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In our comparative analysis series, we are here with a comparative analysis on SBI Clerk vs EPFO SSA. EPFO( Employees Provident Fund Organisation) had recently announced more than 2000 vacancies for the post of Social Security Assistant (SSA) in the EPFO SSA 2019 Recruitment notification while over 8000 clerk vacancies to be expected through SBI Clerk 2020 recruitment. Here is an attempt of a detailed comparative analysis of SBI Clerk Vs IBPS Clerk in terms of their Job profile, responsibilities, salary and career growth.
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SBI Clerk vs EPFO SSA: Roles and responsibilities
1: What does the acronym "ATM" stand for in banking?
SBI Clerk/Junior Associates:
The SBI Clerks/ Junior Associates deals with the front desk works and customer handling works. In any bank, the clerks are the first checkpoint where customers can come and ask their queries. A Clerk performs most of the tasks in a bank. Filling the entries, handling all the cash transactions, handling the customers and solving their problems, etc. are all done by a clerk.
EPFO SSA:
The job of an EPFO SSA is very similar to that of Junior Associate/Clerk in a Public Sector Undertaking(PSU). An EPFO Social Security Assistant would have to support the EPFO Assistant and other higher Officers by providing regular reports and data related to the Employees Provident Fund. She/He would be responsible to collect and record data about EPFO Premiums, Contributions.
EPFO SSA Job Profile
- One of the requirements to be eligible for the post of EPFO SSA is “having more than 5000 Key Depressions per hour.” This means that an EPFO SSA’s work will be related to computers and typing (Data Entry) like that of a Bank Clerk.
- An EPFO Social Security Assistant would have to support the EPFO Assistant and other higher Officers by providing regular reports and data related to the Employees Provident Fund.
- She/He would be responsible to collect and record data about EPFO Premiums, Contributions, etc.
- Proper Maintenance of Data and making it easily available to the officers whenever requested would also be one of the primary responsibilities in EPFO SSA Job Profile.
- Recording and Resolving Queries of EPFO Members would also be one of the responsibilities.
- Based on the department the EPFO SSA is assigned, his/her responsibilities could differ in some way.
SBI Clerk Job Profile
Clerks/Junior Associate is required to assist customers and potential customers through various banking processes. They need to be highly confident and answer every query. They are involved in
1. Document Verification
2. Managing Single Window Counter
3. Attending to Government Treasury Work
4. Update Pass Books
5. Issue Cash Receipts at Counters
6. Clearing and Transferring Cheques and Receipts as per request
7. Verification of Vernacular Signatures
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Join Now!SBI Clerk vs EPFO SSA: Salary
EPFO SSA Salary
Under the 7th Pay Commission pay scale, the EPFO Social Security Assistant will get an entry pay of Rs 25,500 plus other allowances according to the rules that may increase from time to time. SSA is a Group ‘C’ Level 4 post.
EPFO SSA Salary |
|
| Basic SSA Salary | Rs. 25,500 |
| Dearness Allowance DA(@12% of Basic Salary currently) | Rs. 3060 |
| Transport Allowance | Rs. 432 |
| House Rent Allowance HRA@24% of Basic Salary | Rs. 6120 |
| Gross Salary | 42,710 |
SBI Clerk Salary
SBI Clerk Salary |
|
| Basic SBI clerk Salary | 11,765 – 31,540 |
| Special Allowance | Rs.911.79 |
| Dearness Allowance DA(@45% of Basic Salary currently) | Rs.5,312 |
| Transport Allowance | Rs 425 |
| House Rent Allowance HRA@24% of Basic Salary) | 800 – 1176 |
| Gross Salary | 20,000 – 2,5000 |
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SBI Clerk vs EPFO SSA: Promotion and Future Growth
In any bank job, they have a clear policy about promotions. There are much faster promotions in the banking sector than any other sector. But in any Ministry or Government departments, promotion policy is very slow, so it all varies in the EPFO.
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Join Now!SBI Clerk vs EPFO SSA: Perks
An EPFO assistant is a central government job and comparatively better than a PSU job like the SBI Clerk. An EPFO SSA will have a better salary, more allowances, steady growth, complete job security, lesser workload as compared to a bank clerk/PO.
Doing a comparative analysis, it seems while an EPFO SSA job may look brighter in terms of certain factors, the SBI clerk job with its prospects looks more challenging. But the choice is yours, and yours alone to make. Whatever it is, Entri is with you every step you take. With the latest exam updates, mock tests and other preparation material, you will be ready to ace any exam!
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