Refer my post “Do not spread rumours!”

All the rumours/news mentioned theirin are proved as fake .
The latest and additional one about “Pay commission“also proved wrong.
I don’t think present day bankers are not so innocent to fall prey to these rumours.
I request the creators of these rumours, please keep away.

On scrutinizing comments in my posts,
We can identify which is genuine concen/comment,
comment out of frustration and which is a comment with hidden agenda.
There are group activities also found with the sole intention of
tarnishing the image of trade unions.

Don’t do harm to trade union activities, if not you could contribute.

I think it is not practically possible for union leaders to visit all FB accounts and blogs and read thousands of comments posted.
For comrades who post their genuine concerns,
I suggest that,you may write letters to your state units of bankwise unions/associations expressing your views and concerns. This may create pressure on unions to take more serious decisions on struggles.
Posting of comments in social media may be an outlet for your frustration, but your direct participation only can make changes.
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The only rumour left out to be proved is
“One unions is ready to sign for 13.5-14%”

It can be proved right or wrong only after the increase is finalized and settlement is signed.

Anyhow, people who are advocating for 13.5% should come forward to explain in open,
How much will be the impact of 13.5% on gross salary?
How is it better than what was achieved in earlier settlements?
Explaining after signing of settlement will not be a better option.

It is proved beyond doubt that, around 20% on pay slip cost
will be more or less equal to 17.5% of total expenditure.
(17.5% is the % of total expenditure achieved in 9th BPS)

(((I have explained the calculations in my earlier post.
I repeat for your information:
1. Total Wage bill as on 31.3.2012
According to IBA is 56292 cr.
Pay slip component is Rs 31503 cr out of total wage bill.
2. Increase achieved last time (17.5%) was distributed as follows:
Pay slip component 10.98
Superannuation 6.42
Others 0.10
3. Just to maintain last BPS increase in pay slip cost we should get
= 56292X10.98/100 =6180 cr
If this 6180 cr is converted into % of payslip component,
Then 6180/31503X100 =19.62%)))

Hence we should get minimum 20 % if not more than that.
Getting more than this % depends on our united struggle.

UFBU should take decisions based on this concept only.
Aprt from this , non-financial demands also there.

I hope Unions will take this into account along with general employees frustration 

over the delay in the negotion process
and proceed accordingly.

Lik