AIBOC issued its circular no. 45 on the feedback of 9th Bipartite Understandings. We are reproducing the same here for ourviewers.
"FEED BACK ON 9TH BIPARTITE UNDERSTANDINGS
We are receiving a number of SMS and e-mails from our members on the understandings reached with the IBA on 3rd April 2010, as regards distribution of wage load of 17.5% among various components of salary and allowances. In this connection we would like to clarify that,
UFBU has agreed to accept 17.5% wage increase w.e.f 01.11.2007, as per MoU signed on 27th November, 2009. The issue cannot be reopened now.
The 6th Pay Commission recommendations for wage revision of Central Government employers are effective from 01.01.2006, for a term of 10 years. In case of Bank employees it is for a period of 5 years from 01.11.2007. The distribution of wage load for Central Government employees is not uniform. A meager increase of about 15-20% for lower level officials and higher increase at Secretary Level, with different pay bands is followed for them. Where as in our case we have tried to maintain equidistribution of load factor.
In case of Central Government employees, they will first arrive at the proposed revised scales and allowances and there is no restriction as regards cost of wage bill. The entire cost will be debited to the National Ex-chequer of the Government of India.
In the case of Bank employees, Government of India first fixes the limit for percentage increase and distribution of the increased load among various components of salary and allowances, is the responsibility of IBA and Unions/Associations.
Therefore, it is a herculean task to balance the demands of IBA and the Unions in drawing the revised scales of officers upto scale VII.
During the current bipartite the demand of the IBA was to distribute higher load to Officers of SMGS IV and above, whereas we demanded equitable distribution of the load to all scales/grades, as higher load to senior grade officers and above will affect the scales of junior officers.
However, keeping in view the higher risk and responsibility of senior executives, we suggested to the IBA to get extra cost over and above 17.5% sanctioned from the Government of India to meet their demand. The IBA did not accept our suggestion and was bent upon loading higher increase in scales of senior executives. We are successful in minimising such higher load.
Our members will agree that, the issues being sensitive and the cost involved for higher loading at a senior level officer being barely few crores, breaking the negotiations on this point would have divided our membership. The frustration level at grass root level membership for early settlement is known to everyone. Therefore, Negotiating Committee after due deliberations, has agreed to come to an understanding with IBA on distribution of wage load of 17.5% in salary and allowances. There may be a few aberrations/anomalies as regards revised scales etc., which we will take up with the IBA during our further discussions. There is no hurry in coming to premature conclusions and resorting to vilification campaign to belittle the efforts of the Confederation which may divide the membership. Basic principle of Trade Union is “one for all, and all for one”. We hope our enlightened members will appreciate the genuine constraints faced by the leadership at negotiating table.
Comrades, we welcome your constructive feedback, but do not appreciate immature reactions, which affect the unity of the great organisation, AIBOC.
OUR UNITY ZINDABAD
With greetings,
Sd/-
(G.D. NADAF)
GENERAL SECRETARY"
39 comments :
Comrade Nadaf,
If this the case then why we are carrying the name of government of india. Please thrwo the name out and let us privatise the psu banks. i dare the GOI to do this.
Second thing do you think the national exchequre is for the loot by the GOI em ployees.
you are not presenting the facts. We have contibuted enough to the exchequre to wanted to have share in the profit being the satke holders. You can not run an institutuon where your soldiers have sense of betrayel and injustice.
If the salaries and other perks are paid from GOI exchequer, better be as a GOI department rather than PSB.what is the additional benefit we have got except poor rated union leaders. Let us make PSBs/banking industry as a part of GOI and wait for 7th pay commission in the year 2016 and get equal pay and updation in pension etc rather struggling for several years for settlement. Let AIBOC agree their failure now and strengthen the rank and file.
it is sahemful that union leaders are patting their shoulder instead of accepeting the responsibility of 9th bipar.
Union has miserably failed and IBA has struck the deals at theor terms.
Why management is afraid of disclosing the ctc for the Probationary officers?
Please be transparent in your recruitement and disclose ctc alonwith the point that salary of the new recruits will be decided by the great system of bipartite.
entire system of bipartite is old and should be replaced with more transparent system without IBA and UFBU.
we are very much aware that union does not represent the employees and election for the union posts are a fraud.
