tag:blogger.com,1999:blog-5863683653241278459.post7912584942533668119..comments2024-03-20T22:48:00.676+05:30Comments on "INDIAN" BANKKUMAR: Khandelwal Committee recommendations!Indian Bank Kumarhttp://www.blogger.com/profile/14386653904055914889noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-5863683653241278459.post-14777560137844775182012-08-23T19:51:36.882+05:302012-08-23T19:51:36.882+05:30I worked in a private MNC and am switching over to...I worked in a private MNC and am switching over to banking sector. People who have written favourable comments, welcoming the Khandelwal committee changes- you are all in for a rude awakening once systems like variable pay emerge. It is a brutal system which will only breed more shoe-licking. In MNCs, we have variable pay system, where in lesser performance (less performance does not mean non performance. this is on a relative scale)- there is a salary cut. A substantial 10K reduction in salary. How's that for starters?<br />Do you think HRs in PVT are "professional"? They are nothing but people who smile and speak the same language as management.<br /><br />Think twice people... The grass is always greener... When the hell looks like a golf park-- they're recruiting-- remember that!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-65069755610910951542012-07-11T08:22:27.299+05:302012-07-11T08:22:27.299+05:30There could be disagreement on some of the recomme...There could be disagreement on some of the recommendations but the ways Unions are trying to project the Khandelwal committee report is nothing but shows the negativity & "WE WILL NOT CHANGE" attitude of leaders of the Unions. Just in the name of protecting rights of employees, Unions are only promoting and protecting "KAAMCHORS". <br />In my opinion, most of the recommendations will make PSB's more competitive and the strongest support for this should come from the younger officers.PRAKASHhttps://www.blogger.com/profile/00396170936799726397noreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-53811067448507556322012-06-30T20:22:35.511+05:302012-06-30T20:22:35.511+05:30YA NOW A DAYS THERE IS NOTHING LIKE UNION.
MANAGEM...YA NOW A DAYS THERE IS NOTHING LIKE UNION.<br />MANAGEMENT HAVE BECOME SO STRONG.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-32466781463394546652012-05-02T22:44:57.650+05:302012-05-02T22:44:57.650+05:30Its very interesting to read the Khandelwal recomm...Its very interesting to read the Khandelwal recommendations. The salaries in the Banking Sector is one of the lowest in the country. I, would also like to know , What great shakes have been achived by Mr. Khandelwal to deserve , such a high salary & what is his productivity? It is very easy to recommend reforms for sectors not concerning the individual, probably we all can do so..I, think the Ministers , Beaureucrats should first do some introspection, and try to assess that, 'What great work have they accomplished to deserve such high salaries"? Their capabilities are known to all....Implementation of the Commitee recommendations will reuin the Banking sector in the long run. With such low salaries, difficult transfers in testing terrains & areas, round the clock responsibilities, six day workings unlike other government institutes with five days a week..no youth worth his salt will join the public sector banks. Mr. Khandelwal please wake up...& justify your salary first please, with due respects..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-22684971798288382662012-04-29T14:04:41.349+05:302012-04-29T14:04:41.349+05:30FOR THE EXISTING LEADERS OF UFBU A Bankers’ Leader...FOR THE EXISTING LEADERS OF UFBU A Bankers’ Leadership Development Institute (BLDI) to be set up for creating future leaders, research, benchmarking, best practices, etc.NAREN DATTAnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-59502342293986305522012-02-28T10:39:21.973+05:302012-02-28T10:39:21.973+05:30The KHANDELWAL COMMITTEE RECOMMENDATIONS are anti-...The KHANDELWAL COMMITTEE RECOMMENDATIONS are anti-employees and anti-trade union. Any recommendations aimed at to weakening and destabilizing bank union is just not acceptable to any bankers. So need of the hour is to remain alert and in preparedness to thwart/resist any attempt of the IBA/Government to make any amendment in the Banking Regulation Act without discussing and taking unions' views/opinion. UFBU has taken a right stand in this regard.