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  i Term Paper On Compensation System of IFIC Bank Sufiya Khatun Sumi ID:- 11133047 Course Code: 407 Session: 2010-11 JATIYA KABI KAZI NAZRUL ISLAM UNIVERSITY, Trisal, Mymensing  ii Acknowledgement First of all, I extend my profound gratitude to the Almighty Allah, the omnipresent and omnipotent, who helped me accomplish this task on time I feel satisfied and glad that I have completed this study within specific duration This term paper might never have been completed without the necessary practical knowledge, assistance of many books, articles, websites, and primary data It enhanced my knowledge on Compensation System Thanks to all those persons, who have assisted me, providing me co-operation, direction, valuable suggestions advices to prepare this term  paper Finally I want to express my special thanks to Mymensingh Branch, under whom I have completed my term paper I am also grateful to all other employees of Customer Service and operation Unit of this branch  iii Table of Contents Content Page No Executive Summary 1 11 Historical Background of IFIC Bank Limited 2 12 Corporate Slogan 2 13 Vision of IFIC Bank Limited 2 14 Mission of IFIC Bank Limited 2 15 Nature of Business 3 16 Organogram 4 17 Competitive Status 5 18 Workforce at different level 6 19 Salary Structure 7 110 Compensation system (Basic Salary) 8 111 Impact of compensation on employee performance 9 112 SOWT analysis of compensation 9 113 Possible measures to include of compensation system 12 Conclusion 13 Reference 14