When Govt revises pay structure of employees that is a cost to the exchequer- treating it as expenditure only from the earnings by way of taxes and other govt allocations, who is stopping us in presenting a strong case that our pay structures are from the profits and each and every Bank employee is contributing to profit and demand better pay.
As compared to responsibility of Bank employee (all cadres- although degree of responsibility varies)the Govt staff do not have any such accountability, instead their acts of negligence result in damage to general public, loss of public life- like giving indiscriminate permission to construct sky rise building. There will be innumerable cases, right from Uphar Cinema fire to the latest Bangalore/Kolkata fires, an inquiry will be ordered which never lead to the Official culprits- however delayed punishment may be there to some less influent builders or related people.
One wrong credit/debit, especially under CBS will lead to personal agony and later dismissal etc.
Our case was not presented in a befitting and convincing manner. There is already discontent among employees, now this paltry increase will add fuel to fire. And employees with betrayal and injustice feeling can not do their job with dedication
Dear leaders,
An officer in scale V drawing basic pay of Rs. 26620 will draw Rs. 40400 as the new basic pay, whereas the officer in scale VI will get Rs. 42000. This is an anamoly which needs rectification. I trust that our great leaders shall take care.
Are the officers in Scale IV and V not stagnating? Why there are no stagnation increments for them? Only our great leaders can answer this question. Have they not sacrificed the interest of their members in Scale IV & V?
Rumours are afloat that some senior management officers have resigned association membership in Corporate Cenre of SBI. Is it true?
Govt emp are getting much more pay than bank emp.Their salary is paid from the collection of taxes direct and indirect no link to profit or so.Where as we bank emp working hard sitting late,working on sundays,holidays,more risk involved,responsibilities,transfers,keeping families out of posting areas and in monitory less paid it it JUSTIFIED.Govt should think on this because we are making huge profits and giving it to the Govt and still it is not bothered to give us as per our demand.Union leaders are not so capable to negotiate and convince the same.What is the future of the bank emp only God knows.
It appears two important issues viz.,outsourcing and finalizing duties of special pay posts have eluded consensus during the meeting held on 7th and 8th April between and representatives of workmen unions.Another meeting is proposed to be held on 13th of this month to sort out these issues. Another round of meeting is likely to be held on 12th between UFBU and IBA to thrash out pension related issues. it appears doubtful that the final settlement would be signed on 15th as has been announced earlier by all unions if the above are carefully read as it appears in cir 11 of All India PNB staff federation. Vasudevan
Correction. The word IBA should be inserted after the word between in my post of april 10, 5.55 pm. The omission is regretted. Vasudevan
What ever may be our views,it is evident that an increase to one section of employees is decrease to another section of employees. No increase beyond 17.50 % is expected at this juncture.If in future,unions stick to an increase of not less than 30 % and not yield to any type of threats,bank employees may hope for an honourable pay structure. Otherwise,new recruits are forced to join banks as stop gap arrangement only and not to serve the institution till their retirement.
Sir,
Please get of your self praise mode.... The employees have already waited for 2 and half years for a paltry raise and these circulars do nothing apart from rubbing salt into our wounds... Take a look at the discrepancy between the salaries of govt employees and bankers... As regards the duration.. bring the bankers salaries at par with the government employees and make the bipartite a 10 yrs affair... and yes since you have have been kind enough to issue such "transaparent" circulars.. please also issue a circular regarding the proposed "levy" to be forced upon.
Regards,
Nishant
Oops forgot to add revolutionary greetings :D
Comrade Nadaf
There are few serious aberration/anomalies in formation of revised scales for officers of scale III to Scale V i.e. officers in scale III with a basic pay of Rs.23520 will draw Rs.33200 in revised scale where as the officers in scale IV, with the same basic pay will draw Rs. 35200. Like wise anomalies is also in scale IV, V and VI. These type of anomalies will lead to frustrations among the officers, which is not good for the unity of union members. Keeping in view the higher risk and responsibilities of the senior officers / executives some provision of grade pay/spacial allownces may be provided without disturbing the usual process of stage to stage fittment as done in the past. These anomalies needs rectification before final settlement on 15.04.2010.
