Increase in Pay Slip Component Settled At 15% and Two Saturdays in a Month to Remain Off by Rajesh Goyal
We place below the details of the agreement reached between UFBU and IBA on 23rd February, 2015, which can be considered as breakthrough in over 28 months old overdue wage revision for bankers:-
Thus, now it is almost seized that increase will be around 15% (it can vary to small extent for different Scales and at different stages) . Two Saturdays in a month will remain off whereas two (sometime three in a month) other Saturdays will be full working days. Now for other issues further discussions will be held resulting in detailed scales for workmen, Scale I to Scale VII, and fixing of stage to stage fitment etc.
Soon we
will
find lot
of
tables
coming
up
giving
the
increase
for
various
scales.
These
will not
be
accurate
but at
best may
give
some
approximate
values
if the
person
who
prepares
the same
knows
the full
details.
Therefore,
you may
have
patience
but can
always
check
the
approximations
that
will be
soon
uploaded
at
various
places.