Indian Oil Corporation Manager new Product Development salaries in Panipat

Likes

...ace to Work Pioneer in Petroleum Sector in India with very solid infrastructure. HR culture is excellent with job security and handsome salary. Lot of emphasis on Learning and Development as company spends handsome amount on this aspect.

Dislikes

I want to say bad things because only 1 year of being a trainee does not make it permanent

Likes

...d chance to improved my skills and to study more about the advanced instruments. Salary scale is not for save. I get to travel especially other states such as Delhi. Our project to maintain and to install new advanced calibration equipment premji plant in iocl panipat and other plus points. How to improve my work efficiency and also get agood calibration engineer minds and as well as to keep safety for doing work

Dislikes

Its a sub contract work. work will be completed successfully. And return back. I completed my job faithful. And I thanks to god

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

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

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

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).

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.