'"!'-- I-~ AGREEMENT. NAME OF PARTIES. Represen ta tives of the Employer State Bank of Paldstan. Representatives of the Democratic Workers Union (CBA), State Bank of Pakistan. 1. Mr. Klwlid MahmuclSalim Executive Director (I·IR). SBP:CD:Karachi. 1. !'Ar. Malik Arsala Khan, President. ') Mr. Ri,lZ Ahmed, Director, !'!uman Resourccs Departmcnt. SBP:CD:«arachi 2. Mr. Liaquat Ali Sahi, Secretary General. Whereas thc Democratic Workers Union (CBA), S.B.P. submitted a Charter of Demands dated 9-6-2000 as per Annexure "A", , And Whereas the parties have held negotiations at Karachi with a .. :,i~w to cntering intoan agreement. Whereas, the CBA gives aclear undertaking that they will pertorm their official dutics cfficiently, honestly ane! in the best interest of the institution .. They further understand that their retention and continuity of service \vill depcnd on etTicicncy and honesty. And Whereas as aresult of the negotiations the parties hereto have Illutually agreed freely and voluntarily without any compulsion, threat, coercion, pressure or allY other method of the likenature to execute this agreemcnt on the points/ terms alld conditions detailed in thesucceeding p~r'lgraphs. 12.5% inc"rease In tbe existing monetised salary scales will be allowed with effect from'!sl' September: 2000,Ito ~'.\;,'\ the Bank employees. Salary Scales will be revised accordingly effective from tlte said date. t >. ! II ( 'I- I I. ~ I t t' "
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I AGREEMENT. - Webs · Education Allowance: Clerical! Non-clerical staff of the Bank will be allowed Rs.5001-p.m. as Education Allowance w.e.f. 1st September, 2000. On promotion to
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'"!' --I-~
AGREEMENT.
NAME OF PARTIES.
Represen ta tivesof the EmployerState Bank of Paldstan.
Representatives of theDemocratic Workers Union(CBA), State Bank of Pakistan.
1. Mr. Klwlid Mahmucl SalimExecutive Director (I·IR).SBP:CD:Karachi.
1. !'Ar. Malik Arsala Khan,President.
') Mr. Ri,lZ Ahmed,Director,!'!uman ResourccsDepartmcnt.SBP:CD:«arachi
2. Mr. Liaquat Ali Sahi,Secretary General.
Whereas thc Democratic Workers Union (CBA), S.B.P. submitted aCharter of Demands dated 9-6-2000 as per Annexure "A",
, And Whereas the parties have held negotiations at Karachi with a.. :,i~w to cntering into an agreement.
Whereas, the CBA gives a clear undertaking that they will pertormtheir official dutics cfficiently, honestly ane! in the best interest of theinstitution .. They further understand that their retention and continuity ofservice \vill depcnd on etTicicncy and honesty.
And Whereas as a result of the negotiations the parties hereto haveIllutually agreed freely and voluntarily without any compulsion, threat,coercion, pressure or allY other method of the like nature to execute thisagreemcnt on the points/ terms alld conditions detailed in the succeedingp~r'lgraphs.
12.5% inc"rease In tbe existing
monetised salary scales will be allowed
with effect from'! sl' September: 2000,Ito ~'.\;,'\
the Bank employees. Salary Scales will
be revised accordingly effective from
tlte said date.
t>.
!II(
'I-
II.
~Itt'"
EducationAllowance:
Clerical! Non-clerical staff of the Bank
will be allowed Rs.5001- p.m. as
Education Allowance w.e.f. 1st
September, 2000.
On promotion to higher grades,
employees will be allowed 3% increase
in their salary at the time of promotion
made on or after 1-9-2000.
The employees posted at Muzaffarabad
Office will be allowed Un-attractive
Area Allowance @ Rs.2,0001- per
month w.e.r. 1-9-2000.
The employees posted at Quetta Office
will be allowed Severe Winter
Allowance @ Rs.1 000/- per month for
a period of six months in a year
(November to April) w.e.r. 1-9-2000.
