We
had informed our unions and members, vide our Circular No. 15 dated
13.1.2014, about the outcome of the proceedings of the conciliation
meeting held in Delhi by the Chief Labour Commissioner on 13th
instant.
As
agreed in the meeting, the IBA invited the UFBU for discussions and
the bipartite talks were held today in Mumbai in the office of IBA.
IBA was represented by Mr T M Bhasin (CMD, Indian Bank) Chairman of
the Negotiating Committee, Mr. M V Tanksale, Chief Executive of IBA
and other CMDs/EDs who are members of the IBA's negotiating team.
UFBU
was represented by the representatives of all the constituent
unions.
During the discussions held today, after protracted negotiations, IBA finally agreed to improve their earlier initial offer of 5% on cost of Pay slip components (which amounted to Rs. 1575 crores ) to 9.5 % (amounting to around Rs. 3000 crores) which is exclusive of retirement benefits and other costs.
During the discussions held today, after protracted negotiations, IBA finally agreed to improve their earlier initial offer of 5% on cost of Pay slip components (which amounted to Rs. 1575 crores ) to 9.5 % (amounting to around Rs. 3000 crores) which is exclusive of retirement benefits and other costs.
The
IBA also reiterated that they would expedite the negotiations and
conclude the Settlement by June, 2014. IBA further informed that the
next round of negotiations will be held on 27th January, 2014.
From our side, while explaining the rationale behind our charter of demands, we pointed out that their offer needs to be further enhanced before we can reach any finality. However, looking to their improved offer and assurance to expedite the settlement, it was decided to defer our agitational programmes and proposed strike action on 20th and 21st January, 2014.
We congratulate all our unions and members all over the country for their enthusiastic preparation for the strike which has resulted in the above outcome.
Further developments will be informed to units after the next round of negotiations.
From our side, while explaining the rationale behind our charter of demands, we pointed out that their offer needs to be further enhanced before we can reach any finality. However, looking to their improved offer and assurance to expedite the settlement, it was decided to defer our agitational programmes and proposed strike action on 20th and 21st January, 2014.
We congratulate all our unions and members all over the country for their enthusiastic preparation for the strike which has resulted in the above outcome.
Further developments will be informed to units after the next round of negotiations.
In
the meantime, it is necessary to maintain our unity and preparedness
which alone can guarantee accomplishment of our demands.
http://www.bankunionaibea.in/html/newseve.html
http://www.bankunionaibea.in/html/newseve.html
where is 5 day banking ? regulated working hrs..???????? all bankers are very disappointed by your move.
ReplyDeleteI agree with yiba. Why we are not taking 5 day banking seriously...
DeleteBut strike to hona hi chahiye Tha kyo Ki isse iba par dabaw Banta.unhone agar apne offer ko improve v kiyaa to wo v only 4% extra.aaj ke tim me itni sallery se to kuchh kar pana impossible hai
ReplyDeletePlz do something for Saturday off......bcoz its too much work load on us
ReplyDeleteVikas kumar Unions are not interested to listen our problems...
ReplyDeleteHAM LOG SABHI APNE ASSOCIATION PER BISWAS KARTHE HAI UNHE V HAMARE BARE ME JRROR SOCHNA CHAHIYE,ITNE MAHGIYE ME BAAS 9.5% NOT ENOUGHT
ReplyDeleteSTRIKE KO NAHI CHORNA THA