Varroc Group Manager Materials Salaries by 4 Employees

17 - 20 years exp.

₹14.3 Lakhs - ₹18 Lakhs

Salary of majority employees

12% more than the average Manager Materials Salary in Auto Components Companies for 17 - 20 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Materials Salary 20 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
Project & Program Management Manager Materials Salary 17 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹15.7 L/yr
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Procurement & Supply Chain Manager Materials Salary 19 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15.9 L/yr

Last Updated: 29 Apr 2024

Companies similar to Varroc Group for Manager Materials

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Manager Materials Salary 15 - 18 years exp. (3 salaries)	₹11.8 L/yr - ₹15 L/yr 15% less
Samvardhana Motherson Group Manager Materials Salary 16 - 18 years exp. (4 salaries)	₹12.4 L/yr - ₹17 L/yr 3% less
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UNO Minda Manager Materials Salary 11 - 13 years exp. (5 salaries)	₹8.4 L/yr - ₹22.8 L/yr 9% less
Lumax Industries Manager Materials Salary 14 - 19 years exp. (6 salaries)	₹11.5 L/yr - ₹15 L/yr 9% less
CIE Automotive Manager Materials Salary 17 - 23 years exp. (5 salaries)	₹6.1 L/yr - ₹10.9 L/yr 44% less
Motherson Automotive Technologies and Engineering Manager Materials Salary 13 - 21 years exp. (4 salaries)	₹17.5 L/yr - ₹20.3 L/yr 19% more

Manager Materials salary at Varroc Group ranges between ₹14.3 Lakhs to ₹18 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Manager Materials salaries

Last Updated: 29 Apr 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹14.3 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.

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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Varroc Group Manager Materials Salary FAQs

What is the salary of Manager Materials at Varroc Group ?

The average salary of a Manager Materials at Varroc Group in India typically ranges from ₹14.3 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 17 years to 20 years).

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

The estimated take-home salary of a Manager Materials at Varroc Group in India typically ranges from ₹1,06,838 to ₹1,09,780 per month. This is based on the average salary range of ₹14.3 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 17 years to 20 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 Manager Materials in India?

Motherson Automotive Technologies and Engineering

₹17.5 Lakhs to ₹20.3 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 Manager Materials in companies similar to Varroc Group in India?

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

Samvardhana Motherson Group	₹12.4 Lakhs to ₹17.0 Lakhs per year
Lumax Industries	₹11.5 Lakhs to ₹15.0 Lakhs per year
UNO Minda	₹8.4 Lakhs to ₹22.8 Lakhs per year
Bharat Forge	₹11.8 Lakhs to ₹15.0 Lakhs per year
CIE Automotive	₹6.1 Lakhs to ₹10.9 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 Manager Materials at Varroc Group in India?

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

Experience	Average Salary Range
15 years	₹14.3 Lakhs to ₹18.0 Lakhs per year

and so on.

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Varroc Group Manager Materials Salaries

Varroc Group Manager Materials salary in India ranges between ₹14.3 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.