Thermax Limited Pune Executive Materials Salaries by 3 Employees (Updated 2025)

0 - 2 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Executive Materials Salary in Industrial Machinery Companies for 0 - 2 years of experience

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Last Updated: 16 Jan 2025

Companies similar to Thermax Limited for Executive Materials in Pune

Thermax Limited Executive Materials Salary

0 - 2 years exp. (3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Cummins Executive Materials Salary 1 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 29% less
Voltas Executive Materials Salary 4 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 2% more
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Asian Paints Executive Materials Salary 2 - 8 years exp. (11 salaries)	₹5.7 L/yr - ₹8.2 L/yr 152% more
International Automotive Components Executive Materials Salary 2 - 12 years exp. (7 salaries)	₹3.4 L/yr - ₹7.8 L/yr 50% more
Tata Motors Executive Materials Salary 2 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹5 L/yr 23% more

Executive Materials salary at Thermax Limited ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Executive Materials salaries in Pune

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for Thermax Limited

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

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Executive Materials Salary FAQs

What is the notice period for Executive Materials at Thermax Limited in Pune?

According to AmbitionBox, 100% of the Thermax Limited Executive Materialss in Pune reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Thermax Limited Executive Materials Salaries in Pune

Thermax Limited Executive Materials salary in Pune ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.