Rico Auto Industries DIV Manager Salaries by 4 Employees (Updated 2025)

14 - 31 years exp.

₹14 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

33% less than the average DIV Manager Salary in Auto Components Companies for 14 - 31 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering DIV Manager Salary 23 - 31 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹16 L/yr
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Project & Program Management DIV Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹15.5 L/yr

Last Updated: 15 Feb 2024

Companies similar to Rico Auto Industries for DIV Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors DIV Manager Salary 13 - 25 years exp. (5 salaries)	₹16.4 L/yr - ₹28 L/yr 45% more
Ashok Leyland DIV Manager Salary 17 - 21 years exp. (5 salaries)	₹22.6 L/yr - ₹30.5 L/yr 56% more
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Bajaj Motors DIV Manager Salary 23 - 24 years exp. (4 salaries)	₹12 L/yr - ₹12.5 L/yr 18% less
Bajaj Auto DIV Manager Salary 19 - 20 years exp. (3 salaries)	₹42 L/yr - ₹64 L/yr 278% more
Tractors and Farm Equipment DIV Manager Salary 25 - 27 years exp. (3 salaries)	₹20.3 L/yr - ₹25.9 L/yr 50% more

DIV Manager salary at Rico Auto Industries ranges between ₹14 Lakhs to ₹16 Lakhs per year for employees with experience between 14 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries DIV Manager salaries

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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15+ years (3 salaries)	₹14 L/yr - ₹16 L/yr

Salary related reviews for Rico Auto Industries

5.0

Rated by 1 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.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Rico Auto Industries DIV Manager Salary FAQs

What is the salary of DIV Manager at Rico Auto Industries?

DIV Manager salary at Rico Auto Industries in India ranges between ₹14.0 Lakhs to ₹16.0 Lakhs for experience between 14 years to 31 years. According to our estimates it is 33% less than the average DIV Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries India.

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

The average salary of a DIV Manager at Rico Auto Industries is 33% less than the average salary of a DIV Manager in India. To know exact salary insights, login to view.

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

Bajaj Auto DIV Manager Salary - ₹42.0 Lakhs to ₹64.0 Lakhs per year
Ashok Leyland DIV Manager Salary - ₹22.6 Lakhs to ₹30.5 Lakhs per year
Tractors and Farm Equipment DIV Manager Salary - ₹20.3 Lakhs to ₹25.9 Lakhs per year
Tata Motors DIV Manager Salary - ₹16.4 Lakhs to ₹28.0 Lakhs per year

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

Bajaj Motors DIV Manager Salary - ₹12.0 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a DIV Manager at Rico Auto Industries ranges between ₹1,03,535 per month to ₹1,06,371 per month in India. The take-home salary calculation is based on the average Rico Auto Industries DIV Manager salary in India which ranges between ₹14.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 14 years to 31 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Rico Auto Industries DIV Managers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Rico Auto Industries DIV Manager Salaries

Rico Auto Industries DIV Manager salary in India ranges between ₹14 Lakhs to ₹16 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.