Stating this, Sakti Kumar Haldar, General Secretary, SBIOA (Bengal circle), said here at a press conference that the entry-level monthly salary for a clerk in the banking industry was Rs. 7,712 as compared to Rs. 12,793 for a government clerk. The gap was wider at the executive level, he said.
In addition, three lakh employees of SBI now felt deprived on account of the latest 17.5 per cent salary revision in the banking industry which Mr. Haldar said was discriminatory against SBI employees.
He explained that this was so on account of the denial of the benefit of additional cost being paid to other banks for payment of pension as a second option.
Mr. Haldar said that due to a prevalent ceiling on gratuity payments, the employees retired with a leaner purse as compared to other bank employees.
On the stand of the All India State Bank Officers Federation on these issues, he said the AISBOF along with the Staff Federation had already held initial discussions with the SBI management to resolve the issues.
Source : The Hindu.
29 comments :
NEWS ITEM IN ECONOMIC TIMES CHENNAI EDITION 16 DECEMBER 2009
SBI ALARMED AT MASS STAFF EXODUS.
Mass exodus at everylevel has caught the country s largest lender SBI so much and it learnt to have global consultant MCKINSEY AND CO to lend a helping hand by studying the existing HR issues.
According to SBI circles about 10 to 15 out of every 100 new recruits leave the bank within a very short period after joining .The attrition rates are higher in metros and urban regions.The rate at which fresh employees are leaving is a worrying factor.
COMMENTS: Let this be an eye opener toUFBU / IBA/GOVERNMENT OF INDIA-MINISTRY OF FINANCE all of them jointly took a pledge to push the industry to its lowest ebb by offering ridiculous and peanut wages. Combining with this type of exodus and retirement of senior professionals in the days to come , the fate of the industry is written on the wall.
The concerned authorities should sit immediately and took rectifying measures immediately;
BASIC PAY STRUCTURES FOR OFFICERS MAY BE 20000-70000 AT 2836 INDEX LEVEL WITH SUITABLE STAGES
BASIC PAY STRUCTURES FOR CLERKS 10000-30000 WITH SUITABLE SATGES
GIVE THEM MORE RESPONSIBILITY AND SEE THATTHEY ARE DELIVERING THE GOODS WITH HIGHER SALARY.
NO FOREIGN CONSULTANT IS NECESSARY TO STUDY THIS IMPACT. EVERYONE KNOWS BUT NOBODY WANTS TO BELL THE CAT.
SYSTEM IS LIKE THAT.
K BALASUBRAMANIAN
Before placing any charter of Demands for Pay packet,think twice whether all the bank's has capability to take load considering their income.AS pay packet to be borned out of profit of the bank not by budgetary support either by central or state Govt. If profit of a particular Bank viz,SBI considered that would be suicidal action of Bank Employee as a whole .Which the SBI leaders (socalled) are thinking
This is a genuine demand for the officers, they full right to live their life in competence with the officers of central govt.as per load o banking industry is being concerned this should be prior taken in notice while offering an unjustifiable pay hikes of Central govt employees,now every one should be entitled with equal wages so that there should be no discrimination at any level... The Government of India is responsible for the issue and now its time to take the decision to favor this productive sector also...
DEAR ALL,
EVERY WHERE IN THE COUNTRY THERE IS HUE AND CRY FOR IMPROVED WAGES BECAUSE VI TH PAY COMMISSION SCALES HAD BECOME A BENCH MARK. HAVING ACCEPTED THE SAME WITH ALL IMPROVED BENEFITS NOW IT IS THE RESPONSIBILITY OF THE GOVERNMENT TO IMPLEMENT SIMILAR TYPE OF WAGES UNDER EQUAL PAY FOR EQUAL WORK PRINCIPLE. ACTUALLY THE RISK FACTORS, UN OFFICIAL WORKING HOURS ARE MUCH MORE FOR BANK PERSONNELS. HENCE IF NECESSARY SOME SUPPORT ALSO TO BE PROVIDED TO REVISE THE WAGES NOT ONLY TO SBI EMPLOYEES BUT ALSO TO NATIONALISED BANK EMPLOYEES ETC . IF THE GOVERNMENT RESTRICTED THE SALARY INCREASE WHEN IT IMPLEMENTED THE SAME TO ITS EMPLOYEES, THEN THIS TYPE OF THINGS SHOULD HAVE BEEN AVOIDED.
