Tuesday, January 6, 2015

IBA has comeup to 12.5% ,
talks to continue tomorrow.
Proposed strike on 7th deferred.
----BEFI news
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Deccan chronicle 

Tuesday, Jan 06, 2015 | Last Update : 
Home » Business » LATEST
Bank unions defer proposed strike on January 7
PTI | January 06, 2015, 19.01 pm IST

New Delhi: Public sector bank employee unions have defered their one-day strike, proposed for January 7, while negotiations will continue tomorrow with the management representatives on wage hike and other issues. 

Bank unions have deferred the strike as Indian Banks Association (IBA) improved the offer to 12.5 per cent from 11 per cent, said United Forum of Bank Unions (UFBU) Convener, M V Murali. The UFBU is the umbrella organisation of nine bank employees and officer unions. All India Bank Employees Association General Secretary C H Venkatachalam said negotiations would continue tomorrow as the unions have not agreed to the improved offer. 

"We will continue to negotiate for further improvement in the wage revision with the IBA,"
Venkatachalam said. The wage revision of public sector bank employees has been due since November 2012. "We have scaled down our demand from 25 per cent to 23 per cent (wage hike) and further to 19.5 per cent. We want a respectable hike in line with inflationary pressure," Ashwini Rana, General Secretary of National Organisation of Bank Workers, said. 
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71 comments:

Panyam Muralikrishna said...

Congrats to one n all. Still much to do. Hope for a better deal

apna man said...

Sold out

Anonymous said...

Union Guys please stop making fools. If you are willing to settle for 13% do it right away.. no need of such drama

Sham Lal Kundal said...

Unions have ruined the bankers

Anonymous said...

Mr.Kunar you must say that UFBU has scale down to 19.5%....u have proven that u are a typical union leader or leaders devotee....

Anonymous said...

we should not deffer the strike.
IBA playing games.

Anonymous said...

Bank sector is the worst sector.please don't join in this sector.high risk,high pressure,no working hours,low salary

prdeep said...

Yah wow awesome we keep scaling down the demand from 25 to 23 to 19.5 at one point it will reach a stage where the iba will say 13 and we will say wait we will reduce a litlle more.BTW ALL THIS UR FORGETTING REGULATED WORKING HOURS AND FIVE DAY BANKING I THINK MOST OF THE EMPLOYYES WIL AGREE FOR 19.5 PAY HIKE IF WORKING HOURS AND STRESS IS REDUCED..UNIONS PLEASE HAVE SOME SPINE STAND UP AND FIGHT WE ARE ALL THERE WITH U

rakesh said...

Not a single person was happy with the rise we are not dogs to throw pieces of biscuits
.plus go for strike prove our might let the economy wheels stop then they will relize

Dhirendra said...

Is there any scanling on 1 is yo 3...... They r increasing one u down 2...they scaled up 1.5 u came down 4.5...
What is the base of calcutation???? Can any one ask these so called leaders...

U must learn something from coal India unions....strike and then talk ....and finalizes the issue then and there only

Anonymous said...

Bank employees please revisit the mandate given by you to your union/UFBU for wage revision..

Anonymous said...

And the deal is on the edge...15% kya bolte ho bhai log... itne pe ho jayega..kal aur drama chalega....

Anonymous said...

We want Respectable wage rev not less than 20% with 5 days week. Dont goes down below 20,

Anonymous said...

Ohhh...salary hike has gone down further to 19.5% . Is it true? so tomorrow will go further low too. Now we can easily predict why do we need to believe in bank unions? why dont we think about pay commission since our union wont get any decent salary for bank employees anymore. Really feel pity of being a bank employee after read this . It just failed for us.

Vikas Yadav said...

What is respectable hike in line to inflationary pressure. We are following union call blindfoldly and becoming fool again and again. Union demand declined from 35% to 19.5% but our wage revision agreed on only 12.5% and union called of strike. Just by offering 1.5% hike union genuflected before IBA and put our demand on standstill.

Anonymous said...

All bakwaas.....the settlement will be mostly be done at 15%....yes, a very respectable hike in line with inflationary pressure...whom are they trying to fool...what's the point in calling for a strike and calling it off at the 11th hour...just call off or 'defer' the other strikes....union leaders are only 'defer'ential towards IBA and indifferent towards the need of bankers

dipak jadhav said...

In Private people getting 15%hike yearly and look in Bank 15%hike each 5years....

Anonymous said...

25%...23%...20%...and now 19.5%....
Just look at the unions at coal india...employees of apsrtc and state govt employees of telangana ( want 60% settlement in the prc and are sticking to their stand)
A humble request to all our great leaders...stop taking employees for a ride...show some grit... bowing down to iba's whims is a betrayal of each and every employee whom you say you represent.....
--post by a very deeply hurt and betrayed banker

Anonymous said...

This is not good. Feels like slapping my face for having some faith in this union. Yes i am staying 1500kms away from my house working from 10am to 8pm and getting 27k in hand. I believe the career that i chose is a piece of shit now.

