Performance Appraisals and Compensation at Allied Bank Limited

By JaweriaTariq

01/03/2012

ABL History
y Allied Bank Limited was the first bank to be established in

Pakistan. It started out in Lahore by the name Australasia Bank before independence in 1942; was renamed Allied Bank of Pakistan Limited in 1974 and then Allied Bank Limited in 2005. y In August 2004, because of capital reconstruction, the Banks ownership was transferred to a consortium comprising Ibrahim Leasing Limited and Ibrahim Group. y Today, with its existence of over 60 years, the Bank has built itself a foundation with a strong equity, assets and deposit base. It offers universal banking services, while placing major emphasis on retail banking. The Bank also has the largest network of over 800 online branches in Pakistan and offers various technology-based products and services to its diverse clientele.
01/03/2012

Services
y Consumer y Commercial y Corporate y Careers

01/03/2012

Performance Appraisals at ABL

y Annual y Not Confidential y Signed by the employees y At the end of theYear y Operations level employees submission to CSMs y CSMs evaluation by BM y BMs evaluation by Regional Operations Manager y ROMs appraisal by Regional Head y Regional Heads Appraisal by Group Head y Group Heads Appraisal by Group Chief HR
01/03/2012

Performance Appraisal Document

y Entails y Personal Details y Rank y Qualification y Behavioural traits y On job performance y Marks y Percentage y Grades

01/03/2012

Compensation
y Yearly Bonuses y Yearly rises y No set rules y Schemes Compensations

01/03/2012

Thank you
01/03/2012