Increase in Salaryon Promotion:
Un-attractive AreaAllowance:
Severe WinterAllowance:
Cash Award forpnssing BankingDiplomaExmni!lat:on:.Juring servicetenure:
On passing DAIBP-I and DAIBP-II
exnminntions (on or after 1-9-2000). ,. '\11. I, \..
.:~:'i'ii1g Bank scrVite' the Bank" III
employees will be allowed a Cash
Award @ Rs:20,0001- and Rs.30,0001-
respectively.
Cash Award foracquiring higherqualifiention duringservice tenure:
Non-clerical employees who acquire
degrees of BBAIBA (with Economics),
B.Com./ B.Se. (Computer) from a
recognized University in Pakistan on or
after 1-9-2000 will be allowed only
On(: time a Cash Award of Rs.l 0,0001-.
Re-imburscment ofEducationalExpenses to Non-clerical SlafflDriversl GestclnerOperators:
graduation examination from a
recognised University on or after
1-9-2000 during the service period in
subjects related to Accounting,
Business, Economics, Commerce and
Information Technology (viz. MBAI
M.A.(Eeo.
complete
Professional (MCP)I Oracle Certified
Professional (OCP) 1 CA 1 lCMA
institutions will be allowed only one
time a Cash AwarcI of Rs.20,OOOI-.
Presently Educational expenses are re-
imbursed to Non-clerical StaW Driversl
Gestetner Operators only in respect of
their two children's education lIptD.
Graduation levcl. Effective from J -9-
2000 this facility shall also be extended
to the post-graduation level in subjects
relating to Accounting, Busincss,
i~Cl'narPI;;s, Commerce and Information
Technology (viz. MI3A1 M.A.(Eco.)/~
M.Com./ MCS).
Encashment ofLeave:
The facility of encashmcnt of leave will
be linked with the monetised salary
w.e.f. I -9-2000, as a consequence of
which Clericall Non-clerical staff will.
be allowed 50% of their monetised., I I II •• ' "r '\1 \\ \ • .'i"l
salary for 15 days every year in case "
the leave applied for such period is
refused to them.
2) Payment of I iuusc Effective from 1-9-2000 the widow of a It
~
/Rellt C.,:ilil\g to deceased employee will be allowed ~wiJuw:, IiI' Dank l
employees during payment of House Rent Ceiling @ 40%l•}
Iddat:,,
of the monetised salary for a period of r
130 days.C7
".",.,...•
3) Transfer Grant: Effective from 1-9-2000 the TransferI
Grant will be allowed to Bank
employees at the following rates:-
, i) With family: 50% of monetised
\,salary.
ii) Without family: 25% of 1110netised '/,
salary. ,"
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, D, Staff Loan (a) All eligible employees will be allowed'~ .
to avail Staff Loan for the prescribed
purpose(s) upto a maxImum amount" equal to their 35 months' monetiseJ.(i(,-..
salaries. Stafr LoaH for purchase of
-}L Computer! Printer (subject to a
maximum of Rs.70,000/-) will
however, continue to be allowed over
and above this limit. Consequent upon. io.
revision of the monetised salaries with
effect from 1-9-2000, the employees
will be allowed to avail the difference
of their staff loan entitlement (subject to
observance of prescribed formalities/
conditions) as a one time exception. In,
other cases the difference of staff loan " ,
will continue to be admissible only on
~
promotion Ol:; per existing illstructiol1~,
11/ 4
Group TertllAssuranre:
Leave facility forfemale Employccs:
Cash A ward onRctirement:
(b) Under the existing instructions of staff
loan policy, loan exceeding 37.5% of an"
employee's entitlement is subject to
interest @ 10% per annum. Employees
will be given un option to forego
interest on Provident fund Balances
w.e.f. 1-9-2000 if they are willing to
avail of total amount of stllff loans on
interest free basis.
Effective fr0111the date of prospective
agreement to be executed with tIll: Stale
Life Insurance Corporation, present
limits of thc sunf as'Sured I.\nde~ Grotlp' \':,'i,'\