Thermax Limited Chennai Procurement Engineer Salaries by 2 Employees

4 - 5 years exp.

₹5.2 Lakhs - ₹6.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 14 Mar 2023

Companies similar to Thermax Limited for Procurement Engineer in Chennai

Thermax Limited Procurement Engineer Salary

4 - 5 years exp. (AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
KONE Procurement Engineer Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr 28% less
Danfoss Industries Procurement Engineer Salary 3 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹6.9 L/yr At par
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Tractors and Farm Equipment Procurement Engineer Salary 1 - 4 years exp. (23 salaries)	₹2.4 L/yr - ₹6.7 L/yr 35% less
BGR Energy Systems Procurement Engineer Salary 0 - 7 years exp. (17 salaries)	₹2.9 L/yr - ₹7 L/yr 33% less
Foxconn Procurement Engineer Salary 2 - 9 years exp. (13 salaries)	₹2.6 L/yr - ₹6.8 L/yr 24% less	1 job opening

Procurement Engineer salary at Thermax Limited ranges between ₹5.2 Lakhs to ₹6.7 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Thermax Limited.

Similar Designation salaries in Thermax Limited

Project Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹9 L/yr

Executive Engineer Salary

(6 salaries)

₹4.9 L/yr - ₹8 L/yr

Senior Engineer Salary

(5 salaries)

₹6.3 L/yr - ₹9.2 L/yr

Purchase Engineer Salary

(3 salaries)

₹4.8 L/yr - ₹7 L/yr

Top skills at Thermax Limited for Procurement Engineer

Procurement ASME Project Procurement Analytical Chemistry ERP Systems Industrial Dispatch Execution Raw Material Costing Civil Engineering Vendor Management Energy Management Logistics Excel

Salary related reviews for Thermax Limited

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Thermax Limited Procurement Engineer Salary FAQs

How the salary growth look like for a Procurement Engineer at Thermax Limited in Chennai?

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

Experience	Average Salary Range
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
5 years	₹5.4 Lakhs to ₹7.0 Lakhs per year

and so on.

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Thermax Limited Procurement Engineer Salaries in Chennai

Thermax Limited Procurement Engineer salary in Chennai ranges between ₹5.2 Lakhs to ₹6.7 Lakhs. This is an estimate based on latest salaries received from employees of Thermax Limited.