Thermax Limited Procurement Buyer Salaries by 10+ Employees (Updated 2025)

0 - 10 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

Fixed (100%)

₹3.8 Lakhs

Variable (0%)

₹0.0

35% less than the average Procurement Buyer Salary in Industrial Machinery Companies for 0 - 10 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Thermax Limited for Procurement Buyer

Company name	Avg Annual Salary	Open Jobs
Siemens Procurement Buyer Salary 1 - 5 years exp. (13 salaries)	₹2.3 L/yr - ₹8.1 L/yr 31% more	1 job opening
Larsen & Toubro Limited Procurement Buyer Salary 0 - 8 years exp. (6 salaries)	₹3 L/yr - ₹12 L/yr 85% more
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Cummins Procurement Buyer Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 32% less
ABB Procurement Buyer Salary 1 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 9% more
EMERSON PROCESS MANAGEMENT Procurement Buyer Salary 1 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3 L/yr 29% less
TechnipFMC Procurement Buyer Salary 5 - 7 years exp. (5 salaries)	₹7 L/yr - ₹8.4 L/yr 108% more
Caterpillar Inc Procurement Buyer Salary 4 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 78% more
Kirloskar Oil Engines Procurement Buyer Salary 1 - 12 years exp. (4 salaries)	₹4 L/yr - ₹4.2 L/yr 7% more
Flowserve Procurement Buyer Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹6.7 L/yr 30% more

Procurement Buyer salary at Thermax Limited ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 14 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Procurement Buyer salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.2 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
3 years (3 salaries)	₹3 L/yr - ₹7 L/yr
4 years (3 salaries)	₹3.3 L/yr - ₹4.2 L/yr
5 years (3 salaries)	₹3 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.5 L/yr

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Similar Designation salaries in Thermax Limited

Procurement Engineer Salary

(49 salaries)

₹2.4 L/yr - ₹9 L/yr

Procurement Executive Salary

(25 salaries)

₹2.5 L/yr - ₹10.5 L/yr

Senior Buyer Salary

(13 salaries)

₹3.5 L/yr - ₹11 L/yr

Buyer Salary

(69 salaries)

₹2.45 L/yr - ₹10 L/yr

Purchase Engineer Salary

(50 salaries)

₹2 L/yr - ₹7.8 L/yr

Purchase Manager Salary

(11 salaries)

₹9 L/yr - ₹25 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(137 salaries)

₹3.9 L/yr - ₹12 L/yr

Senior Procurement Engineer Salary

(5 salaries)

₹5 L/yr - ₹15.3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Salary related reviews for Thermax Limited

5.0

Rated by 1 employees for salary & benefits

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

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Thermax Limited Procurement Buyer Salary FAQs

What is the salary of Procurement Buyer at Thermax Limited?

Procurement Buyer salary at Thermax Limited in India ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 35% less than the average Procurement Buyer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Procurement Buyer at Thermax Limited India compare with the average salary range for this job?

The average salary of a Procurement Buyer at Thermax Limited is 35% less than the average salary of a Procurement Buyer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Procurement Buyer in India?

TechnipFMC Procurement Buyer Salary - ₹7.0 Lakhs to ₹8.4 Lakhs per year
Larsen & Toubro Limited Procurement Buyer Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Caterpillar Inc Procurement Buyer Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Siemens Procurement Buyer Salary - ₹2.3 Lakhs to ₹8.1 Lakhs per year
Flowserve Procurement Buyer Salary - ₹3.0 Lakhs to ₹6.7 Lakhs per year

What is the salary of a Procurement Buyer in companies similar to Thermax Limited in India?

ABB Procurement Buyer Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
Kirloskar Oil Engines Procurement Buyer Salary - ₹4.0 Lakhs to ₹4.2 Lakhs per year
EMERSON PROCESS MANAGEMENT Procurement Buyer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
Cummins Procurement Buyer Salary - ₹2.2 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Procurement Buyer at Thermax Limited in India?

The estimated take-home salary of a Procurement Buyer at Thermax Limited ranges between ₹27,902 per month to ₹29,298 per month in India. The take-home salary calculation is based on the average Thermax Limited Procurement Buyer salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Thermax Limited Procurement Buyers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Thermax Limited Procurement Buyer Salaries

Thermax Limited Procurement Buyer salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Thermax Limited latest salaries received from various employees of Thermax Limited.