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Indian Oil Corporation

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4.4

based on 2.1k Reviews

HQ - Delhi/NCR, Delhi, India Oil & Gas 10k-50k Employees (India) Power
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Indian Oil Corporation Salaries in India

based on 7k latest salaries

4.0

Rated by 2.1k Employees for salary and benefits

Top Departments at Indian Oil Corporation
Designation Average Salary
Yearly arrow-down

Technician Apprentice

Experience: 0 - 4 yrs (145 Salaries)
₹ 1,55,499/year

(₹15.0K/yr - ₹3.2L/yr)

Apprentice Trainee

Experience: 0 - 5 yrs (130 Salaries)
₹ 1,76,953/year

(₹10.0K/yr - ₹5.0L/yr)

Project Assistant

Experience: 1 - 9 yrs (113 Salaries)
₹ 3,42,108/year

(₹2.2L/yr - ₹4.8L/yr)

Computer Operator

Experience: 0 - 8 yrs (112 Salaries)
₹ 2,49,930/year

(₹20.0K/yr - ₹5.2L/yr)

Accountant

Experience: 0 - 6 yrs (103 Salaries)
₹ 1,91,811/year

(₹15.0K/yr - ₹4.8L/yr)

Apprentice

Experience: 0 - 4 yrs (92 Salaries)
₹ 1,82,126/year

(₹1.0L/yr - ₹4.4L/yr)

Mechanical Engineer

Experience: 1 - 6 yrs (84 Salaries)
₹ 3,50,709/year

(₹1.2L/yr - ₹7.2L/yr)

Junior Engineer

Experience: 0 - 11 yrs (63 Salaries)
₹ 6,53,896/year

(₹2.0L/yr - ₹11.1L/yr)

Safety Officer

Experience: 0 - 9 yrs (61 Salaries)
₹ 3,52,717/year

(₹1.1L/yr - ₹8.0L/yr)

Apprenticeship Trainee

Experience: 0 - 2 yrs (58 Salaries)
₹ 1,37,304/year

(₹10.0K/yr - ₹2.5L/yr)

Last Updated: 2 Oct, 2023

Indian Oil Corporation Salary FAQs

How much does Indian Oil Corporation pay per year?
The average Indian Oil Corporation salary ranges from approximately ₹0.5 Lakhs per year for a Helper to ₹76.8 Lakhs per year for a Executive Director. Salary estimates are based on 7k Indian Oil Corporation salaries received from various employees of Indian Oil Corporation. Indian Oil Corporation employees rate the overall salary and benefits package 4.0/5 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 ₹76.8 Lakhs per year. The top 10% of employees earn more than ₹24 lakhs per year. The top 1% earn more than a whopping ₹51 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 ₹1.6 Lakhs per year, for Apprentice Trainee the minimum salary is ₹1.8 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 ₹1.2 Lakhs per year for Graduate Apprentice to ₹2.9 Lakhs per year for Safety Officer. View Fresher Salaries at Indian Oil Corporation
What is the notice period at Indian Oil Corporation?
According to AmbitionBox, 44% of the Indian Oil Corporation employees reported a notice period of 15 days or less, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4.1k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Indian Oil Corporation

Assistant Manager in New Delhi, Delhi

Full Time

 · 

Finance Department

3.0
posted on 10 Sep 2023

4.0 for Salary and Benefits

Likes

... 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.

Work Details

Work days: Monday to Friday (Strict Timings)

Assistant Manager in Mumbai, Maharashtra

Full Time

 · 

Finance Department

5.0
posted on 25 Jul 2023

5.0 for Salary and Benefits

Likes

...job security, salary and benefits.

Dislikes

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

Work Details

Work days: Monday to Friday (Strict Timings)

Area Sales Manager in Pan India

Full Time

 · 

Retail & B2C Sales Department

2.0
posted on 13 May 2023

4.0 for Salary and Benefits

Likes

Job security and salary benefits

Dislikes

Work culture Unnecessary non productive jobs to keep you occupied the whole day No skill development U will be thrown at remote locations Promotion and appraisal - 2-3% growth on a low base. Mbas and engineering college fresher me koi difference nahi hai. TOXIC culture You are supposed to be working 24*7 (5 days bolke Sunday's bhi kam karwate hain as per CDA rules) Heavy micromanagement Overall corporate has ****** up over the last 25 years and now using new technology and monitoring tool is unnecessarily pressurising the young force

Work Details

Work timings: Flexible Timings

Work related travel: This job involves Travel Within Country.

Apprenticeship Trainee in Gonda, Uttar Pradesh

Intern

 · 

Operations Department

5.0
posted on 18 Mar 2023

3.0 for Salary and Benefits

Likes

Company is overall great and i like the way the process there work . Work load is neutral not very hardworking but they made my personality developed because i worked hard to gain more and more knowledge and i think I got it but there is always a lot to learn .

Dislikes

Just there salary they provide to trainee according to there work load.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Operations Officer in Dharmanagar, Tripura

Full Time

 · 

Operations Department

1.0
posted on 08 Mar 2023

4.0 for Salary and Benefits

Likes

Only Salary & Perks

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.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within Country.

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Average annual salary in Indian Oil Corporation is INR 9.2 lakhs . Salary estimates are based on 7k Indian Oil Corporation latest salaries received from various employees of Indian Oil Corporation.