Monday, April 5, 2010

NEW BASIC PAY OF BANK OFFICERS AFTER WAGE SETTLEMENT



We are aware that all the bank officers are eager to know their revised basic pay after the wage settlement. However, AIBOC has still to issue the circular on revised scales of pay.

In the meanwhile, we have come across with a circular issued by State Bank of India Officers’ Association of one of the circles wherein they have published the revised basic pay of the Officers after the settlement.

We are furnishing hereunder the existing as well as revised basic pay of the Bank Officers as per the circular issued by State Bank of India Officers’ Association.

We would like to mention here that the chart has been issued by one of the Officers’ Association of State Bank of India, which is affiliated to All India State Bank Officers’ Federation and AIBOC.
                      
PRESENT           REVISED          PRESENT REVISED
SCALE –I                                      SCALE-II
10000            14500            13820            19400
10470            15100            14320            20100
10940            15700            14880            20900
11410            16300            15440            21700
11880            16900            16000            22500
12350            17500            16560            23300
12820            18100            17120            24100
13320            18700            17680            24900
13820            19400            18240            25700
14320            20100            18800            26500
14880            20900            19360            27300
15440            21700            19920            28100
16000            22500            20480            28900
16560            23300            21040            29700
17120            24100            21660            30600
17680            24900            22280+          31500+
18240            25700            22900+          32400+
18800            26500                                33300+
19360            27300                                34200+
19920            28100           
20480+          28900+                 
21040+          29700+                 
                    30600+                 
                    31500+

SCALE-III                                     SCALE-IV     
                                         
18240            25700            20480            30600
18800            26500            21040            31500
19360            27300            21660            32400
19920            28100            22280            33300
20480            28900            22900            34200
21040            29700            23520            35200
21660            30600            24140            36200
22280            31500                      
22900            32400+                 
23520            33300+                 
                    34200+                           
                    35100+

+ Stagnation Increments

SCALE-V                            SCALE-VI                         
                                                   
24140            36200            26620            42000 
24760            37200            27300            43200
25380            38200            27980            44400
26000            39300            28660            45600
26620            40400            29340            46800
                              
SCALE-VII

29340            46800
30020            48100
30700            49400
31600            50700
32600            52000

View increase of clerks and substaff at a glance from AIBEA site.

15 comments:

BALAN said...

IF WE UPDATE THE SCALES FROM PILLAI COMMITEE RECOMMENDATIONS OF 1979 THE STARTING SALARY SHOULD BE BASIC 15600+GRADE PAY 5400+HRA 30% WHICH IT SELF IS 27300+ DA 36.75% AROUND 7500 TOTAL STARTING SALARY SHOULD BE 35000 RUPEEES PRESENT WAGE REVISION IS GIVING ONLY 14500+36.75% DA+HRA+CCA 22000 ONLY. BANK OFFICERS STATUS WAS REDUCED BY 13000 PM WILL THE NEXT STTLEMENT CAN GIVE THIS MUCH COMPENSATON TO NARROW THE GAP .WHO IS RESPONSIBLE.IT IS NOT ONLY BANK OFFICERS WHO WERE MADE THE SCAPE GOAT BUT THE ENTIRE SECTOR WILL NOT BE IN A POSITION TO ATTRACT TALENTS IN OFFICERS CADRE. THEIR STATUS IS MORE OR LESS EQUAL TO UDCS.OF CENTRAL GOVERNMENT/STATE GOVERNMENT . WILL ANY BODY FROM CAMPUS WILL ACCEPT BANK JOB EVEN AT SCALE V LEVEL IS A MILLION DOLLAR QUESTION. LATE REALISATION IS NOT GOING TO HELP. BANKMEN WERE LEFT WITH NO OTHER ALTERNATIVE BUT TO BLAME THEIR FATE. IT IS GOING TO REFELECT IN THEIR WORK DUE TO PSYCHOLOGICAL FACTOR AND MIND AGITATION FOR FORCIBLY ACCEPTING A PATHETIC LOW SALARY REVISION WHEN COMAPRED TO SIXTH PAY COMMISSISON. IF WE FORGET SIXTH PAY COMMISSION THEN COMBINE WITH PENSION OPTION THIS IS ONE OF THE GOOD SETTLEMENT. UFBU OFFICE BEARERS ARE TAKING PRIDE ONLY IN THIS AREA FORGETTING THE PARITY. GOVERNMENT SHOULD MAKE THE SALARY LEVELS ON PAR WITH SIXTH PAY COMMISSION ATLEAST FROM 01.11.2012 WITHOUT UFBU+IBA COMBINE AND DO IT BY NOTIFICATION . PLEASE GIVE SOME TYPE OF ASSURANCE TO THE POOR OFFICERS SO THAT THEY CAN AT LEAST DREAM SOMETHING WILL HAPPEN AT LEAST TWO YEARS FROM NOW AND WITH THAT SPIRIT WORK WITH MORE PRODUCTIVITY.AND CHEERS.

