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Bank Officers (Beggars Association) - How to live well after 9th wage settlement of 7% (effective for Bank Employees)

We have received the following email from one of readers [banker????@gmail.com (we are not disclosing the full email address)]. We normally would not have published such mail as some Senior Bankers may not like to be called by such terms (like Beggars Association). However, we feel there is deep anguish among the Bankers and that is the only reason that a reader who himself is a Banker has used such words for himself and his colleagues. We regret if some of the fellow bankers feel hurt by these remarks. We hope this will allow Bankers to give vent to their grievances on a new forum which has taken the cause of intelligent, hard working but least paid Bankers.

The email read as follows:

" There are thousand of Bank Staff which supports the union’s decision of 10-12% settlement demand on a/c of there few years in Job, fear of transfer and running businesses. But there is a big number which is suffering because of increasing expenses which are not being met by current wage revision. As all of us do not have the courage to challenge the ongoing system let us devise some ways to beat the rising cost.

1. If you own a house, give it on rent and shift to near by slum. This way you will be able to increase your income. Some day your child may become slumdog Banker
2. Apply for a BPL ration card. As per new manifesto you will get Wheat and Rice for Rs.2 or Rs.3 per KG whosoever make the government.
3. Use Municipal Primary schools for the education of your children, if you cannot afford private and live in an affordable housing i.e.Jhuggi.
4. Use Primary healthcare center for medical treatment.
5. Use Public conveyance on maximum occasions.
6. Take tuitions at home.
7. Look for alternate jobs if you are still eligible for other central/state Govt . jobs.
8. Purchase cloths form Jama Masjid market at cheap rate.
9. Buy vegetables when the whole community finishes purchasing. You will get vegetables at lower price.
10. Mr.Venkatachalam will ensure that you follow all the above religiously .Some day Government will come out with some rehabilitation plan for Bankers (Beggars) i.e. waiver of Staff Overdraft, Staff Housing Loan, Vehicle Loan etc

Bank Officers (Beggars Association) "

Nagesh Bharat says : "You have rightly named the Bank Officers Association as " Beggars Association"

I thank you for ventilating the mass opinion of Bank Officers who are working as UNCLE TOM as mentioned in the world famous novel of USA- "UNCLE TOM'S CABIN " Now-a-days the Union Leaders are becoming more TYRAN than the Management people because the leaders know that if they will not act as per the direction of management , they will be thrown out from their leadership position since they don't have any mass base. These leaders are misusing the overwhelming support given by their members to obtain benefits from the management for them and their family members-they trade with their members. There is competition among the leaders to remain in the good book of the Management.

Thank you for giving me an opportunity to ventilate my opinion through you".

Rayasam Govind says : I am a recently retired employee of a nationalized bank. I feel that on account of lot of delay in the settlement the employees are frustrated and hence they are using the words such as beggars association etc., But one of the reason I feel for such a harsh addressing is that the employees are kept in dark about the goings on in the wage revision talks. The unions can be open to its members on what is going on. Nothing is shared by the unions with the members. That is the main reason for this position. No circulars are sent by them. The unions can openly inform the mind of the management to the members and even seek their suggestions. This will make the members feel that they are honoured and also will help them wait for the results. Silence from the leaders give raise to many rumors."

Comments : Do you feel the above comments are biased against union leaders? If so, you can send your views alongwith the facts to counter the same so that bankers can have the real factual position. However, the comments should not be of any personal nature or against a group.

You can submit your comments on : allbankingsolutions@gmail.com

Disclaimer : The views expressed here are the personal views of our readers and www.allbankingsolutions.com may not subscribe to such views. The contents or data has not been verified / re-checked. In case, any abuse is noticed, the same may be brought to our notice at allbankingsolutions@gmail.com so that we can review the same.

Some Interesting Links :

ACTUAL increase in DA for Nov 09, Dec 09, Jan 10 - 59 slabs or 10.62% increase on Basic Pay

Unions - Past, Present and Future - Wage Revision (last updated with reader's views on 29/10/2009)

Wage Revision Mathematics (Is it really true?)

Hot Talks in Banking Circles (Regularly updated) - Link also available from Home Page)

Reader's / Banker's Views on Latest Developments in Banking (Updated from time to time)

PSU बैंक यूनियन में फूट (Is this news true or ploy to divide the UFBU?)

Do you remember news about 24% hike. If not, click here to read the same. (Have unions climbed down so much that they are praying with IBA Chairman for a meeting to settle at 17.5%)

"Salary Structure of Bank Employees Vs Government Employees"

"Comparison of Actual Salaries of Bank Employees vs. Central Government (CG) Employees"

"Appeal to Bankers"