Facility payments are paid to bank employees based on their own rules and regulations
According to the report of the financial news, in this regard, the stock market monitor had a conversation with Nasrin Amirkhani, the vice president of human capital development and support of Sanat and Mine Bank, which follows:
What are the rules and regulations for the payment facility to the employees of state banks?
The amount of facilities paid to the employees of all banks is subject to the rules and regulations that are determined and communicated by the Money and Credit Council, the Central Bank of the Islamic Republic of Iran and other institutions supervising the operations of banks, and all banks are required to implement them. Sanat and Mine Bank has also taken steps to pay benefits to its employees within the framework of similar regulations of other banks, based on the approvals of the coordination council of bank CEOs; In addition, the payment procedure for granting the aforementioned facilities to bank employees is announced by the government every year in the implementation regulations of the budget law of that year.
What is your point of view in explaining and clarifying the mentioned materials about the facilities received by Sanat and Mine Bank employees?
In the mentioned contents, the balance of Sanat and Mine Bank’s receivables from its employees listed on page 37 of the financial statements of 1400 (the amount of receivables from employees is equivalent to 942,200 million Tomans) to the number of employees listed on page 15 of the financial statements (the number of employees 1112 people) have announced the division and number of 847.3 million tomans as the average loan paid to employees, which is a completely wrong conclusion. Because the balance of the claims from the employees listed in the financial statements is the total claims from the current employees, retirees and pensioners, which have been gradually paid over the past years. In the event that in the mentioned report, the amount paid has been divided only by the number of current employees, in the event that the employees who reach the honor of retirement are not in the group of working employees and are classified as retired employees, if the number of retired employees is increased and pensioners, the average benefits paid to all employees of Sanat and Mine Bank will be significantly reduced.
The basis for the preparation of the aforementioned comparative report was the consolidated financial statements of the studied banks in the Kodal system, which certainly cannot provide a correct picture of the state of personnel facilities related to each bank. Especially when it is determined that the basis for estimating the number of personnel in the aforementioned news report in other banks is the total number of personnel of that bank’s group (including official, contractual, corporate personnel, and personnel of subsidiaries and affiliates). However, in the case of Sanat and Mine Bank and another bank, the basis for estimating the number of personnel in the report was only the official and contractual personnel working in these banks.
What are the differences between personnel payments to public and private bank employees?
The inclusion of state bank employees in the implementation of the coordinated payment system for government employees (Civil Service Management Law) has caused discrimination in the payment of salaries and benefits of state bank employees compared to other employees of monetary and financial institutions, which, in addition to reducing innovation, has reduced risk. Adaptability and output of competent and expert human resources has become the most important intangible asset in carrying out their specialized activities.