Anonymous said...

Analysis of IBA talks with UFBU-

Starting: UFBU- Respectable Hike equivalent to Central.
IBA- 5%

Strike, then-
IBA- 9%
UFBU- Respectable revision

Strike, then-
IBA- 11%
UFBU-25%

Strike, then-
IBA-11%
UFBU-23%

Strike- Strike, then
UFBU- 19.5%
IBA- 12.5%
Strike deferred...

Going on the trend...Next Meeting-
UFBU- 17.5%
IBA- 12.5%


Why has UFBU done a talk when IBA don't have the mandate to do negotiations?

Why strike be deferred as tomorrow strike wud have also being supported by RBI?

We should do that 6 day long strike too...but it won't happen.

Strike for a Day, then-
IBA- 13.5% to 14%
UFBU- Settlement will get signed.

To save the face atleast UFBU should get 100% DA merger till November 2012 instead of November 2011.
Also, they should get the DA percentage which is 0.15% as of now same instead of reducing it to 0.10%. If not 0.15% atleast 0.12%.

Mohit Sinha said...

anything below 20% is just not good enough.

Mohit Sinha said...

i think banks should opt for pay commission rather than this pitty iba n unions

Anonymous said...

we must feel proud to be the members of these unions upon whome we put our whole faith to reach this type of settlement. Thanks leaders once again for making the members to feel as dog who waits for a piece of biscuit.

Anonymous said...

UFBU-35% IBA-5%
UFBU-25% IBA-11%
UFBU-23% IBA-11%
UFBU-19.5% IBA-12.5%
.
.
UFBU-17.5% IBA-12.5%
UFBU-14% IBA-14% (Match Fixed)

UFBU Decreases its demands to 60% to get 180% increase in initial IBA offer.

Comradely Salute to YOU BIG LOOSERS.

Anonymous said...

Leave all unions atleast we can focus on our career.. If banks doesn't pay switch to other companies.
Let the banks run an entity with a bunch of fools.. Wise people will leave banks in big number in days ahead

Foto Hot said...

Thank's for sharing!
Follow Up: Jual Obat Bius

Anonymous said...

BEST OF LUCK UFBU LEADS, DO BETTER WAGE REVISION FOR BANKERS, TODAY 12.5% IS VERY LOW BUT WE KNOW TODAY SO Many BANKS ARE UNABLE TO PAY THIS MUCH SALARIES BECAUSE OF THEIR IN LOSE POSITION. I THINK IBA WILL GIVE 13% OF HIKE ON PAY SLIP AND REMAIN ARE 7% TO 8% . THANK YOU UFBU LEADERS DO BETTER SETTLEMENT FOR BANKERS. BELIVE ON UNIONS THEY WILL DO BETTER FOR BANKERS. C SRINIVASULU REDDY SYNDICATE BANKERS KADAPA MAIN AP

Anonymous said...

It is right to change our union leadership. The young guns should come forward and take leadership. I think union leaders have little concerns for employees. They are getting huge benefits from back channel.

safi said...

The time has come to change in union leaders. Hereafter we can't believe these idiots

Anonymous said...

Union leaders sold out.

srinivas said...

Hey union people are u crazy ? Or fools ? Why have u been playing dramas every time ? Bloody dogs. Dont enjoy in hotel rooms, come out and see the struggles of staff at branches. Stop your bribes from iba and justify yourself in ur minds as a leader.

Anonymous said...

U scaled down to 19.5, shame on you. U deffered the strike just because IBA has revised their offer by just 1℅. U and the IBA are in hands with each other.

vikas said...

A new commer who even think to join banking sector should not come in this sector coz it's present and feature both are going to be wrost.

RAVINDER YADAV said...

Yes we are fool
Now do not go on any strike till indefinite is not called and do not pay any leavy if agreed less than 19.5

RAVINDER YADAV said...

Do not pay leavy if agreed less than 19.5

RAVINDER YADAV said...

I think they will agree on. Around 15 hate the union leaders

RAVINDER YADAV said...

They are on 19.5

Anonymous said...

everything settled beforehand but time taken 26 months is to to increase levy amount.these union goons are involved in money laundering using force . they threaten common banker for levy.govt and concerned authority should protect common banker banker from forced collection of levy.

RAVINDER YADAV said...

Agree

RAVINDER YADAV said...

Wow you got this now

RAVINDER YADAV said...

Good jok

Anonymous said...

when central and state government employees are getting 30 to 60 % hike....asking mere 19.5% is foolishness......can unions think one thing...with today salaries in clerical grade...can they afford proper house for rent, food, medical, kids school fees, insurance....which are very basic things in life.....think of it....and do the talk......now clerks will get less salary than pueens in central and state government....school teachers are earning 30 to 40% more salary than bank employees.....you union leaders cheated bank employees.....

rajesh chavan said...

15% is max we can get I bet.....n union will agree happily waited 3yrs to get to 15%....

