Wednesday, October 28, 2009

LATEST ON WAGE REVISION

Updation As on 23/10/2009 :
Bank staff and officers are keenly awaiting for progress on wage revision front. All bankers are anxious and restive. However, there is no progress and it appears that deadlock is continuing.
It has been learnt that UFBU has talked to the IBA Chairman and asked for fixing up the date for the next round of talks as no discussions since 24-9-2009. However, IBA seems to have informed that there is no change in the stand of the IBA/Government on various issues viz new pension scheme, costing of pension cost, sharing of deficit in Pension Fund during the next wage revision, etc.
UFBU has been requesting IBA and Government to sort out these various expedite the settlement. UFBU has been requesting IBA Chairman for fixing a date for next round of talks. However, IBA feels that unless some issues are sorted out, there will be no purpose except repeating the respective standpoint.
However, it has come to our knowledge that next round of talks may be held in the first week of November, 2009, as all union representatives have been advised not to have any other engagements or meetings during that period. In case any date is proposed by IBA, then UFBU may be meeting to draw its strategies, before the Talks with IBA. In the meantime, BEFI has also advised its members are not to be swayed by any rumor.
Thus, we can say that as on date, the matter stands as it was on 24th September, ’09

4 comments:

  1. Everybody is highlighting the 2nd pension option which is being negotiated with IBA. Is there anyone in the association who is fighting / arguing for a 5day week in the banking industry? Leaders are not uttering a single word for the same and simply negotiating for 2nd pension opinion etc. It appears that our association is more concerned about the people who have retired and who is above to retire than those people who has to be in the banking industry for the coming years. Leaders ! let us live for today and don’t regret or fight for those people who has already left the banking industry.

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  2. dont forget that you will also retire one day

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  3. you are also bound to retire

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  4. Bank employees want upward
    revision in their wages and
    benefits, good, very good,
    IBA and the Govt must agree
    to their reasonable demands
    at the earliest possible but
    Bank Employees must also
    reaslie that they should be
    very-very courtious to
    custmers, often they are
    not even at time behave
    rudely with the customers.

    they sould be courtious

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