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.

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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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

Material Engineer in Pune

Shift Incharge in Kharagpur

Facility Manager in Bidar

Sales And Business Development in Mumbai

Thermax Limited Management Trainee Salary FAQs

Tell us how to improve this page.