Recruitment
IndianOil recruits bright and professionally qualified people for its executive cadre. It follows a mix of open and campus recruitment. For open recruitment advertisements are published in leading national dailies. Interested candidates meeting IndianOil’s requirements can apply online. Applications are then scrutinised and checked for eligibility. The candidates meeting the criteria set by IndianOil are then called for a written test. Based on their performance in the written test, they are further called for group discussion/ group task and interview. For campus recruitment, IndianOil visits the IITs, NITs and other reputed technical institutes of the country for recruiting final year engineering students, and prominent business management institutes for final year MBA students. It also recruits Chartered Accountants from various centres of the Institute of Chartered Accountants of India (ICAI).
A. Qualifications
a. The prescribed qualifications are a minimum of 65% marks in Engineering or Business Management from recognised institutes
b. Pass class as declared by the respective Institute for SC/ST/PH candidates in the qualifying Degree examination
c. Only full-time regular courses from recognised Indian universities/ institutes are considered
d. For Boiler Operation Engineers (BOEs), the requirement of minimum 65% marks in the qualifying Engineering Degree examination is not applicable
Engineering Disciplines:
Bachelor’s Degree in Engineering /Technology from the following branches are generally considered:
i. Chemical, including Petrochemical/ Polymer Engineering
ii. Mechanical [excluding Production/Industrial] Engineering
iii. Electrical
iv. Civil (Excluding Construction/ Structural)
v. Instrumentation & Control
vi. Metallurgy
vii. Computer Science
viii. Fire Engineering.
Boiler Operation Engineer (BOE):
i. Bachelor’s Degree in Engineering/Technology in Electrical or Mechanical with Boiler Operation Engineer's Certificate (1st Class proficiency)
ii. Minimum two years, post-BOE experience in the operation of large size thermal power plant having a coal/oil/gas fuelled boiler
iii. Period of experience relaxed to ONE year for SC/ST candidates
Business Management
a. Master of Business Administration (MBA) or its equivalent 2-year Post-Graduate Diploma in Marketing and Finance
b. Master of Business Administration (MBA) or its equivalent 2-year Post-Graduate Diploma with specialisation in Personnel Management & Industrial Relations
c. Master of Business Administration (MBA) or its equivalent 2-year Post-Graduate Diploma in Human Resource/Master of Social Work
It may be noted that recruitment from all branches of Engineering or Business Management or BOE does not take place every year.
B. Age Limit
a. Not exceeding 26 years for Engineers/Graduate Apprentice Engineers (GAEs)/ Management Graduates (HR) and 28 years for BOEs as on 30th June of the year of joining IndianOil
b. Relaxation in upper age limit by 5 years is extended for SC/ST/Ex-Servicemen applicants, 3 years for OBC & 10 years for physically handicapped persons
C. Health
a. The candidate should be in good physical & mental state and shall meet the laid-down standards for medical fitness to perform duties in the Refineries, Pipelines & Marketing Divisions of IndianOil
b. Candidates with diseases, including but not limited to, Myopia & Hypermetropioa exceeding + - 4.00, ischemic heart disease, cardiac vascular diseases, cirrhosis and chronic liver disease, renal failure, diabetes mellitus with target organ damage, seizure disorder, major psychiatric diseases, drug abuse and malignancy shall not be considered
c. Color blindness is a disqualification for Engineers and BOEs
D. Selection Process
i. For open recruitment, the selection methodology comprises - Written Test (objective type consisting of two parts - General Aptitude and Discipline Knowledge), Group Discussion / Group Task and Personal Interview for assessment of different facets of knowledge, skill, attitude and aptitude
ii. Candidates will have to pass through each stage of the selection process successfully before being adjudged as suitable for final selection
iii. Candidates applying for BOE discipline will not be required to appear in the written test
E. Execution of Service Bond
i. All the selected candidates, irrespective of open or campus recruitment, will have to execute a bond of Rs.1 Lakh (Rs.25,000/- for SC/ST/OBC & PH candidates) giving a commitment to serve the Corporation for a minimum period of three years from the date of joining
F. Concessions / Relaxations
Reservation of posts for SC/ST/OBC (non-creamy layer) /PH (degree of disability 40% or above) as per Government directives
Age relaxation by 5 years for SC/ST, 3 years for OBC and 10 years for PH candidates
Age relaxation by 5 years for candidates domiciled in Jammu & Kashmir between 1.1.1980 and 31.12.1989
Age relaxation by 5 years for Ex-servicemen & Commissioned Officers (including ECOs / SSCOs) subject to rendering minimum 5 years military service and fulfilment of other conditions prescribed by Government of India
Exemption from payment of application fee for SC/ST and PH candidates.
Minimum standard of 65% marks in the qualifying Degree Examination is relaxed to pass class for SC/ST/PH category candidates
Reimbursement of 2nd Class rail fare by the shortest route, to outstation SC/ST & PH candidates provided the distance travelled is not less than 30 km. (Candidates opting for examination centre other than the centre nearest from mailing address are not to be paid TA.)
- Remuneration
The entrance level Cost-to-company (CTC) is Rs. 5.5 - 5.6 lakh depending on the actual place of posting. Directional break-up of CTC (rounded off) is as follows:
Monthly Remuneration Rs. 30706.00
Total p.a. Rs. 368472.00
Annual Benefits Rs. 87436.00
Retirements Benefts Rs. 75942.00
Valued Perks/Benefits/Furniture & Others Rs. 28781.00
Valued Gross Remuneration Rs. 560631.00
*Salary structure under revision w.e.f January 2007
Perks and Perquisites
Car purchase advance immediately after induction training - Rs. 2.65 lakh (@ nominal interest of 2.5%)
Computer and furniture at home (provided by Company)
House-building advance after 5 years of service - Rs. 12 lakh (@ nominal 5% interest). Insurance coverage for house is also provided at nominal 0.5%
Almost unlimited medical benefits and nomination facility at best of the hospitals across the country for self and dependents
Opportunity to avail of full fee reimbursement (up to Rs. 3 lakh) for part-time MBA programme at best of the institutes in India
Individual performance-based incentives
Life-time medical care: Post-retirement medical benefits
Holiday Homes facility during service & after retirement
Nominated hotels facility on tours / leave
Apart from attractive scales and perks, IndianOil provides its employees many facilities and welfare measures, which are continuously upgraded. The medical facilities extended to the employees are rated amongst the best in the country. Apart from fully equipped hospitals at refinery townships, the Corporation has also nominated hospitals at various locations to meet employee needs. Holiday homes at select locations throughout the country help employees and their families unwind.
Induction
In a bid to facilitate the induction of a fresh recruit into the IndianOil family, all new recruits are imparted induction training. The induction programme consists of a Corporate Module as well Divisions-specific modules. These modules provide not only a macro view of the business and endeavours of IndianOil but also a micro insight of its various functions. A unique blend of classroom training as well as field visits helps fresh entrants understand the grassroots working of the organisation. Believing in the power of enriched experience, these training modules also provide ample opportunity to the officers for interacting with the senior management, including Directors on the Board through open sessions.
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