G.C. Kumbhat
Ret. Manager SBBJ
Referring SHANKAR 10, 2010 7:29 PM:
Dear Sir,
See the double standard of these union leaders. On one way they expressed themselves in AIBOC website:
THAT BANK EMPLOYEES ARE IN A HIGH WAGE ISLAND IS THE GREATEST MYTH
Today a General Manager of Bank draws emoluments less than a Section Officer of the Government of India;
A Probationary Officer of Bank draws less than a Clerk in Government and
A Bank Clerk draws less than a Peon in Government;
And on the other hand they are issuing these type of circulars as if they got victory in a great war. How shameless are these union leaders?
When AIBOC, the only possitive union in our industry can't think and withdraw itself from the discussion on parity with GOI/Sixth CPC, certainly there is no other union left with us that can spare a room on this subject. AIBEA and BEFI both are unions for real labour class people and as on date in bank, employees /officers are not in the category of labour class, I mean not in the level of rickshaw pullers or daily labours.
Its not necessary in banks today that only talents can do the work. In ICICI, AXIS, IDBI etc people are working in Rs 10000/- P.M. as Executive Asst. So in future definitely out of 120 crores+ population of the country unemployed will come and join in our industry for employment and will stick here, but never candidates like me and my friends. 10th BPS can't cover the gap of CPC and by that time preparation for another CPC would have been started. So jobs in banks atleast for coming two decades unable to achieve parity in the salary with their counterparts in Govt and only so called unions of ours are responsible for this situation.
Thanks.
dear friends,
dont cry and panic,please do what i suggest now.
dont do any work;like tallying beyond your level. Keep the sr.mgt come and sit with you.let them also do the job for you, leave the job with them which you half finished.can you do that ?
dont sit late at the cost of your family.
Otherwise dont aspire for an elevation in your carrer.
one more important thing try to become assn leader or secy.of your bank and enjoy the benefitss.
these are all the simple method you can adopt to achieve the target.
AIBOC CIRCULAR IS TOTALLY NOT CONVINCING AND LACK MATURITY
The latest AIBOC circular justifying 17.5% increase with one more pension option etc totally lacks conviction. Banks with less profitability paid much higher wages in 1980 s and 1990 s .Man power was reduced from 11 lakhs to 8 lakhs with multifold increase in work pressure. ALL DESERVE MUCH MUCH BETTER WAGES. The per capita business increase and profitability, profit as a whole vs establishment expenditure since 2000 will speak volumes. After the massive success of VRS 2001 scheme , some banks were actually saved from crisis.(COURTESY : VRS OPTEES ) The entire balance work force worked very hard shouldering the manpower shortage and brought down the establishment expenditure to single digit levels as percentage to net profit in several banks . The maximum percentage is around 16% Minimum around 8%. Overall percentage around 13%. LIC establishment expenditure is touching all time low when compared to its huge profitability. Now they are also cursing the bank men for accepting peanut increase. The argument of AIBOC is that pay commission is fixing the percentage increase and they are not bothered about cost as the entire expenditure is to the debit of national exchequer. Even though it is a, fact , bankmen also can be given hefty pay hike from their own profits and not at the cost of huge debt burden and increase in fiscal deficit like central staff/state govt staff. Who prevented AIBOC in not settling the vexed pension issue separately as per MOU 2008.The issue would have been clinched during the election time without much difficulty, when all the people got election tonic. What is the over all profitability of banks How much thousands of crores were written off since 2002 , where the money is coming from for that purpose HOW MUCH WAS THE PROFIT TRANSFERRED TO THE EXCHEQUER DENYING WAGE REVISION TO THE EMPLOYEES/PENSION UPDATION. Why deliberately keeping the interest at low levels in the name of saving the economy when the corporate profits are improving every quarter. Th e depositors are paid peanut interest when food inflation is touching 16%. Actually money erosion in bank deposits . A stage has come pensioners can not even have normal living.
