Oil and Natural Gas Corporation (ONGC) is a Maharatna Public Sector Undertaking (PSU) multinational oil and gas company underneath the Government of India. The Oil & Gas PSU established in the year 1956. The company has its apex office in the Vasant Kunj Delhi. It CPSE have 33,560 number of employees on the permanent payroll, it is the leading Oil and Gas production company of India.
The corporation predominantly deals in products such as Crude oil, Gas, Liquefied Petroleum Gas (LPG), Naphtha, C2-C3 and Superior Kerosene Oil (SKO). In the year 2018, the company engendered a revenue of ₹85,004 crore with a profit of ₹19,945 crore. In 2015, the company was enumerated in the prestigious Fortune Global 500 with a rank of 449.
Not long ago ONGC dispersed a recruitment notice for the post of Graduate Trainees. This article edifies everything about the post of Graduate Trainees at ONGC.
Pay Structure of Graduate Engineer
The Trainees will receive a basic pay of ₹60,000/- under the IDA pay scale of ₹60,000 – ₹1,80,000/- with an increment of 3% every single year.
Here is the Gross salary break up for the newly recruited Assistant Executive Engineers at Oil and Natural Gas Corporation.
|ONGC Assistant Executive Engineer Salary|
|Pay Scale||60,000 – 1,80,000|
|Initial Basic Pay||60,000|
|EPF+ DA + Perk + PRP||54,480|
|Minimum Monthly Gross Salary in Rs||1,14,480|
Perks & Allowances
Following are the perks & Allowances the Trainees will enjoy:
- Dearness Allowance
- Cafeteria Approach
- Performance Related Pay (based on the employee’s performance)
- House Rent Allowance (varies with posting place)
|ONGC HRA Rates from 27.10.2017|
|City Class||Revised HRA Rate|
|X – Class||24% of Basic Pay|
|Y – Class||16% of Basic Pay|
|Z – Class||8% of Basic Pay|
Assistant Executive Engineer Job Description
Now let us discuss the work nature of Graduate Trainees in the company. Graduate Trainees (GET) is the primary designation that a Graduate Engineers get in any corporation. At first, they endure vigorous training for 6 to 12 months. During this period, they are positioned in different departments to fathom the nature and procedure of the work the company does and gain experience. After the training, the Graduate Trainees are assessed grounded on their performance throughout the training period and then is promoted. Their designation vicissitudes from Graduate Engineers to Employee of the company.
Apart from basic pay, Perks & Allowance, it provides several other benefits to their employees such as:
- Car Conveyance (₹10,000/- per month)
- Medical Benefits for self and family
- Mining Allowance
- Contributory Provident Fund
- Post Retirement Benefit Scheme
- Composite Social Security Scheme
Executive Cadre Hierarchy & Pay Scale after 3rd PRC
As ONGC is a top performing Government Enterprises in India, hence working in this PSU provide enormous opportunity to grow yourself in the OIL and GAS sector.
It has CPSU cadre hierarchy for the executives which ensures time bound functional promotions for the young engineer. Usually, newly recruited Graduates get promotion opportunity after 3 years of regular service. The below table represents the revised pay scale, post name and corresponding grade of an executive.
|ONGC Salary Structure for Engineers|
|Name of Post||Grade||Pay Scale|
|Assistant Executive Engineer||E1||60,000 – 1,80,000|
|Executive Engineer||E2||70,000 – 2,00,000|
|Deputy Manager||E3||80,000 – 2,20,000|
|Manager||E4||90,000 – 2,40,000|
|Chief Manager||E5||1,00,000 – 2,60,000|
|Deputy General Manager||E6||1,20,000 – 2,80,000|
|Group General Manager||E8|
|Executive Director||E9||1,50,000 – 3,00,000|
Engineer Trainee Job Requirements
The applicants can apply for the post of Graduate Engineer Trainees at Oil and Natural Gas Corporation only if they have the minimum grades of 60% in the disciplines listed below:
- Mechanical Engineering
- Petroleum Engineering
- Civil Engineering
- Electrical Engineering
- Electronics & Telecommunications Engineering
- Telecom Engineering
- Instrumentation Engineering
- Chemical Engineering
- Computer Science Engineering
- Information Technology
- Auto Engineering
- The candidates must apply and appear in the Graduate Aptitude Test in Engineering (GATE) but only if they meet the essential qualification constraint.
- Based on the result of GATE the candidates will be authorized for the next and final stage of the selection process that is Personal Interview.
- Final Merit list of the applicants will be released based on their performance in the Personal Interview.
The selected students can be placed in any Office / Basin / Asset / Plants situated in India and Abroad. Some of them are listed below:
- Dehradun (Headquarter)
- New Delhi
- Navi Mumbai