ONGC AEE Salary in Hand, Allowances & Structure, ONGC AEE Job Description
ONGC AEE Salary in Hand: Oil and natural gas Corporation (ONGC) is a Maharatna Public Sector enterprise (PSU) international oil and gas company beneath the govt. of India. The Oil & Gas PSU established within the year 1956. The corporate has its apex office within the Vasant Kunj Delhi. It CPSE have 33,560 range of staff on the permanent payroll, it’s the leading Oil and Gas production company of Republic of India.
The corporation preponderantly deals in product like petroleum, Gas, Liquefied crude oil Gas (LPG), Naphtha, C2-C3 and Superior hydrocarbon Oil (SKO). Within the year 2018, the corporate engendered a revenue of ₹85,004 crore with a profit of ₹19,945 crore. In 2015, the corporate was enumerated within the prestigious Fortune global 500 with a rank of 449.
ONGC AEE Job Description & Benefits:
Now allow us to discuss the work nature of Graduate Trainees within the company. Graduate Trainees (GET) is that the primary designation that a Graduate Engineers get in any corporation. At first, they endure vigorous coaching for six to twelve months. Throughout this era, they’re positioned in several departments to fathom the character and procedure of the work the corporate will and gain expertise. When the coaching, the Graduate Trainees are assessed grounded on their performance throughout the coaching amount then is promoted. Their designation vicissitudes from Graduate Engineers to worker of the corporate.
Other advantages & ONGC AEE salary in hand:
Apart from basic pay, Perks & Allowance, it provides many different advantages to their staff such as:
Car Conveyance (₹10,000/- per month)
Medical advantages for self and family
Contributory Provident Fund
Post-retirement pension theme
Composite Social Security theme
ONGC AEE Salary in Hand:
The Trainees can receive a basic pay of ₹60,000/- below the International Development Association pay scale of ₹60,000 to ₹1,80,000/- with an increment of three every single year.
Here is that the Gross pay break up for the fresh recruited Assistant executive Engineers at (ONGC) Oil and natural gas Corporation.
|ONGC Assistant Executive Engineer Salary|
|Salary Component||Salary Amount|
|Pay Scale||60,000 – 1,80,000|
|Initial Basic Pay||60,000|
|EPF+ DA + Perk + PRP||54,480|
|Minimum Monthly Gross Salary in Rs||1,14,480|
Salary Perks & Allowances:
The trainee can enjoy the perks and allowances given below in the table:
|ONGC HRA Rates from 27.10.2017|
|City Class||Revised HRA Rate|
|X – Class||24% of Basic Pay|
|Y – Class||16% of Basic Pay|
|Z – Class||8% of Basic Pay|
Revised Salary of ONGC Engineers, Employee & Officers After 3rd PRC:
As ONGC is a high acting Government Enterprises in India, thus operating during this PSU give huge chance to grow yourself within the OIL and GAS sector.
It has CPSU cadre hierarchy for the executives that ensures time certain practical promotions for the young engineer. Usually, freshly recruited Graduates get promotion chance after three years of standard service. The below table represents the revised pay scale, post name associated the corresponding grade of an government.
The below given salary are applied from 1st Jan 2017 in ONGC. The differences between Post grade, old pay scale and latest pay scale are given in the table.
|ONGC 3rd PRC Revised Pay Scales|
|Name of Post||Post-Grade||Old Salary||Revised Salary|
|ONGC Assistant Engineer Salary||E0||20,600 to 46,500||50,000 to 1,60,000|
|ONGC Assistant Executive Engineer Salary||E1||24,900 to 50,500||60,000 to 1,80,000|
|ONGC Executive Engineer Salary||E2||29,100 to 54,500||70,000 to 2,00,000|
|ONGC Deputy Manager Salary||E3||32,900 to 58,000||80,000 to 2,20,000|
|ONGC Manager Salary||E4||36,600 to 62,000||90,000 to 2,40,000|
|ONGC Salary||E5||43,200 to 66,000||1,00,000 to 2,60,000|
|ONGC Deputy General Manager Salary||E6||51,300 to 73,000||1,20,000 to 2,80,000|
|ONGC General Manager Salary||E7|
|ONGC Group General Manager Salary||E8|
|ONGC Executive Director Salary||E9||62,000 to 80,000||1,50,000 to 3,00,000|
|ONGC Director Salary||75,000 to 1,00,000||1,80,000 to 3,40,000|
|ONGC CMD Salary||80,000 to 1,25,000||2,00,000 to 3,70,000|