Thermax Limited Pune ITI Welder Salaries by 10+ Employees (Updated 2025)

3 - 11 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

23% more than the average ITI Welder Salary in Industrial Machinery Companies for 3 - 11 years of experience

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Last Updated: 14 Feb 2025

Companies similar to Thermax Limited for ITI Welder in Pune

Thermax Limited ITI Welder Salary

3 - 11 years exp. (19 salaries)

₹2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Sany Heavy Industry ITI Welder Salary 1 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹5 L/yr 4% more
Tata Motors ITI Welder Salary 0 - 5 years exp. (25 salaries)	₹0.9 L/yr - ₹3 L/yr 40% less
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JCB ITI Welder Salary 0 - 9 years exp. (16 salaries)	₹1.7 L/yr - ₹3.3 L/yr 9% less
Mahindra & Mahindra ITI Welder Salary 1 - 7 years exp. (8 salaries)	₹1 L/yr - ₹3 L/yr 28% less
Thermax Babcock Wilcox Energy Solutions ITI Welder Salary 2 - 9 years exp. (5 salaries)	₹1.1 L/yr - ₹3 L/yr 14% less

ITI Welder salary at Thermax Limited ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 19 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited ITI Welder salaries in Pune

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
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5 years (3 salaries)	₹2 L/yr - ₹4.4 L/yr
6 years (3 salaries)	₹2 L/yr - ₹3 L/yr
7 years (3 salaries)	₹2 L/yr - ₹3 L/yr
8 years (3 salaries)	₹3 L/yr - ₹3.3 L/yr
9 years (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

View all

Similar Designation salaries in Thermax Limited

ITI Fitter Salary

(12 salaries)

₹2 L/yr - ₹4.5 L/yr

Technician Salary

(7 salaries)

₹3 L/yr - ₹3.5 L/yr

Fitter Salary

(7 salaries)

₹1.7 L/yr - ₹3.02 L/yr

Supervisor Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Trainee Salary

(5 salaries)

₹1 L/yr - ₹3 L/yr

ITI Electrician Salary

(5 salaries)

₹1.25 L/yr - ₹3.15 L/yr

Plant Operator Salary

(3 salaries)

₹1.3 L/yr - ₹3 L/yr

Salary related reviews for Thermax Limited

4.9

Rated by 5 employees for salary & benefits

Electrical Technician in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Nov 2023

5.0

for Salary and Benefits

Likes

1) I had good opportunity to work under a good management which use to take care of employees. 2) I had a free hand in working. 3) I was always challenged with new task, with a step ahead from my position, that help me groom into position I did.

Salary - Excellent

+6 more

Dislikes

Salary was low side,

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

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

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

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 ITI Welder Salary FAQs

What is the salary of ITI Welder at Thermax Limited in Pune?

The average salary of a ITI Welder at Thermax Limited in Pune typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of ITI Welder in Pune at Thermax Limited earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. ITI Welder 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 ITI Welder at Thermax Limited in Pune?

The estimated take-home salary of a ITI Welder at Thermax Limited in Pune typically ranges from ₹19,974 to ₹21,638 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 11 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 ITI Welder in India?

Sany Heavy Industry

₹1.4 Lakhs to ₹5.0 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 ITI Welder in companies similar to Thermax Limited in Pune?

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

JCB	₹1.7 Lakhs to ₹3.3 Lakhs per year
Thermax Babcock Wilcox Energy Solutions	₹1.1 Lakhs to ₹3.0 Lakhs per year
Mahindra & Mahindra	₹1.0 Lakhs to ₹3.0 Lakhs per year
Tata Motors	₹0.9 Lakhs to ₹3.0 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 ITI Welder at Thermax Limited in Pune?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹3.7 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.0 Lakhs per year
5 years	₹2.0 Lakhs to ₹4.4 Lakhs per year
6 years	₹2.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Thermax Limited ITI Welder Salaries in Pune

Thermax Limited ITI Welder salary in Pune ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Thermax Limited latest salaries received from various employees of Thermax Limited.