Bangladesh Bank has formulated ‘National Integrity Award Guideline’ for the scheduled banks in line with the government’s National Integrity Strategy with a view to giving recognition to the bank employees for their contribution to the area.
Central bank’s banking regulation and policy department on Wednesday issued a circular saying that the recognition must include a certificate and prize money equivalent to one month’s salary of the recipient.
Under the BB guideline, bank employees, from top to bottom, are divided into five categories for awards.
For the state-owned and specialised banks, chief executive and two ranks below the post are put under a category, fourth, fifth and sixth ranks under a category, branch managers under a category and officers below the sixth rank under a category.
Other staff of a state-owned and specialised bank including peons, messengers and guards are put under a category.
For the foreign and private commercial banks, chief executive and three ranks below of the post are put under a category, fifth and sixth and seventh ranks under a category, eighth and below ranks under a category, branch managers under a category and other staff under a category.
Employees would be selected based on twenty indicators specified in the guideline each containing five numbers making the total evaluation number 100.
Besides the marking, the guideline has also mentioned six other eligibility criteria to get award under the National Integrity Award.
The criteria include, among others, at least 3 years of tenure of employment with the bank and achieving minimum 80 numbers. An award winning employee would not be considered in the subsequent three years.
A committee comprising of bank’s chairman and two other board members would select the upper rank employees for the award, while chief executive along with head of human resource department would select employees for the rest four categories.
Endorsement of the boards has been made mandatory for awards under all the five categories.
Want stories like this in your inbox?
Sign up to exclusive daily email
More Stories from Banking