Summary of Bank Bipartite meeting on 12th October 2018

Summary of Bank Bipartite meeting on 12th October 2018

No such breakthrough as expected did happen in the meeting between Bank Unions and IBA.

In today’s discussion, Union reiterated that offer of 6% increase should be substantially improved.

Performance linked pay should be delinked from age revision. IBA repeated their proposal that wage increase should linked to paying capacity.

Also Check: Latest Bank Employees News

Unions rejected IBA’s proposal and informed that if IBA does not change their stand, it will lead to confrontation and agitation.

Source: https://paycommissionupdate.blogspot.com

*In today’s discussion with IBA* UFBU reiterated

1. Their offer of 6% should be substantially improved. 2. Performance Linked Pay should be delinked from wage revision. 3. Resolution of mandate issue.

IBA repeated their proposal that wage increase should linked to paying capacity. We have rejected and informed that if IBA does not change their stand it will lead to Confrontation and Agitation. Circular follows.

SK Bandlish , Convenor/ UFBU

Source: http://banknewskumar.blogspot.com/

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Bank Strike : AIBOA Extends Solidarity to the Striking Workforce on 08.01.2016

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular letter No. 15/VI/2015

December 28th, 2015

To:

ALL UNITS / STATE COMMITTEES

Dear comrades,

AN UNFAIR DEAL BY SBI MANAGEMENT

AIBOA EXTENDS SOLIDARITY TO THE STRIKING WORKFORCE ON 08.01.2016

State Sector Bank Employees’ Association [SSBEA] had observed a strike call on 04.06.2015 in five associate Banks [ie] State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore against the SBI management’s attitude in handling the IR issues hurting the time tested approach of redressal grievance mechanism.

Having experienced the rigid approach of SBI management, the second strike for 2 days was announced on 1st and 2nd December 2015 and the workmen workforce in Public Sector Banks have decided to extend support through solidarity strike on 02.12.2015. Representatives of Labour Ministry advised both parties in the conciliation meeting held at Delhi to resolve the issues through mutual discussions and resultantly the two days strike was deferred. SSBEA had a round of discussion with SBI management on 03.12.2015. The management maintained their stand in the negotiation.

SBI management disregarded the bipartite negotiation and also the sensitive issues involved. The end result of their action is the announcement of strike action on 08.01.2016 by AIBEA men and women throughout the country.

AIBOA, known for its stand justify from inception, calls upon the officers not to do any clerical work in all the offices and make the solidarity strike on 08.01.2016 a resounding one.

Altering the working conditions is unjust

Rights cannot be bartered away

Bipartite can not be bypassed.

AIBOA extends total solidarity to the entire workforce in Public Sector Banks in realising the demands.

Yours comradely,

Sd/-

S.NAGARAJAN

GENERAL SECRETARY

Source: www.aiboa.org

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IBA Clarification on Paternity Leave, Encashment on LFC, Re-fixation of Pay and Special Allowance

ALL INDIA BANK EMPLOYEES’ ASSOCIATION

Singapore Plaza, 164, Linghi Chetty Street, Chennai – 600001

CIRCULAR No.27/120/2015/31

To

ALL UNITS AND MEMBERS:

27th July, 2015

Dear Comrades,

We reproduce hereunder the IBA’s Circular No.1120 dated 25-7-2015 providing clarification on the following issues referred to them.

1. Paternity Leave of 15 days can be availed by the employees within 6 months even if the date of delivery of the child was before 1-6-2015.

2. No leave is required to be taken for the purpose of encashment on LFC.

3. For Re-fixation of Pay for Ex-servicemen employees joined/joining the Banks on and from 1-11-2012, Special Allowance of 7.75% + DA will not be reckoned/included.

4. Special Allowance of 7.75 % + DA thereon will be included for encashment of PL on LFC/retirement.

5. Benefit of advancement of stagnation increment by one or two years for those who passed JAIIB/CAIIB/Graduation after reaching 19th/20th Stage shall be effective from 1st November, 2012.

