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Varroc Group Assistant Manager - R&D salaries in India

Annual salary range
1 - 15 years exp.
₹6.5 Lakhs - ₹11 Lakhs
Salary of majority employees
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8% less than the average Assistant Manager - R&D Salary in Auto Components Companies for 1 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA
Assistant Manager - R&D Salary
2 - 7 years exp. (4 salaries)
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₹7.9 L/yr - ₹9 L/yr

Quality Assurance
Assistant Manager - R&D Salary
8 - 15 years exp. (4 salaries)
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₹9.5 L/yr - ₹11 L/yr

Research & Development
Assistant Manager - R&D Salary
1 - 8 years exp. (3 salaries)
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₹6.5 L/yr - ₹9 L/yr

Last Updated: 7 Nov 2023

Companies similar to Varroc Group for Assistant Manager - R&D

Company name Avg Annual Salary Open Jobs
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Gabriel India Assistant Manager - R&D Salary

3 - 12 years exp. (13 salaries)

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₹6.2 L/yr - ₹12 L/yr

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Bharat Forge Assistant Manager - R&D Salary

4 - 15 years exp. (8 salaries)

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₹4.5 L/yr - ₹9.9 L/yr

arrow icon 26% less
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Michelin Assistant Manager - R&D Salary

2 - 6 years exp. (7 salaries)

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₹10.5 L/yr - ₹14.6 L/yr

arrow icon 22% more
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Subros Assistant Manager - R&D Salary

2 - 10 years exp. (7 salaries)

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₹7.6 L/yr - ₹18 L/yr

arrow icon 38% more
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₹8 L/yr - ₹10 L/yr

At par
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₹5.4 L/yr - ₹6 L/yr

arrow icon 37% less
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JBM Group Assistant Manager - R&D Salary

6 - 10 years exp. (6 salaries)

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₹6.3 L/yr - ₹9 L/yr

arrow icon 15% less
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₹6.5 L/yr - ₹7.3 L/yr

arrow icon 24% less
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Lumax Industries Assistant Manager - R&D Salary

10 - 13 years exp. (4 salaries)

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₹9 L/yr - ₹11.3 L/yr

arrow icon 10% more
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Wheels Assistant Manager - R&D Salary

4 - 7 years exp. (4 salaries)

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₹6.2 L/yr - ₹7 L/yr

arrow icon 31% less
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₹7 L/yr - ₹8.7 L/yr

arrow icon 16% less
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₹8.2 L/yr - ₹9.5 L/yr

arrow icon 2% less
Assistant Manager - R&D salary at Varroc Group ranges between ₹6.5 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group Assistant Manager - R&D

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1 year exp.
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8 years exp.
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15 years exp.
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10 years exp.
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7 years exp.
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14 years exp.

Experience wise Varroc Group Assistant Manager - R&D salaries

Last Updated: 7 Nov 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹9 L/yr - ₹17.8 L/yr
2 years (AmbitionBox Estimate)

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₹9 L/yr - ₹17.6 L/yr
3 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
4 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
5 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹17.1 L/yr
View all

Similar Designation salaries in Varroc Group

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₹1.8 L/yr - ₹10.85 L/yr
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₹2.9 L/yr - ₹12 L/yr
R&D Engineer Salary
(33 salaries)
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₹2.15 L/yr - ₹9.64 L/yr
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₹1.2 L/yr - ₹6.5 L/yr
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₹2.88 L/yr - ₹9 L/yr
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₹5 L/yr - ₹15.9 L/yr
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₹5 L/yr - ₹7.5 L/yr
Lead Engineer Salary
(20 salaries)
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₹8 L/yr - ₹19.5 L/yr
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₹2.4 L/yr - ₹5.95 L/yr
NPD Engineer Salary
(17 salaries)
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₹2 L/yr - ₹7.5 L/yr

