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Indian Oil Corporation Management Trainee salaries in India

Annual salary range
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₹12 Lakhs - ₹18 Lakhs
Salary of majority employees
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108% more than the average Management Trainee Salary in Oil & Gas Companies for Fresher

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Last Updated: 31 Aug 2024

Companies similar to Indian Oil Corporation for Management Trainee

Company name Avg Annual Salary Open Jobs
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₹14 L/yr - ₹16.6 L/yr

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Bharat Petroleum Management Trainee Salary

0 - 1 year exp. (83 salaries)

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₹16 L/yr - ₹22 L/yr

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Reliance Industries Management Trainee Salary

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TCS Management Trainee Salary

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₹4.4 L/yr - ₹15.4 L/yr

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Aditya Birla Group Management Trainee Salary

0 - 3 years exp. (82 salaries)

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₹11.8 L/yr - ₹25.9 L/yr

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Mahindra & Mahindra Management Trainee Salary

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₹6 L/yr - ₹17.5 L/yr

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Infosys Management Trainee Salary

0 - 4 years exp. (23 salaries)

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₹5 L/yr - ₹14.3 L/yr

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Wipro Management Trainee Salary

0 - 3 years exp. (233 salaries)

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1 job opening
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HCLTech Management Trainee Salary

0 - 2 years exp. (305 salaries)

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₹3 L/yr - ₹10 L/yr

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Tech Mahindra Management Trainee Salary

0 - 3 years exp. (96 salaries)

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₹3.8 L/yr - ₹10 L/yr

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₹11 L/yr - ₹24 L/yr

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GAIL Management Trainee Salary

Fresher (7 salaries)

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₹13 L/yr - ₹19.5 L/yr

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ExxonMobil Management Trainee Salary

0 - 4 years exp. (3 salaries)

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₹11.4 L/yr - ₹14 L/yr

arrow icon 18% less
Management Trainee salary at Indian Oil Corporation ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 19 latest salaries received from various employees of Indian Oil Corporation.

Experience wise Indian Oil Corporation Management Trainee salaries

Last Updated: 31 Aug 2024

Experience Avg Annual Salary
Fresher  (19 salaries)

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₹12 L/yr - ₹18 L/yr

Similar Designation salaries in Indian Oil Corporation

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₹8.06 L/yr - ₹8.27 L/yr
Accountant Salary
(104 salaries)
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₹1 L/yr - ₹4.8 L/yr
Team Lead Salary
(3 salaries)
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₹2.88 L/yr - ₹8 L/yr
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₹2.9 L/yr - ₹17 L/yr
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₹9.15 L/yr - ₹24 L/yr
Analyst Salary
(3 salaries)
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₹4.2 L/yr - ₹20 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Deputy Manager Salary
(4 salaries)
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₹14 L/yr - ₹28 L/yr

Salary related reviews for Indian Oil Corporation

4.3

Rated by 8 employees for salary & benefits

Full Time

 · 

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

read more

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

read more

Full Time

 · 

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

read more

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).

read more

Full Time

 · 

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

 · 

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.

read more

Dislikes

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

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 09 Sep 2023

4.0
 for  Salary and Benefits

Likes

Job Security and decent salary. Extensive job profiles within the company to suit for everyone's needs. Some profiles are exhausting while some are chill.

read more

Dislikes

Work life balance is pathetic in sales and marketing division.

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Indian Oil Corporation Management Trainee Salary FAQs

What is the salary of Management Trainee at Indian Oil Corporation?
Management Trainee salary at Indian Oil Corporation in India ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for less than 1 year of experience. According to our estimates it is 108% more than the average Management Trainee Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Indian Oil Corporation India.
How does the salary of a Management Trainee at Indian Oil Corporation India compare with the average salary range for this job?
The average salary of a Management Trainee at Indian Oil Corporation is 108% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Oil Corporation to a Management Trainee in India?
  • Bharat Petroleum Management Trainee Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
  • Reliance Industries Management Trainee Salary - ₹9.0 Lakhs to ₹30.0 Lakhs per year
  • Oil And Natural Gas Corporation Management Trainee Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
  • GAIL Management Trainee Salary - ₹13.0 Lakhs to ₹19.5 Lakhs per year
  • Hindustan Petroleum Management Trainee Salary - ₹14.0 Lakhs to ₹16.6 Lakhs per year
What is the salary of a Management Trainee in companies similar to Indian Oil Corporation in India?
  • Aditya Birla Group Management Trainee Salary - ₹11.8 Lakhs to ₹25.9 Lakhs per year
  • Mahindra & Mahindra Management Trainee Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
  • ExxonMobil Management Trainee Salary - ₹11.4 Lakhs to ₹14.0 Lakhs per year
  • Infosys Management Trainee Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
  • Larsen & Toubro Limited Management Trainee Salary - ₹4.4 Lakhs to ₹15.4 Lakhs per year
What is the estimated take home salary of a Management Trainee at Indian Oil Corporation in India?
The estimated take-home salary of a Management Trainee at Indian Oil Corporation ranges between ₹1,06,679 per month to ₹1,09,616 per month in India. The take-home salary calculation is based on the average Indian Oil Corporation Management Trainee salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Trainee at Indian Oil Corporation?
According to AmbitionBox, 100% of the Indian Oil Corporation Management Trainees reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Oil Corporation Management Trainee salary in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.