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-6305384114650430722012-02-09T19:31:17.653+05:302012-02-09T19:31:17.653+05:30mr arvind kumar singh your experience is only 10ye...mr arvind kumar singh your experience is only 10years the call is given by the leadership<br />to a i b e a a mighty organisation with 60 years of experience with lucha managements once <br />see back why punjab and sind bank bank of maharastra which are on average lines but the <br />employees enjoy same salary the executives are appointed by Govt. by recommendation so the banks are very poor state there are many psb these banks are not nationalised for profits but to serve the poorest of poor and uplift but these executives give loan to rich and they dupe the bank one fellow is enough to dupe eg Indian bank they could not get wage revision for 2years incl da after the budget allocation and better management at lower and middle level they have recovered you are still a kid in bank better read union circular and know what khadelwala committee recommends <br /><br />from b.h. sudarshanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-63602631560646454522012-01-28T22:58:23.170+05:302012-01-28T22:58:23.170+05:30donot fight. we are simply discussing but Govt wil...donot fight. we are simply discussing but Govt will implement whatever they want bcz union has no bargain power to overcome this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-75002585055568184902012-01-23T19:55:07.620+05:302012-01-23T19:55:07.620+05:30Well said Boss. We are also humansWell said Boss. We are also humansAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-44911663207492947552012-01-20T22:17:18.821+05:302012-01-20T22:17:18.821+05:30kusumakar SBI
TO SURVIVE IN COMPETITION WE NEED T...kusumakar SBI<br /><br />TO SURVIVE IN COMPETITION WE NEED TO ACCEPT THESE RECOMMENDATIONS BUT DO THE TRANSFER POLICY REMAIN THE SAME FOR BOTH RURAL EMPLOYED AND METRO ,WHY DO ONLY FEW ENJOY THE BENEFITS OF URBAN AREAS ...IS THERE ANY COMMITTEE THAT CAN PROVIDE A EQUALLY JUSTIFIED TRANSFER POLICY FOR RURAL POSTINGS.IF THERE IS ANY I VOTE FOR THAT...EFFICIENT HR IS THE NEED OF THE HOURUnknownhttps://www.blogger.com/profile/04091195943722848570noreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-67718280080513707842011-12-22T12:46:36.739+05:302011-12-22T12:46:36.739+05:30I strongly opposeI strongly opposeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-20453676903029640552011-12-15T22:29:17.825+05:302011-12-15T22:29:17.825+05:30what mechanism is in place at present to appraise ...what mechanism is in place at present to appraise the performance of an employee in Banks. this will lead to pre nationalisation era.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-56108116684343310792011-12-11T12:47:59.757+05:302011-12-11T12:47:59.757+05:30I am in NABARD. Though recommendations do nott app...I am in NABARD. Though recommendations do nott apply directly to NABARD, they are followed by the management more enthusiastically. But the present top brass have enjoyed every thing but now denying it to the present staff but taking care of their own position. The recommendations will definitely encourage psychofancy and corruption in promotion, placement etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-88147449146772694312011-12-11T11:30:08.613+05:302011-12-11T11:30:08.613+05:30good recomendationsgood recomendationsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-38500778996866617402011-12-10T16:03:06.190+05:302011-12-10T16:03:06.190+05:30OH LA LA LA…. KHANDELWAL COMMITTEE RECOMMENDATIONS...OH LA LA LA…. KHANDELWAL COMMITTEE RECOMMENDATIONS…<br />Firstly, the salary structure needs to be revisited. My MBA Batchmates who joined with me in other PSUs are getting around Rs 65k whereas after promotion to MMG II in 4 years & with 6 years of service till date I am drawing a salary of Rs 35K. This is very serious,<br /><br />Secondly, for variable pay, in last 6 years of service I have seen that people who do not take pains take all the gains & favour of authorities; after all who will determine that who is performing & non-performing. Again the same authorities. This will encourage more sycophancy in the existing pathetic working conditions & meager salary structure and would result in may be late sitting to extreme hours,<br /><br />Thirdly, 50% direct recruitment in