Large state run lender are seeking to break away from the system of old negotiating periodic industry wide wage settle ment with the union and decided their own pay structure
Lender susc as SBI and PNB 1st and 2nd largest psu in india are exploring the idea of moving with variable pay structure which willbe based on the performance of their employee.
SBI is looking to introduce an employee stock ownership plan grading system based on an employee performance said a senior sbi official on condition of anonymity
PNB plan to approach to its board with a proposal to introduce performance based pay for all of its official above the level of chief manager
Today an employee salary is predictable. There is a need to recognize performance and to give remuneration. We have formed a internal committee of general manager to work on this matter and submit the proposal to board
Usha Ananathasubramanium Managing Doirecrot and chief Excutive office of PNB said today.
Till today SBI, PNB and BOB not sent their consent to iba regarding 11th BP as per IBA REQUEST.. Only few small and medium bank like union bank vijaya ban syndicate bank bank of maharastra and dena bank sent their consent.
Lender susc as SBI and PNB 1st and 2nd largest psu in india are exploring the idea of moving with variable pay structure which willbe based on the performance of their employee.
SBI is looking to introduce an employee stock ownership plan grading system based on an employee performance said a senior sbi official on condition of anonymity
PNB plan to approach to its board with a proposal to introduce performance based pay for all of its official above the level of chief manager
Today an employee salary is predictable. There is a need to recognize performance and to give remuneration. We have formed a internal committee of general manager to work on this matter and submit the proposal to board
Usha Ananathasubramanium Managing Doirecrot and chief Excutive office of PNB said today.
Till today SBI, PNB and BOB not sent their consent to iba regarding 11th BP as per IBA REQUEST.. Only few small and medium bank like union bank vijaya ban syndicate bank bank of maharastra and dena bank sent their consent.
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