ALLOW THE BANKING SECTOR TO PAY BETTER SALARIES . LET THEM START TAKING COST CUTTING MEASURES AFTER STUDYING THE IMPACT.ALLOW THE SECTOR TO RETAIN ITS TALENTS AND ALSO TO INVITE TALENT POOL SUCH A TYPE OF LIBERAL WAGE REVISION IS A MUST.THERE MAY NOT BE TWO OPINIONS IN THIS REGARD
K BALASUBRAMANIAN
It is not only SBI,Nationalised Banks also deserve better pay packet equal to other PSUs.It should be better than central govt.
SBI EMPLOYEES SHOULD COME OUT FROM UFBU AND HAVE A SEPERATE AGREEMENT
SBI EMPLOYEES HAVE DILUTED THEIR BARGAINING POWERS INSTEAD OF COLLECTING BARGINING BEING WITH UFBU
WE WERE GETTING CUSTOMARY BONUS HALF YEARLY AND THAT WAS STOPPED AFTER OUR ASSOCIATION WITH OTHER BANKS
EARLIER SBI WAS GETTING THE BRIGTEST AND INTELIGENT YOUNG EMPLOYEES NEXT ONLY TO CIVL SERVICES
NOW THE ABOVE CLASS OF YOUNGSTERS PREFER PRIVATE SECTOR
SALARY STRUCTURE IS ALSO ONE OF THE REASON
SO COME OUT FROM THE CLUTCHES OF UFBU AND HAVE A SEPERATE AGREEMENT WITH SBI MANAGEMENT
THIS WILL BE FASTER AND BETTER AGREEMENTS
It is strictly TRUE that despite world’s economic decline and bank failures, our tremendous action and results, put our country proud. But the GOVERNMENT did not praise us, rather they have slapped on our face by offering this miser wage structure. This has quite naturally reflected in recent days NEWS:- "According to SBI circles about 10 to 15 out of every 100 new recruits leave the bank within a very short period after joining."
What an encouragement!!!!
S.K.G
18.12.2009
Dear Comrades, the next round of talks for Award Staff on 28th Dec and for Officers on 29th Dec.09.
Award staff agreed merger of DA at 2836 points (137 slabs). But officers (other than AIBOC) have asked for merged at 185 slabs which is quite new to earlier settlements. Only the Load factor and construction of pay scales would be arrived at. Await another 10 days. Gud Night
Can anyone publish the Relativity Settlement 1996 in the blog
Await another 43 slab DA increase from February, 2010. A solace to the high level of inflation.
Referring Swami December 18, 2009 10:46 PM:
Bank employees DA for February-2010 will be around & within 30 slabs. Not more than it. Oct-09 CPI Industrial is 165, Nov-09 CPI Industrial is expected 167 based on CPI Agriculture/Rural index Nov-09 published on 18/12/2009 & another 1 or 2 point rise can be expected in December-09. If it is 168 for Dec-09, then Feb-2010 DA will be 28 slabs; if it is 169 then it will be 30 slabs. In exceptional situation, if there will be 3 points rise in Dec-09 DA may be 32 slabs, but this chances are quite remote. However it will be never 40 or 43 slabs rise. Central govt DA for July-2010 will be around 9% and will touch 44%. In next rise it will cross 50% mark and 25% out of it, will be automatically converted to Dearness Pay as per sixth cpc's provision to fetch more DA(DP included), HRA & Transport Allowance in term of amount wise.
Dear Chandan, my calculations are based on the rate of increase over previous year not only under Agri and rural labour which is 2.5% over oct 09, but also rate of inflation of food products, manufutured food products which constitute major part in CPI. The same situation is under way as was in 1998. It will get reduced only by May, 2010. The calculations are not to have more DA but to compensate highest excalating food prices where a 100 rupee note does not finds it true value.
Can anybody publish Relativity settlement 1996 which describes to avoid disparity among award / officers pay fixation ? Award asking 2836 points DA merger and Officers - aiboa asking 3028 points DA merger. Quite a new scene?
when Govt is giving HRA at 30 % of basic to their employees where as they are never posted away from their home town like Employees working in different ministries, DDA, MCD,DJB etc. Where as bank employees are posted away from their home town every after three years and paid HRA only at the rate of 8.5 % in metros cities. How it can be justified?
Respected Shri Swami Ji,
It appears that you have not gone through my messages requesting you to advise the percentage increase in wage burden on Banks other than SBI and SBI, had the SBI leaders signed the MOU.
