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3.6

based on 2.6k Reviews

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Varroc Group new Product Development Engineer salaries in Aurangabad

Annual salary range
3 - 7 years exp.
₹2.5 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% more than the average new Product Development Engineer Salary in Auto Components Companies for 3 - 7 years of experience

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Last Updated: 2 Feb 2024

Companies similar to Varroc Group for new Product Development Engineer in Aurangabad

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Varroc Group new Product Development Engineer Salary

3 - 7 years exp. (4 salaries)
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₹2.5 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Belrise Industries new Product Development Engineer Salary

2 - 7 years exp. (8 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 4% less
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Endurance Technologies new Product Development Engineer Salary

1 - 6 years exp. (3 salaries)
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₹1.5 L/yr - ₹3 L/yr

arrow icon 21% less
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Sanjeev Auto Parts Manufacturers new Product Development Engineer Salary

1 - 6 years exp. (10 salaries)
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₹2.2 L/yr - ₹5.6 L/yr

arrow icon 5% less
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Rucha Engineers new Product Development Engineer Salary

1 - 5 years exp. (9 salaries)
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₹2 L/yr - ₹3.6 L/yr

arrow icon 34% less
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Meeta Forge new Product Development Engineer Salary

4 - 8 years exp. (4 salaries)
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₹2 L/yr - ₹3.5 L/yr

arrow icon 26% less
new Product Development Engineer salary at Varroc Group ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group new Product Development Engineer in Aurangabad

1y ago
₹4 Lakhs
7 years exp.
1y ago
₹4 Lakhs
6 years exp.

Experience wise Varroc Group new Product Development Engineer salaries in Aurangabad

Last Updated: 2 Feb 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr

Similar Designation salaries in Varroc Group

Production Engineer Salary
(58 salaries)
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₹2 L/yr - ₹6 L/yr
Production Manager Salary
(15 salaries)
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₹6.5 L/yr - ₹14.25 L/yr
Senior Design Engineer Salary
(6 salaries)
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₹4 L/yr - ₹7.65 L/yr
Development Engineer Salary
(3 salaries)
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₹5.3 L/yr - ₹10 L/yr

Salary related reviews for Varroc Group

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

read more
  • Skill development - Poor
    • +4 more

Junior Engineer in Pune

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

Development Engineer (working remotely)

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

Quality Engineer in Pune

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

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.

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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Varroc Group new Product Development Engineer Salary FAQs

What is the salary of new Product Development Engineer at Varroc Group in Aurangabad?
The average salary of a new Product Development Engineer at Varroc Group in Aurangabad typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of new Product Development Engineer in Aurangabad at Varroc Group earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. new Product Development Engineer 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 new Product Development Engineer at Varroc Group in Aurangabad?
The estimated take-home salary of a new Product Development Engineer at Varroc Group in Aurangabad typically ranges from ₹27,326 to ₹28,730 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 7 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.
What is the salary of a new Product Development Engineer in companies similar to Varroc Group in Aurangabad?
The salary of a new Product Development Engineer at companies similar to Varroc Group in Aurangabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Belrise Industries ₹2.5 Lakhs to ₹4.6 Lakhs per year
Sanjeev Auto Parts Manufacturers ₹2.2 Lakhs to ₹5.6 Lakhs per year
Endurance Technologies ₹1.5 Lakhs to ₹3.0 Lakhs per year
Meeta Forge ₹2.0 Lakhs to ₹3.5 Lakhs per year
Rucha Engineers ₹2.0 Lakhs to ₹3.6 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 new Product Development Engineer at Varroc Group in Aurangabad?
The salary growth for a new Product Development Engineer at Varroc Group in Aurangabad depends on factors such as experience, performance, and promotions. On average, a new Product Development Engineer in Aurangabad can expect the following growth trajectory at Varroc Group:

Experience Average Salary Range
3 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years ₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
and so on.

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Varroc Group new Product Development Engineer salary in Aurangabad ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.