Rico Auto Industries Assistant Manager 1 Salaries by 5 Employees (Updated 2024)

2 - 4 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Assistant Manager 1 Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 9 Apr 2024

Companies similar to Rico Auto Industries for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
TVS Sundram Fasteners Assistant Manager 1 Salary 4 - 19 years exp. (4 salaries)	₹6 L/yr - ₹9.5 L/yr 124% more
Endurance Technologies Assistant Manager 1 Salary 12 - 14 years exp. (3 salaries)	₹7 L/yr - ₹8 L/yr 124% more
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ICICI Bank Assistant Manager 1 Salary 0 - 4 years exp. (248 salaries)	₹2 L/yr - ₹5 L/yr 4% more
Kotak Mahindra Bank Assistant Manager 1 Salary 0 - 6 years exp. (150 salaries)	₹2 L/yr - ₹4.2 L/yr 1% less
Utkarsh Small Finance Bank Assistant Manager 1 Salary 1 - 6 years exp. (67 salaries)	₹2.2 L/yr - ₹5 L/yr 14% more

Assistant Manager 1 salary at Rico Auto Industries ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Assistant Manager 1 salaries

Last Updated: 9 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
3 years (3 salaries)	₹1.3 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.2 L/yr

Similar Designation salaries in Rico Auto Industries

Department Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Shift Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(212 salaries)

₹4 L/yr - ₹9.8 L/yr

Sales Manager Salary

(3 salaries)

₹2 L/yr - ₹5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Rico Auto Industries

3.0

Rated by 2 employees for salary & benefits

Deputy General Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 22 Apr 2022

3.0

for Salary and Benefits

Likes

No Pros about working at RICO

Dislikes

Office Politics Non-Co-operative colleagues and seniors No growth in terms of salary Management do not value individuals strengths Office systems are worse No WFH Even during the peak covid time they asked employee to come to office without thinking about their family and lives.

Program Manager in Manesar

Project & Program Management Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Cleanliness

Dislikes

Unorganised, unsupportive Management, zero learning, salary deduction without any notice. Forget your hard earned bonus without any explanation. not a policy driven unit of RICO group. Two years of bond. Deduction on FnF will not be explained. Bunch of literate but illeterate deptt head.

DIE Fitter in Bawal

Research & Development Department

5.0

• posted on 13 May 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

Dislikes

the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new

Quality Assurance/Quality Control Manager in Bawal

Quality Department

1.0

• posted on 07 Feb 2021

3.0

for Salary and Benefits

Likes

Nothing in specific Job security -0 in quality you can be fired any time Every year they fire quality HOD, They fire only new person .

Dislikes

.....Quality is unsafe job at least don't join manager and above....don't join ....don't come for salary only ...new people are either fired with in1 year or they will run by own.....Lala think quality person makes quality and only responsible for quality.....discipline is Zero.....no support from senior....they will make you responsible for everything .....every body saving there jobs .....Never ever join this Bawal plant. Unless you don't have job .

Quality in Bhiwadi

Production, Manufacturing & Engineering Department

4.0

• posted on 09 Jan 2020

4.0

for Salary and Benefits

Likes

The company adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base. Another plus point is that my colleagues come from various cultural backgrounds and we work happily in collaboration. I also like the employee re-hire policy here.

Dislikes

Compensation is decent, but growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Rico Auto Industries Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Rico Auto Industries?

Assistant Manager 1 salary at Rico Auto Industries in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 24% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Rico Auto Industries India.

How does the salary of a Assistant Manager 1 at Rico Auto Industries India compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Rico Auto Industries is 24% less than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Rico Auto Industries to a Assistant Manager 1 in India?

TVS Sundram Fasteners Assistant Manager 1 Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
Endurance Technologies Assistant Manager 1 Salary - ₹7.0 Lakhs to ₹8.0 Lakhs per year
Utkarsh Small Finance Bank Assistant Manager 1 Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Assistant Manager 1 in companies similar to Rico Auto Industries in India?

Kotak Mahindra Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Rico Auto Industries in India?

The estimated take-home salary of a Assistant Manager 1 at Rico Auto Industries ranges between ₹23,740 per month to ₹25,198 per month in India. The take-home salary calculation is based on the average Rico Auto Industries Assistant Manager 1 salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Rico Auto Industries?

According to AmbitionBox, 67% of the Rico Auto Industries Assistant Manager 1s reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Rico Auto Industries Assistant Manager 1 Salaries

Rico Auto Industries Assistant Manager 1 salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.