Thermax Limited Kolhapur Senior Electrical Engineer Salaries by 5 Employees

10 - 16 years exp.

₹5.2 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Senior Electrical Engineer Salary in Industrial Machinery Companies for 10 - 16 years of experience

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Last Updated: 2 May 2023

Companies similar to Thermax Limited for Senior Electrical Engineer in Kolhapur

Thermax Limited Senior Electrical Engineer Salary

10 - 16 years exp. (5 salaries)

₹5.2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Shreem Electrics Senior Electrical Engineer Salary 11 - 13 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 31% less
Login to view exact salary
S B Reshellers Senior Electrical Engineer Salary 5 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6 L/yr 3% more

Senior Electrical Engineer salary at Thermax Limited ranges between ₹5.2 Lakhs to ₹6 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Senior Electrical Engineer salaries in Kolhapur

Last Updated: 2 May 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in Thermax Limited

Electrical Engineer Salary

(6 salaries)

₹3.7 L/yr - ₹5.5 L/yr

Salary related reviews for Thermax Limited

3.0

Rated by 2 employees for salary & benefits

Electrical Technician in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Nov 2023

5.0

for Salary and Benefits

Likes

1) I had good opportunity to work under a good management which use to take care of employees. 2) I had a free hand in working. 3) I was always challenged with new task, with a step ahead from my position, that help me groom into position I did.

Salary - Excellent

+6 more

Dislikes

Salary was low side,

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

Electrical Engineer in Kharagpur

Contractual

Energy & Mining Department

4.0

• posted on 03 Jul 2024

3.0

for Salary and Benefits

Likes

I mostly like 1. Salary on time 2. Work culture becouse i get good Colleague then other departments

Company culture - Good

Dislikes

If you need good appraisal you need buttering to you manager..BBS, OBSERVATION, & NEAR MISS giving in every month is compulsory, we create fake near miss or observation infact BBS to complete our compulsory target, that is major headache. I given my 100% i got no increment and manage say's What did you do special for company? You did only you job responsibilities, how can a manager says like this. I performed the job responsibilities well due to which there was no problem in the company whole year.

Job security - Poor

+1 more

Field Engineer in Jhajjar

Part Time

Production, Manufacturing & Engineering Department

4.0

• posted on 03 May 2023

4.0

for Salary and Benefits

Likes

Staff behaviour good Salary credited on time Monthly motivation metting and explain company policy and new plan Safety PPE quality is good

Salary - Good

+6 more

Dislikes

Some time leave issue due to manpower issue Recruited PPE not given on time

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.

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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 Senior Electrical Engineer Salary FAQs

What is the salary of Senior Electrical Engineer at Thermax Limited in Kolhapur?

The average salary of a Senior Electrical Engineer at Thermax Limited in Kolhapur typically ranges from ₹5.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Senior Electrical Engineer in Kolhapur at Thermax Limited earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Electrical Engineer 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 Senior Electrical Engineer at Thermax Limited in Kolhapur?

The estimated take-home salary of a Senior Electrical Engineer at Thermax Limited in Kolhapur typically ranges from ₹42,078 to ₹43,212 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 10 years to 16 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 Senior Electrical Engineer in India?

S B Reshellers

₹5.5 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 Senior Electrical Engineer in companies similar to Thermax Limited in Kolhapur?

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

Shreem Electrics

₹3.0 Lakhs to ₹4.5 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 Senior Electrical Engineer at Thermax Limited in Kolhapur?

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

Experience	Average Salary Range
10 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
11 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
12 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
13 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Thermax Limited Senior Electrical Engineer Salaries in Kolhapur

Thermax Limited Senior Electrical Engineer salary in Kolhapur ranges between ₹5.2 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.