Thursday, August 15, 2024

From Interviews to ePayments: How SBI’s CTC Format Could Influence World Safe ePay Day

 I am advocating for World Safe ePay Day.

The final goal of all my Blog Posts and social media interactions is to have a Day declared as World Safe ePay Day.

Transparency in Action: SBI’s CTC Negotiation Format and the Road to World Safe ePay Day

Below is the State Bank of India - CTC Negotiation Format



Yes, depending on the job opening in State Bank Group, the job opportunity notification mentions the CTC Upper Limit.

Yes, transparency at the highest level

Yes, it will be wonderful if other organizations  try to follow State Bank of India

Yes, you can prepare yourself for the interview process in a better way

Yes, you must fill in the form and sign on it before the start of the interview.

Yes, you must carry the documents mentioned in the format for better understanding of the Interview panel of your current salary.

 

 

 

** The Evolution of Transparency in Recruitment: A Step Towards World Safe ePay Day**

Beyond CTC: How SBI’s Approach is Lighting the Way to World Safe ePay Day

In today's fast-paced world, transparency is becoming a crucial factor in various sectors, and recruitment is no exception. The State Bank of India (SBI) has taken a commendable step forward with its Cost to Company (CTC) Negotiation Format, setting a benchmark for clarity and honesty in the hiring process. While SBI is not yet an official supporter of World Safe ePay Day, their approach aligns with the very principles this day seeks to promote: security, transparency, and trust in financial transactions.

 

### A Transparent Recruitment Process

 

SBI's CTC Negotiation Format is a testament to their commitment to transparency. By providing candidates with a clear outline of the CTC upper limit and requiring documentation to substantiate current earnings, SBI ensures that both the bank and the candidate are on the same page. This process not only builds trust but also empowers candidates to prepare thoroughly for their interviews, knowing what to expect and how to present their worth.

The Hidden Link Between SBI’s CTC Format and the Quest for World Safe ePay Day

### Why Transparency Matters

 

Incorporating transparency into the hiring process is a practice that benefits everyone involved. Candidates are given the respect they deserve by being fully informed about potential earnings, and employers are able to foster a positive, trust-based relationship from the very beginning. Imagine a world where every financial transaction, whether it’s a paycheck or a digital payment, is conducted with the same level of openness and security. This is the vision behind World Safe ePay Day.

 

### The Future of Secure ePayments

 

As I advocate for the establishment of World Safe ePay Day, I look to examples like SBI's CTC Negotiation Format as inspiration. Just as SBI is leading the way in transparent recruitment practices, I hope that organizations will follow suit in promoting safe and secure electronic payments. World Safe ePay Day is more than just a concept—it’s a movement towards a future where every financial interaction is safeguarded and trustworthy.

Unlocking the Future: SBI’s CTC Negotiations and the Path to World Safe ePay Day

### A Call to Action

While SBI may not yet officially support World Safe ePay Day, their actions suggest they are aligned with its core values. I encourage other organizations to take note and consider how they can contribute to a more transparent and secure financial ecosystem. By doing so, they not only enhance their own credibility but also support the global movement towards safer electronic payments.

 

In conclusion, SBI’s CTC Negotiation Format is a shining example of how transparency in one area of business can lead to greater trust and security across the board.

As I continue to advocate for World Safe ePay Day, let’s celebrate and encourage these efforts that bring us closer to a world where safety, transparency, and trust are the standard in every financial transaction.

Quote

CTC Negotiation Format

State Bank of India

RECRUITMENT OF SPECIALIST CADRE OFFICERS ON CONTRACT BASIS

Post applied :_________________________________________________

Name :_________________________________________________

Registration No. :________________

Mobile No. :______________________ email ID:_____________________

Date of Birth : ___________________ Age: ___________________Years

Total Experience :___________________(After basic Qualifications as mentioned in Adv.)

Edu. Qualifications :__________________________

Specialisation (if any) :__________________________

Present Employer :__________________________

Present Designation :__________________________

Present Annual CTC Rs. :__________________________

(Please attach latest Copy of Income Tax return & Form-16 of last TWO years / Salary Certificate / Slip of last

THREE months, duly signed by the Employer)

Expected Annual CTC Rs. :______________________ (Signature of Candidate)

___________________________________________________________________________

For CTC Negotiation Committee (for Office Use only)

Based on the candidate’s existing CTC, alongwith the supporting documents submitted and

interaction with the candidate on __________(dd/mm/yyyy), we offered a CTC of Rs _________________

(within the CTC range as per CHRC approval / published in advertisement

No._______________________ ).

After negotiation, the CTC is fixed at Rs.__________ p. a. and agreed by the candidate.

 

The Candidate accepted the CTC offer of Rs __________________________ (as detailed below)

OR

The Candidate declined the CTC offer of Rs ____________________________

Details:

Recommended CTC : Rs.________________________

Bifurcation : Fixed Amount Payable :______________%

Variable Amount Payable :______________%

Annual Increment, (if any): ________________________________________________

Remarks (if any) :

 MEMBER MEMBER MEMBER

 (Name, PF ID, Designation) (Name, PF ID, Designation) (Name, PF ID, Designation)

 

Un Quote

Link @ https://sbi.co.in/documents/77530/43947057/180724-CTC+Negotiation+Form.pdf

In my advocacy for World Safe ePay Day, I've decided to abstain from enjoying Vada Pav, a beloved Mumbai street food, until we make significant progress in establishing this day.

This personal sacrifice serves as a pledge to raise awareness about the importance of secure online transactions.

Just as Vada Pav is integral to Mumbai's street food culture, secure digital payments should be foundational to our global economy.

 Each blog post and social media interaction I engage in is a step toward recognizing World Safe ePay Day. Until then, my love for Vada Pav motivates me to continue advocating for a safer online world. This symbolic gesture reflects my commitment to promoting secure digital transactions and aims to bring World Safe ePay Day into global consciousness.

Disclaimer : These are my thoughts only. The only Bliss is promoting the Joy of Safe ePayments. World Safe ePay Day  is a medium through which you can experience the joy of safe epayments.

Copyrights, rest with the original copyright holders only.

 

The time limit to apply for the job opportunities is over, but if you are interested 

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