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3.7

based on 2.4k Reviews

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Varroc Group Component Development Engineer salaries in Pune

Annual salary range
0 - 9 years exp.
₹2.4 Lakhs - ₹9.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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18% more than the average Component Development Engineer Salary in Auto Components Companies for 0 - 9 years of experience

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Salaries in different departments

Research & Development
Component Development Engineer Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.5 L/yr

Procurement & Supply Chain
Component Development Engineer Salary
Fresher (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 28 Jan 2025

Companies similar to Varroc Group for Component Development Engineer in Pune

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Varroc Group Component Development Engineer Salary

0 - 9 years exp. (3 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.9 L/yr - ₹21 L/yr

arrow icon 44% more
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₹4.1 L/yr - ₹4.1 L/yr

arrow icon 43% less
Component Development Engineer salary at Varroc Group ranges between ₹2.4 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group Component Development Engineer in Pune

2d ago
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8 months exp.
2w ago
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9 years exp.
6mo ago
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8 years exp.

Experience wise Varroc Group Component Development Engineer salaries in Pune

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹10.9 L/yr

Similar Designation salaries in Varroc Group

Senior Engineer Salary
(73 salaries)
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₹3 L/yr - ₹9.45 L/yr
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₹1.6 L/yr - ₹6.06 L/yr
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₹2.9 L/yr - ₹11.55 L/yr
Design Engineer Salary
(28 salaries)
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₹2.5 L/yr - ₹10.3 L/yr
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₹4.2 L/yr - ₹11.35 L/yr

Salary related reviews for Varroc Group

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

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 .

read more
  • 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

read more

Research & Development Department

2.0
  •  posted on 28 Sep 2022

2.0
 for  Salary and Benefits

Likes

Good staff and supporting managers.

Dislikes

HR policies are not good and can't expect good hike (no hike as per year's of Experience) and at the end need to switch organization due to not good increment, if you have good current package then only think to join varroc.

read more
  • Salary - Poor
    +1 more

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.

read more
  • 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.

read more
  • Job security - Poor

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.

read more
  • Salary - Good
    +5 more

Dislikes

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

see more salary related reviews

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Varroc Group Component Development Engineer Salary FAQs

What is the notice period for Component Development Engineer at Varroc Group in Pune?
According to AmbitionBox, 67% of the Varroc Group Component Development Engineers in Pune reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Varroc Group Component Development Engineer salary in Pune ranges between ₹2.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Varroc Group latest salaries received from various employees of Varroc Group.