The IOCL Salary has been presented here for various positions like engineer/ officer/ apprentice/ JEA after the effect of 7th CPC. IOCL is one of the largest undertakings which belongs to the Indian government and contribute large part for the economic development of the nation.
Employees will get good pays scale along with exiting perks and benefits. We have presented the proper IOCL salary structure below for different job profiles after the implementation of 7th pay commission.
The Indian oil corporation ltd has stated some specific pay criteria for different job profiles as given below. Have a glance at the beneath section of this page created by team of www.recruitmentinboxx.com for attaining more details about IOCL salary.
IOCL Officer salary
The employees employed as an Assistant Officers, Quality Control Officers, Fire & Safety Officers, Medical Officers, Human Resource Officers, Assistant Hindi Officers and Mid-level Engineer will be paid Rs 10 lakh per annum as per the pre-revised pay scale. Along with this, some additional non monetary incentives will also be given to the officers.
IOCL engineer salary
|Average salary packages of IT professionals working for Indian Oil|
|Particulars||Annual Average Salary|
|Engineer||Rs. 7.5 Lakh – Rs. 9.5 Lakh|
|Production Engineer||Rs. 8.1 Lakh – Rs. 10 Lakh|
|Mechanical Engineer||Rs. 6.5 Lakh – Rs. 10 Lakh|
|Operations & Maintenance Engineer||Rs. 8.2 Lakh – Rs. 11 Lakh|
|Senior Process Engineer||Rs. 6 Lakh – Rs. 9.5 Lakh|
|Electrical Engineer||Rs. 3.5 Lakh – Rs. 5 Lakh|
IOCL JEA salary scale
The employees working as junior engineer assistant job profile will be given a good pay scale form Rs.11,900 – 32,000/- p.m. not only this, some other perks and incentives will also be accessible to them.
IOCL Apprentice Salary
The employees working as an apprentice job profile in Indian Oil Corporation limited will be given a stipend amount equal to a prescribed percentage of the minimum wage applicable in the state of Haryana as per the latest Apprentices Act. Refinery will pay Rs. 2500/- per month to any apprentice for stationery, conveyance and miscellaneous expenses etc in addition to the stipend amount.
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IOCL Salary Package For Other Departments
|Average salary packages of Operations and other Department|
|Particulars||Average Annual Salary|
|Operations Officer||Rs. 7 Lakh – Rs. 11 Lakh|
|Officers Grade A||Rs. 5 lakh – Rs. 9 Lakh|
|Deputy Manager||Rs. 6 Lakh – Rs. 25 Lakh|
|Assistant Manager||Rs. 8 Lakh – 10 Lakh|
IOCL Allowance & Perks
IOCL Employees are also provided various allowances and perks.
- Dearness Allowance: The dearness allowances will be paid as a percentage of their basic pay in accordance to All India Consumer Price Index (AICPI). The DA is revised quarterly and its current rate is 121% of basic pay.
- House Rent Allowance: Along with Indian oil corporation ltd pay, employees will also be given HRA, which depends largely on the place of their posting. For the purpose of this allowance IOCL has categorized Indian cities in three categories, namely X, Y and Z. The distribution of HRA in these cities is as follows
- Shift Allowance: There is a benefit of shift allowances also for the employees who are working in retaining shifts.
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IOCL Salary Slip:
The salary given to IOCL employees will comprise of basic pay and other exciting benefits related to the performance of worker, superannuation benefits etc.
The training provides to the employees working in Indian oil corporation limited will be given medical facilities also form the refinery hospital.
Leave & Holidays:
As per the new rules laid down by the corporation, the employees will get the causal leave and restricted holidays. And in Every quarter, Apprentices will be allowed a maximum of 8 days leave.
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