Reliable Brokers
Online Investing
Alerts & Analysis
Easy Trading

Bankers’ pay scale stuck again

Update : 10 Jun 2014, 07:24 PM

The fate of separate pay scale for the bankers has been stuck again. The government has decided to get pay commission’s recommendation about it.

The separate pay scale for Bangladesh Bank and four state-owned commercial banks would not be announced before the national pay scale announcement, Bank and Financial Institutions Division Secretary Dr M Aslam Alam told the Dhaka Tribune yesterday.

“It would not be logical to announce the separate pay scale while preparing the new national pay scale,” he said. “We have missed the train as the authorities failed to announce the scale before January 5 election.”

Besides, the implementation division of the finance ministry prepared a document on recommendation for the separate pay scale, which suggested taking advice from the permanent pay commission now working on the issue.

Last year, the law ministry had informed the implementation department of finance division that the separate pay-scale could be executed under the existing legal framework and amendment would not be required.

Bangladesh Bank and the four state-owned banks have a total of 61,000 staffs.  Bangladesh Bank has 4,958 staffs while Sonali Bank 23,363, Janata Bank 15,146, Agrani Bank 13,558 and Rupali Bank 4,293. The separate pay scales for the banks got stuck due to legal complexities. 

Top Brokers