Secretarial panel against separate pay-structures for BB, SCBs




A secretary-level committee has turned down a proposal for introducing separate pay-scales for the central bank and the state-owned commercial banks, saying it will be tantamount to discrimination against the overall public pay-structure, officials said.
The committee headed by cabinet secretary Mosharraf Hossain Bhuiyan came up with the views in a recently held meeting.
Other committee members, like the secretaries to civil administration ministry, Prime Minister’s Office, defence ministry, legislative and parliamentary affairs ministry, and finance and banking divisions of the finance ministry, observed that the pay-structure of government bureaucrats should be consistent with that of officials of autonomous and semi-autonomous bodies. 
The neighbouring India also maintains consistency between the salary-structure of government bureaucrats and that of officials of autonomous and semi-autonomous bodies, they pointed out.
The committee was formed in February to further review the proposal for separate pay-structures for officials and employees of Bangladesh Bank and the SCBs.
The meeting also decided to co-opt former BB deputy governor Nazrul Huda and Bangladesh Development Bank former managing director Mizarul Rahman into the committee to help finalise the committee decisions.
The decisions of the secretary-level committee are seen to frustrate the officials and employees of the BB and Sonali, Janata and Agrani banks as they for long have been demanding a separate pay-scale to prevent brain-draining. 
BB and SCB officials argue that they could not retain talented and upcoming officials as they opt for lucrative jobs at private banks and financial institutions.
Central bank officials said they had been trying to persuade the government to introduce a separate pay-structure since 2005.
But, they alleged, the finance ministry had always been against introduction of the much-needed pay-structure. (Source)

No comments:

Post a Comment