Varroc Group Indore Tool Engineer Salaries by 2 Employees

2 - 3 years exp.

₹4.5 Lakhs - ₹5.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 24 Jul 2024

Companies similar to Varroc Group for Tool Engineer in Indore

Varroc Group Tool Engineer Salary

2 - 3 years exp. (AmbitionBox Estimate)

₹4.5 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Belmaks Tool Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 50% less

Tool Engineer salary at Varroc Group ranges between ₹4.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Varroc Group.

Similar Designation salaries in Varroc Group

Quality Engineer Salary

(17 salaries)

₹1.5 L/yr - ₹4.85 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Varroc Group Tool Engineer Salary FAQs

How the salary growth look like for a Tool Engineer at Varroc Group in Indore?

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

Experience	Average Salary Range
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 in Indore

Varroc Group Tool Engineer salary in Indore ranges between ₹4.5 Lakhs to ₹5.7 Lakhs. This is an estimate based on latest salaries received from employees of Varroc Group.