100% neutralisation to pre 01.11.2002 pensioners also was not obtained when the same was made available to the existing staff at tha t time during the last wage revision. Even the basic fixation from 1616 to 1684 cpi level was fixed with moneteary effect from 01.11.2005 It was a painful shock to the senior bankers who retired who expected that the union will take care of them. Union whether it is clerical or officer enjoyed mutual confidence under the period of stalwarts during 1970s and 1980. Entire country looked those leaders for guidance or direction. The moment we smelt that government is doing a better job in pay matters we should have asked them to appoint a pillai committee like committee to go into the pay structure of officers in particular. Terms of reference also should be made for pension updation as applicable to government employees/ When they compared us in 1979 and standardised wages terming equal pay for equal work. Why we are not forcing them to do the same type of matching now. Whether we became inferior or they become superior. OR whether our risks and responsibilities gone down or their risks were suddenly gone up. Bank officers are forced to accept 13000 pm less as starting level salary. Whether leased quarters are there or not HRA 10,9,8 % is totally ridiculous. How the clerical staff can have that meager HRA for compensating at least part of their rental income
. OWN HOUSE SELF OCCUPIED OFFICERS WAGES GOT ERODED. NO VISION WAS SHOWN IN OFFICERS INCREMENT PATTERN EVEN A 500 RUPEE INCREASE AT THESTARTING LEVEL BECAME A DREAM./COST FACTOR.IN CENTRAL GOVERNMENT THERE IS HUGE ELEMENT OF GRADE PAY WHICH CAN PROTECT THEIR STARTING SALARY. NO SUCH GRADE PAY WAS THERE FOR BANK STAFF. THEN IT SHOULD HAVE BEEN COMPENSATED ATLEAST PARTIALLY IN THE INCREMENT PATTERN ATLEAST. NOBODY UNDERSTANDS THE BASIS. ONLY FRUSTRATION REMAINS FROM SCALE I TO SCALE VII WHICH IS GOING TO DEGRADE THE BANKING INDUSTRY . ALL ARE GOING TO SEE WITH OUR OWN EYES. PRESENT IBA TEAM/LEADRS/BABUS IN MOF ARE SQUARELY TO TAKE RESPONSIBILITY AND EXPALAIN THE FACT TO PM/FM AT A LATER DATE. As a scale III retired senior manager I am drawing a meager pension of 12300 without even 100% neutralisation not to speak of updation .Even UDC S of the government are drawing much more pension than this. WHEN NEARLY TWO CRORES OF CENTRAL STATE PUBLIC/QUASI GOVT EMPLOYEES GOT MORE THAN 40 TO 60% INCREASE AND PENSIONERS GOT AUTOMATIC UPDATION/FULL NEUTRALISATION OF DA WHY THIS S TEPMOTRHER TREATMENT ONLY TO EIGHT LAKHS BANKMEN AND PENSIONERS. All leaders can think even for an hour the salary levels proposed and the role that officers and clerks are playing and the hardship the pensioners are facing. Please do something positively. Talk directly to the ministry if IBA is unable to decide.
When another option is pending since 1997 why aiboc or ufbu has not taken any sincere efforts to save 2.6. lakhs employees .
PAST IS PAST MAKE ARRANGEMENTS TO SIGN THE SETTLEMENT IMMEDIATELY AND TAKE UP ALL THE PARITY ISSUE ONE BY ONE. BRING TOTAL PARITY IN THE MATTER OF SERVICE CONDITIONS AND PENSIONS LIKE PENSION UPDATION ETC ATLEAST FROM 01.11.2012 SO THAT WE CAN OURSELVES EQUATE TO GOVERNMENT OFFICERS WHO WERE EQUATED WITH US DURING 1979. LET THEM DO JUSTICE.TO THE BANKING INDUSTRY WHICH IS THE BACKBONE OF THE INDIAN ECONOLY. DON’T MAKE THE EMPLOYEES TO FELL INTO PSYCHOLOGICAL WAGE SICKNESS.
RISE TO THE OCCASION. PROPER FEED BACK TO PROPER PERSONS IS NECESSARY THEN ONLY JUSTICE WILL BE DONE.
LONG LIVE IBA AND ITS TEAM. FOR BURYING EIGHT LAKHS BANK EMPLOYEES AND PENSIONERS ALIVE .
