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4.2

based on 3.1k Reviews

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Thermax Limited new Product Development Engineer salaries in Pune

Annual salary range
0 - 3 years exp.
₹6.3 Lakhs - ₹10.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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129% more than the average new Product Development Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Last Updated: 8 Oct 2024

Companies similar to Thermax Limited for new Product Development Engineer in Pune

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Thermax Limited new Product Development Engineer Salary

0 - 3 years exp. (3 salaries)

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₹6.3 L/yr - ₹10.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 73% less
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₹3 L/yr - ₹5.2 L/yr

arrow icon 65% less
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₹2 L/yr - ₹6.1 L/yr

arrow icon 52% less
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 61% less
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₹2 L/yr - ₹4.8 L/yr

arrow icon 67% less
new Product Development Engineer salary at Thermax Limited ranges between ₹6.3 Lakhs to ₹10.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited new Product Development Engineer in Pune

2mo ago
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3 years exp.
4mo ago
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2 years exp.
1y ago
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5 months exp.

Experience wise Thermax Limited new Product Development Engineer salaries in Pune

Last Updated: 8 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
2 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.2 L/yr
3 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.2 L/yr

Similar Designation salaries in Thermax Limited

Design Engineer Salary
(82 salaries)
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₹2.4 L/yr - ₹10 L/yr
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₹2 L/yr - ₹9.4 L/yr
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₹2.05 L/yr - ₹7.5 L/yr
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₹6.05 L/yr - ₹12.15 L/yr
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₹2.2 L/yr - ₹7.04 L/yr
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₹10.5 L/yr - ₹14.35 L/yr

Salary related reviews for Thermax Limited

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.

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

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 08 Oct 2023

1.0
 for  Salary and Benefits

Likes

I am quite happy to have worked in Thermax, or I have got a lot of experience in Thermax which will make my future better

read more

Dislikes

Salary structure is not goog for thermax engineering, and senior management underestimate our work preformence

read more

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

Dislikes

Salary is d biggest set back for company.

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 26 Feb 2022

3.0
 for  Salary and Benefits

Likes

...agement is transperant.There is a huge cafeteria and gaming arcade for chilling.Company policies are good, appraisal are fair and they give time to salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management, salary is doesn't decent,

read more

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.

read more

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.

read more
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Thermax Limited new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Thermax Limited in Pune?
According to AmbitionBox, 100% of the Thermax Limited new Product Development Engineers in Pune reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Thermax Limited new Product Development Engineer salary in Pune ranges between ₹6.3 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.