What is the average package of all PSU'S

Hii,

One can get a job in PSU'S through GATE Score or direct recruitment process by the Company. Through GATE one must get minimum 70 marks to get PSU and it varies according to category. The Average salary package for a fresher is 8 lakhs per annum.

BHEL - 8 lakhs

BPCL - 10.5 lakhs

HPCL - 10 lakhs

IOCL- 12 lakhs

MDL - 7 lakhs

Hii,

One can get a job in PSU'S through GATE Score or direct recruitment process by the Company. Through GATE one must get minimum 70 marks to get PSU and it varies according to category. The Average salary package for a fresher is 8 lakhs per annum.

BHEL - 8 lakhs

BPCL - 10.5 lakhs

HPCL - 10 lakhs

IOCL- 12 lakhs

MDL - 7 lakhs

hi!

highest package is offered by Power Grid Corporation of India Limited, which is somewhere more than 13 L.P.A(Electrical or Electronics graduates only). Some other Maharatna Companies like ONGC, HPCL, IOCL, BPCL etc also offers package of around 11-12 Lakhs. The least package you'll get, may be around 7.5-8 L.P.A. So in an average, your package will be around 10 L.P.A. (And don't forget the proposal of 7th Pay Commission. Which may increase the packages.)

But the problem is that these PSU's hire mostly Mechanical, Electrical, Chemical and Civil graduates. Electronics or Instrumentation graduates have comparatively few posts. Computers or IT graduates have very few posts. Hardly around 50 altogether may be.

Highest package-

14.5 LPA (pay revision awaited).

PSU- ONGC, power grid, BPCL

Average package-

7.5 to 12 LPA (pay revision awaited)

7.5 LPA- navratna PSU

12 LPA- IOCL, BHEL, HPCL, Gail etc

The PSUs provide lots of perks and allowance and bonuses which depends on profit of PSU.

Wrapping up, packages of PSU are way higher than the private companies in 90% cases. (10% are the exceptional talent of IIM and IIT).

A 3rd pay revision is awaited in salary of PSU and almost 30–40% rise is expected. Means highest package would shoot upto 18–19 LPA. After, this pay revision, private sector people will suicide in jealousy.