Varroc Group IT Manager Salaries by 6 Employees

20 - 22 years exp.

₹13.3 Lakhs - ₹18 Lakhs

Salary of majority employees

11% more than the average IT Manager Salary in Auto Components Companies for 20 - 22 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 20 - 22 years exp. (3 salaries)	₹15.6 L/yr - ₹18 L/yr
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IT & Information Security IT Manager Salary 21 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 20 Jun 2024

Companies similar to Varroc Group for IT Manager

Company name	Avg Annual Salary	Open Jobs
Steel Strips Wheels IT Manager Salary 12 - 17 years exp. (7 salaries)	₹7.8 L/yr - ₹11.5 L/yr 36% less
Spark Minda IT Manager Salary 11 - 19 years exp. (5 salaries)	₹11.5 L/yr - ₹16.5 L/yr 4% less
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Krishna Maruti IT Manager Salary 10 - 27 years exp. (4 salaries)	₹15.2 L/yr - ₹25.5 L/yr 37% more
Belrise Industries IT Manager Salary 14 - 19 years exp. (4 salaries)	₹9 L/yr - ₹13 L/yr 25% less
Schaeffler India IT Manager Salary 12 - 16 years exp. (4 salaries)	₹9.1 L/yr - ₹21.5 L/yr 12% less
Michelin IT Manager Salary 7 - 14 years exp. (4 salaries)	₹24 L/yr - ₹26 L/yr 62% more	2 job openings
CIE Automotive IT Manager Salary 14 - 22 years exp. (4 salaries)	₹8.1 L/yr - ₹10.4 L/yr 42% less
Faurecia IT Manager Salary 15 - 18 years exp. (4 salaries)	₹25.4 L/yr - ₹29 L/yr 76% more
Motherson Automotive Technologies and Engineering IT Manager Salary 8 - 14 years exp. (3 salaries)	₹17.5 L/yr - ₹30 L/yr 46% more
Magna International IT Manager Salary 12 years exp. (3 salaries)	₹10.4 L/yr - ₹14.3 L/yr 21% less
Imperial Auto Industries IT Manager Salary 11 - 13 years exp. (3 salaries)	₹8.5 L/yr - ₹13.4 L/yr 28% less
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IT Manager salary at Varroc Group ranges between ₹13.3 Lakhs to ₹18 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group IT Manager salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
15+ years (6 salaries)	₹13.3 L/yr - ₹18 L/yr
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Salary related reviews for Varroc Group

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.

Graduate Trainee in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 07 Feb 2025

4.0

for Salary and Benefits

Likes

For on campus freshers the salary is good.

Salary - Good

Dislikes

Apart from salary everything else is pretty bad. You get put into any departments at any location at random. Doesn't matter your specialization, you'll be put into departments that are not at all relevant to you. On top of that you will be into a completely different department after one year that has no relation with the first one. So now, in your resume, you have one year experience in one field and another year experience in a completely different field and your bachelor's specialization is in a completely different field.

Skill development - Bad

+3 more

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

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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 IT Manager Salary FAQs

What is the salary of IT Manager at Varroc Group ?

The average salary of a IT Manager at Varroc Group in India typically ranges from ₹13.3 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 20 years to 22 years).

The top 10% of IT Manager at Varroc Group earn more than ₹17.8 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. IT Manager 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 IT Manager at Varroc Group in India?

The estimated take-home salary of a IT Manager at Varroc Group in India typically ranges from ₹1,06,044 to ₹1,08,961 per month. This is based on the average salary range of ₹13.3 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 20 years to 22 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.

Which companies offer higher salaries than Varroc Group for IT Manager in India?

Faurecia	₹25.4 Lakhs to ₹29.0 Lakhs per year
Michelin	₹24.0 Lakhs to ₹26.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹17.5 Lakhs to ₹30.0 Lakhs per year
Krishna Maruti	₹15.2 Lakhs to ₹25.5 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 IT Manager in companies similar to Varroc Group in India?

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

Spark Minda	₹11.5 Lakhs to ₹16.5 Lakhs per year
Schaeffler India	₹9.1 Lakhs to ₹21.5 Lakhs per year
Magna International	₹10.4 Lakhs to ₹14.3 Lakhs per year
Belrise Industries	₹9.0 Lakhs to ₹13.0 Lakhs per year
Imperial Auto Industries	₹8.5 Lakhs to ₹13.4 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 IT Manager at Varroc Group in India?

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

Experience	Average Salary Range
15 years	₹13.3 Lakhs to ₹18.0 Lakhs per year

and so on.

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Varroc Group IT Manager Salaries

Varroc Group IT Manager salary in India ranges between ₹13.3 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Varroc Group latest salaries received from various employees of Varroc Group.