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what is the salary of Managing Director of EESL

The salary of the Managing Director (MD) of Energy Efficiency Services Limited (EESL) in India is not explicitly stated in the public domain. However, EESL follows a grade-based pay scale for its employees. The pay scales for different grades (E0 to E9) are mentioned below:

GradeStarting Basic (Rs.)Revised Cafeteria (35% of Basic)HRA X City Revised (24% of basic) if posted in X City according to the Govt of India notificationVDA revised (18.4% w.e.f. 01.07.2020)Sum
E030000105007200552053220
E140000140009600736070960
E2500001750012000920088700
E360000210001440011040106440
E470000245001680012880124180
E580000280001920014720141920
E690000315002160016560159660
E7100000350002400018400177400
E8120000420002880022080212880
E9150000525003600027600266100

In addition to the basic pay, perquisites/allowances up to 35% of the basic pay, medical treatment and reimbursement, self-contributory superannuation fund, provident fund, performance-related payment are also admissible as per company rules. The rate of increment (E1-E9) is 3% of the basic pay drawn on the date of increment.

Please note that the MD of EESL would likely be in the higher grades (E7 to E9), but the exact grade and therefore the exact salary would depend on various factors including experience, tenure, and company policies.

The specific salary of the MD would need to be obtained through internal company sources or disclosed by the company itself.

Energy Efficiency Services Limited (EESL) offers its employees not only a basic salary but also various additional benefits. Here is a list of salary and perks for different positions:

Salary Table:

PositionExperienceSalary Range (per annum)Source
Technical Support Engineer0 - 5 years₹1.5 Lakhs - ₹3.5 LakhsSource²
Technical Support Executive0 - 3 years₹1.5 Lakhs - ₹3.2 LakhsSource²
Regional Sales Executive0 - 5 years₹1.8 Lakhs - ₹4.9 LakhsSource²
Network Engineer3 - 4 years₹3.0 Lakhs - ₹4.8 LakhsSource²
Regional Sales Manager2 - 3 years₹3.0 Lakhs - ₹6.5 LakhsSource²

Perks and Benefits:

In addition to the basic salary, employees of EESL receive various perks and benefits:

  1. Perquisites/Allowances: Employees may receive additional allowances of up to 35% of the basic salary.
  2. Medical Treatment and Reimbursement: As per company policy, employees are eligible for medical treatment and reimbursement.
  3. Self-Contributory Superannuation Fund: EESL provides employees with a self-contributory superannuation fund.
  4. Provident Fund: Employees are eligible for the provident fund.
  5. Performance-Related Payment: According to company policies, employees may receive additional payments based on performance.

Additionally, employees may receive other benefits as per company policies and regulations. Please note that this information is publicly available and subject to company policies¹².

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