Central Government Employees and Bank Employees salary – A Comparison
bankingsolutions.com has reported the following comparitive chart of central government and banking employees salaries
MONTHLY SALARY OF CENTRAL GOVERNMENT STAFF AND BANK STAFF (OTHER THAN OFFICERS) AS ON 01-08-2013 – A COMPARISON
|Various Components of Monthly Pay||Central Govt. Staff (in Pay Band –1)||Sub-staff in Banks||Central Govt. Staff (in Pay Band – 2)||Clerical staff in Banks|
|Grade Pay||1,800||N I L||4,200||N I L|
|Special Pay (at the minimum for bank staff)||N I L||340||N I L||500|
|Dearness Allowance||5,994 (@90%)||5,506 (@88.95%)||11,610||6,849|
|H.R.A.||1,998 (@30%)||619 (@10%)||3,870||770|
|C.C.A.||N I L||N I L||N I L||N I L|
|Education Allowance (maximum for 2 children)||2,500||500||2,500||500|
|Transport Allowance||1,140 (600+90% DA)||225||3,040 (1,600+90% DA)||225|
|Staff Welfare/Provisions||N I L||500||N I L||500|
|Newspaper||N I L||100||N I L||100|
|Gross Monthly salary||18,292||13,640||33,920||16,644|
|Various Componentsof Monthly Pay||Central Government Officers (in Pay Band – 3 –Stage I)||Bank Officersin JMGS I||Central Government Officers (in Pay Band – 3 –Stage II)||Bank Officersin MMGS II||Central Government Officers (in Pay Band – 3 –Stage III)||Bank Officersin MMGS III|
|Grade Pay||5,400||N I L||6,600||N I L||7,600||N I L|
|Total of Basic + Grade Pay||21,000||14,500||25,530||19,400||29,500||25,700|
|C.C.A.(Maximum@4% for bank officers)||N I L||540||N I L||540||N I L||540|
|Education Allowance(maximum for 2 children)||2,500||N I L||2,500||600||2,500||1,000|
|Transport Allowance / Monthly Conveyance||6,080(3,200+90% DA)||2,200(30 litres of petrol)||6,080(3,200+90% DA)||3,000(40 litres of petrol)||6,080(3,200+90% DA)||3,750(50 litres of petrol)|
|Staff Welfare||N I L||500||N I L||500||N I L||500|
|Staff Entertainment Expenses(prorata)||N I L||300||N I L||400||N I L||500|
|Gross Monthly salary||54,780||32,171||64,746||43,345||73,480||57,035|
(b) Number of transfers of a government staff is far less compared to his counterpart in a bank.
(c) If the amount of risks and responsibilities is any criterion, the bank employees (other than officers) must be paid not less than 150% of the salaries paid to the central government staff.
(d) Central government staff enjoy stagnation-free running scale, throughout their career.
(e) Whenever the pay scales of central government staff are revised, their pension also undergoes automatic revision, for all types of pensioners.