Committee on Implementation of Separate Pay Scale (CISPS) will sit today (Tuesday) to finalise the separate pay scale for the central bank as well as Sonali, Janata and Agrani, an official of the finance ministry said on Monday .

“We will examine the possible options of last three meetings to increase salaries of staff of Bangladesh Bank (BB) and three State-owned Commercial Banks (SCBs),” said a member of the CISPS.

In the proposed structure, a central bank executive director or deputy managing director of a state-lender will get Tk 20,000 more salary than a government secretary, whose take-home salary is Tk 40,000.

Such a big gap between senior bankers and bureaucrats will encourage other enterprises and autonomous bodies demand pay hikes, which could put the whole thing in jeopardy, the finance ministry official said.

According to the revised proposal, monthly gross salary of sub staff members and senior executives will range between Tk 7,000 and Tk 67,500.

Earlier, recommendations made three months ago were turned down as the government committee said the proposed salary hike was too much-- 67 per cent higher than the current level.

The committee then asked the authorities to send a new pay proposal. Finance Minister AMA Muhith said the committee would make a unique salary scale for the central bank and state-owned banks, which could be followed by other government enterprises.

“Committee will finalise the separate pay scale of staffs of the BB and three state-owned banks within current month,” he added.

Banking Division Secretary Shafiqur Rahman Patwari told daily sun on Tuesday that the government committee had some queries regarding separate pay scale.

“The committee will sit on Tuesday for analysing the latest proposal,” he added.

Source: daily-sun, Bangladesh/14th Dec 2010