With greetings,

Yours comradely,

Sd/-

C.H.VENKATCHALAM

GENERAL SECRETARY

IBA CIRCULAR

HR & Industrial Relations

No.CIR/HR&IR/2015-16/XBPS/1120

July 25, 2015

Designated Officers of Member Banks which are parties to the BPS

Dear Sir/Madam,

X BP SETTLEMENT – CLARIFICATIONS

1. Paternity Leave:

Clause 32 of the X Bipartite Settlement provides the benefit of Paternity Leave w.e.f. 1.6.2015 to male employees with less than two surviving children for 15 days during his wife’s confinement and may be combined with any other kind of leave except Casual Leave. The leave may be availed upto 15 days before or upto 6 months from the date of delivery of the child.

Clarifications: The leave may be granted to an employee even where the date of delivery of the child was prior to 1.6.2015, provided, however, that the leave is availed within six months from the date of delivery. Further, the leave shall be sanctioned 15 days before the delivery or up to 6 months after the delivery.

2. Leave Fare Concession:

Clause 19 (iv) of IX Bipartite Settlement dated 27.4.2010 provided that an employee encashing the facility of Leave Fare Concession shall proceed on leave for a minimum period of one day.

Clarifications: Clause 19 (iv) of X Bipartite Settlement dated 25.5.2015 does not have this provision and hence with effect from 1.6.2015, employees may be allowed the facility of encashing of Leave Fare Concession without the requirement of availing Leave for this purpose.

3. Treatment of Special Allowance for fixation of Pay for Ex-Servicemen re-employed in Banks: Under Clause 9 of the X BPS, Special Allowance at the rate of 7.75% of the Basic Pay with applicable DA thereon will be paid w.e.f. 1.11.2012.

Clarification: Queries have been received as to whether the same is to be reckoned for the purpose of encashment of PL on LFC/retirement, Overtime, and while pay fixation of Exservicemen joined the service of the Banks on or after 1.11.2012. It is clarified that the Special Allowance is to be reckoned at the time of PL encashment on LFC/retirement, the same shall not be reckoned for the purpose of fixation of pay of Ex-servicemen who are remployed in Banks on or after 1.11.2012.

4. Adjustment/advancement of stagnation increment to employees who acquire JAIIB/CAIIB/ Graduation: Clause 11 of X BPS dated 25.5.2015 provides that in case where the non-subordinate employees as on the date of this Settlement, has already acquired JAIIB (Part-I) or CAIIB (Part-II)/ Graduation after reaching maximum of the scale of Pay (in case of JAIIB/ CAIIB/ Graduation) or after reaching 19TH stage of scale of Pay (in case of CAIIB/Graduation), and has not earned increment(s), otherwise entitled on account of acquiring such qualification, when there were no increments to provide in the scale of pay of those employees, the stagnation increment in such cases may be advanced by one year or two years as the case may be.

Clarification: Non-subordinate employees who acquires such qualification after reaching the 19th or 20th stagnation, their next immediate stagnation increment may be advanced accordingly by one/two years as the case maybe, w.e.f. 1.11.2012 or the actual date of such advancement whichever is later.

Member banks may please be guided as above.

Yours faithfully,

Sd/-

K Unnikrishnan

Deputy Chief Executive

Source:www.aibea.in

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BANK EMPLOYEES WAGE REVISION-15% INCREASE IN SALARY AND ALLOWANCES - 10th Wage Agreement – IBA Circular

Indian Banks' Assassination

10th Wage Agreement

Indian Banks Association inked wage settlement with Employee Unions and Officers’ Associations today, 25th May, 2015. The settlement gives 15% increase in salary and Allowances to about 10 lakh bank employees.

Employees and officers from 43 banks including public sector banks, old private sector banks and some of the foreign banks benefit from the wage revision. The current wage revision is effective from 1st November 2012 and will be valid for 5 years. In all 11 All India Employees Unions and Officers’ Associations participated in the wage revision exercise.

