Rico Auto Industries Engineer Salaries by 40+ Employees (Updated 2024)

2 - 12 years exp.

₹2.1 Lakhs - ₹5.4 Lakhs

Salary of majority employees

40% less than the average Engineer Salary in Auto Components Companies for 2 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Engineer Salary 4 - 12 years exp. (18 salaries)	₹2.4 L/yr - ₹5.4 L/yr
Quality Assurance Engineer Salary 3 - 11 years exp. (18 salaries)	₹2.1 L/yr - ₹4.8 L/yr
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Research & Development Engineer Salary 2 - 12 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr
Engineering - Hardware & Networks Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr

Last Updated: 11 Dec 2024

Companies similar to Rico Auto Industries for Engineer

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ZF Commercial Vehicle Control Systems Engineer Salary 1 - 8 years exp. (5 salaries)	₹1.3 L/yr - ₹4.7 L/yr 15% less
Bosch Engineer Salary 0 - 9 years exp. (220 salaries)	₹1.8 L/yr - ₹9.3 L/yr 46% more
Exide Industries Engineer Salary 4 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5.8 L/yr 20% less
Subros Engineer Salary 3 - 13 years exp. (418 salaries)	₹1.5 L/yr - ₹6.4 L/yr 20% more
Steel Strips Wheels Engineer Salary 1 - 9 years exp. (361 salaries)	₹1.6 L/yr - ₹5.4 L/yr 1% more	1 job opening
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Lumax Industries Engineer Salary 1 - 9 years exp. (313 salaries)	₹2 L/yr - ₹5.7 L/yr 16% more	1 job opening
L.G.Balakrishnan & Bros Engineer Salary 1 - 10 years exp. (294 salaries)	₹2 L/yr - ₹5 L/yr 2% more
JBM Group Engineer Salary 1 - 11 years exp. (257 salaries)	₹1.8 L/yr - ₹6.8 L/yr 28% more
Gabriel India Engineer Salary 4 - 10 years exp. (216 salaries)	₹2.6 L/yr - ₹7 L/yr 46% more
Spark Minda Engineer Salary 1 - 6 years exp. (176 salaries)	₹2.2 L/yr - ₹6.2 L/yr 28% more
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Balkrishna Industries Engineer Salary 1 - 8 years exp. (167 salaries)	₹2.6 L/yr - ₹6.8 L/yr 29% more
DENSO Engineer Salary 1 - 9 years exp. (166 salaries)	₹3.6 L/yr - ₹11 L/yr 110% more
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Engineer salary at Rico Auto Industries ranges between ₹2.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 46 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Engineer salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
3 years (6 salaries)	₹2 L/yr - ₹3.2 L/yr
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4 years (5 salaries)	₹2.4 L/yr - ₹3.2 L/yr
5 years (3 salaries)	₹2.9 L/yr - ₹4 L/yr
6 years (4 salaries)	₹3 L/yr - ₹3.9 L/yr
7 years (5 salaries)	₹2.8 L/yr - ₹5 L/yr
8 years (5 salaries)	₹2.8 L/yr - ₹5.4 L/yr
9 years (6 salaries)	₹2.8 L/yr - ₹5 L/yr
10 years (4 salaries)	₹3.5 L/yr - ₹5 L/yr
11 years (4 salaries)	₹1.7 L/yr - ₹5 L/yr
12 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.9 L/yr

View all

Similar Designation salaries in Rico Auto Industries

Site Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Officer Salary

(7 salaries)

₹2.75 L/yr - ₹5.1 L/yr

Shift Engineer Salary

(3 salaries)

₹3.1 L/yr - ₹6.2 L/yr

Senior Engineer Salary

(52 salaries)

₹3.8 L/yr - ₹6.1 L/yr

Junior Engineer Salary

(9 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Supervisor Salary

(69 salaries)

₹2.1 L/yr - ₹5 L/yr

Technician Salary

(4 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(45 salaries)

₹1.8 L/yr - ₹4 L/yr

Salary related reviews for Rico Auto Industries

3.7

Rated by 4 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 Engineer Salary FAQs

What is the salary of Engineer at Rico Auto Industries?

Engineer salary at Rico Auto Industries in India ranges between ₹2.1 Lakhs to ₹5.4 Lakhs for experience between 2 years to 12 years. According to our estimates it is 40% less than the average Engineer Salary in India. Salary estimates are based on 46 latest salaries received from various employees of Rico Auto Industries India.

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

The average salary of a Engineer at Rico Auto Industries is 40% less than the average salary of a Engineer in India. To know exact salary insights, login to view.

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

DENSO Engineer Salary - ₹3.6 Lakhs to ₹11.0 Lakhs per year
SKF Engineer Salary - ₹2.0 Lakhs to ₹10.8 Lakhs per year
Shriram Pistons & Rings Engineer Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Schaeffler India Engineer Salary - ₹1.7 Lakhs to ₹11.3 Lakhs per year
Bharat Forge Engineer Salary - ₹2.0 Lakhs to ₹7.6 Lakhs per year

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

Gabriel India Engineer Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Bosch Engineer Salary - ₹1.8 Lakhs to ₹9.3 Lakhs per year
Sona Comstar Engineer Salary - ₹1.7 Lakhs to ₹7.5 Lakhs per year
Wheels Engineer Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
UNO Minda Engineer Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year

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

The estimated take-home salary of a Engineer at Rico Auto Industries ranges between ₹25,365 per month to ₹26,799 per month in India. The take-home salary calculation is based on the average Rico Auto Industries Engineer salary in India which ranges between ₹2.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Engineer at Rico Auto Industries?

According to AmbitionBox, 71% of the Rico Auto Industries Engineers reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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Rico Auto Industries Engineer Salaries

Rico Auto Industries Engineer salary in India ranges between ₹2.1 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.