Sunday, February 2, 2014
WHAT WE EXPECT FROM UFBU ?
You might have read my staus Pay slip cost -1 and 2
From the inputs from various circulars from Unions and inputs received by me from comrades,
it is now clear that total expenditure on employees by banks was Rs.56292 cr. as on 31.03.2012
And on payslip component alone it is Rs.31503cr.
Last time we achieved 10.98% on total expenditure towards salary(pay slip component).
Applying same % this time it comes around Rs. 6180 cr.
(10.98% ON 56292)
Now IBA has come forward upto Rs.3150 cr. only.
i.e almost half what we have achieved last time.
Therefore UFBU should not let up at any stage, unless we get more than what we have achieved last time so as to match with salaries of Govt/General Insurance/LIC/BSNL employees.
Many comrades ask “what will be my salary after revision?”
Time is not ripping to go for calculations.
While all our eyes on % of increase in salary,
We should not forget, apart from % of increase in wages, UFBU has raised many more important demands in common charter of demand.
We have to achieve all those demands also without which this increase will not be meaningful.
For those who have not read, I give below the details:
HIGHLIGHTS OF COMMON CHARTER OF DEMANDS!!
**Increase 30% for Clerks and 35% for Substaff .
(Cost of superannuation benefits should be outside wage cost.
Cost of Hospitalisation reimbursement to be outside wage cost)
**Stagnation Increments without ceiling.
**Increase in Spl.Allow. Commensurate with risk and responsibility, over and above merging of D.A.
** D.A. increase every month.
** Payment of HRA on Capital Cost / Rent Receipt basis upto 150% of normal entitlement.
** 5 days week BANKING to be introduced.
** New Pension Scheme to be withdrawn for newly recruited employees,
**Bonus Act to be amended to remove the existing eligibility ceiling and Bonus to be paid to allemployees. Till the Act is amended, Ex-gratia in lieu of bonus should be paid to all employees
** Introduction of a Medical scheme on the lines of CGHS of Government Employees.
** Petrol cost reimbursement.
**Casual leave 18 days, P.L. accumulation up to 300 days.
** Overtime for connectivity problem/late sitting.
**Reimbursement of lodging bill over and above Halting Allowance.
**Education loan on concessional rate to staff.
For Pensioners/Retired Employees:
**Gratuity calculation revision,
**Updation of pension with every settlement
**100% D.A. nutralisation,
**Family pension improvement,
**Extending 2nd pension option to all resigned employees,
**LFC and Hospitalisation for retired employees,
To read the common charter of demands in detail go for the following link: