Highlights of Wage Revision For Bank Officers - Pay & Arrears Calculator - AIBOA

Highlights of Wage Revision For Bank Officers - Pay & Arrears Calculator - AIBOA

Joint Note to be signed between Officers Organisations and IBA

As soon as the the joint note is signed we shall up load the full text of the same.

In the meanwhile we furnish here under the HIGHLIGHTS of pay AND other details on which areas of agreement reached for information of members...

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Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015

Bank Employees Wage Revision – Feedback of meeting with IBA on 17.3.2015

All India Bank Employees Association (AIBEA) published the discussion points in the meeting with Indian Banks Association held on 17th March 2015.

Nearly 26 points were discussed in the meeting and more important issues like construction of Revised Pay Scales, revised DA formula, HRA rates, Transport Pay, introduction of Grade Pay, revision of Special Pay, LFC, revision in other allowances, retirees’ issues, etc. and other issues/ demands would be taken up for discussions in the subsequent rounds of meetings.

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AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015

AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015

ALL INDIA BANK OFFICERS’ ASSOCIATION

Circular No.6/VI/2015

February 23, 2015

Camp: MUMBAI

To:

ALL UNITS / STATE COMMITTEES

Dear Comrades,

WAGE REVISION – 18TH ROUND.

TOTAL QUANTUM CLINCHED.

A NEW SERVICE CONDITION INTRODUCED.

4 DAYS STRIKE CALLED OFF.

In the background of C.L.C.(Central) Delhi, counseling IBA and also representatives of the unions to get back to the negotiation on 20.02.2015, in which Com.Alok Khare, Vice Chairmen, Com.S.S.Shishodia, President and Com.Sanjay Khan Joint Secretary AIBOA participated and at the CLC’s advice IBA invited the unions for discussions on 23.02.2015.

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No improvement in Conciliation meeting held on 5.11.2014 – Bank employees Strike on 12.11.2014

No improvement in IBAs offer – UFBU decides to go ahead with the strike on 12.11.2014

Conciliation meeting held by CLC today(5.11.2014) – No improvement in IBAs offer – CLC calls for further meeting on 10th instant – UFBU decides to go ahead with the strike

Further to the Strike notice served on the IBA by the UFBU, conciliation meeting was held today in New Delhi by Mr. P.P. Mitra Chief Labour Commissioner, Ministry of Labour, Government of India. IBA was represented by Mr. M.V. Tanksale, Chief Executive, Mr. Unnikrishnan, Dy. Chief Executive and other officials. UFBU was represented by all the constituent unions.

During the conciliation proceedings, the IBA contended that due to the reducing profitability of the Banks, they are unable to accept the demands of the UFBU and stated that for the sake of an amicable settlement, they would be willing to consider improving their present offer provided UFBU agrees to substantially reduce the demands. IBA also suggested that UFBU should defer the strike so that the negotiations may be further continued.

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Bank DA Calculation for Nov 2014 - Hike of 49 Slabs

Bank DA Calculation for Nov 2014 - Hike of 49 Slabs

Bank D.A. for Nov'14 onward : Hike of 49 slabs.



 Consequent upon the release of All India Consumer Price Index Numbers for Industrial workers(AICPIN) Base Year 2001=100 for the month of Septemberí14. by the Ministry of Labour and Employment to day,which stood at 253 points without any change while compared to August figure,the confirmed average AICPIN(IW) Base 1960=100 for the quarter will be as follows:

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