New Leadership
by rajesh sharma on 2009-11-21 11:49:13.257559+05:30 UFBU leaders will get the benefit of personally themself by option of pension. They are bent upon for pension option for retired employee. The cost of pension has to be borne by current employee not by goverment. Therefore any body who is supporting and participating the call of union leaders, they will be supporting against wage revision. Therefore we boycott strike call on 16 Dec 2009, and we will not participate in strike.
Rajesh
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9th Bipartite settlement in Banks-
by krishna on 2009-11-20 21:42:46.539772+05:30 Individuals can comment. But it must be remembered that only collective bargaining under trade union leadership will finally help.
Krishna, 20/11/2009
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1 wage revision / pension
by ksrs on 2009-11-21 10:43:43.769106+05:30We do agree. But when the trade union leadership is ineffective, an alternate set of leaders, who take into cognisance the real concern of employhees should emerge.
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appeal to all YOUNG BANKERS not to go for strike on 16th december
by Sayan Sil on 2009-11-20 07:40:55.380343+05:30 friends, the strike called on 16th is really a worthless. It is not related to the burning problem of wage revision which is totally ignored. Even we realy puzzled that no single word is utterd by the great UFBU against it. I am agree with Mr. R J Shrivastave that we must kick them off and young bankers should grab the leading post. We all should send our protest to ufbu in the form of mail or email. Lets come togather and be unit against their jokary in the name of wage revision.
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Bank employees 2nd pension option @wage revision
by Manoharan K V on 2009-11-19 20:48:47.404814+05:30 This has reference to all the openion I come across regarding the above matter.The union is incopetant and they want to safeguard their interest.for that they take the poor employees to nut.As far as wage revision is concerned it is high time for the employees to obey useless union leaders call for strike and listening to thier mimicry in various union gatherings.India is a welfare state and it is the formost duty of the state to lookafter its citizen.As fas as bankmen is concerned,a few people opted for pension and others for PF due to then int rate.Now they are requesting for a 2nd option which is justiable and humane.The govt has given liberal pension and salary hike to its employees in all sectors which is unimaginable.There the govt has no problem of load bearing,all being looked after by budgetery provision.They can increase any amount to its members by way of salary and pension.Even you are 60 or above,complete 5 yrs as MP,MLA you get full pension .Bankmen are put in a mockery.
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KICK OFF THE UNIONS / ASSOCIATIONS
by R.G.Srivastava on 2009-11-19 20:43:12.080372+05:30 Why we go on strike on 16.12.09 against mergers & consolidations.Consolidation is very important for Indian PSBs because our PSBs is having very lettle presence in the World as our capital is too low.To creat the big bank with internation presence is good for our Indian banks , is good for our bank staff and is also good for our country.Only the leaders are opposing it for their MATHAADEESHII in the organigation because they think once the merger done their Gundagardi,mathaadeeshii & Fool banane ki Dookan will close and they are on the road.So don;t go for strike on 16.12.2009 for praposed agenda.Only fight for our wage revision.Young Bankers Association (YBA) Zindabad.If We will Unite We will definately kisk off the leaders and clinch the wage hike from the Govt Of India.Try to unite in one banner of YBA.
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WAGE REVISION OF BANK EMPLOYEES-APPEAL
by Ram Prashad Bishnoi on 2009-11-19 12:28:06.041132+05:30 I APPEAL TO BANK EMPLOYEES-OFFICERS TO BYCOTT ALL BANK UNIONS/UFBU/ALL ITS WORTHLESS LEADERS AS THEY COULD NOT BRING ABOUT A WAGE SETTLEMENT TILL DATE. THEY ARE NOT ONLY MISGUIDING THE MEMBERSHIP BUT ARE ALSO REMAINING SILENT OVER THE MATTER. REMEMBER THEY ARE THERE FOR THEIR GAINS.
SUPPORT GOVERNMENT OVER MERGERS, DEMAND STTING UP OF A COMMISSION TO FIX WAGES - THROW OUT THE LEADERS LET THEM WORK FOR THE BANK. THEY ARE NOT BOTHERED ABOUT THE EXISTING MEMBERSHIP WHO ARE FEEDING THEM FOR PAST SEVERAL YEARS BUT ARE WORRIED ABOUT THOSE WHO YET TO JOIN BY DEMANDING THAT NPS SHOULD BE BROUGHT IN WEF N0V 2012 AND NOT APRIL 2010. CAN ANY UFBU LEADER (so called) EXPLAIN THE LOGIC. THIS WILL ALSO DELAY FRESH RECRUITMENT AS NO BANK WOULD LIKE TO TAKE ADDITIONAL BURDEN OF EXISTING PENSION FOR NEW RECRUITS. IT IS HIGH TIME THAT WE SAY 'TO HELL WITH THE UNIONS AND THEIR LEADERS'
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1 Strike Call
by Rajesh Sharma on 2009-11-19 15:09:42.386644+05:30I agree with Ram Prashad Bisnoi, We all will not go for any strike unless respectfull wage settlement is done by our UFBU. Rs 3000/ Crores Burden for retired employee was discussed in last meeting. and IBA insisted for sharing the burden on formula for current employee i.e 30% burden should be shared by retire employee. UFBU did not agree, saying Pension will become unviable, where as they had agreed for current employee to share the burden of pension i.e Rs 1800/- Crores. UFBU leaders interes in only for retired employee. They are not allowing the settlement of wage revision unless they are paid full pension with out contribution. If members who participate in strike will amount to be against wage settlement
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banks wage revision
by mohit verma on 2009-11-19 08:43:15.122754+05:30 dear members do not go on strike on 16th dec 09 and come to your offices and sign your attendance register for duty.This clear messagae will be a significance for our nuter gender union leaders.Be brave from all the country otherwise you can not break up the monopoly of these worst and ugly union leaders and you will be much looser.
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Young Bankers to take over Old Shameless Leader of all Union /associations
by R.G.Srivastava on 2009-11-18 21:22:27.261437+05:30 The old shameless leaders of all the unions and associations of all the Govt banks are only playing with us.They don't bother about the wage revision .They only think about their pension option because most of the leaders are pension optees.At the time of pension or Pf options all the leaders missguied their members and advice them to opt PF.Now at present they feel their decesion was wrong so they mainly concertrate on the pension instead of healthy wage hike.Now the time has come for taking over the asscociation & union leadership by hook or crook.This wage revision is the last wage revision for all the leader who are sitting on the main post of the UFBU , AIBOC, AIBOA, NCBE and other unions & associations and on the verg of retirement they trying only for second pension option for their benefit only as they all are PF optee.All the young Emoployee of the banks will unit and warn to Govt & IBA don't gift IInd pension to old shameless leaders on the price of wage hike.
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Union leaders making us fool
by RAJDIWAN on 2009-11-18 17:35:01.854723+05:30 D/A
This leaders are making the bank staff as fools again.This so called leaders enjoying everything on our behalf.Any leader worked outside the zo/ro ?any rural transfer to this leaders?They are enjoying life with thier family ,poor officers trsfed to remote locations.Is they coming office on time?.Just following the leftist agenda in politics only they are doing.Its shame for us...Its not the era of hard core trade unionism...Understand the importance of urgent wage revision of employees rather than playing the card with retired and future employees...Dont call for any strike with out settling the Wage revsion.Why UFBU leaders so interested in SBI M&A when SBI Indore staff are happy to go with SBI.Lets we end this mafia rule of Bank union leaders.We dont want union for getting 15-17 % hike.Govt itself will take care of this.No use to affiliate with any leftist in this modern world.Lets pray for Bank pay commision by Govt.That will be better than peanuts from this union leaders.
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strike
by chetram atal on 2009-11-18 13:59:55.843057+05:30 aibea & aiboa union leaders call of strike every time to time but after strike not any solution for wage reviosion others our demands. ithik bank not murgers & one more pension option without harm for employees is good demands.but always strike not showing good result.why unnessories salay cut.
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UFBU Leaders
by Surendra on 2009-11-18 10:47:55.604257+05:30 Why we are becoming fool, before UFBU leaders, we all members ask UFBU leaders that when wage revision matter will resolve? We all togather ask UFBU leaders that why they are playing polotics with us.So DHARNA before UFBU leaders residance orginse and sitt their in night.
The strike againest merger will be fail and each employee/ officer support merger.
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how shameless is our UFBU leaders.
by sayan sil on 2009-11-17 21:15:34.512692+05:30 friends, we all bank workers are eagerly waiting for our so called wage revision for a long time... And our great Union leadars are now in the fieald for marger and aqusition of sbin with a call of strike on 16th december. They are not trying to give better salary instead a days salary will be deducted. I dont understand that inspite showing a mega flop of 1 day strike, they still grab it. It only add a pay cut day for employees and nothing else. Now we should raise the voice against our great leaders and there work culture.... There worthless speech is only thing that they have. nothing else.
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Wage Revision for Bankmen
by S A KRISHNAN on 2009-11-17 20:56:31.418276+05:30 All these so called paper tiger leaders belong to one nationalised bank which was till recently in the Iron Grip of a lady Chairperson. The condition of these leaders will have to be seen to be believed during her 3 1/2 year tenure. These fellows were not to be seen anywhere when she was literally using the hunter to hunt down every employee. Now these very leaders are giving an impression as though the present DA hike is because of them. They are again trying to rear their ugly head by trying to protect their corrupt chelas taking advantage of the lienient view of the present management. I have a strong feeling that as usual we will be getting only about 10 to 12% hike because if they were interested in striking a better deal then they would have done so in the beginning of this year when right from the sweeper on the street got a hefy hike. These fellows are more interested only in getting more levy from arrears because of which they are delaying the settlement.
KRISHNAN
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UFBU - STOP FOOLING THE BANK EMPLOYEES
by RAGHUNATH JAGIRDAR on 2009-11-16 20:10:21.811262+05:30 I want to know one thing. Whether these GREAT LEADERS of UFBU can stop mergers of Banks by striking work? The answer is a BIG BIG NO! Then, why are they fooling the Bank employees (both Officers and Workmen alike) by giving a strike call against merger, on 16th December. It has been proved umpteen times that the Government once if decides to do something, it will do it. This is all the more true because it need not depend on the crutches called the Left parties on whom it used to depend in the past. Of course, never has the left parties come to the rescue of Bank employees. Then whom are these great UFBU leaders trying to fool by giving the strike call. Instead of trying to settle the burning issue of WAGE SETTLEMENT/PENSION OPTION, these useless UFBU leaders are trying to divert attention of entire banking force. Now it is very clear. As long as this bunch of jokers called the UFBU exists, bankers need not expect any wage revision/second pension option. To hell with them.
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UFBU should realise membership feelings
by Tara Chand Sharma on 2009-11-16 11:42:22.370171+05:30 AIBEA & AIBOA given call of strike on 16 th Dec.09 as they had earlier given strike call on number of occassions against IPOs brought by PSU banks, what was the result of those strikes except wage cut in crores of rupees. this strike of 16th Dec.,2009 will bring the same result. It seems that leadership is not concern with the problems and benefits of the general membership, they are concern to make please the political parties. The behaviour and actions of UFBU give impression that the wage revision and pension issues are not that much important in comparision to full fill the political moto by pushing the membership in the strke which has no concern with long overdue wage revision and pension issue. The leadership should honour the feelings of membership and amend themselves.
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UNION LEADERS-PUPPETS WITH VESTED INTERESTS
by K.CHANDRA SEKHAR on 2009-11-15 22:08:06.047433+05:30 All the Bank Staff are at the mercy of IBA & MOF to get good wage hike, definitely not thru these Union Leaders, who are keen on their existence & survival.It was poved beyond doubt that Mr.Prakash Karat, Yetchuri Sitaram, so called giant leaders, never represented Bankers' wage hike in Parliament, even when they were in supreme position. All our Unions are affiliated to Left Parties only. Logically, the Bank Unions have lost their ground. Leaders' strength is only Members, but to our dismay, leaders are always Puppets in the hands of Management, as they have so many vested interests, which resulted in loss of bargaining power.The Irony is our Leaders are concerned about Pension for Employees who have joined in 2004, but not about who have putup 30 years of service and still existing in industry with hope. These Leades can never stop genuine developments, viz., Outsourcing, Mergers. Better accept them and Win 30% hike wage Revision. Then they will become GODs for everybody. in agony-
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Bank officers undue delay in officers salary revision
by RRAO on 2009-11-15 21:42:30.771025+05:30 We bank officers are highly agigated the way the govt and association leader are handling the salary and pension issue of bankers.Any delay will lead to general strike since thewages paid now con't meet the expenses to meet the montly expenditure of three dependants.The inflation is high and the banks do not pay any bonus to meet the diwali and national festivals and to meet the donations asked by school. We want annual lumpsum money to meet these expenses, further allbankers know the money given by VI pay commission and since bankers are dealing directly to the economy govt should unilaterally give the best deal since PM himself was banker and knows RBI was given three pension option and all organisation give pension option legally even now one day before retirement. hence legally also they have to consider the pension option for officer who want to opt.Indian express should take the lead to support general strike against food price rise and we shall support it since the pay revision
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Strange way of negotiations !!!!!!
by akm on 2009-11-15 09:20:37.692082+05:30 The strange fact is that we don't find any mention of "wage revision" of present workforce of Banking Sector. It was all about past employees (compansate appointment, additional burden on pension etc. ) of future employees (effective date for joining of Pension scheme etc. etc) but no mention of wage settlement of existing employees.
Whether, the UFBU has been formed for protecting the interest of past and future employees only ?
Who is taking care of wage settlement of present workforce ?
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NO WAGE- FULL SHORTAGE OF STAFF-NO MESSAGES ON THE BLOG
by ramesh on 2009-11-14 19:31:15.731307+05:30 Dear All
bank officials and employees are bored and gets irritated when they hear the word "WAGE REVISION". U OBSERVE the messages posted on the blog. last message was on 08/11/2009, after that on 14/11/2009. Hence no one is interested in wage revision talks. NO WAGE REVISION- NO information from the socalled leaders about wage revision. but the timepassing leaders wants to strike on Dec 16 against merger/acquition of SB Indore. Why ? when the workforce of STATE bank group interested in merger. why this socalled leaders are giving strike calls. u r not giving salary hike but u want all the employees to participate in the strike. Dear all I want to infom all of you, In the recently concluded elections in associated banks officers association elections all contestants have asked the votes on merger only.Think union leaders, u cannot stop merger of any bank with any bank- if governments wants they will do it. for example take the example of SBindore case. dont give any strike call
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wage revision/pension
by S.P.DESAI on 2009-11-14 16:54:54.847015+05:30 hello ufbu leaders where are you are you sleeping all the way
what happened to above issues wage and pension.no meeting with
iba since 24-09-2009 almost two months passed.are you not bringing any pressure on them when it is in your hand.why are
keeping mum and holding meetings why not any further agitation
like indefinate strike ect.you are loosing your dignity among
the members who are having full faith on you and now if you
keep quite members will become so angry they will beat you
and pull you from your posts be careful.you made a great
mistake in 2008 when four days strike call was given suddnely you have withdrawn as iba assured you for meeting
and mou was where all the issues including pension will be
settled within three months now thirty months have passed
no settlement yet.what kind of leadership is this.sometimes
we feel that any underhand dealings are going between iba.
we as a ordinery member dont know all this.so try to understand the feelings and ensure to conclude.
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IS THERE ANY PROGRESS!!!!!!!!
by SHIKHA on 2009-11-14 15:02:08.759354+05:30 HELLO Everybdy! This is Shikha- a fresher in banking industry.The topic is same Pay Hike. This ignorance of IBA is sending a negative message in this industry which is known as a SHAHI NAUKRI. Newcomers like me are not satisfied with the present salary and start thinking about changing job. All of us know that banking need sharp minds, positivity n new talents. but the present pay scale are nt so attractive that they can attract new minds who can handle your banks after u. This is Brain Drain.
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OLD D A CASE
by RAGHUNATH JAGIRDAR on 2009-11-08 14:09:34.27508+05:30 We have been getting news that there has been an error in the payment of DA to Bank employees during the last bipartite settlement and that we have to get the difference of DA since then. Could any one throw light on this aspect and where we stand vis a vis the old DA payment.
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WAITING FOR WAGE REVISION/PENSION
by RAGHUNATH JAGIRDAR on 2009-11-08 10:45:42.434455+05:30 What the hell is going on in the UFBU? Dont you people see the anger, resentment, frustration, disenchantment and disappointment among the rank and file, at the ridiculously prolonging discussions on the wage negotiations/pension option. It seems very clearly that the UFBU is not clear on any aspect of the settlement, be it wages or pension or compassionate appointment. They are a confused lot and hence it would be better if the present bunch of jokers called the UFBU resign en masse and let a new string of leadership emerge to take up the baton of wage negotiations. Till then there would be no settlement and the entire cadre has to wait for ages to get their right share of wages.
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PENSION OPTION AND WAGE REVISION
by AJAY SINGH on 2009-11-08 08:10:48.144958+05:30 First, when Nationalised Bank signed Pension Agreement in 1993, it was given as second benefit. SBI gets pension as 3rd benefit and leaders of NCBE and AIBOC tried for pension as 3rd benefit in other Banks. This was scuttled by Great Hon'ble Tarkeshwar Chakrabarty. In SBI, there is a huge pension corpus and every year, the Bank makes provision to increase the corpus. The Nationalised Banks' management should have made adequate provision in their Pension Corpus out of every year's income, but they miserably failed to do so. Therefore, there is always bound to be shortfall. What are the Union Leaders in their Banks doing - Sleping. All along, there is hue and cry about pension option and the funding. Instead of praising the prudent Management of SBI and the far sighted vision of SBI Staff Federation, the other Unions like AIBEA etc. are crying foul. Wake up guys, try and make up with your own managements and try to get more benefits for your own employees. Else, time will run fast.
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wage without age
by singhal m c on 2009-11-08 07:09:13.483+05:30 wage revesion is the false dream which is showing by the our dear unions leaders. we are working the govt work also but wages not increse as govt employee .the leaders are not interested to hike the wage revesion of bank employee they are pickup the tail of ani.......ls .
pay commission increase the wages by 25 to 40% of central & state govt employee , they are working without risk work
while the bank employee work on fire with high risk & fully responsible . i requested to our dear leaders to leave the pension agenda and talk only wage revesion with hike 25%
2 what is the matter of old da matter we are hearing last two years that we have been win the court case against da payment but no circulers till date . it is the khilwar with our bank employees i hope all the leaders and bank employee walkup come out from sweet dream bot not which is showing by our dear leaders.
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wage and other facilities in wage revision
by ravi on 2009-11-07 17:08:24.498087+05:30 In this revision emphasis should also be given on parity of other benifit given by different banks.It is known that sbi and its associates bank employees are enjoying better in terms of house rent ,conveyance allowance,entertainment allowance,house maint,medical, etc even in some banks some benefits are non-existant.we should fight for unifrmity in this matters.
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WAKE UP UFBU LEADERSHIP
by Tara Chand Sharma on 2009-11-07 16:38:44.985158+05:30 UFBU leaders are in dark and keeping the membership also. They do not know up to what time the pension issue would be settled. After every meeting IBA puts some new conditions, the matter is pending from the 7th bipartite settlement when the IBA given assurance that pension issue will be dealt separately but no conclusion till today. Extraordinary delay in wage settlement resulted frustration in employees when all the emoloyees in other departments got handsome increase in their pay and pension. UFBU leadership should immediately fix meeting with IBA. It seems that fixing a meeting with IBA is not in hands of UFBU. UFBU should come out such a situation by taking organisational steps to save the image of UFBU.
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bank wage revision
by umesh on 2009-11-07 13:58:32.784372+05:30 I think we all bankers are living in fools paradise hoping that these bloodyfools called union leaders will get us decent pay hike. In fact the bankers should not believe in bipartite settlement rather than ask for a pay commission like Pillai Commission. We got justice that time and will get this time also through commission only. As the leaders of various union are not aware even what others at the same level are being paid. With the result that the self respect and the social status of the bankers is going down every day. There was a day when all Class III employess of various Central/State Govts. including teachers were envious of the bankers as a clerk in a PSB was getting much better than them and they never hoped to even reach the salary level of bank clerks. As of now, even the teachers/clerks in govt. are getting much higher than the bankers. Did our leaders never see these facts? They are befooling us and we simply believe them. Pay Commission is the only solution.
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pension issue
by S.P.DESAI on 2009-11-07 11:25:27.445593+05:30 gone through the ufbus meetings on 4th.what is new sharing of
pension cost in all the meetings held with iba regarding pension what was that and now you are demanding as per 7th
and 8th biapartite settlement.so no firm solution on pension
issue from your side and you are fighting for 2nd option for
pension.why sharing comes you would have asked for pension only.as the clause was removed about strike ect after the
option in 1995/96.so now come to conclussion for it dont
accept the formula of iba.fight for it and solve it.no comment on salary revision whether you have accepted for
17.5%only or are you demending at least 20%.when is the meeting with iba only shortly means when after two months or more.try to understand the feelings of the members and act accordingly.give indefinate strike call if necessory and achive our goals.dont go back a singal inch behind.we have full faith on you so try to complete the negotiation early as per our demand and not as per iba.
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Wage revision/pention
by kk dewan on 2009-11-07 10:33:38.252772+05:30 dear leaders do some thing for the bankers comrade.Donot sit on the union funds.Settle the pension issue immedately. You should worry for your present comrades and should not worry for the pension for those who have not joined the banks so far. do some thing other wise comrades will not like o see your faces
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wage revision for bank
by ashwani on 2009-11-07 09:59:13.715225+05:30 UFBU stands for Ullu, Fools, Bewkoof Union. The leaders are main hurdle they should apologise fellow bankers for not intensifying agitation. indefinite strike is the need of hour. All bankers officer, clerk, sub staff below 45 years are requested to leave association and join young bankers forum. which demand that UFBU is not authorised to negotiate. Stop negotiation. We demand IBA and entral Govt. to invite us for negotiation. Let us make membership more than 50% strength.
