Here is the final list of officers salary chart after the wage revision, as predicted earlier by us , the increase in Gross is around 15% for the officers staff of public sector bank.
The basic starts from 23,700 from earlier 14,500, and Present DA being 33.73%, but important thing here to note is that DA Factor has been reduced to .10% from earlier of .15% which means with every slab increase in DA there will be only 0.10% increase in salary ( DA Payable on Basic + Special Pay )There has been big blow on the Medical Aid front too, it was expected for officers to be 15,390 but it has only been increased to 7900 from 5100/-.Kindly note that you will get arrears too on this that is 2800 * 4 Years ie 2012-15 which is 11,200/- will be medical paid to employees.
In our view this has been one of the worst wage settlement the bankers have seen and arrears will too be on the lower side.