The scale pay of Officers has been revised from Rs.14500 - Rs.52000 to Rs.23700 - Rs.85000. (Special allowance for officers ranging from 7.75% to 11% of basic pay along with applicable Dearness allowance has also been introduced)

The scale pay of Workmen - non-subordinate has been revised from Rs.7200-Rs.19300 to Rs.11765-Rs.31540, also the scale pay of Subordinate staff has been revised from Rs.5850-Rs.11350 to Rs.9560-Rs.18545. (Special allowance for workmen @7.75% of basic pay along with applicable Dearness allowance has also been introduced)

Another important feature of the settlement is that a medical insurance scheme is being introduced for families of employees.

The 15% wage revision would cost the Public Sector banks Rs.4725 crores as incremental Salary and allowances in a year. Banks have been making provision for wage revision from November 2012. Mr. T M Bhasin, Chairman, IBA and Mr. Rajiv Rishi, Chairman, Negotiating Committee of IBA led the Management team in the negotiations. IBA expects banks will implement the revision immediately.

IBA expects the salary revision to improve the moral of the bank employees, leading to better productivity.

Source: http://www.iba.org.in/Documents/10th_Wage_Agreement.pdf

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Latest developments on Bank Employees Wage Revision :AIBEA Report

ALL INDIA BANK EMPLOYEES’ ASSOCIATION

Central Office: “PRABHAT NIVAS” Regn. No.2037

Singapore Plaza, 164, Linghi Chetty Street, Chennai-600001

Phone: 2535 1522, 6543 1566 Fax: 4500 2191, 2535 8853

FOR THE INFORMATION OF OUR UNITS AND MEMBERS:

19.05.2015 the distribution chart has been signed between IBA and our Unions covering the allocation to various heads. Pay scales and Allowances are as under:

A. Pay Scales: from 1-11-2012

Clerk: 11765 – 655/3 –815/3 –980/3 –1145/7 –2120 –1310/1– 31540 – 1310 x 8 = 42,020

Substaff : 9560 – 325/4 – 410 /5 – 490/4 – 570/3 – 655/3 – 18545 – 655 x 8 = 23785

Stagnation increments: 8 : Substaff: 8 x 2 years ; Clerk : 5 x 3 years + 3 x 2 years

B. Dearness Allowance: 0.10 % per slab of 4 points over 4440 points

C. HRA : 45 lacs and above: 10 % ; 12-45 lacs & Goa : 9 % ; other centres : 7.5 %

D. Transport Allowance: upto 15th Stage : Rs. 425 and others : Rs. 470

E. Special Pay:

i) SWO-B: 820; Head cashier: 1280; Spl. Asst. 1930

ii) Armed Guard/Bill Collector: 390; Daftary: 560; Head Peon: 740; Driver: 2370; Electrician/AC Plant Helper: 2040, Head messenger in IOB: 1630

F. PQP : Rs. 410, 800, 1210 , 1620, 2010

G. FPP : Clerk: Rs. 1310 / 1580, 1570, 1550, 1550 / 1450

Substaff: Rs. 655 / 790, 890, 780, 780 / 730

H. Medical Aid : Rs. 2200 per year

I. Special Allowance ( new allowance ) :

7.75 % of Basic pay; DA is payable on this allowance

The full Settlement is under preparation and is expected to be signed on the 25th May, 2015 (Monday).

Flash: Yesterday, RBI has given its in principle ok for implementing Full holidays on 2nd and 4th Saturday. Matter is being expedited with the Government now

Source : AIBEA

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AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No.6/VI/2015

February 23, 2015

Camp: MUMBAI

To:

ALL UNITS / STATE COMMITTEES

Dear Comrades,

WAGE REVISION – 18TH ROUND.

TOTAL QUANTUM CLINCHED.

A NEW SERVICE CONDITION INTRODUCED.

