Explore the IREL Management Trainee Recruitment 2023 for 35 vacancies. Learn about the attractive salary package, eligibility criteria, and selection process. Don’t miss the essential dates for application submission. Prepare yourself for this exciting opportunity at IREL.
IREL MT Recruitment 2023 – Notification Details
IREL (India) Limited has announced the Management Trainee Recruitment 2023, offering 35 coveted positions. This recruitment drive presents a promising opportunity for aspiring candidates to kickstart their careers with one of India’s prominent public sector undertakings. The management trainees will undergo a comprehensive one-year training program at various units/offices of IREL. During the training period, candidates will receive a monthly stipend of approximately Rs. 57,000. Additionally, they will enjoy benefits like Half Pay Leave (HPL), Casual Leave (CL), and medical facilities for themselves and eligible family members, as per the company’s policies.
After successful completion of the training program, the Management Trainees will be absorbed as Assistant Managers in the E-1 grade, with a basic pay of Rs. 40,000-140,000/-. Along with the basic pay, candidates will receive Industrial Dearness Allowance (IDA), HRA or company accommodation, various perks, and allowances, making the total CTC around 13.25 lakhs per annum for the Mumbai location, excluding Performance Related Pay (PRP). The package also includes benefits like Leave Encashment, Medical Facilities for self and dependant family members, Contributory PF, Gratuity, PRP, Uniform, and Post-Retirement Medical benefits after retirement.
Candidates interested in applying for the IREL Management Trainee Recruitment 2023 must possess a degree in a relevant discipline. The educational qualification is an essential criterion, and applicants should ensure they meet the eligibility criteria before applying. The age limit for the applicants is 27 years, with certain relaxations for candidates belonging to reserved categories, ex-servicemen, and candidates from specific regions as per government rules.
- Organisation Name:IREL (India) Limited
- Recruitment Exam Name:IREL Management Trainee (MT) Recruitment 2023
- Post Notified:Management Trainee (MT)
- Recruitment Type:Regular
- Recruitment Category:PSU Jobs
Salary / Pay Scale for IREL Management Trainee (MT)
The IREL Management Trainee Recruitment 2023 offers an attractive salary package to the selected candidates. During the one-year training period, management trainees will receive an approximate gross amount of Rs. 57,000 per month as a stipend. This provides a great opportunity for candidates to gain valuable experience and knowledge while being financially supported during the training phase.
After the successful completion of the training, the Management Trainees will be absorbed as Assistant Managers in the E-1 grade with a basic pay of Rs. 40,000-140,000/-. Additionally, they will be entitled to Industrial Dearness Allowance (IDA), HRA or company accommodation, perks, and various allowances, making the CTC approximately 13.25 lakhs per annum for the Mumbai location. This competitive salary package reflects the company’s commitment to attract and retain top talent.
Benefits of Joining IREL as Management Trainee (MT)
Joining IREL as a Management Trainee offers numerous benefits for aspiring candidates. Apart from the exceptional training opportunities, the company provides a supportive work environment that encourages professional growth and development. The exposure to various units and offices during the training period allows trainees to gain valuable insights into the company’s operations, fostering a well-rounded skill set.
Furthermore, the salary package and comprehensive benefits package offered to Assistant Managers after completing the training are highly attractive. From medical facilities for self and dependant family members to Contributory PF and Post-Retirement Medical benefits, IREL ensures the well-being and financial security of its employees. The company’s commitment to employee welfare makes it an ideal choice for ambitious individuals seeking a rewarding and fulfilling career.
Vacancy Details for IREL Management Trainee (MT) Recruitment 2023
The IREL Management Trainee Recruitment 2023 has announced a total of 35 vacancies, offering a considerable number of opportunities for aspiring candidates. These vacancies are distributed across various disciplines, providing a diverse array of career paths within the organization. Candidates can apply to the specific discipline that aligns with their educational background and interests.
Details of notified discipline and vacancy are provided in the table below –
- Post Name & Discipline:Management Trainee (Engineering) ,Management Trainee (HR),Management Trainee (Finance)
Educational Qualification / Eligibility Criteria for IREL Management Trainee (MT)
To be eligible for the IREL Management Trainee Recruitment 2023, candidates must possess a degree in a relevant discipline. The educational qualification is a crucial criterion to ensure that candidates have the necessary foundational knowledge to excel in their respective roles. Applicants are advised to carefully review the required educational qualifications for their chosen discipline before applying.
