Tuesday, May 23, 2017

RIPPLES IN SALARY REVISION NEGOTIATIONS.                                        

ALL INDIA BANK OFFICERS’ CONFEDERATION
(Registered under the Trade Unions Act 1926, Registration No.:3427/Delhi)
State Bank of India Officers’ Association
04th Floor, SBI Administrative Unit, No. 86, Rajaji Salai, Chennai- 600 001
Phone: 044-25227170 Tel/Fax 044 25227170
E-Mail: aiboc.sectt@gmail.com
Letter No: AIBOC/2017/19     Dated: 20/05/2017

Shri. Arun Jaitley,
Hon’ble Minister for Finance,
Government of India,
NEW DELHI.

Dear Sir,
BOTTLENECKS IN THE COMMENCEMENT OF SALARY REVISION
NEGOTIATIONS IN BANKING INDUSTRY

We are sorry to bring to your kind notice that even though the Government of India has been insisting for an early salary revision settlement at the industry level between the Indian Banks Association and the United forum of Bank Unions, there has been an unnecessary delay due to certain avoidable difficulties created by the Management of few banks in the Banking industry. It is historical that the salary revision in the Banking industry takes place once in 5 years through bilateral negotiations between the associations/unions and the Indian Banks Association covering over 10 lac workforce in the entire banking industry. During the last five decades we have concluded 10 bipartite settlements and the 11th one is now expected to take off. The first round of meeting was held between the IBA and the constituents of the United Forum of Bank unions on 2nd May, 2017 but without any concrete progress.  One of the major hurdles that we are now encountering is in respect of the ‘mandate’ to be given by the member banks to the Indian Banks’ Association. A few of the banks have given a conditional mandate creating a chaotic and confusing situation in the negotiations, by insisting that they are allowing mandate for discussions only upto officers of scale III and that the remaining scales will have to be left to the discretion of the Bank.
2. The Banking Industry is overwhelmingly under the control of the Government of India due to the historical decisions taken by the Government of India during 1969 and 1980. The Nationalization of Banks was in the best interests of the economy and to take Banking facilities to the nook and corner of the country. We have seen the great contribution made by the banks during the last several decades due to this consolidation and ownership by the Central Government. But there was one area which was causing serious industrial relations crisis in the Banks at frequent intervals. Different banks had different service conditions and compensation system creating serious problems in the area of HR management.  It was at this stage that the Government of India appointed Pillai Committee for the purpose of standardization of the scales and grades and also to bring parity amongst the Public Sector banks. After a thorough study of the service conditions that existed in those days, the Pillai Committee submitted a comprehensive report aiming at standardization and uniformity in the service conditions of the Officers in the Banking Industry. Thereafter, the Government of India introduced the recommendations of the Pillai Committee in the Banks for ensuring standardization and parity amongst the Public Sector Banks. Thus, a well-developed pattern was established over the next rounds of bipartite system in carrying forward the attempts made by Pillai Committee for the purpose of standardization of the salary scales and compensation system in the Banking industry. The Pillai Committee had recommended 4 grades and 7 scales which has now become a regular feature in all the Public Sector banks including the State Bank of India.
3. The Officers’ organizations have been negotiating with the Indian Banks Association in respect of all these 7 scales over the last several bipartites. Thus, the industrial relations have been cordial and harmonious as far as the salary structure and compensation systems were concerned as they were being discussed and settled through bilateral negotiations at the industry level.  The present decision of some of the Banks, in particular the bigger Banks, seem to create a similar disparity which was prevailing earlier to distort the broad parity that is prevailing in the banking industry by attempting to retain the right of decision in regard to the scale IV and above in the banking industry. This will defeat the very purpose of the Pillai Committee’s attempt in ensuring parity and the subsequent objectives of the bilateral settlement.
4. We have conveyed our sentiments to IBA in our informal discussions and have requested them to ask all the Banks to give an unconditional mandate for negotiations on all scales rather than restricting it up to scale III alone. We therefore request your kind intervention in the matter so that the issue could be resolved without any further escalation on this issue which may affect the smooth conduct of negotiations.
Please treat the matter as urgent.
Thanking you in anticipation.

Yours sincerely,

(D. T. Franco)
GENERAL SECRETARY

5 comments:

Devulapalli Srinivasa Murti said...

MY DEAR FRIENDS,



PETITION UPDATE

A RAY OF HOPE FOR ALL THE BANK PENSIONERS......

