IOCL Salary CTC

Could you please give here salary structure for executive cadre officers in Indian Oil Corporation Ltd. (IOCL) ?

[Rajkumar Agarwal]

As per your request here I am giving you salary structure for executive cadre officers in Indian Oil Corporation Ltd. (IOCL) .

Salary structure of executive cadre in Indian Oil Corporation Ltd. (IOCL) :

Remuneration
Directional Break-up of CTC (rounded off) p.a.

Basic @ Rs 24,900 per month
Rs. 2.99 lacs

Dearness Allowance @ 67.3% of basic
Rs. 2.01 lacs

House Rent Allowance (HRA)For Metro @ 30% of BP, For C Class @ 10% of BP
Metro Rs 0.90 lacs
C Class Rs 0.30 lacs

Perks and allowances (Max admissible upto 50% of Basic Pay)
Rs. 1.49 lacs

Superannuation Benefits (Max. admissible upto 30% of Basic Pay)
Rs. 1.50 lacs

Total CTC (without performance related payment)
Rs. 8.90 lacs

Performance Related Payment(upto max 40% of BP)
Rs.1.195 lacs

Valued Gross Remuneration (CTC) (As on 1st January, 2013)
Metro Rs 10.10 lacs
C Class Rs 9.80 lacs

Perks and Perquisites
Car purchase advance

House-building

Insurance coverage for house

Almost unlimited medical benefits and nomination facility

Opportunity to avail of full fee reimbursement

Individual performance-based incentives

Life-time medical care: Post-retirement medical benefits

Holiday Homes facility during service & after retirement

Nominated hotels facility on tours / leave