Indian Oil Corporation Finance & Accounting Department Salaries in Bangalore / Bengaluru

Likes

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

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.

Likes

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

Dislikes

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

Likes

Job timing, work place was good and also Work was good.

Dislikes

There was my salary Rs.6000 through 5 years in finance department , I was working as finance assistant, worst experience in IOCL. not any increment, not any kind of benifits. Worst

Likes

...form where one can grow his knowledge. As per my view, if anybody wants to join. In IOCL as OFFICER than he will be a great person as their facilities and salary package are so far better than others.

Dislikes

It's canteen's food is no so good. And company quarter problem is always going on.

Likes

Job satisfaction, Career growth, learning opportunities, good work culture, job security, good salary, excellent perquisites, unparalleled medical benefits continuing post retirement

Dislikes

Transferable job, efforts sometimes not rewarded