Likely increase of salary for bank employees LATEST DEVELOPMENT ON WAGE REVISION Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers After long wait and negotiations, strike call and withdraws, finally the wage hike settled for bank employees with 15% hike in pay slip components and two … 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
Bank Wage Revision : IBA fixed date for next Bipartite meeting Meeting of sub committee on charter of demands on workmen to be held on 30th January 2015 at Mumbai. Following which IBA managing committee will meet on 31st January and next bipartite meeting with UFBU will take place at Mumbai on 3rd February 2015. … Read more
Bank Bipartite : Sub Committees to start discussion today Further to last round of 10th BPS negotiations with Indian Banks’ Association( IBA ) by Bank Unions (United Forum Of Bank Unions)which held on 6th and 7th Jan15. instant, as agreed during the discussions, IBA has now fixed up the meetings of the Sub-Committees as under: … Read more
Proposal to bring all bank staff under 7th Pay Commission – Minister replied in Parliament Member of Parliament Shri M.P.Achuthan asked some questions regarding bank employees in Parliament and the concerned minister replied… Covering bank employees under Seventh Pay Commission (a) whether Government is considering a proposal to bring about 800,000 employees under Seventh Pay … Read more
AIBEA General Secretary Shri.C.H.Venkatachalam published a detailed letter with UFBU Circular on his official website today regarding the wage revision talks with IBA on 6th and 7th January 2015. The complete text of the letter is reproduced and given below for your ready reference… Bipartite Meeting with IBA on 6th and 7th Jan 2015 – UFBU Circular No. … Read more
IBA Circular on deferment of bank strike proposed on 7th Jan 2015 Indian Banks’ Association HR & Industrial Relations No.CIR/HR&IR/Q/2014-15/1137 January 6, 2015 Chief Executives of Member Banks which are parties to the Bipartite Settlement Dear Sir/Madam, Strike Notice by UFBU on 7th January 2015 – Deferred Please refer to our Circular No.CIR/HR&IR/Q/2014-15/1084 dated 23rd … Read more
Proposed Bank Union strike deferred on 7th January As per media news, bank employees unions have deferred their one day strike, proposed on 7th January 2015. The UFBU, a joint organisation of public sector band employees and officers unions, negotiations will continue with IBA on wage revision and other important issues. Indian Banks Association (IBA) … Read more
Bank Unions wage increase demand irrational: IBA Indian Banks’ Association said it is the only representative body of banks which acts on the mandate given by the banks for wage settlement, a statement issued here said. It said IBA’s Negotiating Committee comprise of CMDs of Public Sector Banks as well as Private Sector Banks which … Read more
Wage Negotiations with Bank Employees Unions/ Associations: IBA Press Statement Relay zonal strike programme being launched by unions/ associations from December 2, 2014. IBA deeply regrets the inconvenience caused to bank customers and general public due to the agitational programme launched by the employee unions/ associations. Indian Banks’ Association Press Release Wage Negotiations with Bank Employees … Read more