Details of notified discipline and required educational qualification / eligibility criteria are provided in the table below –
Post Name & Discipline & Educational Qualification / Eligibility Criteria:
- Management Trainee (Engineering):B.E./B. Tech or its equivalent in Mechanical/Mechanical & Industrial Engineering/ Mechanical & Production Engineering/Production Engineering/ Production Engineering & Management / Production & Industrial Engineering / Mining / Electrical Engineering, Electrical Machine, Power Systems & High Voltage Engineering, Electrical Instrumentation & Control Engineering, Electrical & Instrumentation Engineering, Electrical & Power Engineering, Electrical & Electronics Engineering / Chemical / Mineral
- Management Trainee (HR):Two years fulltime Post Graduate Degree (MBA/MSW)/ Post Graduate Diploma with specialization in Human Resources Management/ Personnel Management/ Industrial Relations/ Organizational Development/ Human Resource Development/ Labour welfare or its equivalent.
- Management Trainee (Finance):Qualified Chartered Accountant (CA)/Cost Accountant (CMA) OR B. Com and MBA (Finance) or its equivalent.
Age Limit for IREL MT Recruitment 2023
The IREL Management Trainee Recruitment 2023 has set the age limit for applicants at 27 years. However, certain categories are eligible for age relaxation as per the government’s rules. For OBC (NCL) candidates, there is a relaxation of 3 years, while SC/ST candidates can avail a relaxation of 5 years. Additionally, candidates with disabilities (PwBD) are eligible for an additional 10-year relaxation.
Ex-servicemen and commissioned officers, including ECOs/SSCOs, have the benefit of age relaxation based on the length of their military service. Furthermore, candidates from Central/State Govt./Semi-Govt./PSU/Govt. Autonomous Organisations and those belonging to the domicile of J&K during the relaxation period from 01.01.1980 to 31.12.1989 can avail a relaxation of 5 years.
Selection Process of Management Trainee (MT) in IREL
The selection process for the IREL Management Trainee Recruitment 2023 is rigorous and comprehensive. It comprises several stages, including a Written Examination, Personal Interview, Pre-Employment Medical Examination, Character and Antecedents (C & A) verification, and finally, the Offer of Appointment. Each stage evaluates different aspects of the candidates’ suitability for the role.
The Written Examination tests the candidates’ knowledge and aptitude in their respective disciplines. Shortlisted candidates will then proceed to the Personal Interview, where their communication skills, problem-solving abilities, and overall suitability for the role will be assessed. The Pre-Employment Medical Examination ensures that selected candidates meet the required medical standards for employment with IREL.
Application Fees for IREL Management Trainee Recruitment 2023
Candidates applying for the IREL Management Trainee Recruitment 2023 are required to pay a non-refundable application fee of ₹500/- (Rupees Five Hundred only), inclusive of GST. This fee is applicable to most applicants; however, certain categories such as SC/ST/PwBD/ESM, women, and internal candidates are exempted from payment of the application fee.
The application fee is a standard practice to ensure the seriousness of applicants and to manage the recruitment process efficiently. It is essential for candidates to carefully review the fee payment instructions and ensure timely submission of the application with the appropriate fee to complete the application process successfully.
Important Dates for IREL Management Trainee Recruitment 2023
Mark your calendars for the IREL Management Trainee Recruitment 2023, as the notification date is 21st July 2023. This date will officially kickstart the recruitment process, and aspiring candidates can start preparing for the upcoming selection stages.
The application process begins on 21st July 2023, giving candidates ample time to gather all the necessary documents and information required for the application. It’s crucial to submit the application before the last date, which is 20th August 2023, to be considered for the selection process. Candidates are advised not to miss this opportunity and adhere to the provided dates for a smooth application process.
- Date of Notification:21.07.2023
- Starting Date of Online Application:21.07.2023
- Last Date of Online Application:20.08.2023
Download Official Notification & Apply Online Link for IREL MT Recruitment 2023
Detailed official notification and online application link for IREL Management Trainee (MT) Recruitment 2023 are provided below