Introduction
SEBI provides some special extra allowance to their employees appointed as a Assistant Manager. SEBI Assistant Manager Salary and Perks section covers the details about the PayScale and the other allowances & perks of an SEBI Assistant Manager Job post.
The perks and allowances add up to the overall salary of the SEBI Assistant Manager and thus increases the in hand salary factor for a Assistant Manager.
Probation
The successful candidates recruited for the post of Officer Grade ‘A’ shall undergo probation of two years. The candidates shall be confirmed in the services of SEBI subject to their satisfactory performance during the probation period.
Pay
The pay scale of officers in Grade A is Rs. 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600-2000(1)-55600 (17 years). Presently, the gross emolument including SEBI’s Contribution towards National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance etc. at Mumbai at the minimum of this scale is approx. Rs. 92,000/- p.m. without accommodation and Rs. 62,000/- p.m. with accommodation.
Benefits
Following are the benifits amissible to an Officer in Grade A in SEBI.
- Leave Fare Concession
- Medical Expenses
- Eye Refraction
- Education
- Allowance
- Financial Dailies
- Book Grant
- Briefcase
- Conveyance Expenses
- House Cleaning Allowance
- Staff Furnishing Scheme
- Scheme for Purchasing Computers
- Subsidized Lunch Facility and all other
Posting
The incumbent may be posted and transferred to any location in India where SEBI has its Offices. The recruited officers may be posted to any department of SEBI, irrespective of stream.
Career
SEBI Assistant Manager Career Growth:
Grade A is the entry-level managerial post. An executive director is a top-level post in the organization. Chairman and whole-time members of the organization are usually IAS officers, but the Executive director can also be promoted to chairman.
The chart below shows the different promotion levels in the SEBI organization:
Promotions in SEBI is very slow it takes 5-6 years or more to get promotions.