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3.6

based on 2.4k Reviews

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Varroc Group new Product Development Executive salaries in India

Annual salary range
2 - 21 years exp.
₹2.5 Lakhs - ₹7.2 Lakhs
Salary of majority employees
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49% more than the average new Product Development Executive Salary in Auto Components Companies for 2 - 21 years of experience

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Last Updated: 12 Jun 2024

Companies similar to Varroc Group for new Product Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹4.2 L/yr

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₹2.8 L/yr - ₹4 L/yr

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₹8.5 L/yr - ₹10 L/yr

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₹2.7 L/yr - ₹3.5 L/yr

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₹3 L/yr - ₹6 L/yr

arrow icon 38% less
new Product Development Executive salary at Varroc Group ranges between ₹2.5 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 21 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 Executive

7mo ago
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21 years exp.
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3 years exp.
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2 years exp.
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3 years exp.

Experience wise Varroc Group new Product Development Executive salaries

Last Updated: 12 Jun 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
15+ years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Varroc Group

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₹5 L/yr - ₹8 L/yr
Research Scientist Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
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₹2.9 L/yr - ₹12 L/yr
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₹5 L/yr - ₹10.5 L/yr
Research Associate Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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(AmbitionBox Estimate)
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₹14.2 L/yr - ₹18.2 L/yr
Senior Engineer Salary
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₹2.75 L/yr - ₹9.45 L/yr
Technical Lead Salary
(5 salaries)
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₹12 L/yr - ₹16.53 L/yr
Lead Engineer Salary
(17 salaries)
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₹8 L/yr - ₹19.5 L/yr
Design Engineer Salary
(48 salaries)
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₹1.8 L/yr - ₹10.44 L/yr

Salary related reviews for Varroc Group

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

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.

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

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

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Varroc Group new Product Development Executive Salary FAQs

What is the salary of new Product Development Executive at Varroc Group?
new Product Development Executive salary at Varroc Group in India ranges between ₹2.5 Lakhs to ₹7.2 Lakhs for experience between 2 years to 21 years. According to our estimates it is 49% more than the average new Product Development Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group India.
How does the salary of a new Product Development Executive at Varroc Group India compare with the average salary range for this job?
The average salary of a new Product Development Executive at Varroc Group is 49% more than the average salary of a new Product Development Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Varroc Group to a new Product Development Executive in India?
  • Hitachi Astemo new Product Development Executive Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a new Product Development Executive in companies similar to Varroc Group in India?
  • Ajanta Print Arts new Product Development Executive Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • Belrise Industries new Product Development Executive Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
  • Zymo Cosmetics new Product Development Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
  • JBM Group new Product Development Executive Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a new Product Development Executive at Varroc Group in India?
The estimated take-home salary of a new Product Development Executive at Varroc Group ranges between ₹42,986 per month to ₹44,107 per month in India. The take-home salary calculation is based on the average Varroc Group new Product Development Executive salary in India which ranges between ₹2.5 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 21 years. Check how did we calculate take home salary?
What is the notice period for new Product Development Executive at Varroc Group?
According to AmbitionBox, 100% of the Varroc Group new Product Development Executives reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Varroc Group new Product Development Executive salary in India ranges between ₹2.5 Lakhs to ₹7.2 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.