K BALASUBRAMANIAN
Shri Naddaf
If Govt has to decide every thing. What is your role. Are you a GOVT. spokesmen. If you can not do any thing, why are you signing the BPS and getting brickbat. Not ashamed. When bank can implement new pension scheme unilaterally, let them revise the salary unilaterally. atleast you will have a face to show to the members. Why you submit the charter of demand. First you should ask the govt. and then put up a charter accordingly. Entire bankers fraternity is ashamed of your leadership. If you have any gut donot sign the settlement. anil kumar
UFBU has agreed for an HRA of 8.5% for Area I, 7.5% for area II and etc., A Senior Manager working in chennai and will draw a revised basic of Rs.32400/- and will draw a HRA of Rs.2,754/- per month. Even IBA knows it clearly that a single bedroom with attached bath room occupied for second establishment of officers when away from home on transfers are not available in Chennai.
Both IBA and UFBU are aware that as per 6th pay commission, HRA at 30% is paid to Government employees and even if calculated at 30% for a basic pay of Rs.32400/- it works out to 9700/- and can think of a two bed room accommodation in suburban chennai and not proper Chennai City.
Do we require UFBU any more?
Let us all demand setting up of Bank pay commission. Otherwise the 10th BPS due on 1.11.2012 will not be settled even after 2020.
Referring to Sri K Balan-April 11, 2010 5:52 AM
In my opinion, comparing our wage structure with employees of central Government is not in order.Here both giver and taker are different parties.So we can not compare with uncomparables. If we compare our salary with employees of RBI, SBI, LIC, Insurance companies etc, then it will be correct.
Still your point that
"PAST IS PAST MAKE ARRANGEMENTS TO SIGN THE SETTLEMENT IMMEDIATELY AND TAKE UP ALL THE PARITY ISSUE ONE BY ONE. BRING TOTAL PARITY IN THE MATTER OF SERVICE CONDITIONS AND PENSIONS LIKE PENSION UPDATION ETC ATLEAST FROM 01.11.2012"
is worth considering by all related parties.I have pointed out to unions on several occations that demanding 50 % and signing 10-15 % shows lack of knowledge. Both demands and settlements should be reasonable and employees should feel proud of the settlement.Just like bargaining in the market when only rotten vegetables are left out is not correct.
Let us hope for good bargaining in future atleast.
UFBU is aware of all the discrepancies in HRA etc much better than us. But they have compromised for everything and falling in line with IBA/GOI for obvious reasons. If password is compromised what will happen in the Bank similarly they have compromised to IBA hence the result is as per AIBOC cir No: 43. Compromised leadership cannot get better deal for members than what we have received.
Referring Chandan-April 10, 2010 10:25 PM
All these days I controlled myself from writing one point which everybody might have observed or felt. That is the honour of bank employees and officers were made to erode by few politicians, who were jelous about this white collar jobs and respect bank employees were getting.And because of multiple unions and followers of politicians at the top level in banking industry, they succeeded.
Who are to be blamed? Is there any medecine for jelousy? No.If you are a performing officer, your own collegues become jelous and try to tarnish your image, without your knowledge. What to do? Is there any solution? That is why we are a failure.
ALERT...
UFBU and IBA have activated few AGENTS to neutralize the reaction among the members against them...
So BEWARE OF DOGS...
What the SBI people are going to get,and what about the LIC wage settlement...can any one eleborate...
My sincere advise to all officers in Bank is this that whatever so is agreed by Union, we must accept with great salute to Unions. As, we have elected them with our valuable vote keeping their capabilites in mind. cast your vote judiciously next time. Take example of delhi circle. Are we going in right direction.
next is this, that we may put pressure on individual bank management to enhance the payout those are beyond the IBA purview and non taxable.
Banks pay corporate tax @35% if the bank expense more by 1000 crores, after tax burden it will be 650 crores actual burden.
All of us to think the way out for this.
Save the unnecessary expenses in the Bank to improve profibality. Union must prepare list of wasteful expenditure, which may be avoided. Their is a large scope still for improvement. After 10th bipertite, we will have better pay than central government employees from 2012 to 2018.
