Thursday, January 8, 2015

text of UFBU Circular No. 2015/43

 text of UFBU Circular No. 2015/43  on negotiation dt. 6&7.01.2015………………
( shorter version)

Bipartite Meeting with IBA on 6th January 2015:
,,,,,,,,,,,,,,,,Subsequent to prolonged discussions, arguments and deliberations for more than 3 hours, the IBA agreed to improve their earlier offer of 11% increase (Rs. 3465 crores) to
12.5 % increase ( Rs. 3938 crores ) in Payslip components. 
With the view to pave the way for arriving at a mutually acceptable level through further discussions, UFBU agreed to revise its demand to 19.5%. 
UFBU, however, clearly informed the IBA that their revised offer of 12.5% is quite inadequate and has substantially to be improved further..  
IBA informed us that they are willing to negotiate and improve the offer
from 12.5% during further discussions.
Strike on 7th January 2015 deferred:
In view of this positive development, UFBU decided to defer the All India One Day Strike action on 7th January 2015. 
It was mutually agreed to continue the negotiations further on 7th January, 2015.
Bipartite Meeting with IBA on 7th January 2015:
In the bipartite discussions continued with the IBA on 7th January 2015, we insisted that IBA should further enhance their offer from 12.5% and also reach conclusion of reasonable settlement within short time-frame.
 IBA informed us that they would also like to continue the discussions at regular and frequent intervals to ensure completion of the entire process by middle of February, 2015. 
IBA, however, informed that they need some time for discussion amongst themselves on
the revised offer of increase and wanted UFBU also to revise its demand to reach a mutually acceptable position. 
Regarding other important issues raised by UFBU,
it was decided that Sub-Committees would be formed to discuss the following issues:
Revised scheme on 100% hospitalisation expenses reimbursement scheme to
employees/family members without any ceiling;
Modifications in Officers Disciplinary and Conduct Regulations suggested by the unions,
regulated working hours for officers, 5 Day banking, etc,
Demands raised by the Workman Unions /Officers’ Organisations in the Charter.

Pension related demands:
We also raised the issues relating to improvements in Pension related demands like
100% DA for pre-Nov. 2002 pensioners, family pension formula, periodical updation of pension, etc.
 We also suggested that DA upto 4440 points for all pensioners should be merged with Basic pension and a uniform DA formula to be applicable to all pensioners. 
We also demanded extension of DA linked pension scheme for employees recruited after April 2010.  
It was agreed to discuss all these issues further.

Bipartite discussions to continue:
To our suggestion that the meetings of the Sub-Committees should be held immediately without loss of time,
IBA agreed to the same.   To our demand for holding next round of negotiations at the earliest to carry forward the negotiations, IBA agreed and it was decided to fix up the dates looking at mutual convenience.
…………………..
Sd.  M V Murali,
Convener
******************************************************************************
Tone of the circular:
UFBU reduced demand to 19.5% and asks IBA to improve their offer from 12.5%
Does it mean that final will not be 19.5% and it will be anywhere 
between 12.5% and 19.5%
Many comrades have for the past 6months comment that one union has
match-fixed at 13.5%
Whether other unions also go along this line?
If it happens it will be a big setback in the tradeunion movement in banking sector.
As already explained a 19 to 20% on pay slip expenditure will be equal to what we have achieved 17.5% on total expenditure.
(
Just to maintain last BPS ratio we should get= 56292X10.98/100 =6180 cr
Now IBA offered only 3938 crore)
There is huge gape.
Hence unions should stick to 19% atleast till last.

Do not defer next strike unless a final % is arrived.

Otherwise future strike call may not get due respect.
In my view settlement with increase of
Less than 15%=Bad
15%plus =fair(average)
20%plus =good (now ruled out)
25%plus =best (now ruled out)




21 comments:

Anonymous said...

2 years no meetings nothing... And jus when they understood that their members are eagerly waiting for this to finish somehow, they are reducing it drastically... From 25 to 19.5 for an increase from 11 to 12.5. If the settlement is signed less than 17.5 i will quit the union for sure. Loss of one member may not be much to you but in due course you will see more following suit...

Anonymous said...

Barking dog never bites 1 day strike differed and 4 day strike hold back perhaps indefinite strike may be postponed indefinitely .Definitely UFBU & IBA Working indefinitely to meet personal agenda and killing main objectives for which they exist.

Anonymous said...

IBA wants the forth coming four days strike to be withdrawn by these fool leaders. These leaders do not understand the inside of IBA's thinking. Once that have withdrawn the strike. They will not be able to stike again before March 2015. Thus, the settlement will be done at the end of the year 2015.

mfskanpur said...

All this shows in-effective coordination between different unions of the federation. When the central & state governments are offering 100% DA mergers to their own employees, why you can't get the same. Further the total outgo expediture due to this revision must be at least double of the quantum of last settlement, due to steep rise in prices. If you defer forthcoming 4 day's strikein the end of January, you will not only lose your fidelity among your members, but your fear among the management also.

Anonymous said...

DEAR COMRADE M V MURALI JI AND OTHER LEADERS OF UBFU


I AM ONE OF YOUR FANS. PROFITS OR NPA'S SHOULD NOT BE CRITERIA FOR WAGE RIVISION RATHER INFLATION, RISK OF JOB, QUALIFICATION, PRESSURE, IMPORTANCE OF SERVICE FOR DEVELOPMENT OF NATION SHOULD BE CONSIDERED.

