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Dhaka Tribune

BB employees get old pay scale salary

Update : 28 Dec 2015, 04:22 PM

The employees of the government banks, including the central bank, have withdrawn their salaries under the old for the month of December although the Finance Minister had promised them the new 8th pay scale for this month.

Bangladesh Bank officials said that they were disheartened by this and also by the fact that their grades have been lowered in the new pay scale.

A central bank official said that the scrapping of time scale and selection grade provisions are also going to hurt them financially.

The Bangladesh Bank and the four state-owned banks have a total of 61,000 employees. Of them, Bangladesh Bank has 4,955, Sonali Bank 23,363, Janata Bank 15,146, Agrani Bank 13,558 and Rupali Bank 4,293.

The gazette for the new pay scale was published on December 15 on the website of the Finance Division.

On September 6, the 8th pay scale for public servants got cabinet consent with a proposal for replacing time scale and selection grade with annual increment of 3.75% to 5%.

Of the 20 grades in the new pay scale, the highest one has seen a 95% hike in basic salary to Tk78,000 (fixed) and the lowest one 101% to Tk8,250.

The cabinet secretary or the principal secretary or those holding equivalent posts will get Tk86,000 (fixed) and a senior secretaries Tk82,000 (fixed) salary.

The new pay scale for 2.1 million civil servants will be made effective retrospectively from July 1, 2015.

Meanwhile, the Bangladesh Bank is now preparing a fresh loan programme for its employees who are supposed avail the loans from the country's banking system.

In other news, public university teachers, who have been venting their anger with the new pay structure terming it discriminatory against them, will draw their new salaries for December on January 2.

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