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Indian Oil Corporation Salaries in Tirupati

based on 3 latest salaries
Designation Avg Annual Salary Open Jobs
1 year exp. · Tirupati (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

5 years exp. · Tirupati (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

31 years exp. · Tirupati (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr

Last Updated: 28 Feb, 2024

Salary related reviews for Indian Oil Corporation

4.5

Rated by 5 employees for salary & benefits

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

read more
  • Salary - Good
  • +1 more

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

read more
  • Work-life balance - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2023

4.0
 for  Salary and Benefits

Likes

...ork culture is not much stressed and employees can have a very comfortable life. The pay offered here is good and decent.

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  • Salary - Good
  • +2 more

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.

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  • Skill development - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2023

5.0
 for  Salary and Benefits

Likes

...osphere may be different. But overall its a very good organisation to work with.job security, salary and benefits.

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  • Salary - Excellent
  • +5 more

Dislikes

Transfer policy is an issue. But it can be worked around if you take 2 to 3 transfer in 30 years.

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 09 Sep 2023

4.0
 for  Salary and Benefits

Likes

Job Security and decent salary. Extensive job profiles within the company to suit for everyone's needs. Some profiles are exhausting while some are chill.

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  • Salary - Good
  • +1 more

Dislikes

Work life balance is pathetic in sales and marketing division.

  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Mar 2023

4.0
 for  Salary and Benefits

Likes

Only Salary & Perks

  • Salary - Good
  • +1 more

Dislikes

Everything other than salaries are worst as per my experience. Work culture is terrible with bad office politics, behavior of boss is pathetic treating young joiner worst than the servants putting up a huge pressure all the time , insulting and scolding almost everyday in the office in front of stuff and workers giving threats of taking disciplinary actions even though I could hardly remember any day I got back from office working after 8 hours. Overall everyday they have created an atmosphere of terror in the office. I feel like exploited in the office politics everyday. I had to work 101to 12 hours from Monday to Saturday or in some week got called in Sunday also.HR are very deceptive all the time speaking in a tone that they will stand by you but at the end they will stab you from behind. Very bad experience.

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  • Skill development - Bad
  • +3 more
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Indian Oil Corporation Salary FAQs

How much does Indian Oil Corporation pay to its employees?
The average annual salary at Indian Oil Corporation varies depending on the role, experience, and location. The salary ranges for some popular designations at Indian Oil Corporation, are as follows:

Chinese Translator ₹10.8 Lakhs to ₹13.8 Lakhs per year
Office Manager ₹3.2 Lakhs to ₹4.1 Lakhs per year
Learning and Development Trainer ₹9.7 Lakhs to ₹12.4 Lakhs per year

The highest-paying role, General Manager Finance, earns between ₹60 Lakhs to ₹94 Lakhs per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹57.8 Lakhs per year. Salaries at Indian Oil Corporation can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 3 salaries submitted by Indian Oil Corporation employees. Indian Oil Corporation is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Indian Oil Corporation in Tirupati?
The salary of a fresher at Indian Oil Corporation in Tirupati typically ranges from ₹1 Lakh to ₹19.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Accounts Officer Salary ₹12 Lakhs to ₹17.5 Lakhs per year
Fresher as a Accountant Salary ₹1.3 Lakhs to ₹2.4 Lakhs per year
Fresher as a Computer Operator Salary ₹1 Lakhs to ₹3.3 Lakhs per year
Fresher as a Project Assistant Salary ₹3.1 Lakhs to ₹3.6 Lakhs per year

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Average annual salary in Indian Oil Corporation , Tirupati is INRunlock blur . Salary estimates are based on 3 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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