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*****CURRENT NEWS******
* 23.02.2015: Wage revision settled at 15%(4725%)
2nd and 4th Saturdays will be Holidays.
Other Saturdays are full working day.
Four days strike deferred.
Detailed circular follows.
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*Consumer Price Index number for Oct,Nov,and Dec. is 253.
0.34 point over average of last quarter.

Hence D.A from Feb 2015 to Apr.2015 is 734 slabs(+2slabs)
i.e 110.10% (+0.30%)
*********************************************************************

* Revised LFC encashment amount from 25.06.2014!

*Compassionate appointment for Bank Employees
restored from 05.08.2014!
Legal heirs can opt for either employment or ex-gratia !

Tuesday, February 24, 2015

Clarifications!

Clarifications;
Whether working hours increased because of Saturday holiday?
No. How?
Working hours are 6.5 hours for full day& 4 hours for Saturday.
In a month you save 4x2=8 hours for holiday.
U work extra 2.5x2=5 hours for fully work.
Ur working hours is reduced in year
=(8-5)x12=36 hours.
In a year if 5th Saturday comes 4 times u work extra=2.5x4=10 hours.
Even then ur working hours are reduced by=36-10=26 hours in a year.

Monday, February 23, 2015

Settlement finalised !Minutes signed !

We are happy to inform that
in today's talks,
wage revision settled at 15%(Rs. 4725 crores) w.e.f 1.11.2012.
2nd and 4th Saturday's will be holidays and other Saturday's will be full working days. Strike deferred.
Detailed circular follows.
Pradip Biswas, GS BEFI


Sunday, February 22, 2015

Finance Minister's Appeal!




Finally our Honourable Union Finance Minister wakes up and opened his mouth on Bank Employees Issue.
Whether he is unaware of this issue when we strike work for 5 days during last 27 months?
Why he is appealing now not to go on strike?
It is timing of the strike.
It is number of days of strike call.Is he appealing or threatening?

Saturday, February 21, 2015

Will UFBU ensure....?

Zoom and read;
Last time in 9th B.P.S an SWO got 18.11% increase on
Nov.2007 in gross salary.
i .e at starting date of the settlement .
Whether UFBU will ensure more than that in
10th B.P.S.?

Friday, February 20, 2015

Outcome of Conciliation meeting!


20th Feb. 2015
PRESS RELEASE by Com C H Venkatachalam(AIBEA)
ALL INDIA BANK STRIKE – 4 DAYS FROM 25TH TO 28TH FEB. 2015
******************
CONCILIATION MEETING HELD IN DELHI TODAY
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IBA COULD NOT IMRPOVE THEIR OFFER BUT FURTHER BIPARTITE MEETING
TO CONTINUE ON 23RD FEB AT MUMBAI
HENCE STRIKE CALL STANDS AND WILL DEPEND ON
OUTCOME OF TALKS ON MONDAY
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In response to the strike call issued by the unions, the Chief Labour Commissioner Shri P P Mitra held a conciliation today in his office in Delhi.