What is the Salary in hand for Management Trainee in Vizag Steel or RINL?

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  • What is the Salary in hand for Management Trainee in Vizag Steel or RINL?
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Posted by (Questions: 299, Answers: 2)
Asked on October 8, 2018 7:37 am
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Rashtriya Ispat Nigam Limited is a renowned Navratna Company in the metal sector under the direct control of the Government of India.

The Company generally fill the vacant position for the post of Management Trainees from the Electrical, Mechanical, Instrumentation & metallurgy streams through GATE examination scorecard.

RINL MT Salary

After getting selected for the post of MT in Vizag Steel, he/she has to go for a training period of 12 months or one whole year in the pay band of 20,600 - 46,500 E-1 Grade. After the satisfactory performance in the training Graduate Engineer appointed as a Management Trainee in the Grade pay E-2 with pay Scale of 24,900 - 50,500.

The starting basic pay of the MT post after the training is 24,900 on the regular joining of the duties.

Following table is representing the gross salary data of newly appointed Engineer in Vizag Steel.

Salary During Training After Appointment
Pay Scale 20,600 - 46,500 24,900 - 50,500
Basic Pay 20,600 24,900
Allowances 42,400 52,100
Gross Salary per Month Rs 63,000/- (Approx) Rs 77,000/- (Approx)

Hence total in hand salary of Management Trainee is Rs 77,000/- per Month.

Above Salary and scales are pre-revised, after the implementation of 3rd PRC, the scales may get upgraded and total gross salary further increases to 15 to 20% per month from 01.01.2017.

There are a total of 10 numbers of executive Grades in the RINL. A newly recruited Management Trainee get the posted in the E3 Grade on 1st promotion. The list of executive cadre hierarchy is given here for the reference.

Executive Grade Pay Scale
E0 16,400-40,500
E1 20,600-46,500
E2 24,900-50,500
E3 32,900-58,000
E4 36,600-62,000
E5 43,200-66,000
E6* --
E7* --
E8 51,300-73,000
E9 62,000-80,000

*Scales of E-6 & E-7 provisionally fixed at the max of Rs.68,000/- and Rs.70,000/- respectively.

Vizag Facilities for MT

  • Bonus
  • Canteen Subsidy
  • Children Education Allowance
  • City Compensatory allowance
  • Free Medical Facility at RINL authorized Hospitals for the Employee and dependents
  • Free Mobile & Internet Connection
  • Gratuity
  • Insurance
  • Leave Travelling Allowance
  • Motor Vehicle, House, Plot & Festival Advance
  • Retiring Benefits
  • Transport Allowances
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Posted by (Questions: 55, Answers: 73)
Answered on October 18, 2018 5:35 pm
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