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3.7

based on 2.4k Reviews

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Varroc Group Product Engineer salaries in Pune

Annual salary range
1 - 5 years exp.
₹5 Lakhs - ₹14 Lakhs
Salary of majority employees
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At par with the average Product Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Salaries in different departments

Research & Development
Product Engineer Salary
1 - 5 years exp. (11 salaries)
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₹5 L/yr - ₹10 L/yr

Production, Manufacturing & Engineering
Product Engineer Salary
1 - 3 years exp. (3 salaries)
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₹5 L/yr - ₹7.6 L/yr

Last Updated: 27 Dec 2024

Companies similar to Varroc Group for Product Engineer in Pune

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Varroc Group Product Engineer Salary

1 - 5 years exp. (15 salaries)

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₹5 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Faurecia Product Engineer Salary

10 - 12 years exp. (5 salaries)

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₹8 L/yr - ₹9.4 L/yr

arrow icon 9% more
1 job opening
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Hitachi Astemo Product Engineer Salary

2 - 7 years exp. (4 salaries)

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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 30% less
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Adient Product Engineer Salary

8 - 15 years exp. (169 salaries)

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₹7.4 L/yr - ₹17 L/yr

arrow icon 69% more
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LTIMindtree Product Engineer Salary

1 - 6 years exp. (124 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 11% less
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Cummins Product Engineer Salary

0 - 10 years exp. (107 salaries)

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₹4.4 L/yr - ₹15.1 L/yr

arrow icon 15% more
3 job openings
Product Engineer salary at Varroc Group ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Varroc Group.

Latest annual salaries shared by Varroc Group Product Engineer in Pune

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Experience wise Varroc Group Product Engineer salaries in Pune

Last Updated: 27 Dec 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹5 L/yr - ₹9.5 L/yr
2 years  (4 salaries)

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₹5 L/yr - ₹10 L/yr
3 years  (4 salaries)

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₹5 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹14.5 L/yr
5 years  (3 salaries)

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₹5 L/yr - ₹14 L/yr

Similar Designation salaries in Varroc Group

Senior Engineer Salary
(77 salaries)
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₹3 L/yr - ₹9.35 L/yr
Team Lead Salary
(17 salaries)
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₹8.2 L/yr - ₹27.4 L/yr
Lead Engineer Salary
(12 salaries)
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₹8 L/yr - ₹19.5 L/yr
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₹5 L/yr - ₹12 L/yr
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₹4.2 L/yr - ₹11.35 L/yr
Technical Lead Salary
(3 salaries)
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₹13 L/yr - ₹16.5 L/yr

Top skills at Varroc Group for Product Engineer

Product Engineering TeX Salary Negotiation Procurement management AutoCAD Simulation Simulink Engineering Customer Interaction Manufacturing Engineering Basic Ansys C MATLAB Product Management

Salary related reviews for Varroc Group

2.4

Rated by 3 employees for salary & benefits

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

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

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

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

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.

read 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.

read more
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Varroc Group Product Engineer Salary FAQs

What is the salary of Product Engineer at Varroc Group Pune?
Product Engineer salary at Varroc Group in Pune ranges between ₹5.0 Lakhs to ₹14.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 4% more than the average Product Engineer Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Varroc Group Pune.
How does the salary of a Product Engineer at Varroc Group Pune compare with the average salary range for this job?
The average salary of a Product Engineer at Varroc Group is 4% more than the average salary of a Product Engineer in Pune. To know exact salary insights, login to view.
What are the top skills required to work as a Product Engineer at Varroc Group?
Product Engineering, TeX, Salary Negotiation, Procurement management and AutoCAD are some of the popular skills required to work as a Product Engineer at Varroc Group Pune.
Which similar companies are paying more than Varroc Group to a Product Engineer in Pune?
  • Adient Product Engineer Salary - ₹7.4 Lakhs to ₹17.0 Lakhs per year
  • Cummins Product Engineer Salary - ₹4.4 Lakhs to ₹15.1 Lakhs per year
  • Faurecia Product Engineer Salary - ₹8.0 Lakhs to ₹9.4 Lakhs per year
What is the salary of a Product Engineer in companies similar to Varroc Group in Pune?
  • LTIMindtree Product Engineer Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
  • Hitachi Astemo Product Engineer Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Product Engineer at Varroc Group in Pune?
The estimated take-home salary of a Product Engineer at Varroc Group ranges between ₹58,743 per month to ₹60,224 per month in Pune. The take-home salary calculation is based on the average Varroc Group Product Engineer salary in India which ranges between ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Product Engineer at Varroc Group in Pune?
According to AmbitionBox, 62% of the Varroc Group Product Engineers in Pune reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Varroc Group Product Engineer salary in Pune ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Varroc Group latest salaries received from various employees of Varroc Group.