reluctant to improve earlier offer of 11 % wage increase.
UFBU decides for agitation including strike on 28th oct. 2014...
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IBA is reluctant to improve earlier officer of 11%. UFBU has decided to resort to agitation including strike action. Prepare for long struggle for honorable wage settlement. UNITY of employee can force IBA to accept just demands of Bank employees. Prepare for long struggle.
UFBU has given call for strike on 28/10/2014.
You May Read My Blogs Written much before predicting fate of wage talk. Click On Links Given Below:
Forget Wage Revision
Views Of IBA Chairman On Wage Revision
Open Letter To Finance Minister
Progress In Wage Talk
Why Young Bankers Are Angry On Delay In Wage Agreement ? Why Are The Are Annoyd With UFBU And IBA?
Lack Of Honesty And Seriousness In Wage Talks
Wage Revision Is Not Now A Top Priority Issue for AIBOA and AIBEA-Rajesh Goyal (albankingsolutions.com)
I have uploaded yesterday (i.e. 25th September, 2014), late night the circular of AIBOA and have promised to give my views / interpretation soon [ You can click on the link here, if you have not read the said circular AIBOA Circular - Is Ground Being Prepared to Surrender The Bankers Fight for Honourable Wage Revision? ]
I have read this long circular twice to understand what the author of the letter really wants to tell the comrades. However, I have failed to understand as to why the circular is so guarded and does not clearly tell their cadre as to what these Unions plan to do? Are they now afraid of their own cadre. Anyway, let me give the readers some background and the first impressions of Aam Banker about the above circular, so that you can really understand what is happening behind the scene :-
· The Central Committee (CC) meeting of AIBOA was held on 16th and 17th September, 2014, and this circular is meant to give the details of the proceedings of the said meeting;
· Although, meeting ended on 17th, yet the circular seems to have been finalized on 23rd September (i.e. after 6 days of conclusion of the meeting), but was finally uploaded to website on 25th September 2014 (i.e. after 8 day of the conclusion of the meeting);
· Although CC meeting took place when the UFBU and IBA’s meeting of 17th September was underway, yet the circular has been uploaded just few hours before the next meeting of IBA and UFBU to be held today (i.e. 26th Sept., 2014) for negotiation of wage revision;
· After uploading the circular, when I asked an Aam Banker, what he has understood from the circular, he was frank to admit that he could mainly understand about silence observed for departed souls, exchange of floral bouquets, fragrance of flowers, breaks for lunch, breaks for tea and long hours of discussions. On wage revision front, he was confused about the decisions taken by Com C H Venkatachalam and his team. He was least interested in other issues of of national importance, how articles will be published in Two Roses etc.
Without going into each part of the circular, let me share my impressions on the major points only :-
(a) The circular is admission of the fact that Central Committees of such organization are more interested in discussing their internal affairs rather than matters relating to Aam Banker.
(b) Most important part of the circular for which link is given above are :
· “ On the prioritised issue of Wage revision, the CC had the benefit of power point presentation of the complete details so as to enable the members to debate and decide the future course of action in the matter % of the quantum jump and also the our organisational priority of Non Financial demands over the Financial Demands, as Industry is in the process of facing new type of development due to huge retirement during the settlement period as well as the expectations of the youngsters joining the Industry.
· Nearly thirty comrades presented their firm opinion that the present demand placed for negotiation has to be appropriately modulated as our organisation has the prioritised Non Financial issues over financial issues as the Industry in future has to be handled by new generation of employees
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The above paras clearly indicate that in the CC it was decided by AIBOA and AIBEA that both these organizations give priority to Non Financial Demands over the Financial Demands of the bankers.
Now questions arises,
· What are the Non Financial Demands of AIBEA and AIBOA?
· Why these have not been listed in the said circular?
· Has the consent of the Aam Banker been taken to give priority to Non Financial Demands at a time when IBA and GoI are using all their might to give only a small increase in wage revision?
· Does it not give a clear indication to IBA that these Unions are least interested in higher wage revision when compared to their demand for honourable salary increase?
Based on the above circular, I am of the view
(a) AIBEA and AIBOA have already decided that wage revision is only a secondary issue on prioritized basis and they want to confront Modi Government for non financial issue relating to banking industry. These issues can include banking reforms like merger of banks, re-structuring of Boards etc. This means they are interested in more in fighting on political issues rather than financial issues of the bankers ;
(b) Aam Banker should be ready f0r accepting lower wage increase (forget 25% or so) and be ready for strikes on issues other than wage revision.
(c) A part of the increase in your wages can be eaten by the strikes that will be declared to stop the government from implementing reforms (i.e. non financial issues). [Which ultimately government will implement if they so desire]
(d) It will mean delays in conclusion of BPS as AIBEA and AIBOA may not like an early BPS as in such an eventuality they will find it extremely difficult to push their cadre for repeated strikes on merely non financial issues.
