Varroc Group Graduate Engineer Apprentice Salaries by 4 Employees

0 - 2 years exp.

₹1.2 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% more than the average Graduate Engineer Apprentice Salary in Auto Components Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Graduate Engineer Apprentice Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
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UX, Design & Architecture Graduate Engineer Apprentice Salary 2 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 22 Nov 2023

Companies similar to Varroc Group for Graduate Engineer Apprentice

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros Graduate Engineer Apprentice Salary 0 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹2.1 L/yr 21% less
TVS Sundram Fasteners Graduate Engineer Apprentice Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 31% less
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Asahi India Glass Graduate Engineer Apprentice Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr 3% less
SKF Graduate Engineer Apprentice Salary 0 - 1 year exp. (3 salaries)	₹1.2 L/yr - ₹1.8 L/yr 35% less
Hitachi Astemo Graduate Engineer Apprentice Salary 1 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹6.3 L/yr 41% more

Graduate Engineer Apprentice salary at Varroc Group ranges between ₹1.2 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Graduate Engineer Apprentice salaries

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Varroc Group

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(172 salaries)

₹1.2 L/yr - ₹8.4 L/yr

Graduate Engineer Trainee (Get) Salary

(122 salaries)

₹1.4 L/yr - ₹9.62 L/yr

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₹1.4 L/yr - ₹3.25 L/yr

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₹2.5 L/yr - ₹6.2 L/yr

QA Engineer Salary

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₹0.9 L/yr - ₹2.75 L/yr

Salary related reviews for Varroc Group

3.0

Rated by 1 employees for salary & benefits

Graduate Engineer Trainee (Get) in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 31 Jan 2023

5.0

for Salary and Benefits

Likes

...ars so, you'll get to work in R&D & Operations and will get a holistic growth. Salary benefits & promotion is quite good for GET's at Varroc.

Salary - Excellent

+2 more

Dislikes

Work life balance is missing. You'll have to work 6 days a week if you're put in operations. Work culture is a little bit odd.

Tool Room Engineer in Aurangabad

Product Design & Development Department

3.0

• posted on 25 Dec 2021

2.0

for Salary and Benefits

Likes

...ing. Staff is very helpfull and supportive. The wok and life is quite good here. But the one think I wanted to say that salary is very much poor. You will never get the salary you deserve so there is no value for your work no one approciate you of you do the great job. So if you want a balance life the Varroc is definitely a very good place. But if you want a good salary then please don't go for Varroc. Thank you!

Skill development - Good

+4 more

Dislikes

Salary - Poor

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.

Electrical Maintenance Engineer in Aurangabad

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Aug 2020

1.0

for Salary and Benefits

Likes

Overall experience working with Varroc engineering limited is average. Salary cuts during this lockdown is as per guidelines from Bajaj Auto Ltd. Good thing is that they paid almost every employee.

Dislikes

Work burden is on only few people while rest enjoy perks of being relatives of at higher positions. Relations is given priority on skills. Semi skilled workforce are being paid much more than Engineers who works beyond their prescribed working hours ( No compensation for Extra working hours). Transportation facility is not good. Even at this pandemic Bus is fully loaded. Canteen food quality is poor. More focus is given to work as per document rather than as per Logical reasoning. More focus is on finding culprits rather than providing solutions. Brainstorming hardly occur.

Salary - Bad

+3 more

Line Leader in Corporate Office Aurangabad

Paint Shop Department

4.0

• posted on 25 Mar 2021

4.0

for Salary and Benefits

Likes

Painting line assembly dispatch pt line etc all paint shop

Salary - Good

+6 more

Dislikes

There is slot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joiners.

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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 Graduate Engineer Apprentice Salary FAQs

What is the salary of Graduate Engineer Apprentice at Varroc Group ?

The average salary of a Graduate Engineer Apprentice at Varroc Group in India typically ranges from ₹1.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Graduate Engineer Apprentice at Varroc Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Graduate Engineer Apprentice 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 Graduate Engineer Apprentice at Varroc Group in India?

The estimated take-home salary of a Graduate Engineer Apprentice at Varroc Group in India typically ranges from ₹17,281 to ₹18,985 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 2 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.

Which companies offer higher salaries than Varroc Group for Graduate Engineer Apprentice in India?

Hitachi Astemo

₹2.1 Lakhs to ₹6.3 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 Graduate Engineer Apprentice in companies similar to Varroc Group in India?

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

Asahi India Glass	₹2.0 Lakhs to ₹3.2 Lakhs per year
L.G.Balakrishnan & Bros	₹1.6 Lakhs to ₹2.1 Lakhs per year
TVS Sundram Fasteners	₹1.2 Lakhs to ₹2.5 Lakhs per year
SKF	₹1.2 Lakhs to ₹1.8 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 Graduate Engineer Apprentice at Varroc Group in India?

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

Experience	Average Salary Range
Fresher	₹1.1 Lakhs to ₹1.4 Lakhs per year
1 year	₹1.3 Lakhs to ₹1.7 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Varroc Group Graduate Engineer Apprentice Salaries

Varroc Group Graduate Engineer Apprentice salary in India ranges between ₹1.2 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.