8th Pay Scale Gazette by the Peoples Republic of Bangladesh will publish after few hours. You cand download this gazette from this site after publishing the gazette. Government same Government employees are facilities in this pay scale. There is no 1st class, 2nd class, 3rd and 4th class employee’s category in this 8th pay scale gazette.   The 8th...

Management Accounting Math Solution for DAIBB Banking Diploma Examination Management Accounting Math Solution (Break Even Math) Management Accounting Math Solution (Break Even Math-2) ...

81 Banking Diploma Examination Result will be published soon in the Official site of Institute of Bankers Bangladesh. The 81 JAIBB and DAIBB examination was held in June, 2015. You can get result of 81 Banking Diploma Examination in this page. Keep your eyes always in this site, in any time of this month, the result will be...

The Institute of Bankers, Bangladesh (IBB) has decided a new way of form fill-up for attending JAIBB and DAIBB exam. The candidates don’t require collecting printed form from IBB. From now the candidate has to collect the registration and examination form from Institute’s website. The details are as follows: ...

A collecting banker is holder for value if he gives the value of the cheque in any form to its customer before collecting the proceeds of the cheque deposited by the latter. He does not remain an agent of the customer, but becomes the owner of the cheque in his own right since he has paid value for...

Collecting banker means the banker who collects the cheques and bills on behalf of the customers. In other words, every crossed cheque is necessarily to be collected through any bank, which is known as collecting banker. As Sir John Paget has rightly said “Looking at the restriction on the encashment of crossed cheques, save through a bank and...

Section 131 of the Negotiable Instruments Act provides protection to a collecting banker who receives payment of a crossed cheque or draft on behalf of his customers. According to Section 131 of the Act “a banker who has, in good faith and without negligence, received payment for a customer of a cheque crossed generally or specially to himself...

The duties and responsibilities of a collecting banker are discussed below: 1. Due care and diligence in the collection of cheque. 2. Serving notice of dishonor. 3. Agent for collection. 4. Remittance of proceeds to the customer. 5. Collection of bill of exchange. 1. Due Care and Diligence in the Collection of Cheques: The collecting banker is bound...

Performance management is the process of identifying, measuring, managing, and developing the performance of the human resources in an organization. Basically we are trying to figure out how well employees perform and then to ultimately improve that performance level. When used correctly, performance management is a systematic analysis and measurement of worker performance (including communication of that assessment to the...

The following is a set of characteristics that is likely to allow a performance management system to be successful. Practical constraints may not allow for the implementation of all these features. However, we should strive to place a check mark next to each of these characteristics, as the more features that are checked, the more likely it is...

The information collected by a performance management system is most frequently used for salary administration, performance feedback and the identification of employee strengths and weaknesses. In general, however, performance management systems can serve the following purposes:  (a) strategic, (b) administrative, (c) information, (d) developmental, (e) organizational maintenance, and (f) documentation. Let’s consider each of these purposes in turn....

Some of the negative consequences associated with low-quality and poorly implemented systems. These are discussed below: 1. Employees may quit due to results. If the process is not seen as fair, employees may become upset and leave the organization. They can leave physically (i.e., quit) or withdraw psychologically (i.e., minimize their effort until they are able to find...

There are many advantages associated with the implementation of a performance management system. A performance management system can make the following important contributions:3 1. Motivation to perform is increased. Receiving feedback about one’s performance increases the motivation for future performance. Knowledge about how one is doing and recognition of one’s past successes provide the fuel for future accomplishments....

Although the terms ‘Administration’ and ‘Management’ may appear to be similar, they are actually different. In our daily conversation we use the two terms interchangeably. Administration is concerned with laying down suitable policies for the whole concern whereas management will simply execute these. Administrators are the owners of the business. Managers, on the other hand, are the salaried...

A business Organization is a group of people associated to earn profit. Various kinds of activities have to be performed by the people of an organization so as to earn profit. These activities need an effective and systematic communication. Without efficient communication, one cannot even imagine to do work and hence will be unable to earn profit. Since...