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Wage Revision - Views / Queries of the Readers

Dhansayram Nagesia says : "All PSU banks employees must know what judgment policy we have in India.   Why to expect 9th wage revision to be finalized soon whereas judgment comes after 19 years.  This is because of nakara  leaders we have. I will have great sympathy if you all bear injustice to be done which is a part of our lifestyle. don't worry let the tears flow".

 

Vinay Kumar says : "A separate 'Pay Commission' should be constituted for wage revision for financial sector on the line of Central Pay Commission. Retired Employees should not hold any post in Association.   Association people responsible for wage revision this time have bowed down on pension issue only

 

Asim Kumar Sen says : "I strongly feel that the negotiations will nosedive if not crash on the ground if all concerned DO NOT ACT NOW. The large section of existing employees are restless and they are in a mood to go for settlement without bothering for second pension option for retirees. A section of such employees are posting caustic remarks in the website against the union leaders. A section of young generation employees tend to forget the history of struggle and sacrifice to attain the first Bi-Partite settlement. The union leaders are elected and not selected. So, why blame them alone! They also forget that notwithstanding whatever salary and perks they enjoy today; the employees' leaders definitely struggled a lot with the united support of all employees in general to achieve Bi-Partite Settlements and IBA never generously granted the benefits. The existing employees must not forget that sooner or later they will also retire and the pension benefits in future require continuous improvement to combat inflation and price escalation. The foundation stone must be laid now. The second pension optees are also not at fault. The existing employees need not share the cost burden of the second pension optees. The retirees demanded pension as third benefit. They demanded pension at par with SBI employees. Deposit rates being high in 2001; they opted for PF only. The scenario changed abruptly and interest rates are halved. Let us not forget those retirees who held the Indian Banks in high esteem and in a sound position despite global recession and bank failures abroad. ROME WAS NOT BUILT IN A DAY.


Secondly, historical records show that IBA negotiators did not have a sense of responsibility. In every talks, they enjoy to create road blocks  by putting up new issues and contradicting MOU after signing it and show little respect to the understanding with bank  employees. Can they survive without the active support of General Managers down to  peons? IBA respond to agitations and strike calls only. They will  make a mess and then sit across negotiation table after Govt. intervention. BA NEGOTIATORS LIVE IN A FOOLS PARADISE.. A change is needed now. Either IBA should take a lead for fast settlement of all wage settlement and pension issues, roll back new issues being out of the scope of MOU or surrender to pave the way for the formation of a Bank Employees' Pay and Pension Commission in line with the Central Govt. Employees.


Thirdly, why are union leaders silent about the progress of negotiation? They do not update their websites and call meetings frequently at the national level to chart the future course of action. Widespread rumours like jumping wild cats are encouraging divisive forces only and lower the morale of bank employees. It is high time they come out open from their hideouts and stand boldly with all bank employees to do or die for the cause of bank employees. Else, they will lose their chair to be occupied by opportunists. It is high time that all concerned must act now and divisive forces are thrown out.

 

Aayush Suneja / Raj Kumar says : "BANK UNION LEADERS ARE CHEATING EMPLOYEES AS USUAL. THERE IS NOTHING NEW .THEY WANT ONLY LEVY LEVY LEVY AND ONLY LEVY.  BE ASSURED SEE HOW MANY ARE GOING TO PAY THIS TIME".

 

Anil Batham says : Why the negotiations of bank workmen is so delayed.   Bank men are annoyed too much because of undisclosure of facts that what is cooking inside.

 

Mr. OP Agarwal / Vijay Kumar says : " I want to give my opinion on complete note on pension options as per MOU dated 27/11/09 by Sh. R.P. agarwal as und.  If any person resigned from bank’s service after completion of 20 years or more active service, then he should also be given an opportunity to take the pension option as if he was a pension optee and if he resigns after 20 yrs or more active service, then he will receive pension. So, if he resigns being a PF optee and He will be debarred from pension, only due to being a PF optee and not a pension optee. So, if the pension option is given from back date, then PF optee, even resigned after 20 yrs or more service, should be given an opportunity to opt pension. Other wise it will be against the natural justice.                  
I hope that unions and IBA should consider this in further negotiations. I request the all competent persons to raise the genuine demand of resigned PF optee.

How ever, the condition may be added that there should not be any disciplinary action will be taken against the candidate by the Bank ie the reason of resignation should not be any disciplinary action.

 

V S Nagesh :  HR WHOSE SUBJECT IN BANKING INDUSTRY
Having served with government of India for 10 years, I joined the banking industry at middle level management and had put up nine years service.. As my nature job involves touring I am able to gaze the pulse of the young and old generation bankers. When I joined the government service,  many of my  batchmates left the services immediately after being selected as POs in the banks. Recently when I visited my training centre, to share memories, the trend is vice versa. Over these years, banking industry particularly had underwent sea changes in terms of every sphere and last but not the least it had showed it had showed its resilience during the recession.

However the aspect of human resource is unchanged and working conditions degenerated from bad to worst. As a result of which the attrition in the banking industry is very high and was never addressed to; in fact neither the management nor the unions are least concerned as our country is having huge base of qualified unemployed to fill the same.  Taking advantage of the situation,  the private/multinational banks had poached many talented and experience officers from the nationalized banks.

