The Indian Space Research Organisation (ISRO) is a dream workplace for many engineers in India. Known for its cutting-edge technology and space missions, ISRO offers not just a prestigious job but also a lucrative salary package. This article aims to provide a detailed breakdown of the salary, perks, and benefits that an engineer can expect at ISRO.
Salary Structure According to 7th Pay Commission
ISRO follows the 7th Pay Commission for its salary structure. An engineer at ISRO at the level of Scientist/Engineer ‘SC’ can expect a basic pay of Rs. 56,100 per month.
Gross Salary
The gross salary includes various components:
- Basic Pay: Rs. 56,100
- Dearness Allowance (12% of BP): Rs. 6,732
- House Rent Allowance (24% of BP): Rs. 13,464
- Transport Allowance: Rs. 7,200
- DA over TA (12% of TA): Rs. 364
- Total Gross Salary: Rs. 84,360 per month
In-Hand Salary
After deductions like Income Tax, NPS, and other minor deductions, the in-hand salary comes around Rs. 72,360 per month.
Allowances and Benefits
ISRO offers a variety of allowances and benefits, including:
- Dearness Allowance: To counter inflation.
- House Rent Allowance: For housing.
- Transport Allowance: For daily commuting.
- Provident Fund: For long-term savings.
- Performance-Related Incentive Scheme: Based on performance.
- Medical Facilities: For the employee and dependents.
Salary Deductions
Understanding the deductions is crucial for a complete picture of the in-hand salary. Here are the typical deductions:
- Income Tax: Ranges from Rs. 3,000 to Rs. 6,000 per month
- NPS (10% of Basic Pay): Rs. 5,610
- Canteen: Rs. 300
- Medical Facility: Rs. 200
- Insurance: Rs. 300
- Education: Rs. 400
- Total Deductions: Approximately Rs. 12,000
Net In-Hand Salary
After these deductions, the net in-hand salary would be approximately Rs. 72,360 per month.
Career Growth and Promotions
ISRO offers substantial career growth opportunities. Promotions are generally performance-based and occur every three years, elevating you to higher Scientist positions with varying grades.
Job Profile and Responsibilities
Engineers at ISRO are involved in a variety of tasks, including:
- Research and Development
- Planning and Testing frameworks
- Managing subordinate staff
- Contributing to ongoing and future projects
Final Takeaway
Working as an engineer at ISRO is not just prestigious but also financially rewarding. With a plethora of allowances, a decent pay scale, and promising career growth opportunities, it is a sought-after position for engineering graduates in India.
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