Professional Documents
Culture Documents
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.
2
B. Benefits:
What are the benefits given by the bank?
a. Health insurance
b. Life insurance
c. Leave pay
d. Others
With base pay, what are the allowances with facilities commend by the bank?
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.
3
According to bank policies, what external competitiveness mention with pay structure?
Market Defined Survey Policy Lines Others
(Basis of found in the (Information place (Equal or more, according
other organization) at the pay system) to duties & skills)
Sustain of the bank performance, what employee contributions relate with incentive programs?
Seniority Based Performance Based Merit Guidelines
Others
(Increment for better (Higher qualified & (Training attendance of
work flow) experience with extra quality) programs)
Support at the levels of management activities, how it should evaluate?
Communication Change
Cost (Fairness with
(Employee effectiveness (Law & rules with market Others
participation & decision situation responsibilities)
& efficiency) in management)
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.
4
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.
5
D. Dimension of Compensation Packages:
01. Pay for work & 02. Pay for time
performance not worked
Base pay Holidays
Base pay add-ons Vacation
Length of services Jury duty
Long service Election official 05Deferred
Market adjustment Witness in court income
Cost-of-living adjustment Memorial service leave Social security
Geographic differentials Sick leave Pension plans
Overtime premiums Wellness leave Profit sharing (long-term)
Shift differentials Time off to vote 04. Loss-of-job income Savings & thrift plans
Rotating work schedules Blood donation continuation Individual retirement
Weekend premiums Grievance & contract Unemployment insurance accounts
Holidays premiums negotiation Short-time compensation Stock purchase plans
Reporting pay Lunch & rest periods Supplemental Stock option plans
Cell-back pay Family leave unemployment benefit Stock grants
Idle-time pay Tool allowance insurance Tax-sheltered annuities
Clothes change pay Relocation expenses Guaranteed annual income Tax-sheltered purchases
Pay for result (short-term) Health payments Severance pay (golden, Investment trust
Merit pay adjustment silver, platinum parachutes) Supplemental income plans
Short-term performance Job contract Supplemental executive
03. Disability income
awards Individual account plan retirement plans
continuation
Front-end bonus Trade adjustment assistance Long-term performance
Short-term disability,
Professional achievement sickness & accident. Underemployment benefits awards
pay Post retirement consulting
Long-term disability
Skill pay Employees compensation
contract
Proficiency pay Pension (insurance based)
Supplemental Employees
Educational incentive pay Post retirement income
compensation
Safety pay Social security
adjustment
Suggestion awards State temporary disability
Patent awards Non-occupational disability
Salary advance payments Travel accident insurance
Travel expenses Supplemental disability
Car repayment insurance
Tolls & parking Accidental death
Food & entertainment Group life insurance
repayment Total payment disability
Clothing allowance Retirement plans
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.
6
Organized By:
Muhammad Shahinur Ekram Chowdhury, AIPM.
Life Associate; Institute of Personnel Management, Bangladesh.