compensation management practices in banking sector of bangladesh a case study on dhaka bank ltd

Upload: zahirul-islam

Post on 15-Oct-2015

176 views

Category:

Documents


34 download

DESCRIPTION

Compensation Management Practices in Banking Sector of Bangladesh: A Case Study on Dhaka Bank Ltd.

TRANSCRIPT

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?

    ?. Hetramunae

    Murheb tfg cotg ehegthgs tfg doelheb sgntar ai Doebcomgsf sow o summge sfhit ai

    gxpoeshae os tfg bavgre`get oppravgm apgrothae ai o baam eu`dgr ai egw Zrhvotg oem

    Iarghbe Na``grnhoc Doels. ]fhs gxpoeshae hrrgshsthdcy draubft he brgotgr dgegts ta tfg

    naesu`grs dgnousg ai tfg fhbfcy na`pgththvg `orlgt naemhthae. ]fg pgrham fos sgge

    g`grbgeng ai sa`g myeo`hn oem fhbf-tgnf doelheb sgrvhngs ai wfhnf aur naesu`grs

    wgrg mgprhvgm ai. ]fhs egw gro ai doelheb sgrvhngs hencumg;

    Aeg ^tap Wthchty ^grvhng

    Outa`otgm ]gccgr @onfheg

    Zfaeg Doelheb

    Nrgmht Norm

    Ae-cheg Doelheb

    ^yemhnotgm caoe

    Dut tfgsg omvoeng`gets he doelheb tgnfeacaby mhmet sacgcy dgegt tfg nusta`grs. Ht

    draubft brgotgr nfoccgebg he ports ai tfg g`pcayggs ar doelgrs wfa wgrg mgshbeotgm

    whtf fhbf pracg kads whtf taubfgr baocs ta `ggt, o myeo`hn norggr whtf oronthvg

    rg`uegrothae, brgotgr dgegts oem stueeheb stotus. ]fhs rgpart whcc tolg oe og`pt ta

    stumy tfg norggr prhvotg na``grnhoc doels ai aur nauetry tfraubf tfg gvocuothae ai tfg

    g`pcaygg `ohetgeoeng iuenthaes os pronthngm he tfhs sgntar.

    He naetrost ta tfgarhgs, `oey dushegss r`s ai Doebcomgsf fovg tfg cgost ar gvge ea

    gxpasurg ta aeg ai tfg nrunhoc orgos ai dushegss - Fu`oe Tgsaurng @oeobg`get.

    Dut sheng gvgry arboehzothae hs `omg up ai pgapcg, na`pgesotheb tfg`, onquhrheb tfghr

    sgrvhngs, mgvgcapheb tfghr slhccs, `athvotheb tfg` ta fhbf cgvgcs ai pgriar`oeng, oem

    gesurheb tfot tfgy naetheug ta `ohetohe tfghr na``ht`get ta tfg arboehzothae org

    gssgethoc ta onfhgvheb arboehzothaeoc adkgnthvgs. Rg whcc em aut faw `oeobg`get he

    tfg sgcgntgm arboehzothaes hs mgocheb whtf na`pgesothae systg` `ohecy.

    Tgoc chig dushegss hs ior `arg mhgrget ira` aur ncossraa` stumhgs. ^a`gth`gs tfg daals

    wg rgom org tfg avgrsh`pchnothae ai ionts oem `ast ai tfg th`g ontuoc pronthngs maet

    `otnf whtf tfg tfgarhgs wrhge he daals. ^a aur adkgnthvg hs ta rgcotg aur ncossraa`

    stumhgs whtf rgoc chig sngeorha oem bgt o ncgor vhgw ai wfot ontuoccy hs foppgeheb he tfg

    orgo ai Fu`oe Tgsaurng @oeobg`get ai tfg sgcgntgm doels.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 4

    4. Drhgi Mhsnusshae odaut Na`pgesoae

    Na`pgesothae hs o systg`othn oppraonf ta pravhmg `aegtory vocug ta g`pcayggs he

    gxnfoebg ai warl pgriar`gm. Na`pgesothae `oy onfhgvg sgvgroc purpasgs osshstheb he

    rgnruht`get, kad pgriar`oeng, oem kad sothsionthae.

    Onnarmheb ta Foemgrsae o stgp dy stgp oppraonf iar mgshbeheb o rg`uegrothae systg`

    tfot rgnabehzgs kad rgquhrg`gets, g`pcaygg rgcotgm leawcgmbg oem slhccs oem

    pgriar`oeng rgcotgm hengethvgs tfot chel hemhvhmuoc, warl ueht oem arboehzothaeoc

    pgriar`oeng.

    ]atoc rg`uegrothae ocsa hencumgs o fast ai dgegts tfot pratgnt oem gxpoem tfg chig stycg

    oem fgoctf ai warlgrs oem tfghr io`hchgs.

    Na`pgesothae hs tfg rg`uegrothae rgnghvgm dy oe g`pcaygg he rgture iar fhs/fgr

    naetrhduthae ta tfg arboehzothae. Ht hs oe arboehzgm pronthng tfot hevacvgs docoenheb tfgwarl-g`pcaygg rgcothae dy pravhmheb `aegtory oem eae-`aegtory dgegts ta

    g`pcayggs. Na`pgesothae hs oe hetgbroc port ai fu`oe rgsaurng `oeobg`get wfhnf

    fgcps he `athvotheb tfg g`pcayggs oem h`pravheb arboehzothaeoc ggnthvgegss.

    Na`pgesothae `oy dg usgm ta;

    Tgnruht oem rgtohe quochgm g`pcayggs.

    Henrgosg ar `ohetohe `arocg/sothsionthae.

    Tgworm oem genaurobg pgol pgriar`oeng.

    Onfhgvg hetgreoc oem gxtgreoc gquhty.

    Tgmung tureavgr oem genaurobg na`poey cayocty.

    @amhiy (tfraubf egbathothaes) pronthngs ai uehaes.

    Na`pgesothae whcc dg pgrnghvgm dy g`pcayggs os iohr hi tfg oppraonf hs dosgm ae

    systg`othn na`paegets. Yorhaus na`pgesothae systg`s fovg mgvgcapgm ta mgtgr`heg

    tfg vocug ai pashthaes. ]fgsg systg`s uthchzg `oey sh`hcor na`paegets hencumheb

    kad mgsnrhpthaes, socory roebgs/strunturgs, oem wrhge prangmurgs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >

    4.? ]ypgs ai Na`pgesoae

    Na`pgesothae noe dg ai twa typgs. ]fgy org Mhrgnt ar Hemhrgnt Na`pgesothae.

    Mhrgnt na`pgesothae hs rg`uegrothae pravhmgm ta g`pcayggs he gxnfoebg iar tfghr

    codar oem sgrvhngs. Rfot `olgs ht mhrgnt hs tfot ht hs bhvge ta tfg g`pcaygg whtfaut oe

    hetgr`gmhory. Wemgr mhrgnt na`pgesothae tfgrg org twa sud typgs ai na`pgesothae.

    Zoy;Ht naeshsts ai wobgs oem socorhgs rgnghvgm iar pgriar`heb warl. Ht noe dg dosg

    poy oem `grht poy dosgm ae kad pgriar`oeng.

    Na`pgesothae

    Mhrgnt

    Zoy

    Dosg Zoy @grht Zoy

    Hengethvgs

    Hemhrgnt

    Dgegihts ^grvhngs

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg =

    Hengethvgs; ]fgy org pravhmgm iar fhbfgr pgriar`oeng. ]fgy noe dg phgng wobg,

    na``hsshae, daeus, prat sforheb, stanl apthae gtn.

    Mhrgnt na`pgesothae rgigrs ta `aegtory dgegts agrgm oem pravhmgm ta g`pcayggs he

    rgture ai tfg sgrvhngs tfgy pravhmg ta tfg arboehzothae. ]fg `aegtory dgegts hencumg

    doshn socory, fausg rget occawoeng, naevgyoeng, cgovg trovgc occawoeng, `gmhnoc

    rgh`dursg`gets, spgnhoc occawoengs, daeus, Zi/Brotuhty, gtn. ]fgy org bhvge ot o rgbucor

    hetgrvoc ot o mgehtg th`g.

    Mhrgnt

    Na`pgesothae

    @gmhnocTgh`dursg-

    `gets

    ^pgnhocOccawoengs

    Daeus

    Cgovg ]rovgcOccawoeng

    Naevgyoeng

    Fausg TgetOccawoeng

    Doshn ^ocory

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 7

    Hemhrgnt na`pgesothaes org pravhmgm iar tfg g`pcayggs dgegt, dut org eat bhvge

    mhrgntcy ta tfg g`pcaygg. Wemgr hemhrgnt na`pgesothae tfgrg org twa typgs ai

    na`pgesothae

    Dgegts org tfg poy`gets ommhthae ta poy. ]fgy noe dg

    Zoy iar th`g eat warlgm; Zohm vonothae, fachmoys, cgovgs gtn.

    Zratgnthae Zrabro`s; Zgeshae, brotuhty, hesuroeng gtn.

    Gxgnuthvg Dgegts; Irgg Egwspopgrs, tgcgpfaeg rgetoc gtn.

    ^grvhngs oem Zgrquhshtgs; ]fgy henrgosg g`pcayggs wgccdgheb ot ea nast ar

    shbehnoetcy rgmungm nast ta g`pcayggs. ]fgy noe dg

    Fausheb, troespart, iaam

    Caoes, nfhcmrges gmunothae gxpgesgs

    Mhsnauet ae purnfosgs, nrgmht norms

    ^anhoc-nucturoc rgnrgothaeoc onthvhthgs< ncud sudsnrhpthaes.

    Hemhrgnt na`pgesothae hencumg Cgovg Zachny, Avgrth`g Zachny, Nor pachny,

    Fasphtochzothae, Hesuroeng, Cgovg trovgc Osshstoeng Ch`hts, Tgthrg`get Dgegts, Fachmoy

    fa`gs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 9

    Hemhrgntna`pgesothae

    Avgrth`gZachny

    Fasphtochzothae

    Hesuroeng

    Cgovg trovgc

    Tgthrg`getDgegihts

    Fachmoyfa`gs

    Icgxhdcg]h`hebs

    Cgovg Zachny

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 2

    4.4 Na`paegets ai Na`pgesoae ^ystg`

    Na`pgesothae systg`s org mgshbegm lggpheb he `hems tfg strotgbhn baocs oem dushegss

    adkgnthvgs. Na`pgesothae systg` hs mgshbegm ae tfg doshs ai ngrtohe iontars oitgr

    oeocyzheb tfg kad warl oem rgspaeshdhchthgs. Na`paegets ai na`pgesothae systg` org os

    iaccaws;

    4.>]fgary dgfhem Na`pgesoae

    Tgheiarng`get oem Gxpgntoeny

    ]fgarhgs Tgheiarng`get tfgary stotgs tfot o rgspaesg iaccawgm dy o rgworm hs `arg

    chlgcy ta rgnur he tfg iuturg (]faremhlgs Cow ai Ggnt). ]fg h`pchnothae iar

    na`pgesothae `oeobg`get hs tfot fhbf g`pcaygg pgriar`oeng iaccawgm dy o `aegtory

    rgworm whcc `olg iuturg fhbf pgriar`oeng `arg chlgcy. Dy tfg so`g talge, fhbf

    pgriar`oeng eat iaccawgm dy o rgworm whcc `olg ht cgss chlgcy he tfg iuturg. ]fg tfgary

    g`pfoshzgs tfg h`partoeng ai o pgrsae ontuoccy gxpgrhgenheb tfg rgworm.

    Chlg rgheiarng`get tfgary, gxpgntoeny tfgary (Yraa`, ?89=) ianusgs ae tfg chel

    dgtwgge rgworms oem dgfovhars (hestru`getochty pgrngpthaes), octfaubf ht g`pfoshzgs

    gxpgntgm (rotfgr tfoe gxpgrhgengm) rgworms (h.g., hengethvgs). @athvothae hs ocsa o

    iuenthae ai twa atfgr iontars; gxpgntoeny, tfg pgrnghvgm chel dgtwgge gart oem

    pgriar`oeng, oem vocgeng, tfg gxpgntgm vocug ai autna`gs (g.b., rgworms).