I repeatedly question myself who is responsible for this, who handle issues like wage hike, working conditions, transfers in the bank industry. Unequivocally, I got the answer from my seniors it is the UNION who addresses these issues while management looks after government interest only. As all employees did, I also joined the UNION so that these issues are addressed to. What I have observed these years, majority of the officers grievances are not settled as union expressed difficulty, in taking up the issues as it is not in the interest of majority and quoted, the same set of rules, which was accepted by them during their meetings with the management. 

If unions only handle the entire HR as to why the working conditions degenerated even after the intervention of technology. To my surprise the unions bargained allowance for introducing the technology in return with the argument that it may reduce the manpower vis-a-vis their membership and the management considered. ( ANY ONE COMFORT THAT BANKERS ENJOY IN THEIR WORKING AREA IS ONLY COMPUTERIZATION WITH EVER INCREASING VOLUME BUSINESS).  The only logic behind this theory is ordent communist ideology of the unions. Obviously,  it should have made it clear that banking industry survives on people not machines and risk taking factor is still lies in the hands of managers/officers.   Evidently, over the years the unions played  give and take role at the negotiating table and you will come to know WHAT INTEREST IT HAD SACRIFICED only when the settlement is over. 

THE QUESTIONS POSED TO ME DURING THE CURRENT LONG NEVER ENDING............ 9TH BIPARTRITE SETTLEMENT THAT PEOPLE WHO ARE HANDLING THE HELM OF AFFAIRS ARE NOT COMPETENT TO HANDLE THEM?  THEY HAVE NOT REPRESENTED OFFICER COMMUNITY PROBLEMS PROPERLY RATHER MADE TO BARGAIN FOR THE SAKE OF PENSION FOR THEMSELVES AS IT IS IN THE INTEREST OF MAJORITY

 

GOVIND SAHAI SINGHAL says : "What will happen to the present computer operators-category A after this settlement as there is no allowance for this category?,Pl. tell me"

 

Abhinav Gupta /Anshu963 says : THIS A POOR PLIGHT OF A WIFE OF A BANK OFFICER WHO IS WORKING AS SCALE IV OFFICER IN A NAT.BANK HE IS POSTED SO FAR FROM HIS NATIVE PLACE DELHI TO CHENNAI  ITS TOO FAR FOR HIM TO COME HOME ONCE IN A WHILE CAUSE HE DIDN'T GET ANY SORT OF HOLIDAYS ITS ALSO VERY DIFFICULT FOR US TO PAY THE FARE OF FLIGHT TO MOVE THERE CHILDREN ARE SCHOOL GOING THEY MISS THEIR FATHER A LOT ITS MY EARNEST REQUEST TO THE UNION LEADERS OR WHOSE SO EVER THAT MAKE A POLICY OF TRANSFERS WITHIN THE REACH OF NATIVE PLACE ITS A TRUE CRUELTY FOR THE KIDS AND FOR US TOO.

 

D S Murty says : "I AM RETIRED UNDER VRS SCHEME IN 2001 IN STATE BANK OF HYDERABAD.   NOW AS PER THE LATEST SUPREME COURT JUDGMENT THE NOTIONAL SERVICE BE ADDED TO THE PENSIONERS. WHEREAS IN UR STATE BANK SECTOR THIS IS NOT IMPLEMENTED SO FAR. WHAT IS THE REASON. DOES THIS SUPREME COURT JUDGMENT IS APPLICABLE TO STATE BANK SECTOR OR NOT.

 IF SO WHAT WE HAVE TO DO FOR IMPLEMENTATION.

 

Harshvardhan Gaikwad says :  It is just/sheer  making joke of the countries/economies pillars. who is not interested in wage revision is only who is "corrupted" and who is not at all interested in service/work. It is needed to go for action like "mass resignation" not union membership but service itself. let us see how they showing countries "Progress Development. Go on indefinite strike voluntarily because leaders are "leaders" in doing every thing.

 

Umesh says : "The Unions & Associations - of the retired people, by the retired people and for the retired people. What do you all expect from such organizations?

But then, there is an old saying in Hindi - "Yatha Raja, Thatha Praja" meaning "People Get  the King /Government they deserve. It is equally true about the Unions & Organizations who are elected by us, financed by us but are not working for us. It is our fault that we are feeding a parasite organism.

If you guys are really serious, stop your membership subscription at once and see the result.

 

SUNDARARAMAN KRISHNAMURTHY says : "Whether anybody can enforce RTI act to get the information from IBA regarding the delay in implementing 9th Bi-Partite settlement  for workmen".

Please let us know whether RTI act is applied to IBA.If so whether RTI act can be enforced to get the real truth behind the delay in settling the wage negotiationswhether the culprit is union/IBA/government"

 

SUBRATA PAUL says : "It has become joke. after some days span we come to know settlement will be done a particular date. this way 2 years elapsed. all department except public sector negotiation has not been done. since last year our bank viz state bank of India recruited more than 30 thousand staff. The young generation staff very often enquire about it we cannot give them proper answer. I earnestly request please do the needful without delay"

 

Govindarajan.L.N asks : "What is the method of calculation of family pension in case of death of the pensioner? The pensioner retired under Special VRS scheme 2001."