Salary related reviews for Varroc Group

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

1.0
  •  posted on 27 Dec 2024

3.0
 for  Salary and Benefits

Likes

Salary on time credit

Dislikes

1) Layoff two times in year 2024 2) Increment is not base on performance, meanwhile after resigned varroc was gave hike. 3) Culture very bad 4) No work satisfaction along with no work base on employee profile 5) Notice period 3 month mandatory and it's not negotiable 6) System not smoothly work due employee not satisfaction work culture and financial group 7) R&D HR need take appointment for meeting him 8) Canteen facility very poor

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 29 Nov 2024

3.0
 for  Salary and Benefits

Likes

Varroc is a good employer with good work culture. Flexible work hours, on time salary, peer respect. People and management are supportive. Lots of learning across various engineering disciplines. Good interactions with plant and corporate to make experience more rewarding.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary and benefits are not at par with industries. Need more projects / order to increase job security. No international exposure for ordinary employees.

read more

Engineering - Software & QA Department

3.0
  •  posted on 27 May 2022

1.0
 for  Salary and Benefits

Likes

Management is quite approachable.

Dislikes

... Disparity during appraisal cycle 4. No importance to your mental well being 5. During COVID, some % of salary was cut off without taking any prior concern or information. And in circulated mail, it was mentioned as "Volunteer contribution"

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 26 Dec 2024

1.0
 for  Salary and Benefits

Likes

Only salary on time

Dislikes

a) 3 month unwanted notice period mandatory to serve after maneger approval for one month. Short fall days payout facility not available. b) Year end review not based on performance c) It's based on politics, bad work Culture d) Canteen facility very poor e) punch in time very strictly and it's deducted from leaves. f) Not working as job profile g) Not any training provided h) 2 time layoff by varroc in one month and no any advance information i) No based on system work

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

1.0
  •  posted on 06 Dec 2024

1.0
 for  Salary and Benefits

Likes

Salary will credited at 1st of month

Dislikes

1. Worst company culture 2. Less knowledged superiors 3. Egoistic higher officials 4. Worst HR culture 5. Any time they can fire anyone if higher people has vengeance on someone 6. Worst job structure 7. No hygiene food and toilets 8. No proper hike 9. No job security

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Varroc Group Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Varroc Group ?
The average salary of a Assistant Manager - R&D at Varroc Group in India typically ranges from ₹6.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Assistant Manager - R&D at Varroc Group earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Assistant Manager - R&D Salaries at Varroc Group 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+ Varroc Group employees in India.
What is the estimated take home salary of a Assistant Manager - R&D at Varroc Group in India?
The estimated take-home salary of a Assistant Manager - R&D at Varroc Group in India typically ranges from ₹67,085 to ₹68,802 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Varroc Group for Assistant Manager - R&D in India?
Subros ₹7.6 Lakhs to ₹18.0 Lakhs per year
Michelin ₹10.5 Lakhs to ₹14.6 Lakhs per year
Lumax Industries ₹9.0 Lakhs to ₹11.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Varroc Group, depending on the role and experience level.
What is the salary of a Assistant Manager - R&D in companies similar to Varroc Group in India?
The salary of a Assistant Manager - R&D at companies similar to Varroc Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Endurance Technologies ₹8.0 Lakhs to ₹10.0 Lakhs per year
TVS Sundram Fasteners ₹8.2 Lakhs to ₹9.5 Lakhs per year
Gabriel India ₹6.2 Lakhs to ₹12.0 Lakhs per year
JBM Group ₹6.3 Lakhs to ₹9.0 Lakhs per year
Mando Automotive ₹7.0 Lakhs to ₹8.7 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 Assistant Manager - R&D at Varroc Group in India?
The salary growth for a Assistant Manager - R&D at Varroc Group depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Varroc Group:

Experience Average Salary Range
1 year ₹9.0 Lakhs to ₹17.8 Lakhs per year
2 years ₹9.0 Lakhs to ₹17.6 Lakhs per year
3 years ₹8.7 Lakhs to ₹11.2 Lakhs per year
4 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
and so on.

Tell us how to improve this page.

Varroc Group Assistant Manager - R&D salary in India ranges between ₹6.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Varroc Group latest salaries received from various employees of Varroc Group.