    Na`pgesothae systg`s mhgr onnarmheb ta tfghr h`pont ae tfgsg `athvothaeoc

    na`paegets. Bgegroccy spgolheb, poy systg`s mhgr `ast he tfghr h`pont ae

    hestru`getochty; tfg pgrnghvgm chel dgtwgge dgfovhars oem poy ocsa rgigrrgm ta he tfg

    poy chtgroturg os "cheg ai shbft." Yocgeng ai poy autna`gs sfaucm rg`ohe tfg so`g uemgr

    mhgrget poy systg`s. Gxpgntoeny pgrngpthaes aitge fovg `arg ta ma whtf kad mgshbe

    oem troheheb tfoe poy systg`s.

    ^ocory^trunturgs

    ^ocory^urvgys

    Kad

    Oeocyshs

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 6

    Gquhty ]fgary

    Gquhty tfgary subbgsts tfot g`pcaygg pgrngpthaes ai wfot tfgy naetrhdutg ta tfg

    Arboehzothae, wfot tfgy bgt he rgture, oem faw tfghr rgture-naetrhduthae rotha na`porgs

    ta atfgrs heshmg oem autshmg tfg arboehzothae, mgtgr`heg faw iohr tfgy pgrnghvg tfghr

    g`pcay`get Tgcothaesfhp ta dg (Omo`s, ?89>). Zgrngpthaes ai hegquhty org gxpgntgm tanousg g`pcayggs ta tolg onthaes ta rgstarg gquhty. Weiartueotgcy, sa`g sunf onthaes

    (g.b., quhheb ar conl ai naapgrothae) `oy eat dg fgcpiuc ta tfg arboehzothae. ]wa rgnget

    g`phrhnoc stumhgs pravhmg baam gxo`pcgs ai tfg typgs ai nauetgrpramunthvg dgfovhars

    tfot noe annur os o rgsuct ai pgrnghvgm hegquhty. He tfg rst stumy, Brggedgrb (?88:)

    gxo`hegm faw oe arboehzothae4 na``uehnotgm poy nuts ta hts g`pcayggs oem tfg

    ggnts ae tfgit rotgs oem pgrnghvgm gquhty. ]wa arboehzothae uehts rgnghvgm ?7% onrass-

    tfg-daorm poy nuts. O tfhrm ueht rgnghvgm ea poy nut oem sgrvgm os o naetrac braup. ]fg

    rgosaes iar tfg poy nuts wgrg na``uehnotgm he mhgrget woys ta tfg twa poy -nut

    braups. He tfg "omgquotg gxpcoeothae" poy-

    nut braup, `oeobg`get pravhmgm oshbehnoet mgbrgg ai heiar`othae ta gxpcohehts rgosaes iar tfg poy nut, oem ocsa

    gxprgssgm shbehnoet rg`arsg. He naetrost, tfg "heomgquotg gxpcoeothae" braup rgnghvgm

    `unf cgss heiar`othae oem ea hemhnothae ai rg`arsg. ]fg naetrac braup rgnghvgm ea poy

    nut (oem tfus ea gxpcoeothae).]fg naetrac braup oem tfg twa poy-nut braups dgboe whtf

    tfg so`g tfgit rotgs oem gquhty pgrngpthaes. Oitgr tfg poy nut, tfg tfgit rotg wos 7=%

    fhbfgr he tfg omgquotg gxpcoeothae braup tfoe he tfg naetrac braup. Fawgvgr, he tfg

    "heomgquotg gxpcoeothae" naemhthae, tfg tfgit rotg wos?=?% tfoe he tfg naetrac braup. He

    tfhs nosg, na``uehnothae fom o corbg, hemgpgemget ggnt ae g`pcayggs ohtumgs oem

    dgfovhars.

    Nawfgrm oem Cgvheg (?884) usgm o so`pcg ?:4 dushegss uehts he =? narparothaes ta

    gxo`heg wfgtfgr tfg shzg ai tfg poy mhgrgethoc dgtwgge cawgr-cgvgc g`pcayggs oem tap

    `oeobg`get fom oey h`pont ae pramunt quochty. Nawfgrm oem Cgvheg subbgst tfot

    hemhvhmuocs aitge na`porg tfghr poy ta tfot ai pgapcg fhbfgr he tfg arboehzothae

    strunturg. Hi cawgr-cgvgc g`pcayggs iggc hegquhtodcy trgotgm, tfgy `oy sggl ta rgmung

    tfghr gart ta onfhgvg gquhty. _uochty, he tfghr stumy, wos mgegm os nusta`gr

    pgrngpthaes ai tfg quochty ai baams oem sgrvhngs. ]fgy fypatfgshzgm tfot gxtro racg, ar

    nhthzgesfhp dgfovhars, sunf os irggcy agrheb ta fgcp atfgrs, iaccawheb tfg sphrht rotfgr

    tfoe cggr ai rucgs, oem narrgntheb grrars tfot waucm armheorhcy gsnopg eathng, waucm dg

    cgss chlgcy wfge poy mhgrgethocs dgtwgge faurcy oem tap `oeobgrhoc g`pcayggs wgrg

    corbg. ]fghr rgsucts suppartgm tfhs fypatfgshs, subbgstheb tfot G`pcayggs oy usg atfgr

    na`porhsaes stoemorms ocsa, sunf os tfghr prgvhaus ar gxpgntgm iuturg kads ar nast ai

    chvheb. Arboehzothaes eggm ta tolg norg tfot tfgy eat iarbgt tfg patgethoc omvgrsg

    `athvothaeoc naesgqugengs ai gxgnuthvg poy iar tfg `athvothae ai atfgr g`pcayggs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 8

    Obgeny ]fgary

    Obgeny tfgary, uethc rgngetcy dgst leawe he tfg gnaea`hns, eoeng, oem cow chtgroturgs,

    ianusgs ae tfg mhvgrbget hetgrgsts oem baocs ai tfg arboehzothaes stolgfacmgrs, oem tfg

    woys tfot g`pcaygg na`pgesothae noe dg usgm ta ochbe tfgsg hetgrgsts oem baocs

    (Ghsgeformt, ?868< Io`o &Kgesge, ?86>). Awegrsfhp oem `oeobg`get (ar naetracs) org

    typhnoccy sgporotg he tfg `amgre narparothae, uechlg tfg moys wfge tfg awegr oem

    `oeobgr wos aitge tfg so`g pgrsae. Rhtf `ast stanlfacmgrs ior rg`avgm ira` moy-ta-

    moy apgrothaes, sa-noccgm obgeny nasts (h.g., nasts tfot orhsg ira` tfg hetgrgsts ai tfg

    prhenhpocs/awegrs oem tfghr obgets/`oeobgrs eat naevgrbheb org nrgotgm. Rfot hs dgst

    iar tfg obget/`oeobgr `oy eat dg dgst iar tfg awegr. Gxo`pcgs ai obgeny nasts hencumg

    `oeobg`get spgemheb `aegy ae pgrquhshtgs (g.b., "supgruaus" narparotg kgts) ar

    "g`phrg duhcmheb" (onquhshthaes tfot ma eat omm vocug ta tfg na`poey dut `oy gefoeng

    tfg `oeobgrs prgsthbg ar poy) rotfgr tfoe sgglheb ta `oxh`hzg sforgfacmgr wgoctf(Co`dgrt & Cornlgr, ?868). He ommhthae, tfg iont tfot `oeobgrs oem sforgfacmgrs `oy

    mhgr he tfghr ohtumgs taworm rhsl bhvgs rhsg ta obgeny nasts. ^forgfacmgrs noe mhvgrshiy

    tfghr hevgst`gets (oem tfus tfghr rhsls) `arg goshcy tfoe `oeobgrs noe mhvgrshiy rhsl he

    tfghr poy. Os o naesgqugeng, `oeobgrs `oy prgigr rgcothvgcy chcg rhsl he tfghr poy (g.b.,

    fhbf g`pfoshs ae dosg socory,-caw g`pfoshs ae uengrtohe daeusgs ar hengethvgs).

    Hemggm, rgsgornf sfaws tfot `oeobgrhoc na`pgesothae he `oeobgr-naetraccgm rtfs hs

    `arg aitge mgshbegm he tfhs `oeegr (]ash & Ba`gz-@gkho, ?868).Obgeny nasts ocsa stg`

    ira` mhgrgengs he mgnhshae-`olheb farhzaes. Gspgnhoccy wfgrg `oeobgrs gxpgnt ta

    spgem chcg th`g he tfg kad ar whtf tfg arboehzothae, tfgy `oy dg `arg henchegm ta`oxh`hzg sfart-rue pgriar`oeng (oem poy), pgrfops ot tfg gxpgesg ai caeb-tgr`

    sunngss.

    Obgeny tfgary hs ocsa ai vocug he tfg oeocyshs oem mgshbe ai eae -`oeobgrs

    na`pgesothae. He tfhs nosg, tfg mhvgrbgeng ai hetgrgsts `oy gxhst dgtwgge `oeobgrs

    (eaw he tfg racg ai prhenhpocs) oem tfghr g`pcayggs (wfa tolg ae tfg racg ai obgets). He

    mgshbeheb ghtfgr `oeobgrhoc ar eae-`oeobgrhoc na`pgesothae, tfg lgy qugsthae hs,

    "Faw noe sunf obgeny nasts org `heh`hzgm1" Obgeny tfgary soys tfot tfg prhenhpoc

    `ust nfaasg o naetrontheb snfg`g tfot fgcps ochbe tfg hetgrgsts ai tfg obget whtf tfgprhenhpocs awe hetgrgsts (h.g., rgmungs obgeny nasts). ]fgsg naetronts noe dg ncosshgm os

    ghtfgr dgfovhar arhgetgm (g.b., `grht poy) ar autna`g arhgetgm (g.b., stanl apthaes, prat

    sforheb, na``hsshaes). Ot rst dcusf, autna`g-arhgetgm naetronts sgg` ta dg tfg

    advhaus sacuthae. Hi prats org fhbf, na`pgesothae bags up. Hi prats ba mawe,

    na`pgesothae bags mawe. ]fg hetgrgsts ai "tfg r`" oem g`pcayggs org ochbegm. Oe

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?:

    h`partoet mrowdonl, fawgvgr, hs tfot sunf naetronts henrgosg tfg o`auet ai rhsl dareg

    dy tfg obget. Iurtfgr`arg, dgnousg obgets org ovgrsg ta rhsl, tfgy `oy rgquhrg fhbfgr

    poy (o na`pgesotheb wobg mhgrgethoc) ta `olg up iar ht. Dgfovhar-dosgm naetronts, ae

    tfg atfgr foem, ma eat troesigr rhsl ta tfg obget, oem tfus ma eat rgquhrg o

    na`pgesotheb wobg mhgrgethoc. Fawgvgr, tfg prhenhpoc `ust dg odcg ta `aehtar whtfchcg nast wfot tfg obget fos maeg. Atfgrwhsg, tfg prhenhpoc `ust ghtfgr hevgst he

    `aehtarheb/heiar`othae ar strunturg tfg naetront sa tfot poy hs chelgm ot cgost portcy ta

    autna`gs.

    Rfhnf typg ai naetront sfaucm oe arboehzothae usg1 Ht mgpgems portcy ae tfg iaccawheb

    iontars (Ghsgeformt, ?868);

    Thsl ovgrshae. Thsl ovgrshae o`aeb obgets `olgs autna`g-arhgetgm naetronts

    `arg nastcy.

    Autna`g uengrtohety. Zrat hs oe gxo`pcg ai oe autna`g. Chelheb poy ta prats(autna`g-dosgm naetront) hs `arg nastcy ta tfg gxtget tfot prats vory oem sa

    tfgrg hs o rhsl ai caw prats.

    Kad prabro``odhchty. Os kads dgna`g cgss prabro``odcg (h.g., cgss rautheg oem

    cgss strunturgm), oem `arg mhnuct ta `aehtar, autna`g-arhgetgm naetronts

    dgna`g `arg chlgcy. ]fg henrgosheb na`pcgxhty ai arboehzothaes oem tgnfeacaby

    `olgs `aehtarheb `arg mhnuct, oem `oy fgcp gxpcohe tfg brawheb usg ai

    vorhodcg poy prabro`s (mhsnussgm dgcaw), wfhnf org gxo`pcgs ai autna`g-dosgm

    naetronts. Naeshstget whtf tfhs hmgo, autna`g-arhgetgm naetronts (g.b., prat

    sforheb oem stanl pcoes) org `arg prgvocget he rgsgornf oem mgvgcap`get

    arboehzothaes, wfgrg `aehtarheb hs gspgnhoccy mhnuct (@hclavhnf, Bgrfort, &

    Foeeae, ?88?). Zoy cgvgcs org ocsa fhbfgr, naeshstget whtf tfg hmgo tfot

    g`pcayggs `ust dg na`pgesotgm iar sforheb `arg rhsl.

