LIC ADO Salary | In Hand Package After Wage Revision, Incentives, Job Profile
LIC ADO Salary
LIC ADO Salary: Apprentice Development Officer Job represents as a marketing job In LIC which involves recruitment of agents and providing business to a branch office. LIC ADO Salary is based on the amount of policies, you bring for the corporation.
To get to know about the detailed Apprentice Development Officer working and complete ADO Salary In Hand Package After Wage Revision, Incentives, Job Profile, Individuals need to go through the below segment of this page comprehensively.
Apprentice Development Officer Job is quiet Challenging but the freedom of working hours, and the incentive amounts based on performance makes it more worthy. Generally a LIC ADO earns more incentive amount than their salary amount.
The team of www.privatejobshub.in is preparing the detailed LIC ADO revised salary on this webpage so that you will learn more about Apprentice Development Officer Jobs in LIC.
LIC ADO Salary
LIC ADO Salary Structure:
An Apprentice Development Officer receives a fixed amount as stipend per month during the apprentice period from Life Insurance Corporation. Currently amount of LIC ADO stipend is about Rs.23836/- per month, except in case of candidates selected from LIC Employees category
- LIC ADO Salary In Hand 2018: Rs. 25,000-30,000/-
- LIC ADO Salary Scale: Rs. 17240-840(14)-29000-910(4)-32640
LIC ADO Salary After 7th Pay Commission:
If Candidates appointed as a Probationary Development Officer, then they will get the Rs.11535/- per month as in hand salary (except for Employee Category candidates). LIC ADO Salary After 7th Pay Commission will be given according to the scale of 11535-700(2)-12935 - 825(2) -14585 -840(17)-28865.
Other perks and allowances include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, vehicle advance will be admissible as per the rules of Life Insurance Corporation.
LIC ADO Incentives:
If we talking about regular or fixed pay in Life Insurance Corporation of India then LIC ADO Job Profile is more incentive-based and target oriented. The more business you bring as an LIC ADO, the higher your incentives and bonus becomes.
Hence, your final salary as an LIC ADO depends upon the business you generate for the company. Few of the common perks and benefits enjoyed by an LIC ADO are
- Transport Allowance (TA)
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- City Compensatory Allowance (CCA)
Life Insurance Corporation ADO Job Profile:
Life Insurance Corporation Apprentice Development Officer (ADO) handles both marketing and sales area. Individuals get pre-emptive training to u8nderstand the existing LIC policies and areas where sales can be obtained easily.
The Duties Of ADO Include:
- Recruit agents for selling LIC policies to assigned area
- Providing training to the selected agents working under ADO guidance
- AOD need to analyze the overall performance of each agent and find out their marketing capabilities and shortcomings.
- Motivate the agents to acquire maximum sales in given time period.
- Assign a target quota and maintain overall integrity in sales.
LIC ADO – Work Pressure & Environment:
Life Insurance Corporation Apprentice Development Officer (ADO) Job profile is basically related to the sales and marketing along with coordination with a team of LIC agents. LIC ADO job profile demands a lot of management skills and innovative thinking which increase the sales product.
LIC ADO Job Security:
Apprentice Development Officer also gets administrative tasks too but mostly they have to develop the sales strategy for the team. LIC ADO bonus depends on sales procurement. And yes though Life Insurance Corporation of India is not a fully government organization, so the job security is on the lower end in case of LIC ADO.
Check Here: Private Jobs Vs Government Jobs
LIC ADO Career Growth and Promotion:
The career growth and promotions are not that great in Insurance sector. It takes about 8 years to get a promotion in Life Insurance Corporation.
LIC ADO Career Graph:
- Apprentice Development Officer
- Development Officer
- Assistant Branch Manager (ABM)
- Branch Manager (BM)
- Senior Branch Manager (SBM)
- Assistant Divisional Manager (ADM)
- Divisional Manager
- Senior Divisional Manager
- Regional Manager
We hope that the information provided us regarding LIC ADO Salary will be beneficial for you. Candidates having any query regarding this page may ask freely by leaving comment in the below available comment box. Our team of www.privatejobshub.in will try their best in solving your problem as soon as possible.
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