Friday, August 16, 2013

A comparative report of Central Government Employees and Bank Employees salary…
 
 
 
A popular website of www.allbankingsolutions.com is published an article about a comparison of getting salary between Central Government Employees and Bank Staff…

We are publishing below some comparative charts on the eve of forthcoming negotiations betweenUFBU and IBA which are reported to be held on 12th August, 2013.   Union leaders are shy to discuss such charts as these tables expose the capabilities of such leaders to get an honourable settlement for the bankers.   These charts have not been prepared by me but are sent to us by one of readers (V Subramanian) who has time and again taken keen interest in putting the truthful facts before the bankers.   We give below two charts for perusal by bankers and for drawing their own conclusions :-


MONTHLY SALARY OF CENTRAL GOVERNMENT STAFF AND BANK STAFF (OTHER THAN OFFICERS) AS ON 01-08-2013 – A COMPARISON

Various Components of Monthly Pay
Central Govt. Staff (in Pay Band –1)
Sub-staff in Banks
Central Govt. Staff (in Pay Band – 2)
Clerical staff in Banks
Basic Pay
4,860
5,850
8,700
7,200
Grade Pay
1,800
N I L
4,200
N I L
Special Pay (at the minimum for bank staff)
N I L
340
N I L
500
Total
6,660
6,190
12,900
7,700
Dearness Allowance
5,994 (@90%)
5,506 (@88.95%)
11,610
6,849
H.R.A.
1,998 (@30%)
619 (@10%)
3,870
770
C.C.A.
N I L
N I L
N I L
N I L
Education Allowance (maximum for 2 children)
2,500
500
2,500
500
Transport Allowance
1,140 (600+90% DA)
225
3,040 (1,600+90% DA)
225
Staff Welfare/Provisions
N I L
500
N I L
500
Newspaper
N I L
100
N I L
100
Gross Monthly salary
18,292
13,640
33,920
16,644

MONTHLY SALARY OF CENTRAL GOVERNMENT STAFF AND BANK STAFF (OTHER THAN OFFICERS) AS ON 01-08-2013 – A COMPARISON

Various Components 
of Monthly Pay
Central Government Officers (in Pay Band – 3 – 
Stage I)
Bank Officers 
in JMGS I
Central Government Officers (in Pay Band – 3 – 
Stage II)
Bank Officers 
in MMGS II
Central Government Officers (in Pay Band – 3 – 
Stage III)
Bank Officers 
in MMGS III
Basic Pay
15,600
14,500
18,930
19,400
21,900
25,700
Grade Pay
5,400
N I L
6,600
N I L
7,600
N I L
Total of Basic + Grade Pay
21,000
14,500
25,530
19,400
29,500
25,700
Dearness Allowance
18,900 
(@90%)
12,898 
(@88.95%)
22,977
17,256
26,550
22,860
H.R.A.
6,300 
(@30%)
1,233 
(@8.5%)
7,659
1,649
8,850
2,185
C.C.A. 
(Maximum@4% for bank officers)
N I L
540
N I L
540
N I L
540
Education Allowance(maximum for 2 children)
2,500
N I L
2,500
600
2,500
1,000
Transport Allowance / Monthly Conveyance
6,080 
(3,200+90% DA)
2,200 
(30 litres of petrol)
6,080 
(3,200+90% DA)
3,000 
(40 litres of petrol)
6,080 
(3,200+90% DA)
3,750 
(50 litres of petrol)
Staff Welfare
N I L
500
N I L
500
N I L
500
Staff Entertainment Expenses(prorata)
N I L
300
N I L
400
N I L
500
Gross Monthly salary
54,780
32,171
64,746
43,345
73,480
57,035

Note:
1.   As regards Education Allowance, Staff Welfare/Maintenance Expenses and Newspaper subscription paid to
 bank staff, the average prevailing at the industry level has been taken into account, to have a fair and reasonable comparison.

2.   In some banks, cost of 15 litres of petrol is reimbursed as ‘Conveyance Allowance’ to award staff, besides the above.  At the present prices, this will be Rs.1,100 extra.

3.   If we compare the limited working hours a day and 5 day week for the central government staff, bank staff  need to be paid additional amount of compensation for the extra hours worked (15% more than the central government staff).

4.   The volume and varieties of work handled by a bank staff are beyond comparison.

5.   If someone moots the topic of concessional loans for bank staff, ask them to consider these points so far as the bank employees are concerned:
(a)  There is
 no tax liability on the perquisites paid to the government staff.
(b) Number of transfers of a government staff is far less compared to his counterpart in a
 bank.
(c)  If the amount of risks and responsibilities is any criterion,
 the bank employees (other than officers) must be paid not less than 150% of the salaries paid to the central government staff.
(d) Central government staff enjoy stagnation-free running scale, throughout their career.
(e)  Whenever the
 pay scales of central government staff are revised, their pension also undergoes automatic revision, for all types of pensioners.

6.     If we look at the statistics given above, clerical staff working in banks are the worst affected.

7.     In fact, a clerk in Central Government service earns a monthly salary of Rs.33,920, whereas the monthly salary of JMGS I officers in a bank is Rs.32,471 (both at the beginning of the scale).  This is the mother of all injustice.

Source: www.allbankingsolutions.com
[http://www.allbankingsolutions.com/Wage-Revision/Xth-Bipartite-Settlement/Comparative-Salaries-in-GoI.htm]

2 comments:

  1. one one officer will be in the central govt for each distrit. whereas every bank has more than than two officers. The comparison is not valid. The posts of bank officers are more than officers in the central govt. The nature of work in the central officers are excecutive nature nature and where as the bank officers of operative nature. The comparision is nothing but misleading. The bank officers are nothing but supervisors in the Post offices. This should be taken view by the viewers. The supervisors in the post offices are less paid wherein compared to the bank officers,

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  2. do not mislead by seeing this chart. The central govt. employees are less paid comparatively with even state govt. employees, The pay revision is being done for more than ten year in the central govt.

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