Saturday, January 18, 2014

Union Letter After 9.5% Increase Offer





Dear friends, don't worry. 9.5% is now initial offer by IBA instead of 5% earlier. UFBU not yet agree for 9.5% hike. CLC has been ordered to IBA to complete the settlement by June, 2014. Hence, talks between UFBU & IBA will be carried out by every fortnight 

So, please do support to our Unions and wait for fruitful settlement. UFBU ZINDABAD. LONG LIVE UFBU.



BEFI CIRCULAR

Revised offer by IBA for 9.5% increase 
Next talk on 27th January
UFBU decides to defer Strike Call on 20-21st January,2014 

Today another round of discussions took place between UFBU and IBA in Mumbai. The talk was preceded by a brief meeting of UFBU in the morning in which approach of UFBU for today’s talks was discussed and decided. The meeting was participated by Com GMV Nayak, our Vice-President and the undersigned.

During the talks IBA while reiterating their issues like CTC, Mediclaim scheme etc, suggested that before any revised offer is given them, UFBU has to assure that they will not be going on strike on 20-21st January. This stance of IBA was not acceptable to UFBU and its representatives said IBA should first come out with their revised offer and only then UFBU will be able to say something new on its strike decision.

This position taken by UFBU mounted pressure on IBA and they gave their revised offer of 8% increase on pay slip components. Responding to this UFBU said that with this increase it is not possible for them to rethink on their strike call.

Arguments and counter arguments with some break in the discussion continued for some time and ultimately IBA went up for 9.5% increase of pay slip components (which was Rs 31,105 crores as on 31.03.2012) that includes, BP. DA, Special Pay, CCA, HRA, Conveyance Allowance paid with salary, FPP, Annual Medical Aid.

Responding to this UFBU said that this can be the basis of further negotiation and for that immediate date for next talks should also be fixed by IBA today itself. IBA agreed to hold next talks on 27th January, 2014.

In this backdrop UFBU decided to defer the strike call on 20-21 January, 2014.

Comrades, there is some progress in the process of negotiation due to our agitational programme including strike action. We have to continue the spirit not only for achieving a reasonable wage settlement but also to fight back the anti people reform measures in the banking sector.

With greetings,

Comradely yours,

(Pradeep Biswas)



Dear comrades

Wage Revision talks – 7th round - Developments
48 hours strike deferred 

AIBOA’s circular No.2: VI: 2014 dated 17.01.2014 on the subject is reproduced for your information and circulation among all officers.

In the background of the conciliation proceedings held at the office of CLC[C] on 13th January 2014, the 7th round of talks was held at IBA office, Mumbai today. IBA was represented by Shri T.M.Bhasin, Chairman, Negotiating Committee, IBA, Shri S.L.Bansal, CMD, OBC, Shri Rajiv Rishi, CMD, CBI, Dr.J.N.Mishra, DMD, SBI, Shri Rakesh Sethi, ED, PNB, Shri M.V.Tanksale, CEO, IBA, Shri K.Unnikrishnan, Dy. CEO besides the officials of HR department, IBA.

2. The representatives of constituent unions met prior to IBA meeting for deciding the collective course of actions to move forward in the negotiations of wages and other issues listed in the Charter of Demands.

3. As this meeting was the first one in 2014, pleasantries were exchanged. Chairman, Negotiating Committee IBA initiated the dialogue by chronologically listing out the progress made in the earlier six rounds of discussions. Taking forward the discussion, CEO, IBA reminded the constituent unions to respond to the three issues viz., [i] C2C [ii] negotiations for officer up to Scale III and [iii] Hospitalization to be linked Health Insurance package. While IBA is positive to move the matter further, sought to know the UFBU’s approach on the proposed strike on 20th/21st January 2014, saying that the owners are unhappy of declaring strike in the Industry.

4. The Union’s representatives made it clear that unless there is substantial improvement in the offer already made, it would be difficult to take a call on the strike declared. After repeated reiteration from our end, the IBA made an offer of “9.5%” increase on pay slip components amounting to around Rs.3000 crores with an assurance to improve further. The next date for discussion has been fixed to be held at Mumbai on 27.01.2014.

In view of the forward movement in the talks, it was decided to defer the “48 hours strike” on 20th & 21st January 2014.

/S.NAGARAJAN/ GENERAL SECRETARY/ AIBOA
With Greetings,
Yours Comradely,

(D.S. GANESAN)
General Secretary
aiubosa,aiboa

5 comments:

  1. What is 'pay slip component' exactly stands for...???? Ufbu should clarify this ambigeous term which is horrifyin our members. It is thr primeduty of any union to disclose each aspect of the negotiation before its members. Why they both( ufbu nd iba) are silent on this term.

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  2. Fuck! There is nothing... this is not even an yearly increment for 6yrs.. its nothing..fot wt we are working.......minimum should be 25 is minimum

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  3. JUST FOR 9.5% REVISION STRIKE WAS DEFERRED. SO MUCH FOR SHORT SIGHTED UFBU LEADERS. THEY ARE INCAPABLE OF NEGOTIATION. AP GOVT GAVE 27% INTERIM HIKE TO EMPLOYEES SALARY. WHAT DO UFBU LEADERS SAY FOR THAT. I WISH I STOP PAYING SUBSCRIPTION TO UNION AS LEADERS ARE HAND IN GLOVES WITH THE MANAGEMENT IN DEPRIVING BANK WORKERS THEIR DUES. WILL THE LEADERS EXPLAIN WHAT WILL OUR SALARY COMPARED TO CENTRAL GOVT EMPLOYEES VIS A VIS 6TH PAY COMMISSION. MY FOOT!!!!!

    IBA SAYS THERE IS PROBLEM OF NPA. NPA's AROUSE DUE TO NEXUS BETWEEN POLITICIANS AND BANK EXECUTIVES. HOW COME ORDINARY EMPLOYEE IS INVOLVED IN THIS. GOVT. DOES NOT WANT TO PAY RESPECTABLE SALARY TO BANK EMPLOYEES BUT WANT BANKS TO PAY DIVIDEND OF MORE THAN 100% TO THEM. ARE OUR LEADERS QUESTIONING THIS. SHAME ON OUR LEADERS.

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  4. Dear young generation is only paying subscription fees but attending any demonstration and this is not the end of negotiation..there are the experienced person they know they are there on behalf of us. Day by day unity is decreasing in banks so don't be annoyed be cool and have some faith on your leaders.if we will not give value to our leaders how FIBA and govt of India will give..

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  5. It is better that we should resign from the Unions/Associations enmass and give a shock to the UFBU.

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