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NRBC Bank is one of the leading private commercial banks in Bangladesh. It was established on 2 April 2013 as the first NRB bank of Bangladesh, aiming to serve the non-resident Bangladeshis (NRBs) and their beneficiaries in the country. The bank is listed on the Dhaka and Chittagong stock exchanges and has a network of 103 branches, 9 AD branches, 45 ATMs and 563 agent points across the country.
NRBC Bank Salary Structure
According to authority, NRBC Bank offers competitive salaries to its employees based on their positions, qualifications and experience. The following table shows the average annual salaries of some common job titles at NRBC Bank in Dhaka, as reported by Glassdoor users.
| Job Title | Total Pay (BDT) |
|---|---|
| Probationary Officer | 480,000 |
| First Assistant Vice President | 1,560,000 |
| Banker | 792,000 |
| Credit Risk Analyst | 360,000 |
| Associate Relationship Manager | 1,194,000 |
| Security Guard | 216,000 |
| Internship | 48,000 – 120,000 |
| Credit Analyst | 684,000 |
| AVP-Operations | 540,000 |
| Officer | 480,000 |
| Credit In Charge | 1,284,000 |
| Sales Associate/Cashier | 174,000 |
| Executive | 852,000 |
| Credit Officer | 240,000 |
| AVP-Project Manager | 3,000,000 |
| Intern | 48,000 |
| Probation Officer | 480,000 |
| Internal Audit Officer | 720,000 |
The total pay includes base salary and additional pay such as cash bonuses, stock bonuses, profit sharing, sales commissions and tips. The salary range may vary depending on the location, performance and seniority of the employees.
Salary Policy
NRBC Bank follows a salary policy that is aligned with the Bangladesh Bank guidelines and the market standards. The bank reviews its salary structure periodically and adjusts it according to the inflation rate, economic conditions and industry trends. The bank also provides various benefits and incentives to its employees such as provident fund, gratuity fund, group insurance, medical allowance, festival bonus, leave encashment and staff loan facilities.
The bank also follows a performance appraisal system that evaluates the employees’ achievements and competencies based on predefined criteria and objectives. The performance appraisal results are used to determine the salary increments and promotions of the employees. The bank also encourages its employees to participate in training and development programs to enhance their skills and knowledge.
Conclusion
NRBC Bank is a reputed private commercial bank that offers attractive salaries and benefits to its employees. The bank has a transparent and fair salary policy that reflects its vision and values. The bank also strives to motivate and retain its employees by providing them with career growth opportunities and recognition.
10 Most Asked Questions and Answers
- Q: How can I apply for a job at NRBC Bank?
- A: You can visit the bank’s official website www.nrbcommercialbank.com/home/career and check the current vacancies. You can also submit your resume online or send it by email to career@nrbcommercialbank.com.
- Q: What are the eligibility criteria for applying for a job at NRBC Bank?
- A: The eligibility criteria may vary depending on the position you are applying for. Generally, you need to have a minimum educational qualification of bachelor’s degree or equivalent from a recognized university or institution. You also need to have relevant work experience, computer literacy and good communication skills.
- Q: What is the selection process of NRBC Bank?
- A: The selection process of NRBC Bank consists of several stages such as screening of applications, written test, interview and medical examination. The bank may also conduct group discussion, presentation or assessment center depending on the position.
- Q: How long does it take to get hired at NRBC Bank?
- A: The hiring process of NRBC Bank may take from a few weeks to a few months depending on the number of applicants and the availability of vacancies.
- Q: What is the probation period of NRBC Bank?
- A: The probation period of NRBC Bank is usually six months for most positions. During this period, the employees are assessed on their performance and suitability for the job.
- Q: How often do employees get salary increments and promotions at NRBC Bank?
- A: The employees get salary increments and promotions at NRBC Bank once a year based on their performance appraisal results and the bank’s salary policy.
- Q: How do employees get feedback and recognition at NRBC Bank?
- A: The employees get feedback and recognition at NRBC Bank through regular performance reviews, appreciation letters, awards and incentives.
- Q: What are the working hours and holidays of NRBC Bank?
- A: The working hours of NRBC Bank are from 10:00 am to 6:00 pm from Sunday to Thursday. The bank observes the government holidays and some additional holidays as per the bank’s policy.
- Q: What are the challenges and opportunities of working at NRBC Bank?
- A: The challenges of working at NRBC Bank include dealing with a competitive and dynamic market, meeting the customer expectations and complying with the regulatory requirements. The opportunities of working at NRBC Bank include learning from a diverse and experienced team, developing professional skills and knowledge and advancing in career.
- Q: How is the work culture and environment of NRBC Bank?
- A: The work culture and environment of NRBC Bank are supportive, collaborative and respectful. The bank fosters a culture of excellence, integrity and innovation. The bank also promotes a healthy work-life balance and employee well-being.