K BALASUBRAMANIAN retired senior manager

PM said...

AIBOA Version:

ALL INDIA BANK OFFICERS' ASSOCIATION has issued

Circular No.10/V/2010 on

April 3, 2010 with details of understanding.High lights are as follows
***
"DISTRIBUTION CHART FOR RS. 2239 CRORES ON WAGE REVISION



****


HIGH LIGHTS OF WAGE REVISION





Merger Point:
2836 points



Pay Scales
Rs.14500 – Rs.52000



DA
0.15% per slab of 4 points beyond 2836 points



HRA Rates
8.50% of revised BP + PQA


7.50% of revised BP + PQA


6.50% of revised BP + PQA



CCA
Higher Areas - 4% - Max Rs.540/-


Other CCA Areas – 3% - Max. Rs.375/-



Medical Aid
Scale I to III – Rs.5100/-p.a.


Scale IV to VII – Rs.6320/- p.a.



Other Components
Hospitalization – 9.70 crores


Hill & fuel allowance – 0.86 crores


Project Area allowance – 0.29 crores


Split Duty Allowance – 0.22 crores





INDUSTRY LEVEL IMPLICATIONS OF OFFICERS WAGE REVISION



Increase [ Rs. In crores]



Basic Pay + DA 1132.56
8.85%

HRA
139.51
1.09%

CCA
0.69
0.01%

Medical Aid
26.01
0.20%

Addl.2 stagnation increments
34.39
0.27%

FPP
28.66
0.22%

PQA
2.29
0.02%"

PM said...

AIBOC has issued detailed circular today bearing Cir No.
43 --EQUITABLE DISTRIBUTION OF WAGE LOAD TO OFFICERS UP TO SCALE VII 5th April, 2010 --
Ref: AIBOC website

Neeraj said...

Officers associations need to remove anomalies related with the differential hikes in post revised scales of officers in scale III and scale IV. And that betweenn scale V and scale VI.First of all the salary hikes are very modest, still the disparities between the officers drawing the same pre-revised basic pay must be abolished and equalities be restored.

Neeraj said...

Officers associations need to remove anomalies related with the differential hikes in post revised scales of officers in scale III and scale IV. And that betweenn scale V and scale VI.First of all the salary hikes are very modest, still the disparities between the officers drawing the same pre-revised basic pay must be abolished and equalities be restored.

Neeraj said...

Officers associations need to remove anomalies related with the differential hikes in post revised scales of officers in scale III and scale IV. And that betweenn scale V and scale VI.First of all the salary hikes are very modest, still the disparities between the officers drawing the same pre-revised basic pay must be abolished and equalities be restored.

shilpi said...

vinash kale viprit budhih

shilpi said...

bhukhe bhajan na Gopala

shilpi said...

Akbar asked Tansen i'm missing devine feeling in ur voice . Tansen replied the moment u seen that day i was singing for master of universe now it's 4 u. So result differ @ morale

shilpi said...

long live IBA

SK said...

