Varroc Group Pune Tool Room Engineer Salaries by 7 Employees

3 - 6 years exp.

₹3 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Tool Room Engineer Salary in Auto Components Companies for 3 - 6 years of experience

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Last Updated: 21 Dec 2024

Companies similar to Varroc Group for Tool Room Engineer in Pune

Varroc Group Tool Room Engineer Salary

3 - 6 years exp. (7 salaries)

₹3 L/yr - ₹4.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Magna International Tool Room Engineer Salary 7 - 13 years exp. (9 salaries)	₹4.1 L/yr - ₹6.5 L/yr 43% more
Endurance Technologies Tool Room Engineer Salary 0 - 14 years exp. (8 salaries)	₹2 L/yr - ₹3.8 L/yr 2% less
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CIE Automotive Tool Room Engineer Salary 1 - 4 years exp. (8 salaries)	₹2 L/yr - ₹4.5 L/yr 19% less
Tata AutoComp Systems Tool Room Engineer Salary 1 - 8 years exp. (8 salaries)	₹1.8 L/yr - ₹4.2 L/yr 30% less
Spark Minda Tool Room Engineer Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹4.2 L/yr 12% less
Belrise Industries Tool Room Engineer Salary 2 - 9 years exp. (6 salaries)	₹2 L/yr - ₹6.5 L/yr 1% less
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 8 years exp. (6 salaries)	₹2 L/yr - ₹4.2 L/yr 3% less
Bharat Forge Tool Room Engineer Salary 1 - 10 years exp. (5 salaries)	₹1.6 L/yr - ₹6.5 L/yr 8% less
Subros Tool Room Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹5 L/yr 12% less
Lumax Industries Tool Room Engineer Salary 8 - 9 years exp. (3 salaries)	₹3.4 L/yr - ₹4.3 L/yr 1% more
Schaeffler India Tool Room Engineer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4.4 L/yr 16% less
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Faurecia Tool Room Engineer Salary 4 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹4.5 L/yr 18% more

Tool Room Engineer salary at Varroc Group ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Varroc Group.

Experience wise Varroc Group Tool Room Engineer salaries in Pune

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹3 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Varroc Group

Quality Engineer Salary

(115 salaries)

₹1.4 L/yr - ₹6.8 L/yr

Senior Engineer Salary

(79 salaries)

₹3 L/yr - ₹9.45 L/yr

Assistant Engineer Salary

(10 salaries)

₹2 L/yr - ₹2.8 L/yr

Junior Engineer Salary

(6 salaries)

₹1.56 L/yr - ₹3.7 L/yr

Tool Room Incharge Salary

(3 salaries)

₹6.54 L/yr - ₹7.9 L/yr

Top skills at Varroc Group for Tool Room Engineer

Tool Room Tool Manufacturing Cost Reduction Raw Material AutoCAD Monitoring Training Tool Maintenance Inward Inspection Manufacturing Die Making Press Tools Machine Shop Production Inventory

Salary related reviews for Varroc Group

3.7

Rated by 2 employees for salary & benefits

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

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

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 Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Varroc Group in Pune?

The average salary of a Tool Room Engineer at Varroc Group in Pune typically ranges from ₹3.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Tool Room Engineer in Pune at Varroc Group earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Tool Room 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 Room Engineer at Varroc Group in Pune?

The estimated take-home salary of a Tool Room Engineer at Varroc Group in Pune typically ranges from ₹27,529 to ₹28,930 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 6 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.

What are the key skills required to be a Tool Room Engineer at Varroc Group in Pune?

To be a Tool Room Engineer at Varroc Group in Pune, the key skills required include:

- Tool Room
- Tool Manufacturing
- Cost Reduction
- Raw Material
- AutoCAD

These skills are highly valued at Varroc Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Varroc Group for Tool Room Engineer in India?

Magna International	₹4.1 Lakhs to ₹6.5 Lakhs per year
Faurecia	₹4.3 Lakhs to ₹4.5 Lakhs per year
Lumax Industries	₹3.4 Lakhs to ₹4.3 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 Room Engineer in companies similar to Varroc Group in Pune?

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

Belrise Industries	₹2.0 Lakhs to ₹6.5 Lakhs per year
Endurance Technologies	₹2.0 Lakhs to ₹3.8 Lakhs per year
Motherson Automotive Technologies and Engineering	₹2.0 Lakhs to ₹4.2 Lakhs per year
Bharat Forge	₹1.6 Lakhs to ₹6.5 Lakhs per year
Spark Minda	₹2.0 Lakhs to ₹4.2 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 Room Engineer at Varroc Group in Pune?

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

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Varroc Group Tool Room Engineer Salaries in Pune

Varroc Group Tool Room Engineer salary in Pune ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Varroc Group latest salaries received from various employees of Varroc Group.