Anonymous said...

Very true. Ban IBPS / BSRB.

Anonymous said...

Sir we are loosing confidence in the union now

pls dont allow that

Jeevan said...

does anyone know... how to withdraw from this union membership...
i started thinking its useless....
it would be better if we follw management and get some benifits...or quit the job......

ramana g said...

If u want money please ask all the bank members every one will give but dont take money from management and post pone strike u are drinking blood of members by this dramas

Anonymous said...

Complete dram. UFBU has stooped down from 40 to 19.5 while IBA increased from 5 to 12.5 . There was an opportunity to get 22-25% hike, now it will be settled somewhere between 13-15%. Shame on United Forum and all of us who believed on them.

Anonymous said...

it is time for the bankers to seriously I mean very seriously think whether they should continue to be members of their respective unions

Anonymous said...

Are we bankers not human being who are born free but force to work and the whole day whole week without even havin time for family and social life so please union leaders think for us if even we get 10 % rise we are ready to accept but sat off and regulated wrkin hrs are must as we are human being who like time for worshiping God also we are not a dog rbi they are getting sat off plus cantten plus high salary if govt consider them as a banker like us

Anonymous said...

i just want one thing to be done

swap our leaders and central govt. employees association leaders

by that they know how to gain more




for every department they are increasing 25-40%
but for banks they will take 2years and still bargaining like in vegetable market for 20%

what a shame

Anonymous said...

Great drama. ..Its like a multistarrer movie ( iba & unions ). ...We are the comedians. . . .

priyesh kumar said...

Hw shamless these leader fnds frm starting they r talking abt respective hike bt they alws talk on cost of our banker respct.dnt feal ashame to be part of bank jst shame being part of these chip union n low mentality leader.bt chng will b cme.n we will bring d chng.dnt keep any expectation frm these settelment jst ready for chng.upcoming day for youth
shame shame shame union leader shame

Anonymous said...

Once again UFBU has proved that they comprise of spineless leaders who are driven only by hidden agenda. When IBA is increasing by fractions, these so called leaders scale down in multiples. What a shame .. let those retired person move out for younger blood who have courage and conviction

Anonymous said...

Union leaders if you can't stand with us. By next wage revision u wont get support from the employee. .we young generation will conduct new union..with better decisiveness n employee's needs.

Anonymous said...

Coal india on strike... And govt 2 call to coal india for meeting.. They denied meeting with govt.. Dat's a union power

Anonymous said...

These unions have already made a deal with the govt and iba and just to create drama they are giving strike calls....just by offering 1.5 percent increase called off the strike....what the hell....just leave unions or else try to get another job... may god bless u all and also to our union leaders..

Anonymous said...

Friends our union will settle our wage by 13% they foolish the staff that we are struggling for you . If your demand is 23 % then how they call of the strike if IBA Offer 1.5%

Anonymous said...

Shame on all netas .everyone sold out.please take some lesson from coal India and if this time you guys will not get levy from most of members.

Sham Lal Kundal said...

It is better NO revision rather than humiliation settlement. Once again history of being deceived by owns repeated.

Anonymous said...

Will Unions force IBA to issue instructions to Banks to give left over employees for second option of Pension, which IBA not doing in spite of Orders of Hon'ble High Court of Karnataka and Supreme Court of India.

skm said...

This is called leadership or politics....hahaha...

Anonymous said...

Union making fool of d employees by reducing their demand to 19.5%
Pl donot sold ur friends interest

Anonymous said...

Death of banker.........


But this is end of 10 th BPS or continue.....

Anonymous said...

Yes i agree .these union people are CHORE AND JUST FOOLING US!!!!!!

Anonymous said...

pl accept that we all r idiots... atleast now use ur brains... stop giving levies, mandates to these bloody useless unions.... stay away from their calls... nothing will harm u.... believe urselves... these self posed idiot leaders will retire soon...

Anonymous said...

Unions have cheated us. We no need any unions and let all of us withdraw from our respectible union.

Anonymous said...

The united forum leaders were already sold out and are doing dramas. How can central govt is increasing the govt employees salaries by 40/50 % and why not a meager 20% for bankers. In case of coal i.dia strike, govt came down running. Till our corrupted union leaders are there, we have to play to the tunes of IBA. On 4th of jan itself that IBA and labour ministry showed thier confidence that they will try to defer the strike. This it self shows how the script was written and played by our union leaders. That too with out informing the fate of 4day strike. Leaders will soon release the statement on 20th jan, that it was also deferred....for sure it will happen.

Anonymous said...

I think, for running a small family 12.50% increase in salary for banker is enough. Please dont expect more. Don't blame our union leader, if u not believe them come out of union.

EXTINCT YOUNG BANKER said...

history making negotiatiob by IBA & UFBU

One year before everybody talks about modi that he will make banker for earlier settle. Now totally upside down.

Then think 1000 times before making grape vine

Anonymous said...

Sir, whether revised conversion factor of 0.12% isn't confirmed?