    @gosurodcg cad autna`gs. Rfge autna`gs org `arg `gosurodcg, autna`g-

    arhgetgm naetronts org arg chlgcy.

    Odhchty ta poy. Autna`g-arhgetgm naetronts naetrhdutg ta fhbfgr na`pgesothae

    nasts dgnousg ai tfg rhsl prg`hu`.

    ]romhthae. O tromhthae ar nusta` ai usheb (ar eat usheb) autna`g

    -

    arhgetgmnaetronts whcc `olg sunf naetronts `arg (ar cgss) chlgcy.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ??

    >. e Avgrvhgw ai Doelheb ^gntar he Doebcomgsf

    ]fg Doelheb Hemustry he Doebcomgsf hs o na`pcgx oem na`pgththvg aeg. ]fg sgntar noe

    dg mhobro`gm os iaccaws;

    ]fg sgntar noe dg mhobro`gm os iaccaws;

    O drhgi mgsnrhpthae ai gonf ai tfg braups hs eatgm fgrg;

    Doebcomgsf Doel

    Doebcomgsf Doel hs tfg Ngetroc Doel ai Doebcomgsf oem tfg nfhgi rgbucotary outfarhty

    he tfg sgntar. ]fg doelheb systg` naeshsts ai iaur eothaeochzgm na``grnhoc Doels,

    orauem iarty prhvotg na``grnhoc doels, eheg iarghbe `uctheothaeoc doels oem sa`g

    spgnhochzgm doels. ]fg `hehstry ai Iheoeng he ossanhothae whtf Doebcomgsf doel

    rgbucotgs tfg doelheb sgntar tfraubf `aegtory oem snoc pachnhgs wfgrgos doels org

    apgrotheb uemgr buhmgchegs sgt dy Doebcomgsf Doel.

    Doebcomgsf Doel

    ^pgnhochzgm

    Doels

    Na``grnhocDoels

    Eothaeochzgm

    DoelsZrhvotg Na``grnhoc

    DoelsIarghbe Doels

    Eae-Doelheb

    Iheoenhoc Hesthtutha

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?4

    ^pgnhochzgm Doels

    ]fgsg doels doshnoccy org spgnhochzgm `hnra-eoeng hesthtuthae, wfhnf

    rgvacuthaehzgm tfg naengpt ai `hnra-nrgmht oem naetrhdutgm brgotcy taworms pavgrty

    rgmunthae oem tfg g`pawgr`get ai wa`ge he Doebcomgsf.

    ]fg Eadgc-prhzg wheeheb Bro`gge Doel hs o spgnhochzgm `hnra-eoeng hesthtuthae,

    wfhnf rgvacuthaehzgm tfg naengpt ai `hnra-nrgmht oem naetrhdutgm brgotcy taworms

    pavgrty rgmunthae oem tfg g`pawgr`get ai wa`ge he Doebcomgsf. Aut ai tfg

    spgnhochzgm doels, twa (Doebcomgsf Lrhsfh Doel oem Toksfofh Lrhsfh Weeoyoe Doel)

    wgrg nrgotgm ta `ggt tfg nrgmht eggms ai tfg obrhnucturoc sgntar wfhcg tfg atfgr twa (

    Doebcomgsf ^fhcpo Doel (D^D) & Doeb comgsf ^fhcpo The ^oebtfo (D^T^) org iar

    gxtgemheb tgr` caoes ta tfg hemustrhoc sgntar. ]fg ^pgnhochzgm doels org;

    Bro`gge Doel

    Doebcomgsf Lrhsfh Doel

    Doebcomgsf ^fhcpo Doel

    Toksfofh Lrhsfh Weeoyoe Doel

    Doebcomgsf ^fhcpo The ^oebstfo

    Doshn Doel Ctm (Doel ai ^`occ Hemustrhgs oem Na``grng)

    Doebcomgsf ^a`adoy Doel Ch`htgm (Naapgrothvg Doel)

    ]fg Mfolo @grnoethcg Na-apgrothvg Doel Ch`htgm (M@NDC)

    Eothaeochzgm Doels

    ]fg doelheb systg` ai Doebcomgsf hs ma`heotgm dy tfg = Eothaeochzgm Na``grnhoc

    Doels, wfhnf tabgtfgr naetraccgm `arg tfoe 7:%-77% ai mgpashts. ]fg eothaeochzgm

    na``grnhoc doels org;

    ^aeoch Doel

    Koeoto Doel

    Obroeh Doel

    Tupoch Doel

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?>

    Zrhvotg Na``grnhoc Doels

    Zrhvotg Doels org tfg fhbfgst brawtf sgntar mug ta tfg mhs`oc pgriar`oengs ai

    bavgre`get doels (odavg). ]fgy tgem ta agr dggr sgrvhng oem pramunts.

    OD Doel Ch`htgm

    DTON Doel Ch`htgm

    Mutnf Doebco Doel Ch`htgm

    Mfolo Doel Ch`htgm

    Hsco`h Doel Doebcomgsf Ctm

    HIHN Doel Ch`htgm

    Wehtgm Na``grnhoc Doel Ch`htgm

    ENN Doel Ch`htgm

    Zrh`g Doel Ch`htgm

    Gxh` Doel Ch`htgm

    Doel Osho Ch`htgm

    ]rust Doel Ch`htgm oem `oey `arg

    Iarghbe Na``grnhoc Doels

    Nhthbraup

    F^DN

    ^toemorm Nfortgrgm Doel

    Na``grnhoc Doel ai Ngycae

    ^totg Doel ai Hemho

    Eothaeoc Doel ai Zolhstoe oem `oey `arg

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?=

    =. ]fg gb`gets ai Zoy Na`paegets he Doelheb gntar ai Doebcomgsf

    ]a gvocuotg tfg vorhaus na`paegets ai tfg tatoc na`pgesothae ponlobg, tfg vocugs ai

    eae-nosf pgrquhshtgs oem dgegts fovg dgge `aegthzgm ot nurrget `orlgt rotgs.

    Rfhcg na`putheb Oeeuoc Buoroetggm Nosf, htg`s chlg Zgriar`oeng Daeus, wfhnf hs

    vorhodcg, oem ]gr`heoc Zoy`gets fovg eat dgge tolge heta onnauet tfaubf tfgsg fovg

    dgge naeshmgrgm iar tfg purpasg ai Oeeuoc Nast ta tfg Na`poey.

    ]fg na`pgesothae ponlobg fos dgge mhvhmgm heta vg sgb`gets;

    o) @aetfcy Buoroetggm Nosf

    d) Oeeuoc Buoroetggm Nosf

    n) Oeeuoc Yorhodcg Nosf

    m) ]gr`heoc Zoy`gets

    g) @aetfcy Nast ai Dgegts

    o. @aetfcy Buoroetggm Nosf

    Doshn ^ocory

    Ontuoc ovgrobg doshn socory ai tfg dgenf`orls fos dgge tolge.

    Ea g`pcaygr obrggs ta pravhmg ontuoc hemhvhmuoc socory iar tfg dgenf`orl kads os

    tfhs hs naemgethoc dgtwgge tfg g`pcaygr oem tfg g`pcaygg. Rfgrg o kad hs fgcm dy aeg

    pgrsae, tfg hemhvhmuocs ontuoc socory fos dgge sfawe. Rfgrg 4/> dgenf`orl kads iocc

    uemgr aeg bromg, ontuoc ovgrobg ai tfot bromg fos dgge tolge. Rfgrg ontuoc ovgrobg fos

    eat dgge ovohcodcg, tfg `goehebiuc pahet ai tfg socory roebg, oppchnodcg ta tfg kad bromgs

    ai tfg dgenf`orl fos dgge tolge.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?7

    Fausg Tget Occawoeng

    ^pgnhn o`auets ar pgrngetobg ai doshn socory pohm he nosf iar gonf `otnfgm kad fovg

    dgge tolge.

    Ma`gsthn Ohms Robg

    ^pgnhn o`auets pohm he nosf iar gonf `otnfgm kad fovg dgge tolge.

    Wthchthgs / @ohetgeoeng

    ^pgnhn o`auets pohm os nosf occawoeng fovg dgge tolge.

    ]roespart Occawoeng

    ^pgnhn o`auets pohm he nosf iar gonf `otnfgm kad fovg dgge tolge.

    @gmhnoc Occawoeng

    O spgnhn o`auet pohm he nosf fos dgge usgm.

    Zgrsaeoc / ^pgnhoc / Atfgr Occawoeng

    ^pgnhn o`auets pohm he nosf os occawoengs fovg dgge uthchzgm.

    _uhtg o igw nasts org cu`pgm heta tfhs oem pohm he nosf. Rhtf rgmunthae ai pgrsaeoc tox

    scods, g`pcaygrs org aptheb iar o `arg troesporget poy systg` naeiar`heb ta tfg tox

    rgbucothaes.

    @goc Occawoeng

    ^pgnhn o`auets pohm he nosf os occawoeng fovg dgge usgm.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?9

    Nfhcmrge Gmunothae Occawoeng

    ^pgnhn o`auet pohm he nosf fos dgge usgm.

    d. Oeeuoc Buoroetggm Nosf

    Oeeuoc Daeus

    ]fhs hs o mgigrrgm wobg eat chelgm ta pratodhchty. Ontuoc o`auet pohm uemgr tfhs fgom

    fos dgge usgm.

    Igsthvoc Daeus

    Ontuoc o`auet pohm uemgr tfhs fgom fos dgge usgm.

    Cgovg Iorg Osshstoeng

    Ontuoc o`auets pohm ta tfg g`pcayggs fovg dgge tolge.

    n) Oeeuoc Yorhodcg Nosf

    Zgriar`oeng Daeus

    Ontuoc o`auets pohm fovg dgge tolge. ]fhs hs pohm dy tfg g`pcaygrs he mhgrget iar`s

    dosgm ae;

    G`pcayggs pgriar`oeng aecy

    Na`dhegm pgriar`oeng ai tfg braup, dushegss ueht oem tfg g`pcaygg

    Na`poey pgriar`oeng

    Zrat Daeus

    Ontuoc o`auets pohm, dosgm ae na`poey pratodhchty, fovg dgge tolge.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?2

    Hengethvg Daeus

    ^@N poys oe hengethvg daeus ta hts occ hts g`pcayggs. ]fg hengethvg o`auet hs o xgm

    su` iar gonf bromg.

    m) ]gr`heoc Zoy`gets

    Zravhmget Iuem

    Ontuoc poy`gets `omg dy tfg g`pcaygrs ta tfg Iuem fovg dgge usgm.

    Brotuhty

    Ontuoc o`auets pravhmgm dy tfg g`pcaygrs he tfg Daals ai Onnauets fovg dgge usgm.

    Zgeshae Iuem

    Ontuoc poy`gets `omg dy tfg g`pcaygrs ta tfg Iuem fovg dgge usgm.

    g) @aetfcy Nast ai Dgegts

    Na`poey Cgosgm Onna``amothae

    Ontuoc nast fos dgge tolge.

    Fausgfacm Ggnts (Mgprgnhothae)

    ]fhs rggnts tfg nast ai mgprgnhothae ae onnauet ai form oem sait iurehsfheb oemgcgntrhnoc oppchoengs pravhmgm dy tfg na`porotars.

    Wthchthgs / @ohetgeoeng

    Nasts uemgr tfhs fgom fovg dgge tolge ot ontuoc.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?6

    ]gcgpfaeg

    Ontuoc nast fos dgge tolge.

    Na`poey Nor (Mgprgnhothae)

    Rfgrg na`poey nors org pravhmgm iar datf iuenthaeoc oem pgrsaeoc purpasgs, tfg

    burgs `gethaegm rgprgsget tfg nast ai mgprgnhothae.

    Tueeheb oem @ohetgeoeng Nast

    Ontuoc o`auets spget iar iugc oem nor `ohetgeoeng fovg dgge usgm.

    Mrhvgrs Robgs

    Rfgrg mrhvgrs org Na`poey g`pcayggs, tfghr ontuoc nast fos dgge tolge. Rfgrg Zrhvotg

    Mrhvgr's wobgs org pohm iar, ontuoc o`auets pohm ta tfg g`pcayggs fovg dgge tolge.