4 DAYS STRIKE CALLED OFF.

In the background of C.L.C.(Central) Delhi, counseling IBA and also representatives of the unions to get back to the negotiation on 20.02.2015, in which Com.Alok Khare, Vice Chairmen, Com.S.S.Shishodia, President and Com.Sanjay Khan Joint Secretary AIBOA participated and at the CLC’s advice IBA invited the unions for discussions on 23.02.2015.

To-day, a meeting was held at IBA office at 11.30 am. Representatives of all the eleven unions participated in the discussions.

2. IBA team was led by Shri.T.M.Bhasin, Chairman IBA, Smt.Arundhati Bhattacharya Chairman SBI, Smt.V.R.Iyer, Chairperson and Managing Director BOI, Shri.Rajeev Rishi,CMD,CBI,Shri.Ashwini Kumar,CMD DB, Shri.Arun Tiwari CMD UBI, Shri.Rakesh Sethi CMD All Bank, Shri.Animesh Chauhan MD&CEO OBC,Shri.Ashwini Mehra DMD SBI Shri.Shyam Srinivasan CEO Federal Bank, Shri.M.V.Tanksale CEO IBA, Shri.K.Unnikrishnan Dy CEO,IBA, Shri.K.S.Chauhan besides officials of HR department of IBA.

3. While initiating the dialogue Shri.M.V.Tanksale CEO IBA expressed the progress made in the last 18 rounds and also the meetings held with the subgroups with workmen and officers during this period. Shri.Rajeev Rishi Chairman Negotiating Committee IBA, picked up the thread from the last discussion held on 3.02.2015 and reiterated that unions should come forward with the revised demand. Com.M.V.Murali, Convenor UFBU presented in a pointed way the chronological progress of the conduct of the negotiations and also the ‘U’ turn of IBA on 03.02.2015 vis a vis the assurance made on 19.01.2015 precipitating the crisis.

4. Shri.T.M.Bhasin, Chairman IBA quoting the details of the earlier bipartite benefits, ultimately indicated the paying capacity of the individual banks is the deciding factor, indicated failure at Industry level to force a situation of individual bankwise settlement. He also appealed to appreciate the present situation in Q3 performance of various banks and realize the need to fold up the negotiation with the offer of further 0.5% increase from 13% made on 03.02.2015 by Shri,Rajeev Rishi, Chairman Negotiating Team IBA.

5. Smt.A.Bhattacharya Chairman SBI in her pointed presentation dealt the present position of Public Sector Banks vis a vis Private Sector Banks, present capital infusion announcement of Rs 6990 crores by Government of India and also to realize the need to finalise the agreement keeping in mind the various serious developments having global compulsions and also stipulations. To get the priority reallocation of PSB employees at par with Central government employees for the purpose of admission of the wards in Kendriya Vidyalayas by her efforts was also shared in the meeting. Smt.V.R.Iyer, too supported the view points expressed by Chairman SBI and explained the need to function as a team to keep PSBs in tact and not to allow the Private sector banks to sneak in to capture the business from us..

6. After protracted negotiations, ultimately the understandings have been clinched which are as follows;

a. Date of Effect 1.11.2012.

b. Total Increase of 15% in Payslip components- amounting of Rs 4725 crores.

c. Construction of new Basic Pay by merging 60.15% of D.A impact where of not to exceed 2% of BP plus DA amounting Rs 597 cr.

d. 2nd and 4th Saturdays will be holidays and other Saturdays will be full working Days.

7. Thus the exercise to construct new Basic Pay effective from 1.11.2012 has been initiated by sealing the agreement, with the first step to clinch a new working condition in the era of Information and Communication Technology explosion, quite nearer to our most important demand of 5 day working.

8. AIBOA place on record the role played by Com.D.Raja CPI MP leading AIBEA –AIBOA delegation to meet FM on 19/02/2015 and making sincere efforts to break the deadlock in the Banking Industry avoiding paralysis of the nerve centre of the economy in the last week of this month., due to the proposed 4 days strike which now stands called off consequent to signing of MOU as above. Detailed Pay structures may now be worked out with IBA in subsequent meetings besides discussions other left out issues including of those pertaining to retirees.

