Last year Government has approved the pay revision for all central government employees which was applicable from 01.01.2016. However, the PSU pay revision implements after one year of central pay commission. The Central Public Sector Employees are waiting for the 3rd PRC report for the same is already out and Committee of Secretary & Cabinet had already approved the 3rd PRC recommendation with some modifications.
All government Banks employees are waiting for their next pay revision which is due from 01.11.2017. Last pay revision was issued by Indian Banking Association in the month of May 2015 which was applicable from 01.11.2012. For the next round of wage revision talks for 11th bipartite settlement has already been started. In this article, we will see the present pay scales for the Bank Officers and Clerks various allowances applicable to them.
SSC CGL Examination is one of the main All India competitive test for various central government jobs. As Government service job is more secure than any private or Public sector undertaking post, So everyone wants to clear this test to get the best job in different ministries. Here we will discuss the salary structure of all posts mentioned in the SSC CGL recruitment 2017.
State Bank of India is one of the largest Bank in India whose aim is to provide fast, & polite and proactive service to customers. As on 2017, the most trusted company has 209567 employees to offers services for citizens of the country. The SBI PO is the lower management cadre among executives of the company. They are recruited every year to fulfill the future manpower requirements in the public sector bank.
The central government had already implemented the 7th Pay commission for all govt employees. But the 3rd PRC which is applicable to Public sector undertaking is yet to be implemented by the top authorities. As the 3rd Pay revision committee has submitted the report to Government 4 months back hence the expectation of CPSEs employees are high about the implementation of pay revision. In this regard, a meeting between the committee of secretaries took place at Cabinet Secretariat, Rashtrapati Bhawan on 12 May 2017.
Steel Authority of India Limited is one of the largest Maharatna Public Sector Undertaking (PSU) Company owned by the Government of India. It is the 24th largest steel producing company in the world. New Delhi serves as the Headquarters of the company. It was instituted on 19 January 1954 with over 85,145 employees currently working in the company.