Varroc Group Associate Component Engineer Salaries by 4 Employees

3 - 16 years exp.

₹9.8 Lakhs - ₹11.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

197% more than the average Associate Component Engineer Salary in Auto Components Companies for 3 - 16 years of experience

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Salaries in different departments

Project & Program Management Associate Component Engineer Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹11.7 L/yr
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Research & Development Associate Component Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.8 L/yr

Last Updated: 31 Mar 2024

Companies similar to Varroc Group for Associate Component Engineer

Company name	Avg Annual Salary	Open Jobs
HVT Technologies Associate Component Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹2.8 L/yr 75% less

Associate Component Engineer salary at Varroc Group ranges between ₹9.8 Lakhs to ₹11.7 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Associate Component Engineer salaries

Last Updated: 31 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
10 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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14 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
15+ years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr

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Salary related reviews for Varroc Group

Junior Engineer in Pune

Quality Assurance Department

4.0

• posted on 10 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive and the management is transparent. There is daily new challenges are come and i like to solve it .

Skill development - Good

+5 more

Dislikes

Overall company is very good but salary is not dependents on talent . On the job training not given to new joinees

Maintenance Engineer in Aurangabad

Maintenance Department

4.0

• posted on 06 Apr 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Good support in work. Company politics are good. U

Skill development - Good

+4 more

Dislikes

Therevis lot a politics and management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joined.

Quality Engineer in Pune

Other Department

4.0

• posted on 12 Mar 2019

4.0

for Salary and Benefits

Likes

I liked my senior teammates most. They always gave a support to me and makes me strong such that I can fight with wrong things happening in company regarding quality.Their i got a free oppurtunity to learn new and do anythings and finally I'm very happy from this.

Salary - Good

+4 more

Dislikes

Actually my plant is newly so system was not very good. I'm on contract basis so observed a large differences among employee in every things like Respect , Food, less salary & to late payment. This things always hurt me and feel bad. But one things our QA supervisors are so good.

Job security - Poor

Senior Engineer in Aurangabad

Production, Manufacturing & Engineering Department

4.0

• posted on 29 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation & adopts latest technology in manufacturing every parts with world class quality.I am enterily happily working with varroc family.

Salary - Good

+5 more

Dislikes

compensation is good but growth is very slow.as compere to work load.

HR Associate in Pune

Full Time

Human Resources Department

3.0

• posted on 01 Apr 2025

1.0

for Salary and Benefits

Likes

Office Infrastructure Flexible timing Canteen facility Good locality

Dislikes

HR department does not support contractual people & trainees. High salary for low efficient Management freshers (MT) & GETs, outsiders dose not get any value. Policies are only on paper in all departments. No opportunity for hard, smart, working people, only those who act like those are welcome. Favoritism in the HR team. Working on a contractual position is a crime here Cross-functional HODs involvement in process.

Salary - Bad

+4 more

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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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Varroc Group Associate Component Engineer Salary FAQs

What is the salary of Associate Component Engineer at Varroc Group ?

The average salary of a Associate Component Engineer at Varroc Group in India typically ranges from ₹9.8 Lakhs to ₹11.7 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Associate Component Engineer at Varroc Group earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹11.7 Lakhs per year. Associate Component Engineer 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 4 Varroc Group employees in India.

What is the estimated take home salary of a Associate Component Engineer at Varroc Group in India?

The estimated take-home salary of a Associate Component Engineer at Varroc Group in India typically ranges from ₹77,999 to ₹80,025 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹11.7 Lakhs per year for employees with experience ranging from 3 years to 16 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 Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Associate Component Engineer in companies similar to Varroc Group in India?

The salary of a Associate Component Engineer at companies similar to Varroc Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HVT Technologies

₹2.7 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 Associate Component Engineer at Varroc Group in India?

The salary growth for a Associate Component Engineer at Varroc Group depends on factors such as experience, performance, and promotions. On average, a Associate Component Engineer can expect the following growth trajectory at Varroc Group:

Experience	Average Salary Range
3 years	₹8.8 Lakhs to ₹11.3 Lakhs per year
10 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
15 years	₹10.6 Lakhs to ₹13.5 Lakhs per year

and so on.

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Varroc Group Associate Component Engineer Salaries

Varroc Group Associate Component Engineer salary in India ranges between ₹9.8 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.