Rico Auto Industries Manager Machine Shop Salaries by 6 Employees

14 - 22 years exp.

₹12.3 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Manager Machine Shop Salary in Auto Components Companies for 14 - 22 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Machine Shop Salary 14 - 16 years exp. (4 salaries)	₹13 L/yr - ₹14 L/yr
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Research & Development Manager Machine Shop Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13.5 L/yr

Last Updated: 30 Dec 2024

Companies similar to Rico Auto Industries for Manager Machine Shop

Company name	Avg Annual Salary	Open Jobs
Isgec Heavy Engineering Manager Machine Shop Salary 15 - 21 years exp. (6 salaries)	₹10 L/yr - ₹18 L/yr 8% more
Lohia Group Manager Machine Shop Salary 9 - 17 years exp. (6 salaries)	₹5 L/yr - ₹13 L/yr 32% less
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Musashi Auto Parts Manager Machine Shop Salary 18 - 20 years exp. (4 salaries)	₹13.5 L/yr - ₹15.3 L/yr 13% more
Hero MotoCorp Manager Machine Shop Salary 9 - 17 years exp. (4 salaries)	₹8.3 L/yr - ₹29.1 L/yr 51% more
Sakthi Auto Ancillary Manager Machine Shop Salary 24 - 28 years exp. (4 salaries)	₹7.2 L/yr - ₹7.5 L/yr 43% less

Manager Machine Shop salary at Rico Auto Industries ranges between ₹12.3 Lakhs to ₹14 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Manager Machine Shop salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹24.7 L/yr
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15+ years (5 salaries)	₹12.3 L/yr - ₹14 L/yr

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Top skills at Rico Auto Industries for Manager Machine Shop

Programming CNC Machines Problem Solving Operations Manpower Handling SPC VMC Machine Toolings

Salary related reviews for Rico Auto Industries

4.0

Rated by 1 employees for salary & benefits

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

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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 Manager Machine Shop Salary FAQs

What is the salary of Manager Machine Shop at Rico Auto Industries ?

The average salary of a Manager Machine Shop at Rico Auto Industries in India typically ranges from ₹12.3 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Manager Machine Shop at Rico Auto Industries earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Manager Machine Shop 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 6 Rico Auto Industries employees in India.

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

The estimated take-home salary of a Manager Machine Shop at Rico Auto Industries in India typically ranges from ₹91,755 to ₹94,210 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 14 years to 22 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 6 salaries received from various employees of Rico Auto Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager Machine Shop at Rico Auto Industries ?

To be a Manager Machine Shop at Rico Auto Industries in india, the key skills required include:

- Programming
- CNC Machines
- Problem Solving
- Operations
- Manpower Handling

These skills are highly valued at Rico Auto Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Rico Auto Industries for Manager Machine Shop in India?

Hero MotoCorp	₹8.3 Lakhs to ₹29.1 Lakhs per year
Musashi Auto Parts	₹13.5 Lakhs to ₹15.3 Lakhs per year
Isgec Heavy Engineering	₹10.0 Lakhs to ₹18.0 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 Manager Machine Shop in companies similar to Rico Auto Industries in India?

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

Lohia Group	₹5.0 Lakhs to ₹13.0 Lakhs per year
Sakthi Auto Ancillary	₹7.2 Lakhs to ₹7.5 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 Manager Machine Shop at Rico Auto Industries in India?

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

Experience	Average Salary Range
14 years	₹13.2 Lakhs to ₹24.7 Lakhs per year
15 years	₹12.3 Lakhs to ₹14.0 Lakhs per year

and so on.

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Rico Auto Industries Manager Machine Shop Salaries

Rico Auto Industries Manager Machine Shop salary in India ranges between ₹12.3 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Rico Auto Industries latest salaries received from various employees of Rico Auto Industries.