Bank Employees Wage Revision Settlement – 11th Bipartite Settlement – Salary revision once in five years for bank staff – Bank Unions Talks with IBA
Salary hike for Bank Employees, 30 month Pay Arrears – New Wage Revision agreement to be signed on the 25th A 15% salary hike, 30 months pay arrears and other such concessions are part of the new wage agreement(Joint Note / Bipartite Settlement) that the United Forum of Bank Unions and the Indian Banks’ Association … Read more
Financial Components of Wage Revision – AIBOA Circular ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.10/VI/2015 May 20,2015 Camp :Mumbai All Units / State Committees Dear Comrades, · Understanding reached on financial components of wage revision. · 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current wage … Read more
LATEST DEVELOPMENT ON WAGE REVISION Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers Bank Xth Bipartite : Scales finalized. RBI cleared holiday for 2nd & 4th Saturdays Distribution Chart for 10th Bi-Partite Settlement Finalised: Pay Scales: Substaff- 9560 to 18545 + 8 Stagnation Increments (each after … Read more
UFBU MEET AND SUB COMMITTEE MEETINGS WITH IBA Discussed Points: Hospitalisation Scheme, 100% D.A.Neutralisation for retirees, 2% of loading on basic pay and DA and Converting of DA series. “IBA should give the new pay structure immediately and pay scales so drawn should be discussed within reasonable time” Circular No.8/VI/2015 April 17, 2015 To: ALL UNITS … Read more
10th bipartite settlement of bank employees latest news on 17.4.2015 Details of talks on 16.04.2015 Text of BEFI Circular no.13/2015 dated 17.04.15 BIPARTITE TALKS The Sub-Committee for discussion of Medical Reimbursement met at 11.00 A.M. yesterday, 16th April 2015. On introduction of Medical Insurance Scheme, UFBU forcefully put forward the apprehension of the employees and … Read more
IBA – UFBU meeting on 16th April 2015 – AIBEA Report Today (16-04-2015) IBA – UFBU meeting took place wherein all details of proposed new medical reimbursement scheme was discussed. Scheme will be finalised shortly. For retirees also we have asked IBA to workout a similar scheme. In the afternoon discussions on other demands of … Read more
10th Bipartite Settlement – Sub committee meeting on bank bipartite on 16th April Sub committee meeting on bank bipartite on 16th April As per the Minutes signed by the Bank Unions (UFBU)and Indian Banks Association(IBA) on 23rd Feb 2015 the 10th Bi partite Settlement on Bank Employees wage Revision has to be signed within 90 days. … Read more
Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015 All India Bank Employees Association (AIBEA) published the discussion points in the meeting with Indian Banks Association held on 17th March 2015. Nearly 26 points were discussed in the meeting and more important issues like construction of Revised Pay Scales, revised DA formula, … Read more
Bank Employees Wage Revision – 10th Bipartite Wage Settlement Comes to an End WE ARE HAPPY TO INFORM THAT IN TODAY’S TALKS, WAGE REVISION SETTLED AT 15% (RS.4725/- CRORES) WITH EFFECTIVE FROM 01.11.2012. 2ND AND 4TH SATURDAY’S WILL BE HOLIDAYS AND OTHER SATURDAY’S WILL BE FULL WORKING DAYS. STRIKE DEFERRED. DETAILED CIRCULAR FOLLOWS. Indian Banks’AssociationMinutes … Read more
No improvement in Conciliation meeting held on 5.11.2014 – Bank employees Strike on 12.11.2014 No improvement in IBAs offer – UFBU decides to go ahead with the strike on 12.11.2014 Conciliation meeting held by CLC today(5.11.2014) – No improvement in IBAs offer – CLC calls for further meeting on 10th instant – UFBU decides to … Read more