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Thermax Limited Panel Executive salaries in India

Annual salary range
2 - 10 years exp.
₹3.8 Lakhs - ₹5.5 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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36% less than the average Panel Executive Salary in Industrial Machinery Companies for 2 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Panel Executive Salary
2 - 10 years exp. (8 salaries)
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₹4 L/yr - ₹5.5 L/yr

Research & Development
Panel Executive Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 24 Sep 2024

Companies similar to Thermax Limited for Panel Executive

Company name Avg Annual Salary Open Jobs
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Reliance Industries Panel Executive Salary

4 - 17 years exp. (39 salaries)

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₹4.3 L/yr - ₹11 L/yr

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YouGov Panel Executive Salary

1 - 9 years exp. (12 salaries)

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₹7.1 L/yr - ₹12 L/yr

arrow icon 104% more
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Deepak Phenolics Panel Executive Salary

1 - 3 years exp. (5 salaries)

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₹3.2 L/yr - ₹4.6 L/yr

arrow icon 19% less
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₹2.3 L/yr - ₹4.3 L/yr

arrow icon 26% less
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Genmarc Research Panel Executive Salary

0 - 1 year exp. (4 salaries)

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₹2.1 L/yr - ₹2.5 L/yr

arrow icon 48% less
Panel Executive salary at Thermax Limited ranges between ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Panel Executive

5mo ago
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5 years exp.
1y ago
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10 years exp.
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4 years exp.

Experience wise Thermax Limited Panel Executive salaries

Last Updated: 24 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.8 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
View all

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₹2.2 L/yr - ₹4.5 L/yr
Senior Engineer Salary
(137 salaries)
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₹3.3 L/yr - ₹12 L/yr
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₹2.8 L/yr - ₹9 L/yr
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₹2.8 L/yr - ₹8.5 L/yr
Project Engineer Salary
(119 salaries)
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₹2 L/yr - ₹9.71 L/yr
Junior Engineer Salary
(38 salaries)
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₹2.2 L/yr - ₹4.62 L/yr
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₹2.85 L/yr - ₹6.15 L/yr
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₹2 L/yr - ₹8 L/yr
Supervisor Salary
(22 salaries)
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₹1.5 L/yr - ₹6.09 L/yr

Salary related reviews for Thermax Limited

4.0

Rated by 1 employees for salary & benefits

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

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.

  • Company culture - Good
  • +1 more

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
  • Promotions - Poor

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
  • Skill development - Excellent
  • +5 more

Dislikes

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

read more
  • Salary - Bad

Contractual

 · 

Energy & Mining Department

4.0
  •  posted on 03 Jul 2024

3.0
 for  Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

read more
  • Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

read more
  • Job security - Poor
  • +1 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
  • Skill development - Good
  • +4 more

Dislikes

Salary is d biggest set back for company.

see more salary related reviews

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Thermax Limited Panel Executive Salary FAQs

What is the salary of Panel Executive at Thermax Limited ?
The average salary of a Panel Executive at Thermax Limited in India typically ranges from ₹3.8 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Panel Executive at Thermax Limited earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Panel Executive 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 10 Thermax Limited employees in India.
What is the estimated take home salary of a Panel Executive at Thermax Limited in India?
The estimated take-home salary of a Panel Executive at Thermax Limited in India typically ranges from ₹33,842 to ₹35,099 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 10 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 Panel Executive in India?
YouGov ₹7.1 Lakhs to ₹12.0 Lakhs per year
Reliance Industries ₹4.3 Lakhs to ₹11.0 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 Panel Executive in companies similar to Thermax Limited in India?
The salary of a Panel Executive at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deepak Phenolics ₹3.2 Lakhs to ₹4.6 Lakhs per year
Sri Balaji Action Medical Institute ₹2.3 Lakhs to ₹4.3 Lakhs per year
Genmarc Research ₹2.1 Lakhs to ₹2.5 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 Panel Executive at Thermax Limited in India?
The salary growth for a Panel Executive at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Panel Executive can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
2 years ₹1.7 Lakhs to ₹4.3 Lakhs per year
3 years ₹4.3 Lakhs to ₹7.8 Lakhs per year
4 years ₹4.0 Lakhs to ₹4.5 Lakhs per year
5 years ₹1.8 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

Thermax Limited Panel Executive salary in India ranges between ₹3.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Thermax Limited latest salaries received from various employees of Thermax Limited.