Govt puts bank staff performance-linked incentive scheme on hold ahead of strike
The government has put on hold the performance-linked incentive (PLI) scheme for bank staff, ahead of a planned strike by bank employees. The decision followed a meeting between Union Finance Minister Nirmala Sitharaman and a delegation of bank employees. The move defers a proposed shift towards linking a part of public-sector bankers' pay to measured performance.
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A pay-reform pause for public-sector bank staff is directly relevant to banking aspirants.
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- Performance-linked incentive (PLI) scheme for bank staff put on hold
- Decision followed FM Nirmala Sitharaman's meeting with bank employees
- Comes ahead of a planned strike by bank employees
Background
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