Thermax Limited Bharuch Panel Executive Salaries by 5 Employees (Updated 2025)

4 - 10 years exp.

₹4 Lakhs - ₹5.5 Lakhs

Salary of majority employees

34% less than the average Panel Executive Salary in Industrial Machinery Companies for 4 - 10 years of experience

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Last Updated: 24 Sep 2024

Companies similar to Thermax Limited for Panel Executive in Bharuch

Thermax Limited Panel Executive Salary

4 - 10 years exp. (5 salaries)

₹4 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Panel Executive Salary 4 - 15 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 65% more
UPL Panel Executive Salary 5 - 8 years exp. (3 salaries)	₹5.3 L/yr - ₹7.2 L/yr 32% more
Login to view exact salary
Deepak Phenolics Panel Executive Salary 1 - 3 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 12% less

Panel Executive salary at Thermax Limited ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Panel Executive salaries in Bharuch

Last Updated: 24 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr

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Salary related reviews for Thermax Limited

4.0

Rated by 1 employees for salary & benefits

Shift Incharge in Pune

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

Promotions - Poor

Assistant Engineer in Sirohi

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

Skill development - Excellent

+5 more

Dislikes

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

Salary - Bad

Electrical Engineer in Kharagpur

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

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.

Job security - Poor

+1 more

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.

Shift Incharge in Karnataka

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.

Skill development - Excellent

+3 more

Dislikes

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Thermax Limited Panel Executive Salary FAQs

What is the salary of Panel Executive at Thermax Limited Bharuch?

Panel Executive salary at Thermax Limited in Bharuch ranges between ₹4.0 Lakhs to ₹5.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 34% less than the average Panel Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited Bharuch.

How does the salary of a Panel Executive at Thermax Limited Bharuch compare with the average salary range for this job?

The average salary of a Panel Executive at Thermax Limited is 34% less than the average salary of a Panel Executive in Bharuch. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Panel Executive in Bharuch?

Reliance Industries Panel Executive Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year
UPL Panel Executive Salary - ₹5.3 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Panel Executive in companies similar to Thermax Limited in Bharuch?

Deepak Phenolics Panel Executive Salary - ₹3.4 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Panel Executive at Thermax Limited in Bharuch?

The estimated take-home salary of a Panel Executive at Thermax Limited ranges between ₹34,353 per month to ₹35,602 per month in Bharuch. The take-home salary calculation is based on the average Thermax Limited Panel Executive salary in India which ranges between ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Panel Executive at Thermax Limited in Bharuch?

According to AmbitionBox, 100% of the Thermax Limited Panel Executives in Bharuch reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Thermax Limited Panel Executive Salaries in Bharuch

Thermax Limited Panel Executive salary in Bharuch ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.