 

Raghunath S says : " This has reference to the information provided in aibea official website under the news and events head. The so called 90 days deadline got expired in February 25, 2010 which was signed in front of labour commissioner (God alone knows the purpose of bringing the labour commissioner in between).  (may be because of the two days strike notice for the labour commissioners' presence).

On 25th February 2010 only  progress in talks between IBA and the UFBU  was given in detail of course without any progress. What the so called leaders were doing all these three months and it was a pity to note that they could not even fix or get the next date for their meeting.  The leaders also requested the members not to yield to rumours and unwanted anxieties.

Had the so called leaders kept their members informed about  what exactly is happening between them and the IBA right from the day one of signing the MOU  in front of the labour commissioner  that too (after giving a strike notice for two days)  without a mention about the expiry of deadline for the MOU which was signed in front of the labour commissioner why should a member think about yielding to rumors and unwanted anxieties.

There must be some way out other than the present one when the so called m o u time frame  is not adopted and why not the leaders try that. Why it took one month after the lapse of deadline for the union to inform the progress (is there one) .  At least now let the so called leaders wake up and try f the alternate way to come out in the open and try to achieve either what they wanted else quit paving way for coming generation accepting their retirement of course without pension so that the remaining few bank employees may continue their day to day struggle without any mental agony about the wage/pension settlement putting the blame on the God..

 

Rajendra Mangaldas says : I AM WORKING IN NATIONALISED BANK AS A SCALE  I OFFICER I HAVE ONE VALID SUGGESTION PRESENTLY WE GET  CREDIT OF SICK LEAVE FOR 30 DAYS FOR  UP TO 18 YEARS AND 30 DAYS  THREE TIMES i.e.90 DAYS UP TO 27 YEARS.TOTAL LEAVE COMES TO 630 DAYS ON HALF PAY AND ALLOWANCES  i.e. 315 DAYS  ON FIULL PAY AND ALLOWANCES. I FEEL SICK LEAVE SHOULD BE CREDITED TILL THE YEAR OF RETIREMENT. PLEASE TAKE YP THE MATTER WITH IBA.

 

Sunil Dutt says : "I wish your site to display a request to all officers that they should not pay levy to unions after signing of agreement, unless they get an just and honorable wage settlement for officers. please also display the support received from officers. Hats of to you for taking up fight on behalf of officers who are otherwise betrayed by the stupid union leaders who are defunct both in working and ideas - A Betrayed officer"

 

Rakesh Mittal says : OH WHAT A BIG  ACHIEVMENT OF OUR UNION LEADERS.  I REALLY WANTS TO SALUTE THEM.  

 

Girdharilal Narula says : "A second option for PENSION  --  whether is it available to retired employees  -  retired after Nov  2007 onwards if they refund the banks contribution.  Please clarify"

 

Rajesh Rajpara says : " Thanks a lot for giving the settlement details of workmen. But in HRA portion i think there is some change because on AIBEA site it shows 9.5,8.75,7.50 and 7.00% and they also write that it will may be increase. So,  if possible please clarify regarding HRA so we can calculate correctly"

 

Mohankumar Viswambaran says : "The 9th BPS is really going to be a worrying factor for the bankers as the industry is going to loose most of the existing talents, and the future banking industry is not going to be charming industry for the youngsters to join. If IBA continues with this adamant attitude the banking industry will become another Pakistan with lot of non state actors. IBA and the Govt  don't forget the fact that the banks NPA are increasing rapidly. I am of the opinion the actual figure will be more than the so called agreed wage revision of 17.50% and with no green pastures seen for wage revision to take place soon the NPA figures the going to touch the wage revision done to the central govt. employees very soon.

This settlement I would say is really going to a BPS for the employees. After 9th BPS all bank employees will become real BPS meaning BELOW PAID STAFF.

Is the era of good bankers going to end in India?

 

Ram Kumar Sharma says : "I have been reading the views of the bank officers/employees regarding the 9th wage revision. near about more than 85% opinions are against our union leaders who are negotiating the   wage settlement and that too mainly those retired having key posts in the team. I would request them  to wait for this settlement whether it will be good or bad but after that not forget their duty to take initiative to say good bye to them (retired) who have been all the time interested in their own interests ignoring those in service. As horses are not changed in the battle field. 

 

Muraleedharan says : "Who is telling you to work from 9 to 9? You think that there is pressure from above. You can very well apply some pressure from below too.   Don’t complain the association for everything.  If you are really in trouble the leaders will come and protect you for sure.  Wage revision is different. Do you really feel that the leaders are aggressive against members?  Let  us come out for an open discussion.

 

 

Bajrang Lal Choudhary says :  "I have read the opinions of many comrades and agree with most of them . Further it is my opinion that some "conspiracy" certainly is there between the IBA and our union leaders otherwise there is no reason to keep such a prolonged silence."

 

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