TO ALL OFFICERS:
We reproduce hereunder our communications to the management for your information.
IMPROVEMENT IN CONVEYANCE SCHEME
The issue of improvement in the existing conveyance scheme which was originally introduced three decades back is remain unsolved. In spite of aggressive competition in the field and volatile market condition, all the
officers of our Bank along with the team made a presentable business growth of 16% for the year ended March 2013 and it is our desire to attain a coveted figure of Rs 500 thousands crores business for the ensuing year 2013-14.
During our discussions on several occasions with the HR department about the upward revision in petrol reimbursement scheme, we were informed that the business per employee, net profit per employee as well as increase in establishment cost are the main cause of concern. But in reality the business per employee is increased to Rs 973 lacs for Mar-13 against Rs 862 lacs of Mar-12, net profit per employee is increased to Rs 2.83 lacs from Rs 1.51 lacs of Mar-12 and there is a marginal increase of only 11% in establishment
cost for the year ended Mar-13,above all the net profit is doubled.
If we compare the ceiling on petrol reimbursement on conveyance scheme available to the officers not only in peer banks but also in most of the PS Banks, we are placed at the bottom. All the banks have already revised the scheme to the pre-Gulf war status.The additional cost involved towards the benefits should always be treated as an investment on valuable officer staff/asset only, not an expenses.
We again request your good selves to consider our demand of upward revision in the ceiling of petrol reimbursement scheme available to the lower level officers, who are the main pillars of the Bank.
We are sure it will motivate all the lower level officers to work with added gusto. ”
Annual Performance Appraisal System Guidelines of Government of India As directed by the Government of India, the entries in APAR should be disclosed to the concerned officers and accordingly our Corporate Office vide its letter IRP/10 dt. 05.06.2013 advised the field functionaries to follow the guidelines of disclosing the ratings to the concerned officers by 15th June 2013 against acknowledgement. We are very much pained to note that some of the field functionaries are yet to start the implementation of the system of disclosing the entries in the APAR. We again request you to direct the field functionaries for the strict
In this connection, we wish to bring to your kind attention that some of our POs are being rated even below the eligible rating in their APAR whereas in reality, the new generation POs are tech savvy and discharging their role more efficiently.
Of late most of the officers are being rated according to their stay in their office beyond office hours or even late night.
We request your good selves to advise the field functionaries to take corrective steps to give justice to the officers.
We are following up the matter and shall keep you informed of the developments.
( A.R.Saifullah )
A I B O C --ZINDABAD
A I C B O F --ZINDABAD
NEVER BREAK 4 THINGS IN LIFE
TRUST, RELATION , PROMISE & HEART
WHEN THEY BREAK, THEY DON’T MAKE NOISE
BUT PAINS A LOT