Thermax Limited Lead Design Engineer Salaries by 10+ Employees

1 - 7 years exp.

₹4.3 Lakhs - ₹13.5 Lakhs

Salary of majority employees

30% less than the average Lead Design Engineer Salary in Industrial Machinery Companies for 1 - 7 years of experience

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Salaries in different departments

Research & Development Lead Design Engineer Salary 2 - 7 years exp. (11 salaries)	₹3.8 L/yr - ₹13.5 L/yr
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Production, Manufacturing & Engineering Lead Design Engineer Salary 2 - 5 years exp. (5 salaries)	₹7.5 L/yr - ₹10.3 L/yr

Last Updated: 12 Nov 2024

Companies similar to Thermax Limited for Lead Design Engineer

Company name	Avg Annual Salary	Open Jobs
Siemens Lead Design Engineer Salary 9 - 14 years exp. (4 salaries)	₹10 L/yr - ₹20.5 L/yr 60% more
Larsen & Toubro Limited Lead Design Engineer Salary 13 - 19 years exp. (5 salaries)	₹8.5 L/yr - ₹25.3 L/yr 73% more
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Cummins Lead Design Engineer Salary 6 - 16 years exp. (3 salaries)	₹5.1 L/yr - ₹25.5 L/yr 35% more
ABB Lead Design Engineer Salary 9 - 17 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr 60% more
Tata Power Lead Design Engineer Salary 10 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹9.8 L/yr 8% less
John Deere Lead Design Engineer Salary 6 - 14 years exp. (58 salaries)	₹12.5 L/yr - ₹29.5 L/yr 144% more
Atlas Copco Lead Design Engineer Salary 10 - 15 years exp. (21 salaries)	₹11.5 L/yr - ₹17 L/yr 66% more
Caterpillar Inc Lead Design Engineer Salary 7 - 15 years exp. (12 salaries)	₹9 L/yr - ₹18 L/yr 32% more
TechnipFMC Lead Design Engineer Salary 9 - 14 years exp. (9 salaries)	₹9 L/yr - ₹14.5 L/yr 22% more
KONE Lead Design Engineer Salary 5 - 9 years exp. (5 salaries)	₹5.5 L/yr - ₹6.8 L/yr 34% less
Lakshmi Machine Works Lead Design Engineer Salary 7 - 14 years exp. (4 salaries)	₹9.2 L/yr - ₹13 L/yr 20% more
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Lead Design Engineer salary at Thermax Limited ranges between ₹4.3 Lakhs to ₹13.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 17 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Lead Design Engineer salaries

Last Updated: 12 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹13.6 L/yr
2 years (4 salaries)	₹3.2 L/yr - ₹9 L/yr
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3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.3 L/yr
4 years (3 salaries)	₹5.5 L/yr - ₹16.6 L/yr
5 years (4 salaries)	₹4.5 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹18.5 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in Thermax Limited

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Senior Engineer Salary

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₹3.9 L/yr - ₹12 L/yr

Structural Design Engineer Salary

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₹3.6 L/yr - ₹10.3 L/yr

Process Engineer Salary

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Assistant Engineer Salary

(9 salaries)

₹2.5 L/yr - ₹4.8 L/yr

Top skills at Thermax Limited for Lead Design Engineer

Boiler Design Engineering Ansys Pressure Vessels ASME Design Calculations ibr Detail Engineering Agriculture Staad Heat Exchangers Mechanical Design Conveyors Design Solid Edge

Salary related reviews for Thermax Limited

3.3

Rated by 3 employees for salary & benefits

Lead Engineer in Prayagraj / Allahabad

Full Time

Other Department

4.0

• posted on 19 Nov 2024

5.0

for Salary and Benefits

Likes

Salary timely

Salary - Excellent

+5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher 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

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.

Senior Engineer in Ahmedabad

Project & Program Management Department

4.0

• posted on 12 Apr 2020

3.0

for Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

Job security - Poor

+2 more

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Thermax Limited Lead Design Engineer Salary FAQs

What is the salary of Lead Design Engineer at Thermax Limited ?

The average salary of a Lead Design Engineer at Thermax Limited in India typically ranges from ₹4.3 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Lead Design Engineer at Thermax Limited earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Lead Design 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 Lead Design Engineer at Thermax Limited in India?

The estimated take-home salary of a Lead Design Engineer at Thermax Limited in India typically ranges from ₹66,910 to ₹68,622 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 are the key skills required to be a Lead Design Engineer at Thermax Limited ?

To be a Lead Design Engineer at Thermax Limited in india, the key skills required include:

- Boiler
- Design Engineering
- Ansys
- Pressure Vessels
- ASME

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Thermax Limited for Lead Design Engineer in India?

John Deere	₹12.5 Lakhs to ₹29.5 Lakhs per year
Larsen & Toubro Limited	₹8.5 Lakhs to ₹25.3 Lakhs per year
Atlas Copco	₹11.5 Lakhs to ₹17.0 Lakhs per year
Siemens	₹10.0 Lakhs to ₹20.5 Lakhs per year
ABB	₹12.0 Lakhs to ₹16.0 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 Lead Design Engineer in companies similar to Thermax Limited in India?

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

Cummins	₹5.1 Lakhs to ₹25.5 Lakhs per year
Caterpillar Inc	₹9.0 Lakhs to ₹18.0 Lakhs per year
TechnipFMC	₹9.0 Lakhs to ₹14.5 Lakhs per year
Lakshmi Machine Works	₹9.2 Lakhs to ₹13.0 Lakhs per year
Tata Power	₹7.7 Lakhs to ₹9.8 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 Lead Design Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
1 year	₹5.5 Lakhs to ₹13.6 Lakhs per year
2 years	₹3.2 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.5 Lakhs to ₹10.3 Lakhs per year
4 years	₹5.5 Lakhs to ₹16.6 Lakhs per year

and so on.

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Thermax Limited Lead Design Engineer Salaries

Thermax Limited Lead Design Engineer salary in India ranges between ₹4.3 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Thermax Limited latest salaries received from various employees of Thermax Limited.