Referring MUKESH KUMAR AGARWAL 11, 2010 1:00 PM:
"Their is a large scope still for improvement. After 10th bipertite, we will have better pay than central government employees from 2012 to 2018."
Always there is a scope to improve in each and every field as long as the human race exists. We read this in various books written by great personalities. So nothing is new in it.Please note there is a large scope still for improvement in CPC for GOI employees.
Observing your vision on 10th BPS comparing GOI employees, I invite you to explain the definition of ENTRY LEVEL BASIC of GOI employees those joined/promoted after Dt: 01/01/2006, along with arriving formula of this ENTRY PAY. Request to analyse the fitments/improvement in pay scales of GOI those who are in service/promoted prior to Dt:01/01/2006 and those who join/promoted in service after Dt:01/01/2006 .If you can do this then only I will be able to accept you as a knowledgeable person on these comparing subjects between us and GOI for future days and your consolation to us may be accepted by us to some extend.
Expecting an early response.
Thanks.
As in every Sector like Central Govt., State Govt., quasi Govt. and PSU except banking and insurance HRA rate is 30%. Why Unions are not demanding 30% HRA for banking sector from out of 17.5% settlement. We request the union to ask the IBA/Govt. for 30% HRA out of settlement of 17.5%. Why they are setteling for 8.5% and 10% HRA.
From: PS
Referring sweet 11, 2010 7:39 PM:
Please go through the following lines of this headlines.
------------------------------------------------------------------------------------------------
In case of Central Government employees, they will first arrive at the proposed revised scales and allowances and there is no restriction as regards cost of wage bill. The entire cost will be debited to the National Ex-chequer of the Government of India.
In the case of Bank employees, Government of India first fixes the limit for percentage increase and distribution of the increased load among various components of salary and allowances, is the responsibility of IBA and Unions/Associations.
---------------------------------------------------------------------------------------------------------
So if HRA will be increased, then it will be at the cost of Basic and DA neutralisation factor.
Hope you can understand.
Thanks.
What ever may be the AIBOC's explanation. One should understand that PF, Gratuity, are statutory requirements, and UFBU and IBA cannot club them with that of wage revision. What is the memorandum submitted by UFBU to IBA and what is the outcome. Com G.D. Nadaf in the AIBOC website has published about the pathetic condition of Bank officers and the attitude of the Government and IBA towards bank employees in total. What is the purpose of introduction of PIllai committee recommendations and why parity is not maintained with similar jobs all over the country. We have witnessed 100's of banks failing one after the other in the US but not a single bank is down in India during the recession. But the condition will worsen in future and bank's cannot expect good skill set for the wages offered.
Let us come to the point of HRA, How and why HRA to employees and why it varies from place to place. It is a support to the employee for him and his family to live and such living expense reimbursement cannot be 10 to 20% of what is paid in real terms. Bapu's in the banking industry in the foot prints of the UFBU leaders don't try to justify. Fact is a fact. Where is 30% when compared with 8.5%.
I wish to reproduce a representation by AIBOC a few days ago
A NOTE ON SALARY PACKAGE OF BANK OFFICERS
(Submitted to the Finance Secretary, Government of India for Consideration)
We furnish below the Performance indicators of Public Sector Banks, as on date of last salary revision (2002). due date of salary revision (2007) and present (2009)
( Rs.in Crs.)
2002 2007 % increase 2009 % %
increase
Deposits 9,68,749 19,94,199 105.80 31,12,748 221.31
Advances 4,80,680 14,40,146 199.60 22.60,155 370.19
Total Business 14,49,429 34,34,345 136.94 53,12.903 270.69
Net Profit 8,302 20,398 145.69 34,319 313-38
Business/
Employees 1.92 7 .55 290.22 11.37 492.18
You will please observe that in all parameters be it business, profitability or productivity the Banks have performed exceeding well.
