Showing posts with label Bipartite settlement. Show all posts
Showing posts with label Bipartite settlement. Show all posts

Saturday, June 14, 2014

Narendra Modi And UFBU

UFBU Needs to Learn Lessons from Modi-By Rajesh Goyal-allbankingsolutions.com

I am sure the above headline will not go well with the left dominated unions in banks.as Modi is a big No No for most of the political parties, particularly left parties.  However, one need not consider anybody as untouchable, specially when you can learn few good points in him.  The following is the brief advise to UFBU leaders based on the Modi's performance so far  :-

(a) Learn the Art of Time Management :  UFBU leaders are notoriously known for the wasting of their time.   Although they will spend lakhs of rupees on fastest modes of travel, yet they will waste huge amount of time in unnecessary and irrelevant talks and discussions.  They will rarely focus on the subject for which they have travelled.   

Now here is PM of India who sleeps around mid-night but wakes up by 5.00 AM.  Today (14th June 2014), it is less than a month when results were declared and it is merely 18 days since he was sworn in, but he has created ripples among the Heads of States in neibouring countries.   Countries like US, China, Japan are trying their best to get his attention.  New cabinet has taken over, moral code of conduct for ministers is in place and bureaucracy is having sleepless nights.  

All this happens because Modi knows the art of time management, which specially retired people like me have to learn.  Frankly speaking I can not claim myself to be most proficient time manager, yet I feel I never slacked too much.   Even after retirement, I have adopted easy going schedule but I try to write something and update students or banker.  However, the working of UFBU clearly indicates they are the least proficient in time management.   IBA and UFBU took three months for holding negotiating meeting on 13th June 2014 (Previous meeting was held in the middle of March, 2014).   

Outcome of the meeting is that as asked by IBA three months earlier, UFBU conveyed that its' demand is of 25% increase and IBA increased the offer to 11% from 10%,   Question is whether to exchange these two statements, there was need to wait for 3 months and why it was necessary to fly / travel all the UFBU leaders and IBA officials at one place to announce this.   This could have been easily exchanged through email at least 2 1/2 months back and without any cost I am sure all must have had a good Tea Party / Lunch .

The worst part is that even after the meeting was over on the afternoon of 13th June and almost 10 lakh bankers are breath takingly waiting for the circular of UFBU, these leaders are sleeping and I have yet to see the circular till the afternoon of 14th June i.e. after 24 hours of the meeting.   I know in earlier settlements they used to take even few days to issue such circular as there was no pressure from social websites. 

Times have changed, and now cadre excepts that full fledged details to be released within few hours and not after few days.   Some of the newspapers have covered the story in today's newspapers, but no circular from UFBU leaders.   Are they so busy that they can not draft a letter of one page giving what actually transpired in the meeting?  God save the Aam Banker from such retired and slow bankers.   UFBU needs to learn their lesson fast

(b) Learn the Art of Out of Box Thinking :   In number of my earlier articles I have written clearly that UFBU leaders have to think of something out of box so that they can impress upon IBA and GoI to agree to come to the negotiating table with open mind (not a mere increase of 1/2% or 1%).    Modi did absolutely same thing when he called all SAARC leaders to his sworn-in ceremony.   Worst critics and his enemies have appreciated Modi's move.    Had he tried to call these leaders later on, there would have been huge uproars by critics.  Whether this move will bring long term benefits will be known only in the future, but Modi has certainly won the hearts of Sri Lanka's President, Bhutan Kings friendship, Bangladesh's goodwill and sent a message to Pakistan that Modi at first stage is looking for peace.   

UFBU must open back room channels and find out what Government wants to do with PS Banks.  In the interest of the bankers, it should shun its stand on bank reforms and merger of banks.   Let them have free and frank discussions on pros and cons of such moves and get a good wage revision in lieu of such reforms.    

In case UFBU adopts adamant attitude, GoI is unlikely to give high wage revision and will continue to press for bank reforms and with hardly any opposition, Modi Government will be able to implement bank reforms.   Thus, bankers will be loser from both sides.  Are all bank reforms so bad?   There is a need to throw out the mentality that whatever reforms Govt will bring are against the bankers.

