Go through RINL Vizag Steel Junior Trainee Salary 2018 detail here. The Rashtriya Ispat Nigam Limited has invited applications for the recruitment of Junior Trainees in the Metallurgy, Mechanical and Instrumental branches. The recruitment drive serves as one of the most attractive job opportunities for engineering graduates. So, candidates who have applied for the recruitment of RINL Vizag Steel must be curious to know about the salary of Junior Trainee. Salary is one of the most important factors that motivate candidates to apply for any particular job. Here, we are sharing the RINL Vizag Steel Junior Trainee Salary Structure 2018 to help candidates clear all their doubts regarding the stipend and salary of Junior Trainee.
Although Vizag Steel Junior Trainee 2018 exam dates have not been announced yet, knowing the salary of the job can help candidates stay motivated. Everyone desires of earning a decent livelihood and Vizag Junior Trainee salary provides exactly the same. Given below is the detailed salary structure of RINL Vizag Steel Junior Trainee position.
RINL Vizag Steel Plant Junior Trainee Salary Structure
|Junior Trainee Training||Candidates appointed as Junior Trainee with Vizag Steel would be subjected to a training of 24 months.
Candidates having ITI Diploma will undergo Skill Development Course of one year certified by National Skill Development Corporation.
|Junior Trainee Stipend||In the first year of training, Junior Trainees would be entitled to a stipend of Rs. 10,700/ p.m.
During the remaining period of training, a stipend of Rs. 12,200/ p.m. would be disbursed to Junior Trainees.
|Junior Trainee Salary||On successful completion of training and subsequent appointment, candidates would fetch basic pay of Rs. 16,800 in the pay scale of Rs. 16,800-3%-24,110/- (S-3 Grade).|
Junior Trainee Salary – CTC after Training Period
After the successful completion of training for Junior Trainee, candidates would be entitled to Cost to Company amounting 4.84 lakhs per annum in S3 grade. The Cost to Company includes the following benefits and allowances.
- Special Allowance of 6%
- Transportation Allowance
- Annual Performance Reward
- Provident Fund
- Encashment of Earned Leave
- Medical treatment for self and family without charge
Candidates appointed to the post of Junior Trainee in Vizag Steel Plant would be entitled for company’ accommodation. However, if the individual refuses to take accommodation, he/she will not be eligible for House Rent Allowance. Moreover, the HRA is subjected to revision in the event where the company’s accommodation is not available.