* Prior to 1979, Bank Officers salary was batter than that of the Group 'A' officers of Govt. of India. Class I officers Basic Pay was at Rs. 450/- per month where as Bank Officers Basic Pay was at Rs. 500/- per month with a difference of Rs.50/- per month-
Hence, we pray for Pay Scales at par with Group 'A' officers in Government in India and
HRA@ 30%.
to continue
Continued: A NOTE ON SALARY PACKAGE OF BANK OFFICERS (Submitted to the Finance Secretary, Government of India for Consideration)
• As on 1-1-2006. as per 6th Pay Commission Recommendations, Govt. officers. Basic Pay is fixed at Rs. 15,600/- with Grade Pay of Rs. 5,400/- totaling Rs. 21,.000/- The HRA for Govt. Officer was retained at 30% of Basic Pay whereas for Bank officers, it is at maximum 8.5% of Basic Pay.
;
* With present offer of 17.5% wage increase for Bank Staff, w.e.f.. 1-11-2007. Bank officers scales would at best be at Rs. 14,000/- per month as against pay scale of class I officers at Rs. 21,000/- (includes grade pay) thus further widening of the gap by Rs. 7,000/- per month in Basic Pay between Govt. and Bank officers
* Out of 17.5% wage increase offered by the IBA, Rs. 1,800/- crores will go towards 2nd option of Pension and incremental cost on Pension and remaining amount is not sufficient to construct scales of Bank officers above Rs. 14,000/- per month.
* Even in next wage revision for Banks. due from 1-11-2012 the gap between Govt. and Bank officers may not be wiped out.
* A minimum salary increase of 30% to 40% is ensured to .Public Sector undertakings, UGC Staff etc. In tune with 6th Pay Commission Recommendations.
* In SBI, Superannuation Scheme will not ensure 50% of last drawn Basic Pay as pension. Commutation formula is also inferior. Those retired before 31-10-2002, are drawing Pension, based on' 1992 scales..
* The Gratuity ceiling of Rs. 3.5 lacs is not enhanced for Bank employees w.e.f.
1-1-2006.
* Bank officers have unlimited working hours with accountability sword hanging on the head even after retirement. As against 5 day working in Govt. Bank staff virtually works all 7 days with no compensation, undergo greater transferability and accountability.
* Bank officers are expected to match performance with professional in private sector. and they do, but are paid below municipal employees.
THAT BANK EMPLOYEES ARE IN A HIGH WAGE ISLAND IS THE GREATEST MYTH
I
Today a General Manager of Bank draws emoluments less than a Section Officer of the Government of India;
A Probationary Officer of Bank draws less than a Clerk in Government and
A Bank Clerk draws less than a Peon in Government.
Hence, we pray for Pay Scales at par with Group 'A' officers in Government in India and
HRA@ 30%.
I
Referring workplace bullying 11, 2010 9:21 PM:
Placing a 40% demand on wage load and settle at 1/3 of it becomes a regular phenomena on the part of UFBU since its inception from the days of Seventh BPS.
Writing a letter here there to this that secretary etc is nothing, but a subject of time pass and fun on the part of our unions.
On 17.5% or 20% load how is it possible to achieve HRA 30% ? So we should be realistic and must accept that present leaders are the worst for all times in our industry.
Thanks.
Dear AIBOC Leaders,
Why the Banks/ GOI is not in aposition to pay jusfified wages to permanent officers. You are fighting for a negligibe increase of 17.50% to officers. As per revised salary structure, a probationary officer will get Rs.3.00 lacs approx (all inclusive) while the Management Trainees (MTs recruited by SBI and some other banks) taken from from some third class management colleges (through backdoor in the name of campus placement and not through open competion like PO ) are being paid around Rs.6.00 lacs per annum for same job. Some of them are not even MBA but only 1 year diploma holders from NIBM.
Who is responsible for this anomely. Have AIBOC raised this issue to the IBA/ GOI. Top management is obliging its near and dear ones by recruiting their relatives in the management trainees and association is silent on the issue. I doubt that union people must be also getting some benefit from this back door entry. Other wise why are they silent on this issue.
The annual increament for these so called MTs is around Rs.1.00 lacs p.a. and the responsibilities assigned to them is just like scale-II officers (credit analysts in CPCs) . They are also free from all type of mandatory assignments.
When the Banks have no money for their regular officers, how are they managing to these guys higher than an existing AGM ?