all scales is an eagerly awaited and welcome move. However, those bankers who have joined before 01.04.2010 will find no good reason to leave due to withdrawal of old pension scheme and introduction of new pension scheme. The New Pension Scheme is really a tasteless lollypop of Central Government, as they do not know the outcome of new pension scheme and yet there is no clarity over the returns. On the day of retirement if the stock market crashes then new pension scheme holders will be 'THAN THAN GOPAL' and will live post retirement life like a beggar. Even if, the return is assumed at 9% of FDR then at retirement, say after 30 years, we shall get monthly pension of around Rs 9K. The Central Govt. does not want to give social security to its citizens to manage the unmanageable fiscal deficit.<br /><br />Fourthly, move on HR transformation is desperately required in Public Sector Banks, as the management has become blood sucker. HRD should however answer the following questions as well:<br />1. What about paternity leave to young male officers as is in Central Govt? <br />2. When will we assess the quantum of work and divide the same to the required number of officers to make the technology work efficiently. Even working on computers, ATM’s, CDM’s etc requires human beings. Of late we have developed multitude of software’s, have we ever assessed the manpower required to work on these software’s, man hours required to complete one activity?<br />3. What about 5 day’s week in Central Govt, RBI and other administrative blocks? When the officials of regulatory body need rest for 2 days out of 7 days of a week then we are also human beings. Ensure equal treatment to us also.<br />4. What about same place posting for Women. If reason is that they are fairer sex/ weak/ need support, then scrap Equal Opportunities Act, Scrap the movement for reservation for women as they don’t deserve it, scrap the promotion policy. Apply equal rules for all human beings<br /><br />Well the list is endless. Above explains the 6 years of agony. At the time of my marriage my Chief Manager said that I should take 3 days leave, get married and join back and literally tortured during that once in a lifetime event. Should not that Chief Manager be hung till death?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-74928691526126843452011-12-09T23:08:48.630+05:302011-12-09T23:08:48.630+05:30Yes, I too am in SBI, joined almosed two decades b...Yes, I too am in SBI, joined almosed two decades back as a direct officer, but as usually happen everyone is not equal in practice in India; more so everyone do not has god father in the form of individuals or castial relations, so is in my case and result isnon-performers superceeded me in career progression. After KC recommendations implementation I trust such discremination shall be done away. Moreover, it is an age of new and energetics so let oldy give them way amicably or be them crushed.<br /><br />An officer in SBI, Delhi CircleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-8384703759679297812011-12-09T00:09:30.008+05:302011-12-09T00:09:30.008+05:30I am in SBI and I have a mixed feeling regarding t...I am in SBI and I have a mixed feeling regarding this report. It is true that HR is worst are in PSBs there should be some transparency in promotion placement and posting. Wage revision is another area to be focused otherwise the recommendations will sound like empty vessel very few professional guys will work in this salary structure and presently CTC concept is there in every new recruitment ads. another important area is NON CORE activities. Canteen service may be a non core activity but I dont think ATM replenishment or even Security at branch premises should be outsourcedSaikathttps://www.blogger.com/profile/01054806419482052244noreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-738125290123225172011-12-06T13:36:45.891+05:302011-12-06T13:36:45.891+05:30I am from Bank of Baroda and I am strongly in favo...I am from Bank of Baroda and I am strongly in favour of Khandelwal committee recommendation.<br />People who do not work,get comfort at the cost of others are opposing it.Professional guys should never oppose it.<br />Aspiring to compete with the best with the old fashioned way is not going to work as we have to accept today's reality.