My second query is whether or not all service conditions/ perquisites/ reimbursements are same in all Banks. If not, why should we not ask for uniformity by getting best of all banks. So that there is regimentation/ uniformity. If it is not possible, why should you grudge the limited pension benefit being extended to the SBI staff? All constituents of UFBU could have waited for couple of days and impressed upon IBA to include the special provision which existed in previous wage settlements.
Kindly clarify and oblige.
Referring mohanlal52,December 26, 2009 6:40 PM:
"why should we not ask for uniformity by getting best of all banks. So that there is regimentation/ uniformity"
Dear Mohanlalji,
You have mentioned something on uniformity.Do you know what is the pension for Regional Rural Bank employees/Officers? Yes it is only around 1500/- per month.While thinking on uniformity in banks, one has to think for RRB also. Have you any formula for these poor pension paid, high wages employees/officers of RRB?
Dear Shri Chandan ji,
I am in favour of fighting for those Bank employees who are less privileged. But, certainly no employee/ officer association affiliated to UFBU should have any grudge against any other employee getting better/ different amenities, terms and conditions of employment; particularly when such employees'/ officers' (SBI)associations are fighting with the Management and are constituents the UFBU. The simple question, I asked was the percentage increase in wage burden on non-SBI and SBI Banks, had SBI leaders signed the MOU and why could not the other unions wait for couple of days to ensure that special provision for SBI staff were mentioned in the MOU.
Regards,
Referring mohanlal52 December 27, 2009 10:44 AM:
Dear mohanlalji,
I think you are from SBI. I am from a big size nationalised bank, recruited in 1992 as a clerk cum cashier by BSRB.In spite of secured a high rank in BSRB exam,I & some of my friends had been pushed to nationalised banks against our wishes owing to unavailability of a "preference giving exercise" for selected candidates. Otherwise
we could have get into SBI. Some who performed poor than us also alloted to SBI due to this system.That was an all India feature in all BSRBs, right from 1985/86 to 2001(year of abolition of BSRBs) as per the guide line of Finance Ministry GOI, in order to maintain/allot an equal level of HRD in all public sector banks. However CRB for SBI PO(not for associate banks)and those BSRBs where single bank PO recruitment was in vogue, like BSRB Calcutta, solely for UCo Bank, BSRB Bhopal solely for Central Bank,BSRS Lucknow solely for Allahabad Bank etc were free from those maladies as they recruited for a single bank.But parallel problem like clerical recruitment was there, with BSRB Delhi, BSRB Bombay, BSRB Madras, BSRB Bangalore as they involved with multi bank PO recruitment in one joint notification.I don't know whether you are aware of this history or not.
This time the major goal with unions of nationalised banks & associate banks were "Excise one more pension option for PF optees" I like to clear you that, I am a pension optee right from 1993/94. Reopening of pension for PF optees was a fight for survival of about 3 lac employees.Unions could not have lost sight of the fact that about 3 lac employees and their families were looking at them for breakthrough in getting pension option.
Neither of any pension optee (employee) in nationalised banks, has been benefited from it. But this sacrifice is for a cause of humanity & for our fellow bank colleagues.
The aspect & problem of SBI and nationalised banks are different to each other. So what's the necessity to sit altogether for a joint wage negotiation? SBI should go in the line of a separate wage revision like RBI, LIC etc. What's the wrong in it? But sitting along with Nationalised Banks with an aim & object to derive a bench mark, in order to proceed further for a separate improved wage negotiation at bank level, in noway appreciated for SBI unions.
Union leaders in SBI are misleading their members that SBI pension will be in vogue even after 01/04/2010. But be sure, NPS will be introduced in all financial institutions along with RBI, LIC etc from 01/04/2010 for new recruitees as per the guideline of GOI.No one can differ it.
Dear Shri Chandan ji,
Thanks for your comments. Still there is no answer to my basic questions. What has happened must be an eye opener for SBI union leadership. At least, they should now realise that it was foolish on their part to join UFBU in the name of Bank staff unity. They have enough strength to talk with SBI Management, which has been proved amply and repeatedly.
I am neither aware of their assuring staff about the continuance or otherwise of Pension Scheme for those joining on or after 01.04.2010 nor I have come across any such circular issued by them. May be, in lieu of pension, employees may have to join NPS but who stops the Unions to ask for higher contribution to PF by the Bank. Let us wait, what happens.
Regards,
Referring mohanlal52 December 27, 2009 4:58 PM:
QUOTE:
"At least, they should now realise that it was foolish on their part to join UFBU in the name of Bank staff unity. They have enough strength to talk with SBI Management, which has been proved amply and repeatedly."
