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4.1

based on 3.4k Reviews

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Thermax Limited Management Trainee salaries in Pune

Annual salary range
0 - 3 years exp.
₹14.2 Lakhs - ₹16 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
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Monthly In-hand Salary

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114% more than the average Management Trainee Salary in Industrial Machinery Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Management Trainee Salary
1 - 3 years exp. (3 salaries)
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₹14.3 L/yr - ₹16 L/yr

Procurement & Supply Chain
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹14.2 L/yr - ₹14.5 L/yr

Last Updated: 26 Dec 2024

Companies similar to Thermax Limited for Management Trainee in Pune

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Thermax Limited Management Trainee Salary

0 - 3 years exp. (5 salaries)
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₹14.2 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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KSB Limited - Irrigation & Process Division (IPD) Management Trainee Salary

0 - 2 years exp. (10 salaries)
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₹3 L/yr - ₹4.2 L/yr

arrow icon 75% less
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Cummins Management Trainee Salary

0 - 1 year exp. (3 salaries)
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₹5.8 L/yr - ₹7.2 L/yr

arrow icon 55% less
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Kirloskar Oil Engines Management Trainee Salary

1 - 2 years exp. (3 salaries)
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₹6 L/yr - ₹8 L/yr

arrow icon 50% less
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Genpact Management Trainee Salary

0 - 13 years exp. (251 salaries)
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₹3.3 L/yr - ₹11 L/yr

arrow icon 52% less
 24 job openings
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Crisil Management Trainee Salary

0 - 4 years exp. (45 salaries)
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₹6.5 L/yr - ₹15 L/yr

arrow icon 23% less
 4 job openings
Management Trainee salary at Thermax Limited ranges between ₹14.2 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Management Trainee in Pune

3mo ago
₹14.3 Lakhs
1 year exp.
4mo ago
₹14.3 Lakhs
3 years exp.
8mo ago
₹14.2 Lakhs
9 months exp.
1y ago
₹16 Lakhs
2 years exp.

Experience wise Thermax Limited Management Trainee salaries in Pune

Last Updated: 26 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
1 year (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
2 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
3 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr

Similar Designation salaries in Thermax Limited

Deputy Manager Salary
(123 salaries)
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₹7.3 L/yr - ₹20.1 L/yr
Finance Executive Salary
(13 salaries)
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₹2.93 L/yr - ₹6.5 L/yr
Team Lead Salary
(7 salaries)
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₹8.5 L/yr - ₹20 L/yr
Accounts Officer Salary
(3 salaries)
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₹2.7 L/yr - ₹3.2 L/yr

Salary related reviews for Thermax Limited

4.0

Rated by 1 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

read more
  • 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.

read more
  • 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

read more
  • 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

read more
  • 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

read more
  • 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

read more
  • 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

read more
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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 Management Trainee Salary FAQs

What is the salary of Management Trainee at Thermax Limited in Pune?
The average salary of a Management Trainee at Thermax Limited in Pune typically ranges from ₹14.2 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee in Pune at Thermax Limited earn more than ₹16.0 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 5 Thermax Limited employees in India.
What is the estimated take home salary of a Management Trainee at Thermax Limited in Pune?
The estimated take-home salary of a Management Trainee at Thermax Limited in Pune typically ranges from ₹1,00,241 to ₹1,02,970 per month. This is based on the average salary range of ₹14.2 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 5 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Management Trainee in companies similar to Thermax Limited in Pune?
The salary of a Management Trainee at companies similar to Thermax Limited in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Crisil ₹6.5 Lakhs to ₹15.0 Lakhs per year
Kirloskar Oil Engines ₹6.0 Lakhs to ₹8.0 Lakhs per year
Genpact ₹3.3 Lakhs to ₹11.0 Lakhs per year
Cummins ₹5.8 Lakhs to ₹7.2 Lakhs per year
KSB Limited - Irrigation & Process Division (IPD) ₹3.0 Lakhs to ₹4.2 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 Pune?
The salary growth for a Management Trainee at Thermax Limited in Pune depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Pune can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
Fresher ₹13.0 Lakhs to ₹16.6 Lakhs per year
1 year ₹13.0 Lakhs to ₹16.6 Lakhs per year
2 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
3 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
and so on.

Tell us how to improve this page.

Thermax Limited Management Trainee salary in Pune ranges between ₹14.2 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.