MCB Bank Limited, one of the country’s largest banks has raised the salaries for its permanent clerical and security staff along with increase in various allowances keeping in view the increasing cost of living in the country. The Bank continues to maintain its commitment towards welfare of the staff members and their families. MCB management and MCB Staff Union of Pakistan (CBA) signed an agreement today effective from January 1, 2015 for two years onwards after successful negotiation. Usman Hassan, Group Head Human Resources, on behalf of MCB Management and Riafat Khan Jadoon, President MCB Staff Union of Pakistan signed the agreement in a ceremony held at MCB Principal Office, Lahore. “The management decided to raise the salaries of the bank’s permanent clerical and security staff considering the present inflationary pressures and the increasing cost of living.” said President, MCB Bank Ltd. “MCB Bank always values its employees’ betterment and prosperity and I hope that they will be further motivated to perform their duties diligently and with exemplary zeal,” he added. Riafat Khan Jadoon, President MCB Staff Union of Pakistan (CBA) said that all MCB Bank employees are part of the success story of the Bank and our collective prosperity lies with the growth and progress of the Bank. Usman Hassan, Group Head Human Resources Management thanked both the management and union representatives for their efforts and hoped that this team spirit would strengthen relationship between employees and the employer.