1 Month, 26% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7.7k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Thermax Limited

Senior Engineer Instrumentation in Goa, Goa

Full Time


Operations, Maintenance & Support Department

posted on 18 Sep 2023

3.0 for Salary and Benefits


salary is always credit on as per norms


thermax company really good ,but where ever its site is located,the local administration is really very useless, the local site manager is also very negetive minded, he is always surrender in front of the clientes, there is no value on local site employee.

Work Details

Work timings: Flexible Timings

Safety Officer in Site To Site



Occupational Health & Safety Department

posted on 11 Sep 2023

4.0 for Salary and Benefits


Thermax is very good company and have very good freedom work culture. Always senior staff and boss ready to support . Thermax line management is very good and there are no issue of salary. Your growth depends on your work performance.


I don't get weekly off on time

Work Details

Work timings: Flexible Timings

Engineer in Chennai, Tamil Nadu

Full Time


Engineering Department

posted on 23 Aug 2023

4.0 for Salary and Benefits


Overall good....


... Full financial year I'm working but I'm not get any bonus or incentive amount. But bonus is mentioned in CTC.

Work Details

Work days: Monday to Saturday (Strict Timings)

Sr. Executive Electrical in Pune

Full Time


Engineering Department

posted on 04 Jul 2023

1.0 for Salary and Benefits


Employees have nothing to like


1. No career development plan for employees. 2. Nothing new to learn for employees. 3. Offfice boys and workers salary are bfetter than engineering professionals. 4. Tremendous work presure and harrasment. 5. professional will not remain competitive in market due to lack of knowledge and proper experience. 6. No evaluation of professionals hard work and efforts, each and every employee is given 4-5%. 7. 10th pass guy can be manger and highly qualified post graduate, PhD person a office guy, no value of education.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Project Costing, MIS, Finance in Pune

Full Time


Finance Department

posted on 08 Jun 2023

3.0 for Salary and Benefits


Work culture, flexible work policy ,job security


Much importance to Auditor. Disturbing whole work life balance for one month in every quarter. Salary is also not matching with matket. Still some old bosses are in favour of late sitting and working on weekly off.

Work Details

Work policy: Depends on your boss you can work as per your choice

Work days: Monday to Friday (Flexible Timings)

Work related travel: This is a desk job.

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Average annual salary in Thermax Limited is INR 6.5 lakhs . Salary estimates are based on 11.5k Thermax Limited latest salaries received from various employees of Thermax Limited.