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negotiation wage revision
by madan nath goswami on 2009-11-06 20:51:42.282962+05:30 Wage revision was never a primary issue for them. It was always a secondary issue. So I request to all bankers go on undeffnate strke under self flage.no need any help from selifish union leaders
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ninth bipartite
by kumar anand on 2009-11-06 18:51:30.334867+05:30 there must be at least 25% wage increase in next pay revision.thank to aiboc
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STRETCHING THINGS TOO FAR
by RAGHUNATH JAGIRDAR on 2009-11-05 07:52:43.68469+05:30 It is really outrageous to see that the talks are getting prolonged without any settlement in sight. If our Union Leaders cannot do it, let them allow others to take up the job. They are neither coming to an understanding, nor are they taking the comrades into confidence and informing the developments. Why this secrecy is not understandable. Ultimately it boils down to only one thing. The UFBU has botched up the Settlement and now not finding ways to come out of this and hence are not able to explain the matters to their cadre. When the IBA is trying to prolong the issue on some pretext or the other and by introducing new terms and conditions as per their whims and fancies, why these great union leaders are not able to fight it out. Leaders, please note that the cadre has become quite restless and they are seething with anger and may burst out any day. Hence, see that an all encompassing solution including Wage/Pension is achieved immediately.
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wage revision/pension
by S.P.DESAI on 2009-11-04 21:30:52.291689+05:30 what is going on about wage/pension no body knows except union leaders who are just arranging meetings coming from allthe quarners gathered and not informing the latest developments to the members on whose contribution paid by the members.members are in dark why?is it not responsibility of the leaders to inform the members may be any development either it is for or against because after all if they want totake action they have to inform members only to participatein the action then why not inform developments.we came to know that to-day there was a meeting of ufbu but no leaderis coming out about meeting.pl dont do like this inform members.any development to take any further action like indefinate strike etc.take firm action then only we will achive our goals.in past also we have done like that and we got it.why are you silence leaders.pl do something at the earlist otherwise members will be very angry and may take any decision dont allow such things.so do somethingand inform us.
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Wage revision
by Surendra on 2009-11-04 15:34:42.44375+05:30 Why are you wasting time and energy in waiting for wage hike and comparing yourselves with PSUs and Govt Employees.All retire Union Leaders and oldmen are starting the negotiation with only for " Pension " and ending with " tension ". Wage revision was never a primary issue for them. It was always a secondary issue. So I request to all bankers go on undeffnate strke under self flage.no need any help from selifish union leaders.
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Advice to Bankers'......
by akm on 2009-11-03 19:34:20.300736+05:30 Dear Banker,Why are you wasting time and energy in waiting for wage hike and comparing yourselves with PSUs and Govt Employees.Your Union Leaders are starting the negotiation with " Pension " and ending with " tension ". Wage revision was never a primary issue for them. It was always a secondary issue. Even the chief of the UFBU in their latest meeting with media has informed that " Apart form Pension issue, other issues are wage revision etc " Even some of the meeting scheduled for wage revision were ended without talking about Wage.SO enjoy the pension, avoid tension and forget wage revision.Happy Banking with UFBU
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wage revision/pension
by S.P.DESAI on 2009-11-01 21:27:45.609475+05:30 comments after comments on this.but our leaders are not understanding the seriousness of wage and pension issue.donotsign the only wage revision settlement and latter on pensionotherwise you will not get it.it is a right time to go aheadwith both the issues.what is the development intalks.some bodytold thatn the meeting with iba is on 3rd nov and that to inthe evening whether it is meeting or eating only.for whole daydiscussuoins nothing is coming out and what else it will come out in the evening meeting.about meeting no where it is mentioned whether it is there or not.why the leaders arenot informing the members the latest developments if any agitation is there then you are contacting to make it sucess.dont see the patient of the members if members got angry they will pull down you and there will be split.you made mistake in march 2008/sept when strike call for 4 dayswas given you should not have gone back.that time we would have got our both the settlements.now also we can do
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Incomprehensible
by venkat on 2009-11-01 14:39:27.464811+05:30 While I do agree that our Union leaders seem to have given way badly, I am completely amazed at some of the responses in here. There is talk of resigning from unions without understanding that that is precisely what the IBA and the RBI and the Govt. want of us. It shows a distinct lack of fighting spirit; it seems quite childish. If we are not satisfied with the way our Unions are run, resignation is NOT the answer. I am yet to see anyone post that he/she will actively participate in Union activities so that our voices are heard too. We have become so self-centred that 'fighting' is not even an option to us anymore. Such a sad state of affairs. Instead of whining and moaning and complaining, why don't we participate in Union activities and influence our leaders? THINK ABOUT IT.
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da increase
by vbraj51 on 2009-10-31 21:12:34.113437+05:30 dear all1) 59 slabs da hike during Nov.... almost 10.62% of BPay so dont ask for further salary increase!!!2) Rumour -> 4th/5th Nov. eating/chatting/drinking with IBA in the name of Bi-partite talks !!! Heard that keeping pension issue in abeyance ... for sometime, they may go for settlement (signing ???).. Leaders agreed to this, but with pre-condition that definite time frame in writing to given by IBA for pension issue talks... this IBA resisted. Hence Stalemate...3) during last settlement too , few juniors formed a separate forum, by resigning from their respective assons., what happenend to them ??? its all nightmare dear ....4) Atleast one thing we can plan / organise in mass, till a decent settlement comes true, we ll stop our monthly union subscription check off facility !!! They should not hold baseless meetings at our cost ??? what do u say ?No dear... nothing will happen... that u know, they know, govt. know, iba too know. so be happy with DA%
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High Time For Introspection
by Vikram on 2009-10-31 07:38:26.580285+05:30 It is high time for our assocition leaders to introspect and must understand ABC of wage n residual issues Get inputs across the bank by way of internal circular Circular are not meant only to inform about Holiday Homes etc. How long Unity will stand if there is discontenment across the rank n file Let us resign in mass from membership Otherwise too we are without any thinking leaders
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Negotiating skills of UFBU Leaders.. Past/Present/Future
by akm on 2009-10-30 17:42:44.279739+05:30 Past :- Pre to post Pillai Committee Report, We have seen the negotiating skills of our union leaders.Bankers were getting more pay then Central Government employee. Due to UFBU Leaders negotiating skill, we are now getting just half of central Government employee pay.This is sufficient to Judge the Union leaders Past performance.Present :- Since most of UFBU Leaders have retired, they are interested party in wage revision.Even though they are retired, still they want maximum share from current wage revision. And They have agreed to share the wage revision bill toward filling the shortfall in Pension fund. Result 1/5th portion is left for wages and 4/5th portion is appropriated towards pension.We will be getting meager 7% rise in wages, that too on March 2007 salary.Future :- They have taken the bait of pension from IBA and gleefully agreed to share even the future wage revision towards shortfall in pension fund.Any shortfall in pension fund due to mismanagement, inefficiency etc., will be deducted from our future wage revision.
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Resign from the Union membership in mass
by NIDHI on 2009-10-29 22:07:32.659232+05:30 Nothing is going to happen by writing in blogs and posting messages.If you want that some thing positive in future, every body should resign immediately from their union membership. It will give clear message to unions and their masters (IBA) to come on right track for better wage revision at par with other PSU and service sectors.
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1 Resign from Union
by Rajesh Sharma on 2009-10-30 18:03:34.864814+05:30I agree with Nidhi View , we should mobilise members and resign in Mass from Unions to bring leaders in Minority. That is only option left to us. Please all join hand and donot be satisfied with writing on blog. Please come in action.Rajesh
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1 Wage Negotion
by Vikram on 2009-10-31 07:28:42.516035+05:30Well thought but delayed. gather courage and all of us should resign in mass without exception Even office bearers are ignorant as what is happening at wage negotition table, they are not claer what to demand or what to drop, They are more concered with local issues transfer, deputation allowance etc. Is it a responible trade unionnism?
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wage revision/pension
by S.P.DESAI on 2009-10-27 17:21:51.427284+05:30 really it is very ashamed on the part of ufbu no results come out for wage revision and pension.you might be remembering when morarji desai was pm and our negotiations were on.he toldto nothing will be given to bank employees in the morning andin the evening he agreed for our demands because of our strong unity.now what happened ufbu is requesting to iba to fix up the date for next round of talks and iba is firm on their stand why you keep mum give them answer and take firm actions like indefinate strike call ect.leaders wolk up and do.really what is going on in the minds of leaders and iba.once sharing of pension funds agreed then why roll back and again issue of sharing.now members are very anxious to know the results and the day should not come to split the union/association.if iba is not ready to talk make them to talk that is in your hand.we were thinking something will come out by dipawali gift but nothing.so do something at the earliest.and one thing inform the members
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pension option and wage revision 2009
by r m ray on 2009-10-27 13:45:55.965766+05:30 It is really not understandable as to what are the reasons for silence in even communicating the developments to the vast number of bank employees. the strike of august 6 and 7th was a total success. The leaders are not even informing the status or the efforts they are making in taking the matter further. in today's age of internet, cant the UFBU leadership atleast communicate the status of wage revision to the membership. really surprising.
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Bankmen to further wait for wage revision
by Tara Chand Sharma on 2009-10-27 10:54:19.748433+05:30 Govt. knows the UFBEU leadership is not that much sharp otherwise they would have pressed the demand of wage revision and pension option when the govt. was distributing Rs. 60000/- crore to Kisans and 100%/150% to govt. and other PSU enterprises for seeking votes in the name of 6th pay commission. Now no other option to wait because UFBEU not ready to fight. Tara Chand Sharma
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1 wage revision / pension
by K S RAMESHA SASTRY on 2009-10-27 13:55:19.829518+05:30When the 2-day strike during August was a thunderous success, UFBU should have put negotiations on FAST TRACK and should have kept the members in readiness for INDEFINITE STRIKE. Now, the momentum which was built up following successful strike has been lost owing to prolonged inaction on the part of UFBU. It is learnt that for frivolous reasons talks are getting postponed. The membership is being taken for a ride !!!
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wage revision should be releases as son as possible
by vairamuthu on 2009-10-26 21:53:28.119755+05:30 all the government employees are enjoying the 6th pay commission benefits without much struggling. but what about our bank employees condition. we r working continuousely from 10 to 6 without tea time and lunch time. the other departements who are zikzaking while on working hours and taking lunch time as leasure they r all enjoy the pay commsision benefits .but the bank employees working hard and hold the indian economy are been made fool by this govt.pl get as our benefits as soon as possible. moreover the selection exam for bankers is more tuff thean other epartments. once they need more qaulified persons for them and their remuneration also should be higer than others even the sweeper of other departments is earning mre than a more qualifed bank employees. what a shame it is
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Actual (NET) Wage revision
by rajesh Sharma on 2009-10-26 16:10:34.108514+05:30 BANK’s WAGE REVISION Mathematics 1.Initially IBA has agreed for Rs 6000/ Crore as wage revision Burden due external relativity (6th Pay commission recommendation). Later on improved up to Rs 7800 Crores. 2.Employee Unions raised the demand for pension Option. Option was converted into Pension burden.a)Initially for current employee Pension burden (Rs 6000/ crore )b)For employees retired after 1996 pension burden Rs 3000 Crores. 3.Mathematics of pension is as follows Assumption Rs 250/ crores is 1% (figures in Crore)Total Wages offered by IBA = Rs 7800/- (Approx 31.2 %)Total Burden of Pension = Rs 6000/-Out of whichIBA agreed pension burden = Rs 4200/ (deducted from wage offer)Wage revision offer shown to us = 3600 Crores (7800 – 4200= 3600) (actually 14.4 %) Employee to bear Pension burden = Rs 1800/ Net (Actual ) Wage revision offer is only = Rs 1800/(7.2%)
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Bank Wage Revision
by Ramasubban on 2009-10-26 13:50:02.165565+05:30 Dear Comrades, Don't worry. Wage revision is not going to happen in the near future barring some miracle.Thanks to retired leaders in UFBU and retired chairman in IBA who are not sleeping for workingout pension formulae.Please cut your food one time and take only 2 times in a day to minimise the expenditure.They take their own sweet time ignoring lakhs of bankmen by depriving their due benefits on time.
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Advice to Bankers'......
by akm on 2009-10-25 20:53:18.321091+05:30 Dear Banker,Why are you wasting time and energy in waiting for wage hike and comparing yourselves with PSUs and Govt Employees.Your Union Leaders are starting the negotiation with " Pension " and ending with " tension ". Wage revision was never a primary issue for them. It was always a secondary issue. Even the chief of the UFBU in their latest meeting with media has informed that " Apart form Pension issue, other issues are wage revision etc " Even some of the meeting scheduled for wage revision were ended without talking about Wage.SO enjoy the pension, avoid tension and forget wage revision.Happy Banking with UFBU
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RAMESH
by ramesh babu on 2009-10-25 20:30:56.812816+05:30 dear all. all are talking abour pension option. No doubt, every PF optee will get. But look into the last wage revision, Last time wage revision- I got only net hike of rs:365/- do u call this as wage revision.Being Young is Punishment. Sitting From 8 to Night 8- and I got a wage revision of Rs:365/-. For the name sake I am an officer, pay wise below the Municipal employee. Hence so called leaders under stand the feelings of Young Officers- they are the people who will be there for next 20-25 years and working for the benefit of organisation, govt, and retired people. You take care of them, they will take care of the retired employees. If they work banks will get profits- inturn every one will be benefited.ramesh
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next talks with iba
by vbraj on 2009-10-25 14:34:15.798547+05:30 dear all...heard that next round of talks with iba to be held during Ist week of Nov. let s hope for the best.. and pray
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wage revision for bank employees
by ashwani on 2009-10-25 11:35:19.126773+05:30 I am surprised that a large number of bankmen are giving their views in their own favour. Pension is a option which means it should always with employees and whenever he want he can excercise. UFBU should convince IBA and fight for the same without any sharing of load . Nobody is taking about delay in negotiation and very casula approach of UFBU. For last one month no dates fixed why UFBU has not made any call for indefinite strike. UFBU should appologise for dealy otherwise agitating bank employees should beat tham in public for betraying employees. In my view bank union leaders are main culprit and they don't negotiate for us but they are interested in Directorship. Once their directorship is cleared they will sign the MOU.I request all to leave union and join hands to form non affiliated members union and demand for 50% wage increase.
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pension/wage revision
by S.P.DESAI on 2009-10-24 10:54:46.307258+05:30 sastri read your comment and surprised about pension issuein every settlement pension fund is raised to take care of it.at the time of first option came in 1993 the union leaders only told us no pension if service in more than 10 years andmoroever rate of int was also high at 13%og pf and strikeclause was also there.itg is fundamental right of the employeeto get pension as is in the gov dept.after serving 35-38 yearsof serving in the institution.now the leaders felt it and trying for pension option which is 100%correct.but now what is the position regarding wage revision/pension issueone meeting held on 24th sept after that no news.if this go on it will take one more year for conclussion by that time next settlement will bocome due.all the employees areeagerly waiting for it.if any action is to be taken likeindefinate strike etc pl take it and heve some firm mou signed dont go back of your agitation.inform the members thelatest developmenta on time.pl do
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second option of pension
by naresh on 2009-10-24 09:38:11.938208+05:30 the existing pensioners should not feel jealous of p.f. optees demanding another option of pension inasmuchn as they were also given full pension of fifty per cent in last settlement out of total package, of course, at the cost of p.f. optees and p.f. optees never raised their voice as it was in the largest interest of their fraternity, hence nothing should be commented at this stage when the settlement is almost final and no room should be given to the authorities to scuttle it.
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1 second option of pension
by K S RAMESHA SASTRY on 2009-10-24 15:44:57.89855+05:30During 1993, by accepting option exercised by employees and forfeiting accumulated amount of Bank's contribution to PF, it became the self imposed duty of Banks to service pension obligation. Unions, whose duty is to fight and secure benefits inexplicably and strangely decided to play the role of a BENEFECTOR and is said to have agreed for lesser wage hike to enable Banks to service their obligation towards pensioners. If it is so, for a mistake committed by Unions,why should employees who have already opted for PENSION be expected to sacrifice their interest? If you want PENSION, fight it out; we are with you. We are not jeleous. We have participated in the strike for your sake. We want you also to get pension; but definitely not at our cost. TALK TO YOUR LEADERS and let them negotiate in an equitable manner. LEST,WITH SUCH GRAVE CONFLICTING INTERESTS, WE WILL ONLY END UP IN COURTS, WITH MULTIPLE AND LONG DRAWN LITIGATIONS.
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Bankmenwagerevision
by shsmani on 2009-10-23 21:03:02.881588+05:30 Govt. is going on calculating, calculating and calculating the pension actuaries again and again in this computer world. When Agricultural Debt Relief of Rs. 60000 crores wasdecided oon night no calculation was made for getting votes. I know many people who does not have agricultural land are benifitted by this Debt Relief and no real agriculturists are benefitted. I can prove this. In Sethusamdram some 4000 crores was allotted to please DMK Govt. For giving to needy bankmen wjho made enormous profit are deprived of it. We can"t expect the Govt. who has issued 50 pase and 5 rupee coin in same look like, so also 1 rupee and 2 rupees in similar nature which ;common man is finding it extremely difficult to sort out to do justice. So also PF optees, they have no; mind to; help the PF optees. Union; will definitly split and yo;u will not get anything and merger is 100% sure. You will be one in a ocean. You will loose bargaining power. If you don"t like giving pension, you will alsodo not get salary increase.Dont be selfist. They are fighting against the govt. and not yourself. But you are directly attacking PF optees. You can"t survive without PF optees. Mind it.
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II OPTION FOR PENSION
by mandagaddeshankar on 2009-10-23 10:09:18.234959+05:30 It is wrong that II pension option is at the cost of the present serving employees.It is with our own PF contribution(Management's portion) II option is to be given.Unions misguided employees earlier and hence this demand for II option.Had every body opted for pension in the first instance there was no question of any burden to the managements which are writing off lakhs of crores of Rupees of bad loans of industrials.This demand of II option is from past 15 years when a clause forefeiting pension if participated in strikes is withdrawn by IBA. Hence every employee who has not opted for pension because of that clause is entitled for II option.It is not from the sacrifice of any of the existing employee/employees.It is soley from the Managements and concerned staff himself.Do not get misguided. No body is fool enough to accept such foolish arguments.Mandagaddeshankar
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1 option for pension
by NIDHI on 2009-10-23 21:16:25.338398+05:30Dear Mandagaddeshankar Jee, We don't agree to your view when you say that pension option is not at the cost of serving employees. It is know fact that IBA has kept aside 1/3 of total fund for II option of pension. How you are telling that unions has misguided employees. It was purely individual decision for an employees to choose either PF or pension that time. We are not against getting you second option for pension, but you people should put pressure on your unions to get wage revision to atleast 30% instead of agreeing at 17.5%. You ask your unions to argue with IBA that when they are not having sufficient fund for 2nd option for pension, then why CMD's of all PSU are lining up before Finance minister giving him divident cheques of crores of rupees.
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1 II Pension
by Vikram on 2009-10-31 07:43:56.081205+05:30How many time u will think to opt for pension? Twice earlier u people have thought it is technically 3rd time option R we watching French Movie unable to understand first time and making efforts time
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bank unions
by vbraj on 2009-10-22 10:15:01.799681+05:30 dear allits heard that serious disagreements going on within UFBU.especially within AIBOC. last few settlements officers category were sacrificing their monetory benefits , since we were getting the same share as of workmen staff. this time we demanded parity difference between award staff. heard that demanded for atleast 25% hike for officers. but being under a single banner of UFBU, its difficult to differentiate percentage wise hike, which workmen unions ll oppose. On other hand, AIBOC also firm on their demand. One more attempt like some National Bank Unions so so so, also being formed, parting from AIBOC... if so, i doubt, in near future this settlement never happens,...since each leader is playing his own ways/tricks, to delay the process joining hands with IBA personnel / Govt. agents...
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why u /we bear these socalled leaders ?
by vbraj on 2009-10-22 10:01:21.527602+05:30 dear allthese so called (idiots), just playing dirty tricks.which u should understand... people who are in the service only to be allowed to go for negotiations !!! Not the Uncles , who retired/at verge of retirement , who ll obviously think about retirement benefits only.. OK agreed, we ll also become retired.. but the persons left the service , with hefty monetory benefits, other gratuity etc... etc.. should not be given more priority than the persons in service who ve to meet another 20-30 years of working span.... it should not be at our cost !!!its quite simple to bargain with govt./iba... opt Mahatma's Non-cooperation method.... Just adopt work to rule...with regulated working hours.... pen down at 5:30 pm...dont give much importance on Govt. Sponsored Schemes.. let them give to Private/foreign banks.any body got guts/backbone in these lines.... I doubt....so u ll get exactly what u deserve dear....
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PENSION ISSUE
by K S RAMESHA SASTRY on 2009-10-21 17:37:30.257085+05:30 In response to reply/comment dt 17/10/09 of Mr.SP Desai,my response:If, during every settlement, some portion was earmarked for pension fund, it is our so called GREAT LEADERS who have let us down and helped Managements discharge their part of obligation towards pensioners. Even if earmarking was not allowed, Managements, having accepted pension option, were duty-bound to meet their obligations towards employees who had opted for pension. If the earlier "FOOLISH EARMARKING" is sought to be balanced through penalising employees who have already opted for pension, it is against all forms of natural justice -"ROBBING PETER TO PAYING PAUL". Short fall of Rs.1200 crores, as worked out,has to be borne solely by employees who DEMAD another option for pension. Many recent recruits are choicelessly covered under pension whereas some of them may prefer PF. Why should this category bear the burden; Any justification for bailing-out seniors who indirectly admit having taken a wrong decision?
