Glimpses of Signing Ceremony of 9th Bipartite ; Salary Revision and Pension Option It is a momentous and historical settlement signed by. AIBOC and other . Basic Pay Chart and Pay Scales of bank officer with annual increment in Pay Scales. 7th Bipartite Settlement, 8th Bipartite Settlement, 9th Bipartite Settlement. Salient Features of Bank employees 9th Bi-partitement Settlement of wage ( salary) (Pay) Revision.
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Because of very low salary and hard working conditions, many candidates who apply for a bank job on coming to know about salary structure either do not appear in the test or not join after being selected or leave after joining. In the talks held between IBA and Unions understandings were reached on the various service conditions and the chart on distribution of the total increase of Officera. Wage settlement- Workmen – Developments – Project Area Compensatory Allowance: Pages Home Charter of Demands- 9th bipartite.
Indian Banks 9th Bipartite Settlement: Officers new pay
The Settlement will be effective from November to October The wage revision and pension option have been signed on 27th April with the IBA, by the Unions. More than 50, retirees will also get the option to join the pension scheme. Reimbursement in Road Travel: Next discussions on 9th and 10 th April The Pension option Settlement has also been signed Under the banner of UFBU, all the 9 unions have signed the Agreements covering both employees and officers.
It is being publicized that bank employees got a very good wage hike but the following facts speak adversely:. It is said that bank employees can not be given benefit of VIth pay Commission recommendations as they get wage settlement every five year whereas paycommission recommendations are implemented once in 10 years. Saturday, April 3, Payscale – Officers. Within the maternity leave entitlement, women employees can avail 45 days special leave for undergoing hysterectomy operation.
Unions never demanded parity with VI Pay Commission.
It is but natural an endeavour to oppose the pay commission. Thus in every recruitment process banks are collecting lacs of rupees from unemployed youth. Latest news on 9th bipartite settlement. Union of India Chinnappa Reddy, J.
Tuesday, April 27, 9th bipartite signed on 27th April When compared with the pay package of international banks, the Indian banks pay least to their employees. Hence a settlement entered into by them is not binding on members. What is your officerss on settlement?
Indian Banks 9th Bipartite Settlement
Article 14 of the Constitution enjoins the State not to deny any person equality before the law or the equal protection of the laws and Article 16 declares that there shall be equality of opportunity for all citizens in matters under the State.
For Clerks and Substaff Upto 15 th Stage: Definition of dependence under family: Compensation for losses due to breakage setrlement damage to goods on transfer: In Randhir Singh Vs. Officers payscales – updation. For November, to April, Unions are not specifically mandated by existing employees to negotiate salary and enter into a Bipartite settlement.
Hence a Bipartite Settlement for officers cannot attain overriding effect on Pillai Committee. Thus they are milking the Bi-partite settlement for Rs. Draft settlement will be taken up for finalisation. Let the corruption increase, the govt. From May, – For Clerks. Ministry of Finance, Government of India. Major A class cities – 8. Wage settlement – Officers – Developments – The recommendations of this Committee were implemented w.
It is painful that a bank officer is being paid less than a clerk of govt.
Special Leave for Women: Settlement will be signed on