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Indian Oil Corporation Apprentice Trainee Salaries in India

based on 131 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Finance & Accounting Construction & Site Engineering Research & Development + 6 more
Designation Avg Annual Salary Open Jobs
0 - 2 years exp. (136 salaries)
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₹1 L/yr - ₹3.6 L/yr

0 - 9 years exp. (62 salaries)
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₹1.2 L/yr - ₹10 L/yr

0 - 2 years exp. (36 salaries)
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₹12 L/yr - ₹19 L/yr

0 - 5 years exp. (17 salaries)
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₹6.8 L/yr - ₹8.4 L/yr

Starting your career? Discover Indian Oil Corporation fresher salaries in India
3 - 14 years exp. (15 salaries)
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₹3.6 L/yr - ₹8.2 L/yr

0 - 4 years exp. (8 salaries)
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₹4.1 L/yr - ₹13 L/yr

0 - 3 years exp. (8 salaries)
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₹8.9 L/yr - ₹9.7 L/yr

1 - 5 years exp. (7 salaries)
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₹2.3 L/yr - ₹5 L/yr

3 - 8 years exp. (6 salaries)
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₹3.8 L/yr - ₹5.4 L/yr

0 - 15 years exp. (4 salaries)
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₹14 L/yr - ₹28 L/yr

1 - 3 years exp. (4 salaries)
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₹1.4 L/yr - ₹2.4 L/yr

0 - 4 years exp. (4 salaries)
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₹1.3 L/yr - ₹14 L/yr

16 - 19 years exp. (3 salaries)
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₹24 L/yr - ₹36 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

5 - 7 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

2 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

8 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

5 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

0 - 6 years exp. (121 salaries)
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₹2.4 L/yr - ₹4.4 L/yr

0 - 7 years exp. (111 salaries)
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₹1 L/yr - ₹4.3 L/yr

0 - 2 years exp. (109 salaries)
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₹1.2 L/yr - ₹2.1 L/yr

Last Updated: 16 Mar, 2024

Salary related reviews for Indian Oil Corporation

4.4

Rated by 92 employees for salary & benefits

IOCL LPG BOTTLING PLANT Department

5.0
  •  posted on 26 Apr 2022

5.0
 for  Salary and Benefits

Likes

GOOD WORK ENVIROMENT AND CULTURE.TEAMMATES ARE SUPPORTIVE AND THE MANAGEMENT IS TRANSPARENT.

Dislikes

THERE IS A LOT OF POLITICS AND THE MANAGEMENT DOESNOT ADDRESS OUR ISSUES. SALARY IS DECANT BUT CAREER GROWTH IS SLOW.THERE IS A BOND OF 2 YEARS BEFORE WHICH YOU CANNOT RESIGN.ON THE JOB TRAINING IS NOT GIVEN TO NEW JOINEES.

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Full Time

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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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Full Time

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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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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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Full Time

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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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Dislikes

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

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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 131 Indian Oil Corporation salaries received from various employees of Indian Oil Corporation. Indian Oil Corporation employees rate the overall salary and benefits package 4.4/5 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 for Apprentice Trainee at Indian Oil Corporation?
According to AmbitionBox, 58% of the Indian Oil Corporation Apprentice Trainees reported a notice period of 15 days or less, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 118 responses on AmbitionBox in last 2 years.

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Average annual salary for Apprentice Trainee in Indian Oil Corporation is INRunlock blur . Salary estimates are based on 131 Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.

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