Career in private banks
Nowadays many graduates are taking up banking jobs for attractive remuneration packages as well career development opportunities. But some banks, particularly the private ones, do not have a well-defined system to help temporarily appointed trainee officers get their job permanent.
A few days ago, I was going through an appointment letter of a reputed private bank issued to one of our graduates.
I was surprised to learn that most of the clauses of the agreement letter were directed towards the protection of the bank’s interest but none of them addressed when the temporary appointee would be made permanent.
In fact, there is no probationary period. Only a consolidated salary is offered, which is less than the starting salary in the government sector.
Even deductions like income tax, etc. are made from this meagre salary.
These temporary officers work even on weekly holidays and beyond normal office hours without any incentive.
I think private banks should offer better salary packages and career development opportunities to newly recruited officers. This will encourage talented, young graduates to take up the banking profession.
Professor M Zahidul Haque
SAU, Dhaka
