hr report on sbi

Topics: Retirement, Pension, Insurance Pages: 6 (2420 words) Published: October 26, 2014

1340077778706GUIDED BY:Mr.Khadilkar  | [Course Title] | [Date]950000GUIDED BY:Mr.Khadilkar  | [Course Title] | [Date]1340076028734SUMMER INTERNSHIP PROGRAMME REPORT (SBI,CHANDRAPUR) SBI HR POLICIES950000SUMMER INTERNSHIP PROGRAMME REPORT (SBI,CHANDRAPUR) SBI HR POLICIES92228325855400

ACKNOWLEDGEMENT:

scales of pay
GRADE SCALES OF PAY
JMGS-I
MMGS-II
MMGS-III
SMGS-I
SMGS-
TEGS-
TEGS- 14500-600/7-18700-700/2-20100-800/7-25700
19400-700/1-20100-800/10-28100
25700-800/5-29700-900/2-31500
30600-900/4-34200-1000/2-36200
36200-1000/2-38200-1100/2-40400
42000-1200/4-46800
46800-1300/4-52000
STAGNATION INCREMENTS:
Officers in JMGS-I who have moved to scale of pay for MMGS-II after reaching maximum shall be eligible for four stagnation increments for every three completed years of service of which first two shall be Rs. 800/- each and next Rs.900/- each. Provided that officers who have completed 3 yrs or more after receipt of the second stagnation increment as on 1.11.2007 will get the third stagnation increment on 1.11.2007 and another stagnation increment on or after 1.11.2008 on their completion of 6 years after receipt of second stagnation increment Officers in MMGS-II who have moved to scale of pay for MMGS-III after reaching max.shall be eligible for three stagnation increment of Rs.900/- each for every 3 completed years of service. Provided that officers who have completed 3yrs or more after receipt of second stagnation increment as on 1.11.2007 will get the next stagnation increment with effect from 1.11.2007 and subsequent stagnation increment on or after 1.11.2008 on their completion of 6 years after receipt of second stagnation increment. Provided further those officers in substantive MMGS-III shall be eligible for four stagnation increment of Rs.900/- each for every 3 completed years of service. provident fund/pension fund:

Provident fund ………. 10% of Basic Pay
(Pay shall include stagnation increments, P.Q.P.,increment component of F.P.P. and adjusting pay) SPECIAL COMPENSATORY ALLOWANCE:
Those officers who were in service as on 23.7.2003 and were already drawing SCA at old rates will be paid SCA at following rates Basic Pay Amount
14500-23300 Rs.575/-
24100-28100 Rs.650/-
28900-29700 Rs.700/-
30600 Rs.850/-
31500-and above Rs.1000/-
Those officers who were in service as on 23.7.2003 but were not already drawing SCA will be paid SCA or date of joining whichever is later,at following rates: Basic Pay Amount
14500-23300 Rs.225/-
24100-28100 Rs.300/-
28900-and above Rs.450/-
Mid-academic year transfer allowance:
If an officer is transferred from one place to another in the midst of an academic year and if he/she has one or more children studying in school or college, in the former place, he/she shall be paid a mid-academic year transfer allowance of Rs.700/-p.m. w.e.f.01/05/2010 from the date he/she reports at the later place upto the end of the academic year in respect of all the children. Such allowance shall cease if all the children cease studying at the former place. RESIDENTIAL TELEPHONES:

Eligibility: Officers of MMGS II grade and above, irrespective of their positions, may be allowed the facility of official telephone at their residences.However, the eligibility for availing telephone facility from the bank for officers in JMGS I will remain unchanged. Monthly telephone calls ceilings have been revised with effective from 1st February 2010 as under: TEGSS-I 4200 calls p.m.

TEGS VII 2800 calls p.m.
TEGS VI 2100 calls p.m.
SMGS-IV & V 1200 calls p.m.
MMGS-II & III 450 calls p.m.
JMGS-I 300 calls p.m.
PROVISION OF NEWSPAPER:
Reimbursement on Certificate basis (w.e.f. 1.11.2006)
ScaleEligibility
SCALE IRs.350/-p.m. (payable to all Officers in JMGS I)
(for newspapers,periodicals,magazines etc.)
SCALE II & IIIRs.500/-p.m. (payable to all Officers in MMGS II & III) (for newspapers,periodicals,magazines etc.)
SCALE IV...
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