Rico Auto Industries Assistant Manager NPD Salaries by 4 Employees

8 - 13 years exp.

₹6 Lakhs - ₹6.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average Assistant Manager NPD Salary in Auto Components Companies for 8 - 13 years of experience

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Salaries in different departments

Research & Development Assistant Manager NPD Salary 8 - 13 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.7 L/yr
Engineering - Software & QA Assistant Manager NPD Salary 10 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Quality Assurance Assistant Manager NPD Salary 9 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Rico Auto Industries for Assistant Manager NPD

Company name	Avg Annual Salary	Open Jobs
Imperial Auto Industries Assistant Manager NPD Salary 7 - 11 years exp. (5 salaries)	₹7.2 L/yr - ₹10 L/yr 33% more
JBM Group Assistant Manager NPD Salary 8 - 13 years exp. (4 salaries)	₹7.8 L/yr - ₹9.6 L/yr 36% more
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Tata AutoComp Systems Assistant Manager NPD Salary 7 - 10 years exp. (4 salaries)	₹4.6 L/yr - ₹7.2 L/yr 6% less
Lumax Industries Assistant Manager NPD Salary 6 - 13 years exp. (3 salaries)	₹7 L/yr - ₹8.7 L/yr 24% more
Sharda Motor Industries Assistant Manager NPD Salary 12 - 13 years exp. (3 salaries)	₹7.2 L/yr - ₹11 L/yr 33% more
Shriram Pistons & Rings Assistant Manager NPD Salary 9 - 11 years exp. (3 salaries)	₹13 L/yr - ₹17.1 L/yr 136% more
Asahi India Glass Assistant Manager NPD Salary 9 - 10 years exp. (3 salaries)	₹7.5 L/yr - ₹9.5 L/yr 33% more

Assistant Manager NPD salary at Rico Auto Industries ranges between ₹6 Lakhs to ₹6.7 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Assistant Manager NPD salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr

Similar Designation salaries in Rico Auto Industries

Program Manager Salary

(3 salaries)

₹12.2 L/yr - ₹14.2 L/yr

Assistant General Manager Salary

(17 salaries)

₹17.2 L/yr - ₹28.5 L/yr

Project Manager Salary

(4 salaries)

₹8.5 L/yr - ₹15 L/yr

General Manager Salary

(5 salaries)

₹42 L/yr - ₹44 L/yr

Deputy Manager Salary

(208 salaries)

₹4 L/yr - ₹10 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Production Manager Salary

(28 salaries)

₹7 L/yr - ₹15.3 L/yr

Design Engineer Salary

(8 salaries)

₹2.3 L/yr - ₹7 L/yr

Senior Engineer Salary

(50 salaries)

₹3.8 L/yr - ₹6.1 L/yr

Deputy General Manager Salary

(15 salaries)

₹24 L/yr - ₹35 L/yr

Salary related reviews for Rico Auto Industries

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

Job security - Good

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.

Skill development - Bad

+3 more

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.

Salary - Bad

+6 more

Production Manager in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Sep 2017

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products & has a global client base.

Skill development - Excellent

+5 more

Dislikes

Compensation is decent, but growth is slow.

Deputy General Manager in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

4.0

• posted on 09 Sep 2017

3.0

for Salary and Benefits

Likes

Good salary , New Technology, Major OEM Customer , good Learn-ability about the Customer .

Skill development - Good

+1 more

Dislikes

Office and personal Life unbalance ,Weak Working Hands, Foundry Rejection is too High, Part Development Process not Robust .

Company culture - Poor

+1 more

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

Salary - Excellent

+6 more

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

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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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Rico Auto Industries Assistant Manager NPD Salary FAQs

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

The average salary of a Assistant Manager NPD at Rico Auto Industries in India typically ranges from ₹6.0 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Assistant Manager NPD at Rico Auto Industries earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Assistant Manager NPD Salaries at Rico Auto Industries 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 4 Rico Auto Industries employees in India.

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

The estimated take-home salary of a Assistant Manager NPD at Rico Auto Industries in India typically ranges from ₹48,609 to ₹49,758 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 8 years to 13 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 4 salaries received from various employees of Rico Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rico Auto Industries for Assistant Manager NPD in India?

Shriram Pistons & Rings	₹13.0 Lakhs to ₹17.1 Lakhs per year
JBM Group	₹7.8 Lakhs to ₹9.6 Lakhs per year
Asahi India Glass	₹7.5 Lakhs to ₹9.5 Lakhs per year
Imperial Auto Industries	₹7.2 Lakhs to ₹10.0 Lakhs per year
Sharda Motor Industries	₹7.2 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Rico Auto Industries, depending on the role and experience level.

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

The salary of a Assistant Manager NPD at companies similar to Rico Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lumax Industries	₹7.0 Lakhs to ₹8.7 Lakhs per year
Tata AutoComp Systems	₹4.6 Lakhs to ₹7.2 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 Assistant Manager NPD at Rico Auto Industries in India?

The salary growth for a Assistant Manager NPD at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a Assistant Manager NPD can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
8 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
10 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
13 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Rico Auto Industries Assistant Manager NPD Salaries

Rico Auto Industries Assistant Manager NPD salary in India ranges between ₹6 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.

Rico Auto Industries Assistant Manager NPD salaries in India

Companies similar to Rico Auto Industries for Assistant Manager NPD

Latest annual salaries shared by Rico Auto Industries Assistant Manager NPD

Experience wise Rico Auto Industries Assistant Manager NPD salaries

Similar Designation salaries in Rico Auto Industries

Salary related reviews for Rico Auto Industries

Deputy General Manager in Gurgaon / Gurugram

Program Manager in Manesar

Production Manager in Gurgaon / Gurugram

Deputy General Manager in Gurgaon / Gurugram

DIE Fitter in Bawal

Rico Auto Industries Assistant Manager NPD Salary FAQs

Tell us how to improve this page.