::::: MINISTRY OF FINANCE INITIATIVES 11TH BI-PARTITE PROCESS ::::: ::::: HAPPY PONGAL :::::

Tuesday, November 12, 2013

CIRCULAR/GS/2013/27

CIRCULAR NO.: GS: 2013: 27                                Date: 26.08.2013
TO ALL OFFICERS                                                
We reproduce here below the communication sent to the management for your information
PERFORMANCE LINKED

CASH INCENTIVE SCHEME 2012-13
We are happy to note that our management has released the results of the cash incentive scheme for the year 2012-13 well in time. In this connection, we wish to point out the shortcomings and request you to redress the same so as to satisfy the dream of large number of officers working in the field.
  1. The scheme as per the P&D circular No. 1045 dated 24th Dec 2012 for the year 2012-13, envisaged the coverage of 1204 both specialized & non-specialized branches to be incentivized for rewarding the pivotal staff members, whereas the results announced vide P&D cir No. 1174 dated 1st Aug 2013, only 744 branches are declared for getting the cash incentive scheme. 
  1. The selection of Regional level best branches in all categories are only 692 branches against the scope of 1036 branches.      
SL
Non-specialized Branch
No. of Br eligible as per the scheme
No. of Br for which results announced
1
Best Br in Regional level in all category
      259
           225
2
First runner-up in Regional level
      259
           192
3
Second Runner-up in Regional level
      259
           153
4
Third Runner-up in Regional level
      259
           122
Total
     1036
             692
  1. Results have not been announced for the specialized branches in all categories under SME,CFB,MCB,CC,ARB,LDO,ZSTC,NBO,NRI Deposit Br as well Best Agriculture Branches. 
  1. We are informed by the officers working in the field that the rating in KRA’s are not carried out properly. For instance the best branch under Rural category have been rated only 3 against 5 in the HR factor. Some of the semi-urban branches are rated only 3 or 4 against 10 in CS factor. More number of branches are rated ‘o’ marks in the first two important KRA factors. 
  1. In respect of the scheme applicable to the administrative offices, if the Field Functionary is getting the cash incentive, all the other executives and others barring 75% of officers & 85% of  workmen staff with the performance score of less than 85 in their EPAS, shall be eligible. It clearly shows discrimination. Whereas if the branch is getting the cash incentive, the entire staff would be eligible. We request you not to discriminate the lower level officers & employees working in the administrative offices, and their efforts should not be undermined for deciding the coverage in the scheme. 
In view of the reasoning as stated above, we request you to review the results for declaring more number of branches as envisaged in the original scheme approved by the board in the meeting held on 6th Nov, 2012, for getting the benefits of cash incentive scheme so as to fulfill the coverage of 75% of the corpus of the scheme goes to the staff members working in the branches”
WITH GREETINGS
Yours Sincerely,
Sd/-
(A.R. SAIFULLAH)                           
GENERAL SECRETARY

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