Wage revision will be signed at 5 PM 27th April 2010

Latest information as on 3 pm , 27 April 2010.

Instead of 1.6 of basic , 2.8 will be deducted from the arrears , only from those employee who opted pf before and now want to opt pension .

"AGREEMENT WILL BE SIGNED BETWEEN IBA & UNIONS TODAY AT 5.00 PM-AWAIT FOR DETAILS "

70% Voters are against sharing of pension load

As on 21.04.2010 , the voters clearly chosen their verdict.
we had conducted the voting titled

"should pension Load shared among bank employees? (from 33 months arrears)"

regarding the deduction in from total arrears with the 1.6 X of the basic (as per Nov 2007 basic). The 70 % bank employee voted against the proposed scheme. It is gross injustice done by IBA and UNION Leaders (Union of Cheaters) to bank employee who opted pension. This is the right time to resign from the union membership to raise your voices .

Bank Union hai hai
UFBU Hai hai
IBA hai hai

Latest complete Bank Officers salary details

Download the XLS file from below mentioned link for all your salary details needs after 9th Bipartite Settlement.

http://www.ziddu.com/download/9306604/fitmentofficers.xls.html


Bank Union Hai hai

Bank Officers are again cheated by AIBOA and AIBOC

Is this settlement we are expecting ? This time around we are confident that the junior officers have been given a raw deal and as usual they have failed to redress their grievances. We are confident that the pay increase as well as arrears for sub staff will more than the junior officers .What a shame. Now a Bank Probationary Officer is equivalent to a peon of government" and "officers at senior level are at par with clerks of government . What ridicule you made of us union leader ?. Throw these union leaders from their post the fresh/new officers must resign from the union membership otherwise we will again cheated in next settlement. This is not a pay revision but an alms to the beggar.It is better for the juniors to resign from the present unions and form a separate union as five to six years from now most of the seniors will retire .The new union should exclusively fight for better pay packets for Junior Officers which are comparable with the ones in the private sector as we do the same kind of work if not more. Come on juniors, let us unite otherwise we will be trampled by the self serving seniors who are not at all concerned about the welfare of the juniors .

Just for humer : A typical Meeting of Bank Unions with IBA

Meeting with IBA was fruitful and positive and we were able to convince IBA on certain important issues like there will a increase in cycle allowance by Rs 50.00, on other issues IBA is very adamant, talks to follow and in the next meeting issues regarding pension will be settled and regarding wage revision the talks will begin once pension issue is settled, date for next meeting will be decided latter.

Now see what happens on next meeting :

Initially meeting with IBA was fruitful and positive. We are able to convince IBA on Lunch items , they are forcing to include Bread Pakoda with tomato ketchup, Tea and Kurkure but we opposed the proposed items , our demand was Chicken tandoori , Butter Chicken Masala . because of these issues and adamant behavior of IBA the meeting was adjourned.

Ha ha ha....

Stop paying Union membership fee

This is the right time to stop paying the membership fee which is deducted from your monthly salary. The Union leaders are doing nothing good for bank employees. What we got 17.5 % hike is nothing as compared to Central government employee. from November 2007. the 10 lac bank employees are giving millions to union leaders in the name of union membership fee. Making fun of sentiments of poor employees these leaders are traveling in Airlines , visiting here and there , attending parties, eating tea and samosa from heard earned money of bank employee .

Jago yaar Jago bhut bardast karliya ....

resign from union membership.

An Appeal to serving pension optee

An appeal is made to all serving pension optee to unite & get prepared to file a writ against the pension load factor & present wage settlement. We (present employees who are pension optee) should not share pension load at any cost. Those retired in 1996 or onwards and now want to opt for pension must share the total burden. (They don’t even deserve to get 2nd option for pension because CPF was there conscious decision) We are not at fault they had taken decision to opt for CPF. They are increasing the load & as a result of which there is no compatible wage revision.
Our one step forward will save our future & dignity in the banking.
Let us unite and file a writ. Let us come forward.

Wage Revision - Poor Banker's Plight

I am an ordinary officer working in An Pubic Sector Bank in India. I am quite sure that all of you must have seen the working conditions in which we are working. No defined working hours! my day start at 9:30 am and end on 9:0 pm. I am forced like other colleagues, to work like this by our Bank's Management. For last three Sundays I have been there at the Branch and made to work by indirect pressure.

Now see my counterparts in government sector they have defined working hours and that too for five day a week schedule. All financial organizations are having five day a week schedule whether it is RBI, NIC, BSE or NSE. Than what the hell we Bankers are?? that all of us are being made to work like animals!!! while NGO like PETA is there for these Animals welfare, We don't have even that except Unwanted Unions and associations-which at there own are exploiting us.

What about our family life? I can't even avail a single holiday without efforts to see a doctor!!! What the hell I am doing this job.

Some of Bank's Respectable Union leader advised one of my colleague to leave the job if he is comfortable with the working conditions of the Bank. Look at the behavior of these irresponsible self styled leaders.

Salary!!!!! that's the word that add salts into the open wounds of every Banker. Even clerk of central govt after comfortable working conditions is having better salary that a Senior Bank officer. And our union leaders are talking about their pension (as most of them are on verge of retirement) during salary talks called 9th BPS. They were just concerned about pension and nothing more than that.

I am damn sure that none of the Banker who is actually living in worst conditions will support any of these union leaders who have sold banker's fundamental right of respectable life.

Bipartite Talks with IBA(22.01.2010)

Bipartite Talks with IBA

Another round of bipartite talks between IBA and 5 workmen Unions viz. AIBEA, NCBE, BEFI, INBEF & NOBW took place today in Mumbai. In today’s meeting, we further discussed about construction of revised pay scales, rates of annual increment, rationalisation of special pay in clerical and substaff cadre etc. There was also discussion on the proposal to club HRA and CCA to ensure equitable increase in the allowance in all areas with special emphasis on the rural and semi urban centres. Then we took up for discussion the costing of pension and submitted our view points. We also took up improvement in other allowances like Washing Allowance, Cycle Allowance, Project Area, Compensatory Allowance, Split Duty Allowance, Hill & Fuel Allowance, Halting Allowance, Breakage Allowance etc besides improvement in distance entitlement under LFC, family definition to include dependent brothers / sisters who are physically handicapped, revision in income amount to determine dependent parents, non–insisting of four days leave while availing LFC encashment, improvement in road mileage rate, sanction of 45 days special leave for women employees undergoing hysterectomy operation, upgradation of lumpsum paid part time employees to scale wages, improvement in hospitalization reimbursement scheme, inclusion of Sidha treatment for reimbursement, etc. etc. There were also some discussions on revision of duties for Single Window Operators, Head Cashiers and Special Assistants.

The calculations on cost impact of the above will be done and worked out for the purpose of finalizing the various items and components. The next round of Bipartite talks will be held on 9th February, 2010.

In today’s meeting we were informed that Punjab and Sind Bank management have also given their mandate to IBA for being governed by the proposed wage revision agreement and thus all the banks are now covered.

Earlier, at the beginning of the talks, homage was paid to the veteran leader Com. Jyoti Basu and Mr. Mohan Rao, Chief General Manager Corporation Bank and member of Negotiating Committee of IBA who had died recently by observing two minutes silence.