Bank wage revision talks (under 10th Bi partite settlements ) is scheduled to be held on 14th March at Mumbai between Bank unions (UFBU) and Indian Banks Association (IBA) on 14th March 2014 at Mumbai.
Primarily negotiation will focus on increase in percentage of wages of employees by IBA along with pension and medical benefits.
Information courtesy : Mr Mohan P.
8 comments :
it does not create any sense of good news,another scene of pre exercised drama.
absolutely
Yes. It is hide and see play between IBA and Unions. During the previous Bipartities, the same drama was staged.
Banking is barometer for the economy but our FM is more interested in FIIS and stock market operations. If the banking sector is neglected, the results will be disastrous. The growing NPAs is one symbol for that(Poor quality of assets)
Settlement will be appx 14%
UFBU AND IBA did this drama last time also.I personally feel that if 5 day week is implemented then we can settle for lesser wage.
By seeing these all we may come to conclusion is "drama can be do without make up.. why can't be take quick decision, or else can't be do indefinite strike for last week of this month.
In Today's ( 14-03-2014 ) meeting with IBA , Pension related issues and improvements in some of the other service conditions as per our charter of demands have been discussed. The response of the management is positive. The next round of meeting will be held in the middle of April
Post a Comment