 "SBI, State Bank of India, state bank, bank")
State Bank of India (SBI) might revive an old salary structure proposal that the bank always wanted to implement but could not because of union pressure.
The structure entails that the salaries of officers in scale four to seven be divided into fixed and variable components. Fixed will club basic, dearness allowance, house rent allowance and the rest would be performance-linked variable. The new structure, if adopted, would be applicable for the employees of associate banks, too, once they become part of SBI after April 1.
According to a senior SBI official, performing employees want a variable pay structure as
