Tuesday, February 3, 2015

Talks On Wage Hike Fails Today 3rd Fab

Bank wage talks ends in stalemate-HBL

L N Revathy

Coimbatore, Feb 3 :  
Not satisfied with the 0.5 per cent increase in the offer made by the Indian Banks' Association, the United Forum of Bank Unions (UFBU) has decided to revive the strike programme.
 
The All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam said that the unions have issued a strike call to its members for a four-day strike between February 25 and 28.
This is expected to be followed by an indefinite strike from March 16
 
Bank unions declare four day strike from Feb 25
 
Chennai, Feb 3, 2015: Unions in the banking sector Tuesday decided to strike work for four days (Feb 25-28) as the Indian Banks' Association (IBA) has not come out with any attractive proposals, said a union leader.

"IBA has not come out clearly on the wage revision. They are offering 13 percent hike as against their earlier offer of 12.5 percent," C.H.Venkatachalam, general secretary, All India Bank Employees Association (AIEBA) told IANS Tuesday over phone from Mumbai.

Wage negotiations between United Forum of Bank Unions (UFBU) and the IBA were held in Mumbai Tuesday.

The UFBU includes the AIBEA, National Confederation of Bank Employees, Bank Employees Federation of India, Indian National Bank Employees Federation, Indian National Bank Officers Congress, National Organisation of Bank Workers, All India Bank Officers Association and National Organisation of Bank Officers.


PSU bank unions threaten 4-day strike from Feb 25
Unhappy with wage increase offered by management of banks (IBA), public sector bank employee unions today threatened to go on a four-day strike beginning February 25.
Indian Banks' Association (IBA) has bettered its earlier offer of 11% wage hike to 12.5% and then again to 13%.

"Indian Banks' Association (IBA) today offered a meagre 0.5% improvement in the pay-in slip cost to 13% which is unacceptable to us," United Forum of Bank Unions (UFBU) Convener M V Murali told PTI.

The unions demand 19% hike in wages, he said.

Thus, it has been unanimously decided that bank employees would go on a four-day strike from February 25-28, Ashwini Rana, General Secretary of National Organisation of Bank Workers, said.

If strike happnes it would impact government fund transfer during the time of Budget.
Budget session of the Parliament is scheduled to start from February 23.

All India Bank Employees Association General Secretary C H Venkatachalam said, if a suitable wage negotiation is not reached then unions would not be left with any other option but to go for indefinite strike from March 16 onwards.

The wage revision of public sector bank employees has been due since November 2012.
Earlier, unions had deferred one-day strike scheduled for January 7 as IBA improved the wage hike offer to 12.5% from 11% earlier.

Following this, unions also deferred the proposed four-day strike from January 21 after the management of banks (IBA) assured that wage related issues will be resolved by early February.

To press for their demand, the bank unions had gone on four-day rotational strike between December 2-5.

There are 27 public sector banks in the country with a combined employee strength of about 8 lakh. There are about 50,000 branches of these banks across the country.

7 comments:

  1. If settlement signed anything less than 19.5% than we all should resign from membership from respective unions

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  2. unions are wrong in demanding 19%. They rather should fight to make salary equal to central govt salary whether 19 % or 29% or 39%. We are also strongly thinking to resign from union.and i will with some few.

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  3. Our desires and expectations have put a strip on our eyes otherwise unions have sold you. They were boasting of satisfactory outcome where is that. At what assurance earlier call of strike was cancelled. This is a drama. Assured There will be no strike. We will loss without fighting.

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  4. Dear Jain Sir,
    Although I m quite new to the industry but have been seeing all this for past about two years. I do support union because if unity is not there management will be like cat without the bell..but what is the logic behind strike from 25 Feb..in their last circular they were telling a notice of one month is required..is it like this that union can set the notice period as per there will..if so y in Feb..why not from 27 Feb till 2 day in march ..dates ki parchiya nikalte hain kya Ye log..there are hell lot of transactions during last and first couple of days of a month. If u could plz help me understand this.

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  5. WHATEVER THE PERCENTAGE REVISED BANKMEN WAGES/PENSION SHOULD NOT BE LESS THAN CENTRAL GOVERNMENT EMPLOYEES

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