NBP offers its MTOs Rs.37,000 plus allowances & incentives.

B enefits and compensation of employees HBL is an equal opportunity employer it gives market competitive pay and benefits to itsemployees. Salaries of employees includes following items y Basic pay y House rent allowance y Medical allowance y Utility allowance y Key allowance y Branch banking allowance y Conveyance allowance 1 2 |P a g e Promotion procedure After performance evaluation the promotions for the year are announced promotion policy is also announced each year the following are the considerations for the promotion y Academic qualifications y Appraisal awarded y Test marks y InterviewThe weight age of all parts is given by human resource department and the candidatessecured higher marks are promoted. Normally the weight age is as follows

y Academic qualifications (10%) y Appraisal awarded (40%) y Test marks (30%) y Interview ( 2 0%)The 40% of appraisal category is also divided in three years more weight age is given tomost recent years appraisal and preceding years appraisal has less weight age. B enefits and compensation of employees HBL is an equal opportunity employer it gives market competitive pay and benefits to itsemployees. Salaries of employees includes following items y Basic pay y House rent allowance y Medical allowance y Utility allowance y Key allowance y Branch banking allowance y Conveyance allowanceFormerly the bonuses were paid three times in a year on year end, Eid-ulfitr and Eid-ul-adha but now these bonuses have been merged in the salaries of employees by increasingtheir basic pay. And the bonus payment is now on the discretion of management but thereis fix time and commitment of bonus now.HBL give other benefits as well to its employees which are as follows y

Medical facility HBL provide medical expenses reimbursement to its staff when they hospitalized andall the consultation and bed charges are born by bank and bank also contribute 80% in

13 |P a g e medicines. There are some limits of daily hospital charges for each cadre which arecommunicated to all employees and HBL has all good hospitals on its panel in all bigcities to facilitate its staff. y H ouse loan House loan is provided to staff on completion of five years service with the bank. Ithas also different amounts cadre wise. Repayment of this loan is scheduled inremaining service length of staff to minimize installment amount and facilitating staff member. There is very low mark-up rate on house finance for staff. y A uto loan Auto finance is also provided to staff as well by the bank the minimum servicerequired to avail that loan is three years. The mark-up is also very low for that loan.The loan is scheduled in ten years and 100 installments. Installment is not deducted inthe months of Eid. y Personal loan Personal loan is provided to staff. The mark-up rate on that loan is a bit higher ascompare to house loan and auto loan. This loan is provided for five years. y E ducation allowance Employees of HBL who has children getting education are given education allowancemonthly for one child for officer and above and for three children for below officer cadre. y H ajj S cheme HBL send its employees on Hajj each year by balloting amongst staff and bear allexpenses of Hajj. y Marriage allowance

When any employee gets married the marriage allowance is paid to him by the bank. y D are ness allowance When employees are posted in the areas where there is difficulty in living or thoseareas are very remote in that case dare ness allowance is paid to them by the bank