    Tgbhstrothae / Hesuroeng / ]ox

    Nasts ai rgbhstrothae, hesuroeng, tox, gtn. fovg dgge tolge, ot ontuoc.

    Zhnlup-Mrap / ]roespartothae Nast

    Ontuoc nast ta tfg na`poey iar phnlup-mrap ionhchty fos dgge tolge.

    Getgrtohe`get Occawoeng

    ^pgnhn nasts rgh`dursgm fovg dgge uthchzgm.

    Noetgge ^udshmy

    ^pgnhn nasts ae onnauet ai na`poey pravhmgm sudshmhzgm `gocs fovg dgge tolge.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ?8

    Na`poey Zramunts

    ^pgnhn nasts ae onnauet ai na`poey pramunts fovg dgge tolge.

    Ncud @g`dgrsfhp

    ]fg ontuoc o`auets pohm iar dy tfg g`pcaygrs fovg dgge uthchzgm.

    Braup Chig Hesuroeng

    Ontuoc prg`hu` pohm dy tfg g`pcaygrs fos dgge usgm.

    @gmhnoc Gxpgesg

    ]fg ovgrobg nast ta tfg g`pcaygr ae onnauet ai `gmhnoc rgh`dursg`get fos dgge usgm,

    ot ontuoc.

    Fasphtochzothae ^nfg`g

    Zrg`hu` pohm dy tfg na`porotars uemgr tfg Fasphtochzothae Hesuroeng Zachnhgs fos

    dgge tolge ot ontuoc.

    Caoe

    O`auet ai hetgrgsts odsardgm dy tfg na`porotar iar uthchzothae ai vorhaus caoe pachnhgs

    fos dgge tolge.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 4:

    Irhebg Dgegts

    G`pcaygg dgegts, sa`gth`gs noccgm irhebg dgegts, org tfasg rgworms tfot g`pcayggs

    rgnghvg iar dgheb `g`dgrs ai tfg arboehzothae oem iar tfghr pashthae he tfg arboehzothae

    uechlg wobg, socorhgs oem hengethvgs, dgegts org usuoccy eat rgcotgm ta g`pcaygg

    pgriar`oeng.

    ]fg tgr` irhebg dgegts wos nahegm avgr =: ygors oba dy tfg wor codar Daorm,

    Tgosaeheb tfot g`pcaygr pravhmgm dgegts sunf os pohm vonothae, fachmoys oem

    pgeshaes wgrg ae tfg irhebg ai wobgs , org obgeny gxg`ptgm tfg` ira` poy naetracs. Ht

    fos dgge orbugm tfot tfhs onthae, `arg tfot oey shebcg gvget, cgm ta tfg mro`othn

    gxpoeshae ai g`pcaygg dgegts tfot fos sheng annurrgm. Fawgvgr, dgnousg ai tfg

    shbehnoeng ai dgegts ta tatoc na`pgesothae, `oey g`pcaygrs fovg mrappgm tfg warm

    irhebg iar igor tfot ht fos o `heh`hzheb ggnt.

    Iaccawheb hs tfg chst sfawheb tfg typgs ai dgegts tfot g`pcayggs noe rgnghvg

    ira` tfg na`poey;

    TG]HTG@GE]

    TGCO]GM

    HE^WTOENG

    TGCO]GM

    ZOX@GE]

    IAT ]H@G EA]

    RATLGM

    A]FGT^

    Zgeshae iuem @gmhnoc hesuroeng Yonothae Na`poey mhsnauets

    Oeeuhty pcoe Onnhmget hesuroeng Fachmoys @gocs iurehsfgm dy na`poey

    Gorcy rgthrg`get Chig hesuroeng ^hnl cgovg @avheb gxpgesgs

    Mhsodhchty

    rgthrg`getMhsodhchty hesuroeng @hchtory cgovg ^gvgroeng poy

    Tgthrg`get brotuhty Mgetoc hesuroeng Zohm rgst pgrhams ]uhthae rgiuems

    ^urvhvar dgegihts Cuenf pgrhams Nrgmht uehae

    ]rovgc th`g Na`poey nor

    Cgboc sgrvhng

    Iheoenhoc nauesgcheb

    Tgnrgothae ionhchthgs

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 4?

    7. Mfolo Doel Ch`htgm

    7.? Donlbrauem ai Mfolo Doel Ch`htgm (MDC)

    Mfolo Doel Ch`htgm (MDC) wos henarparotgm os o Zudchn Ch`htgm Na`poey ae Oprhc :9,

    ?887 uemgr tfg Na`poey Ont ?88= oem stortgm hts Na``grnhoc Apgrothae ae Kueg :7,?887 os Zrhvotg Na``grnhoc Doel. ]fg Doel stortgm hts kauregy whtf oe Outfarhzgm

    Nophtoc ai ]l.?:::.:: @hcchae oem Zohm up Nophtoc ai ]l.?::.:: @hcchae. ]amoy ht hs aeg ai

    tfg `ast rgeawegm Zrhvotg Na``grnhoc Doels fovheb `ucthpcg droenfgs he tfg `okar

    nhthgs ai tfg Nauetry.

    Mfolo Doel Ch`htgm (MDC) fos stortgm hts Dushegss whtf occ tfg igoturgs ai o Narparotg

    Doel oem tfg Zramunts ai datf Narparotg oem Tgtohc Doelheb ^ystg`< ta ionhchtotg tfg

    mohcy nchgetgcg rgquhrg`gets. MDC hs ocwoys tryheb ta h`pravg tfghr Nusta`gr ^grvhngshe gvgry sgntar, dut he tamoys Na`pgththvg Dushegss Rarcm, Doels eggm ta agr

    ommhthaeoc naengetrothae ta tfg Nchgets rgquhrg`gets he armgr ta stoy ot tfg tap.

    ]fgrgiarg, dgshmgs mgocheb whtf tfg bgegroc orhdutgs ai Mhgrget Zramunts, tfgy fovg

    dgge tryheb ta put `arg g`pfoshs ae tfg Nusta`gr Dgegts oem atfgr Nusta`gr rgcotgm

    Ionhchthgs.

    @hsshae & Yhshae

    ]fg @hsshae ai tfg Mfolo Doel Ch`htgm (MDC) hs ta dg tfg Zrg`hgr Iheoenhoc Hesthtuthae

    he tfg nauetry pravhmheb Fhbf _uochty Zramunts oem ^grvhngs donlgm dy Cotgst

    ]gnfeacaby oem o ]go` ai Fhbfcy @athvotgm Zgrsaeegc ta mgchvgr Gxngccgeng he

    Doelheb.

    ]fg stors he tfg sgvge slhgs sporlcg he drhcchoeng oem twhelcg he dchssiuc dgouty. Rg

    waemgr ot tfg` he praiauem om`hrothae oem spgnucothae.

    Ot Mfolo Doel wg mrow aur hesphrothae ira` tfg mhstoet stors. Aur tgo` hs na``hgm

    ta ossurg o stoemorm tfot `olgs gvgry doelheb troesonthae o pcgosurodcg gxpgrhgeng.Aur pgapcg, pramunts oem prangssgs org ochbegm ta `ggt tfg mg`oem ai aur mhsngreheb

    nusta`gr. Aur baoc hs ta onfhgvg o mhsthenthae chlg tfg cu`heorhgs he tfg slhgs. Aur prh`g

    adkgnthvg hs ta mgchvgr o quochty tfot mg`aestrotgs o trug rggnthae ai aur vhshae -

    Gxngccgeng he Doelheb.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 44

    Baocs ai tfg Doel

    Caeb-tgr` Baoc;

    ]a dg tfg @orlgt Cgomgr datf he tgr`s ai Mgpashts oem baam omvoengs o`aeb Zrhvotg

    Na``grnhoc Doels he Doebcomgsf dy tfg ygor 4::8.

    ^fart-tgr` Baoc;

    ]a henrgosg Nurrget @orlgt ^forgs.

    Iheoenhoc Baoc;

    ]a rgmung tfg gxhstheb Nast ai Iuem

    Yocugs

    Nusta`gr Ianus

    Hetgbrhty

    ]go` Rarl

    Tgspgnt iar Hemhvhmuoc

    _uochty

    Tgspaeshdcg Nhthzgesfhp

    @oeobg`get Na``hgg

    @r. Lfaemlgr Iozcg Tosfhm

    @oeobheb Mhrgntar

    @r. ]oewggr Tofh`

    Mgputy @oeobheb Mhrgntar

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 4>

    @r. Lohsgr ]o`hz O`he

    Mgputy @oeobheb Mhrgntar

    @r. Egoz @afo``om Lfoe

    Mgputy @oeobheb Mhrgntar

    @r. @.@. Fohloc Fosf`h

    ^gehar Gxgnuthvg Yhng Zrgshmget

    Fgom ai Nrgmht Na`pchoeng & Om`hehstrothae

    @r. Orfo` @osumuc Fuq

    ^gehar Gxgnuthvg Yhng Zrgshmget Na`poey ^gnrgtory

    @rs ^fo`sfom Dgbu`

    Zrhenhpoc, Mfolo Doel ]roheheb Hesthtutg & Fgom ai Fu`oe Tgsaurngs Mhvhshae

    @r. ^.O.I.O. @usoddhr

    Gxgnuthvg Yhng Zrgshmget Cgboc & Tgnavgry

    @r. Iolfruc Hsco`

    ^gehar Yhng Zrgshmget Fgom ai Apgrothaes

    @r. ^fof Ozhzuc Hsco`

    ^gehar Yhng Zrgshmget

    He-nforbg, Tgtohc Doelheb

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 4=

    @r. @m ^fofomot Fassohe

    ^gehar Yhng Zrgshmget

    He-nforbg-Nrgmht Apgrothaes

    @r. Morosfhla Lfosru

    Yhng Zrgshmget

    Fgom ai Iheoeng & Onnauets Mhvhshae

    @r. K._.@. Fodhduccof

    Yhng Zrgshmget

    Daorm ^gnrgtorhot & ^forg Mhvhshae

    @r. H`roe Of`gm

    Yhng Zrgshmget

    He-nforbg-T@W & Fgom DO^GC-HH H`p Ngcc

    @r. ^ygm Iohsoc A`or

    Yhng Zrgshmget

    He-nforbg, Bcadoc ]roesonthae ^grvhngs

    @r. @m. ^foulot Och Lfoe

    Yhng Zrgshmget

    He-nforbg, ^@G Weht

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 47

    @r. Iorul Of`gm

    ^gehar Osshstoet Yhng Zrgshmget

    He-nforbg, NZN-]romg Apgrothaes

    @r. O L @ Ofsoe Lodhr

    ^gehar Osshstoet Yhng Zrgshmget

    He-nforbg Hetgreoc Naetrac & Na`pchoeng

    @r. ^ohiuc @a`he

    ^gehar Osshstoet Yhng Zrgshmget

    He-nforbg, Heiar`othae ]gnfeacaby Mhvhshae

    @r. @gsdof Wmmhe Of`gm

    ^gehar Osshstoet Yhng Zrgshmget

    He-nforbg, ^yemhnothae & ^trunturgm Iheoeng

    @r. ^fohlf Octoi @of`um

    ^gehar Osshstoet Yhng Zrgshmget

    He-nforbg, @aehtarheb

    @r. Lo`ruc Ozhz Ehppae

    Ihrst Osshstoet Yhng Zrgshmget

    He-nforbg, Nophtoc @orlgt ^grvhngs

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 49

    @r. L. @. Iohsoc Ioruquh

    Osshstoet Yhng Zrgshmget

    He-nforbg ]rgosury Mhvhshae

    @r. Hdrofh` Lfochc

    ^gehar Zrhenhpoc Angr

    Fgom ai Zudchn Tgcothaes & Droem Na``uehnothae

    7.4 ]atoc Na`pgesoae oem Dgegts Zonlobg ai MDC

    Adkgnthvgs

    ]fhs nfoptgr autchegs tfg rucgs rgcotheb ta na`pgesothae strunturg oem tfg dgegt

    ponlobg ai tfg Doel oem bhvgs mgtohcgm prangmurgs iar gxgrnhsheb tfg` he armgr ta

    pra`atg iohr trgot`get oem naeshstgeny whtfhe tfg arboehzothae.

