Thermax Limited Associate Engineer Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

Fixed (92%)

₹4 Lakhs

Variable (8%)

₹0.4 Lakh

20% less than the average Associate Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Associate Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
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Research & Development Associate Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr

Last Updated: 19 Jan 2025

Companies similar to Thermax Limited for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Caterpillar Inc Associate Engineer Salary 0 - 6 years exp. (179 salaries)	₹4 L/yr - ₹14.9 L/yr 122% more
Flowserve Associate Engineer Salary 1 - 10 years exp. (116 salaries)	₹4.9 L/yr - ₹11.6 L/yr 117% more	2 job openings
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Wipro Infrastructure Engineering Associate Engineer Salary 1 - 5 years exp. (43 salaries)	₹2 L/yr - ₹4.5 L/yr 38% less
TechnipFMC Associate Engineer Salary 0 - 2 years exp. (32 salaries)	₹4.2 L/yr - ₹9 L/yr 57% more
Danfoss Industries Associate Engineer Salary 1 - 8 years exp. (27 salaries)	₹4.2 L/yr - ₹11.7 L/yr 81% more
KSB Limited - Irrigation & Process Division (IPD) Associate Engineer Salary 5 - 10 years exp. (18 salaries)	₹4.1 L/yr - ₹7 L/yr 22% more
ABB Associate Engineer Salary 0 - 6 years exp. (14 salaries)	₹4.4 L/yr - ₹13.6 L/yr 103% more
KONE Associate Engineer Salary 1 - 3 years exp. (11 salaries)	₹4 L/yr - ₹6.5 L/yr 20% more
EMERSON PROCESS MANAGEMENT Associate Engineer Salary 1 - 3 years exp. (6 salaries)	₹4.7 L/yr - ₹6.6 L/yr 22% more
Cummins Associate Engineer Salary 2 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹6 L/yr 12% more
Schindler Group Associate Engineer Salary 2 - 7 years exp. (5 salaries)	₹3.3 L/yr - ₹8.8 L/yr 36% more
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Timken Associate Engineer Salary 2 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹6 L/yr 16% more
John Deere Associate Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹8.5 L/yr At par
Trane Technologies Associate Engineer Salary 0 - 9 years exp. (3 salaries)	₹9.3 L/yr - ₹17.2 L/yr 221% more

Associate Engineer salary at Thermax Limited ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Associate Engineer salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹4.4 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9 L/yr

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₹2 L/yr - ₹9.71 L/yr

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Senior Engineer Salary

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₹3.3 L/yr - ₹12 L/yr

Lead Engineer Salary

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₹5.7 L/yr - ₹13.78 L/yr

Associate Software Engineer Salary

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₹3 L/yr - ₹6 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Software Developer Salary

(9 salaries)

₹3 L/yr - ₹9 L/yr

Technical Lead Salary

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₹18.9 L/yr - ₹24.2 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for Thermax Limited

3.0

Rated by 1 employees for salary & benefits

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

Senior Engineer in Ahmedabad

Project & Program Management Department

4.0

• posted on 12 Apr 2020

3.0

for Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

Job security - Poor

+2 more

Material Engineer in Pune

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.

Promotions - Poor

+2 more

Shift Incharge in Kharagpur

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

Skill development - Poor

+2 more

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

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Thermax Limited Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Thermax Limited ?

The average salary of a Associate Engineer at Thermax Limited in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Associate Engineer at Thermax Limited earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Associate Engineer 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 Associate Engineer at Thermax Limited in India?

The estimated take-home salary of a Associate Engineer at Thermax Limited in India typically ranges from ₹32,839 to ₹34,111 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher 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 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 Associate Engineer in India?

Trane Technologies	₹9.3 Lakhs to ₹17.2 Lakhs per year
Caterpillar Inc	₹4.0 Lakhs to ₹14.9 Lakhs per year
Flowserve	₹4.9 Lakhs to ₹11.6 Lakhs per year
ABB	₹4.4 Lakhs to ₹13.6 Lakhs per year
Danfoss Industries	₹4.2 Lakhs to ₹11.7 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 Associate Engineer in companies similar to Thermax Limited in India?

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

TechnipFMC	₹4.2 Lakhs to ₹9.0 Lakhs per year
Schindler Group	₹3.3 Lakhs to ₹8.8 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹4.7 Lakhs to ₹6.6 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD)	₹4.1 Lakhs to ₹7.0 Lakhs per year
KONE	₹4.0 Lakhs to ₹6.5 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 Associate Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.4 Lakhs per year
1 year	₹1.7 Lakhs to ₹5.0 Lakhs per year
2 years	₹4.5 Lakhs to ₹8.3 Lakhs per year
3 years	₹4.8 Lakhs to ₹9.0 Lakhs per year

and so on.

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Thermax Limited Associate Engineer Salaries

Thermax Limited Associate Engineer salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Thermax Limited latest salaries received from various employees of Thermax Limited.