Cabinet approves Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises (CPSEs). Highlights: i. Management of the CPSEs would … Read more
Bank Employees Wage Revision Talks with IBA CIRCULAR No. UFBU/2017/22 27.10.2017 TO ALL CONSTITUENT UNIONS/MEMBERS Dear Comrades, WAGE REVISION TALKS WITH IBA Further to the ongoing discussions in the Sub-Committee on non-financial demands, today, a round of discussions with the Full Negotiating Committee of IBA was held in Mumbai. From the side of IBA, Mr.R.K. … Read more
11th Bipartite Settlement : Meeting of the Core Group (Workmen) was held on 6.9.2017 11th BPS – Talks held on 6/9/17 “Today , Meeting of the Core Group (Workmen) was held. No decision was taken during the meeting on any issue. Financial matters (wage related) were not discussed. No offer on Salary Rise was made … Read more
Bank Wage Revision : Meeting of Core Groups HR & Industrial Relations No.HR&IF/XIBPS/3289 26th July 2017 Shri Sanjeev K.Bandlish Convenor United Forum of Bank Unions C/o, State Bank of India LHO Plot No.1, Sector 17-A Chandigarh 160 017 Dear Sir, Meeting of Core Groups We acknowledge receipt of your letter No.UFBU/2017/05 dated 25th July 2017 … Read more
11th BPS Update : Management Issues (10 Points) ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.7/VII/2017 June 5, 2017 Camp: Mumbai TO ALL UNITS / STATE COMMITTEES Comrades, WAGE REVISION – SECOND ROUND. EXCHANGE OF CHARTER OF DEMANDS. As you aware that the owners are anxious to settle the wage revision which is due from 1.11.2017, … Read more
11th Bipartite News – Bottlenecks in the commencement of Salary Revision Negotiations in Banking Industry – AIBOC Circular BOTTLENECKS IN THE COMMENCEMENT OF SALARY REVISION NEGOTIATIONS IN BANKING INDUSTRY We have today sent a communication to Hon’ble Finance Minister of India on the captioned subject. A copy of the same is enclosed for information. 2. … Read more
11th Bipartite – Next Wage Revision in Public Sector Banks Next Wage Revision in Public Sector Banks D.O.No. 4/2/2/15/IR Girish Chandra Murmu, IAS . Additional Secretary Government of India Ministry of Finance Department of Financial Services Jeevan Deep Building, 3rd Floor, 10, Parliament Street, New Delhi-110 001 March 21, 2017. Dear MD/CEO Kindly refer to … Read more
Amendment to Payment of Wages Act – Only through cheque or accounts transfers – Clarification Government Clarification on Amendment to Payment of Wages Act It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to … Read more
Central Government Employees demand of date of effect from Jan 2014 is fully justified. Comrades, Now the Government has announced the One Rank One Pension Scheme for Defence veterans. Its Highlights are as follows In future, the pension would be re-fixed every 5 years. Now we should expect the 7th CPC report to be submitted … Read more
“Pay revision mechanism for parliamentarians like that of pay commission for government employees : The Committee has proposed that an automatic pay revision mechanism for parliamentarians like that of pay commission for government employees.” Parliament panel wants doubling of pay, automatic pay revision mechanism for MPs A parliamentary panel has recommended doubling the salary of law … Read more