The circular detailing the bipartite negotiation held on 03.03.2014 is reproduced below for the bank employees. The circular of National Union of Bank employees has been mailed to us by Mr Sankaran Srinivasan.
"Circular No.2/2014 Date: 03.03.2014
Yours Comradely,
"Circular No.2/2014 Date: 03.03.2014
,
10TH BIPARTITE DISCUSSIONS
MEETING OF IBA WITH
ELEVEN (11)
NEGOTIATING UNIONS ON 03/03/2014
IBA’s ADAMANT
ATTITTUDE CONTINUES
NO IMPROVEMENTS
IN TODAY’S TALKS
Dear Comrades,
IBA's Negotiating Committee headed by Shri.T.M.Bhasin met the Eleven (11)
negotiating unions on 03-03-2014 at IBA office in Mumbai.
From the NUBE, the undersigned participated.
In the wake of the of the Union Cabinet recently raising dearness allowance to 100% from 90%, DA/DR at
the rate of 100 per cent of the basic with effect from January 1, 2014, benefiting
50 lac Government employees and 30 lac
pensioners which has combined impact on exchequer of Rs 11,074.80 crore every year and further clearance
for merger of 50% DA with basic pay by
approving it among the terms of reference of the 7th Pay Commission, Bank
Employees were rightly and justifiably
expecting similar overtures
from the Government , especially
announcement of adequate improvements in the present offer in the 10th
bipartite ongoing negotiations.
Belying the expectations of over 10 lac bank employees IBA said
they will reply after meeting the Finance Ministry on 5th March 2014
to our core issue of adequate improvements and justifiable hike in wage load.
The Chairman stated that there was unanimous decision amongst CMD’s and
Committee members of IBA that Banks are not in a position to even give 10% wage
rise in pay slip components. To this the
undersigned sought clarification with regard to “volte-face” in IBA’s stand as
confirmed through reliable sources that the IBA offered further 0.5% increase over above 10% in payslips during the conciliations with the Unions
before the CLC.
We further categorically stated that never in the annals of the bipartite
negotiations with the Undersigned being the signatory to 5 consecutive
Bipartite settlements so far, has not experienced this sort of attitude from
IBA. To put in nutshell, IBA has set the clock backwards which in essence is
retrograde. IBA replied that under the circumstances that when all Banks
are struggling hard to keep their respective balance sheet upright and is constrained that it cannot offer anything
over and above of the present offer of 10% increase in payslip components.
Unions also raised other issues like 5 day’s banking , ( which
was rejected by Government and IBA in
the earlier meetings ) regulated working hours for officers , improvements in pension related issues including switch over from NPS to old pension
scheme ,housing and hospitalization, etc.
IBA once again informed that these matters will be discussed in their
core committee and thereafter hold negotiations within 10 days. However, the issue of companionate
appointments IBA indicated positive view of the Government.
NUBE has made it clear that the inordinate delay in finding
mutually agreeable increase in wage hike
has caused simmering discontent and dissatisfaction among 10 lac bank employees. Any further delay will transgress their
limits of endurance and will have deleterious effect in their motivation levels
and compel them to direct actions and consequent industrial unrest and urged
the IBA to consider adequate increase in the offer in a time frame and at the
earliest.
Comrades, should the stalemate continue, once again we remind
you that the future at hand may soon loom red before us and we must brace
ourselves to cope up with the trails and problems of 10th bipartite negotiations
demanding justifiable increase in wage with our assurance of our ever growing
strength and unity. We should do as union of good will. We should do with bold
heart and good conscience. Get organized and be prepared for continuous and arduous
struggles ahead.
With Revolutionary Greetings,
Yours Comradely,
L.BALASUBRAMANIAN
GENERAL
SECRETARY"
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