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Monday, January 19, 2009

AIBOC demands early settlement of salary revision

The state unit of All India Bank Officers' Confederation (AIBOC) today threatened to organise a mass movement against the Indian Banking Association (IBA) if their six-point charter of demands are not fulfilled by February.

''The salary revision for bank officers' is due from November 2007. Despite the IBA constituted a negotiating commitee for the purpose, very little progress has taken place on the issue. It was needed for the IBA to offer a decent package to the industry immediately'' AIBOC general secretary G D Nadaf told newspersons here.

He further asserted, pension is a social security measure therefore it is an obligation on the part of the management to extend it to all the employees in place of contributory provident fund.

The progress in taking the decision on this demand by the IBA and the government is unsatisfactory.

''We also demand adequate manpower and regulated working hours for bank staffs,'' Mr Nadaf said.

-- (UNI) --

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