9. Comrades, while rejoicing this success of wage increase, let us not be complacent in our efforts to protect our Public Sector character of our Industry and also preserve the jobs and jobs security secured by the founding fathers of our movement.

CONGRATS !!! YOU ALL HAVE MADE IT TO HAPPEN.

Yours comradely,

Sd/-

S.NAGARAJAN.

GENERAL SECRETARY

Source: www.aiboa.org

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Bank leaders meet F.M. to press for wage hike

Representatives from the public sector Bank Unions today met Union Finance Minister Arun Jaitley to press their demand. The meeting comes ahead of nationwide strike, called by the Unions, for four days starting February 25 and indefinite strike from March 16 across the country.

All India Bank Employees' Association (AIBEA) and All India Bank Officers Association (AIBOA) officials have met Jaitley in New Delhi today and submitted a memorandum listing various demands, said C H Venkatachalam, All India Bank Employees Association (AIBEA).

"Today we only made a representation to the Finance Minister, it was not any negotiation meeting. Tomorrow Chief Labour Commissioner has called for negotiation meeting, where IBA will also be presented at New Delhi. Based on the outcome we will decide about the strike," said Venkatachalam, adding that as of now the scheduled strike is on. He added, during the meeting the Unions asked the government's intervention in early settlement of wage revision, timely appointment of workmen directors, merger of regional rural banks (RRBs) with their sponsor were some of the demands submitted today by the Unions to the Finance Minister.

Venkatachalm said the 40 minutes meeting with the Finance Minister was cordial and he listened to Union. Unions have called for a nationwide four day strike from February 25 followed by an indefinite strike in March onwards demanding wage revision.

Source:www.paycommissionupdate.blogspot.in

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Dearness Allowance for Banks Workmen and Officer Employees for the months of February, March & April 2015.

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/76/D/2014-15/1277

31st January, 2015

All Members of the Association

(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015. under IX BPS/Joint Note dt. 27.4.10

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2014 are as follows:-

Oct 2014 – 5774.95

Nov 2014 – 5774.95

Dec 2014 – 5774.95

The average CPI of the above is 5774.95. Consequently, dearness allowance to employees is payable for 734 slabs for the period February, March & April 2015 i.e., an increase of 2 slabs over the Current level.

In terms of clause 7 of the 9th Bipartite Settlement dated 27.04.2010 and clause 3 of the Joint Note dated 27.04.2010, the rate of dearness allowance payable to workmen and officer employees for the months of February, March & April 2015 shall be 110.10% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowances to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,

Sd/-

K S Chauhan

Senior Vice President

Source:http://www.iba.org.in/Documents/Cir_12770001.pdf

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Dearness Relief payable to Pensioners for the period February 2015 to July 2015

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No,CIR/HR&IR/D/G2/2014-15/1280

31st January, 2015

Designated Officers of all Member Banks which are parties to the Bipartite Settlement on Pension

Dear Sirs,

Dearness Relief payable to Pensioners for the period February 2015 to July 2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2015 are as follows:-

Oct 2014    –          5774.95

Nov 2014   –          5774.95

Dec 2014    –         5774.95

In terms of Regulation 37 of Bank Employees’ Pension Regulations, 1995 dearness relief is payable to pensioners at rates specified in Appendix II to the Regulations.

Pending amendments to Pension Regulations, Banks may pay on ad hoc basis, the dearness relief payable to pensioners for the period February 2015 to July 2015 as per Annexure.

Yours faithfully,

Sd/-

K S Chauhan

Senior Vice President

Source:http://www.iba.org.in/Documents/Cir_12800001.pdf

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Bank Wage Revision : IBA fixed date for next Bipartite meeting

Bank Wage Revision : IBA fixed date for next Bipartite meeting

Meeting of sub committee on charter of demands on workmen to be held on 30th January 2015 at Mumbai.