Dear Sir,

STAGE TO STAGE FITMENT OF OFFICERS IN SCALE-V

URGENT INTERVENTION REQUIRED FROM ASSOCIATION

I mention below a standard line of Circular being issued by Banks at the time of strike call by officers association:

"Officers in Senior Management Grade Scale IV and above are not expected to

be members of the associations of which officers in Scale I, II and III are also

members. "

Untill 9th BPS I was under impression that officers of scale -IV and V are part of association and despite above mentioned line of caution, we took part in all the strikes/ agitations as per the directive of officers assoctaion. However, now it is proved wrong and all officers of Scale V are supposed to resign from your esteemed association because in proposed 9th BPS, stage to stage fitment will be given to each and every officer except officers of Scale V as an officer in scale V with Basic Pay of 26620 will get revised basic pay of 40400 while a Scale VI with same Basic Pay of . 26620 will get revised basic pay of 42000/- . This is the only exception of stage to stage fitment.

Therefore, now it is proved that that no one is concerned to take care of this anomaly despite the fact that the 98% officers in Scale-V are drawing basic of 26620 because of short length of the scale. ( total 4 increment, two fro CAIIB, 1 for promotion and 1 for last drawn PQA).

The AIBOC has proposed scales IV and V as under which has created this unique problem.



30500
31400
32300
33200
34200
35200
36200
37200
38200
39300
40400


What was the problem with the undernoted scales which can remove the problem created by you. Was the cost too high to abosorb ?

30500
31600
32700
33800
34900
36000
37200
38400
39600
40800
42000


We exepect AISBOF to raise the issue and rectify this anomaly before celebreting the signature ceremony on 09th/ 10 th April 2010.

I am a member of officers association since 1991 and as a member, I have right to know the reasons behind accepting this by association. Otherwise, you simply inform us that there is no place for Scale-IV and V in Officers Association.

Thanks and regards,

SK

Satish said...

Samundar jitana target, nadi jitana reporting, talab jitana office work, balti jitana salary, lote jitana increment, to kya ghanta hoga achivement.

SHYAM SINGH said...

UFBU leaders ki......... me daldo es settlement ko bhogli banake.

Sanjay Bhatt said...

Don't pay LEVY.

We can do at least this for better 10th settlement.

chandan said...

WHY FEEL ASHAMED TO BE A PSU BANKER ???
------------------------------------------------------------------------------------------

The leaders of the officers association and the union should voluntarily resign from their posts. They have collectively brought down the job in PSU banks to below poverty line level. The agreement reached by the leaders make our heads hang in shame. We feel isolated from the overall gambit of people who used to feel proud about working in a PSU bank. Probationary Officers were earlier called as highly paid clerks, now they will be called ‘kolhu ka bail’.

These leaders deserve to be beaten with ch**pals before the members. We don’t want any more leaders to talk about salary. Let the government form a committee like 6th pay commission and study the market and link it with business growth and position of banks and then recommend pay scales. I think we will any day get better than 17.5%.

It seemed as if during last 3 ½ years that our association was discussing the Kashmir problem with the bank management. Had Indian and Pakistani officials discussed Kashmir in as many meetings as these bank leaders were discussing with the bank management they could have also found the solution of Kashmir problem but our leaders could bargain only 17.5% hike.

The current wage settlement is a SHAME for all of us. The difference between the maximum hike of Scale-V officer and maximum hike of Scale-VI officer is 75% have these id**ts (I mean the original word and not the meaning now understood after the recent movie by same name) come to such a startling difference after 3 ½ years of negotiation. God save PSU bank employees.

Instead of talking about 5 day a week after setting up of ATM, Online transfer facilities etc, They are talking about setting up a working time. Has any leader negotiated with any AGM or DGM if they force their staff to sit late? These leaders talk about giving Rs.200/- if you sit for more than 2 hours after your office time. Even a railway coolie at New Delhi or any other big station charges Rs.300/- for shifting your two- light luggage from entrance to platform no. 2 or 3 and the job is get done in 5 to 10 minutes.

SHAME WE ARE TOLERATING THEM. I feel ashamed to be a PSU banker today.

(www.allbankingsolutions.com)
------------------------------------------------------------------------------------------------------

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