What is SCP in banking?

Smart Compensation Package(SCP) revision is pending since it inception on March, 2017. Recently SBI has revised perks for its non-SCP employees in April 2021like revised mobile, briefcase, broadband,petrol etc allowances. Will arrears be given to SCP employees from April 2021 if the SCP revision is delayed .

Is SBI a secure job?

SBI PO is one of the most sought after job in India. It is a guarantee of a secure future coupled with the prestige of working with in the government sector.

What is special allowance in bank Quora?

This allowance component is mainly used to adjust rest of the amount which is to be given to an employee. For example, company wants to give Rs 20000 as gross to an employee and company has allocated Rs 18000 as Basic, HRA, Conveyance allowance and CCA then Rs 2000 will be put under Special allowance.

What is SCP in business?

Structure, Conduct and Performance paradigm (SCP) is used as an analytical framework, to make relations amongst market structure, market conduct and market performance. It was developed in 1959 by Joe S. Bain Jr., who described it in his book “Industrial Organization”.

What is SCP analysis?

The structure–conduct–performance (SCP) paradigm argues that market structure is a determinant of firm conduct, which in turn determines performance. Market structure can be measured by a number of factors such as the number of competitors in an industry, the heterogeneity of products, and the cost of entry and exit.

What is SCP in salary?

Smart Compensation Package(SCP) revision is pending since it inception on March, 2017. Recently SBI has revised perks for its non-SCP employees in April 2021like revised mobile, briefcase, broadband,petrol etc allowances. Also annual Pest Control as a new allowances is introduced.

Is special allowance added to salary?

Special allowance differs from company to company. However, in pay slips given to employees by some companies, any number by the name of ‘special allowance’ is usually the leftover component of the salary, after allocations are divided into basic, LTA, transport allowance, HRA and so forth.

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