LIC Recruitment 2020: LIC notification released for 218 AE and AAO vacancy, check details hereFebruary 25, 2020
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UIIC AO Salary 2021: The United India Insurance Company Limited will soon announce the recruitment of Administrative Officer- Scale I (AO). Working at the UIIC as an AO is highly rewarding, both salary and reputation wise. UIIC AO salary comprises a good package along with several other perks and allowances. Along with a good UIIC AO Salary, you also get promotions and other feathers added to your cap. The job profile includes several other works along with the administrative work. Read on to know more about UIIC AO Salary.
|Name of the exam||UIIC AO 2021|
|Conducting body||United India Insurance Company Limited|
|Name of the post||Administrative Officer (AO)|
|Mode of application||Offline|
|Probation period||1 year|
The basic pay in UIIC AO salary (Administrative Officer- I) is Rs.32795-1610(14)-55335-1745(4)-62315 and other admissible allowances as applicable in terms of the General Insurance (Rationalization of pay scales and other conditions of service of officers) Scheme, 1975 as amended from time to time. The detailed breakdown of the pay structure is given in the table below.
|Salary||Annual Increment||Number of Years of Service|
The newly recruited Administrative Officer basic pay will be around Rs 48,000 in metropolitan cities along with other admissible allowances. It is to be noted that allowances may vary depending upon the place of posting. Along with UIIC AO Salary and Benefits, the emolument sums up to Rs 63,000 per month (approx).
Besides emoluments, a UIIC Administrative Officer receives other benefits like Non-Practicing Allowance @ 25% of Basic Pay, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance, Performance Linked Incentive (PLI) and National Pension System as applicable would be extended as per rules of the Company. The administrative officers are also entitled to the company’s leased accommodation as per norms.
Working as a UIIC Administrative Officer is undoubtedly a wonderful feeling. The position offers high job security and career growth here is immense. Along with a good package and goodwill, this position brings you several benefits.
Every job has its disadvantages too, and why not! after all, working in midst of turbulence and pressure has its own perks.
The work of a UIIC AO is not limited to just the administrative work but comprises the following work as well:
Upon getting selected as the UIIC Administrative Officer, you will have to serve a probation period of 1 year. This period may be extended by 6 months at a time up to a maximum of one year. During the probation period, the United India Insurance Company evaluates your work at the end of the probation period and accordingly decides whether you should be retained as a full-time employee or not.
Before joining as an Administrative Officer, you will be required to sign a bond of serving the company for a minimum of four years. If you wish to resign before four years, you will be liable to pay one year’s gross salary paid to you during your probation period in addition to an amount of Rs 25,000 towards the partial cost of training.
The post you get are permanent in nature but in an uncertain event, you might get transferred anywhere in India as decided by the company. Due to a high number of vacancies in the Western and Southern zones of India, the candidates who get selected can expect their posting in the Wester or Southern offices.
Owing to the goodwill that this position brings in, working as a UIIC AO is anyone and everyone’s wish. The AO position not only brings you good name and respect but also benefits you with salary increment and promotion. UIIC AO Salary is indeed a package that cannot be missed out easily. Along with the UIIC AO Salary, there are many other perks that will lead you to apply for this position. So, hold your horses and start off with your preparation for the exam right away.
Here are some of the most commonly asked questions about UIIC AO Salary.
|Q. What is the salary of UIIC AO?|
A. Salary Structure and Pay Scale for UIIC AO.
Basic Pay (monthly): Rs. 32,795
Pay Scale: 32795 – 1610 (14) – 55335 – 1745 (4) – 62315
Total Salary (monthly): Rs. 51,000 (approx.)
|Q: Does UIIC AO salary increase with time?|
A: Yes. UIIC AO salary will increase periodically. The salary is also revised periodically. The details are given in this article.
|Q: Does UIIC AO Salary vary as per location?|
A: Yes. UIIC AO salary may vary slightly according to location of posting due to variations in House Rent Allowance (HRA).
|Q: From where can I know complete details about UIIC AO Salary?|
A: Candidates can check UIIC AO salary from this article.
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