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1 PENSION / WAGE REVISION
by P M Chitkala on 2009-10-22 10:04:46.009217+05:30I am in total agreement with the views of Mr. Sastry. If anything has to be surrendered for getting their demand met, it is the people who demand have to surrender/sacrifice and not others.
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bank employee wages
by ashok jaisia on 2009-10-18 22:02:16.471343+05:30 Finance ministry officials have NDTV that 19 public sector banks are likely to receive a 17.5 per cent raise.The pay hike will be effective retrospectively from November 2007, when the last pay negotiations ended, till the end of October 2012.This means the annual hike of 17.5 per cent will be repeated every year till October 2012IT IS TRUE?
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1 Hahahahaha
by venkat on 2009-10-19 13:46:30.714848+05:30Why on earth would you think that's true? That just shows you the quality of the reporting. Pathetic. But let it be. After all NDTV is part of the private sector, and in these sad times, the private sector can do no wrong and the public sector can do no right! Obviously the reporter has no grasp of facts and should be sacked forthwith.
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APATHY OF BANK EMPLOYEES
by RAGHU V on 2009-10-18 19:49:46.9081+05:30 Persons making expenditure for govt.and with NIL RISK (Central Govt. employees) are paid hefty salary whereas persons who makes profits and making the exchequer richer are denied legitimate salary. It is ridiculous that no Govt. official is showing an iota of interest in our wage settlement. Bank employees have to toil for implementing govt. sponsored schemes, we should work day and night for waiving farmers loans. But nobody is showing interest in settling our issues. In 1979 PILLAI COMMITTEE was formed to rationalise the salary on par with Govt. bureaucracts. But now no body is coming forward to rationalise our salaries on par with Govt employees. More than two years is over. But nothing is visible.
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BANGLE GIFT OF UNION LEADERS OF BANK
by AVINASH JAIN on 2009-10-18 11:03:06.807739+05:30 wage revision and pension issues negotiating since last 24months.we are really ashamed of it.till date no conclusion. Despite 2 days strike. THERE IS DIWALI GIFT FOR UNION LEADERS (NEGOTIATING COMMITEE)FROM ALL BANK EMPLOYYES/ OFFICERS, "A BOX OF BANGLE" THIS IS TIME TO THINK HOW WE SHOULD REACT AGAINST THEM AND IBA.
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BANGLE GIFT OF UNION LEADERS OF BANK
by AVINASH JAIN on 2009-10-18 10:59:19.302955+05:30 wage revision and pension issues negotiating since last 24months.we are really ashamed of it.till date no conclusion. Despite 2 days strike. THERE IS DIWALI GIFT FOR UNION LEADERS (NEGOTIATING COMMITEE)FROM ALL BANK EMPLOYYES/ OFFICERS, "A BOX OF BANGLE" THIS IS TIME TO THINK HOW WE SHOULD REACT AGAINST THEM AND IBA.
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POSTING OF OFFICERS OUT OF STATE IS IT REALLY NECESSARY ?
by Harish D Karkera on 2009-10-17 22:51:03.726798+05:30 Post nationalisation as per governments notification bank officers were transferred to rural remote palces of the country in orderto make available banking facilities and create awareness of banking as a tool for growth. Many decades have gone by today the nation is proud that literacy has reached nook and corner of the country and so is technology, plenty of educated youth are available in rural belt who can work in the banking sector. Then why till today bank officers are transferred from their parent state posting to other states. today a bank officer cannot shift along with his family as his children's carrer are at stake and for several other personalreasons. again when he is posted in ruratl area he loses out in his pay package whereas he has to take care of his family staying in urban areas. he has to incur expenses for himself as well as his familyt back at home. Why are the unions silent on this issue? why do officers posted out of state are not given inconvinience allowanc
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Mukherjee
by Goutam on 2009-10-17 19:01:26.088634+05:30 UFBU should take vote from its members before agreeing(They have already agreed!probably there may be some under the table negotiation)to IBA proposal of 17.5% hike. Also if UFBU settles with 17.5% hike then the rank and file of UFBU should resign from their respective associations so is to give them a befitting reply for cheating their members
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Pension Issue
by Bhatt Pushkar on 2009-10-17 14:36:56.561351+05:30 Mr.Ayan Chatterjee, When employees were given the option of pension, rate of interest on PF was high. Majority of bankers were young and had to work in banks for a longer period. They opted for contributory PF. It was not wrong. Approach of unions should be the benefit of overall benefits of the members. Economy always gets changes. We the bankers are facing worst time of our career. It is not the matter of pension option only. Matter is that the service conditions, volume and type of job we are performing and the benefits we are getting as compared to the employees of other PSUs or Central Govt. Bank employees in general and officers in particular have unlimited work to perform associated with the high risks of frauds, accountability, responsibility customers' pressure, business targets and other pressures from higher authorities. Pension option is one of the issues. Question is why the poor bank employees are being exploited to this extent without any respectable wages.
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wage/pension
by S.P.DESAI on 2009-10-17 12:08:23.516256+05:30 MR.AYEN GONE THROUGH YOUR COMMENT YOU MAY BE KNOWING BETTERTHAT PENSION OPTION HAD COME ONLY TWICE IN 1993 AND 1995 NOTTHRICE.OUR DEMAND IS THAT ONLY TO GIVE ONE MORE OPTION AS WASGIVEN TO RBI THIRD TIME.WE ARE ASKING THE SAME.WHEN IT CAME THERE WAS A CONDITION ABOUT STRIKE AND ALL.MOROEVER RATE OF INT IS ALSO FACTOR AND OUR LEADERS ONLY TOLD US NO PENSION.SO NOW IT IS THE DUTY OF THE LEADERS TO FIGHT FOR ONE MOREOPTION FOR PENSION.AND ONE THING YOU MAY BE KNOWING THATIN EVERY SETTLEMENT SOME PORTION IS EARKMARKED FOR PENSIONFUND THAT I THINK YOU HAVE FORGOTTON.SO DO NOT COMMENT WHYSHOULD WE AS YOUNG STAFF CONTRIBUTE TO PENSION FUND WHICHIS NOT AT ALL CORRECT.
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regarding wage revision
by C.Annadurai on 2009-10-16 22:47:09.904419+05:30 I have gone through all painful grievances which the innocent bank Officers undergoing all these years about which the well settled union leaders do not care.We could not understand as to why the Government is so merciless towards this particular category. We are generally not corruptive in nature and hard working without time limit without any kind compensation. We are really afraiding of complaints. Why this Govt is so ruthless only towards us?I doubt because of the strike that affect the country as a whole might be the reason. Then what way we cam ventilate our feelings? We the Bank employees / officer do not know what the union/ association leaders and the Govt are discussing? Whether the Govt do not know the plight of the banking community even if so the leaders should peruse the govt. Why it is not happening? The reason should be probed first
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Stop Bipartiate Negotiation insteat appoint a commission
by Bharat Bose on 2009-10-16 19:45:22.343892+05:30 My sugesstion is to appoint a commission headed by Chief Justice of Apex Court with a time frame to submit his recommedation with in 6 months. If you compare other PSU who got their salary revised through Govt. appointed commission are gainer than bank employees. Please think over it seriously
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WAGE/PENSION ISSUE
by S.P.DESAI on 2009-10-16 10:59:44.814098+05:30 wage revision and pension issues negotiating since last 24months.we are really ashamed of it.till date no conclussionreached.the meetings are held once in two months and that to one day from 11am to 5pm how the negotiations are going ondont know.in every meeting there are seperate issues coming upand hence meeting said inconclussive.now when our demand is more that 20% then in clc when iba offered 17.5% that day onlyufbu might have told that we are not aggreeable for it and might have gone for indefinate strike as already decided.but could not went on.now what is the stand.if not agree for this take further steps so that something will come outotherwise it will take much time and next settlement will be due in short time.if any action is taken then ufbu contacts all units ect but now what is going on in connection with settlement is not known to members.members should be informed details what is going on.
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you greedy people why opt fof PF when option came fof pention three times
by Ayan Chatterjee on 2009-10-15 23:03:11.60565+05:30 WHY YOU ALL OPTED FOR PF AND NOT PENTION WHEN THE OPTION WAS GIVEN TO YOU NOT ONCE BUT THRICE.YOU WERE GREEDY AND THOUGHT THAT INTEREST RATE WOULD BE AT 13-14 PERCENT AND YOU WOULD GAIN MORE.THAT WAS YOUR OWN DECISSION.WHY SHOULD THE YOUNGER GENERATION CONTRIBUTE THEIR HEARD EARNED MONEY FOR YOUR MISTAKES,AND DO NOT BLAME THE GOVT FOR IT.I AM IN THE INDUSTRY AND IT WAS YOUR OWN FAULT.SO PLZ SETTLE ONLY WAGE REVISION IN BIPARTITE.I CANNOT PRESS MY FOOT ON MY CHILDREN WHO WOULD SUFFER IF I HAVE TO CONTRIBUTE FOR YOUR MISTAKES IN THIS BIPARTITE AND HAVE A WAGE REVISION LESS TO SETTLE YOUR PENTION.YOU SHOULD PAY FOR YOUR OWN GREED
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1 Wage revision and pension option
by NIDHI on 2009-10-20 14:40:08.106918+05:30Ayan Jee, you are absolutely correct and most of the bank employees are also with same view, but they are helpless because of these useless unions of retired people which is negotiating from employees side. We are better off without any unions.
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Wage Revision
by Subba Reddy on 2009-10-15 22:49:07.772308+05:30 Bank employees wage revision should be discussed not with IBA for IBA does not have the authority to agree for the wage revision. After every discussion they go back to the Government and again comes forth for discussion which is at much variance with the earlier discussion. Hence UBFU should discuss wage revision with the Government and not with IBA.Banks are headed by Contract Labourers viz. CMDs and EDs appointed by Government on contract basis. When these useless idiots - CMDs and EDs - join the new bank on a higher position they do not associate fully with the new bank where they assume duties, instead they behave as though they have come from a foreign land and try to impose the useless culture followed in the earlier bank. Example of such things are coffee meet by CMD and EDs with GMs/DGMs on Monday Mornings and Thursday Evenings. The idiotic CMDs behave like school headmasters with a stick and start criticising every GM, with the result no GMs nowadays take decisions.
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Wage Revision
by rami Reddy on 2009-10-15 22:40:04.411998+05:30 For the Central Government employees, even if they had retired 30 years ago, during every revision once in ten years, the pensioners also get revision as though they are still in service. But this is not applicable to Bank employees. While Banks make enough profits, their past employees also should also get the pension revision as is done in the case of Central Government employees, even though Government does not make any surplus each year.For example, an Central Government employee who retired with a retirement basic salary of Rs 6000/- he would have got a pension of Rs 3000/- (about 30 Years Back) and now the same pensioner is getting Rs 40000/- which he would not drawn even as salary. Similarly now a concept of additional basic pension of 20%,30%,40%, 50% and 100% are given depending upon the age of the pensioner. This should be given for bank employees also.
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Wage Revision
by Gurdeep Singh Luther on 2009-10-15 20:18:52.218023+05:30 It is painful that IBA is not sincere to resolve the issue of wage revision. The bankers who work hard and instrumental in making profit for their org.are being deprived from their rights. The officers who work day and night, for whom there is no holiday/Sunday are exploited in the name of customer service. There are so many govt deptmts which donot put any share in the earnigs but are highly paid and these department are least concerned with the customer service. Why this discrimination ? In one bank there is pension or other benefits why not similarity in other banks. What crime one has made if one's bank is making less profits. There should be pension for all and no disparity.The bankers are backbone of economy and they must be given rightful justice. Denying justice is heinous crime.
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WAGE/PENSION ISSUE
by S.P.DESAI on 2009-10-14 10:24:22.117409+05:30 ANILJI I READ YOUR COMMENTS ABOUT PENSION TO RETIRED BANKEMPLOYEES AND SURPRISED.HAVE YOU FORGOTTEN THAT WHO HAVE RETIRED IN PAST ARE NOT ELIGIBLE FOR PENSION FIRST WHEN ITWAS OFFERED IN 1995-96 SOME PEOPLE OPTED AND SOME PEOPLENOT OPTED BECAUSE OF INTEREST RATE ETC.PENSION IS MUST TO ALL.DONT DESCRIMINATE PRESENT AND PAST EMPLOYEES.ONE DAYYOU WILL ALSO RETIRE AND THEN YOU WILL COME TO KNOW THE IMPORTANCE OF IT.IF YOU HAVE ALREADY OPTED FOR PENSION DONTTHINK THAT IT WILL CONTINUE.IN EVERY SETTLEMENT SOME PORTION IS EARMARKED FOR PENSION FUND.SO DEMANDING PENSIONFOR ALL PRESENT AND PAST IS A MUST.IF YOU FIGHT ONLY FOR PENSION SEPERATELY IT WILL NOT WORK OUT AS IN THE PAST WEWERE ASKING FOR IT BUT NOTHING WAS COME OUT.NOW WHAT LEADERS ARE DOING IS VERY MUCH CORRECT COMBINING BOTH THEISSUES WILL IMPACT AND I AM VERY MUCH CONFIDENT UFBU WILLDEFINETLY SUCCEED IN ACHIVING THE GOAL.
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ignorant attitude of govt.
by shailesh kumar on 2009-10-14 08:00:50.059014+05:30 our govt. is least concerned to implement bankers revisedpay structure.even the unions are now no longer effectiveas it used to be few decades ago.bank officer are supposedto be dutiful towards customer
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Biswas
by Shyamal Chandra on 2009-10-13 20:04:06.28931+05:30 I think the Govt.should have a positive attitude towards settlement of wage revision of the PSU Bank employees.I also request all the leaders of all unions to unite themselves and demand for satisfactory settlement so that their workers be not loser as compared to the central govt.employees.
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bose
by debkumar on 2009-10-13 19:47:33.847332+05:30 it seems to me to negotiate with iba for wage settelment leaders are no more required.extreme time they have taken from members . how many times are required to negotiate with iba.? one time there were different opinions to say about iba but now all are under one banner then why are so times are left?
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wage revision for bank employees
by a k singh on 2009-10-13 15:12:19.206873+05:30 UFBU leaders are Ist class idiot. They are not sensing the resentment of bank employees. They are not understanding the woos of bankmen. They need to be beaten badly.They are back stabing the fraternal bankers and dancing to the tune of fin min babus. It is now prooved that they get huge money for doing settlement at low level
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wage revision
by s.h.subramani on 2009-10-12 20:17:45.728543+05:30 Many employees/officers who have earlier opted for pension is not favour of one more option for pension. These people don"t have the right to compare the salary with Central Govt. employees, as they are not in favour of their own bankmen who have worked with them like brothers/sisters. If this mentality continues, there will be a great difference of option between PF optees and pension optees and union will also break which will make the Govt. not to sanction anything. That is what Govt. expects and this foolish people do not know this. They are very selfish and their mind is let others die, we want only our hike in salary. Please change this behaviour. Pension is their lifetime problem. Once they have made a mistake in ;choosing the option. Why you are against pension even when the Govt. is prepared to give.
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wage revision
by s.p.desai on 2009-10-11 11:13:28.563158+05:30 the wage negitiation started somewhere in 2008 early now almost 24 months passed no out come.meeting are held once in two months how it will reach conclussion.members are very eagerly waiting for the same.if any action programmes take the decisions fast and act upon it.the four days call was given in march 2008 and it would have effected much.do not bend as our unity is very strong and we can achive our goals.so i request our leaders to take the decisions quickly and act on it.
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Bad treatment for PSU bank employees in respect of wage revision
by ADITYA VIREN on 2009-10-11 09:34:41.446174+05:30 PSU Banks in India saved Indian economy during the latest world recession. But as usual in India, the sincere, hard worker, devoted people are treated badly. The following example is very much suited like the tribal and ignorant people residing near Diamond mines are playing with diamonds as cheap glass balls and wearing the remains of BER (wild fruit) as necklace. Why always hard workers in India had to fight for their genuine rights. If the Govt. itself gives their rightful and timely dues, the working environment and morale of the workers will improve. No politics for such issues plz..
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wage revision
by SUJIT on 2009-10-10 18:02:18.254562+05:30 I don't know about the fate of the 9 th bps.but I know the DA will be most probably 59 slabs, 10.62% from nov'09. for kind information for all concerned.SUJIT
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Central Govt. Employee VS bank Employees
by C .B. GUPTA on 2009-10-10 13:34:47.182483+05:30 There has been noticeable difference in the year of wage settlements implementations in Govt. and Banks. since, both the service personnel do public role and form part of essential services, it is natural to look for wage comparrision between the two, more so when the government had put a limit on them ignoring market conditions.Once, banks settlement is implemented, I am sure they will stand comparable as ever before. I have few suggestions for the consideration of negotiating teams as under:1. Date of implementation of Bank settlement may also be kept same in all respects as per 6CPC to avoid the difference.2. Banks may adopt 6CPC scales with time bound promotions like IAS officer for Bank Officer(Class I) and Govt. UDC Scales to Bank Clerks with similar assured time bound promotions in all respects.3. Pensionary benifits should also be similar in all respects and at par 6CPC.When all provisions will be similar, there will not be heart burning and settlements will be easy.
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1 Govt VS Bank employees
by M S Sundaram on 2009-10-11 14:35:46.363584+05:30It is a good suggestion. In 1979, PCR has implemented the same formula. But our so called leaders have ruined the relativity and pushed the Bankers to the present poor salary conditions.
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Bank employees wage revision wef.1.11.2007
by Suhhinder on 2009-10-10 11:28:48.690814+05:30 Delay in wage revision of bank employees are main couse is AIBEA.Most of the AIBEA top leaders are RETIRED and they are USEING their members.As comes to know AIBEA signe on settelment @ 17.5% ignoring other UNIONS.And other unions want 30%growth in wage.On 24th Sept.09 what happend in meating with IBA no bodey knows.YADI AIBEA JASI UNION HI APNE SATHIYON KE SATH DHOKA KEREGI TO KYA HOGA. AB TO BANK WALON KA BHAGAWAN HI MALIK HE.
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bankers right
by rajni shukla on 2009-10-09 18:51:55.112981+05:30 The T v chanels and reporters and media are you sleeping. whether the trouble of bankers are not for your T v news.why do not you all show the news about bankers wage revision .only you show about elections, sports, crimes,film industry and panditji ka guru mantra. why do not you all ask the finance minister that why bankers wage is being delayed.
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Bank Employee wage revision
by Surendra on 2009-10-09 11:18:32.84123+05:30 THE CONVENIOR OF UFBU IS A RETIRED PERSON WHO CAN NOT PRESENT THE MATTER BEFORE IBA SO THAT CONVENIOR MUST BE CHANG,BECOUSE HE NEGOTIATE WITH IBA ONLY HIS SHARE AND NOT FOR ALL BANK EMPLOYEES. ALL THE EMPLOYEES SHOULD JOIN TOGETHER, BOYCOT AIBEA LEADER AND FORM A SEPARATE SINGLE UNION. AN INDEFINITE STRIKE IS NECESSARY TO GET OUR DUE SHARE.
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wage settlement of bank employees
by M K BALANI on 2009-10-09 00:03:47.087874+05:30 TEACHERS STRIKED WORK FOR 44 DAYS, BUT NOT EVEN A SINGLE DAY"S SALARY WAS DEDUCTED. DOCTOR'S SALARY NOT DEDUCTED FOR STRIKE PERIOD, THEN WHY BANK EMPLOYEE'S SALARIES DEDUCTED?DO YOU KNOW THAT EVERY WORKER IN INDIA WHETHER GOVT EMPLOYEE, PVT SECTOR EMPLOYEE, COPERATIVE SECTOR EMPLOYEE INCLUDING COPERATIVE BANK EMPLOYEE GETS BONUS IN ANY FORM EXEPT PSU BANK EMPLOYEE WHO IS SHOWN BONUS ACT
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Focus on "EQUAL PAY"
by Sunil on 2009-10-08 10:37:18.168347+05:30 PSU Banks are Union controlled organisations rather than Management controlled. Why asking for 20%, 30% etc etc. It will be better to ask for "EQUAL PAY" to Central Govt., PSU's or with private banks as you desire :)). Further, perks should be given equal weightage as Banks are far behind in terms of perks too. Pay revision was due on November' 2007. They took 2 years to decide for mere 17.5%. This clearly shows how fast our economy works?? Better luck next time!!
