Indian Oil Corporation Petroleum Engineer Trainee salaries in Mathura
Annual salary range
Select experience
₹1.7
Lakh - ₹2.1
Lakhs
LowConfidence
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
Login to view
detailed salary insights
Average annual salary for most employees
Salary comparison with similar companies
Estimated monthly take-home salary
Interested in this particular role?
Last Updated:
21 Oct 2024
Petroleum Engineer Trainee salary at Indian Oil Corporation ranges between ₹1.7
Lakh
to ₹2.1
Lakhs
per year for employees with less than 1 year of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Indian Oil Corporation.
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
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
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
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
...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).
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.
Indian Oil Corporation Petroleum Engineer Trainee Salary FAQs
What is the notice period for Petroleum Engineer Trainee at Indian Oil Corporation in Mathura?
According to AmbitionBox, 100% of the Indian Oil Corporation Petroleum Engineer Trainees in Mathura reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.
Indian Oil Corporation Petroleum Engineer Trainee Salaries in Mathura
Indian Oil Corporation Petroleum Engineer Trainee salary in
Mathura
ranges between ₹1.7
Lakh to ₹2.1
Lakhs. This is an estimate based on
latest salaries received from employees of Indian Oil Corporation.