(c) Bring Transparency in the Unions :   Modi government has also started the process of bring transparency in the system.   We have to wait for few months before finding out as to finally how much he will succeed, but there is massive resentment among the bank cadres against the retired leaders.    In politics, there is no age bar, yet Modi has blocked all the old netas with over 75 years of age, because he knew that public in reality wants such leaders to retire.   Modi understands the mind of the people.   UFBU leaders too needs to understand the mind of the general banker. 

  There should be bar that nobody will serve in the union after the age of 60 years but there can be two to three co-opted retired members who will advise the main union (serving members)  on the matters relating to the retired bankers.   Such leaders should have say only in matters relating to retired bankers.   To avoid the acrimony among serving staff and retired staff, let it be decided that in each BPS what will be the ratio of cost burden among serving employees and retired bankers, for example it can be 75:25 between serving and retired bankers  or any other ratio which is acceptable and is workable.   This will end the fight between serving and retired bankers as to who takes more advantage.

I am not sure if any of UFBU will even consider taking my advise, but as on few occasions I have been asked to give my practical suggestions, I am trying to put across the suggestions for consideration of my serving and retired colleagues.    Remember, the above article is without my personal liking or disliking of Modi on various issues.

Friday, June 13, 2014

Frustrating Outcome Of Wage Talk

Bank wage talks resume after 3 months -Hindu Business Line

Kochi, June 13:  
The long-term wage-settlement negotiations between the trade unions in the banking sector and the Indian Banks Association, which got stalled during the last lap of the Manmohan Singh Government, have resumed.
 
On Friday, the IBA functionaries held talks with the leaders of the United Forum of Bank Unions, representing a large number of trade unions in public sector and private sector banks. The last round of talks between the UFBU and the IBA, along with Finance Ministry officials, was held on March 14.
 
However, Friday’s talks ended inclusively, UFBU leaders told Business Line. At the talks, held in Mumbai, the IBA upped its offer of wage rise from the earlier 10 per cent to 11.
 
But, the UFBU insisted that there should at least be 25 per cent increase in the ‘pay slip component’ of the bank staff. The IBA rejected the demand outright and the talks ended inconclusively without setting a date for the next round of talks.
 
Leaders said this was the first time that the UFBU had put figure to figure their demand for wage rise. But, the IBA functionaries’ offer had not come anywhere near the unions’ demand.
However, union leaders feel that now that a new Government is in place at the Centre, the IBA will substantially improve its offer in the next round of talks. The IBA needs the Finance Ministry’s nod for making an improved offer.
 
Link Hindu Business Line
BY  Dhruba Debnath    -----BLACK FRIDAY FOR BANKERS!!!!

Today's meeting again proved we have a long struggle & fight for an ideal WAGE.I like other bankers became quite disheaertened after reading some of my friends post of 11% offer.This seems that we are no more a white collared employees as if we are being treated like MANREGA workers whose wages are being increased by existing GOVT.like what IBA offered with 1% increase from their previous offer which they too were offering before the elections.

 If we see from the side of IBA whatever offer they had made till today on looking at the balance sheets of some of our struggling PSU banks,whose balance sheet are not in a position of shedding out 10% towards wage for the employees.

 It doesn't mean that I am too acting like the puppet of IBA.According to sources whatever I had heard before the submission of "CHARTER OF DEMANDS",where IBA had already offered to our UFBU leaders that demand of min.40-50% offer was acceptable to them if they allow the old proposal of MOF "MERGERS".

 The above proposal of "MERGERS"which was rejected by the UFBU and they oppose the same till today.

 My dear friends I dont think myself an enriched economist or an experienced banker but whatever today I am expressing is all the frustration which I think you all are feeling after almost 18 months.
1)UFBU will always oppose "MERGERS"because it will bring an end to their luxury time.


 2)MERGERS will reduce the existing numbers of GS,AGS,Executive Members of each & every banks enjoying the best postings in their tenure.

 3)MERGERS will immediately force them transferred to far away places because some of them are enjoying those postings for >7 years(approx.)
I do agree that MERGERS might give a set back to employees of loosing one increment but I think that atleast by shedding one increment we can get a better pay hike.
If we can shed our hard earned salaries for stupid 2 days strike which resulted in 11% hike in todays meeting.


