Thermax Limited Management Trainee Salaries by 7 Employees

0 - 3 years exp.

₹13 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

Fixed (93%)

₹13.5 Lakhs

Variable (7%)

₹0.9 Lakh

97% more than the average Management Trainee Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹14.3 L/yr - ₹16 L/yr
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Procurement & Supply Chain Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹14.2 L/yr - ₹14.4 L/yr

Last Updated: 26 Dec 2024

Companies similar to Thermax Limited for Management Trainee

Company name	Avg Annual Salary	Open Jobs
KSB Limited - Irrigation & Process Division (IPD) Management Trainee Salary 0 - 2 years exp. (14 salaries)	₹3 L/yr - ₹4.2 L/yr 74% less
Atlas Copco Management Trainee Salary Fresher (12 salaries)	₹5.4 L/yr - ₹14.3 L/yr 37% less
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ABB Management Trainee Salary 0 - 1 year exp. (12 salaries)	₹6 L/yr - ₹8.5 L/yr 57% less
Cummins Management Trainee Salary 0 - 1 year exp. (9 salaries)	₹6.9 L/yr - ₹8.3 L/yr 47% less
Lakshmi Machine Works Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 67% less
Schindler Group Management Trainee Salary Fresher (5 salaries)	₹12 L/yr - ₹15.5 L/yr 4% less
Hilti Management Trainee Salary 0 - 14 years exp. (5 salaries)	₹12 L/yr - ₹35 L/yr 64% more
Wipro Infrastructure Engineering Management Trainee Salary 1 - 3 years exp. (5 salaries)	₹1.1 L/yr - ₹4.2 L/yr 85% less
Kirloskar Oil Engines Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 49% less
Sany Heavy Industry Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹4 L/yr - ₹4.4 L/yr 72% less
Danfoss Industries Management Trainee Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹4.4 L/yr 78% less
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Timken Management Trainee Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.3 L/yr 86% less
Epiroc Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹11.3 L/yr 59% less
Alfa Laval Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹10.4 L/yr - ₹13.2 L/yr 20% less
Caterpillar Inc Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹9.7 L/yr - ₹15.5 L/yr 6% less
John Deere Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹8.5 L/yr - ₹12.2 L/yr 25% less

Management Trainee salary at Thermax Limited ranges between ₹13 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Management Trainee salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹13 L/yr - ₹25.9 L/yr
1 year (3 salaries)	₹14 L/yr - ₹15 L/yr
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2 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹26 L/yr

Similar Designation salaries in Thermax Limited

Finance Executive Salary

(18 salaries)

₹2.93 L/yr - ₹6.5 L/yr

Accountant Salary

(4 salaries)

₹4.05 L/yr - ₹5.25 L/yr

Team Lead Salary

(18 salaries)

₹6.8 L/yr - ₹20 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Accounts Officer Salary

(4 salaries)

₹2.7 L/yr - ₹3.2 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Deputy Manager Salary

(159 salaries)

₹7 L/yr - ₹20.1 L/yr

Salary related reviews for Thermax Limited

2.1

Rated by 2 employees for salary & benefits

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.

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

Shift Incharge Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Safety culture is the thing I like the most. I have learnt more about safety as shift incharge which is the good thing in the thermax

Skill development - Good

+1 more

Dislikes

The corruption in thermax is the thing I hate it. Like, during bonus, I have get about Rs 20000 on paper but i received only Rs 10085 as a bonus. The Rs 10000 I not received yet. Pls Help me to get my due bonus amount

Salary - Poor

+2 more

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

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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 Management Trainee Salary FAQs

What is the salary of Management Trainee at Thermax Limited ?

The average salary of a Management Trainee at Thermax Limited in India typically ranges from ₹13.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at Thermax Limited earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Management Trainee 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 7 Thermax Limited employees in India.

What is the estimated take home salary of a Management Trainee at Thermax Limited in India?

The estimated take-home salary of a Management Trainee at Thermax Limited in India typically ranges from ₹1,00,062 to ₹1,02,785 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 7 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 Management Trainee in India?

Hilti

₹12.0 Lakhs to ₹35.0 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 Management Trainee in companies similar to Thermax Limited in India?

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

Schindler Group	₹12.0 Lakhs to ₹15.5 Lakhs per year
Caterpillar Inc	₹9.7 Lakhs to ₹15.5 Lakhs per year
Alfa Laval	₹10.4 Lakhs to ₹13.2 Lakhs per year
John Deere	₹8.5 Lakhs to ₹12.2 Lakhs per year
Atlas Copco	₹5.4 Lakhs to ₹14.3 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 Management Trainee at Thermax Limited in India?

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

Experience	Average Salary Range
Fresher	₹13.0 Lakhs to ₹25.9 Lakhs per year
1 year	₹14.0 Lakhs to ₹15.0 Lakhs per year
2 years	₹5.8 Lakhs to ₹16.0 Lakhs per year
3 years	₹14.3 Lakhs to ₹26.0 Lakhs per year

and so on.

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Thermax Limited Management Trainee Salaries

Thermax Limited Management Trainee salary in India ranges between ₹13 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Thermax Limited latest salaries received from various employees of Thermax Limited.

Thermax Limited Management Trainee salaries in India

Companies similar to Thermax Limited for Management Trainee

Latest annual salaries shared by Thermax Limited Management Trainee

Experience wise Thermax Limited Management Trainee salaries

Similar Designation salaries in Thermax Limited

Salary related reviews for Thermax Limited

Deputy Manager in Pune

Executive - Operations And HR in Pune

Operation Incharge in Jalandhar

Shift Incharge Engineer in Kolkata

Shift Incharge in Pune

Thermax Limited Management Trainee Salary FAQs

Tell us how to improve this page.