Page 77 - sampelcetak

CHAPTER VIII
ALLOWANCES AND BENEFITS

Management provides benefits whose payments are related to:
1. level of rank,
2. structural responsibility and
3. Employee roles

These benefits change or disappear if the employee's rank status or
roles and responsibilities change.
Management regulates the provisions of this allowance in a Decision
Letter from the Management.

Article 31
Title / Grade Allowance

Title or grade allowance means an allowance granted on the basis of
Employee’s job title or grading that exists in the Bank’s organization.
Management regulates title or grade allowance by a Decision Letter
from the Management.

Article 32
Position Allowance

The term position in this article refers to the functional level of
responsibilities or managerial tasks held by an Employee within a
department, such as Department Head and/or Assistant Department
Head.
Employee who is assigned for a position as mentioned above is
entitled to a Position Allowance.
Management regulates Position Allowance by a Decision Letter from
the Management.

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