AIBEA WAGE REVISION

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AIEBA Wage Revision Updates : Breakthrough in Talks - IBA Improves offer, Further talks shortly - UFBU defers strike


To our demand for a minimum increase of 20% in the wage bill, IBA was willing to improve their offer from 15% to 17% subject to approval by Managing Committee. UFBU wanted IBA to further improve their offer to 20%.


Reports bankunionaibea.org site

Previous update Banking News - June 09, 2009 IBA calls meet with unions to preempt June 12 strike, BUSINESS STANDARD, Anindita Dey / Mumbai June 09, 2009,
After the failure of talks with the chief labour commissioner, the Indian Banks’ Association (IBA) has called for a meeting of all bank unions under the United Forum of Bank Unions for further negotiations on wage revision and to persuade the employees to withdraw their planned June 12 strike.
Officials said the IBA had three major agendas to discuss, the most important being to
persuade the unions to accept the new pension scheme, otherwise known as the contributory
pension scheme, for new bank employees. Currently, the bank unions are vehemently opposing it since unions of no other sector has accepted it to date.
the amount of wage revision. The employees are demanding a 20 per cent hike in their
salary as opposed to IBA’s 15 per cent raise.

aiboc, aiboa, iba, aibea wage revision, aibea union,aibea wage revision

AIEBA | About AIEBA | AIEBA Website | All India Bank Employees Association (AIBEA) | www.bankunionaibea.org

All India Bank Employees Association, the oldest and largest national trade union centre of bank employees in India, was founded in 1946 on the 20th of April in Kolkata.

AIBEA is guided by its twin policies of

(a) Progress of the banking industry to enable it to play its due role in national development and
(b) Protecting and promoting the interest of the bank employees.
Contact Details AIBEA :
Prabhat Nivas, Singapore Plaza, 164 Linghi Chetty Street, Chennai 600 001 India
Ph: 044 25351522, 044 65431566
Fax: 044 25358853 All India Bank, Employees Association

Labels: 2009, India News, Latest, online, sixth pay Commission, update


the amount of wage revision. The employees are demanding a 20 per cent hike in their salary as opposed to IBA's 15 per cent raise. aiboc, aiboa, iba, aibea wage revision, aibea union,aibea wage revision ...
... for pension option and wage revision on the basis of the MoU signed between IBA and UFBU on 25-2-2008 and the subsequent discussions held between UFBU and IBA and spare the industry of the avoidable industrial unrest. Source AIBEA. ... If you still have any doubt and believe that they are fighting for wage revision, please see the memorandum submitted UFBU to MOF and IBA. Out of 7 pages of memorandum, 6 and half page is dedicated to 2nd option of pension and at the ...
c) Wage Revision: From UFBU, we brought to the attention of the IBA about the growing anxiety on the part of the employees and officers over the delay in finalizing the wage revision settlement. We suggested that the whole issue should ...