Rico Auto Industries Tool Engineer Salaries by 2 Employees (Updated 2025)

2 - 3 years exp.

₹2.3 Lakhs - ₹2.9 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 27 Dec 2024

Companies similar to Rico Auto Industries for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Tool Engineer Salary 0 - 7 years exp. (11 salaries)	₹1.5 L/yr - ₹5.5 L/yr 11% more
Endurance Technologies Tool Engineer Salary 1 - 13 years exp. (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr 5% more
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Magna International Tool Engineer Salary 7 - 14 years exp. (13 salaries)	₹4 L/yr - ₹7.1 L/yr 104% more
L.G.Balakrishnan & Bros Tool Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 18% more
Pricol Tool Engineer Salary 5 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹4.2 L/yr 48% more
JBM Group Tool Engineer Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 35% more
Lumax Industries Tool Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 5% less
Gabriel India Tool Engineer Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹4.6 L/yr 3% less
CIE Automotive Tool Engineer Salary 2 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 15% more
Steel Strips Wheels Tool Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr 45% more
Tata AutoComp Systems Tool Engineer Salary 5 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 93% more
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Tool Engineer salary at Rico Auto Industries ranges between ₹2.3 Lakhs to ₹2.9 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Rico Auto Industries.

Similar Designation salaries in Rico Auto Industries

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Salary related reviews for Rico Auto Industries

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.

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Rico Auto Industries Tool Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Rico Auto Industries Tool Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Rico Auto Industries Tool Engineer Salaries

Rico Auto Industries Tool Engineer salary in India ranges between ₹2.3 Lakhs to ₹2.9 Lakhs. This is an estimate based on latest salaries received from employees of Rico Auto Industries.