Varroc Group Mould Setter Salaries by 4 Employees

1 - 3 years exp.

₹1.9 Lakh - ₹2.4 Lakhs

Salary of majority employees

11% less than the average Mould Setter Salary in Auto Components Companies for 1 - 3 years of experience

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Last Updated: 6 Apr 2023

Companies similar to Varroc Group for Mould Setter

Company name	Avg Annual Salary	Open Jobs
Motherson Automotive Technologies and Engineering Mould Setter Salary 0 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹2.9 L/yr 11% more
Lumax Industries Mould Setter Salary 1 - 24 years exp. (4 salaries)	₹2.4 L/yr - ₹7 L/yr 78% more
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Faurecia Mould Setter Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 8% more
Watertec India Mould Setter Salary 4 - 11 years exp. (6 salaries)	₹3.4 L/yr - ₹4 L/yr 65% more
India Japan Lighting Mould Setter Salary 3 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.4 L/yr 8% more

Mould Setter salary at Varroc Group ranges between ₹1.9 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Mould Setter salaries

Last Updated: 6 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in Varroc Group

Line Leader Salary

(21 salaries)

₹1.7 L/yr - ₹4.2 L/yr

Supervisor Salary

(29 salaries)

₹1.92 L/yr - ₹5.45 L/yr

Shift Engineer Salary

(9 salaries)

₹3 L/yr - ₹4.77 L/yr

Senior Engineer Salary

(287 salaries)

₹2.75 L/yr - ₹9.45 L/yr

Shift Incharge Salary

(34 salaries)

₹2 L/yr - ₹7 L/yr

Quality Engineer Salary

(337 salaries)

₹1 L/yr - ₹7.3 L/yr

Project Engineer Salary

(8 salaries)

₹5 L/yr - ₹10.5 L/yr

Junior Engineer Salary

(29 salaries)

₹1.56 L/yr - ₹3.7 L/yr

Production Officer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Production Manager Salary

(33 salaries)

₹8.5 L/yr - ₹18.5 L/yr

Salary related reviews for Varroc Group

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 .

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

Line Leader in Corporate Office Aurangabad

Paint Shop Department

4.0

• posted on 25 Mar 2021

4.0

for Salary and Benefits

Likes

Painting line assembly dispatch pt line etc all paint shop

Salary - Good

+6 more

Dislikes

There is slot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joiners.

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.

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.

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.

Salary - Good

+5 more

Dislikes

compensation is good but growth is very slow.as compere to work load.

Shift Incharge in Aurangabad

Procurement & Supply Chain Department

3.0

• posted on 20 May 2019

1.0

for Salary and Benefits

Likes

Varroc was a first step of my carrier. Boss was good and always ready to share knowledge.

Company culture - Good

Dislikes

... and discipline culture. Management has a good Control over plant and employees. Salary structure is not as per the reputation.

Salary - Bad

+3 more

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Varroc Group Mould Setter Salary FAQs

What is the salary of Mould Setter at Varroc Group ?

The average salary of a Mould Setter at Varroc Group in India typically ranges from ₹1.9 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Mould Setter at Varroc Group earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Mould Setter 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 Mould Setter at Varroc Group in India?

The estimated take-home salary of a Mould Setter at Varroc Group in India typically ranges from ₹14,834 to ₹16,387 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 3 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 Mould Setter in India?

Lumax Industries	₹2.4 Lakhs to ₹7.0 Lakhs per year
Watertec India	₹3.4 Lakhs to ₹4.0 Lakhs per year
Motherson Automotive Technologies and Engineering	₹1.5 Lakhs to ₹2.9 Lakhs per year
India Japan Lighting	₹2.2 Lakhs to ₹2.4 Lakhs per year
Faurecia	₹2.2 Lakhs to ₹2.5 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.

How the salary growth look like for a Mould Setter at Varroc Group in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Varroc Group Mould Setter Salaries

Varroc Group Mould Setter salary in India ranges between ₹1.9 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Varroc Group latest salaries received from various employees of Varroc Group.