Thermax Limited Procurement Buyer Salaries by 10+ Employees

0 - 10 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

Fixed (100%)

₹3.8 Lakhs

Variable (0%)

₹0.0

36% 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
EMERSON PROCESS MANAGEMENT Procurement Buyer Salary 1 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3 L/yr 29% less
ABB Procurement Buyer Salary 1 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 9% more
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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
Cummins Procurement Buyer Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 32% less
Alfa Laval Procurement Buyer Salary 8 - 11 years exp. (4 salaries)	₹7.8 L/yr - ₹10 L/yr 142% 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

(51 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

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₹2.45 L/yr - ₹10 L/yr

Purchase Engineer Salary

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₹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)

₹3.3 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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Thermax Limited Procurement Buyer Salary FAQs

What is the salary of Procurement Buyer at Thermax Limited ?

The average salary of a Procurement Buyer at Thermax Limited in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Procurement Buyer at Thermax Limited earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Procurement Buyer 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 Procurement Buyer at Thermax Limited in India?

The estimated take-home salary of a Procurement Buyer at Thermax Limited in India typically ranges from ₹27,902 to ₹29,298 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher 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 Procurement Buyer in India?

Alfa Laval	₹7.8 Lakhs to ₹10.0 Lakhs per year
TechnipFMC	₹7.0 Lakhs to ₹8.4 Lakhs per year
Caterpillar Inc	₹4.5 Lakhs to ₹10.0 Lakhs per year
Flowserve	₹3.0 Lakhs to ₹6.7 Lakhs per year
ABB	₹3.3 Lakhs to ₹4.5 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 Procurement Buyer in companies similar to Thermax Limited in India?

The salary of a Procurement Buyer at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kirloskar Oil Engines	₹4.0 Lakhs to ₹4.2 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹2.2 Lakhs to ₹3.0 Lakhs per year
Cummins	₹2.2 Lakhs to ₹3.2 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 Procurement Buyer at Thermax Limited in India?

The salary growth for a Procurement Buyer at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Procurement Buyer can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹7.2 Lakhs per year
1 year	₹1.6 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.5 Lakhs to ₹7.1 Lakhs per year
3 years	₹3.0 Lakhs to ₹7.0 Lakhs per year

and so on.

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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.