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Indian Oil Corporation Apprentice Trainee salaries in Mumbai

Annual salary range
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₹1.3 Lakh - ₹2.2 Lakhs
Salary of majority employees
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10% less than the average Apprentice Trainee Salary in Oil & Gas Companies for 1 year of experience

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Last Updated: 5 Dec 2023

Companies similar to Indian Oil Corporation for Apprentice Trainee in Mumbai

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Indian Oil Corporation Apprentice Trainee Salary

1 year exp. (4 salaries)

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₹1.3 L/yr - ₹2.2 L/yr

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Bharat Petroleum Apprentice Trainee Salary

0 - 1 year exp. (22 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 73% more
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 60% more
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₹2.2 L/yr - ₹3 L/yr

arrow icon 71% more
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Cipla Apprentice Trainee Salary

0 - 1 year exp. (6 salaries)

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₹1.3 L/yr - ₹2.1 L/yr

arrow icon 5% more
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₹0.8 L/yr - ₹2.6 L/yr

arrow icon 24% less
Apprentice Trainee salary at Indian Oil Corporation ranges between ₹1.3 Lakh to ₹2.2 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Indian Oil Corporation.

Latest annual salaries shared by Indian Oil Corporation Apprentice Trainee in Mumbai

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1 year exp.
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Experience wise Indian Oil Corporation Apprentice Trainee salaries in Mumbai

Last Updated: 5 Dec 2023

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1.3 L/yr - ₹2.2 L/yr

Similar Designation salaries in Indian Oil Corporation

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₹2.05 L/yr - ₹7.63 L/yr
Apprentice Salary
(6 salaries)
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₹1.2 L/yr - ₹2.3 L/yr
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₹1.32 L/yr - ₹1.8 L/yr
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₹1.25 L/yr - ₹1.39 L/yr

Salary related reviews for Indian Oil Corporation

5.0

Rated by 2 employees for salary & benefits

IOCL LPG BOTTLING PLANT Department

5.0
  •  posted on 26 Apr 2022

5.0
 for  Salary and Benefits

Likes

GOOD WORK ENVIROMENT AND CULTURE.TEAMMATES ARE SUPPORTIVE AND THE MANAGEMENT IS TRANSPARENT.

Dislikes

THERE IS A LOT OF POLITICS AND THE MANAGEMENT DOESNOT ADDRESS OUR ISSUES. SALARY IS DECANT BUT CAREER GROWTH IS SLOW.THERE IS A BOND OF 2 YEARS BEFORE WHICH YOU CANNOT RESIGN.ON THE JOB TRAINING IS NOT GIVEN TO NEW JOINEES.

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Full Time

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Production, Manufacturing & Engineering Department

3.0
  •  posted on 20 Aug 2024

4.0
 for  Salary and Benefits

Likes

Good salary for freshers Great allowances for furniture, mobile and laptops Superb Medical benefits Job security is best in the industry Diverse working exposure in refineries Townships for employees

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Dislikes

Remote/ Hardship working locations for refineries Poor work life balance for refineries Hard collar job Career growth is subject to satisfaction of bosses Heavy work loads in few large refineries

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Full Time

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BFSI, Investments & Trading Department

4.0
  •  posted on 20 Oct 2023

4.0
 for  Salary and Benefits

Likes

How satisfied are employees working at Indian Oil? 78% of Indian Oil employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Indian Oil 3.6 out of 5 for work life balance, 3.8 for culture and values and 3.7 for career

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Dislikes

...ow talented and hard-working you are, promotions happen in fixed time intervals. Growth of compensation is limited to 3% annually (with an additional 3% in the year you get promoted).

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Full Time

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Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

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Dislikes

The pay discrimination. Since its a PSU, one of the biggest disadvantages is that you are not paid according to your Qualification and contribution rather it is much based on how long have you been in the company. The organization has been filled with enough examples where an IITian, CAs, MBA professionals who are much important to organization because of their skills are being paid less than an old age employees who might be just doing basic work like passing of medical invoices, being PAs to senior management, employee reimbursement review etc. They work does not contribute either to the growth or profitability of the organization however there CTC 3-4 times higher than that of Qualified personnel working in the same company. Further, very limited personnel from the top management are actually concerned about the health of the organization but mostly are just there to complete their tenure which makes the organization extremely slow and difficult for young professionals to work with full efficiency.

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Full Time

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Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

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Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

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Indian Oil Corporation Apprentice Trainee Salary FAQs

What is the salary of Apprentice Trainee at Indian Oil Corporation Mumbai?
Apprentice Trainee salary at Indian Oil Corporation in Mumbai ranges between ₹1.3 Lakhs to ₹2.2 Lakhs for 1 year of experience. According to our estimates it is 10% less than the average Apprentice Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Oil Corporation Mumbai.
How does the salary of a Apprentice Trainee at Indian Oil Corporation Mumbai compare with the average salary range for this job?
The average salary of a Apprentice Trainee at Indian Oil Corporation is 10% less than the average salary of a Apprentice Trainee in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Oil Corporation to a Apprentice Trainee in Mumbai?
  • Bharat Petroleum Apprentice Trainee Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
  • Bharat Petroleum Mumbai Refinery Apprentice Trainee Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
  • Hindustan Petroleum Apprentice Trainee Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • Cipla Apprentice Trainee Salary - ₹1.3 Lakhs to ₹2.1 Lakhs per year
What is the salary of a Apprentice Trainee in companies similar to Indian Oil Corporation in Mumbai?
  • Rashtriya Chemicals and Fertilizers Apprentice Trainee Salary - ₹0.8 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Apprentice Trainee at Indian Oil Corporation in Mumbai?
The estimated take-home salary of a Apprentice Trainee at Indian Oil Corporation ranges between ₹11,314 per month to ₹12,563 per month in Mumbai. The take-home salary calculation is based on the average Indian Oil Corporation Apprentice Trainee salary in India which ranges between ₹1.3 Lakhs to ₹2.2 Lakhs per year for employees with 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Apprentice Trainee at Indian Oil Corporation in Mumbai?
According to AmbitionBox, 100% of the Indian Oil Corporation Apprentice Trainees in Mumbai reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Indian Oil Corporation Apprentice Trainee salary in Mumbai ranges between ₹1.3 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.