CBOA-AP CIRCULAR NO. 035 DATED 28.09.2012

CBOA-AP issued its circular No. 035 dated 28.09.2012 reproducing the circular issued by AICBOF on Improvement of Conveyance Scheme and Reimbursement of cost of brief case. We are placing the same here for our readers.

CIRCULAR NO.: GS: 2012: 035                                      Date: 28.09.2012

TO ALL OFFICERS                                                               PLEASE CIRCULATE

Dear Friends,

We reproduce hereunder the Circular No. CIRCULAR/GS/2012/33 dated 28.09.2012 received from our Federation for your information.

With best regards                                                                      

Yours sincerely

Sd.-

(C.A. MALLIKARJUNA RAO)

GENERAL SECRETARY

………………………................................................................................

“IMPROVEMENT IN CONVEYENCE SCHEME

We are reproducing hereunder communication sent to the Management of our Bank for the information of all officers:

“The issues of conveyance reimbursement on monitory basis and the relaxation in norms for additional reimbursement of petrol in the name of incentive scheme for branch manager, raised by our federation in the last joint discussion held on 26 and 27th April 2012 are still pending and we are unable to understand the stoic silence of our administration in the revision of these issues.

CONVEYENCE REIMBURSEMENT SCHEME:-  As you are aware the aggressive competitions as well as business profile have made the Officers to be more active in the market rather than being tied up at branch premises.  The officers are today required to discharge multifarious responsibilities with greater mobility in the market which calls for additional burden on account of conveyance.  The outings are not preplanned as the market is environment driven and hence there is a greater need to review the existing conveyance reimbursement scheme.

In this connection, we request you to take pragmatic view in assessing the requirement of conveyance by comparing the scheme operating in other peer banks. Apart from conveyance reimbursement, the cost of annual comprehensive insurance of the vehicle as well as maintenance and repair charges of the vehicle of the officers are also being reimbursed in other banks. Under the circumstances, we request you to kindly review the scheme for reimbursement of conveyance expenses and other additional expenses as stated above incurred by the eligible officers in discharging the official duties.

CONVEYENCE SCHEME ON MONITORY BASIS: The Scheme on monitory basis which was introduced long back have not been reviewed whereas in almost all banks this issue was reviewed with substantial increase.

ADDITIONAL PETROL REIMBURSEMENT FOR BRANCH MANAGERS: To encourage the officers to accept the responsibilities as branch heads, allowing additional petrol reimbursement was introduced in the year 2009. Para 4 of circular no.548 dated 25.09.2009 issued by GAD Department reveals that the additional reimbursement of cost of petrol to the branch manager would be considered as an incentive to accept the responsibility as branch manager and another contradictory clause was also included in that circular that the scheme would be extended /reviewed based on the performance.

Most of the field functionaries are not entertaining the claim of branch managers for additional petrol reimbursement as it is being   linked with performance and thus demotivating the branch managers, which is one of the main reasons for the officers showing their displeasure in taking up the responsibilities as branch head.

In view of the above, we request you:-

1.    To kindly review the scheme for reimbursement of existing scheme of conveyance with upward revision.

2.    To review the conveyance scheme on monitory basis with substantial increase.

3.    Kindly issue a revised guideline to all the field functionaries that the incentive of additional petrol reimbursement will be extended to the officers  only for taking up the responsibilities of branch manager by delinking the performance clause.

We are confident that our administration will extend its motivational steps for resolving these important issues”

Friends, we will keep you posted of the developments in due course.”

                      “REIMBURSEMENT OF COST OF BRIEF CASE

The management had agreed in our last joint discussion held on 26th & 27th April 2012 for the enhancement of the ceiling for reimbursement of the cost of the Brief case purchased by the eligible officers. We are happy to inform you that after constant follow up the increase in ceiling have been suitably revised upwards as detailed below, with effect from 1st Oct 2012.

--Officers in S.I  -  Rs 1200/-

--Officers in S.II - Rs 1400/-

--Officers in S.III- Rs 1600/-

--Officers in S.IV –Rs 2000/-

A circular of the Bank to this effect has been issued."

WITH WARM GREETINGS

Yours Sincerely,                    

Sd/-

(A.R. SAIFULLAH)

GENERAL SECRETARY