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

Select experience

₹4.2 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Product Associate Salary in Industrial Machinery Companies for 2 years of experience

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Salaries in different departments

Sales & Business Development Product Associate Salary 2 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.8 L/yr
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Strategic & Top Management Product Associate Salary 2 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.6 L/yr

Last Updated: 3 Apr 2024

Companies similar to Thermax Limited for Product Associate

Company name	Avg Annual Salary	Open Jobs
Siemens Product Associate Salary 9 - 16 years exp. (7 salaries)	₹20 L/yr - ₹23 L/yr 357% more	1 job opening
Larsen & Toubro Limited Product Associate Salary 0 - 2 years exp. (3 salaries)	₹6 L/yr - ₹13 L/yr 73% more
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JPMorgan Chase & Co. Product Associate Salary 2 - 10 years exp. (32 salaries)	₹13 L/yr - ₹32 L/yr 334% more	3 job openings
VMware Software Product Associate Salary 1 - 6 years exp. (14 salaries)	₹15 L/yr - ₹29 L/yr 323% more
Sportz Interactive Product Associate Salary 2 - 5 years exp. (13 salaries)	₹3.4 L/yr - ₹7 L/yr 2% more

Product Associate salary at Thermax Limited ranges between ₹4.2 Lakhs to ₹5.3 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Product Associate salaries

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹4.2 L/yr - ₹5.3 L/yr
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Salary related reviews for Thermax Limited

3.0

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.

Project Manager in Pune

Project Management Department

5.0

• posted on 04 Jun 2022

1.0

for Salary and Benefits

Likes

Good experience, learn a lot from people

Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

Salary - Bad

+3 more

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

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

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - 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 Product Associate Salary FAQs

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

According to AmbitionBox, 100% of the Thermax Limited Product Associates reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Thermax Limited Product Associate Salaries

Thermax Limited Product Associate salary in India ranges between ₹4.2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.