Thermax Limited Diploma Mechanical Engineer Salaries by 10 Employees

1 - 10 years exp.

₹2.3 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Diploma Mechanical Engineer Salary in Industrial Machinery Companies for 1 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Mechanical Engineer Salary 1 - 10 years exp. (7 salaries)	₹2.3 L/yr - ₹3.7 L/yr
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Procurement & Supply Chain Diploma Mechanical Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 31 Mar 2024

Companies similar to Thermax Limited for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Cummins Diploma Mechanical Engineer Salary 0 - 4 years exp. (77 salaries)	₹1.5 L/yr - ₹3.8 L/yr 22% less
John Deere Diploma Mechanical Engineer Salary 0 - 4 years exp. (66 salaries)	₹1.2 L/yr - ₹4 L/yr 31% less
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Lakshmi Machine Works Diploma Mechanical Engineer Salary 0 - 6 years exp. (16 salaries)	₹1.3 L/yr - ₹3 L/yr 33% less
Wipro Infrastructure Engineering Diploma Mechanical Engineer Salary 1 - 5 years exp. (12 salaries)	₹1.5 L/yr - ₹2.5 L/yr 35% less
Kirloskar Oil Engines Diploma Mechanical Engineer Salary 0 - 8 years exp. (12 salaries)	₹1.6 L/yr - ₹3.5 L/yr 14% less
Timken Diploma Mechanical Engineer Salary 1 - 9 years exp. (11 salaries)	₹1.8 L/yr - ₹4.5 L/yr 11% less
Caterpillar Inc Diploma Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹1.7 L/yr - ₹2.5 L/yr 34% less
Atlas Copco Diploma Mechanical Engineer Salary 0 - 3 years exp. (6 salaries)	₹2.2 L/yr - ₹2.5 L/yr 26% less
EMERSON PROCESS MANAGEMENT Diploma Mechanical Engineer Salary 1 - 4 years exp. (5 salaries)	₹1 L/yr - ₹2.1 L/yr 56% less
ABB Diploma Mechanical Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 27% less
Epiroc Diploma Mechanical Engineer Salary 4 - 7 years exp. (5 salaries)	₹7.2 L/yr - ₹10.2 L/yr 162% more
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Stanley Black & Decker Diploma Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹2.3 L/yr 35% less
Fuji Electric Diploma Mechanical Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.4 L/yr 16% less
GE Transportation Diploma Mechanical Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.8 L/yr 36% less
KSB Limited - Irrigation & Process Division (IPD) Diploma Mechanical Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr 10% less
Expertise Contracting Company Diploma Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 100% more
Flowserve Diploma Mechanical Engineer Salary 4 - 13 years exp. (3 salaries)	₹4.8 L/yr - ₹7.3 L/yr 78% more

Diploma Mechanical Engineer salary at Thermax Limited ranges between ₹2.3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Diploma Mechanical Engineer salaries

Last Updated: 31 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr

View all

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Salary related reviews for Thermax Limited

2.6

Rated by 6 employees for salary & benefits

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

Assistant Engineer in Sirohi

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 08 Oct 2023

1.0

for Salary and Benefits

Likes

I am quite happy to have worked in Thermax, or I have got a lot of experience in Thermax which will make my future better

Skill development - Excellent

+5 more

Dislikes

Salary structure is not goog for thermax engineering, and senior management underestimate our work preformence

Salary - Bad

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 more

Mechanical Maintenance Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Feb 2022

5.0

for Salary and Benefits

Likes

Best cultur for work, salary is every month 1 date compulsory, mess , gest house no cost , very smooth work, hr policy is very strong.

Salary - Excellent

+6 more

Dislikes

In the mechanical department many places only single incharge, so that work pressure and documentation is very high.

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.

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Thermax Limited Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Thermax Limited ?

The average salary of a Diploma Mechanical Engineer at Thermax Limited in India typically ranges from ₹2.3 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Diploma Mechanical Engineer at Thermax Limited earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Diploma Mechanical 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 10 Thermax Limited employees in India.

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

The estimated take-home salary of a Diploma Mechanical Engineer at Thermax Limited in India typically ranges from ₹22,866 to ₹24,337 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 10 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.

Which companies offer higher salaries than Thermax Limited for Diploma Mechanical Engineer in India?

Epiroc	₹7.2 Lakhs to ₹10.2 Lakhs per year
Expertise Contracting Company	₹3.0 Lakhs to ₹9.0 Lakhs per year
Flowserve	₹4.8 Lakhs to ₹7.3 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 Diploma Mechanical Engineer in companies similar to Thermax Limited in India?

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

KSB Limited - Irrigation & Process Division (IPD)	₹1.8 Lakhs to ₹3.6 Lakhs per year
Timken	₹1.8 Lakhs to ₹4.5 Lakhs per year
Kirloskar Oil Engines	₹1.6 Lakhs to ₹3.5 Lakhs per year
Fuji Electric	₹2.4 Lakhs to ₹3.4 Lakhs per year
Cummins	₹1.5 Lakhs to ₹3.8 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 Diploma Mechanical Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹5.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.7 Lakhs to ₹5.6 Lakhs per year

and so on.

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Thermax Limited Diploma Mechanical Engineer Salaries

Thermax Limited Diploma Mechanical Engineer salary in India ranges between ₹2.3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Thermax Limited latest salaries received from various employees of Thermax Limited.