Thermax Limited Contract Engineer Salaries by 4 Employees

5 - 8 years exp.

₹5.3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Contract Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Thermax Limited for Contract Engineer

Company name	Avg Annual Salary	Open Jobs
Danfoss Industries Contract Engineer Salary 1 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 37% less
Bharat Electronics Contract Engineer Salary 1 - 6 years exp. (262 salaries)	₹2 L/yr - ₹4.8 L/yr 42% less
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Defence Research & Development Organisation Contract Engineer Salary 0 - 4 years exp. (105 salaries)	₹1.5 L/yr - ₹4.6 L/yr 47% less
Reliance Industries Contract Engineer Salary 1 - 9 years exp. (61 salaries)	₹5.5 L/yr - ₹15.5 L/yr 51% more
Aeronautical Development Agency Contract Engineer Salary 0 - 3 years exp. (53 salaries)	₹3.3 L/yr - ₹4.6 L/yr 28% less

Contract Engineer salary at Thermax Limited ranges between ₹5.3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Contract Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.9 L/yr
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7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr

Similar Designation salaries in Thermax Limited

Deputy Manager Salary

(159 salaries)

₹7 L/yr - ₹20.1 L/yr

Project Manager Salary

(137 salaries)

₹5.61 L/yr - ₹19.5 L/yr

Senior Engineer Salary

(137 salaries)

₹3.3 L/yr - ₹12 L/yr

Safety Officer Salary

(134 salaries)

₹2.5 L/yr - ₹7.35 L/yr

Project Engineer Salary

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₹2 L/yr - ₹9.71 L/yr

Facility Manager Salary

(54 salaries)

₹3 L/yr - ₹12 L/yr

Field Engineer Salary

(51 salaries)

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Deputy Executive Salary

(26 salaries)

₹2.65 L/yr - ₹5.05 L/yr

Senior Project Executive Salary

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₹6.5 L/yr - ₹9 L/yr

Supervisor Salary

(22 salaries)

₹1.5 L/yr - ₹6.09 L/yr

Salary related reviews for Thermax Limited

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

Safety Officer in Roha

Full Time

Environment Health & Safety Department

4.0

• posted on 10 Dec 2022

3.0

for Salary and Benefits

Likes

Strong safety culture, Motivated top management regarding safety, Good initiatives in safety, Timely salary

Skill development - Good

+3 more

Dislikes

FTC benefits not so much appealing, Default Mediclaim only 1 lakh, Most of the FTC employees technically subpar which affects site culture

Promotions - Poor

Safety Officer in Site To Site

Contractual

Environment Health & Safety Department

5.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

... 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.

Salary - Good

+6 more

Dislikes

I don't get weekly off on time

Field Engineer in Jhajjar

Part Time

Production, Manufacturing & Engineering Department

4.0

• posted on 03 May 2023

4.0

for Salary and Benefits

Likes

Staff behaviour good Salary credited on time Monthly motivation metting and explain company policy and new plan Safety PPE quality is good

Salary - Good

+6 more

Dislikes

Some time leave issue due to manpower issue Recruited PPE not given on time

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.

see more salary related reviews

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Thermax Limited Contract Engineer Salary FAQs

What is the salary of Contract Engineer at Thermax Limited ?

The average salary of a Contract Engineer at Thermax Limited in India typically ranges from ₹5.3 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Contract Engineer at Thermax Limited earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Contract 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 4 Thermax Limited employees in India.

What is the estimated take home salary of a Contract Engineer at Thermax Limited in India?

The estimated take-home salary of a Contract Engineer at Thermax Limited in India typically ranges from ₹44,533 to ₹45,631 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 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 Contract Engineer in India?

Reliance Industries

₹5.5 Lakhs to ₹15.5 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 Contract Engineer in companies similar to Thermax Limited in India?

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

Aeronautical Development Agency	₹3.3 Lakhs to ₹4.6 Lakhs per year
Danfoss Industries	₹3.6 Lakhs to ₹4.0 Lakhs per year
Bharat Electronics	₹2.0 Lakhs to ₹4.8 Lakhs per year
Defence Research & Development Organisation	₹1.5 Lakhs to ₹4.6 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 Contract Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
5 years	₹5.3 Lakhs to ₹9.6 Lakhs per year
6 years	₹2.3 Lakhs to ₹5.9 Lakhs per year
7 years	₹5.9 Lakhs to ₹10.9 Lakhs per year
8 years	₹2.6 Lakhs to ₹6.5 Lakhs per year

and so on.

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Thermax Limited Contract Engineer Salaries

Thermax Limited Contract Engineer salary in India ranges between ₹5.3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Contract Engineer salaries in India

Companies similar to Thermax Limited for Contract Engineer

Latest annual salaries shared by Thermax Limited Contract Engineer

Experience wise Thermax Limited Contract Engineer salaries

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Facility Manager in Bidar

Safety Officer in Roha

Safety Officer in Site To Site

Field Engineer in Jhajjar

Deputy Manager in Pune

Thermax Limited Contract Engineer Salary FAQs

Tell us how to improve this page.