union bank of india, (UBI) released job notification for the posts of vice president (marketing). These Job vacancies or Positions located in city mumbai and state of maharashtra . Total Vacancies/Jobs for the positions of vice president (marketing) are 1. The salary or payscale for the position of vice president (marketing) is a. Lumpsum remuneration restricted to a maximum of Rs.1,75,000/- (Rupees One Lac Seventy Five Thousand only) p.m., depending upon last salary package drawn including perquisites, etc., with an annual increment of 10% of the monthly remuneration amount, payable on proportionate basis. b. Will be entitled for Annual Performance Incentive not exceeding 20% of the total annual remuneration but excluding perquisites, leave encashment and reimbursements, for every 12 months of contractual tenure, subject to satisfactory review. c. Not entitled for any other allowances / terminal benefits / reimbursements whatsoever. d. The annual increment and the Performance Incentive will be released based on a satisfactory review of the predetermined matrixes linked to achievement of the Key Responsibility Areas at intervals of twelve months of contractual tenure. e. However, the terminal remuneration, performance incentive as also leave encashment shall be payable only after satisfactory completion of all the terms & conditions of the contract and achievement of pre-determined matrixes, as the case may be, after the end of contractual tenure. f. Pre-determined matrixes for the purpose of earning annual performance incentives and increments, shall be as under:.

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