Thermax Limited Business Associate Salaries by Employees (Updated 2025)

Select experience

₹25.2 Lakhs - ₹32.2 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 22 Jun 2024

Companies similar to Thermax Limited for Business Associate

Company name	Avg Annual Salary	Open Jobs
Siemens Business Associate Salary 0 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹5.3 L/yr 85% less
Larsen & Toubro Limited Business Associate Salary 2 - 7 years exp. (7 salaries)	₹3.7 L/yr - ₹6.2 L/yr 84% less
Login to view exact salary
Tata Power Business Associate Salary 0 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹2.2 L/yr 93% less
Tech Mahindra Business Associate Salary 0 - 9 years exp. (1.2k salaries)	₹1.1 L/yr - ₹10.5 L/yr 80% less	1 job opening
TCS Business Associate Salary 1 - 8 years exp. (953 salaries)	₹1 L/yr - ₹9.9 L/yr 82% less

Business Associate salary at Thermax Limited ranges between ₹25.2 Lakhs to ₹32.2 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Thermax Limited.

Similar Designation salaries in Thermax Limited

Business Analyst Salary

(5 salaries)

₹5 L/yr - ₹8.52 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Business Analyst Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

(18 salaries)

₹6.8 L/yr - ₹20 L/yr

Project Manager Salary

(139 salaries)

₹5.61 L/yr - ₹18.11 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Data Analyst Salary

(7 salaries)

₹3 L/yr - ₹6.7 L/yr

Salary related reviews for Thermax Limited

Deputy Manager in Pune

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

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Project Manager in Pune

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

Salary - Bad

+3 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

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about Thermax Limited?

Ask anonymously on communities.

Tell us how to improve this page.

Home >
Salaries >
Thermax Limited Salaries >
Thermax Limited Business Associate Salaries

Thermax Limited Business Associate salary in India ranges between ₹25.2 Lakhs to ₹32.2 Lakhs. This is an estimate based on latest salaries received from employees of Thermax Limited.

Thermax Limited Business Associate salaries in India

Companies similar to Thermax Limited for Business Associate

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Deputy Manager in Pune

Project Manager in Pune

Facility Manager in Bidar

Sales And Business Development in Mumbai

Executive - Operations And HR in Pune

Tell us how to improve this page.