Thermax Limited Pune Associate Engineer Salaries by 3 Employees

1 - 3 years exp.

₹4.5 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Associate Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

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Last Updated: 19 Jun 2024

Companies similar to Thermax Limited for Associate Engineer in Pune

Thermax Limited Associate Engineer Salary

1 - 3 years exp. (3 salaries)

₹4.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Danfoss Industries Associate Engineer Salary 1 - 8 years exp. (25 salaries)	₹4.2 L/yr - ₹11.7 L/yr 84% more
KSB Limited - Irrigation & Process Division (IPD) Associate Engineer Salary 5 - 10 years exp. (13 salaries)	₹4.1 L/yr - ₹7 L/yr 15% more
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Cummins Associate Engineer Salary 2 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹6 L/yr At par
Caterpillar Inc Associate Engineer Salary 1 - 9 years exp. (4 salaries)	₹5 L/yr - ₹12 L/yr 109% more
Schindler Group Associate Engineer Salary 2 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr 2% less

Associate Engineer salary at Thermax Limited ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Associate Engineer salaries in Pune

Last Updated: 19 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for Thermax Limited

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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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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Thermax Limited Associate Engineer Salary FAQs

How the salary growth look like for a Associate Engineer at Thermax Limited in Pune?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Thermax Limited Associate Engineer Salaries in Pune

Thermax Limited Associate Engineer salary in Pune ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.