Good evening aspirants, Today we are with a special article on salary, perks and allowances of AAI JE ATC . Hope you find this informative and helpful.
Name of the organisation : Airport authority of India Limited
Type of organisation : Mini ratna category 1 PSU, Government of India
Name of the post : Junior executive Air traffic control
Basic pay : Rs. 40000
DA rate as on 01/07/2020 : 17.8%
HRA rate : 24/16/8%(As per city classification)
Annual increment rate : 3%
Perks and allowances : Cafeteria approach to be followed @ 35% of basic pay (It consists of 8-10 different allowances like children education allowance, Conveyance and transport, vehicle maintenance, canteen, LTC )
Overtime and shift duty allowance : Rate is fixed on per hour basis for each category of employee.
Performance linked allowance : As per DPE guidelines.
Other perks include Mobile handset reimbursement, special area allowance etc.
Gross salary :Rs.70000(By considering 24% HRA)
Note : CTC : This means cost to company i.e. total cost that a company would incur on an employee. Now, in notification it is mentioned that JE will get 12 lakh CTC . So, this consist of gross salary, other special allowances as per posting location and other contributions made by employer like PF and medical benefit etc.
Contribution made by AAI towards PF, Gratuity and pension fund : 30% of (basic+DA) = Rs. 14000
Net salary : Rs. 58000-60000(After deduction of Income tax, PF , professional tax etc.)
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