Average Pay Per Employee In Government Banks
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Average Pay Per Employee in Government Banks

RBI DY Governor compares average pay per employee in public sector banks with that in private sector banks.


In public sector banks, clerks are not given promotion in two to three decades. If clerks are promoted to officer cadre, the promotee officers continue to perform the duty of clerk or that of cashier as he or she used to do before becoming officers. Not only this, there are many scale II, scale III or scale IV officers who are constrained to perform the duty of cashier or a dispatch clerk or front line officer.

 

There are thousands of senior level officers who are performing the duties which a clerk of golden era    ( the period just preceding reformation era that begun in the year 1991 )could perform satisfactorily. Many senior officers at administrative officers are performing the duties which a low paid telephone operator or a call center guy could perform better. 


To make it more clear in term of pay package , I may say that many officers drawing pay of Rs.25000/ to Rs.50000/ per month in public sector banks are performing the job which is being done in private sector banks normally by employees drawing less than Rs.10000/ per month.


Moreover during  sixties and seventies , public sector banks used to have one officer over five to six clerical staff. It means clerk to officer ratio used to be 5 : 1  or 6 : 1. As of now the situation is just opposite to it. It means in public sector banks ratio of clerk to officer is now 1: 5 or 1 : 6 . It means a bank have employees drawing average pay of Rs.40000/ per months are five related to every clerk or cashier staff drawing an average to Rs.15000 per month.


It is pity or it is unfortunate that most of top executives who holds key posts in public sector banks can deliver good speech or can please officials of RBI or MOF by submitting false and concocted information but do not have brain , do not have knowledge and do not have vision on how to increase profitability of any branch or any bank.If branch of any bank run in loss , one cannot dream of bank earning targeted profit .


There are many officers who have been though promoted to higher scale say scale IV or scale V or scale VI under pressure from some God father , they are not found fit for posting at a place of equivalent scale. Thousands of officers though promoted to higher scale continue to perform the work of lower scale. All these have resulted in increase of average pay of public sector banks vis-à-vis private banks.

 

In public sector banks a young officer with negligible experience (either promoted under recommendation of some God father or recruited directly from campus) is posted as Branch head and then he has to manage much more senior and talented officers who have either been rejected in promotion process or who willfully boycotted promotion process because they did not have backing of any top executive or ministers.

 

It is a hard nut to crack when a less experienced officer is entrusted the duties of managing senior old people. Similarly senior and old people finds humiliated when he or she to work under a boss who is a person to whom he or she taught principles of banking or to who was nourished under his guidance.

 

This is only in public sector banks where officers are allowed to exercise option for taking part in promotion processes. It means a man has the option to shoulder higher responsibility or not. It means if a good officer does not want to should higher responsibility he can be permitted to do so. Higher management has created terror in the minds of good officers that on promotion he or she may be transferred from one corner to other corner of the country if he or she did not flatter to boss or if he or she could not follow the wrongful orders as a disciplined soldier. This is also a cause why good officers particularly in old age when he or she to shoulder the responsibilities of family ignore promotion.

 

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