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I have taken this post from http://paycommissionupdate.blogspot.com/2010/04/nbef-signs-negotiation-9th-bps-for.html?showComment=1272801481047#comment-c6339190129186299610 and republish here with an intention to share the views supporting on our topic

"10 th Bipartite or Pay Commission like Central Govt, which will you prefer ?"

Chandan Says :

Bank employees wage increase 17.5% pushed the attraction of a bank job far behind than that of a central government job, while compairing stress & strain involved between these two. Definitely unemployed will join in bank for employment, but not brains as it used to be happened in the days of Eighties & Nineties.One should observe that the so called wage hike every five years in banks have been quite minimal during the past decade or so whereas in central govt. there has been a quantum jump this time. As matters stand today the pay package in central govt. is quite high when compared with similar posts in banks. So naturally people who have other choices in hand will not join banks any more. And one should know that in banks now a days people have to toil hard even beyond ofice hours, that too being loaded with heavy risks all the time. In such a condition the present pay package wil not attract talents into banks.
May 1, 2010 12:12 AM

Read more: http://paycommissionupdate.blogspot.com/2010/04/nbef-signs-negotiation-9th-bps-for.html?showComment=1272801481047#comment-c6339190129186299610#ixzz0msdoGshN

Bank employees wage increase 17.5% pushed the attraction of a bank job far behind than that of a central government job, while compairing stress & strain involved between these two. Definitely unemployed will join in bank for employment, but not brains as it used to be happened in the days of Eighties & Nineties.One should observe that the so called wage hike every five years in banks have been quite minimal during the past decade or so whereas in central govt. there has been a quantum jump this time. As matters stand today the pay package in central govt. is quite high when compared with similar posts in banks. So naturally people who have other choices in hand will not join banks any more. And one should know that in banks now a days people have to toil hard even beyond ofice hours, that too being loaded with heavy risks all the time. In such a condition the present pay package wil not attract talents into banks.

May 1, 2010 12:12 AM

Read more: http://paycommissionupdate.blogspot.com/2010/04/nbef-signs-negotiation-9th-bps-for.html?showComment=1272801481047#comment-c6339190129186299610#ixzz0msdoGshN