Understanding the Salary Structure of a Material Management Officer in ONGC

The Oil and Natural Gas Corporation Limited (ONGC) is one of India's leading oil and gas companies. A Material Management Officer at ONGC plays a critical role in managing all aspects of material procurement, supply chain management, inventory control, and cost optimization. This article delves into the in-hand salary of a Material Management Officer at ONGC, detailing the factors that influence salary and the benefits included in the package.

Factors Influencing Salary

The in-hand salary of a Material Management Officer can vary based on several factors:

Experience: Junior officers in entry-level positions typically have lower salaries, while more experienced officers command higher remuneration. Location: The cost of living and regional policies can impact the salary structure. Job Grade: Different grades (E1, E2, E3) come with varying salary ranges.

Salary Range for Different Grades

For entry-level Material Management Officers working at ONGC, particularly at the E1 grade, the total monthly salary can range from approximately Rs 60,000 to 80,000. This includes the basic pay, allowances, and other benefits.

For more experienced officers at grades E2 and E3, the salary can significantly increase, potentially reaching a range of Rs 100,000 to 150,000 or more per month, depending on performance and promotions.

Components of the Salary Package

Besides the basic pay and allowances, the salary package for a Material Management Officer at ONGC includes various other allowances which form substantial components of the pay structure:

Dearness Allowance (DA): To offset the effect of inflation. Cafeteria Allowance: For providing an allowance that can be used to purchase food or other essentials. HR Allowance: Related to employee relations and personal development. Operational Allowance: For covering additional work-related expenses.

Other Benefits and Allowances

Material Management Officers at ONGC also receive various other allowances:

Laptop Allowance: An amount to provide necessary equipment for work. Mobile Allowance: To cover the cost of a mobile phone or data plan. Uniform Allowance: To purchase or maintain work uniforms. White Goods Allowance: To acquire essential kitchen appliances.

All these allowances and benefits significantly contribute to the total in-hand salary of a Material Management Officer.

Conclusion and Next Steps

It's important to note that the figures provided are approximate and can vary based on individual circumstances. For the most accurate and current information, it is advisable to refer to ONGC's official recruitment notifications or contact their Human Resources (HR) department directly.

For more detailed information or to explore career opportunities within ONGC, visit their official website or contact them through the provided contact details.