12th BPS

Punjab National Bank gives Arrear and increased Salary to its Employees as per 12th BPS


➡️ Click here to join our Whatsapp Group

Punjab National Bank (PNB), one of India’s leading public sector banks, has recently announced the implementation of arrears and increased salaries for its employees. This move comes as part of the 12th Bipartite Settlement, a significant agreement between bank management and employee unions. The settlement aims to address the long-standing demands of bank employees and improve their financial well-being. The decision of PNB to fulfill its commitments under the settlement demonstrates its commitment to its workforce.

Arrears and Increased Salaries:

Under the terms of the 12th Bipartite Settlement, PNB has made provisions for the payment of arrears and increased salaries to its employees. This move will not only benefit the employees but also boost their morale and improve their overall financial stability. The settlement, which has been eagerly awaited by the bank employees, will provide a much-needed relief to them.

Significance of the 12th Bipartite Settlement:

The 12th Bipartite Settlement is a significant achievement that has been long-awaited by bank employees. It addresses several key issues faced by the employees, including salary revisions, arrears, and other allowances. The settlement also takes into account the rising cost of living, inflation, and the demands of the workforce. By implementing this agreement, PNB recognizes the importance of acknowledging the hard work and dedication of its employees.

Employee Welfare and Morale:

The implementation of the 12th Bipartite Settlement will have a positive impact on employee welfare and morale. The arrears and increased salaries will provide financial relief to the employees, enabling them to meet their financial obligations more comfortably. This move will also serve as a motivation for the employees to continue delivering their best performance, contributing to the bank’s growth and success.

Commitment to Employee Satisfaction:

PNB’s decision to adhere to the 12th Bipartite Settlement demonstrates its strong commitment to employee satisfaction. The bank recognizes the importance of valuing and rewarding its employees for their hard work and dedication. By meeting the demands put forth by the employees’ unions, PNB is fostering a positive work environment and establishing itself as an employer of choice within the banking sector.

Conclusion:

Punjab National Bank’s implementation of arrears and increased salaries as per the 12th Bipartite Settlement is a significant step towards ensuring employee welfare and satisfaction. This move highlights the bank’s commitment to its workforce and acknowledges the importance of rewarding employees for their contributions. The settlement will not only provide financial relief to the employees but also boost their morale and motivation. PNB’s decision sets a positive example for other banks and organizations to prioritize employee well-being and work towards fulfilling their commitments to the workforce.

12 Comments

  1. Early payment of revised payment is because of it benefited to higher management also. If payments are made to only workmen staff then it takes years.

  2. Apart from what Mr Bhanu Prakash feels, Govt also will benefit because TDS will accrue for the year 2023-24 and not next financial year. Huge TDS COLLECTION

  3. It’s ok, but what about the retired employees is there any benefit to retirees.
    Due to inflation maintenance of family members is very difficult.
    Revision of pension is a must alongwith salary revision every 5 years.

    1. Retired employees go to hell. They are no more
      Once you retired means you have died. Once
      You retired you have no right to ask anything
      Whatever they give you ,you must accept, no demand . It is the version of our union leaders
      Retired employees are kheedey and makhodey
      No right to ask anything

  4. Many people ask what work the Bankers do ?
    A big question these days……

    Works at Bank :-
    1. Lok Adalats
    2. ATM management
    3. Clearing
    4. Pension disbursement
    5. Death claims
    6. Complaints
    7. Filing recovery suits
    8. Filing EPs
    9. RTI applications
    10. Fresh NPA investigation
    11. QMC investigation
    12. CERSAI registration
    13. SARFAESI action
    14. Taking Possession
    15. Fraud reports
    16. Seizure of moveables
    17. Auctioning of seized items
    18. Auctioning of jewels
    19. Agriculture loans
    20. OTS settlements
    21. SB account activations
    22. Current accounts
    23. LIC policies charge creation
    24. OD facilities
    25. PPF accounts
    26. E-KYC
    27. NRI customers
    28. Product marketing
    29. Jewel loans
    30. Mobile banking
    31. Net-banking
    32. Corporate Banking
    33. Housing loans
    34. Vehicle loans
    35. Educational loans
    36. Compliance to RO/HO
    37. Advocates review
    38. Valuers review
    39. Seizure agents review
    40. Jewel appraisers review
    41. Bank Adalats
    42. TDS/tax management
    43. Cash management
    44. Empaneling advocates
    45. Empaneling valuers
    46. Empaneling seizure agents
    47. Empaneling jewel appraisers
    48. Pnpa followup
    49. Quarter end reports
    50. Year end reports
    51 cif De duplication
    52 Self Audit
    53 Jandhan yojna
    54 Mudra Loan
    55 General Insurance
    56 aadhaar seeding
    57 pmay
    58 stand up India
    59 pmjby
    60 pmsby
    61. Net banking failure.
    62. ATM failed txn.
    63. Maintaining rcrds of ECS return.
    64. Soil notes n pre 2005 notes return
    65. Repairing of passbook printng kiosk
    67. Atm machine problems
    68. Managing leave and deputation
    69. Responsiblity rectify Failure link.
    70. Attending call from zo fgm office ho and Customers
    71. Reply on unnecessary queries like Where does my ECS amount go, why atm hotlisting charged debited..🙄
    72 rtgs neft failure
    73. Edu loan subsidy
    74 stock audit
    75 Locker SERVICE
    76 unit visit
    77 asset verification
    78. stock statement
    79. Filling up diposit and withdrawal slips of illiterate customers
    80 banker account balancing
    81. Phn service/ mail service to customers
    82. Compliance report
    83 cash remittances
    84 pre sanctions visit
    85 post sanctions visit
    86 gold bond, apy
    87. Upi mobile banking general card
    88. cctv not working
    89. Electricity bill rent water bill
    90. Replying Explanatory Letter
    91. Following up of complaint lodged by making calls in regular intervls
    92. Maintaining cheque return register….
    93. Concurrent audit ho inspection
    94. Signature scanning
    95. Loging complaint for not allowing to modify like DOB. N chk ready made reply “please contact concerned section..”.
    96. Giving clarification to fellow coligs that what we want to to say
    97. LPG subsidiary related queries
    98. Remembering passwords of all Systems software
    99. Answering questions like Why bank cant isue pan card?
    100. Removing pins stuck in the keyboard 😀😀
    101 Promoting Digital Banking
    102 RBI audit
    103 Statutory audit
    104 Risk focussed internal audit
    105 Income tax audit
    106 Banking ombudsman Complaints
    107 Loading cash to ATM (not outsourced)
    108 Govt sponsored schemes
    109 Attending meeting and video conference
    110 Loan Melas on holidays
    111 Attending CBS problem
    112 political pressure on sanction of loans
    etc etc.

    Along with this , branch employee has to read and reply the emails from head office, Regional Office, customers and so on…..

    *Bankers are Superman*

    ___

  5. Faltu management people with zero productivity gains the most and gives unnecessary pressure to branch people.

Leave a Reply

Your email address will not be published. Required fields are marked *