Thermax Limited Material Associate Salaries by 3 Employees

2 - 4 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Material Associate Salary in Industrial Machinery Companies for 2 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain Material Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Research & Development Material Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Thermax Limited for Material Associate

Company name	Avg Annual Salary	Open Jobs
CG Power and Industrial Solutions Material Associate Salary 5 - 15 years exp. (5 salaries)	₹2.5 L/yr - ₹4.2 L/yr 13% more
Reliance Digital Material Associate Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 24% less
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Wipro Consumer Care & Lighting Material Associate Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.4 L/yr 19% less
Reliance Retail Material Associate Salary 3 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 40% less
Tata Motors Material Associate Salary 4 - 31 years exp. (4 salaries)	₹3 L/yr - ₹11.1 L/yr 115% more

Material Associate salary at Thermax Limited ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Material Associate salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Thermax Limited

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Salary related reviews for Thermax Limited

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.

Buyer in Bhosari MIDC, Pune

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Feb 2021

5.0

for Salary and Benefits

Likes

In lock down, we have utilise the available time for learning and skills development. Thermax have ensured us that no one is going to loose his/her job on account of COVID- 19

Salary - Excellent

+5 more

Dislikes

Thermax is given job security and work satisfaction but on other hand salary growth is extremely low especially for individual contributors.

Procurement Executive in Pune

Procurement & Supply Chain Department

4.0

• posted on 20 Mar 2021

4.0

for Salary and Benefits

Likes

One think that I like the most in thermax working culture, learning opportunities, provide you different kind of task that will help you to boast you life.

Salary - Good

+5 more

Dislikes

One thing that need to be improve is pay scale.

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

Store Incharge in Pune

Procurement & Supply Chain Department

4.0

• posted on 30 Oct 2020

4.0

for Salary and Benefits

Likes

Average work environment and cluture. There is large cafeteria. Company polocies average and they give average Salary hike and Bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and managment dosen't address our issues. Salary and career growth is slow.

Job security - Poor

+2 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Material Associate Salary FAQs

What is the notice period for Material Associate at Thermax Limited?

According to AmbitionBox, 100% of the Thermax Limited Material Associates reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Thermax Limited Material Associate Salaries

Thermax Limited Material Associate salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.