Salary and Compensation for Deputy Managers at NTPC

As of the last information update in August 2023, the in-hand salary for a Deputy Manager at National Thermal Power Corporation (NTPC) can vary based on several factors including experience, location, and specific department. Generally, the in-hand salary for a Deputy Manager in NTPC could range from approximately ?80,000 to ?120,000 per month. This figure includes the basic pay, allowances, and other benefits, though the exact amount can differ based on individual circumstances and changes in company policy or salary structure.

Salary Structure Breakdown

Understanding the salary structure at NTPC is crucial for comprehending the total remuneration of a Deputy Manager. The gross salary is roughly three times the basic pay. Most employees fall into the 30 slab of the Income Tax, with additional deductions that can total approximately the same as the basic pay. Therefore, the in-hand salary might be just double the basic pay, though this can vary if one takes loans, authorises deductions for insurance policies, and other savings instruments.

Personal Experience

I have been working as a Deputy Manager at NTPC since August 2011. According to my salary slip, my gross earnings, excluding irregular income in the last column, are around ?86,000. Additionally, I receive ?2,500 for food allowances, bringing my in-hand salary to approximately ?88,500.

Salary Scales at NTPC

The salary scales at NTPC vary across different categories and designations. Here is a breakdown of the salary scales:

Unskilled: ?8,700 - ?20,000 Attendant: ?10,500 - ?23,000 Semi-skilled: ?11,000 - ?24,500 Jr. Assistant / Technician: ?11,500 - ?26,000 Technician Grade III: ?12,500 - ?27,500 Technician Grade II: ?13,500 - ?29,000 Technician Grade I: ?14,500 - ?32,000 Sr. Technician / Jr. Supervisor: ?15,500 - ?34,500 Master Technician Gr. II / Supervisor Grade II: ?16,000 - ?35,500 Master Technician Gr. I / Supervisor Grade I: ?17,500 - ?37,000 Senior Supervisor: ?18,500 - ?40,000 Engineer: ?20,600 - ?46,500 Assistant Manager / utive Trainee: ?24,900 - ?50,500 Deputy Manager: ?29,100 - ?54,500 Manager: ?32,900 - ?58,000 Senior Manager: ?36,600 - ?62,000 Deputy General Manager: ?43,200 - ?66,000 Additional General Manager / General Manager: ?51,300 - ?73,000 utive Director: ?62,000 - ?80,000

NTPC Allowances and Perks

NTPC, being a public sector undertaking in India, offers allowances and perks similar to other public sector units. Here are some key allowances:

12% of the basic salary is provided as dearness allowances (DA), which does not change based on designation. Rental allowances (HRA) are provided, which depend on the area of residence. Pension plans, provident funds, and gratuity are available for all employees. Senior-level utive employees receive additional perks such as vehicles, mobile phones, electricity, water supply, and others. Some employees get house/flat/living areas, medical allowances, travel allowances, and risk area allowances.

Conclusion

The salary and compensation package for Deputy Managers at NTPC are influenced by multiple factors and can vary significantly. To ensure the most accurate and up-to-date information, it's advisable to refer to NTPC's official resources or recent employee reports. Understanding the salary structure and allowances can provide a clear picture of the total remuneration.