Thermax Limited Deputy Manager Procurement Salaries by 10+ Employees

11 - 17 years exp.

₹9.2 Lakhs - ₹16 Lakhs

Salary of majority employees

29% more than the average Deputy Manager Procurement Salary in Industrial Machinery Companies for 11 - 17 years of experience

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Last Updated: 18 Jul 2024

Companies similar to Thermax Limited for Deputy Manager Procurement

Company name	Avg Annual Salary	Open Jobs
Danfoss Industries Deputy Manager Procurement Salary 12 - 15 years exp. (6 salaries)	₹10.1 L/yr - ₹18.5 L/yr 9% less
Kirloskar Oil Engines Deputy Manager Procurement Salary 8 - 15 years exp. (3 salaries)	₹8.8 L/yr - ₹9.8 L/yr 38% less
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Mahindra & Mahindra Deputy Manager Procurement Salary 3 - 16 years exp. (16 salaries)	₹8 L/yr - ₹15 L/yr 22% less	1 job opening
Kirloskar Brothers Deputy Manager Procurement Salary 4 - 12 years exp. (16 salaries)	₹4.7 L/yr - ₹8.6 L/yr 55% less
Schneider Electric Deputy Manager Procurement Salary 4 - 9 years exp. (15 salaries)	₹5.5 L/yr - ₹9.5 L/yr 50% less

Deputy Manager Procurement salary at Thermax Limited ranges between ₹9.2 Lakhs to ₹16 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Deputy Manager Procurement salaries

Last Updated: 18 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹25.2 L/yr
12 years (3 salaries)	₹12 L/yr - ₹25.6 L/yr
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13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹15.4 L/yr
14 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹26.6 L/yr
15+ years (4 salaries)	₹10.2 L/yr - ₹16 L/yr

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Senior Executive Procurement Salary

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₹5.5 L/yr - ₹8.5 L/yr

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Salary related reviews for Thermax Limited

2.2

Rated by 2 employees for salary & benefits

Buyer in Bhosari MIDC, Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Feb 2021

5.0

for Salary and Benefits

Likes

In lock down, we have utilise the available time for learning and skills development. Thermax have ensured us that no one is going to loose his/her job on account of COVID- 19

Salary - Excellent

+5 more

Dislikes

Thermax is given job security and work satisfaction but on other hand salary growth is extremely low especially for individual contributors.

Procurement Executive in Pune

Procurement & Supply Chain Department

4.0

• posted on 20 Mar 2021

4.0

for Salary and Benefits

Likes

One think that I like the most in thermax working culture, learning opportunities, provide you different kind of task that will help you to boast you life.

Salary - Good

+5 more

Dislikes

One thing that need to be improve is pay scale.

Executive Buyer in Pune

Procurement & Supply Chain Department

4.0

• posted on 22 May 2018

3.0

for Salary and Benefits

Likes

You many things to learn in a very short span of time.

Skill development - Good

+1 more

Dislikes

Quite a lot of politics with higher management. Slow growth in terms of salary and hierarchy. Poor planning and management right from sales, Engineer till dispatch.

Promotions - Poor

+2 more

Store Incharge in Pune

Procurement & Supply Chain Department

4.0

• posted on 30 Oct 2020

4.0

for Salary and Benefits

Likes

Average work environment and cluture. There is large cafeteria. Company polocies average and they give average Salary hike and Bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and managment dosen't address our issues. Salary and career growth is slow.

Job security - Poor

+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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Thermax Limited Deputy Manager Procurement Salary FAQs

What is the salary of Deputy Manager Procurement at Thermax Limited ?

The average salary of a Deputy Manager Procurement at Thermax Limited in India typically ranges from ₹9.2 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Deputy Manager Procurement at Thermax Limited earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Deputy Manager Procurement 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 10+ Thermax Limited employees in India.

What is the estimated take home salary of a Deputy Manager Procurement at Thermax Limited in India?

The estimated take-home salary of a Deputy Manager Procurement at Thermax Limited in India typically ranges from ₹1,02,155 to ₹1,04,946 per month. This is based on the average salary range of ₹9.2 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 11 years to 17 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 10+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy Manager Procurement in companies similar to Thermax Limited in India?

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

Danfoss Industries	₹10.1 Lakhs to ₹18.5 Lakhs per year
Mahindra & Mahindra	₹8.0 Lakhs to ₹15.0 Lakhs per year
Kirloskar Oil Engines	₹8.8 Lakhs to ₹9.8 Lakhs per year
Schneider Electric	₹5.5 Lakhs to ₹9.5 Lakhs per year
Kirloskar Brothers	₹4.7 Lakhs to ₹8.6 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 Deputy Manager Procurement at Thermax Limited in India?

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

Experience	Average Salary Range
11 years	₹11.2 Lakhs to ₹25.2 Lakhs per year
12 years	₹12.0 Lakhs to ₹25.6 Lakhs per year
13 years	₹9.2 Lakhs to ₹15.4 Lakhs per year
14 years	₹12.9 Lakhs to ₹26.6 Lakhs per year

and so on.

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Thermax Limited Deputy Manager Procurement Salaries

Thermax Limited Deputy Manager Procurement salary in India ranges between ₹9.2 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Thermax Limited latest salaries received from various employees of Thermax Limited.