Monday, December 5, 2011

Bank officers seek parity with SBI for pay and benefits

All India Bank Officers Association recently wrote a letter to Ministry of Finance with the following demands :
1. Extension of special package of 6.5% of Revised Basic pay to officers of State Bank of India with effect from 01.11.2007.
2. SBI offers to its new recruits 4 more increments than what nationalized Banks offer. This anomaly to be rctified.
3. SBI has scheme under which its officers are given automatic upgradation of scales, based on seniority, upto Scale III.  This to be extended to other banks also.
4. Further, SBI provides three retiral benefits to its employees.  Pension, Provident Fund and Gratuity.  But in Nationalised Banks, officers get only two retiral benefits viz., Pension and Gratuity.  This disparity leads to discrimination even after one’s retirement from service.
5. 5day's week to be introduced in Banking sector.
View the Full Text of the letter

No comments :

Contact Us

Viewers may share any information with the administrator in this email
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "" and I will remove it immediately on demand. All the other standard disclaimers also apply.