Thermax Limited Product Executive Salaries by 4 Employees

2 - 5 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Product Executive Salary in Industrial Machinery Companies for 2 - 5 years of experience

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Salaries in different departments

Product Management Product Executive Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr
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Production, Manufacturing & Engineering Product Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5 L/yr

Last Updated: 17 Mar 2024

Companies similar to Thermax Limited for Product Executive

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Product Executive Salary 1 - 7 years exp. (91 salaries)	₹1 L/yr - ₹3.3 L/yr 48% less
Vijay Sales Product Executive Salary 0 - 10 years exp. (52 salaries)	₹3 L/yr - ₹6 L/yr 9% more
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Cirrius Product Executive Salary 0 - 3 years exp. (46 salaries)	₹2 L/yr - ₹4.3 L/yr 26% less
Ramco Systems Product Executive Salary 0 - 5 years exp. (45 salaries)	₹3 L/yr - ₹6.7 L/yr 19% more

Product Executive salary at Thermax Limited ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Product Executive salaries

Last Updated: 17 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

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Salary related reviews for Thermax Limited

5.0

Rated by 2 employees for salary & benefits

Marketing Executive in Pune

Full Time

Marketing & Communication Department

3.0

• posted on 20 Mar 2023

2.0

for Salary and Benefits

Likes

Learning till certain point and job security part

Skill development - Good

+1 more

Dislikes

...; it feels like whole generation gap in working styles. Need more younger crowd. Salary is low as compared with industry peers while one resource is working equivalent to 3times of the required resource.

Salary - Poor

+2 more

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 04 Mar 2023

2.0

for Salary and Benefits

Likes

Work life balance.

Job security - Excellent

Dislikes

Salary and increments are too low. Everything depends on the division and in which team you are working. Managers plays key role in the development of any individual role. It's all about luck to have a good manager or ....

Salary - Poor

+2 more

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

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.

Territory Sales Manager in Ahmedabad

Sales & Business Development Department

5.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Working Culture is very good . You will get freedom of work . If your are a self started then there is ocean of opportunities.

Skill development - Good

+5 more

Dislikes

Salary & other compensations are not much good as compared to other industry .although your a extra-ordinary performance you will get standard increment which is so demoralizing. Only Salary & politics is a bad side of thermax.

Salary - Poor

see more salary related reviews

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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 Product Executive Salary FAQs

What is the salary of Product Executive at Thermax Limited ?

The average salary of a Product Executive at Thermax Limited in India typically ranges from ₹3.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Product Executive at Thermax Limited earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Product Executive 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 4 Thermax Limited employees in India.

What is the estimated take home salary of a Product Executive at Thermax Limited in India?

The estimated take-home salary of a Product Executive at Thermax Limited in India typically ranges from ₹32,343 to ₹33,622 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 Product Executive in India?

Ramco Systems	₹3.0 Lakhs to ₹6.7 Lakhs per year
Vijay Sales	₹3.0 Lakhs to ₹6.0 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 Product Executive in companies similar to Thermax Limited in India?

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

Cirrius	₹2.0 Lakhs to ₹4.3 Lakhs per year
Shriram Finance	₹1.0 Lakhs to ₹3.3 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 Product Executive at Thermax Limited in India?

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

Experience	Average Salary Range
2 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Thermax Limited Product Executive Salaries

Thermax Limited Product Executive salary in India ranges between ₹3.9 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Thermax Limited latest salaries received from various employees of Thermax Limited.