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PGCIL ET Salary in hand, Structure & Allowances

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PGCIL Highest Package PSU.
Package After Training Rs. 14.9 lakhs / Annum.

Company Details :

Name of Organization : Power Grid Corporation of India Limited (PGCIL)

Type : Public Sector Undertaking

Website : http://www.powergridindia.com

Salary Details :

PGCIL ET Salary in hand & Pay scale :

Name of Post : Executive Trainee (ET)

Salary : Rs. 24,900-50,500 /- 

CTC : During Training – Rs. 8.50 lakhs  & After Training – Rs. 14.90 lakhs

Salary ComponentAmount (Rs.)
Initial Basic Pay24,900
DA ( 120.3% of Basic pay as on 01.08.2016)29,955
Perks (49% of Basic Pay)12,201
HRA (30% for Metro city)7,470
EPF (Employers contribution 12% of Basic pay plus DA)6,418
Total Gross Salary80,944

SCALES OF PAY FOR EMPLOYEES IN EXECUTIVE CADRE (Effective from 01.01.2007) :

LevelPay Scale (Rs.)
E120,600 – 46,500
E224,900 – 50,500
E2A24,900 – 50,500
E329,100 – 54,500
E432,900- 58,000
E536,600 – 62,000
E643,200 – 66,000
E751,300 – 73,000
E7A51,300 – 73,000
E851,300 – 73,000
E962,000 – 80,000

Rate of Increment: 3.0 %

HOUSE RENT ALLOWANCE (HRA) :

City PopulationHRA (% of Basic Pay)
50 Lakh & Above30%
5 to 50 Lakh20%
Less than 5 Lakh10%

Allowance Details :

PGCIL ET Facilities & Allowances :

PGCIL ET will not only get handsome salary but also get good amount of facilities & allowances. Which will also provided to newly recruited executives of the company as given below :

1. Dearness Allowance
2. Allowances under Cafeteria Approach limited to 49% of Basic Pay
3. Company Leased Accommodation / HRA
4. Locational Allowances
5. Performance Related Pay
6. Telephone/Mobile Facility
7. Conveyance Reimbursement
8. Medical facilities, Group Insurance
9. Personal Accident Insurance
10. Gratuity
11. Pension
12. Short and Long term Loans & Advances

PGCIL Official : Click Here

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One comment

  1. Hello admin,

    You have not deducted the taxes.

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