What is the salary of NLC Graduate Executive Trainee?

1
0

How much salary a Graduate Engineer get in a month in the Neyveli Lignite Corporation after permanent appointment in the Company?

Marked as spam
Posted by (Questions: 299, Answers: 2)
Asked on November 12, 2018 6:05 am
1383 views
1
Private answer

Neyveli Lignite Corporation of India Limited is a Navratna Company under the Ministry of Coal which does business in the mining as well as in the power sector. The NLC has it's presence mainly in the Tamilnadu state in India.

The Company has turnover around 8496 Crore in the financial year ending 2018 and the net profit of 1848 Crore in the same year.

The Neyveli Lignite Corporation of India Limited needs fresh engineers to continue the growth rate. Last year the Navratna Company has initiated recruitment of the Graduate Engineers from the Mechanical, Electrical, Civil, Mining, Instrumentation & Computer Science streams and the process is over now.

NLC GET Salary in hand

The Engineering Graduates are appointed in the pay scale of E-2 Grade 20600-3%-46500 which has already been revised and the new pay scale is 50,000 - 1,60,000 at the same level.

The initial basic pay for the graduates is fixed at 50,000 and along with basic pay they will get the dearness allowances, cafeteria allowances, performance related pay, etc. The breakup of salary shown here in tabular form.

Component Value
Post Name Assistant Executive Engineer
Cadre Group A or Class-I
Executive Grade E2
Pay Scale 50,000 - 1,60,000
Basic Pay 50,000
Total Allowances 35,000
Gross Salary Rs 85,000/- per Month

Hence a newly recruited Assistant Executive Engineer or GET would get a monthly payment of Rs 85,000/- after the regular appointment in the Neyveli Lignite Corporation of India Limited.

NCL Pay Scales & Promotions

A GET will get an appointment in the E2 pay scale as an Assistant Executive Engineer and after the 1st promotion s/he gets the next pay scale of Deputy Executive Engineer in the E3 scale. The promotional hierarchy along with the pay scales of NLC executives shown here in the table.

Grade Post Name Old Pay Scale Pay Scale Revised Pay Scale from 01.01.2017
E1 Additional Engineer 16,400-40,500 40,000-1,40,000
E2 Assistant Executive Engineer / GET 20,600-46,500 50,000-1,60,000
E3 Deputy Executive Engineer 24,900-50,500 60,000-1,80,000
E4 Executive Engineer 29,100-54,500 70,000-2,00,000
E5 Deputy Chief Engineer 32,900-58,000 80,000-2,20,000
E6 Chief Manager, Additional Chief Manager 36,600-62,000 90,000-2,40,000
E7 Addl. Dy. Genl. Mgr / Dy. Genl. Mgr. 43,200-66,000 1,00,000-2,60,000
E8 General Manager 51,300-73,000 1,20,000-2,80,000
E8 Chief General Manager
E9 Executive Director 62,000-80,000 1,50,000-3,00,000

Facilities for NLC Executives

  • Township for the employees of Company with more than 21,000 houses.
  • Free Medical service for the workers with more than 350-bed hospital.
  • Subsidized transport facility
  • Industrial Canteens

Family welfare

  • Special Incentive Schemes for the small family norm.
  • Schools and a college to provide the education facility for the children of employees within the Neyveli Campus.
  • Recreation facilities like clubs, gyms, swimming pool and Sports with all infrastructural facilities.
  • Post-retirement medical benefits scheme.
Marked as spam
Posted by (Questions: 99, Answers: 128)
Answered on November 12, 2018 3:35 pm
Votes
Answers
Views
Question
1 2 3 27