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Those who forget history are condemned to repeat it!
by venkat on 2009-10-06 12:00:19.871362+05:30 Comrades. There seems to be a misconception that the crisis is new and because of corrupt union leaders. Nothing could be further from the truth. The seeds of banking 'reforms' were sown as far back as 1991 when Mannu was handling Finance. Way back then, the approach to the sector and to the unions was modified. Instead of a frontal attack, they (the govt. in collusion with the IBA) decided to adopt the 'sliced onion' approach. Keep slicing till there's nothing left of either the unions or their members! It is true, looking back, our leaders seem to have been caught unawares, but it is still not too late. We, the ordinary members are to blame too. How many of us, for e.g. have read the Anwarul Hoda commitee report? Or the Raghuram Rajan committee report on financial sector reforms? Both were very clear about what was to be done. If we do NOT actively participate,this is what we land up with. Lest us at least now resist the effort to destroy public sector banking in our country
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Let's plan a date to go for a mass sick leave
by amresh on 2009-10-06 10:24:57.799512+05:30 Are we kind of lost our pride and guts to stare in the face of reality ... For past so many blogs we are still discussing and resenting voices are heard ..but will it actually help us ovecome our problems.. Union leaders dunno have time to read our blogs .. and we are not writing these to vent our anger to calm us down. Let's thrash these plans of Union and IBA/GOVT allianance by coming to streets or going for a leave without informing these union leaders who are good for nothing . As long as we are not taking proactive aproaches and let union play for us they will keep pocketing cool money through bribe and all and we ll kep suffering .. enough is enough Let's fix a date for strike(may be kinda sick leave -symbolicaly) and spread the word to all employees so that we show solidarity to our cause. Also this will teach the union leaders a lesson that bankers are not at their mercy and " union is for us we are not for union"
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UFBU LEADERS AS THIEVES
by kannan devarajan on 2009-10-06 09:15:06.914278+05:30 ALL THE UFBU LEADERS ARE ACTUALLY THIEVES. THEY NEGOTIATE WITH IBA ONLY THEIR SHARE AND NOT FOR ALL BANK EMPLOYEES. ALL THE EMPLOYEES SHOULD JOIN TOGETHER, BOYCOT UFBU AND FORM A SEPARATE SINGLE UNION. AN INDEFINITE STRIKE IS NECESSARY TO GET OUR DUE SHARE.
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Mukherjee
by Goutam on 2009-10-05 22:08:40.203681+05:30 It is shame that bank employees are offered as meager as 17.5% when govt employees are offered much more. It is simply a conspiracy against the bank employees which should be protested tooth and nail without waiting for unions' directives. Common employees should rise to the occassion to fight against "Three Monsters" GOI,IBA and UFBU. Offering 17.5% is like providing hanging rope to the employees with the slogan " go and hang yourself"
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to all bank parivar
by kewal krishan on 2009-10-05 21:08:38.935257+05:30 to all bank staff parivar,in this time we should show our strength,please don't describe officer or clerk{this rift is beneficial to iba} unity is the strength {every one knows it} we should fight together.
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wage revision for officers and staff
by Dinesh Mittal on 2009-10-05 19:32:51.126627+05:30 In Banks officers are responsible for any financial loss because of officers service regulations are very strict, while workmen staff is governed by bi-partite and they are always beneficial. When both are getting same increase why bank's are not assigning duties just like central/ state govt UDC/ LDC so that customer service of the banks is improved.Secondly, why IBA is not reviewing deposit base of the bank's i.e. deposit of customers or departments before finalising increase in the wages.Now bank's are the financial back bone of the country and govt, IBA and others are making efforts to weak the banking industry or back bone of the country. For this bank's employees are not responsible rather only govt. is responsible.Please save India and save financial back bone of the country.
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WAGE REVISION IN BANKING INDUSTRY.
by RAJNISH ARORA on 2009-10-05 17:38:54.199871+05:30 It is really a matter of deep regret that one of the performing sector i.e. Banking is not being offered good salaries. This seems to be a calculative move by the GOI to crush the idustry slowly slowly. Possibly, Govt wants that no one should join the banks. Every body knows that Babudum of GOI works on which lines.It is really a state of panic that most professional people in service industry gets lowest only because of irrational thinking of Govt Babus and Not concerned approach of our Bank Leaders.
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DISCRIMINATION MADE BY GOVERNMENT
by RAJNISH ARORA on 2009-10-05 17:37:27.901966+05:30 It is really a matter of deep regret that one of the performing sector i.e. Banking is not being offered good salaries. This seems to be a calculative move by the GOI to crush the idustry slowly slowly. Possibly, Govt wants that no one should join the banks. Every body knows that Babudum of GOI works on which lines.It is really a state of panic that most professional people in service industry gets lowest only because of irrational thinking of Govt Babus and Not concerned approach of our Bank Leaders.
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wage revision, for bankers
by sangeetha meenakshi on 2009-10-05 13:48:30.59315+05:30 it is shame , in all state including tamil nadu state and central government staffs get good salary , just go and check with bank officers, they are working hard, not taking care for the family, no timing limitations for working, harassement from their higher officials, and mainly bank staffs, officers are not able to meet the cost of living ,their wards and family are in middle class living only, budget fixing, putting the wards in ordinary schools and most of the time all officers and their family sacrifycing the entertainments because of late hour workingso, union leaders dont think about the 10 15 17 percentage salary hike fight for all things , try to learn how to fight and get what u want from the employers , example from jet employees, NLC people and shiv sena peoples , not one or two days strike will do ,loss of pay no problem , fight until what we want , think about all things leaders ,not only wage hike think about all and fight atleast from now dont be slave
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Who are our UFBU Leaders
by Anil on 2009-10-05 13:04:49.206995+05:30 FreindsInstead of blaimng GOverment or IBA, let us understand what actually is going on in the name of Wage revision.1. Can some body advise me "How many UFBU leaders engaged in wage settlements are currently in Service ?"2. Since 2007, read all UFBU Circulars, you will come to know Leaders are settling their pension issues only. For name sake they talk of Wage revision. That is why they first time in January 2009 asked IBA how much IBA Can give for wages.3. How much our UFBU Leader would gain or loose if the wages are settled 7% or 17% or 70%. They are not affected by wage revision. They are affected only by Pension revision only.4. What will be arrear of a retired employee who retired in 1996, and is offerd a fresh pension option.5. Is it a Pension revision or Pay revision.5. Tell me in history of world where negiotiation were held for retired employee.6. Current employee may get arrear below a lakh, whereas retired person will get arrears in many lakh.
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1 Bank wage revision
by M S Sundaram on 2009-10-06 13:12:10.296295+05:30I really appreciate the awareness level among the bankers. This time the level of understanding is noteworthy, which was not at all there in the past. This is the reason the leaders take the members lightly and negotiate something on their own without doing any real home work and relativity of salary prevailing in other industry and Government sector. But this time, it seems that the leaders also understood that they cannot cheat the members any more. That is why reccently, I come across a circular issued by the Union demanding parity with Govt Pay commission and also written directly to the FM and had meeting with Minister of state for Labour. It shows some positive thinking is prevailing in the minds of Trade unions. Let us wait for a while.
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2 Bank wage revision
by M S Sundaram on 2009-10-06 13:06:16.270605+05:30Dear Anilji, it is quite right that the leader should talk about salary revision and not pension revision. But if you see government's pay commission, pension revision is part of pay revision. Pension is nothing but salary for the past service. Yesterday's employee is today's pensioner and today's employee will be pensoner tomorrow. You know many retired managers are drawing no pension or drawing a pension at par with a retired clerk in the Government. Let us not talk on employee present and past or Officer and clerk. Our effort should be to safeguard the living conditions of Bankers as a whole both serving and retired.
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1 Wage Revision
by anil on 2009-10-12 09:46:11.785525+05:30Dear Sundaraman JiI have nothing against retired employees. Pension is an option. Goverment should simply give it retired employee, without asking any contribution from employee. NOW UFBU Leaders have accepted it as a contributory option and perturbing part is 2/3 rd of wage revision is a share for pension burden and only meager 1/3 is part of wages. This is where it is pinching more. We all wish retired employees healthy and properous life , but please donot snatch 2/3 rd of fund from wages .
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2 Pay commission for wage revision
by NIDHI on 2009-10-06 20:03:50.4301+05:30Dear Sundaram Ji,The need of the hour is good wage revision and not pension revision if you want to get the best talent in the PSU banks. We should not give any more time for these useless Unions who have no agenda other than pension revision for retirees at the cost of current serving employees. Who have asked them to opt for PF when the rate of interest was high? If they have made the mistake then they should only be penalized. The low increase of just 17.5% is attributed to the fact that IBA has allocated a sizable portion of the funds for pension purpose. Therefore every person should resign from the union memberships immediately and there after put pressure on GOI to form a separate Pay commission for PSU Banks.
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banking industry's wage revision
by naveen on 2009-10-04 21:41:46.60792+05:30 This is the time to demand respectable life, good working conditions along with respectable hike. When lot-of technology have already been infused in the industry why can't we afford to have 5 days week when we have many other delivery channels other than branch. Many govt offices are for 5 days whereas bankers who have prolonged working hours hardly finding time for discharging their duties towards theirs families, their wards, their parents. No leader or Govt is looking the fact.so show the strength and fight for better working conditions also.
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Wage revision
by Karegaonkar S J on 2009-10-04 12:25:33.399878+05:30 As on 01/01/2006 govt class one officer (which is equal to banks scale one officer) has been given starting pay of Rs 15600.00. Bank officer should get minimum starting pay of Rs 20000 as on 01/11/2007. Clerks Rs 10000 and substaff Rs 7500. There should be seperate pay scales for different grades or grade pay should be introduced for the officers as per Central Govt. Additional 10% pay should be paid to Branch Managers and Executives heading field offices than the officers/executives working in second line. HRA should not be counted as part of pay of officers. It should be over and above the pay since it is reimbursement for accomodation rent.
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Wage Revision
by Bhatt Pushkar on 2009-10-04 10:11:40.046623+05:30 Bank employees, who are contributing a lot to the economy of this country have been paid far less than the class four employees of government.Fresh bank officers are being paid far less than the Employees like drivers and peons of central or state Govts. Bank employees in general and officers in particular have unlimited work to perform associated with the high risks of frauds, accountability, responsibility customers' pressure, business targets and other pressures from higher authorities. Many bank officers have been passed away and others have invited ailments forever.These all are gifts given to us by our visionary(?) leaders who were cropped up in the industry during the eightieth and ninetieth decade. These people have their own axe to grind.. They never worked in the offices or branches,always exploited their poor colleagues as well as the management,during their service period.And now they are sacrificing the interests of majority of employees for their own retirement benefit
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Wage Revision
by Bhatt Pushkar on 2009-10-04 10:00:03.623267+05:30 Bank employees, who are contributing a lot to the economy of this country have been paid far less than the class four employees of government.Fresh bank officers are being paid far less than the Employees like drivers and peons of central or state Govts. Bank employees in general and officers in particular have unlimited work to perform associated with the high risks of frauds, accountability, responsibility customers' pressure, business targets and other pressures from higher authorities. Many bank officers have been passed away and others have invited ailments forever.These all are gifts given to us by our visionary(?) leaders who were cropped up in the industry during the eightieth and ninetieth decade. These people have their own axe to grind.. They never worked in the offices or branches,always exploited their poor colleagues as well as the management,during their service period.And now they are sacrificing the interests of majority of employees for their own retirement benefit
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9th bi-partiate settlement for bank officers /employees
by C.Annadurai on 2009-10-02 19:50:12.442066+05:30 To those who do not know about the plight of Bank Officersyou should know the mental pressures which the officers communities especially those who are working as Branch In charge in single man and two Officers Branches undergoing when they are on work- customers' pressure; higher officials pressure with regard to customers' complaints besides targets set for achievements especially recovery of NPAs, monetary risk while dealing with high volume of work in terms of money and related work load. There are number of innocent officers lost their life, because of the above mentioned facts. And above all, the poor officer employees are being exploited by keeping them over night stay without any time limitation and remuneration whenever any type of new technology is being introduce. Sundays and Saturdays are not for this community. Since they do not find time to supervise their wards, their plight is very much pathetic. These factors have not been given proper attention whenever discussions on wage revision are taking place. But when we seek for just our share uncultured criticisms are coming in. We cannot blame any body else. We wonder whether our own leaders have any idea about our pressures and how many officers were died of stress. It is very painful to note that the wage revision talks are conducted casually as matter routine and not given any amount of importance to above matters. While announcing waiver / relief to borrowers in croroes and crores of rs.they would not talk about the economy and development
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1 9th bi-partiate settlement for bank officers /employees
by NIDHI on 2009-10-03 20:01:03.972622+05:30PSU Banks can also give wage increase comparable to central govt. employees provided following:1.PSU banks undergo mergers thereby reduce the establishmnet cost. There is no meaning in having small-small PSU banks region-wise.2. All Employees try to get rid of the current corrupt unions. The young people below 45 should form their own new unions which can take care of their needs. Because the current union people concern is only of retirees and those who are going to retire in 2-3 years.3. Implement transfer policy trasparently. Employee should not treat transfer as punishment but should demand better facilities like Good Accomodation, goods Bank schools (CBSE pattern) for their wards at reasonable cost etc.
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1 pensiion-retired employees
by R Kumar on 2009-10-05 16:16:38.363459+05:30one must understand the issues in broader prospect than in a narrow mind. The Unions have been with the staff in all the struggles and been achiving the settlments . Every body has to grow and reach super annuation, it is very narrow to think that all staff below 45 should form an union why not the staff below 30 years, what is the rationale. Think of the others who worked for the bank at very paltry salaries and suffering, as they have not opted for pention.
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2 9th bi-partite settlement
by venkat on 2009-10-04 08:05:11.420396+05:30This is precisely the kind of talk that helps the management to override the unions. Could you tell me WHY must we be transferred at all? What is the rationale behind it? You will realise that with the advent of computers, the last thing that we need is physical transfer of people! Also, merger of banks is something that Mannu and Chiddu have been talking about for a long, long time. What we fail to understand is that competition is NOT a few big banks fighting among themselves (Here, I would suggest that you read Adam Smith and Galbraith to understand the nature of oligopolies), but many small banks everywhere. Both these recommendations smack of somebody who is in favour of management.
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1 Bi-partite settlement
by nidhi on 2009-10-05 15:17:28.864242+05:30The rational behind routine transfer is less corruption in the system. I have seen people with 35 to 37 years in bank service without being posted outside their home state.Most of the employees are not coming against the current corrupt Unions because they think unions can play some important role in the transfer policy.
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1 Rationale
by venkat on 2009-10-05 18:04:22.552358+05:30That's a flawed argument. It makes an unwarranted assumption that if an employee is NOT transferred, he is prone to become corrupt. I think that presumes a tendency towards corruption. Also, it smacks of a slavish mentality that wants the 'good' management to protect the 'potentially bad' employee from the sin of corruption by transferring him every now and then, for his own good. Going back to the main argument, when you say there is no meaning in having small banks', could you explain precisely how?
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ramai
by pavei on 2009-10-02 15:45:20.97013+05:30 Comparing to the quantum of work that we bankers do, bank employees deserve much above the central governments servants pay hike. but our proposed pay hike is still miserably low. We bank employees cannot even live upto the standard of the our central govt. employees brethren eventhough the their work is minimal to the amount of work that we do. It is a high time that we stick to our demand for a decent pay hike.
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UFBU leaders .....lern from JET, IA leaders
by sunder rajan on 2009-10-02 09:26:48.739338+05:30 from last 2 years,talks after talks and result ....nothing.And at last 17.5 only.Are U all leaders thinking bank employees fool? very shameful. LEARN FROM OTHER COMMARADES LIKE JET AIRWAYS OR IA .NOW ONLY ONE TARGET SHOUD BE THERE, DO OR DIE.
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NEW VRS SCHEME FOR BANKERS
by RAMANI K on 2009-09-30 20:15:25.439776+05:30 Govt can come forward with New VRS scheme for Bank employees/officers as a part of revamping/redesign the work culture and at the same time it is a great relief to many erstwhile employees and they can upkeep their left over health (health of many officers deteriorated due to banking sector reforms)and unemployment problem can be solved.this is most important and govt can move the matter simultaneously along with wage pact
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Lets expose these leaders and the UPA govt
by amresh on 2009-09-30 10:05:24.827633+05:30 Who are these leaders and why are they acting smart ... sitting in te five star hotels and yumming on the foods over there ... do they truely belive the bankers are fools to not see trough their wicked design which stretched the wage talks for more than 2 years . When cetral govt awarded 50-60% hike they took 18 months that too why they had to take care of som many staffs across all starta.. These smart gentlemens(leaders) fighting their battle (rather make it appear as a fight) for 17, 13 15 17.5 percent .. huh.. coz IBA is willing to bribe them ... Why the heck the govt poke its nose in the affairs of the Bankers who have delivered 42k crore profits and not let it distribute the benefits it raped aongst it employees. I think its high time we should lodge a strong protest and go for a nation wide campaigning to expose the real face of this govt and leader, IBA blaw blaw...
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wage revision
by H R MEHTA on 2009-09-29 22:15:22.555759+05:30 we should accept wage revision simeltaneously with fixed working hours for officers
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banks wage revision
by rashmi ahuja on 2009-09-29 18:37:39.405193+05:30 we must ask for interest on arearers from nov 07 on fixed deposit rate.why this is due since nov 07.wage must be revised in nov 2007. why it is being prolongled.It is great harrasment with the labour class people.where is the chief labour commissioner. The matter will be court case and the matter will be filed in cousumer forum against the ufbu and iba and finance ministry.
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Wage Revision of Bank Employees
by Harish Kumar on 2009-09-28 20:05:56.154684+05:30 it is a matter of great concern that Govt. is providing Debt relief and OTS facility to the defaulters,but not ready to make the wage revision of the employees those are earning profits. it is also very shame full that the leaders always increased their salary and allowances with in one hours by passing the bill or issuing ordinance.
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wage rivision
by suyash on 2009-09-27 19:49:30.23207+05:30 you are fighting forthe person whohave already retired,it is shameful.you donot even know how much liability
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1 wage revision
by M S Sundaram on 2009-09-29 15:43:37.966561+05:30Suyashji, yesterday's employee is today's pensioner/retired. Today's employee will be pensioner/ (retired) tomorrow.Do not differentiate serving and retired employees.
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1 wage revision
by NIDHI PRIYA on 2009-09-29 21:22:42.624011+05:30Sundaramji, Why you have opted for PF when the rate of interest was high. And now when it has fallen down you want pension. It was your decision that time and current serving employee who opted for pension should not suffer the loss because of your mistakes done earlier.
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1 Another Pension Option
by Karegaonkar S J on 2009-10-04 12:13:19.874909+05:30Nidhi PriyaProbably you do not know that all bank employees irrespective of their option as PF or PENSION are contributing to PENSION FUND since 01/11/1997. If some one contributing to Pension Fund since last 12 years and asks membership to it, whats wrong in it? IBA and Union Leaders are responsible to this situation. Actually at every wage settelment option for pension or PF shpild be called, since changes are made in rules. In the interest of Natural Justice, whenever changes are made in the set of rules for pension or pf, it is right of employee to exercise fresh option.
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bank officer pay
by khan on 2009-09-26 10:35:45.599071+05:30 banking industry is in the grip old and exhausted leaders led by some clerks having no desire or ambition in their career.They should not be expected to protect officers dignity.It is high time that officers association should completelydisassociate from these leaders and think independently.
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fore go the petty increase
by ravi shanker on 2009-09-25 00:32:59.46816+05:30 It is a matter of immense pain that the bank employees who work for 10-12 hours a day are being offered meagre 17.5% increase.we are not dogs,let's forego the piece of bread thrown to us.The time now calls for a historic revolution in the banking industry.Our pay structure has put us in shame.we should observe indefinite pen down strike.
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Untrustworthy Leaders.
by A Rao on 2009-09-20 21:35:04.895968+05:30 Bank employees have now started realising mischiefs being played together by leaders and IBA. Leaders are bribed long since 1984 and infact CBI must investigate all financial dealings of IBA. But IBA being government agency , that will not happen. Bank employees should engage some private agency to investigate the issue or appeal news reporters to investigate. Mean while employees need to boycott all unions and resign because they are not protecting interests of Bank employees. Managements on the other hand demoralised all leaders by hook or crook -- promotions and transfers. So forming new union and creation of able leadership is a one more challenge. Let the settlement come latter.
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1 a very valid point
by amresh on 2009-09-30 09:50:46.061326+05:30I feel u have raised a very strong point about the exus between the Leaders and IBA. They are playing with the wishes and emotions of Employees and they should be replaced with new set of leaders ...
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BANK WAGE REVISION
by SUBHAKANTA on 2009-09-17 23:02:07.239547+05:30 HUMAN WANTS ARE UNLIMITED BUT NECESSARY WANTS SHOULD BE FULLFILLED.NOW IN BANK NEW ASST SALARY IS JUST 7000. JUST THINK...? IN ANOTHER SIDE 2)BANK INCREASE THE WORKING HOUR3)MORE WORK LOAD 4)EVERY Q IS VERY IMPORTANT 5)VERY RISKY JOB BUT SALARYIS ...? NUMBER OF STRIKE/MEETING HELD BUT WHAT IS THE RESULT.LETS ALL EMPLOYEE OF BANK SHOULD OBSERVED INDEFINITE STRIKE VERY QUICKLY TILL NOT FULL FILL THE DEMAND.CRA,SBI GHARGHODA,(04887)C.G,AND THE HIKE SHOULD BE IN MINIUM 40% OR ABOVE AS COMP WITH OTHER DEPT.
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Leaders have become puppets in the hands of IBA and GOVT
by ramesh on 2009-09-16 19:56:57.049207+05:30 It is surprising that the Leaders of united forum are taking about 17.5% increase when the whole world talks about 40 to 50%. I wounder what has gove wrong with these elected leaders????????If our leaders are not interested in asking for more how can we expect IBA or the GOVT to give more
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1 be sensible
by Amit on 2009-09-26 12:42:01.593909+05:30if u r ready to accept the pay revision after every 10 years , u can also clain 40% pay hike , smajhe ullu....
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1 bank salary revision
by m s sundaram on 2009-09-27 15:56:44.98529+05:30Amitji, please understand the concept do not go by the % and period. 30 years back Bank officers salary was equal to that of a class I officer of Govt. Today a Bank officer's starting salary (Pay DA) is Rs 15200 as against Rs 26670 of class I officer. So work out % increase a banker need today.