Devulapalli Srinivasa Murti
VIJAYAWADA, India

Inline images 1
27 MAY 2017 — I OWE MY GRATITUDE TO THE HON’BLE SUPREME COURT FOR THEIR INSTANT RESPONSE..........
A RAY OF HOPE FOR ALL THE SENIOR BANK PENSIONERS......


I place myself before you all to......
congratulate and express my immense thanks to one and all for the instantaneous positive response. Your deed of action in spontaneity by itself stand as testimony of your commitment to the fraternity of bank retirees. In fact, It’s a humble effort on my part to start with, as I do believe that -
-“A Smallest Good Deed Is Always Better Than A Grandest Big Utterance”

Your massive support by itself is a source of strength to carry the message further to the rest of our brethren for their involvement in joining the movement, to further gain accelerated momentum to exhibit our solidarity.

PLEASE REACH OUT TO YOUR DEAR COLLEAGUES WHO ARE YET TO SIGN THE PETITION IN THE BEST INTEREST OF ALL OF US -
A COMMON CAUSE .


In fact, I have been taking pleasure to associate myself in any job I undertake - be it in a group or on my own. As an individual , I have been working like a "One Man Army" with my own strategic agenda taking into account the views being expressed by my very many learned brethren who have been the only source of inspiration to my humble efforts. To that extent, I am a free man with no inhibitions/restrictions whatsoever. It has been my fortune that many of my learned brethren like you have been supporting the cause for which I have been striving for irrespective of their personal views on any other matter of their individual choice which is totally outside the purview of the cause for which we have been striving for.


KINDLY GO THROUGH THE FOLLOWING CONTENT AND ALSO THOSE IN THE LINKS APPENDED HEREUNDER WHICH WILL THROW ENOUGH LIGHT ,TO AVOID REPETITION.
THE CONTENTS ARE SELF-EXPLICIT.:

https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission/u/20329634?recruiter=20599606&utm_source=share_update&utm_medium=twitter&utm_campaign=share_twitter_responsive



https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission?source_location=minibar




Let us derive the motivated spirit from the recent sustained struggle of our Retired Defence Personnel for “OROP” (One Rank One Pension) which is still ringing in our ears.

By virtue of the "Magna Carta" (Record Note) of 25th May, 2015, we have been treated as "untouchables" by IBA/UFBU, to leave our fates to the destiny for ever.

FRIENDS, EVEN A CAT WILL POUNCE UPON US IN RETALIATION, WHEN CORNERED IN A CLOSED ROOM. RETALIATION IS THE IN-BUILT MECHANISM OF SELF PROTECTION - AN INHERENT NATURAL PHENOMENA IN EVERY LIVING CREATURE ON THIS LIVING PLANET.

WE ARE DRIVEN TO THE WALL .... NO OTHER RECOURSE BUT TO RETALIATE IN REVERBERATION .... NO ONE IS HEARING OUR CRYING. FORTUNATELY HON'BLE SUPREME COURT HAS TAKEN COGNIZANCE OF OUR PLEADINGS....

FRIENDS ! NO DOUBT - WE ARE OLD ENOUGH BY AGE - BUT BOLD ENOUGH MENTALLY TO ACHIEVE OUR GOALS........

WITH GREETINGS AND REGARDS TO ALL THOSE WHO LENT THEIR HELPING HAND FOR THE MASS MOVEMENT..

I ONCE AGAIN THANK YOU ALL FOR THE SUPPORT.......

Regards and greetings to one and all....

I REMAIN,
Devulapalli Srinivasa Murti

Anonymous said...

Sir i want to know whether retired employee of a bank is eligible for stagnation increment?

ASHOK KUMAR Arora said...

Don't expect anything out of wage revision . This will the worst settlement and only sell out of the interest of the workers. Can Union leaders answer to my query why gratuity ceiling is not enhanced for public sector bankers to Rs. 20 lacs at par with RBI staff wef 01012016. I may mention here that the enhancement in gratuity directly benefits each banker between Rs. 5 to Rs. 10 lacs.

Ashok Arora

Anonymous said...

Last time bankers got 2 percent hike on basic and da whereas lic and gic company got 13.5 percent hike on basic and da..........this time as per news iba likely to offer 1 percent hike on basic and da and 10 percent overall hike...ha ha ha...poor bankers

subburaj said...

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