ONGC is renowned Crude Oil & Natural Gas Maharatna Company recently announced the recruitment of 785 Class-I officers post who will work as lower management cadre in the company.
Here In this post, I will discuss the ONGC company profile, Salary in hand to newly recruited Assistant Executive Engineers, Material Management Officer, Transport Officer, Programming Officers, Geophysicist, Geologist, & Chemist and explain the higher post names and their corresponding pay scales.
ONGC Company Profile
|Parent Ministry||Petroleum and Natural Gas|
|CMD||Shri Shashi Shanker|
|Classification||Schedule – A|
|No. of Employees||32265|
|Revenue (2017-18)||Rs 85,004 Crore|
|Profit (2017-18)||Rs 19,945 Crore|
|End Products||Crude Oil, Gas, LPG, Naphtha, C2-C3, SKO|
|Subsidiaries||ONGC Videsh Limited, Mangalore Refinery and Petrochemicals Ltd|
|Joint Ventures||ONGC Tripura Power Company Limited (OTPC), ONGC Petro-additions Limited (OPaL), Mangalore Special Economic Zone Limited (MSEZ), ONGC Mangalore Petrochemicals Limited (OMPL), Dahej SEZ Limited (DSL)|
|Official Website||Visit here|
Assistant Executive Engineer Salary
The salary of newly appointed engineers presented in the tabular form. As per the official notification, the CTC for the lower managerial post is 19.4Lacs at E-1 level.
|Component||Salary Amount (Rs)|
|Pay Scale||60,000 – 1,80,000|
|Group||Class-I / Executive Post|
|EPF (Employer Contribution)||7,200|
|PRP||Maximum Rs 24,000|
|Gross Pay per Month||Rs 1,17,480/-|
The monthly gross salary comes around Rs 1,17,480 which doesn’t include the House Rent Allowances. The Income Tax and Provident fund also to be deducted from this whole amount to get the exact figure of the salary deposited in the individual account.
Graduate Engineers Promotions
The Promotions in ONGC at lower levels are quite fast and at the higher post, they depend upon the availability of the vacant position. The below table represents the Engineers hierarchy (from lower to upper level) in the Oil & Natural Gas Corporation.
|Post Name||Post Grade||Pay Scale||Time Period required for next Promotion|
|Assistant Officer/ Assistant Engineer/ Personal Secretary||E-0||50,000 – 1,60,000|
|Officer/Assistant Executive Engineer/Geophysicist/Geologist/Chemist||E-1||60,000 – 1,80,000||4 Years|
|Senior Officer/Assistant Executive Engineer/ Senior Geologist/ Senior Chemist||E-2||70,000 – 2,00,000||5 Years|
|Deputy Manager/Deputy Superintending Geophysicist/Deputy Superintending Geologist/Deputy Superintending Chemist/ Deputy Superintending Engineer||E-3||80,000 – 2,20,000||4 Years|
|Manager/Superintending / Geophysicist/ Superintending Geologist/ Superintending Chemist/ Superintending Engineer||E-4||90,000 – 2,40,000||Depends upon Aavailability of postitions|
|Chief Manager/ Chief Geophysicist/ Chief Geologist/ Chief Chemist/ Chief Engineer||E-5||1,00,000 – 2,60,000|
|Deputy General Manager||E-6||1,20,000 – 2,80,000|
|General Manager||E-7||1,20,000 – 2,80,000|
|Group General Manager||E-8||1,20,000 – 2,80,000|
|Executive Director||E-9||1,50,000 – 3,00,000|
Transport, Programming, Material Management Officer, Assistant Executive Engineer, Geophysicist, Geologist, and Chemist are the lowest management cadre and usually, they get 1st promotion after 4-year service in the company. Executive Director is a top-level executive post with pay scale of 1,50,000 – 3,00,000.
Source: ONGC India
ONGC Employee Facilities & other welfare schemes
- Medical Facility
- Loans and Advances (Land Purchase, Home loan, Education Loan for India & abroad)
- Housing Complex for Employees
- Office Canteen
- Scholarship to SC/ST meritorious students
- The Post Retirement Benefit Scheme (PRBS) Trust
- Composite Social Security Scheme
- Gratuity Fund
- Sahayog Trust
- Asha Kiran Scheme