What is the salary of a bank PO and what about the allowances and incentives.Joining as scale-1 how much rank
we can go in 10 years? I m in S/W field and curently getting
around 30K monthly salary and my current project(Microsoft)
is a very long term project, so there is stability in my
position for next few years. I have to appear the Syndicate
bank PO interview also now trying to give IT officer scale-
II exams. But dont know anything abt bank salary and future
growth. So can u guys plz provide any information abt this
which may help others also in this Forum. Also banks r doing
strikes for Salary hikes, Right?
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Answer Posted / support
Hi Bunty,
I work in a public sector bank as IT Manager.
I do empathies with the answer given by fren at #6.But
believe me life is not that bad either.I worked for and IT
firm for 3.5 years and joined bank as scale 2
officer.#Yes,the payment is less,but 1 is never fired from
his/her job due to recession.infact the payment have
increased as CPI increased.
#I got perfect work life balance here which was non-
existant in my previous company.
#apart from wages,there are several other benefits like:
1.free medical to you and your family
2.Gratuity
3.Loan with negligible or no interest for employees
4.petrol allownce
5.newspaper bill reimbursement
6.All india holiday for you and dependent once in every 2
years sponsored by bank.
7.quarterly increase in Dearness Allowance
8.60 years of working age.(mind you,do you think pvt sector
bear you till the age of 57-60 yrs)
These are a few facilities which I was not getting there at
pvt firm.
personnally for me,job satisfaction is my top priority and
thus I came to public sector
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