Monday, October 21, 2019

THE BIGGEST CHALLENGE FOR PSU BANKS WILL BE THE 'QUALITY TALENT RETENTION'; INCLUSION OF PSU BANK EMPLOYEES UNDER 7TH PAY COMMISSION MAY BECOME A FEASIBLE SOLUTION !!!

"Is the job in any 
PSU Bank is still 
from Nine to FIVE ! 
Employees are working till 8 PM also 
with lower salaries, so that the 
PSU Banks remain ALIVE. 
But, the NPA problem 
is really becoming 
a real BURDEN; 
staff strength of PSU Banks are still 
lesser, and the Indian Banking system 
is no more a beautiful GARDEN. 
Why will you join 
a PSU Bank 
when you know that 
there is no INCENTIVE. 
Some high level bad strategies from the 
top management of PSU Banks, are the 
reasons why business figures of 
majority of PSU Banks are in NEGATIVE. 
Why the retired PSU Bankers are still 
playing a dominant role in any PSU Bank 
Union even in this crunch SITUATION ? 
Now, due to this, a demotivating factor is 
surely creeping in among so many 
comrades of the young GENERATION. 
The young guys 
who are joining 
as SWO-A or PO 
need constant MOTIVATION; 
otherwise, the 'Performance Linked Pay' 
or 'Incentive' factors in private banks 
may become one of the factors 
of PSU Bank's ATTRITION. 
To make a 5 trillion dollar economy, 
merging of several PSU Banks 
may create big BANKS; 
even as per global banking standards, 
those Banks may also get some 
good global RANKS. 
But, the biggest challenge for 
PSU Banks will be the 
'Quality Talent RETENTION.' 
Inclusion of PSU Bank employees 
under 7th Pay Commission may become 
a feasible SOLUTION."- Arindam Sain

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