IFFCO AGT Salary
The IFFCO AGT (Agriculture Graduate Trainee) program offers an attractive salary package, making it an appealing career choice for agriculture enthusiasts and recent graduates. The salary structure is designed to reward the skills and dedication of individuals joining the agribusiness sector.
IFFCO AGT Salary 2024
As of 2024, the IFFCO AGT salary continues to be competitive, reflecting the organization’s commitment to attracting and retaining top talent in the agricultural domain. The remuneration package comprises a combination of fixed and variable components, ensuring that employees are rewarded for their performance and contributions to the company’s growth.
IFFCO AGT Salary – Overview
The salary structure for IFFCO AGT positions encompasses various components to provide a comprehensive package.
Basic Salary
The basic salary forms the core of the compensation and is a fixed amount paid regularly. It serves as a foundation for other benefits and allowances.
Dearness Allowance (DA)
IFFCO provides a dearness allowance to its AGTs, adjusting their salary to account for the cost of living. This ensures that employees can maintain their standard of living despite inflation.
Performance-Based Incentives
To motivate and recognize outstanding performance, IFFCO includes performance-based incentives in the salary structure. Employees have the opportunity to earn additional rewards based on their individual and team achievements.
Provident Fund (PF)
The company typically contributes to the provident fund, promoting financial security and stability for employees in the long run.
Medical and Insurance Benefits
IFFCO AGTs often enjoy health insurance and medical benefits, ensuring their well-being is taken care of. These benefits contribute to a holistic compensation package.
Training and Development
Apart from monetary compensation, IFFCO invests in the professional growth of its AGTs. Training and development programs are integral, allowing employees to enhance their skills and progress in their careers.
IFFCO AGT Salary 2024 – Structure
Check out the table below to know the IFFCO AGT Salary Structure:
Particulars | Details |
Present Stipend | Rs. 33,300/- p.m |
Basic Pay after 1 year training | Rs.37000/- p.m |
Dearness Allowance (DA) | Rs. 12648/- p.m |
House Rent Allowance (HRA) | Rs. 10044/- p.m |
Travel Allowance | Rs. 4824/- p.m |
Gross Salary | Rs. 64716/- p.m |
Annual Package | Approx 8 lakhs per annum |
IFFCO AGT Salary 2024 – Training Period
The aspirants who will clear the IFFCO AGT Exam will be appointed. They will have to undergo a training period of 1 year after appointment. During the training, they will be entitled to receive a monthly stipend of Rs 33,300.
IFFCO AGT Salary 2024 – Service Bond
On appointment, the Trainees belonging to General/ OBC category would be required to furnish a service bond of Rs. 80,000/- and in case of SC/ST category Rs. 20,000/- for serving for a minimum period of 3 years after successful completion of training.
IFFCO AGT Salary 2024 – Job Profile
The nature of duties and responsibilities of the incumbents in IFFCO involve extensive
touring in Rural areas. Check out the IFFCO AGT Job Profile below:
1. Field Operations:
AGTs are actively involved in field operations, working closely with farmers to understand their needs, providing guidance on best agricultural practices, and facilitating the adoption of modern farming techniques.
2. Product Knowledge and Promotion:
Understanding IFFCO’s range of agricultural products is a crucial aspect of the job. AGTs are responsible for promoting and educating farmers about these products, ensuring they make informed decisions for their crops.
3. Market Intelligence:
Keeping abreast of market trends and agricultural innovations is vital. AGTs gather and analyze market intelligence, providing valuable insights that can enhance farmers’ productivity and profitability.
4. Training and Extension Services:
AGTs play a pivotal role in conducting training sessions and extension services. They educate farmers on the latest technologies, sustainable practices, and advancements in agriculture to empower them with knowledge.
5. Customer Relationship Management:
Building and maintaining strong relationships with farmers is a key aspect of the job. AGTs act as a bridge between IFFCO and the farming community, ensuring a collaborative and supportive partnership.
Related Links |
IFFCO AGT Previous Year Papers |
IFFCO AGT Salary 2024 – FAQs
Initially, the candidates will have to undergo training where they will get the stipend of Rs. 33,300.
Yes, there is a probation period for IFFCO AGTs which is the training period of 1 year. The salary will be provided after the training, till then aspirants will receive stipend.
IFFCO AGTs enjoy benefits like health insurance, accommodation, travel allowances, etc in addition to their salary.
Salaries for IFFCO AGTs are disbursed on a monthly basis through bank transfers.
Yes, IFFCO encourages internal growth, providing opportunities for salary increments and promotions based on performance.
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