No Conclusions in Negotiation Talks Held Between Officers Unions and IBA on 14th May 2015 : One Union Leader Says Now All Pay Scales are Being Reworked as Earlier Had been Leaked by him
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As reported earlier, the next round of negotiations between
officers unions and IBA were to be held today. These indeed happened. What
happened? Only officer union leaders and IBA knows about. The deep silence
still continues. Now it is late night of 14th May 2015 but only report which
can be said to be confirmed is that talks remained inconclusive and next meeting
has been shifted to 16th May 2015 (Saturday).
In the meantime, there have been number of rumors about the
new scales which are in circulation. There is one big difference about the
circulars being issued now and circulars issued in February 2015. In February
2015 unauthenticated circulars the Basic Pay was shown highly exaggerated but
now these seems to have toned down and are in line with the agreement of 23rd
A reading between the lines on Facebook and other social
websites shows how divided the bank union leaders are even now and have to
rise above the petty issues.
As there is nothing concrete to share today, let me discuss
some interesting posts that I have come across. Let me first quote here some
extracts from one of the officers union leader’s Facebook posts.
Initial basic pay of scale one 23700 ; Scale 2. 31700 ; scale 3 42800;
scale 4 will be 50000 that of scale 5 will be 59200 scale 6 will be 68700 and
scale 7 will be 76500
New increments likely to be 1000
.1150.1300.1500.1650.1800.2000 and 2200
In another post some of the above figures were supplemented with HRA and other
allowances to show what will be the gross salary of newly recruited Scale I
Anyway that is not the main or interesting part of the
“Today three was meeting between leaders of ufbu and IBA. There will be another
meeting on Saturday. Since i have shared with you likely pay structure so
in order to prove me wrong whole structure is
being reworked out on insistence of some mahan officers association
In today's meeting most of the time was spent
by IBA in finding who is ?????? and like dehati aurat some mahan armchair
leaders were fighting with my GS on my post on likely salary structure.
So for some time i am not going to write
anything on wage revision this may help some great armchair leaders of majority
association in securing 30 pc wage hike for us. Aise bhi es wage settlement me
officers ke liye Saturday off ke alawa aur kuchh to hai nahi.
Best of luck to these armchair leaders in their
endeavor to befool us.
Thus, taking the above post on the Face value, it seems in
today’s meeting most of the time was wonderfully utilized in discussing /
cursing the leader of one of the unions, who has posted the likely Basic Pays
of Scale I to VII and allowances they are likely to get, instead of discussing
the actual Pay Scales of officers. The best
part of the above post is that it says “to
prove me wrong whole structure is being reworked out on insistence of some mahan
officers association leaders”.
To workout these scales they have already taken almost 80 days
since 23rd February, and if they have to rework these scales to prove this leader wrong, they
may take another 50 days.
I am not sure whether they will rework the scales in such a way that bankers are
able to get higher Basic Pay and DA factor OR they will ensure to reduce the
same to punish the bankers in knowing in advance about the scales. I hope
they will push the scales by another 5% so that all bankers can enjoy the
benefits of leaked pay scales.
It will be interesting to wait and watch how much time these
wounded leaders will take to rework these Basic Pay and scales. They must be
now burning their midnight oil to rework the scales and allowances.
I am very happy to read the above as it has proved one thing that
what AllBankingSolutions.com projected on 25th February 2015 did not offend any
of the leaders and they happily copied our Pay Scales, but leakage by one of
their own opposition leaders has forced them to rework the whole pay scales. I am happy that these UFBU leaders have developed certain
regards for our interpretations and were ready
to use our charts by rounding off the Basic Pays. Thanks a lot UFBU
leaders. I will be able to have a sound sleep tonight as I am not blamed for
re-working of the Pay Scales, and it is one of your own union leaders who
have sent you in rework mode.
Good Night all bankers (11.45 PM on 14th May 2015).
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