Despair of private bank employees

By Anon, On e-mail
28 June 2005, 18:00 PM
The private Banks have recently started to flourish, earning colossal profits that are divided between the shareholders and employees. The private banks are under close watch of the Bangladesh Bank to settle any unwarranted and unjust measures adopted through their compliance reports. But what the Bangladesh Bank mostly looks into are the deposit, loan, liquidity, interest rates etc. The employee's miseries seem to go unnoticed.

A leading private bank has recently announced 40% profit, but has deprived its employees by not paying incentive bonus to everyone. It was told that the incentive bonus was based on performance. The question is, what were the tools for measuring the performance. Was it a standardised method for judgement or it was subjective? Having no other means to protest against the whimsical Chairman and the Managing Director, all the employees have succumbed to their follies. It is an appeal to the Bangladesh Bank to see if all the employees have been paid the incentive bonus. If not what are reasons for depriving the employees?