Indian Oil Corporation Senior Executive - Finance salaries in India

Likes

...form where one can grow his knowledge. As per my view, if anybody wants to join. In IOCL as OFFICER than he will be a great person as their facilities and salary package are so far better than others.

Dislikes

It's canteen's food is no so good. And company quarter problem is always going on.

Likes

As a R/o sales worker and manager I got a lot about innovation sales and marketing idias about to develop business . But there is no job security, no carrier and very low salary and not any respect by any one as a salesman.

Dislikes

... they work hard day nd night and the major part of benifit owner is the company. Even govt swallow a large amount earned by the business but does not pay any single rupee on the salesman everyone is dishonest towards them and fully exploiter to the poor pump attendants. Everyone need to pay attention towards them.

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.