Thermax Limited Pune Material Associate Salaries by 3 Employees (Updated 2025)

2 - 4 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

17% less than 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 in Pune

Thermax Limited Material Associate Salary

2 - 4 years exp. (3 salaries)

₹3 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro Consumer Care & Lighting Material Associate Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.4 L/yr 15% less
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Tata Motors Material Associate Salary 4 - 31 years exp. (4 salaries)	₹3 L/yr - ₹11.1 L/yr 107% 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 in Pune

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

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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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Thermax Limited Material Associate Salary FAQs

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

According to AmbitionBox, 100% of the Thermax Limited Material Associates in Pune 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 in Pune

Thermax Limited Material Associate salary in Pune 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.