The board of National Bank of Pakistan (NBP) has approved a compensation and consideration package for Mr. Rehmat Ali Hassani.

According to sources, under this package, he will be given a monthly salary of 90 lakh rupees. In addition, a performance bonus will be given based on key performance indicators, which will be determined fairly with the approval of shareholders. A monthly house rent allowance of 10 lakh rupees will be given, which will take the place of a staff residence.

Other considerations include:

The bank will bear the cost of two landlines and two mobile phones.
Four security guards will be stationed at the residence in two shifts for 24 hours.
Five domestic staff salaries (150,000 rupees per month) will be paid.
A new car worth up to 2800 CC will be provided, and the option to purchase the car at 10% of its cost will be given upon completion of the contract.
Two drivers will be provided, or their salaries (35,000 rupees per driver per month) will be paid.
A fully paid medical and dental correction will be provided in Pakistan for the individual and those under their sponsorship (no facilities will be provided after retirement).

Other facilities include:

Life insurance coverage of 3 crore rupees, for which the bank and Mr. Rehmat Ali Hassani will each pay 50%.
One month’s salary will be given as gratuity for each year of employment.
Mr. Rehmat Ali Hassani will be paid a fee for sponsoring one dog of his choice and will also receive a fee for keeping up to three dogs.
Upon completion of the contract, the bank will give a three-month notice or provide notice pay.
If Mr. Rehmat Ali Hassani wishes to resign, they will have to give a three-month notice or pay three months’ salary in lieu of notice.