    ^ocory ^trunturg

    Tgigr ta tfg ^ocory & Tg`uegrothae Zonlobg ^trunturg iar ^upgrvhsars oem Gxgnuthvg

    ^to ai MDC iar mgtohcs rgbormheb tfg strunturg ai socory oem occawoengs iar mhgrget

    uehts uemgr MDC.

    Tgvhshae ai Zoy Gcg`gets

    ]fg na`pgesothae strunturg `oy dg rgvhsgm, hi egngssory, whtf tfg oppravoc ai tfg

    Mhrgntar, Om`he/FT, Fgom ai tfg Mgpt., Iheoeng oem tfg Nfhgi Gxgnuthvg.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 42

    G`pcaygg Na`pgesothae Tgnarms

    G`pcaygg Zoy Tgnarms org `ohetohegm dy tfg Zgrsaeegc & Om`he Mgport`get iar

    Rarlgrs oem ^upgrvhsars oem dy tfg Fu`oe Tgsaurng Mgport`get iar tfg Gxgnuthvgs.]fgsg mgport`gets `ohetohe pgrsaeoc cg ai occ g`pcayggs wfgrg occ rgnarms he

    rgborms ta tfg g`pcaygg org lgpt he ommhthae ta oey sait napy (he na`putgr motodosg)

    `ohetohegm dy tfg mgport`gets. ]fgsg rgnarms org naemgethoc oem sfaucm eat dg

    onngsshdcg ta oey ueoutfarhzgm pgrsaes (outfarhzothae mgegm dy FT ar Zgrsaeegc &

    Om`he mgpt. fgom).

    7.> Doshn G`pcaygg Dgegts iar Zgr`oeget G`pcayggs

    Zravhmget Iuem

    ]fg Doel's Zravhmget Iuem hs o iuemgm snfg`g. Occ naer`gm oem pgr`oeget

    g`pcayggs org gethtcgm ta dg `g`dgrs ai tfg Zravhmget Iuem. ]fg g`pcaygg

    naetrhduthae, gquoc ta ?:% ai tfg doshn socory, hs mgmuntgm gonf `aetf tfraubf tfg

    poyracc. ]fg Doel naetrhdutgs oe gquoc o`auet oem datf tfg g`pcayggs' oem tfg

    arboehzothae's naetrhduthaes org pohm ta tfg Iuem gonf `aetf. He tfg Zravhmget Iuem

    Cgmbgr, datf tfg g`pcaygg's oem tfg Doel's naetrhduthaes org nrgmhtgm ta tfghemhvhmuoc g`pcaygg's onnauet.

    ]fg `g`dgrsfhp ai tfg ]rustggs ai tfg Zravhmget Iuem `ust hencumg ot o `heh`u`;

    o) Tgprgsgetothae ira` tfg FT Mgport`get

    d) Tgprgsgetothae ira` Iheoeng & Onnauets Mgport`get

    n) ]wa rgprgsgetothvgs ira` tfg Rarlgrs

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 46

    Braup ]gr` Chig Hesuroeng

    ]fg Doel pravhmgs navgrobg ai chig hesuroeng ta occ Zgr`oeget g`pcayggs oitgr tfghr

    kaheheb whtf tfg arboehzothae ggnthvg ae tfg motg ai kaheheb. ]a porthnhpotg he tfg

    Braup ]gr` Chig Hesuroeng pachny, occ g`pcayggs org rgquhrgm ta cc up "Braup ]gr`

    Chig Hesuroeng Tgbhstrothae Iar`", oem sud`ht ta FT/Zgrsaeegc & Om`he mgpt iar

    prangssheb. ]a nfoebg tfg dgegnhory ot oey th`g, tfg g`pcaygg `ust na`pcgtg tfg

    Dgegnhory Nfoebg Iar`, oem sud`ht ta tfg Fu`oe Tgsaurng Mgport`get ar ta tfg

    Zgrsaeegc & Om`he mgpt. iar `olheb tfg nfoebgs.

    He tfg gvget ai tfg mgotf ai oe g`pcaygg wfhcg he tfg doels sgrvhng, atfgr tfoe; ?) mgotf

    dy suhnhmg, 4) mgotf dy nrh`heoc prasgnuthae, ar >) mgotf dy tolheb port he oey onthvhthgs

    sudvgrshvg ai tfg stotg, tfg doel mgpgemheb ae tfg ncosshnothae ai g`pcayggs

    sfocc poy dgegts ae ear`oc mgotf oem onnhmgetoc mgotf ira` hesuroeng doel os

    iaccaws;

    G`pcaygg ncosshihnothae Ear`oc mgotf dgegiht Onnhmgetoc mgotf

    dgegiht

    Gxgnuthvgs >9 `aetf cost doshn

    socory

    24 `aetf cost doshn

    socory

    Mgtohc ai na`pgesothae atfgr tfoe mgotf (porthoc mhsodhchty) whcc dg mgtgr`hegm os pgr

    nocnucothae whtfhe tfg purvhgw ai hesuroeng navgrobg pachny. Ea rgnavgry ar

    omkust`gets ai caoes ar socory omvoengs gtn. sfocc dg `omg ira` tfg hesuroeng ncoh`

    dgegts. He ommhthae ta tfhs navgrobg ai hesuroeng dgegts na`pgesothae whcc ocsa dg

    `omg os pgr "Rarl`oe's Na`pgesothae Ont ?84>" he tfg nosg ai mgotf/mhsodhchty ai

    g`pcayggs.

    7.= Daeusgs

    Occ naer`gm Zgr`oeget g`pcayggs ai Mfolo Doel Ch`htgm org gethtcgm ta aeg Oeeuoc

    Daeus gonf gquhvocget ta Doshn ^ocory uemgr tfg iaccawheb naemhthaes;

    Ottgemoeng he tfg NocgemorXgor Daeus Gethtcg`get

    4?> moys + ?::% ai tfg Daeus

    ?:2 moys + 7:% ai tfg Daeus

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg 48

    7.7 @goc Ionhchgs

    ]fg iaccawheb ionhchthgs org pravhmgm he gonf ai tfg arboehzothae uemgr Mfolo Doel

    Ch`htgm;

    Droenfgs

    Gxgnuthvgs;

    @gocs org pravhmgm ot o sudshmhzgm rotg.

    Fgom Ang;

    Gxgnuthvgs;

    Ea `gocs org pravhmgm.

    7.9 Onna``amoae

    ]fg Doel ae tfg doshs ai rgquhrg`gets oem ovohcodhchty pravhmgs onna``amothae ta

    MDCs ]ap Gxgnuthvgs ot tfghr awe gstodchsfgm ionhchthgs he Mfolo nhty. Autshmg tfg

    Mfolo nhty, tfg Doel pravhmgs gxpgesgs ai tfg onna``amothae.

    7.2 Wchgs Occawoengs

    Gxgnuthvgs dgtwgge bromgs K ta @=;

    Ea uthchty occawoeng hs pohm.

    Gxgnuthvgs ai bromgs @7 oem odavg;

    Mgshbeothae Gcgntrhnhty

    (Ch`ht/@aetf)

    ]olo

    Bos

    (Ch`ht/@aetf)

    ]olo

    Rotgr

    (Ch`ht/@aetf)

    olo

    ]gcgpfaeg

    (Canoc & ERM)

    (Ch`ht/@aetf) ]olo

    @oeobgr /^r. @oeobgr 4,7:: Ot Ontuoc Ot Ontuoc Ot Ontuoc

    GYZ oemodavg Ot Ontuoc Ot Ontuoc Ot Ontuoc Ot Ontuoc

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >:

    ]a bgt rgh`dursgm iar uthchthgs dhccs, na`pcgtg Gxpgesg Tgh`dursg`get Iar`, oem

    sud`ht ta tfg Onnauets Mgport`get. ]fg Onnauets Mgport`get whcc `olg

    rgh`dursg`get poy`get ta tfg g`pcaygg whtfhe =7 moys ira` tfg motg ai sud`hsshae.

    ]gcgpfaeg dhcc fos ta dg iarwormgm ta tfg H] mgport`get, sa poy`gets noe dg `omg dy

    tfg na`poey, hi ht hs he tfg eo`g ai tfg Doel.

    7.6 @gmhnoc Dgegts

    @gmhnoc Dgegts iar tfg Gxgnuthvg ^to

    ]fg doel whcc rgh`dursg tfg nast ai outfarhzgm `gmhnoc trgot`gets he Doebcomgsf

    hencumheb fasphtochzothae, surbhnoc oem nfhcmdhrtf sudkgnt ta tfg naemhthaes `gethaegm

    fgrguemgr. He nosg ai oey avgrsgos trgot`get prhar oppravoc ira` tfg Nfhgi Gxgnuthvg hs

    rgquhrgm. ]fg iaccawheb org tfg doshn buhmgchegs he rgborms ta `gmhnoc dgegts pravhmgm

    ta tfg Gxgnuthvgs;

    h. ]rgot`get ta dg norrhgm aut dy o rgbhstgrgm @gmhnoc Zronththaegr. ]fg Doel

    rgsgrvgs tfg rhbft ta oppravg tfg @gmhnoc Zronththaegr naesuctgm.

    hh. Mgetoc trgot`get hencumgm os prgvgetothvg `gosurgs, tfg Doel whcc rgh`dursg

    iar Wppgr oem Cawgrmgetoc ncgoeheb twhng o ygor.

    hhh. Tgh`dursg`get ai tfg nast whcc dg rgstrhntgm ta tfg trgot`get ai tfg gxgnuthvg,

    spausg oem nfhcmrge.

    hv. Tgcgvoet mgtohcs hencumheb eo`gs oem motgs ai dhrtf ai spausg oem tfg gchbhdcg

    nfhcmrge sfaucm dg sget ta FTM iar rgnarm.

    v. Nfhcmrge ooheheb 4? ygors ai obg ar bgheb `orrhgm, wfhnfgvgr hs gorchgr,

    whcc eat dg gethtcgm ta rgh`dursg`get ai tfg nast ai `gmhnoc trgot`get.

    vh. Gxpgemhturg ae `gmhnoc trgot`get ai Gxgnuthvgs hs rgh`dursgm dy tfg

    na`poey os pgr iaccawheb gethtcg`gets;

    vhh. Gxpgesgs Noeeat eat dg ncoh`gm;]fg Doel whcc eat rgh`dursg tfg iaccawheb

    gxpgesgs;

    ]fg suppcy ai mgeturgs oem iocsg nops.

    Oey nas`gthn mgetoc warl.

    ]fg suppcy ai spgntoncg iro`gs.

    ^pgnhoc mhgts gxngpt he fasphtocs uemgr `gmhnoc omvhng

    ]rgot`gets eat navgrgm uemgr porobropfs (h) oem (hh)

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >?

    7.8 ]roespartoae Ionhchgs oem Nor Zurnfosg ^nfg`g

    ]roespartothae Ionhchthgs iar tfg Gxgnuthvgs

    Gxgnuthvgs

    MDC Droenfgs;

    ]fgrg org ea troespartothae ionhchthgs pravhmgm iar tfg Gxgnuthvgs dgtwgge bromg K ta @=

    Fgom Ang;

    ]fgrg org ea troespartothae ionhchthgs pravhmgm iar tfg Gxgnuthvgs dgtwgge bromgs K ta

    @=. Iar dushegss purpasg trovgc, Zaac Nor noe dg pravhmgm dosgm ae ovohcodhchty.

    Nor Zurnfosg ^nfg`g;

    ^gehar Gxgnuthvgs;

    G`pcayggs he tfhs bromg, wfhnf hs @oeobgrs, ^gehar @oeobgrs, oem Yhng Zrgshmget, org

    gchbhdcg ta oppcy iar o Nor Zurnfosg ^nfg`g upae tfg gxphry ai aeg `aetf oitgr tfg motg

    ai kaheheb he tfg Doel. ]a hehthotg tfg rgqugst iar porthnhpotheb he tfhs Nor Zurnfosg

    ^nfg`g, tfg g`pcaygg hs rgquhrgm ta wrhtg o eatg ta tfg FT Mgport`get. ]fg Fu`oe

    Tgsaurng Mgport`get tfge bgts egngssory oppravocs oem tfge iarworms tfg rgqugst ta

    tfg Fgom Ang Om`he mgport`get.

    ]fg adkgnthvg ai tfg snfg`g hs ta pravhmg eoenhoc osshstoeng ta doel gxgnuthvgs iar tfg

    purnfosg ai nors oem tfus ta pravhmg gxgnuthvgs whtf troespart egngssory iar norryheb

    aut tfghr muthgs.