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banks salary revision
by kumar on 2009-09-14 20:38:13.336792+05:30 It is shameful for the bank employees that they are fighting for a meagre 17 to 20 percent hike. where as the central govt employee got a hike of 40 to 50 percent with two days weekly off and no tension of any budget or rural assignment now all the talented person of banks started searching for other jobs or started leaving the bank and joining other institutions only dull and lethargic peoples will be left in banks after few days, these are because of rigid attitude of iba and government. Now I am feeling shame in telling others about my job and salary. Our leaders are also going for strike and sit ideally for a month i am surprised that why their demand is only 20 percent if you look on the market the prices increased by about 40 percent of everything.
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1 Bank employees/pensioners salary revision
by Gurpreet Singh on 2009-10-14 04:09:24.200886+05:30You are right, it is very shameful for the bank employees that they are fighting for a meagre 17 to 20 percent hike in salary. Our leaders should look at the hike in salary of central government employees who enjoy five days week less working time. In my opinion our negotiating team negotiating with IBA should be replaced as most of these leaders are retired. They are not bothered about our demands. Further, if salary of central government employees is increased, pensioners also get the benefit and their pension is also increased. Whey step motherly treatment with bank employees. Salary of bank employees shouold also be increased to atleast 40-50 percent and also pensioners should get benefit of increased salary. Pensioners pension should also be increased atleast 50%.
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Bank employees wage negotiation
by Parameswaran on 2009-09-09 21:31:58.936684+05:30 Members should be prepared to shell out more for the unions. More the delay more will be the contribution to the union. How the unions will survive without any contribution from the members. Almost all settlement are delayed by more than two years. No exception for this settlement. Hope by the end of this year bank employees will get revised pay.
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Bank wage revision
by M S Sundaram on 2009-09-07 21:22:31.551296+05:30 After the 2 days strike in August, UFBU has informed the CLC that a formal meeting will be held first among the unions to discuss the IBA's offer and sooner the bipartite talks will begin with IBA. Though a month is lost, there is no information about the formal meeting among the unions (members in the UFBU) and consequently talks between UFBU and IBA. It seems the wage talks have become a game of hide and seek. They will have one discussion and take a breathe for a month. Both sides will forget, where they have left last time and start everything afresh. Simply to say, the union leaders are making the members fool with the support of IBA and Govt. Nobody has real concern to take up the matter seriously and to settle the issue at the earliest. Whenever the members start murmuring, immediately they will call for a strike and later it will be withdrawn showing some offers from IBA. Subsequently it will be forgotten by both the sides. What a pity.
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1 horrible wait
by Raktim Paul on 2009-09-23 18:56:24.636993+05:30The whole story of wage revision has been reduced to a farce.When they were willing to give us 17.5% during earlier talks,then why could not they accept the deal .Now the sitation is very satirical indeed
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assistant
by kkr on 2009-09-07 16:03:29.790179+05:30 take resignation from all union leaders at once and some young leaders should place at their.your problum will automaticlly solved,you will no doubt get 35-40% hike in your wages.
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intervension by govt for wage revision for banks
by hgbansal on 2009-09-02 20:55:24.405586+05:30 govt should come forward to redress the grievances of bank employees as it is already too late .wage revision should be in line with wage revision of central govt employees.
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UTTER DISCRIMINATION
by rashidnajar on 2009-08-31 14:41:50.571215+05:30 THIS IS ALL POLITICS, IF IT WOULD HAVE BEEN ELECTION TIME, DEFINATELY THE GOVT WOULD HAVE SETTLED THE ISSUE VERY EARLY THAT TOO AT A REASONABLE INCREASE - NOT
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Bank wage revision
by M S Sundaram on 2009-08-31 13:39:09.96318+05:30 Govt of India is very generous in offering a pay hike of a) 30-40% to Govt employees as per Pay commissionb) 200% to Judges as per Judges Pay commissionc) 35% to Lecturers and 50% to Professors.d) Many State Govts also followed the same path.The entire out-go is out of budgetary allocation.Whereas in the case of Bank employees, it is dilly dallying at a shameful 13 to 17.5%. When Indian Banking Industry has withstood with the financial crisis world over, and made profits in leaps and bounds, the administrators are feeling pain to offer a decent increase in wages at-least at par with the Govt employees. Where does the weakness lie? Is it at the Union level or at the IBA level or Min of finance. Any how all of them have to hang their heads down, for prolonging the issue for nearly 2 years without any firm decision.
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Wage Revision of Bank Employees
by Antaryamee Behera on 2009-08-28 11:49:46.859081+05:30 The story of the wage negotiation of Bank Employees is the story of betrayal by the Govt.and IBA combine.Given the financial performance of the Banks in last 3/4 years the Govt./IBA should have voluntarily and gratefully increased the wages of the employees at least by 25/30 percent.Ironically the Banks have made provision for the expected wage increase and are enjoying the tax benefit but are at the same time delaying the benefits to the employees that too in a period of recession.A business analyst cant not but feel pity for such irresponsible behavior of the decision makers.They don't know the magnitude of damage they are doing to the moral of the employees on which the credibility of the system rests.
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1 Wage Revision of Bank Employees
by Namrata Priyadarshini on 2009-08-28 13:32:06.595925+05:30Most aptly put.I understand that the aggregate profit of all the PSBs for the year 2008-09 is Rs 42000 crores.Even a fool would agree that this is the fruit of the efforts and labour of the Bank Employees.When Govt. has increased the wagees of the GovtEmployees(some of them loss making)by 40% what is the problem of the Govt in giving justice to the Bank Employees. ?
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2 Wage Revision of Bank Employees
by Namrata Priyadarshini on 2009-08-28 13:30:30.487285+05:30Most aptly put.I understand that the aggregate profit of all the PSBs for the year 2008-09 is Rs 42000 crores.Even a fool would agree that this is the fruit of the efforts and labour of the Bank Employees.When Govt. has increased the wagees of the GovtEmployees(some of them loss making)by 40% what is the problem of the Govt in giving justice to the Bank Employees. ?
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High drama of the union ...
by amresh on 2009-08-28 10:00:02.924677+05:30 Will somebody ask the Leaders of Union , what are they up to for last 2 years ... Making this negotiation one of the longest ever drawn out war in the hisotry of india after independence . How can they talk about 17-18 % hike when the govt has awarded more than 40% hike to it's employees. Rising prices have only added to the misrely of the folks. He whole drama of fiorst increasing the hike to 17 and then decreasing it to as low as 13 and again after the strike bring it back to 17 % to make it appear as a win of the union is quite obvious . Also the merger , which is imminent and very important to the industry is being opposed for the reasons well known the union leaders only. If associates get merged with the SBI not only they will benefit in terms of salary , perks but it will also ad charm to their brand and a better chances of being posted all over country as per their choice. Will somebody lend an ear to it ....
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1 High drama of the union ...
by madan nath goswami on 2009-09-06 15:18:15.569146+05:30i appriciate your comments.nainital bank ltd lalkuan (nainital)09761581041
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govt's foolishness
by shsmani on 2009-08-27 20:41:48.399615+05:30 Our politicians and Govt officials are either mad or foolish because for bank employees who have made more profit now a days and sufferring because of more work load, less staff they are giving only 17.5%.Their foolishness is confirmed because of the reason that they have now issued 5 rupee coins similar to 50 paise which will make confusion even to literate people. India is not England or USA and every citizen is not literate or having cat's eye so also our politicians.
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1 What's the drama all about ....!!!
by amresh on 2009-08-28 09:55:41.945246+05:30Will somebody ask the Leaders of Union , what are they up to for last 2 years ... Making this negotiation one of the longest ever drawn out war in the hisotry of india after independence . How can they talk about 17-18 % hike when the govt has awarded more than 40% hike to it's employees. Rising prices have only added to the misrely of the folks. He whole drama of fiorst increasing the hike to 17 and then decreasing it to as low as 13 and again after the strike bring it back to 17 % to make it appear as a win of the union is quite obvious . Will somebody lend an ear to it
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DISCRIMINATING WAGE REVISION
by J.S.LOTEY on 2009-08-27 10:43:58.444547+05:30 About 10 years ago Indian Bank employees were highly paid in the country, but now they the lowest paid workers.It is only the discrmination policies exhibited by the government for various times.All the times wage revision is delayed by 2 years or more than that.This times Government has betrayed after commiting 17.5% to 15% and then to 13%.Still it is in suspense about everything till it gets a final shape.Now most of the bank staff is frustrated from government attitude towards them, now after success in elections centre is turning a deaf ear to banks.If it continued for more time , once again the old time of seventees will be repeated when the strikes continued till the settlement was given the final shape.So, it is up to govenment of India if they want smooth running of banks or not.
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Remember unity we stand and devide we fall, so stand firm unitedly,
by s.banerjee on 2009-08-26 15:24:05.759185+05:30 Yes, I understand that 3/4 bank's growth and profit is well ahead than their counterparts. But this is impossible to prepare a separate improved wage structure only because of their better performance for them. After introducing CBS in banking system the officers are now required to be more responsible and sincere in their daily duties, in addition, they are requied to be transferred at any point of time for the interest of the bank, whereas, the clerks in banking industry face limited responsibilities with limited viable transfer. So the pay packeges may be improved more for officers. But for the interest of immedidate settlement of bipartite (9th) UFBU should bergain taking all unites unitedly under its umbrella. Otherwise government will try to play foul and try to delay the process of negotiations. I would appeal all units including SBI, BANK OF BARODA etc not to hand over age old control of our bank union's unity to the IBA and the government
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Wage Settlement to Bank Officers
by V VENKATESWARLU on 2009-08-23 17:45:01.198924+05:30 The present day working of Bank Officer is more critical and difficult in nature because of expectation of the customer. .All the Banks are doing well in earning Profits and the same is due to committed work force.There has been a tremendous improvement in the pay structure of Central and State Government employees after 6th pay commission.Since the job of the Bank Officer is more risky due to Linking with Financial transactions and the same is not compensated by pay package.Most of the time spent by them in the Office only due to Lack of Sufficient Man Power .The Government should think and protect the dignity of Bank Officewrs to run the Financial System of our cuntry very healthy.Even the Banks could implement the Agricultural Debt Relief Scheme very effectively in a record time and the same was acknowledged by then Union Finance Minister.The UFBU leaders should keep all in their mind and take up the cause with Union Finance Minister
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wage revision
by SANJEEV on 2009-08-20 00:09:34.994786+05:30 THE WAGE REVISION IS GETTING TOO PROLONGED. AS IT IS CLEARLY UNDERSTOOD FACT THAT RISK, RESPONSIBILITY AND WORK PRESSURE OF BANKER IS MUCH MORE THAN ANY OTHER ORGANISATION EMPLOYEES. HENCE, BANKERS DESERVE A BETTER COMPENSATION THAN OTHERS. BUT THE OFFERED HIKE BY IBA IS JUST BELOW ACCEPTABLE. OUR VOICE IS ALSO NOT CLEAR. TIME AND AGAIN WE COME TO KNOW THE DIFFERENCES AMONG THE LEADERS OF DIFFERENT BANK'S UNION. THEREFORE, I WOULD LIKE TO GIVE ME OPINION IN THIS WAY THAT GOVT. SHOULD FORM AN INDEPENDENT TEAM COMPRISING BANKERS,GOVT. REPRESENTATIVE, ACTUARIES, OTHER EMINENT KNOWLEGABLE AND EXPERIENCED PERSON TO RECOMMEND WAGE REVISION. THE TEAM WILL KEEP ALL THE MATERIAL FACTS LIKE WAGE WITHIN AND OUTSIDE INDUSTRY, WAGE IN OTHER COUNTRIES AND ABOVE ALL THEY WILL BE ABLE TO CONSIDER THE PRINCIPLE OF RISK AND REWARD IN THE WAGE REVISION.SANJEEV
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Need for fair wage revision for bankers
by Neeraj on 2009-08-19 23:53:25.742005+05:30 It is needed that the officers of PSBs should come forward to demand parity with the Group A services' salary of the Central Government. The officers associations should appeal to the central government to take over the responsibility of pension payment to all the existing retirees and future retirees of banks . The issue of salary revision at par with the Central Government officers should be the main agenda. The pension assets and the liabilities of all bankers be taken over by the government as ultimately the PSBs' bankers are the public servants only.
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1 fair wage revision
by vineet srivastava on 2009-08-27 16:25:37.313503+05:30Our Union Leaders are corrupt and in competent. That is the reason for paltry salaries of bank employees today. They are insisting on pension rather than wage revision. These isues should be delinked.
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2 awge revision
by NPDAS on 2009-08-26 16:45:34.511459+05:30Good suggession
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3 awge revision
by NPDAS on 2009-08-26 16:45:10.535325+05:30Good suggession
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Bank wage revision
by Rajesh on 2009-08-19 22:08:50.830906+05:30 Today Govt is considering a wage hike of 20% for MLA
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pay revision
by anuraag sharma on 2009-08-19 01:28:53.096592+05:30 The above mentioned recommendations stand absolutely justified.The Pillai Commission implementation can only restore the dignity and self respect of the bank officials.The examination for the bank probationary officers is as tough as CDS or State Civil Services.The bank managers are working much more hard than many other government employees.Since the pay structure is inadequate to meet the daily requirements of life , there are instances of corruption also.The government should treat the bank employees at par with the other central government employees as per the recommendations of the pillai commission.the bank employees/officials work from morning 0900 hrs to evening 0930 hrs in order to serve the citizens of our nation better.They play a huge role in currency regulation and economic developement of the nation.Even the lecturer in a government college is given a gazetted rank , then why not the bank employees.The so called leaders should take notice of this fact and do the needful
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WAGE REVISION OF BANK EMPLOYEES
by SUJIT on 2009-08-17 21:30:05.377519+05:30 Risk adjusted reward is too less for bank employees now. a bank clerk does not deserve a salary even equal to a chowkidar of a panchayat.What the UFBU LEADERS have been doing since last two years.
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BANK's WAGE REVISION
by RP BHALLA on 2009-08-17 17:15:51.092762+05:30 So far a mess has been made by the United Forum. Instead of demanding for the employees in service, they are demanding pension for those who have retired so many years back..... at whose cost....at the cost of the current employees, their families and their dependant parents. There should be two different type of settlements only....one the persons who have already opted for pension and should not be victimised and the other who will be given pension now and without any pension for previously retired employees.....so as to give maximum to the present employees who are putting in their blooded hard work...to look after their families and parents..
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1 Reply to RP Bhalla
by POTHEN on 2009-08-19 06:45:21.083032+05:30Hello Bhalla,One day you may also have to retire.UFBU is demanding a just and legitimate pension option which was past due to then bank employees after removing so many negative conditions laid at the time of providing pension. Don't forget that the bank you are working now also grown to this level because of the hard work othose retired employees while they were working. All these banks are not supposed to forget the old folks who worked for them while providing a fresh pension option
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1 pension
by dpnsimha on 2009-08-26 16:50:55.269621+05:30I fully endorse the views of Mr.Pothan
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relevance of IBA in wage negotiaton
by babli on 2009-08-15 22:18:13.758095+05:30 This time the 2 days srike call has reflected the sponteneous anger and frustration of bank employees.Inspite of pathetic condions they have poured huge profits regularly. Frustration is neither good for the system nor for the UBFU leaders.An amicable and just negotiation is demand of the day.If IBA is just a postman?
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Pathetic working conditions Vs Wage structure in banks
by R.K.Arora on 2009-08-14 16:02:31.003365+05:30 It is indeed pathetic to see bankers working condition today.Unsuited tech
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central/state govt: employees Vs. bankers
by Yashwant Bindal on 2009-08-14 10:09:48.105436+05:30 banks are dealing with financial sector of the country. When under 6th pay commission every central and state govt: employe got huge hike in there salary then why not the same treatment will be given to bank employees. I think this discremination will lead the path of dissatisfaction amongst the bankers and other govt: employee. Please think about it before finalising of wage revision talks.
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BANK WAGES
by K S RAMANI on 2009-08-12 21:05:06.847955+05:30 Bank Job is no more respectable and neither customer nor bank employees/officers are happy on service delivery due to defective tech and ultimately mental agony,health problems are faced by them. Total mismanagement and no unions suggests their correction formula on the issue.ATM problems are many, bank officers are unable spell out their grievance. It is better the bank management should introduce user friendly tech,atmosphere and manpower expansion than wage pact at least to safe guard their health
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wage revision
by a k singh on 2009-08-12 09:09:46.980176+05:30 UFBU leaders deserve to be beaten by bank's employees for not making proper demand. To be comparable with entral Govt. they should have demanded 100% increase as they have alredy not got at par with 5th pay commission. In case of govt the 40% increase in 5th
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Bank wage revision
by M S Sundaram on 2009-08-11 13:13:02.622706+05:30 The bankers instead of going for a bipartite negotiations with IBA (which has no powers to decide)and demanding for a pittance of 17.5% and 20%, can ask the Govt to form a Bankers pay commission. A pay commission will certainly look into all aspects of the past, present, compare with Govt employees, other PSEs. Moreover, pay commission will have the power to decide and recommend to the Govt for implementation. You know in the sixth pay commission wage increase for Govt employees is 30%. A newly formed judges pay commission has recommended for 200% increase. So our leaders can think wisely and demand for a bankers pay commission. Let the leaders think about the interest and importance of the members and not their self importance.We will wait for some more time to get justice through a pay commission.
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shameless goverment policies
by A. rawat on 2009-08-10 23:58:22.94062+05:30 as far as i knw people from govt offices are dumb. i really mean it. they r dumb. just eating money of tax payers. dis is all at the cost of financial sector employees. its so disgraceful. how does it make sense to have such a pay commision??. financial sector is the base of the economy. and we all knw wat the bank employee goes through.may be chidambaram should get his basics right. he should take have some coaching classes if he forgot the basic economics.
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MASS MOVEMENT BY BANKMEN
by K BALASUBRAMANIAN on 2009-08-10 22:05:48.967563+05:30 AS AGAINST THE CLASS I OFFICER S BASIC GRADE PAY DA AMOUNTING TO 25000 HRA CCA not included .Bank officers existing pay at the starting level 10000plus da5000 increase 15% it may not be more than 17500 in any case /difference of 40% excluding hra cca including that there is going to be a difference of 50 % this difference will persist upto the level OF MAXIMUM SCALE VI WHICHshould be atleast 70000 if not 80000 or 90000. hence only course left is to seek interim relief of 20% excluding pension plus banking paycommission by a supremecourt judge vis a vis comparison to central govt /public sector pay revisions , if this is not being done then thre is no future at all and this will never be rectificwed it is worth going for indefinite strike and beforethat union delegation along with influential ruling patryty mps plus prominent opposition mps to meet PM BEING A FINANCE MAN plus FM PLUS SONIAJI. K BALASUBRAMANIAN CHENNAI
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Bank wage revision
by M S Sundaram on 2009-08-10 14:54:42.25363+05:30 In 1979, PCR fixed the basic pay of Bank officer at Rs 700 at par with Class I officers of Central Govt. Today the Pay of Govt officer is Rs 21000 (B.Pay 15600 Gr. Pay 5400)and with DA 22%, Pay DA works out to Rs 25620. Whereas for Bank officer it is Rs 14986 (B.Pay 10000 DA 49.86%). See the awkward position bankers are placed. It is not 20% or 40% the gap is 70%. Will the IBA, Govt and the Union will open their eyes.
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1 wage revision
by a k singh on 2009-08-12 09:05:01.193717+05:30your leaders have taken money which central gov leaders won't. This is the differenceYou compared only BP DA why to ignore HRA which is 30% in Govt whereas in banks it is 7.5%. Thus total gap comes to 100%. Further you work 6 days a week for 12 hours whereas the govt employees works for 5 days a week and lots of french leave
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Let welfare state come back
by D. Varadaraja Rao on 2009-08-10 09:28:05.199932+05:30 Pension for all bank employees - is a genuine demand as the original pension plan itself was out of an unclear agreement which misled many employees to opt out of a welfare scheme like pension(!). Since our government has ceased to be welfare state since 1992, with opening up economy and the might is right state of affairs coming to stay, expanding such welfare measure is being opposed. One more pension option must be given to these financial sector employees to restore welfare spirit, when the government talks of covering entire population by pension plan. Regarding wage hike, again the IBA/Government are at fault in reducing the agreed hike from 17.5% to 15% and then to 13% over a few sittings. No citizen appreciates such moves by govt. Why compare with private sector, which till recently paid high pay packages to its employees. As to sacking in private sector in contract with nationalized banks, private sector too should strive for achieving job guarantee, a welfare state spirit.
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Bank wage revision
by M S Sundaram on 2009-08-09 15:24:18.847306+05:30 Apropos comment dated 7th Aug by K Balasubramaniam, I am very happy that at least one person has opened up the issue of Parity of Bank officers and Govt Officers in 1979. Infact, Pillai Committee (PCR) has brought down the Bank officers to the level of Govt.Officers. Today the Bank officers are awkwardly below the level of Govt Officers in respect of salary and allowances. Why the leaders are talking on salary increase in percentage terms, which varies in each bi-partite. Instead, let us put a stop and demand (atleast) parity with the Govt officers, so that our interest will be protected by the Govt pay commission, which is very generous towards the Govt employees.
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Wage revision
by Sathyamurthy on 2009-08-07 23:33:19.878862+05:30 THE ONE AND ONLY SOLUTION FOR THE TROUBLES OF BANK MEN IS NOTHING BUT S C R A P P I N G O F T H E I B A ITSELF. CAN ANY OF THE SO CALLED LEADERS TAKEN UP THIS CAUSE IN ANY OF THE FORUMS.
