IBA has proposed to introduce Cost to company concept for bank employees,during wage revision talks(10th BPS) held on 22nd April at Mumbai.Details are furnished hereunder:
UFBU CIRCULAR NO. 7 dated 22-4-2013:
A round of discussion was held today in Mumbai between IBA and UFBU on our charter of demands for revision of wages and service conditions. The IBA was represented by the negotiating team headed by Mr. T M Bhasin (CMD Indian Bank and Senior Vice President, IBA). UFBU was represented by the constituent unions. NOBW could not be present due to their pre-fixed agitational programme in Delhi.
During this meeting, IBA provided the detailed data relating to establishment expenses of the banks as on March 31st 2012, which will be taken as the basis for calculations in the ensuing wage revision exercise. According to the data, the total establishment expenditure/wage bill of the public sector banks as on 31-03-2012 comes to Rs.56,292 crores for workmen and officers put together.
The IBA also submitted the following Management issues for discussions by UFBU.
Officers:
1. Introduction of Cost to Company.
2. Introduction of Performance linked Variable Pay.
3. Restrictions on applicability for wage revision.
Workmen:
1. Introduction of Cost to Company.
2. Introduction of Performance linked Variable Pay.
3. Deployment of Staff by invoking Para 536 of Sastri Award and superseding the provisions of 8th BPS.
4. Rationalisation of special pay posts.
5. Departmental action to continue after retirement.
6. Premature retirement of workmen employees in public interest after 55 years of age or 30 years of service.
7. Simultaneous disciplinary action under departmental enquiry as well as judicial proceedings.
IBA further stated that they would make their presentations on these issues in the next meeting. They also informed that the next round of discussions would be held by the middle of May 2013.
Comrades, while we have come to the IBA for wage revision, it is clear that they are trying to foist anti-employee, anti-officer propositions. It appears that wage revision will be a challenging task before us. Hence our unity and vigilance are very important when we proceed with our charter of demands.
From the UFBU we insisted on the IBA that the long pending issue of compassionate ground appointment scheme should be resolved on a priority basis. We also brought to their notice the problems faced by employees and officers on account of introduction of Grid-based clearing system by the RBI and urged for solution so that the issue does not become a dispute.
Contributed by Mr Mohan P.
8 comments :
Good,CTC is in the interest of all the employees till now revision was effective for BP and salary constituents only,the revised %age was also not equally equated across the cross section of the employees.And later the supervisory cadre kept on getting the add ons in various forms over and above the revised pay scales,always posing as a scapegoat,and always cribing after devouring all the extra add ons.
IT WILL BE DIFFICULT FOR UNION LEADERS TO CONSIDER STRONG VIEWPOINTS OF PROFESSIONALS OF IBA ON CTC ISSUE..IT WOULD BE PRUDENT TO APPOINT PROFESSIONAL CONSULTANTS TO UNDERSTAND AND PUTFORTH EMPLOYEES / OFFICERS CASE BEFORE IBA..IN ANY CASE, UNIONS COLLECT HEAVY SUM AS LEVY..IT IS HIHG TIME THE MOUNT COLLECTED IS UTILISED TO FIGHT IBA PROFESSIONALLY..JAIMMY
Nationalized Banks has became a place for non performer that is once you are in the bank you just do politics and union baji and no work....I'm a strong supporter of CTC and performance based variable pay...because if you perform you will get better pay else .... off....if you want to compare the salaries with private Banks you need to maintain professionalism as private bank...decoram of professionalism should be maintained....GO FOR CTC AND VARIABLE PAY...
first of all WHY IBA SHOULD COME FOR SALARY NEGOTIATION.WHETHER GOVT BANKS ARE NOT GOVT.WHY GOVT IS NOT COMING DIRECTLY TO NEGOTIATION AS THEY ARE FOR OTHER CENTRAL GOVT EMPLOYEE.6TH PAY COMMISSION APPLICABLE TO CENTRAL GOVT EMPLOYEE,PSU HAS REVISED THEIR SALARY ENORMOUSLY, THEN WHY NOT THESE PROFIT MAKING SERVICE SECTORS
What do you all think will decide your performance? BM, RM, DGM etc.. your superiors??? it will result in Boss oriented culture and the politics will turn into unlawful and bloddy battlefield. the most cunning and shameless will progress and the one pouring their time and enery will be squashed.
CTC MAY NOT BE ACCEPTABLE FOR RURAL AND SEMI URBAN BRANCHES WITH LOW POPULATION AND NON AVAILABILTY OF PROFITABLE BUSINESS BECAUSE DUE TO THE WORKLOAD OF FINANCIAL INCLUSION AND MGNREGA AND NOW THE CASH SUBSIDY SCHEME ,HOW THE PSU BANKS WILL CONCENTRATE ON GOOD VALUABLE CUSTOMERS AND INSPITE OF WORKING MORE THAN TEN HOURS IN OFFICE THEIR PERFORMANCE WILL BE POOR.
workers of nationalise banks work hard for all day & get very less salary. If they donot work how banks post hundred of crores of profit. donot compare their work with private bank because they open accounts of only financially sound people go & see how they treat poor people who want to open a/c in their bank they straight way say go & open your a/c in any nationalised bank not here. This is their professionalism. Bank counter ke bahar khade ho ke chillana asan he kabhi counter ke piche baithe worker ki jagah a ke deko.
We get 5 days a week working atleast now?
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