UNQUOTE:
"NCBE does not have much base in other banks apart from SBI. So it can be confined itself completely with SBI employees' cause. But AIBOC position is quite different. Apart from SBI it is also majority officers' union in most of the nationalised banks. So there are also apprehensions from every nook and corner, that G.D.Nadaf may lose his General Secretary position either in AIBOC or in AISBOF, if he fails to balance & settle things of these superior & inferior complexes between SBI and Nationalised Banks on wage settlement."
QUOTE:
"But who stops the Unions to ask for higher contribution to PF by the Bank"
UNQUOTE:
Introduction of PCR during 1979 in the banking industry was the first attempt to bring uniformity in the banking industry by Govt of India. The Pillai committee was entrusted with the Job of determination of uniform service terms and conditions for Nationalised Banks. Subsequently, the recommendations were applied to SBI. This time there is also GOI to look after it and must take a pragmatic decision based on substantial wage theory."
OBSERVATION:
"SBI Officers union AISBOF never thinks seriously for seventh BPS retirees of SBI, regarding their pension update, from sixth to seventh BPS as done in case of industrial level pension-1993/95 optees in other banks.
Before going on strike they should first examine the recent news "Pre-97 RBI staffers may get less pension from next year"(Visit http://staffcorner.net for news Tuesday, November 24, 2009).I apprehend if they go on strike this time, they have to go alone, no UFBU or nothing will be with them and there is every possibility that this strike may fail like oil corporation's strike."
Thanks.
My dear Chandan,
I do not remember any strike, which failed in SBI at least during the last four decades.
Do you recollect?
Regards,
Referring mohanlal52.January 3, 2010 6:37 PM:
Dear Mohanlalji,
So many my relatives were retired from SBI on special VRS 2001 & on Exit policy 2006(SBI) of the bank.From them I heard the past horror scenario of sixties.The job was not at all attractive at that time, especially in workmen cadre.
Please analise the gain on seven days strike in SBI.The issue of pension update could have solved without strike. Strike was called on such a period ,when then FM P.Chidambaram was very busy on election campaigning for his son at TN. Otherwise it could have been solved with in two days.Though it was a week long strike, comparing the weight of the issue, it can't be branded historical.
Past is past. Today it is quite difficult to get success in a strike without political affiliation. Many examples are there. So future task can't be measured basing on history of decades in this volatile and very risk subject. Thanks.
Reproduced from displayed news: amitnimade.com: Amit Nimade State Bank Of India Welcomes You - News: posted by chandan January 17 2010 10:17:42
HEADLINES:"Silver spoon sbi cut workers"
'If SBI & its employees are thinking different and are not happy, inspite of being a party to UFBU & Nineth BPS; then why don't they go for a separate settlement like RBI/NABARD, LIC & other financial organisations? But sitting with others (Nationalised Banks)in BPS only for geting/collecting a bench mark for their further separate wage-hike is in no way appreciable.'
Referring posts of chandan and many others. I am reminded of one old saying Khisiyani billi khambha noche. You people dont compare urself with SBI people, better divert ur energies to improve performance of ur respective banks. Because from next time onwards all bankmen are going to be paid as per paying capacity of banks. Face reality and be happy.
Referring Kundan 23, 2010 8:15 PM:
Dear Mr Kundan,
Your statement and conclusion drawn are too immature.Even SBI Chairman can't say like this.Don't treat SBI as your own property.If you work there, then you are simple an officer or employee. Neither as per your sweet will the organisation is running.Like other Public Sector SBI is also one.I may not work in SBI, but I have account with this bank since my days in Govt departments, way back Eightees.
Read here an extract from AISBOF website:"A Probationary Officer of Bank draws less than a Clerk in Government and A Bank Clerk draws less than a Peon in Government"So please don't feel yourself proud to be in SBI.For your information I have been very close with various competitive exams for last Twenty years and also quite aware of the periodical changes in qualification and syllabus of these exams.Number of my students are there in SBI as on date.
Thanks.
