THERMAL SYSTEMS Procurement Engineer Salaries by 8 Employees

1 - 3 years exp.

₹2.4 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Procurement Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Engineer Salary 2 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr
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Production, Manufacturing & Engineering Procurement Engineer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr

Last Updated: 17 Mar 2023

Companies similar to THERMAL SYSTEMS for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Ace Designers Procurement Engineer Salary 0 - 4 years exp. (11 salaries)	₹2.5 L/yr - ₹6.9 L/yr 65% more
L&T–MHI Power Boilers Procurement Engineer Salary 3 - 12 years exp. (8 salaries)	₹5.5 L/yr - ₹8 L/yr 111% more
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Super Auto Forge Procurement Engineer Salary 2 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3.1 L/yr 30% less
Bobst India Procurement Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.2 L/yr - ₹8.6 L/yr 107% more
Kobelco Construction Equipment India Procurement Engineer Salary 3 - 7 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 40% more
HYT Engineering Procurement Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 15% less
Komatsu Procurement Engineer Salary 2 - 10 years exp. (4 salaries)	₹5 L/yr - ₹9.3 L/yr 103% more
Bosch Power Tools Procurement Engineer Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹7.2 L/yr 63% more
Beumer Group Procurement Engineer Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹6.2 L/yr 72% more
Hyundai Construction Equipment Procurement Engineer Salary 1 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 29% more

Procurement Engineer salary at THERMAL SYSTEMS ranges between ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 8 latest salaries received from various employees of THERMAL SYSTEMS.

Experience wise THERMAL SYSTEMS Procurement Engineer salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
2 years (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr
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3 years (3 salaries)	₹3 L/yr - ₹5.6 L/yr

Similar Designation salaries in THERMAL SYSTEMS

Project Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹5 L/yr

Senior Procurement Engineer Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Purchase Engineer Salary

(5 salaries)

₹2.2 L/yr - ₹4.6 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Senior Engineer Salary

(26 salaries)

₹4 L/yr - ₹7.68 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(9 salaries)

₹7.8 L/yr - ₹10.95 L/yr

Salary related reviews for THERMAL SYSTEMS

Production Engineer in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 18 Sep 2022

4.0

for Salary and Benefits

Likes

Salary good Work growth Increment good based on your work

Salary - Good

+1 more

Dislikes

Food Timings No holiday 365days duty Management and higher officials bad behaviour No support to staff or workers Heavy duty and work torcher

Promotions - Poor

+3 more

Project Quality Engineer in Hyderabad / Secunderabad

Full Time

Quality Assurance Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

Company is good to learn but they pay less salary and will not provide any Transport and other facilities. To start a career in this company is very good.

Skill development - Excellent

+3 more

Dislikes

Work and responsibilities will be on engineer level itself. Lots of politics from managers level.

Salary - Poor

Production Engineer, Production & Material Planning in IDA BOLLARAM(V), JINNARAM(M) SANGAREDDY DISTRICT TELANGANA STATE

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Mar 2021

3.0

for Salary and Benefits

Likes

Politically the thing is of worst thing, as per regarding the work everything ok but coming to hikes and salary, will not get in time to time..!!!!

Skill development - Good

+4 more

Dislikes

Salary hikes and in time salary will not get for everyone, much more politics is being played in the company!!!

Autocad Draughtsman in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

5.0

• posted on 12 Mar 2018

4.0

for Salary and Benefits

Likes

Iam so glad to work at thermal systems ..Core company with full of mechanical..Coming to teamwork it's good in some projects..Work environment is simply good..Travelling also good ...We have transportation

Salary - Good

+4 more

Dislikes

Career growth some what poor ,salary growth also poor

Maintenance Engineer in Hyderabad / Secunderabad

Full Time

Research & Development Department

4.0

• posted on 23 Jul 2018

3.0

for Salary and Benefits

Likes

It's great to be a member of tspl. Dept Hods are very cooperative. company used to arrange site visits to gain more knowledge and to clarify doubts

Skill development - Good

+5 more

Dislikes

Managers used to do politics on team members. Not sharing project knowledge. not getting proper chance to show our strengths

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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THERMAL SYSTEMS Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at THERMAL SYSTEMS ?

The average salary of a Procurement Engineer at THERMAL SYSTEMS in India typically ranges from ₹2.4 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Procurement Engineer at THERMAL SYSTEMS earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Procurement Engineer Salaries at THERMAL SYSTEMS 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 8 THERMAL SYSTEMS employees in India.

What is the estimated take home salary of a Procurement Engineer at THERMAL SYSTEMS in India?

The estimated take-home salary of a Procurement Engineer at THERMAL SYSTEMS in India typically ranges from ₹22,674 to ₹24,147 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 1 year to 3 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 8 salaries received from various employees of THERMAL SYSTEMS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than THERMAL SYSTEMS for Procurement Engineer in India?

L&T–MHI Power Boilers	₹5.5 Lakhs to ₹8.0 Lakhs per year
Bobst India	₹2.2 Lakhs to ₹8.6 Lakhs per year
Komatsu	₹5.0 Lakhs to ₹9.3 Lakhs per year
Beumer Group	₹5.0 Lakhs to ₹6.2 Lakhs per year
Ace Designers	₹2.5 Lakhs to ₹6.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by THERMAL SYSTEMS, depending on the role and experience level.

What is the salary of a Procurement Engineer in companies similar to THERMAL SYSTEMS in India?

The salary of a Procurement Engineer at companies similar to THERMAL SYSTEMS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bosch Power Tools	₹2.1 Lakhs to ₹7.2 Lakhs per year
Kobelco Construction Equipment India	₹4.0 Lakhs to ₹5.0 Lakhs per year
Hyundai Construction Equipment	₹4.0 Lakhs to ₹4.1 Lakhs per year
HYT Engineering	₹2.1 Lakhs to ₹3.5 Lakhs per year
Super Auto Forge	₹1.5 Lakhs to ₹3.1 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 Procurement Engineer at THERMAL SYSTEMS in India?

The salary growth for a Procurement Engineer at THERMAL SYSTEMS depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at THERMAL SYSTEMS:

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.6 Lakhs per year

and so on.

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THERMAL SYSTEMS Procurement Engineer Salaries

THERMAL SYSTEMS Procurement Engineer salary in India ranges between ₹2.4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 THERMAL SYSTEMS latest salaries received from various employees of THERMAL SYSTEMS.

THERMAL SYSTEMS Procurement Engineer salaries in India

Companies similar to THERMAL SYSTEMS for Procurement Engineer

Latest annual salaries shared by THERMAL SYSTEMS Procurement Engineer

Experience wise THERMAL SYSTEMS Procurement Engineer salaries

Similar Designation salaries in THERMAL SYSTEMS

Salary related reviews for THERMAL SYSTEMS

Production Engineer in Hyderabad / Secunderabad

Project Quality Engineer in Hyderabad / Secunderabad

Production Engineer, Production & Material Planning in IDA BOLLARAM(V), JINNARAM(M) SANGAREDDY DISTRICT TELANGANA STATE

Autocad Draughtsman in Hyderabad / Secunderabad

Maintenance Engineer in Hyderabad / Secunderabad

THERMAL SYSTEMS Procurement Engineer Salary FAQs

Tell us how to improve this page.