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Bank strike
by devendra on 2009-08-07 21:15:47.405325+05:30 Fighting for meagre rise of 17.5% shows the inabilities of our leaders.These have vested interest and believe in politics and power instead of the welfare of bankes.We must come out openly and root out the cowardice leaders.They are not capable of being a leaders.My humble request to all bankers is that do not allow any one of them to become our representative.They lost the mandate then how can they negotiate?They must come out openly and negotiate at par with central government employees.
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bank pay revision
by K BALASUBRAMANIAN on 2009-08-07 14:56:52.40727+05:30 APPEARANCE AND REALITY GOVERNMENT MUST OPEN ITS EYES AND SETTLE THE BANKMEN PAY REVISIONThe strike call by the bank employees and officers is the full creation of the IBA /Government combine. After successive failure of talks after withdrawal of the strike actions during the past they left with no other alternative but for getting the strike plan materialized. After bringing down the salary of the officers during 1979 on par with the govt officers citing equal work equal pay principle, the same govt increased the salary of their employees multifold by successive pay commissions, Good attempt. They are denying the same to bank employees. The public sector salaries also were raised. For every area they are matching the salary as per VI the pay commission. Bank employees were categorized neither as govt employees nor as public sector employees. If govt employee means, they should get scales as per VI th pay commission. If public sector mean they should draw more than that. Since the unions /associations lost a good chance of bargaining before elections by hearing the false assurances of the govt/iba without strike action, they are at the disadvantage position. When commissions are appointed and their hefty recommendations are simply accepted by the cabinet knowing fully well that it will cause a huge deficit what is the reason for standing in the way of bank men salaries that are payable out of the profit generated. Even after the revision they are not going to be even near to the VI th pay commission levels. God alone will save them, as the government is not looking the demands on a scientific manner. Financial sector employees are the best paid in every nation for obvious reason, When attracting talent, retaining the talent is applicable for Government, public sector undertakings/IIMS/IITS will it not be applicable for financial sector. Recruits of 1970s and 1980s started retiring and the huge vacancies are to be filled up by people with good talent for which attractive compensation packages are a must. Government should take a practical approach and settle the issue with much liberal package then what the unions are asking for in the interest of the nation. The same is applicable for wage negotiations to be followed by LIC RBI ETC.K Balasubramanian Chennai
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MR.
by RAJESH on 2009-08-06 23:13:21.77222+05:30 I DO AGREE WITH THE OPINION GIVEN BY RAMESH RAJ. WHEN GOI NOT MAKING ANY PROVISION FOR SALARY REVISION FOR THE BANK EMPLOYEE AND IT IS A PART OF OWN PROFIT OF THE PARTICULAR BANK THAN WHY GOI STILL NOT GIVING CONCENT FOR GOOD SALARY REVISION. THE CURRENT QUARTER RESULTS ALOS SHOWS THE HAND SOME INCREASE IN PROFIT AND BANK OFFICERS ARE WORKING IN TREMENDOUS PRESSURE. LOOKING TO THIS FACT 17.5% INCREASE IS NOT A VERY GOOD OFFER AND IT SHOULD BE MINIMUM 20% NET INCREASE WITHOUT THE CALCULATION OF PENSION PART.
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wage revision- Thrust should be on working hours
by manmohan singh on 2009-07-30 20:58:24.535698+05:30 The Bank unions should not talk on any other issue than asking for fixed timing for its members esp. officers who are made to work upto 9.pm daily and on holidays. They are also not treated with due respect, more so, when most of them are in the age group of 45-55. The Branch heads are to face a lot of stress in the meetings.
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worthless bank union
by c.radhakrishnan on 2009-07-28 18:30:39.337663+05:30 bank union spent two years for getting 15% wage revisioneffortless worthiless. as per present work pressure for bank employees need of atleast 30%increased wage revision
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bank wage revision
by M S Sundaram on 2009-07-26 15:54:17.17015+05:30 Dear leaders, please talk the wage revision as per Pillai Committee recommendations. PCR placed officers at par with class I officers of GOI. Today the basic pay of a class I officer is Rs 21000 (B.Pay 15600 Grade Pay 5400). Let us demand parity and do not talk on quantum increase. In the last 7 to 8 years, Business has improved by 4 times, Profits have gone up by 10 times. Man power is reduced to 20%. Per employee business and earnings have grown tremendously to 5 times and 12 times. So what is coming in the way of our legitimate wage revision. Govt is paying the salary out of budget allocation. Whereas, banks meet the salary out of their earnings.Infact, going by the growth rate, we are eligible for salary increase of 100%.
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1 bank wage revision
by umesh mehra on 2009-08-03 23:10:51.038219+05:30I fully agree with the view of this gentleman that only a commison like Pillai Commission can restore the dignity and respect of the bank officers. These union leaders are nothing but a bunch of jokers and opportunists who only want to play power games without any serious thinking about the future of lacs of bankmen. Whether it is UFBU or AIBEA or AIBOC all of them are in collusion with the management and think about their vested interests not bothering about the general staff. In the name of unity they blackmail gullible bankmen and create a situation whetre strike beomes the only option. I appeal to the bankers not to fall for these bloodyfools and rather ask for a pay commission to look into the wage parity or the best is to ask for Central Govt. scales at par with what was decided by the Pillai Commission more than thirty years ago
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dy manager, punjab national bank,ibb new delhi
by Surinder Singh on 2009-07-25 20:46:45.2965+05:30 Our GOVT do not shirk in saying openly that our banking system is very strong while the whole banking systems in the world is collapsing. We nationalized banks earn huge profits and put up hard work and brain in executing day to day work and we are offered small hike in comparing to govt employees who are given 50-60 raise. Will the govt give favorable consideration of our demands for wage hike!
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banks wage revision
by ramesh rai on 2009-07-22 21:10:28.135384+05:30 why the strike is for 2.5 % hike only and why not for 25 % or 30%.The strike is called for to restore 17.5 % only.In one day strike at least 100 crore salary will be deducted and in two day strike naturaly it will be 200 crore and if the strike is prolonged as indefnite and if is 6 or 7 days it becomes 600 to 700 crore.The amount 700 crore is enough for GOI and IBA to make increase from 15% to 17.5 % .It shows the capability of our united forum. They are fighting for bankers salary revision since last two years.can you imagine ? what is need of these brokers ufbu and iba ? why not commission is set up for bankers salary revision ? The provision of fund for salary revision has to be done by individual banks from their own profit and not GOI .The bankers are demanding from what they earn then why GOI is so worried .It is totaly biasness of the GOI.The GOI is misusing the rights of the bankers.
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Another pension option for bank employees.
by sathyanarayana on 2009-07-20 21:08:26.495576+05:30 During the last two Bipartite settlements the bank unions never pressed the issue of another pension option with complete disregard for the welfare of the employees. This time better wisdom has prevailed on the union leaders and they are adamantly fighting for this demand. Each and every employee should keep in mind that there kith and kin will cleverly take away retirement benefits from you and leave you on the foot path. Then only your pension that you get every month will provide you your daily food and nothing else. I request all the union leaders to keep this in mind and steadfastly fight for the pension benefit atleast this time and get it at any cost. Hello union leaders are you listening?
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UFBU HI HI
by MITU on 2009-07-16 23:22:33.756854+05:30 It is really unfortunate that our so called leaders have failed to get a decent wage revision for us. We must kick out these middleman if we donot get to the desired level of wage negotiation. A 30% hike (min) for all Banks with ability to pay, (don't equate gramya Banks with others) else face the consequence. We will go for indefinte strike....
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bankmenwagerevision
by s.h.subramani on 2009-07-16 20:53:53.330965+05:30 As a retired banker, I wish to comment that youngbankmen are under the impression that indefinite strike is the best solution to obtain anything and everything.It is not so and Govt. is not foolish enough to shake their head whatever demanded. Though it is fully justifyable to demand 20% wage hike, Govt. should also consider the request in a reasonable way and should not prolong for a very long time. Genuine demand should be considered within a reasonable time with out induceing them to go on strike. In the recent cost of living, inflation economy, bankmen are also like other people. They are placed under heavy risk and officer employees are taking risk in their head and sitting most of the time in banks only forgetting their family and spending in tension,pressure. In the present computor world, prolonging the wage revision talks is not justified. Chief Labour Commissioner should advise/instruct the Govt.suitably.
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bank wage revision
by M.Rangarajan on 2009-07-16 18:01:39.431925+05:30 It is very regrettable that union announce for 2 days strike after waiting almost two years from the date of expiry of settlement.The union should have taken such steps if no amicable solution is reached within six months from the date of expiry of the settlement and the union should take vigorous steps such as indefinite strike,till we succeed our demand. After waiting for 2 years it is ridiculous to go for even 17.5% hike. Atleast by now the union should be stubborn to get minimum 20%hike. Otherwise there is no point in going 2days strike after a long gap of 2 years.
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wage revision of bank employees
by rks on 2009-07-14 23:31:26.242445+05:30 banker usually get their salary revision at the cost of strike. every time when there is a wage negotiation, there must have some strikes of 2/3/4 days . why? the bipartite agreement when expires, the new revision should have been done. the central govt. employees don't go for a strike , they have their pay commission.bankers are not begging, they all deeply tied with their job loads and responsibilities, for better living and to see the smile in the face of the family is it not possible to give a better salary package to the bankers? if not then IBA sirs, pl. don't hike our salary even if by 1%, we are poor, and will be poorer, garibi to hamara dharma hai. we may be poor but we are not beggars.
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pay revision
by dewashish on 2009-07-09 00:35:44.372307+05:30 why we banks can't have a hike same as any other PSU ? We do the one of most important work - running our economy ! Why ? Why finance Minister -- ? You shall intervene . IDBI Came to implement 70/30 pay structure. We do have family. We can't run our household with such a mere salary , give our childern a better future. Pls Stop this suppression.
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wage revision for bank staff.
by s.k.mohanty on 2009-07-08 06:21:37.817522+05:30 Bank Staff should insist for a pay commission in the line of 6th pay commission to fix salary and pension or it should insist extension of 6th pay commission report to bankers as is done for profit making psus of central government. IBA chairman is also a bank staff. While negotiating salary for bank staff, it is implied he is settling his own salary, is it permissible under law. There should be an independent commission to work out pay scales.
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Talk to GOI instead of useless intermediary called IBA
by NIDHI PRIYA on 2009-07-05 12:42:41.907106+05:30 To get reasonable wage hike all Bank Unions should talk to GOI instead of useless intermediary called IBA. If IBA is not empowered to take a decision on its own and for every thing again it has to talk to GOI, then there is no reason Bank Union talking to them for anything. Its seem only thing IBA can do is to delay the wage revision process by another 6-10 months.
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Wage Revision of Bank Employees
by R. A Baba on 2009-07-04 12:32:36.219155+05:30 On the behest of GoI IBA is cleverly doing dilly dallying tacticts in allowing much needed revision of wages of bank employees whileas same Govt. was generous to all central and state Govt. employees by allowing 35 to 40% hike of their salaries. As IBA has even gone back to 15 % increase after offering 17.5% earlier raising a question mark on credibility IBA. Indian economy seems more resilient in face of global meltdown because of a strong banking system playing a pivotal role and nobody can afford to give rise unrest among bank employees and compel them to go on the path of agitation. Any mishandling of the issue will have definitely adverse impact on the economy. Let UFBU give a deadline for 10-7-2009 and prepare for indefinite strike for seeking wages at par with central govt. employees.
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current status
by anand on 2009-07-02 14:34:30.06989+05:30 what is the current postion in wage negotiation?
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wage revision
by utpal on 2009-07-02 11:32:14.34484+05:30 WE COULD NOT ABLE TO CONVENIENCE THE GOVT THE IMPORTANCE OF BANKS IN INDIAN ECONOMY, OUR VITAL ROLE FOR NATIONAL INTEGRITY AND OUR ROLE TO MAKE THE WHEEL OF PROSPERITY AND GROWTH OF THE NATION.OUR PAY IS NOT COMES FROM BUDGETERY ALLOCATION RATHER UNION GOVT GETS DIVIDENTS FROM OUR INCOME.THEIR INTERFEARENCE DISRESPECTS EFFICIENT MANAGEMENT,WORKERSAND GOVT.LIBERALISATION POLICY AND PROFESSIONALISM.WE MUST PROTEST.LET US BEGIN NATIONWIDE CUSTOMER CAMPAIGN AND BOYCOTIBA ONE SIDE WAGE NEGOTIATION MEET.
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bank wage revision
by khan on 2009-06-27 17:43:17.36634+05:30 ENTIRE BANK EMPLOYEE COMMUNITY AND IN PARTICULAR BANK OFFICRES ARE FEELING HELPLESS SINCE LAST 2 YRS.SINCE BANK EMPLOYEE LEADERS HAVE ALMOST FAILED AFTER ASKING 40% AND NOW BEGGING FOR 20%.GOVT
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Wage revision of Bank employees
by Ajit Singh Tomar on 2009-06-26 17:17:55.855072+05:30 Today a peon in Govt.sector gets more than what a Bank clerk gets in Metro. centres. Similarly a primary school teacher/ Sr.assistant gets around the same amount as a Scale 1 officer gets in Banks. And look at the responsibility / accountability of Bank employees. They live in constant fear of forged signatures, fraudulent loan clients and meeting unrealistic targets set up by the Management. Long hours, clients demand, unrealistic targets and continuous sword of accountability hanging on their necks have affected the health and productivity of Bank people.I dont think Bank people will get a respectable salary any more. Gone are the days when the Bank services are considered next to the administrative services.They should now learn to live as a low paid worker.One more thing. Bankers are not dealing in papers and files only . They are dealing in Money and exposed to more risks and responsibilities.Their salary package should take care of these facts.
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incapable union leaders
by mahesh saini on 2009-06-26 11:41:36.678917+05:30 our union leaders are so old. they deaf and dump.
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STEP MONTHERLY TREATMENT
by CHADA on 2009-06-25 22:57:50.715697+05:30 PSB employees are helping the state and central govts to implement their programmes. They were forced to work till midnights and even on holidays to implement Govt schemes like FARMERS debt waiver etc without any overtime wages. PSB employees (including Peons) have forgotten the name of BONUS when most of PSU employees and even Officer cadre employees in Indian Railways are getting Bonus. EVERYBODY CHEATS OTHERS FOR MONEY ONLY (INCLUDING POLITICIANS) BUT THE POOR BANK EMPLOYEES ARE FORCED TO DEAL WITH SUCH DEADLY MONEY daily spending sleepless nights getting nightmares of FORGED SIGNATURES, FORGED NOTES, FORGED PROPERTY DOCUMENTS. AT THE COST OF OFFICERS HEALTH THE PSB managements are increasing PROFITABILITY AND PER EMPLOYEE BUSINESS. SO LET THE SO CALLED MAJORITY ? UNIONS PONDER OVER THESE POINTS.
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OUR LEADERS
by RAJIV GUPTA on 2009-06-25 17:53:11.559808+05:30 OUR PRESENT UFBU LeaderS ARE INCAPABLE AND THEY ARE UNABLE TO NEGOTIATE FOR OUR SALARY HIKE WITH IBA AS PER THE PRESENT MARKET DEMAND/LEVEL. MORE OVER THEY HIDE THEIR IN-EFFECIENCY BY BOOSTING HAY WARE.AS SUCH IT THE RIGHT TIME FOR ALL THE BANK EMPLOYEES TO GO FOR THE CHANGE OF OUR LEADERS.MOREOVER THE IBA SHOULD ALSO THINK THAT DUE TO THE BAD PAY STRUCTURE THE QUALITY OF THE STAFF RECURITED IN THE PAST FEW YEARS HAS ALSO COME DOWN DRASTICALLY. I THEREFORE PERSONALLY FEEL THAT DUE TO THE DECLINE IN QUALITY/QUANTITY OF HUMAN RESOURCE THE FUTURE OF PUBLIC SECTOR BANK IS DOOMED
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bank wage revision
by M.rangarajan on 2009-06-23 15:30:51.119767+05:30 While Central Govt.employees are offered 40% hike,why not to bank employees,who works under risk of forgery and cheating. Moreover,the banks are collecting tax and TDS on deposits and assists Central Govt.by shouldering their work. So the UFBU should not accept 15% or 17% hike and should be ready to go for agitation programme, including indefinite strike,till we succeed 20%hike in wage excluding the load for pension.t
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banks wage revision
by rohit saxena on 2009-06-21 18:25:58.086496+05:30 Every bankers are anoyed for what they are getting return in respect of their labour and devotion.UFBU is fool and making fool to bank employees and playing role to abolish the future of bankers.But IBA and govt. do not understand that economical position in india will be declined by these workers of the banks due to financial harassment.workers will not do their actual responsibilities for progress of the banks networth and profit.Now-a-days not a single worker is kneen to perform his duty with interest wo what will happen the back bone of the economy will come to an end just like american banks.These all will be due clever IBA and GOI and our united forum of fool unions. If the devoted bank employees and their family will be hungry the economy of india can never improve and any worker of bank can not work with smiling face and can give smile to cutomers ,banks and in such condition economy will automaticaly ruin and even GOI can not smile then.
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PSB Bank Officer Wage
by Kumar on 2009-06-21 13:28:26.331517+05:30 I agree. PSB Bank Manager's salary is less than the peon salary of other public sector organisations. I don't know, what Bank unions are doing? They are simply cheating Bank officers/employees. They should not agree for 17% hike. They should go for strike till they get 50% hike same as other public sector organisations.
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IBA wants to fool us
by Asit Kr Dey on 2009-06-18 17:40:32.613761+05:30 In an industry that is regarded as the lifeline for the nations economy, which is realigning enterprises and industries from sinking to debt traps, the employees who generate tens of thousands of crores in cumulated profits in the PSBs, to deny them a modest and fair and reasonable wage hike in line with the 6th Pay Commission, is criminal. Given the hazards and inherent job-risks, the employees in banks are being denied a fair share of the profits that they make for their banks. IBA has been taking benefit of the patience and resilience of the employees. It is time that statistical data on the expenses of top executives of PSBs, their incentives and perks, and the costs incurred to implement their failed policies - are published and shown to the general public. This delay is yet another attempt to satisfy the greed of investors who are standing on the shores of the country to milk away these national treasures. Stop this loot and start paying the employees their rightful share.
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globlisation
by jitu bhai on 2009-06-18 16:05:05.579078+05:30 all public sector banks should gone through camels
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WAGE REVISION OF BANK EMPLOYEES
by S Goel on 2009-06-18 12:23:13.808994+05:30 IBA is making a mockery of the revision. After offering a load of 17.5% it has gone back and in the name of GOI has reduced it to 15%. It is very clever of them. On one hand they got the pension sharing by employees increased from 1500 crores to 1800 crores, while on the other they have reverted back to 15%. It is only to counter the demand of 20% load. By doing so IBA will restrict it to 17.5% ecpecting UFBU to plead with IBA to restore it 17.5% forgetting demand of min.20%. IBA surely knows the capability of UFBU leaders.I had written a couple of months back that there is no need to negotiate instead UFBU should quote the figures give adeadline and leave it to IBA to accept it or not. UFBU now should give deadline of 30.06.2009 with 20% load and sharing of pension burden at the revised figure of 1500 crores. If IBA is playing the games why UFBU should be far behind. Let us act with dignity and not beg for a revision.
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ghosh
by pabitra kumar on 2009-06-16 00:11:15.785774+05:30 The bank employees are struggling for wage hike.Govt.has agreed upto 17%. Central govt. employees are enjoying 40% wage hike without any strike or wage cut. we the bank employees are not enjoying 23% discount on everyday's expenditure.so,please hike our wages at par to central govt. employee.
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Bankers wage
by Dharmpal mehta on 2009-06-12 23:25:13.175083+05:30 Central Govt is offering just 15% to bank against 50% hike given to PSUs and Govt employees.This is ridiculous when banks have been playing a pivtal role in economic progress of the country and in the election of congress . Banks should not accept less than 40 % hike. Just compare- the salary of 2 year PSU officer and 10 year old bank officer is same.Since next elections are very far, govt may give a raw deal to bank employees.Banking job has become unviable.
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WHY BANK EMPLOYEES SHOULD SUFFER?
by subrata ghosh on 2009-06-12 21:56:11.420308+05:30 Bank employees work more sincerely than most of the other organisations.Till date bank is considered as most honest organisation but the way it is treated,it appears that nobody likes honesty.Seeing the financial condition of the world it looks odd to talk about salary revision but when our government can increase salary of other organisation up to 40% than why there is double standard for other organisation and that too for banks?
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banking eighth wage revision
by snehasis routh on 2009-06-11 23:47:39.593771+05:30 please increase wages/ salaries of bank employies at least 20% of present gross salaries. present market is so high that we bankers are not able to balance with everyday's expenditure.all central and state govt. employees are getting new salaries with 35 to 40% hike. why bankers will not get? please consider the matter.
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wage revision
by manish singh on 2009-05-13 21:03:27.660663+05:30 today i was reading in hindu that IBA offering us 15% hike isnt this ridiculous they are talking about we know how much risk and pressure we are taking in our work.every psu banks giving profits how.it is only because of us and what we are getting nothing in compare to that private banks then why we will work in these organisation .we have to take this wage revision very seriously and called a indefinite strike if our wage revision will be less than 100%.i dont know how we will survive with our family in these metropolitan cities without any accomodation and other facilities
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High Time to Negotiate Bank Employees for wage revision
by k sudhakar on 2009-05-13 16:40:08.359627+05:30 The Bank employees are due for wage revision in Nov. 2007. Now we are in May 2009. It is rediculous to discuss and discuss about wage revision even after 1 and 1/2 year. Without any further delay, wage revision should be done basing on the market conditions. Bank employees to be treated at par with other PSUs particularly Navratna PSUs. IBA should fight for wage revision to be implemented by end of 2009.