WHEN YOU HAVE WEAPON ( STRIKE)IN YOUR HAND WHY ARE YOU LETTING US DOWN BY DECREASING % DRASTICALLY FROM 23 TO 19.5. IBA HAVE IMPROVED THEIR OFFER JUST 1.5% FROM 11% AFTER PASSING MORE THAN 8 MONTHS OF DELAY (JUST BECAUSE OF CALL OF LONGER STRIKE!) IF YOU CALL OFF FORTHCOMING 4DAY STRIKE WE WILL BECOME CHEAP IN FRONT OF IBA.
YOUNG BANKERS ARE NOT GOING TO HAPPY WITH THIS 12 OR 15% OF HIKE.
YOU ARE WELL AWARE ABOUT OTHER SIMILAR ORGANISATION SALARY's HIKE. IT IS 25 TO 50%, WHY THE BANKERS ARE BEING IGNORED?

IF NATIONS PROFITS DECREASE, WILL IT BE SAME WITH SALARIES OF SOLDIERS, TEACHERS? ARE WE NOT CONTRIBUTION LIKE THEM IN BUILDING AND GUARDING NATION?

IN CITY LIKE HYDERABAD CAN ANY FAMILY GET HOUSE ON RENT FOR JUST RS 1000 OR 1200, NOW A DAYS IT IS NOT SUFFICIENT EVEN IN RURAL AREAS! WHEN WHY THE BANK EMPLOYES TREATED LIKE THIS?

SIR, WE ARE BEHIND YOU GO AHEAD AND DO NOT REDUCE % FURTHER, PLEASE.

SIR AAM BANKER WILL HAPPY WITH THE FOLLOWING:

1) % OF HIKE - NOT LESS THAN 18%
2) HRA - 30%IN CITIES(LIKE CENTRAL & STATE GOVT EMPLOYEES GET)
3) 5DAY BANKING
4) OTHER BENEFITS AT LEAST AT THE RATE OF 75% IMPROVEMENT WHAT WE DEMANDED.

SIR, MOST OF THE YOUNG BANKER TALKING BAD ABOUT THE UNION. PLEASE DO NOT LET IT CONTINUE.

Anonymous said...

Union leaders and Iba both r playing game at the cost of bank employees..we hav to go on indrfinate strike to achieve 20% increase..if Ufbu agrees for lessor % it will be evident that they hav surrendrred to IBA..

Anonymous said...

Why still we believe in union leaders? why all bankers are still silent about back channel talking between union leaders and IBA to fix hike less than 15%? We are really deserve for atleast 25% hike in our salary bcz of many reason to say, but still we got less salary than state,central govt employees, insurance sector employess etc., why do we get less salary? I can say we got low because of betray of union leaders. Most of union leaders are being as leaders for more than 10 yrs it makes them not to think about employee life but they achieved their self goal through back channel talking. I feel this is right to think about more than union. Better to think about pay commission for bank employee at least now on wards!

sangamesh matam said...

In India only bankers are paying less wages when compared to any other government institutions..... And we people only having all the mental and physical disturbances of the job since every penny has to be accounted for and any loss has to be kept from pocket...... This is not fair........ Why all these are not kept in mind and all the country's business should be carried out from banking sector and huge work to employees...........this is a big task when compared to other sectors...... Please improve our wages and we beg you to not to treat like slaves........

SATYESH PRASHANT said...

Nothing is going to happen.I think forthcoming 4 day strike will be withdrawn once IBA improves its offer to 14%.At the end in the name of wage hike we will get......"BABA JI KA THULLU"...Wait and watch the game of UFBU Jokers....

Anonymous said...

I am a fellow banker and i have lost faith in the union. Lets take a pledge today to leave the union if our expectations are not met and form a new youth bank union to get the rights that we deserve. May God bless the hard working bankers.

Anonymous said...

I will CERTAINLY NOT BE A MEMBER AND WILL WITHDRAW MY MEMBRSHIP, CONSIDERING SUCH AN uncapable ASSOCIATION & UNION.

Anonymous said...

4 days are completed .... But no news from IBA and UFBU. They both r forgot about the meeting ...... They will remember on 20th onwards only .... Because all the employees are fools .....this thought by UFBU and IBA.....on 20 the Jan they will meet .... IBA will said we need some more time..... UFBU offered that also.... Then UFBU announced meeting success.. Like operation success patient death....

dharman said...

We were fully prepared to strike to find an end to the injustice to us. But feel pity on these leaders who are trying to deceive us by letting down our legitimate demand to a mere settlement below 17.5%. (if it is so). How could they come down to 19.5%?. On what basis?.

A K VARMA said...

UFBU on SALE on Quickr.com at any value acceptable to IBA

Anonymous said...

Iba revisited banks to increase the offer by 1.5 %.
Why ufbu reduced demand by 3.5 % without revisiting their members? ???

srinivas said...

Sh......

Pattabiraman PS said...

Resign now and fsave few thou dos on levy to useless unions.

Anonymous said...

A humble appeal
Please dnt give a sigle pie as levy on arrears to the unions.
monthly subscription is more than enough.
its time to teach these guys a serious lesson.

Mayhem said...

union leaders are BAKWAS.... NOW QUIT UNION.....

Seiminlun Gangte said...

Let's demand for a pay commission that is the only solution for our long term illness.

Anonymous said...

IBA IS MAKING FOOL AND SOMETIMES EMPLYEES FELL THAT THEIR LEADERS ARE CORRUPT.