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salary of et in ntpc |
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Re: salary of et in ntpc
After selection as Executive Trainees (ET), one will go for one-year training at various places. After the completion of the training, the performance of the candidate decides place of posting. One can be placed anywhere in India in any projects, stations or offices. Salary of ET in NTPC Candidates appointed as Executive Trainee at IDA pay scale of E2 (24900-50500) grade. The starting basic pay of the candidates will be 25650. Salary breakup is: Salary Component Amount in Rs Basic pay 25650 DA (120.3% of Basic pay as on 01.12.2016) 30857 Perks (47% of Basic pay) 12056 HRA (30% for Metro city) 7695 EPF (Employers contribution 12% of Basic pay plus DA) 6781 Total Gross Salary in Rs 83039 House Rent Allowances NTPC also provides House Rent Allowances to their employees. The HRA depends on the area where the employee currently lives i.e. in which class of city they resides. In India, all cities are divided into classes namely Class A, Class A1, Class B1, Class B2 and Class C. Therefore; the HRA are different in different categories of the city. City Class Percentage of Basic Pay A, A1 30% B1, B2 15% C 7.5% Other Facilities Performance Related Pay Children Education Allowance Medical benefits Travel Allowance Field Compensatory Allowance Car loan facility Computer Loan Leave Encashment Gratuity Group Insurance Contributory Provident Fund |
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