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 between UFBU 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.
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.
(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]
[http://www.allbankingsolutions.com/Wage-Revision/Xth-Bipartite-Settlement/Comparative-Salaries-in-GoI.htm]
See also: Revision of Pay and Pension of Bank and Central Govt Employees
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