SAIL Management Trainee Recruitment 2012
SAIL,a Maharatna Company, is the leading steel-making company in India with a turnover of Rs. 47,103 crore. The company is one of the highest profits earning corporate of the country. SAIL, is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. To man front-line executive positions in its Plant/Units, SAIL invites applications for the posts of Management Trainees (Technical) and Management Trainees (Administration) in E-1 grade from young, energetic, result oriented and promising talent in the country. Find the details like eligibility, procedure, application form submission, how to apply online, selection procedure, vacancies, salary etc.
Posts and Vacancies
Name of the Post: Management Trainees (Technical)
Name of the Post : Management Trainees (Administration )
Vacancies : 72
Important Dates to Remember
- Starting date for submitting applications through website 18.04.2012
- Closing date for submitting applications through website 09.05.2012
- Availability of Payment Reconciliation Status with edit option 16.05.2012
- Closing of payment editing option 18.05.2012
- Display of final reconciliation status 23.05.2012
- Starting date for downloading of Admit Card from SAIL website for written examination 04.06.2012
- Tentative Date of Written Test (will be confirmed in Admit Card) 17.06.2012
Pay Scale / Salary / Emoluments
The Management Trainees will be offered Basic Pay of Rs.20,600/- p.m. in the pay scale of Rs.20600-3%-46500 (E-1). On successful completion of training the Management Trainees will be designated as Junior Managers in the same scale of pay. Besides Basic Pay, the MTs will also be paid Dearness Allowance. They will also be entitled for other perquisites and benefits such as PF, Gratuity and other perks & allowances as per rules of the Company in vogue.
The CTC would be around Rs. 7 lakhs p.a. In addition, Company provides benefits like Leave encashment, housing/HRA and free medical facility for self and dependents as per rules in vouge. An amount of Rs. 5000/- per month will be deducted from the total emoluments during the period of training and probation, as retention amount, on returnable basis on confirmation of service in the Company after successful completion of training and probation period (two years).
The retention amount will be forfeited, in case of leaving the service/termination of service before confirmation. Being direct recruitment on initial basic, the Company will not bear any liability on account of Salary/ leave salary/ pension contribution etc., of pervious employment, if any