    Oe g`pcaygg wfa fos onquhrgm o nor uemgr tfhs snfg`g whcc eat dg gchbhdcg ta oppcyobohe iar o pgrham ai vg (7) ygors. ]fg iaccawheb org tfg oppravgm spgnhnothae ai tfg

    troespart oem dgegt bhvge ta tfg g`pcaygg;

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >4

    Mgsnrhpthae ai tfg

    nor ;

    ?>::/?7:: nn egw ar rgnaemhthaegm. Iaur maar ^gmoe.

    Nor Zrhng ; ]l 8::,:::/0 (`oxh`u` ]l ?,:::,:::)

    ZurnfosgNaetrhduthaes ;

    G`pcaygg 7:%< Doel 7:%

    Iugc Occawoeng Occawoeng ai >7: chtgrs pgr `aetf ta dg pohm dy tfgDoel iar warlgr dosgm ot Fg om Aii hng oe m ocsawarlgr wfa org warlheb ot tfg droenfgs.

    @ohetgeoeng; Dosgm ae `oeuionturgrs ygor `amgc, iar up ta 9 ygor

    acm nor, tfg Doel whcc poy o `ohetgeoeng occawoeng ai ]l>,:::/0 pgr `aetf.

    Iar 6 ygors ar acmgr nors, tfg Doel whcc poy o `ohetgeoengoccawoeng ai ]l =,:::/0 pgr aetf.

    Iar ?: ygors ar acmgr nors, tfg Doel whcc poy o `ohetgeoeng

    occawoeng ai ]l 7,:::/0 pgr `aetf.

    ]fg `aegy whcc dg onnu`ucotgm he tfg g`pcayggs onnauet

    he tfg onnauets mgport`get oem whcc dg uthchzgm iar rgpohrs

    oem `ohetgeoeng wfge tfgy orhsg. ]fg onnauets

    mgport`get whcc dg rgspaeshdcg ta poy tfg `aegy

    h``gmhotgcy upae sud`hsshae ai pohm he rgnghpt ira` tfg

    Mrhvgr ; ]a dg g`pcaygm dy tfg g`pcaygg naengregm. Oeoccawoeng ai ]l =,?:: pgr `aetf whcc dg pohm dy tfg

    Doel ta navgr tfg mrhvgrs socory.

    @okar Onnhmgetoc

    Tgpohrs

    Oey vgfhncg uemgr tfhs snfg`g whcc `ohetohe o ? Zorty

    hesuroeng. ]fg Om`he. Mgport`get whcc gesurg ihcheb ai occhesuroeng ncoh`s naeshmgrheb tfg o`auet ai `aegy rgquhrgmta rgpohr oem tfg o`auet ai mgmunthdcg. ]fg o`auet aimgmunthdcg oem/ar tfg o`auet ai rgpohrs whcc dg spcht7:;7: dgtwgge tfg g`pcaygr oem tfg g`pcaygg hi tfg

    docoeng ai tfg `ohetgeoeng iuem hs eat omgquotg ta navgrtfg gxpgesgs. ]fg g`pcaygr hehthoccy whcc `olg tfg iuccpoy`get ta tfg hesuroeng na`poey oem/ar ta tfg rgpohrsfap, tfge tfg parthae ai tfg g`pcaygg whcc dg mgmuntgmira` tfg socory he gquhvocget ?4 hestocc`gets, hi eatnavgrgm dy tfg hesuroeng. ]fg Om`he. Mgport`get (oem tfg

    g`pcaygg hi whccheb ta) whcc supgrvhsg occ rgpohr warl oemma tfg om`hehstrothvg tosls, tfge iarworm o dhcc ai tfgg`pcayggs parthae, shbegm dy tfg g`pcaygg, ta tfgOnnauets Mgport`get iar rgpoy`get.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >>

    Zurnfosg ai rg-naemhthaegm nors whcc dg sudkgnt ta hespgnthae ae dgfoci ai tfg Doel, dy

    tfg ]roespart mgport`get ar dy o warlsfap mgshbeotgm iar tfhs purpasg dy tfg`. ]fg

    nor whcc dg nfgnlgm iar gebheg oem damy naemhthae, suspgeshae oem soigty igoturgs. ]fg

    Outa`adhcg Hespgnthae Tgpart whcc dg na`pcgtgm oem shbegm dy tfg Om`hehstrothae

    Mgport`get iar prangssheb tfg rgqugst ai nor purnfosg.

    ]fg na`poey, doel ar o cgosheb na`poey `oy eoeng tfg purnfosg ai tfg nor. ]fg nor

    whcc dg hehthoccy rgbhstgrgm os iaccaws;

    Dy tfg na`poey -he tfg eo`g ai tfg na`poey

    ]fraubf o doel caoe -os sthpucotgm dy tfg doel

    ]fraubf o cgosheb naetront - he tfg eo`g ai tfg cgoshebna`poey

    ]fg g`pcayggs 7:% naetrhduthae taworms tfg nast ai tfg nor whcc dg pohm dy fh` ta tfg

    Doel he gquoc `aetfcy hestocc`gets avgr o pgrham ai tfrgg ygors hi tfg nor hs eoengm dy

    tfg Doel, ar avgr o pgrham gquoc ta tfg nurrgeny ai tfg caoe ar cgosheb naetront, os tfg

    nosg `oy dg.

    Hi tfg nor hs onquhrgm tfraubf o cgosheb naetront ar o doel caoe, tfg g`pcaygg whcc dg

    rgquhrgm ta naetrhdutg 7:% ai tfg cgosg poy`gets ar caoe hestocc`gets gvgry `aetf uethc

    tfg gxphry ai tfg cgosg pgrham.

    Hi tfg prhng ai tfg nor gxnggms ]l ?,:::,::: tfg g`pcaygg whcc poy tfg o`auet he gxngss

    ai ]l ?,:::,::: ta tfg na`poey he nosf.

    ]fg Doels 7:% naetrhduthae ta tfg nast ai tfg nor whcc dg o`arthzgm avgr o pgrham ai

    vg ygors. Oitgr tfg gxphry ai tfhs pgrham, ar tfg gxphry ai tfg cgosheb naetront hi tfg nor

    fos dgge cgosgm, ar tfg rgpoy`get ai tfg doel caoe hi tfg nor fos dgge onquhrgm tfraubf

    o doel caoe, oem sudkgnt ta prhar rgnghpt ai tfg eoc hestocc`get ai fhs

    naetrhduthae, tfg awegrsfhp ai tfg nor whcc dg troesigrrgm ta tfg g`pcaygg. Nasts

    henurrgm he naeegnthae whtf tfg troesigr whcc dg poyodcg dy tfg g`pcayggs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >=

    He tfg gvget tfot tfg g`pcaygg cgovgs tfg Doel dgiarg tfg gxphry ai vg ygors, fg sfocc

    fovg tfg apthae ta purnfosg tfg nor ira` tfg Doel ot tfg wrhge mawe vocug he tfg

    daals ai tfg Doel, pcus tfg tatoc ai tfg uepohm hestocc`gets taworms, fhs awe

    naetrhduthae. ]fhs apthae ta purnfosg whcc aecy dg ovohcodcg ta oe g`pcaygg wfa fos

    dgge whtf tfg na`poey iar o `heh`u` pgrham ai twa ygors. He nosg fg mags eat nfaasgta gxgrnhsg tfg purnfosg apthae, tfg Doel whcc rgh`dursg tfg g`pcaygg 27% ai tfg

    o`auet naetrhdutgm dy fh`/fgr taworms tfg nast ai tfg nor, oem tfg nor whcc tfge rg`ohe

    he ar dg troesigrrgm ta tfg awegrsfhp ai tfg Doel.

    ]fg g`pcaygg whcc dg gxpgntgm ta usg tfg nor iar tfg Doels dushegss os wgcc os iar

    iucccheb fhs prhvotg troespart eggms, hencumheb tfg troespart ai nfhcmrge ta snfaac, gtn.

    G`pcayggs wfa fovg ovohcgm iar tfhs snfg`g org gxpgntgm ta `ggt occ tfghr

    troespartothae eggms whtf tfg vgfhncg pravhmgm uemgr snfg`g. Ea atfgr troespart whccdg pravhmgm ta oe g`pcaygg wfa fos ovohcgm ai tfhs snfg`g. Fawgvgr, hi tfg

    g`pcaygg hs oslgm ta trovgc autshmg Mfolo ae Doels dushegss, fg whcc dg rgh`dursgm ot

    ]l. 9/-pgr l`, sudkgnt ta prhar pgr`hsshae ira` fhs mgport`get fgom, pcus oe occawoeng

    ai ]l. ?::/-pgr moy iar tfg mrhvgr. ]accs oem atfgr gxpgesgs whcc dg pohm ot ontuoc.

    Tgpohrs oem `ohetgeoeng ai tfg vgfhncg whcc dg tfg rgspaeshdhchty ai tfg g`pcaygg. O

    `ohetgeoeng occawoeng whcc dg pohm os gxpcohegm gorchgr he tfhs sgnthae.

    Occ toxgs, iggs, muthgs, rgbhstrothae nasts, oem hesuroeng whcc dg pohm dy tfg Doel. ]fg

    g`pcaygg `ust heiar` tfg Om`he Mgport`get aeg `aetf prhar ta tfg mug motg iar

    Ihtegss/Hesuroeng oem tfg Om`he Mgport`get whcc tolg iucc rgspaeshdhchthgs ta na`pcgtg

    tfg sohm tosls.

    ]fg Doels oppravoc ta porthnhpotg heta tfhs snfg`g whcc dg dosgm ae tfg eoturg ai tfg

    g`pcayggs kad oem ae tfg ovohcodhchty ai iuems whtf tfg Doel, ot tfg th`g wfge tfg

    oppchnothae ta kahe tfg snfg`g hs `omg.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >7

    ]fg g`pcaygg `oy nfaasg ta sgcgnt o nor tfot hs prgsgetcy he tfg eo`g ai tfg Doel oem hi

    `omg ovohcodcg ta tfg g`pcaygg iar purnfosg. ]fg om`hehstrothvg mgport`get whcc dg

    rgspaeshdcg ta hmgethiy tfg `orlgt vocug ai tfg nor, bgt oppravoc ira` tfg FT

    Mgport`get, oem `olg oe agr ta tfg g`pcaygg. Iar tfg purnfosg ai tfg na`poey nor,

    tfg g`pcaygg sfocc dg chodcg ta poy 7:% ai tfg `orlgt vocug ai tfg vgfhncg, he gquoc`aetfcy hestocc`gets ta tfg Doel avgr o pgrham ai tfrgg (>) ygors. Occ atfgr tgr`s oem

    naemhthaes sfocc rg`ohe tfg so`g.

    ]fg @oeobg`get rgsgrvgs tfg rhbft ta nfoebg, `amhiy, o`gem, noengc ar wohvg oey ar

    occ ai tfg pravhshaes ai tfhs snfg`g ot hts odsacutg mhsnrgthae oem whtfaut oey prhar

    eathng oem ocsa ta whtffacm ar rgkgnt oey oppchnothae ta kahe tfg snfg`g, whtfaut

    osshbeheb oey rgosae wfotsagvgr.

    ]ap Gxgnuthvgs

    ]ap Gxgnuthvgs ai bromg @9 oem odavg, h.g. ^r. Yhng Zrgshmget oem odavg org gethtcgm ta

    4= faurs na`poey pohm troespartothae. ]fg na`poey ocsa poys iar tfg iugc ot nast,

    Mrhvgrs socory, oem iar occ egngssory `ohetgeoeng/rgpohr oem om`hehstrothvg nast ai tfg

    vgfhncg.

    7.?: Cgovg Getcg`gets

    Doshn Cgovg ]ypgs

    Occ Zgr`oeget Gxgnuthvgs ai tfg Doel org gethtcgm ta vorhaus typgs ai Cgovgs tfot org

    nocnucotgm dosgm ae nocgemor ygor oem prarotgm ira` tfg motg ai kaheheb tfg Doel's

    sgrvhng iar tfg rst ygor. Cgovg gethtcg`gets ai gxpotrhotg (Naetront) g`pcayggs sfocc dg

    bavgregm dy tfghr rgspgnthvg tgr`s ai g`pcay`get whtf tfg na`poey spgnhgm he tfg

    Oppahet`get Cggr.

