Public sector bank employees have called for a two-day strike on August 6 and 7. The decision was taken in the backdrop of failed talks between the United Forum of Bank Unions (UFBU) and Indian Banks’ Association (IBA) on wage revision.
UFBU Convener C H Venkatachalam said, “IBA had earlier made an offer of 17.5 per cent increase in banks’ wage bill, while we were asking for a 20 per cent raise. But, on June 17, IBA informed us that their offer stands withdrawn and reduced to 15 per cent.”
“This has created a very serious and unprecedented affront to the entire negotiation and created a major stumbling block,” he added.
In his meeting with IBA Chairman M V Nair in Mumbai today, Venkatachalam informed that the revised offer was completely unacceptable, besides being provocative. In response, Nair said that IBA was acting in accordance with government guidelines and maintained the revised offer of 15 per cent.
Essentially, this means that banks’ wage bill will jump 15 per cent over the current bill, costing them an additional expenditure of around Rs 4,125 crore.
Is there any agenda about pension of retired or V.R.S bank employee who retired on 31.03.2001.It is very necessary espeacially for V.R.S. bank employees to get pension as they have long retired and exhausted their fund long back.
This is governmnt of aam admi. Meaning Royal Carpet to mallaya, tata, ambani, the people with money. The politicians are the reasons to weaken banks positions. They simply sanction bank loans to their sidekicks and totally waive off the loan repayment. Who are they to talk tough to unions. Same is the case with the GIC,LIC and OIL etc... US has benned Indians/ndian Companies inthe IT sector, Where as they are happpily Stretching Their palms for extendind FDI . Don't they Feel about any thing pride about our India.
Politicians are Frauds
The CLC has managed to hold conciliatory meeting between UFBU and IBA today 31/7/2009 to avert two days strike. But it is shameful for IBA that it has pur forward that certain claifications are avaited from GOVT.We fail to understand why IBA/GOVT is realising senseiveness of the situation and has come to attend meeting unprepared at his crucial stage when only few days are left for Bankmens strike. Accountablity should be fixed for those responsible for delaying mnegotiations. The bank employees are desperate and idustrial unrest is affecting the working of the Banks and thus customers/bank work is suffering as an unsatisifed worker is a dead wood for an organisation. IBA/GOVT should move fast to arrive at aqmicable settlement on 4/8/2009 The Business standard News Paper can also play a role here by high lighting the failures of IBA/GOVT and by projecting GENUINE DEMANDS OF BANK EMPLOYEES/OFFICERS I.E. 2ND OPTION OF PENSION AND REASONABLE WAGE REVISION
The Chief Labour Commissioner Central has called for a meeting of UFBUs and IBA to arrive at agreement to avertTWO DAYS strike on 6/8/2009 and 7/8/2009 to arrest industrial unrent in the banking Industry and to avoid inconvenience to the Public/customers and national loss. We hope efforts of CLC are backed by some concrete decision from Govt of India to agree to the genuine demands of Bankmen. In case Govt has not authorised IBA to come to compromise, then there will be NO USE of bilateral talk. Let UFBU understand the motive of the Govt/IBA to delay the strike. Let us wish good for early settlement
In addition to my earlier comment, banks demand 2 lac rupees on quiting the
job from new entrants. That means banks want to retain the new entrants under financial pressure. This is very evident that bank job lost its lusture due to wage vs work condition. 20% hike may soften this position and bring will bring right new talent to banking industry.
Posted by: Thakral
July 30 , 2009, 17:22 IST
Mr Selvam is projecting a verygloomy picture but the factual position is different except officers staff. There is no work culture in Banking Industry. No adherance to office timings. In Northern Part of India in Banks the counter staff is still coming at 10.15 AM resuming after lunch at 3.10 to 3.15 Pm and leaving Bank branches at 4.30 PM The whole burden is on the shoulders of Officers. Even the officers are mere spectators and do mot exert their positions to bring some discipline and extract work. May 80% of them are from the cadres. Every officers intends to keep goody goody relations at the cost of buying peace at Banks cost.Whereas similiar staff in post offices shouldering similiar duties are paid less as compared to Bankmen ever after pay commission reports hike. There is a urgent need for more productivity. The reason for New Entrants leaving Jobs is not Pay and allowance but total indiscipline and no respect for Seniors/officers
The strike is against the IBA's going back on its promise to raise wages by 17%. For reasons unknown to most bankmen, IBA has suddenly announced that it would agree now to a 15% hike only.
During the P.Chidambaram-time, AIBEA and UFBU control went over to the Tamil Nadu group. The WB group that was on top till then is now trying to come back with the help of a Bengali FM, by dis-crediting the Tamilian leadership of bank unions. While they fight out their power wars, it is the poor customer and the lamb-like union member that suffer. One wonders why the bankmen do not see through these games.
Posted by: selvam
July 30 , 2009, 07:12 IST
Most staff of banking industry are tied up with neckdeep job resposibilities and no time to breath. Then how will they know Bengali Tamilian politics in in Unions. Because of their ego only the employees are going to suffer. Unless decent settlement is arrived bankjob will lose
any attraction. This will close the doors to the efficient hands to join in banks. Already many selected officers and staff quit or refuse to join
in banks. IBA / Govt should give very serious thinking to tap top potentials by giving 20% hike since Govt earns lacs of crores through banks and hard work of banking staff. At present condition one more VRS means atleast 50% staff will quit their services that is real work vs wage condition.
i fully endorse the stand of UFBU as they have given enough time for negotiations. It is only Govt/IBA responsible for such drastic action. Whatever loss to the ex chequer/inconvenience to the public/loss to the banks will be entirely on IBA/GOVT. The stiff stand of the authorities should be investigated by the Members of the parliament and strict action should be taken against those who are denying the rightful demands of Bank employees/officers
Posted by: Venugopalan
July 18 , 2009, 08:31 IST
Parliament Members are no better than the IBA people. All are interested their own matters and have no other priorities
Content Guide
Public sector bank employees have called for a two-day strike on August 6 and 7. The decision was taken in the backdrop of failed talks between the United Forum of Bank Unions (UFBU) and Indian Banks’ Association (IBA) on wage revision.