I am concluding this article just before the start of the wage revision talks scheduled for 26th September 2014 (It is 9.30 AM and talks will start at 10.00 AM). Therefore, the line of action taken by these Unions may be more clear by this evening / tomorrow, when they may issue some clarification. Let us wait and see whether we are presuming comes to true or they have some other tricks under their sleeves.
Bank staff are very much annoyed due to inordinate delay in wage revision and some of them plan to put hurdle in implementation of PMJDY. Jan Dhan Yojna Is a National Programme and any hurdle on its path will annoy common men of the country which is not good and which will tarnish the image of bank staff in the eyes of common men.
Bank Staff have to teach lesson to EDs and CMDs of Banks who are playing foul game in nexus with Union leaders and who have jointly caused much loss to bank and who themselves have become wealthy and who made their kith and kin wealthy. It is they who accumulated bad debts in their banks. Bank staff have to teach lesson to those politicians and ministers who have used banks for serving their self as well as political interest.
Bank employees have to take oath to expose all EDs and CMDs who have looted bank and caused loss or erosion in profit of the banks . Bank staff will have to teach lesson to top officials who build pressure for late sitting , for sanction to bad borrowers and who favour only flatterers and yesmen employees and who focus on only their own career. These clever officers win the hearts of ministers and RBI officials by achieving target through unfair means and by taking illegal work done by juniors and then stab on the back of staff and deny wage hike when they discuss with UFBU on wage hike.
Real enemy are bank's own top officials who for the sake of work promise everything to bank staff and become hostile when bank staff ask for respectable wage hike. It is these EDs and CMDs who are part of IBA and who talk on behalf of the government. It is top officials who are exploiting banker for years together and who for the sake of illegal money keep leaders of trade unions happy and do all illegal work without any hesitation. They exploit bank staff and are busy in earning through lending. It is not only S K Jain CMD of Syndicate Bank who has been sent to Jail, almost all CMDs are birds of same feather.
It is the duty of all bank staff to expose all top officials , all ministers and all leaders who have cheated bank and bring all truth of the system before people of India. Pathetic position of bank staff and poor pay structure will further add fuel to fire and sickness of bank will grow more and more. It is pity that billions and billion of public money is in the hands of dissatisfied lot of employees. Financial responsibilities lies in the hands of workers who themselves are financially weak and whose weakness is growing year after year. Employees who deal in money are unhappy with money they get in lieu of hard work they do.
Of course it is very much dangerous. Loyalty to organisation will ge further diluted and cause much risk to already weak financial system.
Bank Staff have to teach lesson to EDs and CMDs of Banks who are playing foul game in nexus with Union leaders and who have jointly caused much loss to bank and who themselves have become wealthy and who made their kith and kin wealthy. It is they who accumulated bad debts in their banks. Bank staff have to teach lesson to those politicians and ministers who have used banks for serving their self as well as political interest.
Bank employees have to take oath to expose all EDs and CMDs who have looted bank and caused loss or erosion in profit of the banks . Bank staff will have to teach lesson to top officials who build pressure for late sitting , for sanction to bad borrowers and who favour only flatterers and yesmen employees and who focus on only their own career. These clever officers win the hearts of ministers and RBI officials by achieving target through unfair means and by taking illegal work done by juniors and then stab on the back of staff and deny wage hike when they discuss with UFBU on wage hike.
Real enemy are bank's own top officials who for the sake of work promise everything to bank staff and become hostile when bank staff ask for respectable wage hike. It is these EDs and CMDs who are part of IBA and who talk on behalf of the government. It is top officials who are exploiting banker for years together and who for the sake of illegal money keep leaders of trade unions happy and do all illegal work without any hesitation. They exploit bank staff and are busy in earning through lending. It is not only S K Jain CMD of Syndicate Bank who has been sent to Jail, almost all CMDs are birds of same feather.
It is the duty of all bank staff to expose all top officials , all ministers and all leaders who have cheated bank and bring all truth of the system before people of India. Pathetic position of bank staff and poor pay structure will further add fuel to fire and sickness of bank will grow more and more. It is pity that billions and billion of public money is in the hands of dissatisfied lot of employees. Financial responsibilities lies in the hands of workers who themselves are financially weak and whose weakness is growing year after year. Employees who deal in money are unhappy with money they get in lieu of hard work they do.
Of course it is very much dangerous. Loyalty to organisation will ge further diluted and cause much risk to already weak financial system.
sir your analysis is always correct . both ubfu and iba are simply playing with us . why can't we start our action plan of nonparticipation in JANDHAN yojana which will hit the target that is MODIJI
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