Tuesday, May 8, 2018

UFBU circular on Wage revision talks:

Dear Comrades,

• WAGE REVISION TALKS WITH IBA & NEGATIVE ATTITUDE OF IBA-GOVERNMENT
• UFBU REJECTS IBA’s INITIAL OFFER OF 2% HIKE IN WAGE BILL
• DECIDES TO RESORT TO AGITION AND STRIKE ACTIONS
• HOLD MASSIVE DEMONSTRATIONS ALL OVER THE COUNTRY ON 8th/9th MAY
• GET READY FOR 48 HOURS CONTINUOUS STRIKE BY END OF MAY, 2018

“The much delayed negotiations with IBA on our Charter of Demands for wage revision
re-commenced on 5th May, 2018 after a gap of nearly six months.
IBA team was led by
Shri R.K. Takkar, MD, UCO Bank & Chairman of Negotiating Committee, Shri V.G. Kannan, Chief Executive, IBA, Shri P.S. Jayakumar, MD, Bank of Baroda, Shri Rajkiran
Rai, MD, Union Bank of India, Shri Shyam Srinivasan, MD, Federal Bank and Shri S.K.
Kakkar, Senior Advisor-HRA, IBA. UFBU was represented by leaders of our nine constituent unions.

Medical Insurance Scheme:


The IBA insisted that representatives of UFBU should be part of the Committee to appoint the broker/service provider for administration of
the Medical Insurance Scheme.
We flatly refused to be part of that Committee since appointment of the Broker is not part of our Settlement and Unions are not to be
involved in the same. However, we informed IBA that UFBU will be willing to discuss
the problems faced by employees, officers and retirees to ensure that the scheme is
implemented without any hassle. It has been decided to discuss the issue further.

Wage increase:
We insisted that in view of the inordinate delay since the last meeting,
the IBA should come out with their initial offer so that further negotiations can take place and finality reached expeditiously.
We pointed out that Government/Finance
Ministry have been repeatedly advising all Banks and IBA to expedite the wage revision process but the matter is being delayed.
IBA stated that the Banks are facing increasing
stress on profitability and the position of the Banks are not that good and this should be kept in mind while discussing the demands for wage revision.
We stated that all the Banks are earning Operating Profits and it is only because of huge
apportionment towards provisions for bad loans that Banks’ profitability is getting
eroded and this in no way can be attributed to the employees and officers working in the Banks.
Hence we demanded that there should be adequate and satisfactory wage
revision.

However, IBA informed that looking to the present position of the Banks, there are
constraints on their part and hence made their initial offer of 2% hike over the total Wage Bill as on 31-3-2017.

We informed the IBA that in the 10th Bipartite settlement, there was increase of 15%
hike in wage bill and hence this offer of IBA is highly disappointing and totally
unacceptable even as an initial offer.
We demanded that IBA should improve their initial offer so that the matter can be further negotiated to reach a mutually acceptable
settlement with satisfactory and adequate wage increase.

IBA regretted their inability to improve their initial offer and hence UFBU outrightly rejected their offer and informed them that UFBU would be compelled to resort to agitational progrmames to press our reasonable
demands.

UFBU Meeting: Thereafter, meeting of the UFBU was held and it was decided that the
very meager offer of IBA should be brought to the attention of the Finance Ministry for their intervention and at the same time UFBU should commence agitational
programmes.

Programme:
8th or 9 th May, 2018

Massive demonstrations all over the country before bank branches either during lunch time or after office hours. In bigger towns and cities, centralised demonstrations should be held.

By end of
May, 2018, 2 Days/48 hours continuous Strike action preceded
by other agitational programmes. (Dates of the strike will be informed next week after waiting for the response of the Government)

Comrades, we have been exercising utmost patience in pursuing our demands but
perhaps IBA and Government have taken it as our weakness. It is time to show our
unity and united resentment against the unreasonable approach of the IBA and the
casual attitude of the Government in resolving our genuine demands for wage revision.
Forge total unity, make the protest demonstrations massive in all places and
await our call for strike action.”

Convenor /UFBU

26 comments:

Anonymous said...

2 day's trike means waste of money & time, if having guts go for indefinate stilrike

Unknown said...

IBA OFFER OF 2% HIKE IN WAGES IS " BEST JOKE OF THE YEAR"

Unknown said...

Strike will be effective only before or after Saturday Sunday holiday

Anonymous said...

Whatever ARREARS you are going to get would be fully adjusted against salary loss for strike periods.The levy on ARREARS would be DUE to future ENTITILMENT of revised salary.

Anonymous said...

Apparently KNOWN we remain third broker for bank settlement. When unions can't FIGHT for PENSION 50 percent last drawn emoluments and still exist pro rata which formula abonded by 6 CPC and the GOVT.

