Vizag Steel Salary Structure 2019: The Rashtriya Ispat Nigam Limited (VIZAG/RINL) is one of the most demanding jobs in India. Candidates those who have applied for the Vizag Steel application form for the post of Junior Trainee or Mechanic Trainee must be in search of the salary paid to a junior/mechanic trainee. To resolve all your doubts regarding the salary structure, we are sharing Vizag Steel Salary 2019. In this post, you will find the complete details regarding the pay scale of the candidate during the time of training and the salary structure after completing the training period.
The Vizag steel 2019 exam dates are not announced yet. This post will help you to keep motivated to work hard for your goals. Ultimately everyone is working to earn their bread and butter, and no one would mind having a dessert by the end of the day. So, below are details you should know regarding the RINL Vizag steel salary structure 2019.
Vizag Steel Plant Junior Trainee Salary 2019
Junior/Mechanic Trainee Payscale
Training Period |
|
Stipend during Training | During the training period, candidates will receive a monthly stipend of 10,700/- (consolidated) during the first year and a monthly stipend of 12,200/- (consolidated) during the remaining period of training. |
Junior Trainee Salary | The minimum basic pay a candidate will receive of 16,800 in the pay scale (Pre-revised) of Rs. 16,800- 3%-24,110/- (S-3 Grade) |
Note: Candidates will receive the minimum basic pay only after the successful completion of the training period. After the competition of the training period, candidates for the post of the junior trainee will be considered for appointment on probation to regular post i.e. Technician, subject to availability of vacancies in any Operation/ Maintenance/Service/Mines area.
CTC (After Training Period) + Allowances
The CTC of the selected candidates shall be 4.84 Lakhs per annum (approximately) for S-3 Grade. This CTC includes some Pay and Dearness Allowance which are as follows:
- Special Allowance @6%
- Conveyance Allowance
- Annual Performance Reward
- LTC/LTA
- Leave and Encashment of Earned Leave
- Contributory Provident Fund, Gratuity, etc. (This retirement benefit are payable only on separation (resignation/termination not included) from the services of the Company.)
- Free Medical Treatment for self, and family
Note: Candidates will also be allotted the company’s accommodation subject to its availability, but no HRA would be allowed if the allotted Company’s accommodation is not occupied. However, the HRA is subject to revision in the event of non-availability of Company’s accommodation.
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