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EESL Managing Director (M.D.): Remuneration & Perks

Perks and Benefits for Managing Director (M.D.) at Energy Efficiency Services Limited (EESL)

The role of Managing Director (M.D.) at Energy Efficiency Services Limited (EESL) comes with not only a competitive salary but also a range of perks and benefits designed to enhance the overall compensation package and support the well-being and professional growth of the individual. 

monthly remuneration for the position of Managing Director (M.D.) at Energy Efficiency Services Limited (EESL) based on different grades:

Grade	Basic Pay (₹)	Revised Cafeteria (₹)	HRA (₹)	VDA Revised (₹)	Total Monthly Remuneration (₹)
E0	30,000	10,500	7,200	5,520	53,220
E1	40,000	14,000	9,600	7,360	70,960
E2	50,000	17,500	12,000	9,200	88,700
E3	60,000	21,000	14,400	11,040	1,06,440
E4	70,000	24,500	16,800	12,880	1,24,180
E5	80,000	28,000	19,200	14,720	1,41,920
E6	90,000	31,500	21,600	16,560	1,59,660
E7	1,00,000	35,000	24,000	18,400	1,77,400
E8	1,20,000	42,000	28,800	22,080	2,12,880
E9	1,50,000	52,500	36,000	27,600	2,66,100

These figures represent the monthly remuneration for Managing Directors at EESL across various grades. The total monthly remuneration includes the basic pay, revised cafeteria, house rent allowance (HRA), and Variable Dearness Allowance (VDA) revised.

It's important to note that these figures are subject to change and should be verified with the latest official sources.

Let's delve into some of the notable perks and benefits:

1. Healthcare Benefits:

EESL offers comprehensive health insurance coverage, including medical, dental, and vision care, ensuring the Managing Director and their family members receive quality healthcare when needed.

2. Provident Fund (PF):

Eligibility for a provident fund ensures financial security post-retirement. A portion of the salary is contributed to the PF account, providing a nest egg for the future.

3. Superannuation Benefit Fund:

EESL provides a self/company's contributory superannuation benefit fund, helping to build a retirement corpus and ensure financial stability after retirement.

4. Performance-Related Payments:

In addition to the fixed salary, the Managing Director may receive performance-related bonuses or incentives based on the company's performance and individual achievements.

5. Leave Encashment:

Accumulated unused leave days can be encashed periodically, providing additional financial benefits.

6. Company Accommodation or Housing Allowance:

Depending on company policy, the Managing Director may receive company accommodation or a housing allowance to cover rent or mortgage payments.

7. Transport Allowance:

EESL typically provides a transport allowance to cover commuting expenses, including reimbursement for fuel, maintenance, or public transportation costs.

8. Professional Development Opportunities:

Continuous learning and development are encouraged at EESL. The Managing Director may have access to training programs, workshops, and conferences to enhance skills and knowledge.

9. Company Car or Vehicle Allowance:

Some executives receive a company car or vehicle allowance, facilitating convenient travel for official purposes.

10. Flexible Work Arrangements:

EESL offers flexible work hours or remote work options, enabling the Managing Director to maintain a better work-life balance.

11. Other Perks:

Additional perks may include club memberships, mobile phone allowances, and reimbursement for professional memberships.

Remember, specific perks can vary based on company policies and negotiations. For precise details, it's advisable to refer to official company documentation.

Contacting the Managing Director (M.D.) at EESL: