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Thai Bank's Staff Salaries Increase by an Average of 4 Percent in 2002.
Byline: Darana Chudasri
Mar. 11--Bangkok Bank said average salary increases for 2002 stood at 4 percent, with individual increases varying based on performance
Tosak Chongkeutrakul, personnel manager at Bangkok Bank, said staff receiving a top A+ rating received a 1.75- to two-step jump in salary, with D-rated staff receiving a zero to 0.25-step increase.
The actual percent increase per step varies based on base salary and title for each staff member.
Mr. Tosak said the total budget increase was 14 million baht per month for 2003, or 4 percent from the 300 million paid monthly on staff expenses.
Under a union agreement with ...
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Source: HighBeam Research, Thai Bank's Staff Salaries Increase by an Average of 4 Percent in...