Central Government Employees and Bank Employees salary: A comparative Statement

Central Government Employees and Bank Employees salary: A comparative Statement

Here are the comparative reference charts which are to be reported on the eve of forthcoming negotiations between UFBU and IBA.

HIGHLIGHTS: As per the statistics given below, clerical staff working in banks are the worst affected.

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.


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.

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.

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

 

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