Don't pay LEVY.
We can do at least this for better 10th settlement.
SPREAD THIS MESSAGE:
-------------------------------------------------
Shame on our salary revision. For central govt employee the wage revision is at 40% with lot of other benefit, for PSUs the revision range from 60% to 90%, for UGC teaching professional the revision is at 60% & even in many state govt the revision is more than 50% ** BUT PSUs BANKS revision is at 17.5% ** please ask yourself do you work less than others\do your organisation is not making enough profit\are you working at a very comfortable work environment without risk & responsibility ??? if your answer is no ??? then you deserve a respectable wage hike.{let us make it a mass movement} Please circulate to all colleagues{send SMS to a minimum 15 colleagues} so that message will reach to its destination.
------------------------------------------------------------------------------------------------------------
Exact lines that I received yesterday from one of my colleague through SMS.
Thanks.
Referring to Chandan-April 14, 2010,8:51 AM
This type of messages at this juncture will not help in anyway except delaying signing of 9 th BPS further.It is of no use now.
FLASH NEWS:
-----------------------------
1) SIGNING OF BPS ON DT: 25/04/2010 INSTEAD OF TOMORROW.
2)EXISTING EMPLOYEE WITH PENSION OPTION IS TO CONTRIBUTE 1.16% OF BASIC FROM SALARY TO PENSION FUND DURING NINTH BPS.
3) RETIRE PF OPTEE IS TO REFUND 156% OF MANAGEMENT CONTRIBUTION TO A MAXIMUM EXTENT.
N.B.- POINT 2 & 3 NOT APPLICABLE TO SBI.
SOURCE: UNION CIRCLE. VERIFICATION SOUGHT FROM MEMBERS.
Thanks.
Comrade Nadaf,
The 9th bipartite settlement signed by you alongwith the other signatories shows your incompetancy in negotiating with the IBA officials. It is far from what you people have been speaking for the last more than three years. It is a complete sell off and betrays the faith of the staff both clerical and supervising. How can you explain / justify the settlement with regard to PF optees retired between 1.11.2007 and 27.04.2010? One can understand the logic behind payment of 156% of the PF received by employees retired in the year 2000 (because he has enjoyed the funds for 7 years and 56% represents the normal interest at 8% p.a. that whould have accrued on the PF) but it is illogical to force the pf optees retired between 01.11.2007 and 27.04.2010 to return 156% of the PF received by them on retirement besides foregoing the pension for the period from the date of retirement till October'2009? Can you clarify / justify your stand in this regard?
S.K. Khanna
Email: sk.khanna999@gmail.com
Amal- The betrayal by the Unions is obvious and any amount of argument cannot satisfy the members. I am yet to find one soul who is agreeing with the settlement even with reasonable understanding.
How can any one tolerate a situation where a clerk of a bank draws less than the peon of the most non-profitable PSU or government?
How can a senior executive of a profitable bank be allowed to draw much less than the perennially loss making PSU company.
How can you tolerate a retired senior executive of a bank at the age of 80+ being pushed to a life less than a class Iv personnel in government?
On top of this, If IBA is not accountable for public on what they do, we should discard the IBA and also the Form newer forward looking unions. And ye seniors in the banking, hang your head in shame for not actively participating in strikes, thinking that you are proud of the management with out knowing you yourself are being dumped.
Finally, why should the bank management deny the employees their legitimate salary. Is it not shameful for themselves to make profit by sucking the blood of employees. What kind of HR is that they learnt.
EVERY one EVERY one is frustrated. Let us pull down the bank though bad service,and if possible, launch different union and venture for strike and force a fresh negotiation to keep the motivate us
Some corrections should be made in 9 th BPS by IBA at own. Such as starting Grade Pay (Basic pay for all purposes) to all employees immediately from 01.04.2012 over & above present pay structure. For Ex. Rs 625.00 for Substaff; Rs 1250.00 for Clerks & Rs 2500.00 to Scale-I officers by adding Rs 2500.00 to each scale till Scale-VII. Secondly 10% of basic pay be paid to all officers who are heading Branch/Dept/Office and exercising powers related to Credit/Investment.
Post a Comment