Hi everybody,
Now, after wasting our time for more than a year, we have been told that the IBA has offered us a 10 per cent raise in our salaries!
What’s your first feeling on hearing this?
My initial reaction is simply outrageous. Atrocious!
Yes, my dear friends, this is not only unacceptable but also puts the employees in utmost shame.
India’s national income has recorded an average annual growth of over nine per cent in the last four years.
In line with the economy’s growth, our PSBs too have shown an average annual growth of between 20 and 40 per cent depending on the individual bank.
But, how much of this growth has been shared with the employees, who are the bedrock of these organizations?
To make matters simpler, a study was done taking into account the Group-wise average figures for two groups – SBI and Associates Group (SBG) consisting of eight banks and Nationalized Banks (NBG) consisting of twenty banks. All figures are from the RBI website
Now, after wasting our time for more than a year, we have been told that the IBA has offered us a 10 per cent raise in our salaries!
What’s your first feeling on hearing this?
My initial reaction is simply outrageous. Atrocious!
Yes, my dear friends, this is not only unacceptable but also puts the employees in utmost shame.
India’s national income has recorded an average annual growth of over nine per cent in the last four years.
In line with the economy’s growth, our PSBs too have shown an average annual growth of between 20 and 40 per cent depending on the individual bank.
But, how much of this growth has been shared with the employees, who are the bedrock of these organizations?
To make matters simpler, a study was done taking into account the Group-wise average figures for two groups – SBI and Associates Group (SBG) consisting of eight banks and Nationalized Banks (NBG) consisting of twenty banks. All figures are from the RBI website
Let us see the findings of the study:
To continue please click on the link below:
