Varroc Group Tool Engineer Salaries by 7 Employees

0 - 13 years exp.

₹2.3 Lakhs - ₹9.5 Lakhs

Salary of majority employees

38% less than the average Tool Engineer Salary in Auto Components Companies for 0 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹4 L/yr
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Research & Development Tool Engineer Salary Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 31 Jul 2024

Companies similar to Varroc Group for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Magna International Tool Engineer Salary 7 - 14 years exp. (14 salaries)	₹4 L/yr - ₹7.1 L/yr 11% more
Motherson Automotive Technologies and Engineering Tool Engineer Salary 3 - 7 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr 32% less
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L.G.Balakrishnan & Bros Tool Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 37% less
Pricol Tool Engineer Salary 5 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹4.2 L/yr 22% less
JBM Group Tool Engineer Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 29% less
Lumax Industries Tool Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 50% less
Belrise Industries Tool Engineer Salary 1 - 7 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 51% less
Mando Automotive Tool Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹3.6 L/yr 35% less
Gabriel India Tool Engineer Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹4.6 L/yr 49% less
CIE Automotive Tool Engineer Salary 2 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 39% less
Endurance Technologies Tool Engineer Salary 1 - 13 years exp. (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr 44% less
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Steel Strips Wheels Tool Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr 23% less
Tata AutoComp Systems Tool Engineer Salary 5 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 2% more
Faurecia Tool Engineer Salary 2 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 49% less

Tool Engineer salary at Varroc Group ranges between ₹2.3 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Tool Engineer salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr

View all

Similar Designation salaries in Varroc Group

Senior Engineer Salary

(287 salaries)

₹2.75 L/yr - ₹9.45 L/yr

Tool Room Engineer Salary

(42 salaries)

₹2.7 L/yr - ₹5.13 L/yr

Junior Engineer Salary

(29 salaries)

₹1.56 L/yr - ₹3.7 L/yr

Quality Engineer Salary

(337 salaries)

₹1 L/yr - ₹7.3 L/yr

Design Engineer Salary

(47 salaries)

₹1.8 L/yr - ₹10.46 L/yr

Tool Maker Salary

(5 salaries)

₹1 L/yr - ₹2.75 L/yr

Tool & DIE Maker Salary

(6 salaries)

₹1.8 L/yr - ₹5.2 L/yr

Assistant Engineer Salary

(25 salaries)

₹1.8 L/yr - ₹3.05 L/yr

Tool Room Trainee Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Executive Engineer Salary

(49 salaries)

₹4.6 L/yr - ₹9.5 L/yr

Salary related reviews for Varroc Group

Rated by 1 employees for salary & benefits

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

Tool Room Engineer in Aurangabad

Product Design & Development Department

3.0

• posted on 25 Dec 2021

2.0

for Salary and Benefits

Likes

...ing. Staff is very helpfull and supportive. The wok and life is quite good here. But the one think I wanted to say that salary is very much poor. You will never get the salary you deserve so there is no value for your work no one approciate you of you do the great job. So if you want a balance life the Varroc is definitely a very good place. But if you want a good salary then please don't go for Varroc. Thank you!

Skill development - Good

+4 more

Dislikes

Salary - Poor

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.

Graduate Trainee in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 07 Feb 2025

4.0

for Salary and Benefits

Likes

For on campus freshers the salary is good.

Salary - Good

Dislikes

Apart from salary everything else is pretty bad. You get put into any departments at any location at random. Doesn't matter your specialization, you'll be put into departments that are not at all relevant to you. On top of that you will be into a completely different department after one year that has no relation with the first one. So now, in your resume, you have one year experience in one field and another year experience in a completely different field and your bachelor's specialization is in a completely different field.

Skill development - Bad

+3 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Varroc Group Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Varroc Group ?

The average salary of a Tool Engineer at Varroc Group in India typically ranges from ₹2.3 Lakhs to ₹9.5 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Tool Engineer at Varroc Group earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Tool 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 7 Varroc Group employees in India.

What is the estimated take home salary of a Tool Engineer at Varroc Group in India?

The estimated take-home salary of a Tool Engineer at Varroc Group in India typically ranges from ₹37,426 to ₹38,629 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from Fresher to 13 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 7 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 Tool Engineer in India?

Magna International	₹4.0 Lakhs to ₹7.1 Lakhs per year
Tata AutoComp Systems	₹4.2 Lakhs to ₹5.8 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 Tool Engineer in companies similar to Varroc Group in India?

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

Pricol	₹3.6 Lakhs to ₹4.2 Lakhs per year
Steel Strips Wheels	₹3.1 Lakhs to ₹4.5 Lakhs per year
JBM Group	₹3.0 Lakhs to ₹4.3 Lakhs per year
Motherson Automotive Technologies and Engineering	₹3.0 Lakhs to ₹5.0 Lakhs per year
Mando Automotive	₹3.1 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 Tool Engineer at Varroc Group in India?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Varroc Group Tool Engineer Salaries

Varroc Group Tool Engineer salary in India ranges between ₹2.3 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Varroc Group latest salaries received from various employees of Varroc Group.