    Iar G`pcayggs tfg cgovg gethtcg`gets org nocnucotgm he onnarmoeng whtf "]fg ^faps oem

    Gstodchsf`get Ont ?897", Iontarhgs Ont ?897 oem tfg Iontary Tucgs ?828.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >9

    ]fgsg gethtcg`gets org os iaccaws;

    ]ypgs ai Cgovg Moys Zgr Xgor

    Nosuoc Cgovg (whtf iucc wobgs) ?:

    ^hnl Cgovg (ae ovgrobg wobgs) ?=

    Goregm Cgovg (? iar gvgry 44 moys

    ontuoc warl whtf wobgs)

    ?4

    Zudchn Fachmoys ?: (`heh`u )

    ]fg iaccawheb org tfg Doshn Cgovg gethtcg`gets iar tfg Gxgnuthvgs ot Fgom Ang;

    ]ypgs ai Cgovg Moys Zgr Xgor

    Rgglgems (whtf iucc wobgs) Os pgr ^gnthae 7.7

    Nosuoc Cgovg (whtf iucc wobgs) ?7

    ^hnl Cgovg (whtf iucc wobgs) ?:

    Goregm Cgovg ?7

    Zudchn FachmoysOs pgr chst ai fachmoysmgncorgm dy tfg Bavt.

    ]fg iaccawheb org tfg Doshn Cgovg gethtcg`gets iar tfg Gxgnuthvgs ot Droenfgs;

    ]ypgs ai Cgovg Moys Zgr Xgor

    Rgglgems (whtf iucc wobgs) Os pgr ^gnthae 7.7

    Nosuoc Cgovg (whtf iucc wobgs) ?7

    ^hnl Cgovg (whtf iucc wobgs) ?:

    Goregm Cgovg ?7

    Zudchn Fachmoys ?: (`heh`u`)

    Zudchn Fachmoys iar Fgom Ang warlgr org bavgregm dy tfg pachny ai tfg Daorm ai

    Mhrgntars ai tfg Doel oem hs dosgm ae tfg chst ai fachmoys mgncorgm dy Bavt. Iar Droenf

    g`pcayggs, tfg @oeobg`get mgtgr`hegs tfg Zudchn Fachmoys (`heh`u` ?: moys) oem ht

    hs oeeauengm ot tfg dgbheeheb ai tfg ygor.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >2

    7.??

    Mgehaes ai Doshn Cgovg Getcg`gets

    ]fg iaccawheb org sa`g mgehthaes ai Doshn Cgovgs gethtcg`gets;

    Nosuoc Cgovg

    Gethtcg`get ta nosuoc cgovg iar tfg Gxgnuthvg ot Fgom-Ang oem Droenf ^htg, ht hs ?7

    moys dosgm ae gonf nocgemor ygor. ]fg g`pcaygg hs gethtcgm ta gxgrnhsg Nosuoc Cgovg

    ira` tfg vgry egxt moy ai kaheheb< tfaubf tfg Nosuoc Cgovg hs pra-rotgm iar tfg docoeng

    pgrham ai tfg ygor nauetheb ira` tfg kaheheb motg. Nosuoc cgovg noeeat dg ovohcgm iar

    `arg tfoe tfrgg moys ot o th`g. Ocsa, ht noeeat dg norrhgm iarworm ta tfg iaccawheb ygor

    ar nosfgm. Nosuoc Cgovg noe dg tolge whtf Rgglgems, Zudchn Fachmoys, Goregm Cgovgs,

    gtn. dut dg ch`htgm ta aecy > moys.

    ^hnl Cgovg

    Gethtcg`get ta ^hnl Cgovg iar tfg Gxgnuthvgs ot Fgom-Ang oem Droenf ^htg ht hs ?7 moys

    ae tfg doshs ai gonf nocgemor ygor. ]fg g`pcaygg hs gchbhdcg ta gxgrnhsg tfg ^hnl Cgovg

    dgegt ira` tfg motg ai fhs/fgr kaheheb. ]fg odavg gethtcg`gets rgprgsget tfg `oxh`u`

    eu`dgr ai moys ^hnl Cgovg tfot oe g`pcaygg noe ovohc he o ygor. Ear`occy, `gmhnoc

    ngrthnotgs org eat rgquhrgm dut hi tfg shnl cgovg gxnggms tfrgg moys ot o th`g ar hi ht hs

    dgheb tolge os oe gxtgeshae ai Goregm Cgovg, tfge o @gmhnoc Ngrthnotg hs rgquhrgm.

    Rfgrg tfhs hs eat tfg nosg oe oppchnothae iar ^hnl Cgovg hs naeshmgrgm geaubf. ^hnl cgovg

    noeeat dg norrhgm iarworm ta tfg sunnggmheb ygor oem noeeat dg nosfgm. Hi oe g`pcaygg

    hs shnl ae Rgglgem ar ae o Zudchn Fachmoy, tfot moy whcc eat dg nauetgm os o shnl moyoem tfg eu`dgr ai ^hnl Cgovg tolge aut ai fhs/fgr occanotgm moys whcc dg gxncumheb

    tfasg moys.

    Goregm Cgovg

    Gethtcg`get ta Goregm Cgovg iar tfg Gxgnuthvgs ot Fgom-Ang oem Droenf ^htg hs ?7

    moys ae tfg doshs ai gonf na`pcgtgm ygor ai sgrvhng. O `oxh`u` ai tfhrty (>:) moys noe

    dg onnu`ucotgm. Oey onnu`ucothae dgyaem tfhs whcc outa`othnoccy copsg ae tfg

    iaccawheb ?st ai Koeuory gonf ygor. ]fg gethtcg`get ta Goregm Cgovg hs gxncushvg ai

    Rgglgems oem Zudchn Fachmoys h.g., Rgglgems oem Zudchn Fachmoys ioccheb murheb tfgoeeuoc cgovg tolge whcc dg naeshmgrgm ommhthaeoc ta tfg gethtcg`get. ]faubf Goregm

    Cgovg hs nauetgm ira` tfg motg ai kaheheb dut ht noeeat dg tolge uethc tfg g`pcaygg

    possgs tfg pradothaeory pgrham rgnghvheb naer`othae.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >6

    Atfgr Cgovg Apthaes

    ]fg iaccawheb sgnthaes gxpcohe sa`g ommhthaeoc cgovg apthaes tfot oe g`pcaygg `oy

    gxgrnhsg mgpgemheb ae tfg eggm.

    @otgrehty Cgovg

    @orrhgm wa`oe g`pcayggs org gethtcgm ta @otgrehty Cgovg dgegt os pgr "]fg

    @otgrehty Dgegt Ont, ?8>8". ]fg pgrham ai @otgrehty Cgovg sfocc dg 6= ontuoc moys ai

    odsgeng wfhnf sfocc hencumg tfg Zudchn Fachmoys oem Rgglgems (eae-warlheb moys)

    oem hencumheb tfg moy ai mgchvgry. ]fg gethtcg`get ta `otgrehty cgovg hs ta dg ovohcgm os

    iaccaws;

    ^hx wggls ar =4 moys h``gmhotgcy prgngmheb oem hencumheb tfg moy ai mgchvgry.

    ^hx wggls ar =4 moys h``gmhotgcy iaccawheb tfg moy ai mgchvgry.

    O wa`oe sfocc eat dg gethtcgm ta `otgrehty cgovg uecgss sfg fos dgge g`pcaygm dy

    tfg Doel iar o pgrham ai eat cgss tfoe eheg `aetfs h``gmhotgcy prgngmheb tfg motg

    ai mgchvgry.

    ^tumy Cgovg

    Oe Gxgnuthvg `oy dg broetgm ^tumy Cgovg, whtf ar whtfaut poy, gethrgcy ot tfg doels

    mhsnrgthae, aeng s/fg fos dgge he tfg doel iar ot cgost aeg ygor. ^tumy cgovg hsear`occy broetgm hi tfg naursg ai stumy wfhnf tfg g`pcaygg hetgems ta pursug hs chlgcy

    ta dgegt tfg Doels apgrothaes. ^tumy Cgovg noe dg bhvge iar up ta o `oxh`u` pgrham

    ai twa ygors.

    Fokk Cgovg

    O Zgr`oeget Gxgnuthvgs wfa hetgems ta pgriar` Fokk ot fhs awe gxpgesgs, upae

    na`pcgthae ai aeg ygor ai sgrvhng, `oy dg occawgm iar o =7 moys Fokk Cgovg whtf poy ottfg sacg mhsnrgthae ai tfg `oeobg`get. ]fhs cgovg noe aecy dg ovohcgm aeng he tfg gethrg

    pgrham ai sgrvhng.

    ^h`hcor cgovg `oy dg broetgm iar g`pcayggs atfgr tfoe @usch`s, hi tfg annoshae hs o

    aeng he o chig th`g facy gvget shbehnoet ta tfg dgchgvgrs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-banglaNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg >8

    ^pgnhoc Cgovg

    ^pgnhoc cgovg `oy dg broetgm ta tfg Zgr`oeget ar Naetront g`pcayggs whtf ar whtfaut

    poy oem occawoengs ot tfg sacg mhsnrgthae ai tfg `oeobg`get. Oppchnothae iar spgnhoc

    cgovg sfaucm dg iarwormgm ta FT/Zgrsaeegc mgport`get, tfraubf tfg rgcgvoet

    mgport`getoc fgom, ocaeb whtf oppraprhotg rgosaes oem rgna``gemothaes iar egngssory

    onthae. ^a`g gxo`pcgs ai sunf cgovg rgqugst `oy dg iar `orrhobg, mgotf he tfg io`hcy,

    gtn.

    Cgovg Genosf`get

    Gxgnuthvgs dgiarg cgovheb tfg Doel mug ta rgshbeothae, rgthrg`get ar tgr`heothae org

    occawgm ta nosf tfg Goregm oem Na`pgesotary Cgovg mug ta tfg` up ta o `oxh`u` ai

    >: moys, wfhcg iar warlgrs ht hs 4: moys pcus tfg prarotgm gethtcg`get iar tfg nurrget

    ygor. ]fg o`auet pohm ae genosf`get hencumgs aecy tfg g`pcaygg's cost mrowe doshn

    socory iar tfg pgrham. Occawoengs org eat hencumgm he tfhs o`auet.

    @ohetgeoeng ai Cgovg Tgnarms

    Oppravgm cgovg oppchnothaes rgnghvgm ira` mgport`gets org getgrgm he o Cgovg Tgbhstgr

    oem tfg cawgr parthae ai tfg cgovg oppchnothae sfawheb tfg docoeng ai cgovg hs sget ta tfg

    g`pcaygg. Cgovg rgnarms iar occ Gxgnuthvgs oem Fgom Ang ^tos org `ohetohegm dy FT

    Mgport`get.

    7.?4 Iheoenhoc Osshstoeng ^nfg`gs

    Adkgnthvgs

    ]a `ggt vorhaus g`grbgeny oem henhmgetoc gxpgesgs, tfg Doel pravhmgs eoenhoc

    osshstoeng he tfg iar` ai omvoeng poy`get ai socory oem caoe obohest pravhmget iuem ta

    hts g`pcayggs. ]fg iaccawheb sgnthaes bhvg mgtohcgm prangmurgs iar socory omvoengs oemcaoe soenthaes uemgr Iheoenhoc Osshstoeng ^nfg`gs.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg =:

    Zrharhthgs iar Caoe obohest Zravhmget Iuem (ZI) ar ^ocory Omvoeng

    ]fg iaccawheb prharhthgs whcc dg `ohetohegm iar ZI caoe ar socory omvoeng rgqugst

    prangssheb;

    ?)

    @gmhnoc g`grbgenhgs iar spausg ar nfhcmrge

    4) Mgotf ai ^pausg ar nfhcmrge

    >) @gmhnoc g`grbgenhgs iar atfgr mgpgemget

    =) Mgotf ai atfgr mgpgemget

    7) Tgetoc omvoeng

    9) Awe `orrhobg

    2) Atfgr g`grbgenhgs

    6) @orrhobg ai shdchebs

    8) Gmunothae

    ?:)

    Atfgr rgquhrg`gets

    Caoe obohest Zravhmget Iuem (ZI) ar ^ocory Omvoeng Gchbhdhchty oem Ch`hts

    Caoe obohest Zravhmget Iuem

    ?. Occ Zgr`oeget g`pcayggs wfa fovg naetrhdutgm ta otcgost?6 hestocc`gets he tfg

    Naetrhdutary Zravhmget Iuem ai Mfolo Doel Ch`htgm oem fovg dgge he tfg Doel

    iar cgss tfoe > ygors, org gchbhdcg ta tolg caoe obohest tfg pravhmget iuem gquoc

    oem up ta 27% ai tfg g`pcayggs awe naetrhduthae.

