Thermax Limited Procurement Associate Salaries by 3 Employees (Updated 2025)

4 - 14 years exp.

₹6.3 Lakhs - ₹17.5 Lakhs

Low Confidence

Salary of majority employees

157% more than the average Procurement Associate Salary in Industrial Machinery Companies for 4 - 14 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
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Project & Program Management Procurement Associate Salary 14 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.3 L/yr

Last Updated: 26 Dec 2024

Companies similar to Thermax Limited for Procurement Associate

Company name	Avg Annual Salary	Open Jobs
Siemens Procurement Associate Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.9 L/yr 71% less
TK Elevator Procurement Associate Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 64% less
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Caterpillar Inc Procurement Associate Salary 0 - 7 years exp. (4 salaries)	₹3.7 L/yr - ₹10 L/yr 35% less
Accenture Procurement Associate Salary 0 - 6 years exp. (476 salaries)	₹1.2 L/yr - ₹7 L/yr 58% less
CARS24 Procurement Associate Salary 0 - 6 years exp. (251 salaries)	₹1.8 L/yr - ₹4 L/yr 70% less	2 job openings

Procurement Associate salary at Thermax Limited ranges between ₹6.3 Lakhs to ₹17.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Procurement Associate salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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14 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr

Similar Designation salaries in Thermax Limited

Procurement Engineer Salary

(53 salaries)

₹2.4 L/yr - ₹9.5 L/yr

Procurement Executive Salary

(24 salaries)

₹2.5 L/yr - ₹10.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Purchase Assistant Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Store Incharge Salary

(23 salaries)

₹3 L/yr - ₹7.1 L/yr

Purchase Engineer Salary

(50 salaries)

₹2 L/yr - ₹7.8 L/yr

Store Executive Salary

(10 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Purchase Manager Salary

(11 salaries)

₹9 L/yr - ₹25 L/yr

Purchase Executive Salary

(48 salaries)

₹2.95 L/yr - ₹7.1 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Thermax Limited Procurement Associate Salary FAQs

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

According to AmbitionBox, 67% of the Thermax Limited Procurement Associates reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Thermax Limited Procurement Associate Salaries

Thermax Limited Procurement Associate salary in India ranges between ₹6.3 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.