We need 40% hike as because LIC officers were getting 35.55% higher salary than Bank officers

Comparison of Salary of Bank Officers with LIC Officer

• As on 01.11.1992 the Basic Pay of officers of Bank and LIC at entry level were same.

• As on 01.11.2007 LIC officers were getting 14.40% higher salary than Bank officers.

• As on 01.11.2012 LIC officers were getting 18.58% higher salary than Bank officers.

• As on 01.11.2017 LIC officers were getting 35.55% higher salary than Bank officers

So, it is crystal clear that the Bank Officers' salary is drastically being reduced gradually resulting in erosion of wage in comparison to LIC officers. In the same principle of the Pillai Committee recommendation, Bank Officers salary should be at par with the Govt. as well as LIC Officers.

AN IMPORTANT POINT TO NOTE

Of and on it comes for discussions while salary of Central Govt. employees gets revised at 10 years interval, Bank employees' salary is being revised at 5 years interval. Let us analyse, as under, that despite salary revision at 5 years interval how salary of Bank officers is lagging behind during last 23 years duration in comparison to salary of Central Govt. Officers Group- A at entry level onwards. Please also note that 7th Pay Commission has recommended that without waiting for next pay commission the salary should be revised based on the data given by Simla based Labour Bureau.

#WideningSalaryGapwithSuccesiveBPS

#BankersWantCPCNotPeanuts

#YehBhedbhaavKyun ????