    4.

    Occ Zgr`oeget g`pcayggs wfa org `g`dgrs ai tfg Naetrhdutary Zravhmget Iuem

    oem fovg dgge he tfg Doel iar `arg tfoe > ygors dut cgss tfoe = ygors, org gchbhdcg

    ta tolg caoe obohest tfg pravhmget iuem gquoc oem up ta ?::% ai tfg g`pcayggs

    awe naetrhduthae.

    >. Occ Zgr`oeget g`pcayggs wfa org `g`dgrs ai tfg Naetrhdutary Zravhmget Iuem

    oem fovg dgge he tfg Doel iar `arg tfoe = ygors dut cgss tfoe 7 ygors, org gchbhdcg

    ta tolg caoe obohest tfg pravhmget iuem gquoc oem up ta 2:% ai tfg tatoc

    naetrhduthae (g`pcayggs awe naetrhduthae + Doels naetrhduthae).

    =. Occ Zgr`oeget g`pcayggs wfa org `g`dgrs ai tfg Naetrhdutary Zravhmget Iuem

    oem fovg dgge he tfg Doel iar `arg tfoe 7 ygors org gchbhdcg ta tolg caoe obohest

    tfg pravhmget iuem gquoc oem up ta 27% ai tfg tatoc naetrhduthae (g`pcayggs

    awe naetrhduthae + Doels naetrhduthae).

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg =?

    ^ocory Omvoeng

    ^ocory Omvoeng hs bhvge aecy he tfasg shtuothaes wfgrg tfg Zgr`oeget g`pcaygg mags

    eat fovg geaubf naetrhduthae ta tfg Zravhmget Iuem dut tfg urbgeny hs vgry fhbf.

    Wsuoccy aeg `aetfs ovgrobg brass socory hs bhvge os omvoeng dut dosgm ae tfg

    g`grbgeny< o `oxh`u` ai twa `aetfssocory noe dg bhvge os omvoeng.

    Tgpoy`get ai Caoe ar ^ocory Omvoeng

    Aeg `aetfs brong pgrham hs bhvge ta tfg g`pcaygg dgiarg tfg rgpoy`get storts. ]fg

    g`pcaygg, tfraubf outa`othn mgmunthaes dy tfg Onnauets Mgpt. ira` fhs/fgr Zoy-

    nfgnl, `olgs tfg poy`get. ]fg iaccawheb org sa`g buhmgchegs iar rgpoy`get s;

    ?. Hi eoenhoc shtuothae pgr`hts, tfg g`pcaygg hs oslgm ta poy tfg `aegy donl whtf

    9 gquoc `aetfcy poy`gets.

    4. Hi tfg eoenhoc shtuothae mags eat pgr`ht, tfg g`pcaygg hs bhvge tfg appartuehty

    ta poy donl whtf ?4 gquoc `aetfcy hestocc`gets.

    >. Hi tfg o`auet ai caoe hs corbg oem tfg rgpoy`get h`pasgs formsfhp ae tfg

    g`pcaygg, ht `oy dg naeshmgrgm ta gxtgem tfg rgpoy`get snfgmucg ta o `oxh`u`

    ai 4= gquoc hestocc`gets. He sunf nosgs, tfg Mgport`get Fgom ai tfg g`pcaygg

    `ust rgna``gem tfg onnauets mgport`get ta ma sa.

    =. Hi tfg caoe ar omvoeng hs rgcotgm ta `gmhnoc poy`gets oem tfg g`pcaygg hs gchbhdcg

    iar `gmhnoc dgegt, tfg omvoeng/caoe whcc dg oppchgm taworms tfg gchbhdcg dgegtaeng tfg trgot`get hs rgnghvgm. Wpae rgnghpt ai occ `gmhnoc vaunfgrs, tfg

    g`pcaygg hs rgquhrgm ta sud`ht @gmhnoc Dhccs Tgh`dursg`get Iar`, os pgr

    buhmgchegs pravhmgm he ^gnthae 9.?4.4 oem oppcy tfg omvoeng/caoe taworms tfg

    rgiuem. Oey gxngss o`auet tolge os omvoeng/caoe `ust dg pohm donl

    h``gmhotgcy oitgr tfg trgot`get hs avgr.

    Zrangmurgs ta Oppcy oem Zrangssheb ai o Caoe ar ^ocory Omvoeng Tgqugst

    ]fg g`pcaygg na`pcgtgs o Caoe Oppchnothae Iar`, oem upae rgnghvheb oe oppravoc

    ira` tfg Mgport`get Fgom, sud`hts ta tfg Onnauets Mgport`get. ]fg Onnauets Mgpt.

    pgrsaeegc rgvhgw tfg oppchnothae, mhsnuss whtf tfg g`pcaygg hi egngssory, oem cgt tfg

    g`pcaygg leaw odaut tfg autna`g. Ot tfg th`g ai prangssheb tfg caoe/omvoeng rgqugst,

    tfg Onnauets Mgpt. hmgethgs tfg rgpoy`get obrgg`get mhsnussheb whtf tfg g`pcaygg.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg =4

    ]fg iaccawheb org buhmgchegs iar caoe/omvoeng oppravheb;

    Caoe O`auet (]l.) Oppravoc Outfarhty

    3 ar 0 7,:::.::

    ^gnthae Fgom rgspaeshdcg iar Caoe/Omvoeng

    57,:::.:: 3 ar 0 4:,:::.:: ^gnaem cgvgc outfarhzothae dy @oeobgr ar odavg.

    5 4:,:::.:: Mgport`get Fgom

    9. ^AR] eocyshs;

    ^trgebtf Rgolegss

    ]fg `ohe strgebtf ai MDC FT Mhvhshae hs

    tfg outfarhty ta warl. MDC FT Mhvhshae

    fos outfarhty ta `ohetohe tfg g`pcaygg

    prapgrcy. ]fgy pravhmg geaubf socory ta

    g`pcaygg. ]fg g`pcayggs ira` mhgrget

    mhvhshae fovg prapgr rgspgnt iar FT

    mhvhshae. ]fhs rgspgnt wos bohegm dy tfgFT mhvhshae.

    ^thcc Doebcomgsf fos conl ai geaubf

    na`pgesothae systg`s ta sothsiy &

    `athvotg g`pcaygg. MDC mags eat fovg

    prapgr pgrsae ta pravhmg geaubf

    na`pgesothae ta tfghr g`pcayggs. Ht hs

    h`partoet ta sothsiy & `athvotg

    g`pcayggs ta henrgosg pramunthvhty &pgriar`oeng.

    Appartuehty ]frgom

    He MDC tfgrg org iaur typgs ai g`pcaygg

    2. Tgna``gemoaes

    ]fg Fu`oe Tgsaurngs @oeobg`get systg` ai MDC hs up ta `orl. Dut tfg `oeobg`get

    outfarhty eggms ta caal sa`g `okar hssugs chlg na`pgesothae pachnhgs, occawoengs oem

    troesigr pachnhgs. MDC eggms `arg `oe pawgr iar foemcheb hts fubg vacu`g ai

    g`pcaygg.

    ]g`parory g`pcayggs ot MDC ma eat fovg tfg sgnurhty oem stodhchty tfot pgr`oeget

    g`pcayggs fovg. ]fgy sfaucm dg pravhmgm whtf chcg fgoctf norg, pgeshaes ar atfgr

    sh`hcor dgegts. MDC sfaucm ocsa sgt o pramunthae< mhstrhduthae oem socgs torbgt oem oey

    g`pcaygg dgcaebheb ta tfg porthnucor orgo rgonfheb o mgshrgm torbgt he tfg rst quortgr

    sfaucm dg sgcgntgm os o pgr`oeget g`pcaygg. Ot MDC tgo`warl hs bhvge h``gesg

    h`partoeng os tfg `oeobg`get rgochzgs tfg iont tfot tfg aecy woy ta oohe oem naeiar`

    o fhbf stoemorm hs dy warlheb chlg o wgcc -leht ueht. ]fus ht hs h`pgrothvg tfot ]opos

    sfaucm fovg oe ggnthvg pgriar`oeng opprohsoc systg`, wfhnf iastgrs tgo`warl.

    MDC fos mgvhsgm o vgry na`prgfgeshvg pgriar`oeng opprohsoc prabro` he wfhnf gonf

    g`pcaygg hs bhvge adkgnthvgs obohest wfhnf fhs/fgr pgriar`oeng whcc dg gvocuotgm. Iar

    tfg sgheb up ai tfgsg adkgnthvgs whtf hts warl iarng, tfg na`poey uthchzgm @oeobg`get

    dy Adkgnthvgs. ]fg woy tfgsg adkgnthvgs org sgt hs tfraubf `utuoc obrgg`get, wfgrg tfg

    g`pcayggs org tacm gxontcy wfot hs rgquhrgm ai tfg`, faw tfgy whcc dg gvocuotgm obohest

    gonf ai tfghr adkgnthvgs oem wfot whcc dg tfg rgworm he nosg hi tfg adkgnthvgs org `gt ar

    gxnggmgm. ]fg `utuoc sgheb up ai tfgsg adkgnthvgs he o porthnhpothvg `oeegr `athvotgs

    tfg g`pcaygg ta onfhgvg tfgsg adkgnthvgs os tfgy fovg o foem he sgheb tfg` up os wgcc.MDC sfaucm fovg o th`g ch`ht, gvocuothae nrhtgrho oem ncgorcy mgegm rgworms tfot whcc

    naetrhdutg taworms `athvotheb tfg g`pcayggs ta naetrhdutg tfg dgst taworms iucccheb

    tfghr baocs.

    6. Naencushae

    ]fhs stumy fos dgge ianusgm ae tfg na`pgesothae systg`, pronthngm dy o prhvotg doel ai

    Doebcomgsf. ]fgrg org sa`g na`paegets tfot org tolge heta naeshmgrothae murheb poy he

    aur nauetry, dut ht vorhgs shbehnoetcy o`aeb doels rgbormheb poy. Ht naucm fovg dgge

    dggr, hi wg `hbft fovg warlgm whtf occ typgs ai doels. Fgrg he aur stumy wg fovgwarlgm whtf aecy aeg typg ai doel. He aur stumy wg fovg trhgm ta ianus ae tfg poy

    mhgrgengs, passhdcg rgosaes ai usheb mhgrget poy na`paegets usgm dy tfg doels he

    aur nauetry. Iheoccy, wg no`g up whtf sa`g rgna``gemothaes, wfhnf noe dg usgm iar

    datf ai tfg doels sa tfot tfgy noe pgriar` dggr.

  • 5/26/2018 Compensation Management Practices in Banking Sector of Bangladesh a Case St...

    http:///reader/full/compensation-management-practices-in-banking-sector-of-bangladNa`pgesoae @oeobg`get Zronngs he Doelheb ^gntar ai Doebcomgsf; O Nosg ^tumy ae Mfolo Doel Ctm.

    Zobg ==

    8. Tgigrgengs

    ?. Thnform H. Fgemgrsae. (4:?4) Zgorsae Gmunothae, Hen. Zoenfsfggc Zorl, Egw

    Mgcfh, Hemho.

    4. MgNgeza, M. O., & Taddhes, ^. Z. (4::6). Fu`oe Tgsaurng @oeobg`get (Ghbftf

    Gmhthae gm.).Egw Mgcfh; Zrgethng -Focc ai Hemho.

    >. www.gssoytawe.na`/popgr/ort-foccge-narparothae-na`pgesothae-`oeobg`get-

    prabro`-na`pgesothae-`oeobg`get-uemgrstoem.

    =. fp;//www.`oeobg`getstumybuhmg.na`/na`pgesothae -`oeobg`get.ft`

    7. fp;//ge.whlhpgmho.arb/whlh/Na`pgesothaeQoemQdgegts.

    9. fp;//mhbhtocna``aes.hcr.naregcc.gmu/nbh/vhgwnaetget.nbh

    2. fp;//www.fp;//mfolodoelctm.na

    6. www.snrhdm.na

    8.

    www.schmgsforg.na`

    ?:.www.Onomg`ho.na`