HAL Training and Compensation Package

Selected candidates would be posted as Management Trainees in any of the Production, Overhaul or Services Divisions / Research & Design Centres / Offices, based on the requirements of the Company. They will undergo 52 weeks of training programme, comprising of various training modules including theoretical & on-the-job training at various places. The location where the selected candidates will be posted will be decided before joining HAL. During the training period, the Trainees shall draw a Stipend comprising of Basic Pay, Variable Dearness Allowance & Canteen Allowance. Besides, bachelor accommodation or House Rent Allowance is also admissible during the training period, depending upon the place of posting, as
per company rules. The approximate Cost to Company (CTC) per annum during training is Rs. 4 to Rs. 4.5 lakhs.
On successful completion of the training, the Trainees would be absorbed as Engineers / Officers with a Basic Pay of Rs. 16,400/- in the Grade-II Scale of Pay of Rs. 16,400-40,500/-. On absorption, the candidate will be eligible for Basic Pay, Variable Dearness Allowance, other  Perks & Allowances, Company Accommodation / House Rent Allowance, Performance Related Pay, Leave, Medical Facilities, Provident Fund, Gratuity etc as per company rules. The approximate CTC per annum after absorption as Engineer / Officer is Rs. 6 to Rs. 6.5 lakhs, depending on the location of the posting.

0 comments:

Please post your thoughts and queries for HAL Training and Compensation Package