BB staff may get up to 89pc pay hike
Bangladesh Bank (BB) will make recommendation to the government to raise the salary of its staff by 78 percent to 89 percent.
The BB Board of Directors yesterday approved the separate pay scale with nine grades, trimming down the existing 20 grades.
Besides, the BB staff will get festival bonus for the upcoming Eid equivalent to 2.5 times of the basic salary in the present scale.
A BB official said they have finalised the pay structure according to the guidance of the finance minister and will soon send it to a government committee.
The official said they took into consideration the salary structure of the central banks of the neighbouring countries to set the BB pay scale.
The BB also stressed that meritorious officials do not leave it for higher salary, he said.
The highest post of the central bank is executive director (ED). The governor and deputy governors are appointed by the government and they get salary as per their agreements.
The basic salary of an ED will be Tk 60,000, up 79 percent from Tk 33,500 now. However, the gross salary will be Tk 93,000.
An entry-level officer (assistant director) will draw Tk 20,000 as basic salary, increased by 81 percent from Tk 11,000 now. The gross salary will be Tk 32,000.
The low-level employees have been categorised in three -- B, C and D -- trimming down the existing 11 grades.
B category staff will get basic salary of Tk 10,000 and gross salary of Tk 18,000, while C category staff Tk 9,000 as basic salary and Tk 16,400 as gross salary, and D category Tk 7,000 basic salary and Tk 15,200 gross salary.
This is the second time that the BB is making such recommendations. The earlier recommendations made last year were turned down, as the government officials said the proposed salary hike was too much.
The BB proposed first Tk 67,000 as the basic salary of an ED. In the new recommendations, the amount has been brought down to Tk 60,000.
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