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This is an old post, and I can see you replied 3 years ago and talked about 17 years of career.
1st thing.
https://www.sebi.gov.in/monthlypay-allowance.html
link to pay and allowance and this overall doesnt even have complete gross salary and is without housing
I went to the SEBI directory, available on their website. and searched LAD first name pop-ups.
D.V. SEKHAR, CGM, currently 21 years in SEBI—gross pay, which is not the full pay, is close to 5.9 lakhs a month
Since you talked about 17 years, found another one.
AYAN MUKHERJEE Joined in 2009, currently 17 years old - Gross pay is 3.62 lakhs a month.
And this gross pay are not even the exact actual pay
another person who joined 4 years ago
DEEPAK SAROJ joined in Aug 2022 with 1.48 gross per month. Again, this is without housing and other things, so it's nowhere close to whatever 10 lakh you are quoting and whatever 17 years of career you are saying.
At least do proper research.
Peace.
SEBI at least for Legal Officers is an incredibly lucrative job. There are many Judicial Services toppers across India who are still writing SEBI law officer exam.
I am a judicial Officer in rural maharashtra - I have friends in law firms, chambers and all government offices. I will tell you why nobody moves from SEBI -
1. Insane Salaries - Starting salary for a fresher (CTC) is far far more than a Judicial Officer and even top law firms (18LPA)
This salary over the years can go upto 40LPA - all inclusive.
2. MUMBAI - forever in Mumbai. Imagine? Most Government jobs have harsh transfers all across India. Most of SEBI Legal work is done in Mumbai. Same office.
As a Judicial Officer - living in Mumbai is a dream come true. Most of your life is wasted in rural Tier 9 towns.
3. Career - you can go almost till the top in SEBI.
You will get extremely interesting and complicated work.
As a judicial Officer mostly you will end up as a PDJ. HC/SC Judgeships are almost reserved for the likes of Chandrachud's, Narimans, Lalita and other big family names. Initial 10 years of your judicial Officer life you will be stuck up with stupic cases and dumbest lawyers.
4. Work Life - Obviously 100 times better than at a law firm. SEBI is a 10 to 5 job. I have heard it's more convenient than even a Judicial Officers job.
+ STABILITY - Salary till 60, as long as you yourself is not a fraud. You won't be fired.
So
My POV, I WON'T understand why should people even leave a sebi law officer job.
Have heard a few names of those who exited SEBI and started Hardcore boutique Securities Litigation law firms.