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4.2

based on 3.1k Reviews

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Research & Development

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Thermax Limited Research & Development Department Salaries in Vadodara

based on 10 latest salaries
Designation Avg Annual Salary Open Jobs
11 - 12 years exp. · Vadodara (AmbitionBox Estimate)
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₹7.4 L/yr - ₹7.8 L/yr

7 years exp. · Vadodara (AmbitionBox Estimate)
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₹6 L/yr - ₹9.2 L/yr

6 years exp. · Vadodara (AmbitionBox Estimate)
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₹3.8 L/yr - ₹5.5 L/yr

1 job opening
1 year exp. · Vadodara (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.2 L/yr

9 years exp. · Vadodara (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

8 years exp. · Vadodara (AmbitionBox Estimate)
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₹2.9 L/yr - ₹6.6 L/yr

1 job opening
1 year exp. · Vadodara (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

2 years exp. · Vadodara (AmbitionBox Estimate)
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₹3 L/yr - ₹6 L/yr

4 years exp. · Vadodara (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Last Updated: 15 Mar, 2023

Salary related reviews for Thermax Limited

5.0

Rated by 3 employees for salary & benefits

Research & Development Department

4.0
  •  posted on 19 Apr 2022

2.0
 for  Salary and Benefits

Likes

... superiors are very supportive, high job security, company policies are fair. Lower pay scale, slow growth, stagnation in job roles.

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Dislikes

Very less skill development and learning opportunities, lower pay scale, slow career growth.

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Research & Development Department

3.0
  •  posted on 12 Apr 2022

2.0
 for  Salary and Benefits

Likes

Job stability & company policy for employees.

Dislikes

Componsation is below industry average & in the same department they do not maintain salary for the same work & same work experience. There is no min-max salary bracket for similar job role, It can be anything based on how you negotiate in the beginning. Saturday Working (December - March every year)

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Research & Development Department

5.0
  •  posted on 06 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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Research & Development Department

5.0
  •  posted on 21 Oct 2020

4.0
 for  Salary and Benefits

Likes

Company policies are good, appraisals are not fair and they give good salary hike and bonus every year.

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

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Research & Development Department

4.0
  •  posted on 26 Sep 2020

3.0
 for  Salary and Benefits

Likes

Company has good ambient and most of the employees are satisfied with the work. Learning scope is more in Thermax. HR team is so good, will help you in all the situations. Overall company performance is little down these days due to slack in power sector. Company needs more innovation.But work is in progress.You will enjoy the culture.Company let you learn skills that you need and make you visit to the sites and conferences of your concern departments.My overall experience with Thermax was nice.

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Dislikes

The compensation is bit more dependent on years of experience rather than your passion and expertise in your area. Innovation is not given that much importance, people are used to traditional methods of working.Work pressure is fluctuating and most of the time responsibilities of the post are not defined specifically. Sometimes you have to do the work which is not of your projects.

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Thermax Limited Salary FAQs

How much does Thermax Limited pay per year?
The average Thermax Limited salary ranges from approximately ₹0.5 Lakh to ₹2 Lakhs per year for a Worker and ₹22.5 Lakhs to ₹51 Lakhs per year for a Unit Head. Salary estimates are based on 10 Thermax Limited salaries received from various employees of Thermax Limited. Thermax Limited employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in Thermax Limited?
The highest-paying job at Thermax Limited is a Unit Head with a salary of ₹22.5 Lakhs to ₹51 Lakhs per year. The top 10% of employees earn more than ₹12.70 lakhs per year. The top 1% earn more than a whopping ₹28.29 lakhs per year.
What is the minimum salary in Thermax Limited?
Minimum salary at Thermax Limited depends on the role you are applying for. For Control Room Engineer the minimum salary is ₹2.5 Lakhs to ₹7 Lakhs per year, and for Electrical Engineer the minimum salary is ₹2 Lakhs to ₹7.3 Lakhs per year and so on.
What is the salary package for freshers in Thermax Limited?
The average salary at Thermax Limited for freshers varies from ₹1.2 Lakh to ₹3.2 Lakhs per year for Graduate Apprentice Trainee and ₹2.8 Lakhs to ₹10 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Thermax Limited in Research & Development Department in Vadodara?
According to AmbitionBox, 50% of the Thermax Limited employees in Research & Development Department in Vadodara reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Thermax Limited , Vadodara is INRunlock blur . Salary estimates are based on 10 Thermax Limited latest salaries received from various employees of Thermax Limited.

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