Thermax Limited Pune Lead Design Engineer Salaries by 10+ Employees

1 - 7 years exp.

₹4.2 Lakhs - ₹13.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% 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 3 - 5 years exp. (3 salaries)	₹7.5 L/yr - ₹8.5 L/yr

Last Updated: 4 Oct 2024

Companies similar to Thermax Limited for Lead Design Engineer in Pune

Thermax Limited Lead Design Engineer Salary

1 - 7 years exp. (15 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
John Deere Lead Design Engineer Salary 6 - 14 years exp. (55 salaries)	₹12.5 L/yr - ₹29.5 L/yr 147% more
Atlas Copco Lead Design Engineer Salary 10 - 13 years exp. (19 salaries)	₹11.5 L/yr - ₹18.6 L/yr 77% more
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Cummins Lead Design Engineer Salary 6 - 16 years exp. (3 salaries)	₹5.1 L/yr - ₹25.5 L/yr 42% more
Tata Elxsi Lead Design Engineer Salary 6 - 12 years exp. (42 salaries)	₹8.1 L/yr - ₹16.5 L/yr 47% more
Hinduja Tech Lead Design Engineer Salary 6 - 11 years exp. (16 salaries)	₹8.1 L/yr - ₹15.6 L/yr 40% more

Lead Design Engineer salary at Thermax Limited ranges between ₹4.2 Lakhs to ₹13.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 15 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Lead Design Engineer salaries in Pune

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
2 years (3 salaries)	₹3.1 L/yr - ₹13.7 L/yr
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3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
4 years (3 salaries)	₹5.5 L/yr - ₹15.7 L/yr
5 years (4 salaries)	₹4.5 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

View all

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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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Thermax Limited Lead Design Engineer Salary FAQs

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

The average salary of a Lead Design Engineer at Thermax Limited in Pune typically ranges from ₹4.2 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Lead Design Engineer in Pune at Thermax Limited earn more than ₹11.5 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 Pune?

The estimated take-home salary of a Lead Design Engineer at Thermax Limited in Pune typically ranges from ₹63,656 to ₹65,276 per month. This is based on the average salary range of ₹4.2 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 in Pune?

To be a Lead Design Engineer at Thermax Limited in Pune, 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
Atlas Copco	₹11.5 Lakhs to ₹18.6 Lakhs per year
Tata Elxsi	₹8.1 Lakhs to ₹16.5 Lakhs per year
Cummins	₹5.1 Lakhs to ₹25.5 Lakhs per year
Hinduja Tech	₹8.1 Lakhs to ₹15.6 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.

How the salary growth look like for a Lead Design Engineer at Thermax Limited in Pune?

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

Experience	Average Salary Range
1 year	₹6.4 Lakhs to ₹8.1 Lakhs per year
2 years	₹3.1 Lakhs to ₹13.7 Lakhs per year
3 years	₹7.3 Lakhs to ₹9.4 Lakhs per year
4 years	₹5.5 Lakhs to ₹15.7 Lakhs per year

and so on.

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Thermax Limited Lead Design Engineer Salaries in Pune

Thermax Limited Lead Design Engineer salary in Pune ranges between ₹4.2 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Thermax Limited latest salaries received from various employees of Thermax Limited.