OIL India Limited Salary 2024, Perks, Allowances, Job Profile
OIL India Limited Salary 2024 for Grade III & V posts are provided here for your reference. Check the detailed OIL India Limited Salary Structure 2024 Now.
Shruti Dutta8 Jan, 2024
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OIL India Limited Salary 2024 : The OIL India Limited Salary 2024 and Job Profile are outlined in the recently issued official notification. Before applying for the position, candidates should thoroughly review these details to ensure compatibility with the job's responsibilities and compensation. This article provides all the key aspects of the OIL India Limited Salary 2024 and Job Profile.
Also, Read: OIL India Limited Recruitment 2024
OIL India Limited Salary 2024
Oil India Limited (OIL) is a prominent public-sector entity within India's oil and gas industry. It actively explores, develops, and produces crude oil and natural gas, along with their transportation and LPG production. The company recently declared 187 openings across different Grade 3, 5, and 7 positions. Candidates participated in the Oil India Exam held on July 31st, 2023. Qualified candidates get a hefty amount of OIL India Limited Salary 2024. The recruitment process for Oil India Limited in 2024 will have a written test, document verification, and a medical examination as its selection stages.OIL India Limited Salary Overview 2024
The OIL India Limited Salary Overview for 2024 outlines the salary structure offered by the organization for various positions. In the recent recruitment drive, OIL India Limited advertised 421 vacancies for Grade III and Grade V posts. The salary scale for Grade III positions ranges from Rs. 26,600 to Rs. 90,000, while for Grade V positions, it spans from Rs. 32,200 to Rs. 1,27,000. These salary brackets reflect the remuneration framework set by OIL India Limited, aligning with different job roles and responsibilities. Check out the OIL India Limited Salary Overview 2024 in the following table|
OIL India Limited Salary 2024 Overview |
|
| Organization | OIL India Limited |
| Post Name | Grade III & Grade V Posts |
| Vacancies | 421 |
| Advt. No. | HRAQ/REC-WP-B/2023-81 |
| Category | Engg Jobs |
| Application Mode | Online |
| Apply Online Start | 30 December 2023 |
| Last Date to Apply | 30 January 2024 |
| Job Location | Duliajan |
| OIL India Limited Salary |
|
| OIL India Limited Official Website | www.oil-india.com |
OIL India Limited Salary Structure
The OIL India Limited Salary 2024 structure is well-defined across various positions, ensuring competitive compensation aligned with industry standards. OIL India Limited Salary 2024 are categorised based on grades, with different pay levels corresponding to the organisation's distinct job roles and responsibilities. The compensation package comprises basic pay, additional allowances, and benefits, reflecting the company's commitment to providing a comprehensive and attractive employee remuneration structure.| OIL India Limited Salary 2024 | |
| Post | Salary/Pay Scale |
| Grade III | Rs. 26,600/- to Rs. 90,000/- |
| Grade V | Rs. 32,200/- to Rs. 1,27,000/- |
OIL India Limited Perks And Allowances
The Oil India Limited Junior Assistant 2024 receives an OIL India Limited Salary 2024 and enjoys substantial bonuses and allowances. The selected candidate will be entitled to various perks and benefits as part of the Oil India Junior Assistant package. This includes medical coverage for their expenses and the possibility of obtaining a personal loan if needed. Here's a list of the perks and allowances offered by Oil India Limited in 2024:- Provident Fund
- Gratuity
- Medical Facility
- Insurance
- Loan Facility
- Dearness Allowance
- House Rent Allowance
- New Pension Scheme
- Leave Travel Subsidy
OIL India Limited Grade III & V Job Profile
Candidates selected under Oil India Limited can be promoted based on their work ethic and job-related skills. Demonstrating effectiveness, efficiency, and meeting deadlines significantly increases their chances of advancing to the next level. Promotion ensures a higher OIL India Limited Salary 2024 package and improved allowances for the candidates.Oil India Junior Assistant Probation Period
The probationary details for the Oil India Junior Assistant post are available on the official website. After the initial 12-month probation period, candidates will be considered for confirmation based on their performance. If their performance is unsatisfactory, the probation can be extended for 6 months. Further, if the performance remains unsatisfactory after this extension, an additional 6-month extension can be granted. However, if, even after these two extensions, the performance isn't satisfactory, the appointment will be terminated. During the probation, employees must demonstrate efficiency and professionalism in their assigned tasks to qualify for permanent employment.OIL India Limited Salary 2024 FAQs
Q. What is the OIL India Limited Salary structure for Grade III and Grade V positions?
Ans. For Grade III positions, the salary ranges from Rs. 26,600 to Rs. 90,000, while for Grade V positions, it ranges from Rs. 32,200 to Rs. 1,27,000.
Q. What are the perks and allowances offered by Oil India Limited in 2024?
Ans. Oil India Limited offers a range of benefits, including Provident Fund, Gratuity, Medical Facility, Insurance, Loan Facility, Dearness Allowance, House Rent Allowance, New Pension Scheme, and Leave Travel Subsidy.
Q. What is the job profile of OIL India Limited Grade 3 (Junior Assistant)?
Ans. Junior Assistant positions at Oil India Limited involve administrative and operational support tasks. Performance and meeting deadlines can lead to promotions and increased remuneration.
Q. What is the probation period for Junior Assistant positions at Oil India Limited?
Ans. The probation period is initially 12 months. Based on performance, confirmation or extension may occur for up to 6 months. Unsatisfactory performance might lead to termination after two extensions.
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