Anonymous said...

Pro rata for 33 years still exist in bank service. A widow APPOINTED in bank on her Retirement with say 20 years would get pro rata only. IT IS HER SERVIVE SHE RENDERED. RIGHT BENEFIT WOULD BE 50 PERCENT OF LAST DRAWN PAY BUT NOT BY PROPORNATE SERVICE RENDERED. WE FAILED TO JOIN THE CENTRAL GOVT JOB WHEN MANY OPPORTUNITY HAD BEEN, WE REMAIN AT LAST STAGE OF OUR VOYAGE EXPECTING AT LEAST 2 PERCENT. 2 PERCENT MAY BE SHAMEFUL FOR IN A EQUALLY THE BARGAIN TRADERS LET THEM PRACTICE FROM CGE UNION LEADERS HOW TO EXTRACT DEMAND.

Anonymous said...

SINCE ALL OUR TREASURE ARE WITH CULPRITS WHO IN FOREIGN RIGHT WAY UNION LEADERS DO BARGAIN WITH SUCH CULPRITS FOR OUR GAINFUL NEGOTIATION FOR OUR SETTLEMENT. WE ARE TIRED OF MANAGEMENT AND UNIONS. BETTER RECOURSE WOULD BE TO CALL RLY SHIV GOPAL MISHRAJEE TO SOLVE OUR PROBLEMS THE BANK EMPLOYEES . RIGHT PERSON HE SEEMS.

Anonymous said...

Why not calling for indefinite strike u stupid union leaders...

Unknown said...

Begging is only going to fetch coins.so stop begging

Anonymous said...

They will play game and finally they will settle with 10% hike.. just wait and watch guys..

Unknown said...

Chutiya chakkar fir suru pichali bar ki tarah.
Arre uncle log hum bhi bank mein kaam kar rahe hai, kitana bewkòof banaoge.
Aisi bhi koi meeting hoti hai. Sab samajh mein aata hai. Ye aapka ka jo nautanki suru hua hai ye koi naya nahi hai. Kyu apne aap ko badnam karne mein tule ho.
Sidha sa ek jawab de dijiye bas "agar aap union leader ho aur IBA se direct ek baat rakhte ho agar IBA nahi mani fir koi aghe baat nahi direct protest no wait for IBA call, to kya IBA aapki naukari kha jayegi, ya indian picture jaise koi gunda Billa Jalani aapko mar dalega" agar nahi to band karo ye bewkoof banana. Sirf ek union leader ka naam bata do jo apne ghar se 1000 k.m. dur baitha ho.
Bhagwan iss umar mein aap logo ko sadbuddhi de

Unknown said...

we should not participate in strike for 2 days because of it is only lost of money .umion will held the strike on Wednesday and Thursday .

Nirmal Kumar Ghosh said...

Where is charter of demand ? Please ask UFBU leaders to start negotiations with charter of demand instead of begging or asking IBA for INITIAL OFFER .Hence forth all negotiations will go on with 2% ie the initial offer .

Anonymous said...

Don't go for strike. It's loosing our money for getting our money. Who needs unions then?

Anonymous said...

Well said

Anonymous said...

Bahut achha aur sahi bola.

Sujan said...

Bahut achha aur sahi bola.

Sujan said...

Bahut achha aur sahi bola.

Sujan said...

Bahut achha aur sahi bola.

Anonymous said...

Correct..I m 101 percent sure.dis will happen

Anonymous said...

Go for indefinite strike...2 din se kuch nahi hone wala...

Anonymous said...

Same game palyed by UFBU and IBA everytime to fool bankers. Why to ask for initial offer from IBA instead UFBU must give its offer in Charter of Demands and start discussion from there only. IBA is only the broker betweeen unions and government then why not talk to government directly; when they are the approver. Why to engage with IBA? It's a dirty game to cheat general bankers; IBA must understand that it is due to low salary that PSBs are not getting good talent. Who is not able to move on is stuck in the PSBs, direct appointee oficers are resigning for the posts of clerks in Central Governemt job, it is the worth of bank officer job. Time is not far away, may be after next PAy Commission, they will start leaving bank officer job for Class IV jobs of Central Government. Lastly I don't understand the logic for two day strike. UFBU must have courage to go for indefinite strike and solve the issue, but then how they will get handsome lavy??? Let me guess that bankers will get their wage settlement in next government and arrear by Nov 2019 so that UFBU can get levy on two years arrears.
Long live this gane of UFBU and IBA, who are the two sides of same coin and can't fight with each other. Every thing is fixed dear.

Anonymous said...

UR getting enough salary, if u think it is not enough pls resign bahut hay line me Jo apse achha kam krte hay

Unknown said...

बिलकुल सही

Unknown said...

बिलकुल सही

Unknown said...

बिलकुल सही