Thermax Limited Senior Innovation Engineer Salaries by 2 Employees

2 - 3 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 11 Aug 2024

Companies similar to Thermax Limited for Senior Innovation Engineer

Company name	Avg Annual Salary	Open Jobs
Stemrobo Technologies Senior Innovation Engineer Salary 1 - 2 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 59% less
Tinker Coders Senior Innovation Engineer Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 58% less
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Nex-G Exuberant Solutions Senior Innovation Engineer Salary 1 - 9 years exp. (3 salaries)	₹5 L/yr - ₹8.8 L/yr 12% less

Senior Innovation Engineer salary at Thermax Limited ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Thermax Limited.

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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 Senior Innovation Engineer Salary FAQs

How the salary growth look like for a Senior Innovation Engineer at Thermax Limited in India?

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

Experience	Average Salary Range
2 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
3 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Thermax Limited Senior Innovation Engineer Salaries

Thermax Limited Senior Innovation Engineer salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of Thermax Limited.