Varroc Group Tool Maker Salaries by 5 Employees

Select experience

₹1 Lakh - ₹2.8 Lakhs

Salary of majority employees

57% less than the average Tool Maker Salary in Auto Components Companies for 1 year of experience

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Last Updated: 16 Mar 2023

Companies similar to Varroc Group for Tool Maker

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros Tool Maker Salary 0 - 4 years exp. (16 salaries)	₹1.2 L/yr - ₹3.5 L/yr 11% more
Magna International Tool Maker Salary 3 - 7 years exp. (9 salaries)	₹2.4 L/yr - ₹4.2 L/yr 70% more
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Schaeffler India Tool Maker Salary 2 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 15% more
JBM Group Tool Maker Salary 1 - 6 years exp. (7 salaries)	₹2.1 L/yr - ₹4.2 L/yr 46% more
Wheels Tool Maker Salary 3 - 8 years exp. (5 salaries)	₹1 L/yr - ₹2 L/yr 8% less
Motherson Automotive Technologies and Engineering Tool Maker Salary 2 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹4.1 L/yr 90% more
Krishna Maruti Tool Maker Salary 1 - 10 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 41% more
Subros Tool Maker Salary 4 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 115% more

Tool Maker salary at Varroc Group ranges between ₹1 Lakh to ₹2.8 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Tool Maker salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (5 salaries)	₹1 L/yr - ₹2.8 L/yr
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Similar Designation salaries in Varroc Group

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Salary related reviews for Varroc Group

4.0

Rated by 1 employees for salary & benefits

Trainee in Pune

Full Time

Other Department

4.0

• posted on 01 Mar 2021

3.0

for Salary and Benefits

Likes

Good culture and environment. Company policies are good. And give good salary for employees.... all functions are celebrat . work satisfaction is good. Overall experience is excellent....

Promotions - Good

+2 more

Dislikes

No good communication and understanding power ....salary is decent but career growth is slow....on the job training is not given to new joiners.

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

Operator in Rudrapur

Production, Manufacturing & Engineering Department

3.0

• posted on 12 Oct 2020

3.0

for Salary and Benefits

Likes

Have a good working environment, engineer and supervisor behave friendly with all workers, they tech us about to learn new things. They always support and encourage. I m happy to working there.

Dislikes

There is phone not allowed, late payment, less salary.

Job security - Bad

+1 more

Trainee in Aurangabad

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Sep 2018

4.0

for Salary and Benefits

Likes

... too and seniors are too good with me and help for learn extra about field work.No job security there career growth were poor,salary were poor.There are more politics between some union members,work environment were good.

Salary - Good

+2 more

Dislikes

I dislike there union unity and their behaviour of some peoples.

Promotions - Poor

+1 more

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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 Maker Salary FAQs

What is the salary of Tool Maker at Varroc Group ?

The average salary of a Tool Maker at Varroc Group in India typically ranges from ₹1.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 1 year to 1 year).

The top 10% of Tool Maker at Varroc Group earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Tool Maker 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 5 Varroc Group employees in India.

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

The estimated take-home salary of a Tool Maker at Varroc Group in India typically ranges from ₹13,110 to ₹14,514 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 1 year to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 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 Maker in India?

Subros	₹3.5 Lakhs to ₹4.5 Lakhs per year
Motherson Automotive Technologies and Engineering	₹3.2 Lakhs to ₹4.1 Lakhs per year
Magna International	₹2.4 Lakhs to ₹4.2 Lakhs per year
JBM Group	₹2.1 Lakhs to ₹4.2 Lakhs per year
Krishna Maruti	₹2.0 Lakhs to ₹3.6 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 Maker in companies similar to Varroc Group in India?

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

Schaeffler India	₹1.8 Lakhs to ₹2.5 Lakhs per year
L.G.Balakrishnan & Bros	₹1.2 Lakhs to ₹3.5 Lakhs per year
Wheels	₹1.0 Lakhs to ₹2.0 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 Maker at Varroc Group in India?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹2.8 Lakhs per year

and so on.

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Varroc Group Tool Maker Salaries

Varroc Group Tool Maker salary in India ranges between ₹1 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Varroc Group latest salaries received from various employees of Varroc Group.