Indian Oil Corporation Mumbai Engineer Salaries by 3 Employees (Updated 2024)

0 - 3 years exp.

₹1.6 Lakh - ₹5 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Engineer Salary in Oil & Gas Companies for 0 - 3 years of experience

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Last Updated: 2 Nov 2024

Companies similar to Indian Oil Corporation for Engineer in Mumbai

Indian Oil Corporation Engineer Salary

0 - 3 years exp. (3 salaries)

₹1.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindustan Petroleum Engineer Salary 0 - 4 years exp. (5 salaries)	₹3 L/yr - ₹9 L/yr 49% more
Reliance Industries Engineer Salary 1 - 11 years exp. (21 salaries)	₹1.9 L/yr - ₹10.3 L/yr 48% more
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TCS Engineer Salary 0 - 9 years exp. (140 salaries)	₹1.9 L/yr - ₹8.9 L/yr 39% more
Larsen & Toubro Limited Engineer Salary 0 - 9 years exp. (64 salaries)	₹2 L/yr - ₹11 L/yr 60% more	1 job opening
Wipro Engineer Salary 1 - 7 years exp. (13 salaries)	₹2 L/yr - ₹8.1 L/yr 57% more	2 job openings
Infosys Engineer Salary 1 - 6 years exp. (9 salaries)	₹3.9 L/yr - ₹11.6 L/yr 79% more	5 job openings

Engineer salary at Indian Oil Corporation ranges between ₹1.6 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Engineer salaries in Mumbai

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.8 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr

Similar Designation salaries in Indian Oil Corporation

Trainee Salary

(10 salaries)

₹1.3 L/yr - ₹4.2 L/yr

Salary related reviews for Indian Oil Corporation

Mechanical Engineer in Vadodara

Other Department

5.0

• posted on 19 Jun 2021

5.0

for Salary and Benefits

Likes

Being a part of IOCL its been pleasure and been proud of it... it's really jubilant moment to be a team part of it

Dislikes

On other side salary is a big issue...like its not affordable....not even basic mandatory cost it can be completed

Maintenance Engineer in Vadodara

Production, Manufacturing & Engineering Department

3.0

• posted on 13 Jun 2020

2.0

for Salary and Benefits

Likes

...nvironment but sometimes work is for important than life this type of situation in this company and also salary is not equal to the work thats my point and there is no security or social distance towards covid 19

Dislikes

There is no perfect time for in or out.

Technician in Haryana

Other Department

4.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

supporting for rashan, supporting for time to salary, not forcing for doing work compulsary..if I have no knowledge that work all staff help us.

Dislikes

increasing salary for labours or technical private staff

Technician

Other Department

2.0

• posted on 31 Oct 2019

3.0

for Salary and Benefits

Likes

In IOCL all staff behavior is well. By a engg learn many kind of technical issue such as fault. For permanent employee secure his future...am also want to persuing job in IOCL for permanent employee

Dislikes

Dislike in IOCL is doing by contractor job his employee not happy because not pay by contractor time to time payment...all technician, engg., labour's work through contractor is want to help plz they say about his sic for punish his contractor ..... Plz

Technician

Construction & Site Engineering Department

5.0

• posted on 17 Dec 2019

5.0

for Salary and Benefits

Likes

I hanve a great experience for IOCL

Dislikes

Compensation is decent,but no growth for Apprentice.No work pressure but to learn about machines operation and maintenance.We work only 8 hours in which 1 our was for lunch.We reported to our safety officer.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Indian Oil Corporation Engineer Salaries in Mumbai

Indian Oil Corporation Engineer salary in Mumbai ranges between ₹1.6 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

Indian Oil Corporation Engineer salaries in Mumbai

Companies similar to Indian Oil Corporation for Engineer in Mumbai

Latest annual salaries shared by Indian Oil Corporation Engineer in Mumbai

Experience wise Indian Oil Corporation Engineer salaries in Mumbai

Similar Designation salaries in Indian Oil Corporation

Salary related reviews for Indian Oil Corporation

Mechanical Engineer in Vadodara

Maintenance Engineer in Vadodara

Technician in Haryana

Technician

Technician

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