<br />Remember Public secor banks were compelled to adopt technology as they were running out of business,similar thing will happen for talent when new banks come in.<br />Have a forward looking approach,when so much retirements are there in next 3-5 year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-24530430121251554932011-12-06T00:15:34.062+05:302011-12-06T00:15:34.062+05:30Ye top govt. Neta aur aur govt officer apni salary...Ye top govt. Neta aur aur govt officer apni salary to 25000 se 1 lakh ker li aur sari govt.schme bank walo se batwate hai iba jo ki govt. Ka dalal hai wo sabhi bank employee ko bevkoof bana rahe aaj bees salo se sarkari bank employee jo ki raat dus baje tak kam karta hai usko bahootme ghar chalana parta hai meri sab bank employee ko kasam hai ki wo upa govt. Ko vot na deAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-3130735413015724542011-11-30T15:06:10.301+05:302011-11-30T15:06:10.301+05:30i STRONGLY CONDEMN THE RECOMMENDATIONS OF KHANDELW...i STRONGLY CONDEMN THE RECOMMENDATIONS OF KHANDELWAL COMMITTEE, IT WILL NOT ONLY RUIN THE CONDITIONS OF 7 LAKH EMPLOYEES BUT THE BANKING STUCTURE WILL ALSO DEMOLISH<br /><br />S K GUPTA<br />JABALPURAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-74021053421343234762011-11-13T22:52:00.894+05:302011-11-13T22:52:00.894+05:30Even though some of the recommendations are appear...Even though some of the recommendations are appears to be good, i am on the opinion that variable pay leads to bossisam and favoratisam in the banking industry, which is suicidial step for the banking industry. We all know that there is no HR policy in the PSB"s and right person at right place posting is mere dream in present PSB's. Most of the decisions are being taken by Non HR persons based on bias and not at all in the interest of the organisation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-90444969927169218462011-11-12T15:40:16.444+05:302011-11-12T15:40:16.444+05:30I strongly oppose KC recommendations. Variable Pa...I strongly oppose KC recommendations. Variable Pay is very dangerous. It leads employees to be a bonded labours to the Management. Management will fix more pay to yes-men than the hard working man going straight. The ration 1 : 0.5 reveals that in future a clerk should work in cash department only. After their retirement even that work may be given to outside agency. ESOP and allowing top management to have 15% shares will lead to privatisation and poor management will lead to bankruptcy.N RAMIAHhttp://preethiramiah.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-7135407033135308852011-08-19T23:32:47.850+05:302011-08-19T23:32:47.850+05:30I am in SBI, I really think that these recommendat...I am in SBI, I really think that these recommendations should be implemented in every banking level......The protests are mainly coming from those people who always has the tendency to avoid the work and pass the time with doing nothing by the help of so called Great UNION...... a fear started in their mind that if it is implemented then they have to work for CTC.... other wise that will be a loss.....<br /><br />A strong HR policy as well as HR professional is required for the bank.......<br /><br />it is no ones 'jagir' but every ones SERVICE place......specially for DADA and their good for nothing followers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-39397341999783782942011-08-09T21:45:32.564+05:302011-08-09T21:45:32.564+05:30I am in SBI, I strongly oppose the committee repor...I am in SBI, I strongly oppose the committee report, instead if the govt or the IBA is thinking about the sincere effort of the employees they should give proper eye on the work and the performance of the employee on that's basis only they should give promotion or give some remunarations to encourage the work. There is strongly no need of CTC this is not anyone's jaagirAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5863683653241278459.post-70903971994180991542011-08-06T08:21:43.723+05:302011-08-06T08:21:43.723+05:30HR is the worst mamaintained part in most publik s...HR is the worst mamaintained part in most publik sector banks.I feel the need for better handling of this department through recruitment of trained HR professionals.I also feel that non core jobs like ATM handling ,cash remittance and security be outsourced.<br />sayan Bhattacharjee<br />Syndicate Bank<br />Port Blairsayan bhattacharjeehttp://www.sayanbaba.blogspot.comnoreply@blogger.com