Rico Auto Industries CNC Setter Salaries by 4 Employees

1 - 6 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

At par with the average CNC Setter Salary in Auto Components Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering CNC Setter Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Project & Program Management CNC Setter Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 16 Aug 2023

Companies similar to Rico Auto Industries for CNC Setter

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros CNC Setter Salary 1 - 5 years exp. (9 salaries)	₹2.2 L/yr - ₹3.2 L/yr 4% less
TVS Sundram Fasteners CNC Setter Salary 1 - 7 years exp. (8 salaries)	₹2.2 L/yr - ₹2.7 L/yr 17% less
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Shriram Pistons & Rings CNC Setter Salary 3 - 9 years exp. (6 salaries)	₹2 L/yr - ₹2.9 L/yr 22% less
Sona Comstar CNC Setter Salary 2 - 4 years exp. (6 salaries)	₹2 L/yr - ₹2.2 L/yr 24% less
Wheels CNC Setter Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 8% less
Sundaram Clayton CNC Setter Salary 2 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 8% less
JTEKT CNC Setter Salary 2 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 21% less
CIE Automotive CNC Setter Salary 3 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 26% more

CNC Setter salary at Rico Auto Industries ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries CNC Setter salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Similar Designation salaries in Rico Auto Industries

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₹1.5 L/yr - ₹2.55 L/yr

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Technician Salary

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Plant Operator Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

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₹1 L/yr - ₹3.45 L/yr

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₹2.27 L/yr - ₹2.65 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

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

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 .

Skill development - Bad

+5 more

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.

Salary - Good

+4 more

Dislikes

Compensation is decent, but growth is slow.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Rico Auto Industries CNC Setter Salary FAQs

What is the salary of CNC Setter at Rico Auto Industries ?

The average salary of a CNC Setter at Rico Auto Industries in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of CNC Setter at Rico Auto Industries earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. CNC Setter 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 CNC Setter at Rico Auto Industries in India?

The estimated take-home salary of a CNC Setter at Rico Auto Industries in India typically ranges from ₹19,111 to ₹20,787 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 CNC Setter in India?

CIE Automotive

₹2.2 Lakhs to ₹4.8 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 CNC Setter in companies similar to Rico Auto Industries in India?

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

L.G.Balakrishnan & Bros	₹2.2 Lakhs to ₹3.2 Lakhs per year
Sundaram Clayton	₹2.0 Lakhs to ₹3.0 Lakhs per year
Wheels	₹2.2 Lakhs to ₹3.0 Lakhs per year
TVS Sundram Fasteners	₹2.2 Lakhs to ₹2.7 Lakhs per year
JTEKT	₹1.6 Lakhs to ₹3.0 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 CNC Setter at Rico Auto Industries in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Rico Auto Industries CNC Setter Salaries

Rico Auto Industries CNC Setter salary in India ranges between ₹2.4 Lakhs to ₹3 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.