Thermax Limited Purchase Engineer and Buyer Salaries by 5 Employees

5 - 9 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average Purchase Engineer and Buyer Salary in Industrial Machinery Companies for 5 - 9 years of experience

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Last Updated: 12 May 2023

Companies similar to Thermax Limited for Purchase Engineer and Buyer

Company name	Avg Annual Salary	Open Jobs
Milltec Machinery Pvt Ltd Bangalore Purchase Engineer and Buyer Salary 4 - 7 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 6% more
TE Connectivity Purchase Engineer and Buyer Salary 4 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹7.2 L/yr 27% more
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Volkswagen Purchase Engineer and Buyer Salary 2 - 4 years exp. (3 salaries)	₹4.2 L/yr - ₹5 L/yr 6% less
Sri Sai Oilfield Equipment & Marine Services Purchase Engineer and Buyer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹12 L/yr 77% more

Purchase Engineer and Buyer salary at Thermax Limited ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Purchase Engineer and Buyer salaries

Last Updated: 12 May 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Thermax Limited

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

Shift Incharge in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Mar 2025

5.0

for Salary and Benefits

Likes

Safety culture is good, salary on time,

Salary - Excellent

+1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

Skill development - Poor

+2 more

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 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

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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 Purchase Engineer and Buyer Salary FAQs

What is the salary of Purchase Engineer and Buyer at Thermax Limited ?

The average salary of a Purchase Engineer and Buyer at Thermax Limited in India typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Purchase Engineer and Buyer at Thermax Limited earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Purchase Engineer and 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 5 Thermax Limited employees in India.

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

The estimated take-home salary of a Purchase Engineer and Buyer at Thermax Limited in India typically ranges from ₹35,629 to ₹36,859 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 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 Purchase Engineer and Buyer in India?

Sri Sai Oilfield Equipment & Marine Services	₹6.0 Lakhs to ₹12.0 Lakhs per year
TE Connectivity	₹5.5 Lakhs to ₹7.2 Lakhs per year
Milltec Machinery Pvt Ltd Bangalore	₹4.3 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 Purchase Engineer and Buyer in companies similar to Thermax Limited in India?

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

Volkswagen

₹4.2 Lakhs to ₹5.0 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 Purchase Engineer and Buyer at Thermax Limited in India?

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

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Thermax Limited Purchase Engineer and Buyer Salaries

Thermax Limited Purchase Engineer and Buyer salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.