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What is the salary of Management and Officer Level posts of REC Limited Company?

REC Limited Overview:

1. Corporate Overview:
  - Name: REC Limited (Formerly Rural Electrification Corporation Limited)
  - Headquarters: New Delhi, India
  - Employee Count: Approximately 1080 employees
  - Founding Year: 1969

2. Business Focus:
  - Sector: Financial services in the oil and energy sector.
  - Operations: Provides financial assistance to the power sector including generation, transmission, and distribution.
  - Funding: Relies on market borrowings such as bonds, term loans, and foreign borrowings.

3. Corporate Structure:
  - Listing: National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
  - Offices: Network of 22 Regional Offices across India, with corporate headquarters in Gurugram and registered office in New Delhi.

4. Ratings:
  - International Ratings: "BBB-" (Standard & Poor's) and "Baa3" (Moody's)
  - National Ratings: "AAA" (CRISIL and ICRA)

5. Mission:
  - Objective: Primarily focuses on promoting rural electrification projects nationwide.
  - Support: Provides financial assistance to state electricity boards, state government departments, and cooperative societies for rural electrification initiatives.

 

Post	Grade (E)	Salary Range
Deputy General Manager	E-7	₹1,00,000 - ₹2,60,000
Chief Manager	E-6	₹90,000 - ₹2,40,000
Assistant Manager	E-3	₹60,000 - ₹1,80,000
Deputy Manager	E-4	₹70,000 - ₹2,00,000
Manager	E-5	₹80,000 - ₹2,20,000
Assistant Officer	E-0	₹30,000 - ₹1,20,000
Officer	E-2	₹50,000 - ₹1,60,000

 

How to Apply for Jobs at REC Limited:

If you're interested in applying for a job at REC Limited, here's a step-by-step guide:

1. Visit REC Website: Go to the official REC website at [recindia.nic.in/careers](https://recindia.nic.in/careers).
  
2. Explore Career Opportunities: Navigate to the "Career Opportunities in REC Limited" section.

3. Select Apply Online: Choose the "Apply Online" option corresponding to the latest REC vacancy.

4. Complete Application Form: Fill out the REC Application Form with accurate personal and professional information.

5. Upload Documents: Make sure to upload all the necessary documents as required by the application.

6. Payment: Proceed to the application fee payment section, if applicable.

7. Review and Submit: Verify all the details you've provided in the application form and submit it.

Remember to carefully review the detailed advertisement for the job position you're applying for and follow all the specified instructions. 

Promotion Process at REC Limited:

At REC Limited, promotions are merit-based and depend on several factors including performance, experience, and adherence to company policies. Here's an overview of the promotion process:

1. Eligibility:
  - Employees become eligible for promotion based on their performance, seniority, and adherence to company policies.
  - Eligibility criteria may vary depending on the specific position and department.

2. Performance Evaluation:
  - Regular performance evaluations are conducted to assess an employee's work, skills, and contributions.
  - High-performing individuals are often considered as potential candidates for promotion.

3. Vacancies and Openings:
  - When a higher-level position becomes vacant, the company advertises it internally.
  - Employees have the opportunity to apply for these positions based on their qualifications and experience.

4. Application and Selection:
  - Interested employees submit applications for the open positions.
  - A selection committee is responsible for reviewing applications, conducting interviews, and assessing candidates.

5. Assessment Criteria:
  - Various factors are considered during the assessment process, including experience, skills, performance, and alignment with the company's goals.
  - The selection committee evaluates each candidate's suitability for the new role.

6. Promotion Decision:
  - Based on the assessment, the selection committee recommends candidates for promotion.
  - Final decisions regarding promotions are made by higher management.

7. Communication and Implementation:
  - Successful candidates are formally notified about their promotion.
  - They undergo a transition period to their new roles, which include updated responsibilities and benefits.

It's important to note that specific details of the promotion process may vary based on the position, department, and organizational policies. For precise information, it's advisable to refer to the official REC Limited policies and announcements.