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Indian Oil Corporation Production, Manufacturing & Engineering Department Salaries in Panipat

based on 148 latest salaries
Designation Avg Annual Salary Open Jobs
2 - 12 years exp. · Panipat (6 salaries)
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₹15 L/yr - ₹17 L/yr

2 - 13 years exp. · Panipat (6 salaries)
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₹5 L/yr - ₹10 L/yr

8 - 11 years exp. · Panipat (5 salaries)
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₹18 L/yr - ₹32 L/yr

3 - 12 years exp. · Panipat (5 salaries)
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₹4.2 L/yr - ₹12 L/yr

Starting your career? Discover Indian Oil Corporation fresher salaries in India
7 - 12 years exp. · Panipat (4 salaries)
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₹8 L/yr - ₹12.3 L/yr

1 - 8 years exp. · Panipat (4 salaries)
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₹1.8 L/yr - ₹5.5 L/yr

0 - 1 year exp. · Panipat (3 salaries)
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₹1.4 L/yr - ₹1.5 L/yr

6 - 8 years exp. · Panipat (3 salaries)
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₹6 L/yr - ₹7 L/yr

4 - 8 years exp. · Panipat (3 salaries)
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₹10 L/yr - ₹14.6 L/yr

1 - 2 years exp. · Panipat (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

6 - 7 years exp. · Panipat (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

1 - 7 years exp. · Panipat (AmbitionBox Estimate)
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₹1.7 L/yr - ₹4.4 L/yr

6 - 7 years exp. · Panipat (AmbitionBox Estimate)
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₹20.1 L/yr - ₹21 L/yr

9 - 11 years exp. · Panipat (AmbitionBox Estimate)
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₹24 L/yr - ₹25.2 L/yr

14 - 18 years exp. · Panipat (AmbitionBox Estimate)
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₹35 L/yr - ₹50 L/yr

1 year exp. · Panipat (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.8 L/yr

1 year exp. · Panipat (AmbitionBox Estimate)
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₹1.3 L/yr - ₹2.6 L/yr

28 - 31 years exp. · Panipat (AmbitionBox Estimate)
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₹40 L/yr - ₹93 L/yr

9 - 12 years exp. · Panipat (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

2 - 3 years exp. · Panipat (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr

Last Updated: 18 Dec, 2024

Salary related reviews for Indian Oil Corporation

3.9

Rated by 94 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 22 Apr 2020

4.0
 for  Salary and Benefits

Likes

...coming worse due to poor ePMS rating system. Job security is another good thing. Compensation and benefits are also good.

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Dislikes

I don't like the culture at IOC. There is little appreciation on efforts. There is no transparency in ePMS rating system. It is the one thing that undermines talent of loyal employees. Any type of reservation in promotion should be abolished. Bosses/ management actions are immature/ indecisive and unable to set right example for the future generation. There are very few visionaries in top management and organization is mostly top driven. It is affecting operability, profits and margins.

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Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 22 Feb 2023

3.0
 for  Salary and Benefits

Likes

Being a government company, it gives good salary and provides good additional benefits on top of salary. Specially the kind of unlimited medical cover is something you would not get in private sector.

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Dislikes

Workplace is full of toxic seniors. Lot of talented people join IOCL but the system they have does not use the best of them. Work culture is not supportive and people are majorly involved in petty politics. Rarely people get chance to do quality work there.

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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

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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

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 27 May 2021

5.0
 for  Salary and Benefits

Likes

Excellent Compensation& benefits, Job security & work life balance.

Dislikes

Training opportunity is not proper because some people who are not required in urgent & hard works are nominated many times for training . There is no proper evaluation system in promotion with respect to performance & people who just please to top management get advantage .

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Production, Manufacturing & Engineering Department

4.0
  •  posted on 05 Aug 2021

2.0
 for  Salary and Benefits

Likes

Good work environment and culture. Copany police are good. Management also transportation

Dislikes

There is a lot of politics and management doesn't address our issues salary is decent but career growth is slow on the job training not given to new joinees

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Indian Oil Corporation Salary FAQs

How much does Indian Oil Corporation pay per year?
The average Indian Oil Corporation salary ranges from approximately ₹0.1 Lakh to ₹2.2 Lakhs per year for a Office Boy and ₹50 Lakhs to ₹1 Crore per year for a Executive Director. Salary estimates are based on 148 Indian Oil Corporation salaries received from various employees of Indian Oil Corporation. Indian Oil Corporation employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Indian Oil Corporation?
The highest-paying job at Indian Oil Corporation is a Executive Director with a salary of ₹50 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹25 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.
What is the minimum salary in Indian Oil Corporation?
Minimum salary at Indian Oil Corporation depends on the role you are applying for. For Technician Apprentice the minimum salary is ₹1.2 Lakh to ₹2.1 Lakhs per year, and for Apprenticeship Trainee the minimum salary is ₹1 Lakh to ₹3.3 Lakhs per year and so on.
What is the salary package for freshers in Indian Oil Corporation?
The average salary at Indian Oil Corporation for freshers varies from ₹1.1 Lakh to ₹1.9 Lakh per year for Apprenticeship Trainee and ₹18 Lakhs to ₹19.5 Lakhs per year for Senior Medical Officer.
What is the notice period at Indian Oil Corporation in Production, Manufacturing & Engineering Department in Panipat?
According to AmbitionBox, 51% of the Indian Oil Corporation employees in Production, Manufacturing & Engineering Department in Panipat reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 90 responses on AmbitionBox in last 2 years.

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Average annual salary in Production, Manufacturing & Engineering department at Indian Oil Corporation , Panipat is INRunlock blur . Salary estimates are based on 148 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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