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Indian Oil Corporation Salaries in Panipat

based on 343 latest salaries
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Production, Manufacturing & Engineering Quality Assurance Construction & Site Engineering Environment Health & Safety + 6 more
Designation Avg Annual Salary Open Jobs
9 years exp. · Panipat (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.3 L/yr

9 years exp. · Panipat (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

1 year exp. · Panipat (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

6 years exp. · Panipat (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

5 years exp. · Panipat (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

7 years exp. · Panipat (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

Fresher · Panipat (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

11 years exp. · Panipat (AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr

9 years exp. · Panipat (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.6 L/yr

15 years exp. · Panipat (AmbitionBox Estimate)
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₹29.7 L/yr - ₹37.9 L/yr

3 years exp. · Panipat (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

30 years exp. · Panipat (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

8 years exp. · Panipat (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

3 years exp. · Panipat (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

12 years exp. · Panipat (AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.2 L/yr

6 years exp. · Panipat (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

7 years exp. · Panipat (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

1 year exp. · Panipat (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

3 years exp. · Panipat (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

2 years exp. · Panipat (AmbitionBox Estimate)
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₹23.2 L/yr - ₹29.7 L/yr

Last Updated: 22 Dec, 2024

Salary related reviews for Indian Oil Corporation

4.3

Rated by 222 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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Human Resources Department

5.0
  •  posted on 20 May 2019

4.0
 for  Salary and Benefits

Likes

All team members are very supportive. Salary credit in your account between 7 to 10 and time to time increased by the govt. Circullar. I learn many new things here and also a good environment here to work

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Dislikes

Not a career objective job.

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

 · 

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

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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).

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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 343 Indian Oil Corporation salaries received from various employees of Indian Oil Corporation. Indian Oil Corporation employees rate the overall salary and benefits package 4.3/5 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 ₹0.5 Lakh to ₹1.4 Lakh per year for Graduate Apprentice and ₹18 Lakhs to ₹19.5 Lakhs per year for Senior Medical Officer.
What is the notice period at Indian Oil Corporation in Panipat?
According to AmbitionBox, 48% of the Indian Oil Corporation employees 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 226 responses on AmbitionBox in last 2 years.

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Average annual salary in Indian Oil Corporation , Panipat is INRunlock blur . Salary estimates are based on 343 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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