Referring Chandan:
"Don't treat SBI as your own property.If you work there, then you are simple an officer or employee." I once again re iterate that its the beauty of SBI all its employee take ownership in it and work as if its their own. Officers/ Employees like you of all other banks shud start learning it and try to reach heights of SBI. WE own SBI and take pride in it. Until you take ownership of what / where you do, you can't excel.Thanx n rgds
Referring Kundan 26, 2010 12:05 PM:
Dear Mr Kundan,
Right now one of my close relative a Special Asst of SBI Zonal Office, 28 years of service completed, is sitting beside me, while writing this reply. Today is a holiday for Republic day. Reading your comment, he is laughing. We are, including my SBI relative are not so patriotic like you. If every Indian can think in your way with such a high patriotic feelings that you expressed for your organisation, definitely a number of problem of the country will be solved so motto. However survey on human finds many pseudo & hallow feelings in this type of expressions that you exhibit for your organisation i.e SBI.
My following news are directly against SBI, which have been permitted by Mr Amit Nimade of SBI in his Award Winner Portal www.amitnimade.com after a careful verification of Mr Nimade.Those are:
"SBI officers threaten to go on strike"(By chandan December 01 2009 20:31:43)
'Asking for 10% pension hike by Kolkata based SBI officers' union leader, can’t see any light. First of all, sub-staffs to scale-I officers in SBI have always been drawing 50% pension on their retirement as like their counterparts in Nationalised banks. The difference starts from Scale-II draws 46% pension and gradually in upper scales it reduces to 40%.So fighting for an executive in the rank of CM in Scale-IV to CGM in Special scale-I for this 50% is how far justified and acceptable to the rank and file is certainly questionable. A sub-staff sacrificing his day’s salary for the cause of a GM or CGM, looks funny as AISBOF alone can’t go for an indefinite strike without NCBE outfit of SBI award staff union. It can also be recalled that both unions were jointly participated on one week long strike for pension updating. NCBE does not have much base in other banks apart from SBI. So it can be confined itself completely with SBI employees cause. But AIBOC position is quite different. Apart from SBI it is also majority officers union in most of the nationalised banks. So there are all apprehensions from every nook and corner that G.D.Nadaf may lose his General Secretary position either in AIBOC or in AISBOF, if he fails to balance and settle things of these superior & inferior complexes between SBI and Nationalised Banks on wage settlement.'
"Silver spoon sbi cut workers"(By chandan January 17 2010 10:17:42)
'If SBI & its employees are thinking different and are not happy, inspite of being a party to UFBU & Nineth BPS; then why don't they go for a separate settlement like RBI/NABARD, LIC & other financial organisations? But sitting with others (Nationalised Banks)in BPS only for getting/collecting a bench mark for their further separate wage-hike is in no way appreciable.'
When a respectable person of SBI Mr Amit Nimade,(who received much appreciation & recognition from SBI Chairman Mr O.P.Bhatt) appreciates my above articles/comments, then how can you criticise my comments on behalf of SBI?
Don't keep much confidence either with your union or with your management. Reveal the career path introduced in SBI in 2002/03, against the will of employees, a nexus between union & management on the borrowed theory of TATA group.My uncle had also left SBI in 2006 on EXIT policy, with a nine years left over service due to these type of malafied intension of union & management combine.So it is wise to keep a safe distance both from management & union.
Thanks.
Referring INDERPAL January 25, 2010 9:29 PM:
Dear friend,
I already told 2012 is 2015 for BPS. If you are interested to get it within a six month of due date Nov 2012, then please stop this levy collection system of BPS arrear.Contribute atleast 1 to 2% on gross salary as monthly union subscription, in place of these Rs 50 or Rs 100. This is my first suggestion.Your opinion on this is requested.
Thanks.
UNIONS TURN US INTO BEGGERS: CASH DELIVERY UNDER DOORSTEP BANKING.
-----------------------------------------------------------------------------------
State Bank of India
e-Circular
P&HRD.
Sl. No. : 507/2009 - 10
Circular No. : CDO/P&HRD-IR/47/2009 - 10
Tuesday,October 20,2009.
28,Ashwin 1931(S).
Memorandum of Settlement has been signed by the Management and Staff Federation on the 29th August, 2009. As per provisions of the settlement, AISBISF has agreed for
1). Pick up of cheques/bills from customer’s place.
2) Delivery of drafts/Inter Office instruments at customer’s place.
3) Accepting cash from individual/non-individual customers under doorstep banking
4) Cash delivery to customers under doorstep banking.
5) The above duties are in addition to the existing duties
6) All the members of clerical and subordinate staff are required to undertake marketing of products of the Bank and its subsidiaries besides discharging, outside work by calling on the customers. For the purpose they will be reimbursed the cost of petrol or lump sum amount as per the ceiling fixed by the Bank for those not maintaining vehicles and indicated in annexure.
Thanks.
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