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confusing
by anand on 2009-05-13 13:11:30.89338+05:30 can anybody clarifies how much will be the take home pay for a JMGS-I officer(10000 basic now) if the wage hike is settled at 40%(assuming) by ubfu and iba?Because there are lots of newly joined persons like me are confused over this issue.
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condition of bank employees
by jatinderpal singh chadha on 2009-05-10 10:23:04.146616+05:30 bank employees are the most neglected class,a peon in government service is better than a bank officer in a public sector bank. Beaurocrats and union leaders are responsible for their condition. Bnank unions have not gained anything for bank employess after com.Parwana rather they have sold bank employees to bank managements.
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where is money to be motivated??
by Pranav on 2009-05-06 10:33:46.153487+05:30 The whole banking fartenity has done tremndously well to face newer environment of universal banking.staff productivity has gone off and all bank has reported handsome profit post 2000.employees has well taken the work pressure.but reward structure is becoming bad day by day.The assistant and LDC staff of central govt are better of to bank staff.mangement is trying to throw some peanuts to employees in wage negotiation process.If this is the attitude,days are not far where you will see typical sarkari attitude in banks.where will be the motivation....?
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Pay revision
by Anuj Kumar on 2009-05-04 16:44:21.188054+05:30 IBA shouls understand that economy will not remains the same forever. If they would not hike the salary of Banker they will really face the talent crunch. Because whenever the economy will improve we will put in our papers and join the pvt sector bank.Public sector bank should think very seriously that their business are not to provide the training and nurture the employee. Some costs are alos associated with it.
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shameful salary package
by sanjay kumar on 2009-04-28 18:22:59.446116+05:30 despite being banking sector is a psu wages given to their clerical cadre employees are less than a centre govt. peon who draw salary of ten thousand plus. and a clerk get Rs 7600 So its better to become a peon with no stress, this is shameful give them the salary of public sector
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wage settlement is flop show
by suresh narang on 2009-04-27 22:03:49.756334+05:30 despite several round of talks and discussion of the union and IBA there is no result for one and half year. union leaders are not leaders but are bargainer for themselves only. management is taking advantage of the weak union leaders . leaders have demoralised the banking officers and workers. banking hours, working hours have increased but the wages have decreased simultaneouly
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shameful salaries of bank employees.....
by mandalnath on 2009-04-20 08:38:49.259662+05:30 bank employees are facing worst time in respect of salaries n work...lot of work to do n miserable salary to disappoint everymonth....now the something positieve has to done for the respect and survive of the bank employees
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banks wage revision
by kumar gautam on 2009-04-19 08:17:09.753136+05:30 It is the Bankers who are the most neglected employees of this country only bankers knows that in how much stress they are working and how less they are paid in comparision to other sectors one time will come when nobody will be nterested to join the bank and all the talented persons will leave the bank and that time everybody will suffer not only the govt but this gerneral public it is our UFBU leaders because of whom we are suffered this much what they were doing when they were knowing that election may be announced any time now this is the time to chage our leaders they are thinking only about their pension because they are already retired or going to retire very soon , this is the time to elect young leaders and we should not compromise with IBA in less then 80% hike otherwise we should go for indefinie strike they only these persons will know. Why we are begging for 20% and iba is offering us 10%
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wage revision
by rahul kumar on 2009-04-18 15:39:29.337171+05:30 i think we should n't accept salary inrcrease below 40% because if you will compare work pressure and risk involved in banking services with other sectors it's almost hundred times higher than that. so pl don't accept alms of 13 or 20%let's be prepare for struggle against this discrimination.
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Wage revision of Bank Employees
by Ram Prasad Nayak on 2009-04-13 17:11:52.658233+05:30 All Bank employees please note carefully that unless you hurl a shoe or two at 'somebody' nothing is going to happen as all UFBU leaders are hand-in-glove with IBA. Can you imagine these leaders are no union leaders. They all are aristocrats. Can you belive that working committee meeting is slated for 22.04.2009 - decided on 03.04.2009. Can anybody tell me why it should require a notice of 19 days. Are the leaders so busy that they cannot meet at a notice of a day or two. It is very clear from this that they themselves do not want to conclude the wage revision for their own vested interest. So let a shoe or two be hurled but before that beat up the entire leadership with the shoes.
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lets have mass resignation frm Unions
by ashish mishra on 2009-04-12 21:50:39.436409+05:30 lets start resigning from the respective unions and form an online community so that the clear message can be given to the leaders, no regret with the government as they have given hefty some pay revision to each of the PSU's if bank's union have no guts than we member are responsible for that i still don't know and don't believe what face these leaders are having sitting in AC chambers and cutting off from reality. the sorry figure is that my future dreams are in their hands and definetely they will settle for a mere 20%, just see the salary slip of an ordinary govt employee in the month of April and we all will realise what we do and what we get.
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wage revision
by anil bali on 2009-04-12 21:00:46.053656+05:30 ubfc is concerned about our fate. this is irony.let them put there own house in order before presching us whom to vote of.they wil oppose for sake of opposion not for the sake of putting things right.ubfc oldies please forgive uis and leave us alone. for gods sake dont come to us with 13% increase we are better without that
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it is time for doing something positive
by sunder rajan on 2009-04-11 21:11:35.034327+05:30 please show courage
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banks wage revision
by Karan Bir Singh on 2009-04-10 22:18:20.372622+05:30 there must be some conspiracy going on between ubfu and IBA to deprive 9 lac bank employees of their legitimate demands. These UFBU leaders are on sale and we the bank employees are going to pay the cost
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banks wage revision
by akash chandra on 2009-04-08 18:45:32.462537+05:30 UFBU Leader now teaching us at aibea site where I stand but they do not know where they stand.They must remember that they are not professor or lecturer to teach us that whom should I vote.They must answer all the questions otherwise resign. (1)Why wage revision is due since 15 months.(2)Why they are begging at 13 %.(3)Why they did not call indefnite strike in March 09. (4) why they did not demand as first option for wage revision.(5)Whether they should not interest at term deposit rate on arearer to be paid.(5)What they did for enhancement of gratuity.(6)Whether they did not preside meetings for talk on wage at very long interwals.(7)whether they are liable to levy on such conditions.(8) whether they are not playing with the future of bankers and their family.(9)whether they have not any communication gap between their members.(10)wheter they will settle wage revision before 2010 and at 40% .
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Bank wage negotiation 2009
by rahul on 2009-04-08 14:05:08.79862+05:30 Why do we need a brokerage agency like IBA for wages. Why not direct talk to the Govt.or set up a commission like Bank Commission.There is no need for UFBU.Endlessmeetings with no result must end.Meetings have become timepass for bank leaders as well as IBA representatives.Why does meetings take place at different venues.I need a mimimum rise of 40 %.BUT IS ANYBODY LISTENING?
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wage revision for bank employees
by ashwani on 2009-04-05 10:02:54.644225+05:30 UFBU leaders are befooling the banks employees. The delay in wage revision and low offer of IBA is because of UFBU leaders wrong approach,. In fact UFBU leaders should have called for indefinite strike before announcement of election and at that juncture IBA had to accept the offer. UFBU should apologise for the mistake. In fact the old leadership now leave and handover the leadership to bankers in age group of 35-45 so that they may take drastic steps. Old leaders are only interested in getting benefits for self. It is only UFBU leaders who are responsible for making banker's salary worst from best. In 1990 the bank officers salary was more than college professors now it is less than primary school teachers. Then how UFBU leaders are justifying that bankment settlement is for 5 years. This clearly indicated that even aggregate increase by two bipartite is fal less than one pay commission. In fact UFBU should now demand Pay commission for bankers.
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WAGE REVISION IN BANKS
by Sudhakar on 2009-04-01 21:11:17.334505+05:30 God help us Bank Employees. The job is stressful and risky. The competition is growing. Perform or Perish the top brass says.But NO WAGE REVISION. PSU Officers got their second jump in no time. We are still struggling. The issue is beyond comprehension.
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wage revision in banking industry
by v.suryanarayana on 2009-04-01 17:56:44.20387+05:30 Even a child of 4th std knows that elections are going to be held in april or may of 2009.All the unions of salaried class either in state govt or in central govt or PSUs have bargained wellt with the govt before poll code and got good deal. Why ? Is it that our leaders are not showing interest like their counter parts in other sectors? Or our leaders are not best bargainers ? Or what else making them for this type of dilly dallying ?
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PSB-Wage Revision
by Ram Prasad Nayak on 2009-04-01 14:24:42.186957+05:30 The credibility of UFBU leaders is well known. Mr.Venkatachalam is busy with his foreign tours (God knows who is funding it-members or somebody else). I tend to agree with some of the comments that Bank Employees should seek some other alternative. I am sure that present leadership is not capable enough to lead the Bank Employees. They have their vested interest. All office bearers wants to become Directors in the Banks and for that they are prepared to sell anything including the honour and prestige of Bank Employees. I tend to agree with Mr.A K Singh that the negotiations are going on in a clandestine manner. GOD SAVE THE BANK EMPLOYEES.
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WAGE REVISION OF PSBs
by SUJIT on 2009-03-31 21:15:19.18728+05:30 WE, THE MEMBERES CAN NOT UNDERSTAND WHY THE UFBU IS SILENT SINCE 27/02/09 ON WAGE REVISION TALK, EVEN UFBU DID NOT INFORM US ABOUT THE FUTURE COURSE OF ACTION TAKEN AT THE MEETING HELD ON 05/06/09.THEY HAVE BEEN KEEPING US IN THE DARKNESS. BUT WHY?
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WAGE REVISION-Bank Employees
by S Goel on 2009-03-31 11:07:21.198961+05:30 I think there is no urgency on the part of anybody to settle wage revision of Bank Employees. It is really a pathetic situation. In times when Balance Sheets of the Banks can be published within 30 days of the close of the accounts-wage revision taking more than one and a half year is deplorable. It is high time Bank Employees find an alternative method of settling the issue. Much talked meeting with the labour minister and the FM did not yield anything positive. Perhaps knocking at the wrong door. Silence of UFBU leaders after 27th February is certainly a cause of concern. In my view the leaders should give final figure of 20% load with 25% sharing of pension fund deficit(already offerred) and leave it to IBA to agree or not to agree. In case of non agreement future course of action can be decided. It must be done in a time bound manner. Let the last date be 30.04.2009.
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Banking
by Ramachandran on 2009-03-30 18:18:01.241014+05:30 There cannot be any comparision of the contribution of Indian Banking Industry mainly led by the PSBs with the Central Govt./State Govt departments. PSBs have been at the forefront of growth of the Indian economy. PSBs have been rated as more stable than the so called efficient global banks (which are collapsing like a pack of cards). This is mainly due to the honest employees of the banking industry. Unlike Govt. Departments which can rake in money through corrupt practices, Banking industry is still relatively clean. Hence the demand for an increase in salary should not be frowned upon. Leaders of UBFU are behaving most irresponsibly by not closing out the issue and settle the rightful claims of its members. Delays would result in losses as arrears are not paid for the entire period from which the settlement takes place.
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banks wage revision
by ravi prakash on 2009-03-30 17:30:48.950506+05:30 in my opinion sbi employees should demand their union that they must come out of united forum and demand their own wage revision. sbi is always in loss joing the united forum in view of their much benefits than others.sbi is largest bank in the country and making better profit than others.so the union of sbi must not afraid of any further consequences.beacause it is the largest bank having more than 16000 branches and the sbi union can take all the confronting responsibilities on their own shoulder.It will be better regards for sbi union by sbi employees and also better future for sbi employees.
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Collective bargaining by IBA
by HR Panwari on 2009-03-29 12:13:51.888568+05:30 After Central and various State Govt. paid a heafty salary hike to their employees as per recommondations of the 6th pay commission, demanding suitable compensation by the employees of the other sectors including banking is justified. You can not deny them mearly because they are not Govt employees, after all the inflation is the same for all.IBA's option of collective bargaining is only to save the weaker banks. I am also not agreed with comments of Mr Somnath Pai who describe the PSU Bank employees as non-computer savvy,doing routine jobs and drawing heavy salary. How much you would like to rate the Govt employees comparing to the PSU Bank employees ? Still they have got the heavy hike in the salary then why the Bank employees denied. I think this is their legitimate right to get the same because they are asking from the profit earned by the banks by their hard working and they are not asking from the Govt.
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IBA wage revision
by somnath pal on 2009-03-27 07:52:57.54732+05:30 Bank employees are demanding higher wages. Alright, but are the bank employees are aware of certain facts that they can not overlook.1. In the present scenario, lion's share of banking operations have been taken over by computers and latest technology. Are the PSU award staff aware of this fact ?2. All PSU Banks need to resort to cost cutting to generate surplus. How can they do that with a large number of clerks are simply engaged in routine banking. They are not computer savvy and are being hefty salaries looking to the nature of jobs they are doing. Their average salaries range between Rs.20-28000 whereas in Pvt. Banks only5 to 10,000 are paid for similar jobs.3. In some PSU Banks still there is huge staff in big cities whereas in semi urban and rural areas there is shortage.4. In some PSU banks management is still fraid of mobilising award staff from surplus to deficit areas. Now, tell me how Public Sector Banks can improve profitablity.
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1 wage revision
by vijay on 2009-03-27 19:18:45.277847+05:30what do you want to explain you can only understand nobody else
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wage revision for bank employees
by aksingh on 2009-03-25 19:30:54.259049+05:30 I have heard from some leaders of officers association that talks with IBA is going on in a very clandetine manner and almost wage hike of 17% settled. In case it is true than this the biggest betrayal with the bank employees as if we consider the 5th and 6yth PC hike of 40 40 (80%) hike, against which bankers have got only 11.25 12.25 i.e 23.50% so this time they deserve 56.50% hike to be at par with govt employees and lot of other benefits like 52 day bonus for working on Saturday. I request UFBU leaders to give reply for my calculation as they have been always misguiding by saying that bankers settlement is for 5 years whereas that of govt is on 10 years basis.
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wage revision and union leaders
by madhu sudhan on 2009-03-25 09:15:18.943124+05:30 Every banker should realise that the leaders of all unions are cheating the entire bank employees. So some revolution between our bank employees is required for better life in the banking industry
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1 bank employees pension demand
by naresh on 2009-06-21 10:27:46.382563+05:30it is intriguing that all leaders are drawing pension benefits whereas most of their colleagues are without the pension benefit just because of misguidance of their so called leaders, how they themselves grabbed the same is puzzling
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real fools
by bankloyal employee on 2009-03-22 11:41:52.789468+05:30 the members are real fools ew believe on leaders they cheat us some revolution should takeplace all these old rtd leaders who are not inservice should resign
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wage settlement of banks
by rashmi on 2009-03-17 21:30:15.942935+05:30 union leaders misguide us and do not clear the picture,always said we will settle the wage settlement before election but could not finalise.they cheated our feelings,other union leaders finalise the wage settlement but bank union leaders failed.
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wage revision for bank employees
by aksingh on 2009-03-15 08:34:01.505065+05:30 All bankers ,come on let us unite and vote for defeat of UPA/LEFT for not paying heed to demand of bankers whereas giving more than 80% increase to fellow citizen (Central Govt employees) in 5th and 6th PC and form alternative union/association. The present fiasco on wage revision is all because of UFBU .In fact the UFBU leaders are main culprit as they have been always delaying talks and always informing that election will not stop negotiations. But their silence after 27th Feb clearly indicates that they are fearing arrest. In case they can not sacrifice they should leave their post and make some young staff as their leaders.
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wage revision for bank employees
by ashwani on 2009-03-14 08:20:19.874198+05:30 It seems UFBU leaders have become silent due to fear of getting arrested for making call for strike in the light of General Elections. After 27th Feb. there is no development. The UFBU leaders were always telling that election will not be hindrence in case of wage revision for bank employees ,then why they are not informing future course of action. They have betrayed bank employees, therefore they should leave their leadership and hand over the baton to young people. After 5th
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Wage revision
by Rakesh on 2009-03-06 18:06:43.856739+05:30 The bank employees , surely deserves a good hike in salary, given the increase in Central Govt salaries and their workloads vis a vis our workload. We are ready to wait for some more time but it is now the responsibility of UFBU leaders to see that our genuine demands are met. I propose some altternatives for UFBU to think about in this direction:-We should go to the office with black armband to show our dissent.We will not go for strike .If things donot improve in 1 month, we should work for 10 to 05 only and we should not extend any additional cooperation to management during yearly closing and Statutory Audit process. No Central office inspectors should be given importance and it should be enusred that they pay their food exp on a daily basis. No new towels and other things. They should be attended to , when there are customers in the branch and they should also not attended to after 05 PM.
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bankmen wage revision
by sunil sethi on 2009-03-01 19:24:23.093726+05:30 Bankmen wage revision always ignored by the govt.
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1 wage revision
by somnath pal on 2009-04-08 08:51:32.427227+05:30Are all public sector banks being run on professional lines barring a few ? You get what u deserve.
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salary - a doubt .....
by seenu on 2009-03-01 17:56:49.009511+05:30 we need strike , we are not begagrs , when peons too get 15000 in central govt , why the officers should get less , for all this mess , former FM is responsible , kick him out , defeat him lets close down the banks , then only govt fools will think abt it , we should not allow atms to operate too . lets see , what the govt fools will do then ,
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wage revisison
by Straightforward on 2009-02-26 08:18:28.09849+05:30 Elections are likely to be declared before 28th February,after that no decesion will be taken and wage revision is likely to defer by another 1 or 2 years. After that memories of 5th
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wage revision for bank employees
by ashwani on 2009-02-25 08:21:10.83025+05:30 UFBU leaders should meet Sonia Ji
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we need and deserve 100% hike
by abhijit on 2009-02-23 15:20:58.209412+05:30 we are being treated like beggers. we are being paid less than chaprasis in cent. govt.we have to work for 12-14 hrs a day and even on sundays.we have to shoulder tremendous fin. respocibilities.we have to face sleepless nights (re. npas and bad loans) we have to lend to pmry such other shcemes and still have to bring profits and have to maintain healthy CAR. we have care about health of psu banks and nation. but who cares about our b.p.? who cares about our collegues who are getting heart attachs due to tremendous stress? niether govt. nor iba! officers are working under worst working conditins for peanuts. even no frill a/c holder is also shouting on us and we have to maintain our calm. i dont think govt. is going to do anything for us.we have to unite and vote against upa.or afterc this recession period we have to move on to pvt sectar jobs if not given 100% hike.
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Wage revision of bankers
by R.Ravishanker Joshi on 2009-02-23 10:21:52.429329+05:30 I request the UPA govt. to instruct IBA immediately to give fair increase in wages to bankmen in line with govt employees. I need not reiterate that Bank employees are as important to the economy as lynch pin is to a cart.
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BIPART SETTLEMENT
by ANAND C.WANKHEDE on 2009-02-21 18:49:06.519103+05:30 IT IS ALWAYS DIRTY GAME PLAYED IN CONNECTION WITH SETTLEMENT OF BANK EMPLOYEES.ALL THE TIME THEY HAVE TO DEMOSTRATE ON ROAD FOR THEIR DEMANDS SOME TIMES THEY HAE TO USE LAST WEPON OF STRICK.EVEN THEN IT IS NOT SETTLED SYMPATHETICALLY.WHEREAS CENT. GOVT. /STAE GOVT. PSU EMPLUYEES IS SETTLED WITH IN ONE OR TWO ROUNDS OF TALK.THIS INDICATES THAT NO BODY IS THERE TO TAKE CARE OF BANK EMPLOYEES WHO SERVE THEIR ENTIRE LIFE FOR SURVIVOR OF BANKS AND INDIAN ECONOMY BY GENERATING PROFIT .BUT AT LAST WHAT THEY ARE GETTING.IBA
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BIPART SETTLEMENT
by ANAND C.WANKHEDE on 2009-02-20 11:18:53.42655+05:30 IBA
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9 th wage revision of psb employees
by SUJIT MANDAL on 2009-02-19 20:52:04.683294+05:30 UFBU LEADERS MUST RESIGN FROM THE LEADERSHIP BEFORE THEY FAIL TO SETTLE THE WAGE HIKE LESS THAN 40%. DONT FORGET 6 TH PAY COMMISSION WAGE HIKE
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bank wage revision
by sujit on 2009-02-19 20:23:19.776455+05:30 Ufbu leaders are requested not to sell their heads to the iba, blackmailing the general members for wage revision. don't settele the issue below 40% inrease. give firm and iron-strong message to the iba and go to indefinite strike untill the demands are full filled, paralyse the entire economy
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wage revision
by ashwani on 2009-02-18 16:23:02.445254+05:30 Bankers should unite and vote against UPA goverment for not instructing IBA suitably to increse wages at least by 40% and clear indication to UFBU leaders that they are not sole proprietor for the cause of bankers. In fact UFBU leaders are brokers and back stabbing the fellow bankers for self gain.
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wage revision
by rajan.s on 2009-02-16 21:09:07.820463+05:30 All bank employees should come closer through net..Should show there strenth of one voice for wage rivision issue.Instead of beleaving their leaders,who R making them fools from many years.wake up,don't worry,our collective voice can do much more than individual.Convay our meessage through each other
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wage revision for bank employees
by a.k.singh on 2009-02-16 07:36:42.845929+05:30 settle within Feb.09 itself otherwise election will be declared and settlement will be delayed.Simply give the revise structure of central govt to iba and ask for the sae on 5 days week formula. If iba don't agree go far indefnite strike.anything less than 50% would mean betrayal of bank eployees.presently officer basic is about 40% of central govt. class I. whereas before 7th bipartite banks officers were more than govt. empl.
