Two-day bank strike call stands as conciliatory talks fail-Business Line--06.02.2014
NEW DELHI, FEB 6:
The two-day all-India bank strike call given by the United Forum of Bank Unions (UFBU) for February 10-11 stands as the conciliatory talks held in the Capital today failed.
The strike call stands as the Indian Banks' Association (IBA) declined to improve their earlier offer of wage increase of 10 per cent on payslip cost, C.H. Venkatachalam, General Secretary, All India Bank Employees' Association, told Business Line.
Efforts by Chief Labour Commissioner B. K. Sanwaria, who presided over today's meeting, to avert the strike did not yield any result, sources close to the development said.
All India bank strike on Monday--The Hindu-06.02.2014
The United Forum of Bank Unions (UFBU) has called for a 48-hour all India bank strike on February 10 and 11, as the conciliation talks with the banks’ management regarding raise in wages remained inconclusive. The next round of talks will take place on February 13.
To avert the two-day bank strike, Chief Labour Commissioner B.K. Sanwaria directed the Indian Banks’ Association (IBA) to hold conciliation meeting with the Union representatives in New Delhi on Thursday. As the management failed to improve its earlier offer of 10 per cent of wage increase, the UFBU officials announced the strike.
Originally, the all India strike was slated for January 20-21. It was deferred as IBA increased its offer from five per cent to 9.5 per cent and promised to improve it further. During its last meeting on January 27, IBA improved its offer by a paltry 0.5 per cent to 10 per cent.
This annoyed the UFBU representatives, who have been seeking an increase of nearly 30 per cent, as the wage revision of public sector bank employees was due since November 2012. There are 27 public sector banks in the country with an employee’s strength of about 8 lakh.
All India Bank Employees Association, general secretary, C.H. Venkatachalam said: “the strike was forced on us as there was no further improvement in talks with IBA. Hence, the strike call stands. A demonstration was held on Thursday across the country protesting against the delay in wage settlement. About 1 lakh officers and employees from Tamil Nadu will take part in the two-day strike.”
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ReplyDeleteI still feel that the UFBU has not learnt any lesson from the IBA's negative attitude towards the Bankmen in respect of the wage revision as done in the earlier so many occasions. At least from now onwards, they should boldly take steps to announce the INDEFINITE STRIKE with other agitation programs at the earliest to get our wage revision respectfully. It is the right time for us to win our wage settlement at this juncture. We the bankmen are ready to co-operate with the UFBU leaders in this regard.
ReplyDeleteIndefinite strike...salary at par central gov. employees
DeleteI also join view of Me K Jaganathan
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ReplyDeleteWhy is it that when even non productive sectors like Govt service is granted astronomical wage increases Bankers are deprived of a decent settlement every time it happens.I think Bankers including the trade unions are to be blamed for putting up a luke warm resistance to IBA's/GOVT's overtures for a trumped up settlement.This sector which is perhaps as important as the Armed forces does not realise its strength at the negotiation table.When the Country's economic and comercial entity rests with Bankers the Govt should me made to realise the responsibility and the gross risk that rests with the Bankers and therefore the demand for adequate compensation.
ReplyDeleteNow increase must be at least 50% because this demand of 20 to 30% was for nov 2012. In recent price of everything is growing high so only 20 to 30% demand is not justice.
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