 I think we the existing staff can happily welcome "MERGERS" because already we are in the deadline and somehow its not know but in next settlement we have to get ourselves merged with other BANKS.
During 90s there was huge opposition from this UFBU regarding Computerisation but finally we are working in that environment.


 4)MERGERS will bring quality in our work environment where we will get our respect back which we dont have in the society.
5)Branch Managers dont have to fight for GOVT.DEPOSITS,sorry not fight its begging for a cheque from the 10th pass babu working in GOVT DEPT.


 6) Competition of retaining NO.1 POSITION locally among other PSUs will vanish & this will help us to compete with other GLOBAL BANKS at International Level.(still we the INDIAN BANKS are strong as per our tight norms like BASEL 3)


MY DEAR FRIENDS I WOULD SUGGEST THAT PLEASE DONT GO & SUPPORT ON STUPID 1-2 DAYS STRIKE CALLED BY OUR THINKERS UFBU.
ITS TIME NOW WE SHOULD OPPOSE THIS &FORCE OUR LAST & EXISTING LEADERS TO GIVE US A RESPECT IN THE SOCIETY.
WE HAVE TO ACCEPT THE FACT THAT XTH BIPARTITE WILL NOT FETCH A BETTER PAY BUT IT MAY FETCH A BETTER PAY FOR TO BE RETIRED LEADERS ON SOME BETTERMENT IN THEIR PENSION SYSTEM.

 I MAY BE NOT LIKED BY ALL BUT SORRY I CANT CONTROL MY FRUSTRATIONS ANYMORE…..
STILL A HOPE IS THERE THAT ONE DAY TIME WILL COME WHEN WE WILL GET BACK OUR LOST DIGNITY…..

WAGE REVISION- Xth BI-PARTITE SETTLEMENT:
BY JSOMA SHEKARA

(I.B.A.) improved their offer from earlier 10% to 11 % which UNITED FORUM OF BANK UNIONS ...( U.F.B.U.) rejected.Since detailed circular has not come it would be improper to comment about it. However detailed circular will have only minor additional details like heading of Union reporting it and name of the person signing it.Everything else will be same as reported perviously.


1. To day nothing has been discussed. It must be noted that during Feb meeting itself IBA has asked how much wage hike UFBU is expecting. At that time UFBU did not gave any specific reply.
2. UFBU also has not asked IBA if not 25% how much wage hike IBA is ready to agree. Both could have arrived at some figure between 11% and 25% viz. 15% or 17%. So that UFBU could move on to other major demands like Pension Updation etc.
3. It is not clear since there is stalemate on wage revision, whether UFBU has taken up Pensioners issues in to day's meeting. Was Pensioners issues brought in Feb and Mar to chat on something and spend time as Election Code was in force?
4. Next meeting will be scheduled for some where in August and again IBA will improve its offer by 0.50% or 1% and UFBU will reject to be discussed in next meeting.
Had UFBU leaders were serious before attending meeting they would have met FM and requested him to issue guidelines to IBA to finish BPS in a short time.
We do not find any UFBUs writ in negotiations. They will just attend meeting and report IBA has said this said that we did not agree.

JSOMA SHEKARA

Outcome Of Today's Meet With IBA---??????

Sangharsh KARO
2 hrs ·
WAGE REVISION- Xth BI-PARTITE SETTLEMENT:
During today's negotiations, INDIAN BANKS ASSOCIATION (I.B.A.)

 improved their offer from earlier 10% to 11 % which UNITED FORUM OF BANK UNIONS ( U.F.B.U.) rejected.
On I.B.A.'s request to spell out our expectation, U.F.B.U. told 25 % on Pay Slip Components which I.B.A. said not possible to consIder.

 Further course of action will be decided by U.F.B.U. shortly....
Circular follows.
TAHIR ALI
N.C.B.E
 
 
 



During today's negotiations,

 IBA improved their offer from earlier 10% to 11% 

which UFBU rejected. 

ON IBA's request to spell out our expectations, 

UFBU told 25% on pay slip components 

which IBA said not possible to consider


( Above unconfirmed news is from facebook)





National Organisation of Bank Workers - NOBW


During today's negotiations, IBA improved their offer from earlier 10% to 11% which UFBU rejected. ON IBA's request to spell out our expectations, UFBU told 25% on pay slip components which IBA said not possible to consider.