Varroc Group Associate Vice President Salaries by 6 Employees

23 - 29 years exp.

₹80 Lakhs - ₹99 Lakhs

Salary of majority employees

184% more than the average Associate Vice President Salary in Auto Components Companies for 23 - 29 years of experience

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Salaries in different departments

Strategic & Top Management Associate Vice President Salary 27 - 29 years exp. (3 salaries)	₹85 L/yr - ₹99 L/yr
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Production, Manufacturing & Engineering Associate Vice President Salary 23 - 25 years exp. (AmbitionBox Estimate)	₹90.3 L/yr - ₹99.8 L/yr

Last Updated: 7 Oct 2024

Companies similar to Varroc Group for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Associate Vice President Salary 20 - 32 years exp. (38 salaries)	₹10 L/yr - ₹36.8 L/yr 74% less
Spark Minda Associate Vice President Salary 25 - 30 years exp. (9 salaries)	₹50 L/yr - ₹65 L/yr 41% less
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JBM Group Associate Vice President Salary 21 - 24 years exp. (5 salaries)	₹49 L/yr - ₹63 L/yr 41% less
Krishna Maruti Associate Vice President Salary 25 - 30 years exp. (4 salaries)	₹37.4 L/yr - ₹70 L/yr 33% less
Motherson Automotive Technologies and Engineering Associate Vice President Salary 27 - 30 years exp. (4 salaries)	₹45 L/yr - ₹94 L/yr 25% less

Associate Vice President salary at Varroc Group ranges between ₹80 Lakhs to ₹99 Lakhs per year for employees with experience between 23 years to 29 years. Salary estimates are based on 6 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Associate Vice President salaries

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
15+ years (6 salaries)	₹80 L/yr - ₹99 L/yr
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Similar Designation salaries in Varroc Group

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₹20.7 L/yr - ₹26.5 L/yr

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Salary related reviews for Varroc Group

4.9

Rated by 3 employees for salary & benefits

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.

NPD Engineer in Aurangabad

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

Skill development - Poor

+4 more

Engineer in Aurangabad

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

Salary - Bad

+6 more

Engineer in Chennai

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

Salary - Bad

+6 more

R&D Engineer in Pune

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.

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.

see more salary related reviews

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a manager - business analyst

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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Varroc Group Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Varroc Group ?

The average salary of a Associate Vice President at Varroc Group in India typically ranges from ₹80.0 Lakhs to ₹99.0 Lakhs per year, depending on experience (from 23 years to 29 years).

The top 10% of Associate Vice President at Varroc Group earn more than ₹98.7 Lakhs per year, and the top 1% earn over ₹99.0 Lakhs per year. Associate Vice President 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 6 Varroc Group employees in India.

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

The estimated take-home salary of a Associate Vice President at Varroc Group in India typically ranges from ₹5,02,309 to ₹5,15,601 per month. This is based on the average salary range of ₹80.0 Lakhs to ₹99.0 Lakhs per year for employees with experience ranging from 23 years to 29 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 Varroc Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Associate Vice President in companies similar to Varroc Group in India?

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

Motherson Automotive Technologies and Engineering	₹45.0 Lakhs to ₹94.0 Lakhs per year
Krishna Maruti	₹37.4 Lakhs to ₹70.0 Lakhs per year
JBM Group	₹49.0 Lakhs to ₹63.0 Lakhs per year
Spark Minda	₹50.0 Lakhs to ₹65.0 Lakhs per year
Bharat Forge	₹10.0 Lakhs to ₹36.8 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 Vice President at Varroc Group in India?

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

Experience	Average Salary Range
15 years	₹80.0 Lakhs to ₹99.0 Lakhs per year

and so on.

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Varroc Group Associate Vice President Salaries

Varroc Group Associate Vice President salary in India ranges between ₹80 Lakhs to ₹99 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Varroc Group latest salaries received from various employees of Varroc Group.