Following which IBA managing committee will meet on 31st January and next bipartite meeting with UFBU will take place at Mumbai on 3rd February 2015.

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Bank staff may come under 7th pay panel

Bank staff may come under 7th pay panel

Even after several rounds of talks between bank  employee unions and the Indian Banks Association (IBA), there seems to be no consensus on the quantum of salary hike for over 800,000 employees at different public sector lenders.

While the IBA has indicated that the maximum hike that can be offered to employees is about 11%, unions are demanding a 25% raise.

With the stalemate still continuing, sources said a proposal could also be considered to bring them under the purview of the Seventh Pay Commission, which has already been constituted. A large section of bank employees are, however, unwilling to do the same.

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No forward movement in bipartite talk, agitated bankers chose warpath

No forward movement in bipartite talk, agitated bankers chose warpath

In the last round of Wage Revision Talks of Bank employees (10th Bi-partite ) held between Bank Unions (UFBU)and Indian Bank's Association on 26th Sept'14  there was no forward movement in arriving  the quantum of increase in wages from the earlier offer of 11% of IBA .

Accordingly it was  unanimously decided to undertake agitational programmes to press the demands and to expedite the settlement. It was also decided to observe One day Protest Strike preceded by further action programmes through out the country.

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Bipartite Talks with IBA on 26.9.2014 – AIBOC

We have received the reaction from many of you on the outcome of the meeting with IBA. Our Confederation expressed its clear view in the UFBU meeting held on 26th September, 2014, that we want quick and sustained agitational programme against the apathy of IBA and the Government on our just and reasonable demands.

We also suggested that our strike call should be for 13th and/or 14th October preceded by programmes like no late sitting, not coming on Sundays and Holidays, Badge wearing, relay hunger strikes, rallies and demonstrations. Undersigned offered the challenge to hold a rally/demonstration on 27th September, 2014 itself at Delhi. However, the above programme only could be decided by the UFBU.

We call upon our members to be in preparedness for any call of the UFBU/organization.

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Details of Bank Bipartite talk on 17.09.2014

Following is the version of Gen. Secy., NUBE regarding bipartite talks held between IBA and UFBU on 17th September 2014.

Nothing conclusive.......

"MEETING WITH IBA ON WAGE REVISION TALKS

Today (17/09/2014) yet another meeting of the negotiating committee for 10th Bipartite Wage Revision took place in Mumbai, the undersigned on behalf of NUBE took part in the negotiations along with ten other unions.

 Mr.T.M.Bhasin the newly elected Chairman of IBA in his initial remark gave a brief of the present banking scenario and also explained in detail about the importance of banks’ profitability and paying capacity.

Mr. Rajiv Rishi, the new Chairman of the Negotiating Committee followed it by telling that it would not be possible for IBA to agree to the demands of the Unions for a hike of 25% since the banks were not doing well and the results of the first quarter were not rosy. Further he insisted that other issues should be discussed first and then we decide on the wage factor.

NUBE strongly objected to the stand of IBA and said that postponing a cardinal issue like wage load and discussing on other issues which can be settled simultaneously is nothing but dilly dallying.

Already nearly 8.5 lac Bank men are anxiously waiting for approximately two years patiently and their patience cannot be further tested. The Chairman negotiating committee wanted the unions to reduce their demand of 25% to which some unions agreed provided IBA also raises their offer.

IBA has not offered anything beyond 11% and the meeting concluded with a understanding that we will meet shortly. The way the talks are proceeding, we do not think that there would be any progress in the days to come.

Comrades from the above it is very clear that IBA is in no mood to settle the issue amicably. Their stubbornness is only making the Bank employees restless and paving a path for agitational programmes which is not good for the Industry.

However, we are left with no other alternative than to struggle if not we will be meekly surrendering to the dictates of IBA and history will not pardon us. So let us march ahead and struggle unitedly.

Yours Comradely,

(L.BALASUBRAMANIAN)

GENERAL SECRETARY

NUBE"

Source:paycommissionupdate.blogspot.in

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