Prime Bank, Investment Bank and Nabil Banks are distributed highest bonus to their Employees

Aug Fri 2022 06:33:49

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Prime Bank, Investment Bank and Nabil Banks are distributed highest bonus to their Employees

Kathmandu. Prime Commercial has come forward in the commercial bank which distributed the most bonus from the profit of the last financial year 2078/79. This bank, which gives an average salary to its employees, has been seen as a bank that gives high bonuses for many years. The bank has given a bonus of 51.8 percent of the total employee expenses from last year's profit. After this, Nepal Investment Bank has also given more than 50 percent bonus. The salary rate in this bank is relatively low. Investment has distributed 50.3 percent bonus. After that, Nabil Bank, which provides attractive salary facilities, distributed 40.8 percent bonus.

Standard Chartered, Rashtriya Banijya Bank, Global IME, Himalayan, NMB, Sanima, Bank of Kathmandu and Mega Bank have distributed bonus above average. The average bonus rate of all commercial banks is 25.7 percent. This is half less than Prime Bank which distributes the highest bonus. Among the commercial banks, Krishi Bikas Bank has the lowest bonus distribution. This bank has distributed 16.1 percent bonus. After that, Laxmi Bank has given 16.2 percent bonus and Prabhu Bank has given 16.7 percent bonus.

Nepal SBI has given 16.9 percent bonus, NIC Asia 18.7 percent and Sunrise 19.6 percent bonus. Century, Machhapuchhre, Kumari, Nepal Bank, Siddharth, NCC and Citizens Bank have given 20 to 25 percent bonus. Everest Bank has given an average bonus of 25.6 percent. Banks seem to have a different strategy of giving more benefits to employees, paying less salary and giving more bonus or giving more both salary and bonus.

Another part of this is the salary difference between the higher level and lower level employees. Some banks have reduced expenses even by giving little facilities to the lower level employees. Bankers say that only on the basis of such different parts, which bank has provided better facilities to the employees should be evaluated. So, not just by looking at the bonus percentage.