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Wage revision of bankers
by R.Ravishanker Joshi on 2009-02-14 16:06:08.712004+05:30 It is evident that Mr S. Banerjee has not opted for pension. I would like to ask Mr. Banerjeee as to what prevented a them from accepting pension last time
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bipartite agreement of bank union
by S.Banerjee on 2009-02-14 14:46:08.382955+05:30 second option for pension should be one of the vtal priorities as nearly 75% of total bank employess (including retired employees) did not opt. agreed that increase in salary is the most vital one for unions but the co workers should not ignore the huge necessary of pension of their collegues who did no opt for pension. i hope, unions have been moviing in the right direction and i am confident that UFBU will definitely come out with satisfactory result this time. As election is only couple of months away, the politician be it right, left, will never ignore a vast portion of the society consisting huge voters. In fact, bank unions have enough experience to clinch the best and just wait my friends.
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1 wage in Banks
by Youngbankers on 2009-03-07 09:34:26.889014+05:30Mr.Banerjee you seems to an experienced Banker misguided by Union. I have seen many instances where these union leader have misguided people about pension option and they themself have opted for pension option.This is one of worst example of selfish leadership.I just want to say that you were misguided and now tell me why other employees should pay for PF optees mistakes.
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IBA negotiating our FATE who have no base
by ashish on 2009-02-10 18:36:43.908319+05:30 this is the time to suo moto dissolve the union in bank we our self can do it start resigning from bank union i have done it lets start from our selves and see the world is following us no need to form a seprate union time is to say good bye to them lets face it on our own
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Wage revision of bankers
by R.Ravishanker Joshi on 2009-02-10 12:21:37.792413+05:30 All the bank employees are waiting with bated breath for 11/02/09. We expect that Unions will take up wage increase as main plank for negotiations. We hope that addition of DA on crossing 50% to DA shall also be made applicable to us
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FORM A NEW UNION FOR WAGE SETTLEMENT ONLY
by Vijuy on 2009-02-07 17:15:35.061519+05:30 WHO IS RESPONSIBLE FOR THIS KIND OF STATE OF AFFAIRS?...WE ONLY....PLEASE BREAK OUT IN OPEN AND REVOLT AGAINST THE LEADERSHIP OF OUR UNION...THEY ARE NOT INCLINED FOR EARLY WAGE SETTLEMENT....THEY WANT ONLY OTHER RESIDUAL ISSUES TO GET IMPLEMENTED LIKE PENSION AND STOPPING OUTSOURCING...ALL MEMBERS......PLEASE FORM A NEW UNION AND START A MASS CAMPAIGN FOR THROWING OUT THE EXISTING LEADERSHIP.....PLEASE SMS TO ALL...
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Bankers wage revision
by R.Ravishanker Joshi on 2009-02-06 14:51:48.608254+05:30 It is indeed a matter of great anguish to the bank employees that despite making profits every year
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bankers wage revision
by ANAND WANKHEDE on 2009-02-06 14:38:37.94373+05:30 bank officer is nothing but class four servent of cent.govt. this prooved by 6th pay comm. of the central govt. iba
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Bankers Wage Revision
by Rajeev Bhatnagar on 2009-02-05 14:24:00.06684+05:30 Its a fact that the Banks are backone of the economy of the Country and the job of every banker is full of risk, rather it would be better to say that the bankers future is always at risk. Further, with every passing day, the job of a banker is becoming more complex due to changing needs of the masses.Previously, the wage revision for bank employees were taking place every three years, which has since increased to 5 years. At present the bank employees are lowest paid. The disparity has further widened with the recent pay hike given to other sectors, as underCentral Gove Employees > 40%PSU Employees 60% to 90%UGC Teaching Staff 60%State Govt >50%Proposed for Bank Employees 10%The present scenerio is only due to our so called leaders, who , though retired, but still leading us, the bank employees for their own vested interest. To some extent, we are also responsible for the present situation which can still be changed by throwing out such so called leaders.
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wage revesion in bank
by ABHAYA PRASAD on 2009-02-04 21:13:36.532172+05:30 any settlement below 30% is not acceptable.The ufbu calls strike at not so important issues like merger and when it comes to salry hike they are silent -Their dhulmul attitude has left us wandering whether they are trying to sell our dreams.In no case a probationary officer,s basic salary of Rs 10000/ which is now equal to the revised salary of a govt peon can be justified.We work in much harsher condition with the salary package among the lowest in the country.The time has come that our unions rise to occassion and redeem our prestige or better the leaders should hang their boots and give command to younger lots.
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Salary revision of bankers
by P K Brahma on 2009-02-03 12:22:32.977894+05:30 Public Sector Banks are earning profits year after year fattenning the coffer of the country. Yet when it comes to salry revision Bank employees get nothing without going to strike. What do most of the beurocrats and Babus do? Their salary revision is done without even a murmur. When will this end?
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penson 2nd option
by ANAND WANKHEDE on 2009-02-02 15:41:11.273824+05:30 more than one year has passed for negotiatong settlement.no fruitful result is came out. bank employees are displeased with iba approach towards feelings
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Wage revision of bankers
by R.Ravishanker Joshi on 2009-02-02 10:28:21.463955+05:30 There was an article in Finanacial express today wherein they have very catagorically stated that PSB banks have performed better than pvt banks. 1. PSB's have managed better average profits. Jump in PSB profits 57% as against 44% of pvt sector banks.2. Rise in NPA - PSB 29% in comparison to 44% in case of pvt banks. 3. Increase in credit - PSB 28.6% in comparison to 11.8% by pvt banks.4. Net interest income growth of PSB 50% as against 32% of pvt banks. Thus it is clear that PSB's are contributing greatly to the growth of economy. In this recessionary conditions PSB's will form the vehicle of growth of Indian Economy. Thus it is clear that the PSB's have already been playing their role. Under the circumstance it is the turn of the govt to reward Bankers by sanctioning increase in wages atleast to the extent of increase granted to govt employees
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wage revision
by madhav on 2009-01-30 17:53:16.762541+05:30 In my opinion the ufbu has no faith.union leaders have no interest on issue of wage revision.they have discussions for the last twelve months but no positive cosequences.they should vacate their posts .and ufbu must be abolish. if the result come below 30% they should moraly vacate their posts.the govt. and iba must considers the issue at the earlist.it is very shamful for our union nowdays they are begging at the time of discussions and not putting their demand of wage strictly .they have no thought of members future.bank employees are not in a position to say themselves as a banker publicly.iba proposed 10 % in twelve months talk and will propose 30 % in 36 months talk then what is need of ufbu. why the govt. is also playing dual policy for bankers doing late in finalising the wage revision
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Wage revision of bankers
by R.Ravishanker Joshi on 2009-01-30 16:12:16.339756+05:30 It is not logical to compare govt employees with bank employees (We)1. We work six days a week 2. Financial responsibility on us is very immense. Our output is definitely on a very higher side.3. We have no working time. We sit minimum upto 9 PM daily. On sundays too we have camps in various localities for garnering business.4. We are liable to be transferred all over india
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bANKING pAY
by Jaishankar on 2009-01-23 20:48:07.027362+05:30 Government officers have lesser working days, lesser financial accountability and above all more pay and allowances. It is high time a level playing field is brought about. Further, the CMDs of BaNKS ARE DRIVEN BY PROFIT MOTIVE WHICH PUSHES THE EMPLOYEES TILL THE HILT - TILL THEY BREAK DOWN. iT IS NOT FAIR SOMETIMES. BUT LIFE IS GOING ON, DESPITE THE INFLATIONARY CONDITIONS. SOON THE GOOD HUMAN RESOURCES WILL ABANDON THE BANKS FOR BETTER PASTURES AND THE BANKS WILL BE LEFT WITH ALL TRASH.
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wage revision
by tvmanjunath on 2009-01-22 22:09:39.935426+05:30 ufbu should take a leaf out of sbi and go on indifenite strike atleast for 7-10 days at a strech starting 28th of march 2009 so that the central govt.should feel the heat and solidarity of bank employees.The top leaders should desist from accepting suitcases in lieu of postponing/calling off strikes. then only the wage revision will take place.The govt is not giving any alms...it is our right..the three year wage revision have now gone to 5 years and still some more months will be wasted on silly topics...comrades......buckle up and fight....
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IBA
by LAL on 2009-01-22 11:25:27.00093+05:30 What is the need of IBA
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wage revision
by rakesh joshi on 2009-01-22 08:49:27.182279+05:30 If the negotiation is done below 30 % by ufbu than it is very shameful for for bank unions.ufbu is deliberatly delaying in fanalising the wage issue for another baseless issues.Members should not assist by any kind to these type of leaders further.
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5 YEARS VS 10 YEARS
by RAKESH KUMAR on 2009-01-21 22:48:15.54063+05:30 ALTHOUGH THE WAGE REVISION IS DUE EVERY 5 YEARS IN BANKS BUT THE WORK PRESSURE AND WORKING CONDITIONS ARE MISERABLE IN COMPARISION TO CENTRAL GOVT PEOPLE WHO ENJOY FIVE DAYS WEEEK AND BANK EMPLOYEES ARE NOT GETTING EVEN SUNDAYS AND HOLIDAYS TO SPEND WITH THEIR FAMILIES.THIS WILL IN LONG RUN DETRIMENTAL TO BANKS ITSELF .IT IS BETTER IN FAVOUR OF BANKS THE EARLY THEY REALISE THIS FACT THEY WILL BE BENEFITTED MORE.ANY ORGANISATION CAN NOT GET PROGRESS WITH UNSATISFIED EMPLOYEES AND THERE IS A LIMIT OF EVERYTHING . I THINK BANKS HAVE GOT AN OPPORTUNITY TO GET THE EMPLOYEES SOME SHARE OF THIER HARD WORK.IF BANKS FAIL ON THIS COUNT NO HARD WORKING EMPLOYEE WILL REMAIN IN GOVT BANKS.AND ONLY NIKAMME AUR AALASI LOG JOB SECURITY KE LIYE BANE RAHENGE.WHEN OTHERS ARE PAYING MUCH MORE FOR THE SAME WORK WHY ONE WILL WORK LIKE A SLAVE.IT IS HIGH TIME TO REALISE THE ACTUAL POSITION.
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profit should not be criteria for wage revision in PSU Banks
by SHAHID AKHTAR on 2009-01-21 20:46:40.677466+05:30 When the wage increase of PSU Banks become due , the Govt starts linking with the profit. But Govt have ever considered how much debt is usually written off by PSU Banks. Sometimes it is Govt who likes to do politics by announcing debt relief schemes and sometimes customers intentionally dont repay . Now a days it is fashion with big houses to avail bank loan, then enjoy it and lastly go for compromise in a way which is not even somewhat near to actual loan, forget about the interst. Have ever govt thought that how much they have waived people from their tax dues like incometax, salestax or other land revenues.
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wage
by ANAND on 2009-01-16 14:50:40.881099+05:30 KINDLY SETTLE THE ISSUE BEFORE NEXT WAGE REVISION -(2012)
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A Letter TO AIBOA and AIBEA
by Nihar Khan on 2009-01-12 20:12:29.795964+05:30 Comrade, I think that you people are basically focussed on other residual issues like Compassionate appointment and pension,rather than wage hike.Further you are not addressing the expectations of Members but working on hidden agenda of Helping those Decisive forces which are not inclined that High Wage Revision is offered to Bank Employees.With your blessings Bank Officers have been turned as the lowest paying and Hard W Happy New Year.I think that you people are basically focussed on other residual issues like Compassionate appointment and pension,rather than wage hike.Further you are not addressing the expectations of Members but working on hidden agenda of Helping those Decisive forces which are not inclined that High Wage Revision is offered to Bank Employees.With your blessings Bank Officers have been turned as the lowest paying and Hard Working clan and if your UFBU isallowed to play its agenda,the day will not far off when no body will like to work in .
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Pay revision of Public Sector Banks
by Poor Banker on 2009-01-10 18:54:24.284884+05:30 Eoyees of PSB work six days in a week (12-15 hrs per day) while employees of Cntral Gernment and other PSUs work five days in a week ( 8 hrs per day only). A, the risk involved in bankers job are many times more than these sectors. Then why these sympathy seeker bankers are paid so poorly. They must be paid at least equal for doing more work that too very risky if not more.....
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JAAGO BANKERS
by Vijuy Ronjan on 2009-01-10 10:34:16.224964+05:30 We Bankers are responsible for our state of affairs.We have allowed our Leaders to think and act on our behalf and we have never voiced our unhappiness over their handling of affiars.When UNION has given call for Strike even on petty issues, we have blindly obeyed their diktat.This has given them the feel of INVINCIBILITY...So why they will be bothered about us....who are KEERA MAKORA in thier eyes....Jaago Bankers Jaago....
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Banks Wage Revision
by Rahul on 2009-01-09 14:15:15.599652+05:30 time has come when all the banks employee should vote whether to accept or reject the settlement.Union should accept the settlement only when the majority of the emplyees agree to the conditions.
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disgusting
by ranjoy on 2009-01-04 14:43:41.494568+05:30 this is abstly disgusting that people sitting in the union posts r simplycaring of their interest rather than the interest of their bank as a whole speacilly thse sbi union of bengal circle.
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banks wage revision
by nikita on 2009-01-01 17:54:34.151572+05:30 united forum of bankers are only a broker not a leader now a days. They only think about how much brokerage they can gain for themselves in their own interest . They can not make benfit of the members .
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BANKS WAGE REVISION
by KAMAL SHARMA on 2008-12-31 17:48:13.82978+05:30 BANKS UNITED IS NOT TAKING CARE OF MEMBERS THEY ARE TAKING CARE OF THEIR OWN . THEY ARE AT THE AGE OF RETIREMENT AND THEY ARE DOING MORE WEIGHTAGE FOR PENSION DEMAND INSTEAD OF WAGE REVISION .GENERALY THE LEADERS ARE NOT ELECTED AT THEIR OFFICES BUT THEY ARE SELECTED.SO THEY ARE PASSIVE. IF THE NEGOTIATION IS DONE BELOW 35 % THEY MUST MORALY RESIGN FROM THEIR POSTS .AND YOUNG ELECTED LEADERS SHOULD DECLARED.BANKS WAGE REVISION MUST BE AT INDUSTRY LEVEL NOT LOWER AT ANY COST .
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wage Revision
by R.k on 2008-12-31 14:47:03.579676+05:30 Starting basic pay of Peon in Central Govt-Rs.,10,000/-Starting basic of PO in PSU Banks -RS.10,000/-. so bank why pepole join bank for facing tough competition
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salary
by rajesh yadav on 2008-12-29 18:22:21.97441+05:30 it is a very shameful situation where a talented person works in a public sector bank for pride and get paid lower than a peon.
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Wage Revision
by Vijuy Ronjan on 2008-12-29 14:21:31.415896+05:30 Its True that our Union has no interest in Wage Revision.For them residual issues are much more important.In an era where no body wants to Join Nationalised Bank as Clerk as the Salary offered is very very poor, Our Union is fighting for Compassionate Appointment.Beeter to Bargain for Hogh Compensation so that the wards can be properly educated and employed...But they are not bothered.When all wage revision ihas been cleared and that too with heavy increse, our Union are willing to settle for 20%...On 19th December, they could not be united in making their focus clear...I hope that in view of the Election year, Government suo motto may announce 35-40% increase for all....Let Union sleep Peacefully....
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wage revision
by naveen on 2008-12-28 15:51:36.198264+05:30 why the bipartite agreement is being so late why the unions are not going on stike i just not able to understand we people are just shameless. we go on stike when this letf unions call the stike for the reasons of their own, but we dont go on stike for our own reasons our unions are the majority of jokers , they are just on the horizon of theit retirement so they are just happy with the life after their retirement but they are not thinking about the young blood who is continousuly working for more than 12 to 15 hours a day in any nationalised bank and what he is geting it is not even comparaiable with the sub staff or peons of the psu and central govt employees. i think if such situation will persist a lot of brain drain will happen from the nationalised banks.
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Wage Revision for Public Sector Banks
by Aditya Viren on 2008-12-28 11:35:41.903217+05:30 Our beloved late Prime Minister, Smt Indira Gandhi nationalized Banks in 1969 considering all pros and cons. She was very much clear in her vision. You can see her success now in the present world scenario when the American and European countries are in the tight grip of recession. It is a matter of surprise that the norms like Basel I, II , risk managements measures are said to be strictly followed by European and American Banks and they are most effected with economic failures in their countries. Now, it is the turn of our Govt. to reward Indian Public Sector bank employees suitably for following the rules and norms issued by the Govt of India, Finance Ministry in toto. There was a period near 1980 to 1986, when a Bank employee was getting salary more than an IAS officer. Now, the politics have changed the Govt.'s views towards bank employees. They are less in numbers. That is why they are unnoticed from political angle. The Bankers are the pillars of a healthy economy.
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bank salary revision
by abhishek kumar on 2008-12-25 10:40:10.62727+05:30 if bank pay is not hiked by 100% at least then all national banks will have to face the serious talent shortage and slowly slowly all remaining staff will leave and join other way to meet financial need.
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bank pay revision
by abhishek kumar on 2008-12-25 10:24:39.559843+05:30 i am very much surprised about the sluggish activity taken by bank union forum. Now , comparing to other Psu , psu bank salary has come to at lowest. I am very much afraid about why too much delay happening, why not fin minister come forward and give settlement soon even though it is due from 1 nov07. If union is incapable to negotiate then all employees of nationalised banks will leave union and will go alone for negotiation with gov.
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wage revision
by skm on 2008-12-23 23:39:16.935852+05:30 Management of banks, firnance minister and government are you sleeping for bankers. the govt has approved the 6th pay commission. The state govts are accepted the same. Now the bankers are the lowest paid employees in India and with highest financial risk and working more than 15 hours daily with an all India job. Minister of finance why you are sleeping for bankers are they not working or they are showing profit directly in comparison to no requirement of profit showing for govt departments. Is this your vote politics. If yes you must know the stastistics of the number of bank employees in the bank multiplied by number of family members who are also eligible voters of this country. We can also make an impact if required.
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banks wage revision
by sulekha on 2008-12-19 16:51:13.564881+05:30 Bank union leaders are sleeping.They are playing with the future of the bankers.They are travelling by air using association fund. Staying at 5star hotels.They have no value today.They are misappropriating the members.If they donot settle the wage revision till 10 jan 2009. All the members should not co-operate for association fee.
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Wage revision
by Ajay Varshney on 2008-12-16 18:48:02.806116+05:30 What a pity!! Starting basic pay of Peon in Central Govt-Rs.,10,000/-Starting basic of PO in PSU Banks -RS.10,000/-
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wage revision
by s.k.jain on 2008-12-13 18:18:54.408627+05:30 It is very urgent to settle issues and hike salaries of bank employees/officers immediately. In the present circumstances every bank employee is in financial cisis
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banks wage revision
by arpita srivastava on 2008-12-11 15:30:56.746715+05:30 Psu sector 300 %.Indian Railways 250%.President salary 300%.professor,lecturers salary 100 % but why the united forum placed 40 % and desire at least 20% .Is it not a unobvious and indoubted act of united forum.banks salary must be finalised at the earliest without any delay and not less than 35 to 40%
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banks wage revision
by supriya sinha on 2008-12-11 15:04:49.903109+05:30 why not above 30%.United forum has placed demand for 40% but as the news coming out that united forum is expecting at leat 20%.will it not be doubtful actof the United forum who has to put the consequences among bankers.There is much differences between supervising and other staffs but actualy other than supervising staffs are pillar of the banks.No compensetaroy benefits,overtime actual conveyance are being paid.So the united forum must finalise agreement with the mind that they have to come further among their workers with the consequences and must finalise at the earliest.
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BANKS WAGE REVISION
by A.K.SINGH on 2008-12-11 14:46:47.587963+05:30 .Banking sectors are profit making and have always proved virtual stand in the indian economy even at the crises of world economy with the government.so the govt. must confess needs of bankers at the earliest.Indian Bank Association and our united forum must accept the actual demand .United forum must must make agreement not less than 30 % moral demand of salary revision for bankers without seeking their own personal interest prejudice and temptation .Bankers devoting much more without any compensetaroy benefits,bonus,overtime nothing are being paid and much difference between the super vising and award staffs salary.Other govt departments have been revised well why the banks revision pending when there is agreement between IBA and unions that the revision will be done at the definite time when it becomes due and the process of agreement will be started before 2 years from the due date .so the wage revision must be finalise at the earliest.
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banks wage revison
by r k yadav on 2008-11-29 19:13:00.346919+05:30 mr finance minister and mr prime minister you should not forget the performance and achievment of public sector banks. you both also admit it when compare with american banks then why please delaying the banks wage revison.
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BANKS WAGE REVISION
by ASHOK SINGH on 2008-11-11 17:01:06.861183+05:30 banks wage revision must be finalised at the earliest i.e before december 08 whereas the govt. departments like central govt. state govt have revised and banks revision is pending since november 2007.Despite lack of staff strength,compensatory benefits,futre prospectives for their family and even competetive salary package bank employees are bearing heavy work load till late hours.The indian bank association and the goverment must consider must consider the actual demand of banks united form and salary of bank employees must be revised 25 to 30 percent.The govt. must not forget that in the crises of economy indian banks have been always in front of the need due to loyal establishment of indian banking sector.Indian railway ministry is going to consier employment for all the railmen dependents but whereas the govt.not consiering the demand of compensatory appointment of bank employees mr finance minister and indian bank association would you both accept the actual demands
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