Finmin Orders on DA and Arrears
All Recent Comments and ReplySalary 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 […]
Talks with IBA continues – Next meeting on 22.4.2015 – AIBEA Circular
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 […]
IBA – UFBU meeting on 16th April 2015 – AIBEA Report
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 […]
10th Bipartite Settlement – Sub committee meeting on bank bipartite on 16th April
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. […]
Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015
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, […]
Likely increase of salary for bank employees
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 […]
Bank Employees Wage Revision – 10th Bipartite Wage Settlement Comes to an End..!
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’Association […]
Bank Bipartite negotiation between UFBU and IBA: Possibility of significant hike stands remote
Bank Bipartite negotiation between UFBU and IBA: Possibility of significant hike stands remote On the eve of next bipartite negotiation between UFBU and IBA, scheduled the 3rd February’15 at Mumbai, possibility of significant rise in salary is looking a distant probability. As per sources, the deal is likely to be concluded soon, within just one […]
Bank Wage Revision : IBA fixed date for next Bipartite meeting
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. […]
Bank Officers association meets IBA on 14th Jan 2015
Bank Officers association meets IBA on 14th Jan 2015 The officers’ association and representatives of IBA met on 14th January 2014 and the Officers association expressed their views of which IBA has shown positive attitude. Following is the details as available in AIBOC Circular No 2015/04 dated 15.01.2015 “The subcommittee met on 14th January at […]