Rico Auto Industries Chennai Graduate Engineer Trainee (Get) Salaries by 10 Employees

1 - 3 years exp.

₹1.6 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Graduate Engineer Trainee (Get) Salary in Auto Components Companies for 1 - 3 years of experience

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Salaries in different departments

Quality Assurance Graduate Engineer Trainee (Get) Salary 1 - 2 years exp. (5 salaries)	₹1.6 L/yr - ₹2.2 L/yr
Production, Manufacturing & Engineering Graduate Engineer Trainee (Get) Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr
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Research & Development Graduate Engineer Trainee (Get) Salary 2 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Rico Auto Industries for Graduate Engineer Trainee (Get) in Chennai

Rico Auto Industries Graduate Engineer Trainee (Get) Salary

1 - 3 years exp. (10 salaries)

₹1.6 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Wheels Graduate Engineer Trainee (Get) Salary 1 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹3.2 L/yr 11% more
Steel Strips Wheels Graduate Engineer Trainee (Get) Salary 0 - 4 years exp. (109 salaries)	₹1.2 L/yr - ₹3 L/yr 1% less
Login to view exact salary
TVS Sundram Fasteners Graduate Engineer Trainee (Get) Salary 0 - 6 years exp. (64 salaries)	₹1.2 L/yr - ₹3.1 L/yr 1% more
Sl Lumax Graduate Engineer Trainee (Get) Salary 0 - 4 years exp. (63 salaries)	₹1.8 L/yr - ₹3.8 L/yr 26% more
Sharda Motor Industries Graduate Engineer Trainee (Get) Salary 0 - 4 years exp. (22 salaries)	₹1.5 L/yr - ₹2.8 L/yr 8% more
JBM Group Graduate Engineer Trainee (Get) Salary 1 - 2 years exp. (15 salaries)	₹1.1 L/yr - ₹3.2 L/yr 16% more
Asahi India Glass Graduate Engineer Trainee (Get) Salary 0 - 3 years exp. (10 salaries)	₹1.2 L/yr - ₹5 L/yr 102% more
Sona Comstar Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 123% more
Spark Minda Graduate Engineer Trainee (Get) Salary 0 - 3 years exp. (7 salaries)	₹1.6 L/yr - ₹4.5 L/yr 67% more
Sundaram Clayton Graduate Engineer Trainee (Get) Salary 0 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹2.8 L/yr 15% more
Endurance Technologies Graduate Engineer Trainee (Get) Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.7 L/yr 35% more
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Magna International Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 57% more
Tata AutoComp Systems Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (4 salaries)	₹2.7 L/yr - ₹6 L/yr 136% more
L.G.Balakrishnan & Bros Graduate Engineer Trainee (Get) Salary 1 - 4 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr 5% more
Lear Corporation Graduate Engineer Trainee (Get) Salary 1 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹4.6 L/yr 101% more

Graduate Engineer Trainee (Get) salary at Rico Auto Industries ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Graduate Engineer Trainee (Get) salaries in Chennai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.6 L/yr - ₹2.1 L/yr
2 years (5 salaries)	₹1.6 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Rico Auto Industries

Quality Inspector Salary

(18 salaries)

₹1.2 L/yr - ₹3 L/yr

Assistant Engineer Salary

(17 salaries)

₹2.5 L/yr - ₹4 L/yr

Department Engineer Salary

(12 salaries)

₹2.8 L/yr - ₹5.3 L/yr

Quality Engineer Salary

(12 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Production Engineer Salary

(8 salaries)

₹2 L/yr - ₹5.4 L/yr

Associate Engineer Trainee Salary

(8 salaries)

₹1.8 L/yr - ₹3 L/yr

Section Engineer Salary

(7 salaries)

₹3.6 L/yr - ₹4.8 L/yr

Maintenance Manager Salary

(3 salaries)

₹9.5 L/yr - ₹12 L/yr

Salary related reviews for Rico Auto Industries

Apprentice

Quality Assurance Department

5.0

• posted on 13 Sep 2018

5.0

for Salary and Benefits

Likes

This company is open to innovation & Adopt latest technology.i love that I am a part of this company.this company have market reliable & high quality product.Another plus point is that my colleagues come from various cultural background & we work happily in collaboration.😊😊

Salary - Excellent

+6 more

Dislikes

Compensation is decent,but growth is slow.

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

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

see more salary related reviews

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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 Graduate Engineer Trainee (Get) Salary FAQs

What is the salary of Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai?

The average salary of a Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Graduate Engineer Trainee (Get) in Chennai at Rico Auto Industries earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Graduate Engineer Trainee (Get) 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 10 Rico Auto Industries employees in India.

What is the estimated take home salary of a Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai?

The estimated take-home salary of a Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai typically ranges from ₹14,168 to ₹15,663 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 10 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 Graduate Engineer Trainee (Get) in India?

Tata AutoComp Systems	₹2.7 Lakhs to ₹6.0 Lakhs per year
Sona Comstar	₹2.0 Lakhs to ₹5.5 Lakhs per year
Asahi India Glass	₹1.2 Lakhs to ₹5.0 Lakhs per year
Lear Corporation	₹1.5 Lakhs to ₹4.6 Lakhs per year
Spark Minda	₹1.6 Lakhs to ₹4.5 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 Graduate Engineer Trainee (Get) in companies similar to Rico Auto Industries in Chennai?

The salary of a Graduate Engineer Trainee (Get) at companies similar to Rico Auto Industries in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Magna International	₹1.5 Lakhs to ₹4.0 Lakhs per year
Endurance Technologies	₹2.0 Lakhs to ₹3.7 Lakhs per year
Sl Lumax	₹1.8 Lakhs to ₹3.8 Lakhs per year
JBM Group	₹1.1 Lakhs to ₹3.2 Lakhs per year
Sundaram Clayton	₹2.1 Lakhs to ₹2.8 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 Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai?

The salary growth for a Graduate Engineer Trainee (Get) at Rico Auto Industries in Chennai depends on factors such as experience, performance, and promotions. On average, a Graduate Engineer Trainee (Get) in Chennai can expect the following growth trajectory at Rico Auto Industries:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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Rico Auto Industries Graduate Engineer Trainee (Get) Salaries in Chennai

Rico Auto Industries Graduate Engineer Trainee (Get) salary in Chennai ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.