Rico Auto Industries Engineer Grade 1 Salaries by 5 Employees

5 - 8 years exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Engineer Grade 1 Salary in Auto Components Companies for 5 - 8 years of experience

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Last Updated: 25 Nov 2024

Companies similar to Rico Auto Industries for Engineer Grade 1

Company name	Avg Annual Salary	Open Jobs
Sandhar Technologies Engineer Grade 1 Salary 3 - 6 years exp. (6 salaries)	₹2.6 L/yr - ₹3.4 L/yr 13% less
Balkrishna Industries Engineer Grade 1 Salary 1 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 21% more
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Lumax Industries Engineer Grade 1 Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 2% less
Shriram Pistons & Rings Engineer Grade 1 Salary 7 - 15 years exp. (4 salaries)	₹7 L/yr - ₹9.6 L/yr 134% more
Subros Engineer Grade 1 Salary 7 - 14 years exp. (4 salaries)	₹5.6 L/yr - ₹6.2 L/yr 73% more
Gabriel India Engineer Grade 1 Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 3% less
CIE Automotive Engineer Grade 1 Salary 4 - 13 years exp. (4 salaries)	₹4.3 L/yr - ₹5 L/yr 36% more
Endurance Technologies Engineer Grade 1 Salary 3 - 17 years exp. (3 salaries)	₹2.5 L/yr - ₹5.7 L/yr 3% more
JTEKT Engineer Grade 1 Salary 3 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹8.6 L/yr 11% more

Engineer Grade 1 salary at Rico Auto Industries ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Engineer Grade 1 salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

Similar Designation salaries in Rico Auto Industries

Senior Engineer Salary

(46 salaries)

₹3.8 L/yr - ₹6.1 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Junior Engineer Salary

(8 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Officer Salary

(7 salaries)

₹2.75 L/yr - ₹5.1 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Shift Incharge Salary

(9 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Shift Engineer Salary

(3 salaries)

₹3.1 L/yr - ₹6.2 L/yr

Supervisor Salary

(74 salaries)

₹2.1 L/yr - ₹5 L/yr

Technician Salary

(5 salaries)

₹2.5 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(211 salaries)

₹4 L/yr - ₹10 L/yr

Salary related reviews for Rico Auto Industries

2.0

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

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.

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Rico Auto Industries Engineer Grade 1 Salary FAQs

What is the salary of Engineer Grade 1 at Rico Auto Industries ?

The average salary of a Engineer Grade 1 at Rico Auto Industries in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Engineer Grade 1 at Rico Auto Industries earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Engineer Grade 1 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 5 Rico Auto Industries employees in India.

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

The estimated take-home salary of a Engineer Grade 1 at Rico Auto Industries in India typically ranges from ₹24,987 to ₹26,426 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 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 Engineer Grade 1 in India?

Shriram Pistons & Rings	₹7.0 Lakhs to ₹9.6 Lakhs per year
Subros	₹5.6 Lakhs to ₹6.2 Lakhs per year
CIE Automotive	₹4.3 Lakhs to ₹5.0 Lakhs per year
Balkrishna Industries	₹3.3 Lakhs to ₹5.0 Lakhs per year
JTEKT	₹1.4 Lakhs to ₹8.6 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 Engineer Grade 1 in companies similar to Rico Auto Industries in India?

The salary of a Engineer Grade 1 at companies similar to Rico Auto Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Endurance Technologies	₹2.5 Lakhs to ₹5.7 Lakhs per year
Lumax Industries	₹3.0 Lakhs to ₹4.0 Lakhs per year
Gabriel India	₹2.5 Lakhs to ₹4.0 Lakhs per year
Sandhar Technologies	₹2.6 Lakhs to ₹3.4 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 Engineer Grade 1 at Rico Auto Industries in India?

The salary growth for a Engineer Grade 1 at Rico Auto Industries depends on factors such as experience, performance, and promotions. On average, a Engineer Grade 1 can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹3.0 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.5 Lakhs per year
7 years	₹1.4 Lakhs to ₹3.8 Lakhs per year
8 years	₹1.6 Lakhs to ₹4.0 Lakhs per year

and so on.

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Rico Auto Industries Engineer Grade 1 Salaries

Rico Auto Industries Engineer Grade 1 salary in India ranges between ₹3 Lakhs to ₹4 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.