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Wage Revision : 11th Bipartite Settlement :

Bank Wage Revision: Not on Right Way?

By:  Ekta , Place:  New Delhi ,  Update:18 Mar 2018

Bank Employees 11th Wage Revision which was due from 01.11.2017 is not on right way. The employees are in high stress. In banks bank employees are devoting forty percent time in non-banking work like Insurance Product Sales, Gold Bond Selling, Aadhar Enrollment, Gold Coins Selling, Atal Pension Yojna Enrollment, Swasthya Bima Sales etc. The target of non-banking products are in priority than banking work.

Bank Employees 11th Wage Revision which was due from 01.11.2017 is not on right way. The employees are in high stress. In banks bank employees are devoting forty percent time in non-banking work like Insurance Product Sales, Gold Bond Selling, Aadhar Enrollment, Gold Coins Selling, Atal Pension Yojna Enrollment, Swasthya Bima Sales etc. The target of non-banking products are in priority than banking work.

 

USE and THROW Policy Ignored Bank Employees

The banks reach is at every family of the country, so govt utilized the bankers for govt policy implementation including Jan Dhan Yojna to aadhar seeding. And govts new scheme Health Insurance is also hanging on solders of bank employees. Many times the Govt has praised the contribution of bank employee’s in govt policy implementation, but not taking care of their pending salary revision.

UFBU urged Govt for postponed negotiations soon

United Forum of Bank Unions (UFBU) comprises of All India Bank Employees Association, (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Congress (INBEC), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO). UFBU in a letter to IBA, Mumbai Chief Executive V G Kannan, said ”We look forward to hearing from you about the revised date for the next round of negotiations.”The IBA had deferred its February 21, 2018 meeting with UFBU for negotiation of salary hike due to the PNB fraud. The wage revision was due in November 2017.

A senior retired banker said that on the name of PNB fraud salary revision of total banking industry deferment is unfortunate. The govt have to finalized at earliest.

The UFBU has also written a letter to IBA chairman to negotiation new date.  

Click to View UFBU letter to IBA Mar 2018 

 
 
 
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