Exercise On Compensation Structure - The Overpaid Bank Tellers
Exercise On Compensation Structure - The Overpaid Bank Tellers
Exercise On Compensation Structure - The Overpaid Bank Tellers
Exhibit 1 Wage Survey Results: Comparative Salaries of Local Bank Officers (in INR)
Position Bank 1 Bank 2 Bank 3 SCB
Commercial Loan Officer 2430000 2475000 2395000 2420000
Consumer Loan Officer 1960000 1735000 1788000 1950000
Mortgage Loan Officer 2355000 2295000 2475000 2360000
Branch Manager 1885000 1970000 1940000 1920000
Asstt. Branch Manager 1390000 1370000 1480000 1315000
New Accounts Officer 1195000 1190000 1185000 1190000
Officer Trainee 1160000 1150000 1170000 1165000
Average weekly earnings of local bank tellers
Tellers 18600 18450 18750 19700
If you were in the banks HR Committee, how would you handle this issue of wage
disparity?