Rico Auto Industries Senior Engineer Tool Room Salaries by 4 Employees

8 - 9 years exp.

₹4.5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Senior Engineer Tool Room Salary in Auto Components Companies for 8 - 9 years of experience

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Last Updated: 29 May 2024

Companies similar to Rico Auto Industries for Senior Engineer Tool Room

Company name	Avg Annual Salary	Open Jobs
Steel Strips Wheels Senior Engineer Tool Room Salary 5 - 15 years exp. (14 salaries)	₹3.2 L/yr - ₹6.1 L/yr 7% less
L.G.Balakrishnan & Bros Senior Engineer Tool Room Salary 10 - 16 years exp. (6 salaries)	₹5.5 L/yr - ₹6.1 L/yr 19% more
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Lumax Industries Senior Engineer Tool Room Salary 7 - 18 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr 31% more
Sharda Motor Industries Senior Engineer Tool Room Salary 7 - 21 years exp. (5 salaries)	₹5.6 L/yr - ₹6.5 L/yr 18% more
Wheels Senior Engineer Tool Room Salary 4 - 8 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 12% less
Sl Lumax Senior Engineer Tool Room Salary 8 - 10 years exp. (4 salaries)	₹6 L/yr - ₹6.7 L/yr 27% more
Spark Minda Senior Engineer Tool Room Salary 9 - 11 years exp. (4 salaries)	₹5.8 L/yr - ₹7.2 L/yr 30% more
Subros Senior Engineer Tool Room Salary 10 - 16 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 53% more
JBM Group Senior Engineer Tool Room Salary 6 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6.6 L/yr 2% more
Tata AutoComp Systems Senior Engineer Tool Room Salary 7 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6.2 L/yr 2% less

Senior Engineer Tool Room salary at Rico Auto Industries ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Rico Auto Industries.

Experience wise Rico Auto Industries Senior Engineer Tool Room salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Rico Auto Industries

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₹1.8 L/yr - ₹4 L/yr

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Production Manager Salary

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Graduate Engineer Trainee (Get) Salary

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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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Rico Auto Industries Senior Engineer Tool Room Salary FAQs

What is the salary of Senior Engineer Tool Room at Rico Auto Industries ?

The average salary of a Senior Engineer Tool Room at Rico Auto Industries in India typically ranges from ₹4.5 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 8 years to 9 years).

The top 10% of Senior Engineer Tool Room at Rico Auto Industries earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Senior Engineer Tool Room 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 4 Rico Auto Industries employees in India.

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

The estimated take-home salary of a Senior Engineer Tool Room at Rico Auto Industries in India typically ranges from ₹37,564 to ₹38,765 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 8 years to 9 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 4 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 Senior Engineer Tool Room in India?

Subros	₹5.1 Lakhs to ₹10.0 Lakhs per year
Lumax Industries	₹6.0 Lakhs to ₹7.0 Lakhs per year
Spark Minda	₹5.8 Lakhs to ₹7.2 Lakhs per year
Sl Lumax	₹6.0 Lakhs to ₹6.7 Lakhs per year
L.G.Balakrishnan & Bros	₹5.5 Lakhs to ₹6.1 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 Senior Engineer Tool Room in companies similar to Rico Auto Industries in India?

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

Sharda Motor Industries	₹5.6 Lakhs to ₹6.5 Lakhs per year
JBM Group	₹4.0 Lakhs to ₹6.6 Lakhs per year
Tata AutoComp Systems	₹4.2 Lakhs to ₹6.2 Lakhs per year
Steel Strips Wheels	₹3.2 Lakhs to ₹6.1 Lakhs per year
Wheels	₹3.9 Lakhs to ₹5.0 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 Senior Engineer Tool Room at Rico Auto Industries in India?

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

Experience	Average Salary Range
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Rico Auto Industries Senior Engineer Tool Room Salaries

Rico Auto Industries Senior Engineer Tool Room salary in India ranges between ₹4.5 Lakhs to ₹5.8 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.