PGCIL ET Salary 2024: Know All The Details Here!

1

Advertisements

Ratings

5/5 - (9 votes)


PGCIL Highest Package PSU.
Package After Training Rs. 21 lakhs / Annum.

PGCIL ET Salary 2024 – Power Grid Corporation of India Limited (PGCIL) is a leading power transmission company in India that provides efficient and reliable power transmission services. The company offers several job opportunities for young and dynamic individuals who are looking to build a career in the power sector. One such opportunity is the position of Executive Trainee (ET). In this article, we will discuss the salary structure of PGCIL Executive Trainees.

PGCIL Executive Trainees are recruited through the GATE (Graduate Aptitude Test in Engineering) score and subsequent selection process. The Executive Trainees undergo an intensive training program for one year, which includes classroom training as well as on-the-job training. After successful completion of the training program, they are absorbed as Assistant Manager in the company.

The salary structure of PGCIL Executive Trainees is quite lucrative. The basic pay for the post of Executive Trainee is Rs. 60,000 per month. In addition to the basic pay, the Executive Trainees are entitled to various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), and other benefits such as medical reimbursement, performance-related pay, and Leave Travel Concession (LTC).

The Dearness Allowance (DA) is revised twice a year, and it is based on the Consumer Price Index (CPI) data. The current DA rate for PGCIL employees is 17%. The House Rent Allowance (HRA) is based on the location of the posting and is calculated as a percentage of the basic pay. The HRA rate varies from 24% to 30% of the basic pay, depending on the location.

Apart from these allowances, PGCIL Executive Trainees are also entitled to performance-related pay (PRP). The PRP is linked to the performance of the employee and is paid annually. The maximum PRP that an employee can receive is 40% of the basic pay.

PGCIL Executive Trainees are also eligible for other benefits such as medical reimbursement, which covers the medical expenses of the employee and his/her family members. The company also provides Leave Travel Concession (LTC) to its employees, which allows them to travel to any part of India once in two years and get reimbursed for the expenses incurred.

1. PGCIL Company

2. PGCIL Recruitment 2023: Overview

Name of OrganizationPower Grid Corporation of India Limited (PGCIL)
Name of PostExecutive Trainee (ET)
Exam LevelNational-level
FrequencyAnnually
Job locationIndia
Application modeOnline
Mode of examOnline
Selection procedure
  • GATE Score
  • Group Discussion
  • Personal Interview
Official Websitehttp://www.powergridindia.com

3. PGCIL ET Salary

PGCIL ET Salary in Hand & Pay Scale

  • Name of Post: Executive Trainee (ET)
  • Salary: Rs. 1,29,828 /-
  • CTC: Rs. 21 Lakhs (approx)

3.1 PGCIL Executive Trainee (ET) Salary

Salary ComponentAmount (Rs.)
Pay Scale60,000 – 1,80,000
Basic Pay60,000
DA (Dearness Allowances)5,280
Superannuation Benefits19,548
Perks21,000
PRP24,000
Total Gross Salary1,29,828

3.2 PGCIL Executive Trainee (ET) Salary Slip

pgcil et salary slip

3.3 PGCIL Engineer Promotion & Pay Scale

LevelOld Pay Scale Revised Pay Scale
E120,600 – 46,50050,000 – 1,60,000
E224,900 – 50,50060,000 – 1,80,000
E329,100 – 54,50070,000 – 2,00,000
E432,900- 58,00080,000 – 2,20,000
E536,600 – 62,00090,000 – 2,40,000
E643,200 – 66,0001,00,000 – 2,60,000
E751,300 – 73,0001,20,000 – 2,80,000
E851,300 – 73,0001,20,000 – 2,80,000
E962,000 – 80,0001,50,000 – 3,00,000

4. PGCIL ET Allowances & Facilities

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 35% of Basic Pay
  3. Company Leased Accommodation / HRA
  4. Locational Allowances
  5. Performance Related Pay
  6. Telephone / Mobile / Internet Facility
  7. Conveyance Reimbursement
  8. Medical Facilities, Group Insurance
  9. Personal Accident Insurance
  10. Gratuity
  11. Pension
  12. Short and Long term Loans & Advances

5. PGCIL ET Salary FAQs

What is the salary of PGCIL ET per month?

An PGCIL ET earns a basic pay of INR 60,000 along with other allowances. Salary of PGCIL ET per month is around Rs. 1,30,000/-.

What would be PGCIL ET salary after 7th pay commission?

PGCIL ET salary in hand after 7th pay commission would be approx Rs. 1,30,000/-.

What are the allowances that PGCIL ET receives?

The various allowances that PGCIL ET receives are: Dearness Allowance, House Rent Allowance, Travel Allowance, Pension, Medical Facilities, Provident Fund.

What are the different levels of scientists in PGCIL?

The different levels of ET are E2, E3, E4, E5, E6, E7, E8, and E9 in PGCIL.

Are jobs provided by PGCIL permanent jobs?

The new employee must successfully complete the probationary period of 2 years and after that the job is permanent.

Recent Posts

Related Tags

Pgcil et salary slip 2024, Pgcil et salary per month 2024, pgcil salary after 7th pay 2024, pgcil salary slip 2024, pgcil in hand salary through gate 2024, pgcil salary through gate 2024, pgcil je salary in hand 2024, power grid je salary slip 2024

GATE (Reasoning & Aptitude & Maths) Books

GATE Guide Books

PSUs Total Information & Guidance

1.PSU through GATE - 2023 (Application) »
2.PSU through GATE - 2024 (Application) »
3.PSU through GATE – 2023 (Complete List) »
4.PSU Not through GATE - 2023 (Application) »
5.PSU Age limit »
6.PSU Percentage limit »
7.PSU 2023 Result »
8.PSU Cut-off Marks »
9.PSU Salary Structure »
10.PSU Selection Procedure »
11.PSU Free Notes »
12.PSU Free Mock Tests »
13.PSU Helpline »

Click below given links to get further information.

GATE 2024 Total InfoGATE 2024 BooksFree Notes 2023
IES 2024 Total InfoIES 2024 BooksFree Mock Tests 2023
JAM 2024 Total InfoJAM 2024 BooksEngg Diploma 2023
PSUs 2023 Total InfoM Tech 2023 Total InfoUGC NET 2023 Total Info

Related Posts

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here