DELAY IN BANK WAGE SETTLEMENTS

[PM]

Dear Friends,

                            Though it is a well known  fact that all wage revision settlements between Bank Unions and IBA (BPS) were delayed for two to two and half years to finalise , this time Unions expect early settlement in a time bound and expedited manner   in IXth BPS since IBA is having same view on  this point!

Let us have a look at the past settlements dates:

BPS                         Due                          Settlement Date    Delay

                                                                                         (in Months)

1st		1.1.1966		19.10.1966
2		1.1.1970		12.10.1970
3		1.9.1978		01.08.1979
4		1.9.1982		17.09.1984		24
5		1.7.87		10.04.1989		21
6		1.11.1992		14.02.1995		28
7		1.11.1997		27.03.2000		29
8		1.11.2002		02.06.2005		32
9		1.11.2007		27.04.2010		30
10th		1.11.2012		?
	4th BPS.W.E.F		1.7.1983
	5th BPS		1.11.1987

                            As we know no significant improvement have been made in Xth BPS talks with IBA so far.Seven months have already lapsed.Now the focus is on adequate wage  increase ,whereas no specific percentage of increase has been  spelt out  by unions.Last time it was 17.5% 

                            From the reports available  it can be observed  that  IBA is in favour of introducing CTC concept in Banks  with variable pay linked to productivity and  unions are not in favour of the same.Basic issues are yet to be discussed!.Pensioners demands are yet to be opened.

                           Under this back drop can  we expect an early settlement within six months? 

                            

[cpvnair.nair]

Dear everybody,

The answer to this querry would be a big 'NO' from my side.Opening of the CTC concept etc from the IBA side may be with the calculated intention of delaying tactics by way of buying time.UFBU may PERHAPS be in fix over the issue as the leaders are well aware of these tactics.Let the talks finish in respect of the serving employees.Then only comes our turn.We retirees are at the ultimate point of the receiving end.

 

Let us not compare the talks with those in 60s/70s where the process was cocluded within 1/2 years.Now we stand on a different footing.More issues, more organisations etc.Also, we should not forget the fact that the leadership in those times were MORE competent.At the same time, the rank and file was MORE militant.Organisational actions were carried out with 100% sincereity.Now you may observe so many differences.Are the members that sincere?Many of the serving employees-in all cadres- appear to ME as averse to agitations, strike actions etc.The managements/IBA/Govt are quite prepared now.NOBODY IS COMMITTED TO THE GENERAL WELFARE OF THE WORKING CLASS.Above all, 'hire and fire' policy has stabilised everywhere.

 

I read from a mail that one work man director in a nationalised bank (in mid 90s)remitted the entire allowances received by him as a Director to the Union fund.I don't think the present day workmen/officers Directors in Bank boards follows these ideal practices.See the rank and file.Everybody is concerned of his/her affairs only.He is not bothered of the calls of the organisations or the working class at large.

 

We should reckon with such facts while discussing the delay in BPS.

 

warm reg

 

 

CPVNAIR

----- Original Message -----

From: PM

To: bankpe...@googlegroups.com

Sent: Thursday, June 13, 2013 8:51 PM

Subject: bankpensioner DELAY IN BANK WAGE SETTLEMENTS

Dear Friends,

                            Though it is a well known  fact that all wage revision settlements between Bank Unions and IBA (BPS) were delayed for two to two and half years to finalise , this time Unions expect early settlement in a time bound and expedited manner   in IXth BPS since IBA is having same view on  this point!

Let us have a look at the past settlements dates:

BPS                         Due                          Settlement Date    Delay

                                                                                         (in Months)

<!--[endif]--> 1st

1.1.1966

19.10.1966

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[PARASURAMAN K R]

Dear Friends,

C.H. Venkatachalam, General Secretary, All India Bank Employees Association, expects 10th BPS to be concluded within next six months.Read report below

Wednesday, June 12, 2013

Bank Union On Bipartite Settlement

Bank unions want ‘adequate increase’ in salary in 10th bipartite wage settlement--Business Line

N. S. VAGEESH  13TH JUNE 2013

MUMBAI, JUNE 12:  

Bank unions want ‘adequate increase in salary’ as part of their demands to the management of all banks, represented by the Indian Banks Association (IBA). The 10th bipartite talks between bank unions and IBA are on currently to decide the quantum of wage increase for bank employees for the period covering November 2012 to October 2017. Each settlement is valid for a period of five years. The earlier settlement expired in October 2012.

‘ADEQUATE INCREASE’

C.H. Venkatachalam, General Secretary, All India Bank Employees Association, while laying out the case for an ‘adequate increase’, refused to quantify it. He said that employees should be paid more in view of the alarming price increase, increased job profile, wages in comparable sectors and the profitability of banks.

The 8th wage talks covering the period 2002-07 provided bank employees a 13.25 per cent increase in wages on the average while the 9th wage talks (covering 2007-12) gave them a 17.5 per cent increase on the average.

Venkatachalam said that the priority for unions in this settlement was to improve the dearness allowance (given to compensate inflation). He said that unions wanted DA to be credited on a monthly basis rather than on a quarterly basis as was the case now. He also said that unions wanted housing for all employees, improved transport, medical allowances and better post-retirement benefits such as family pension/ gratuity.

WAGE TALKS

Responding to the criticism that wage talks tended to meander for a long while, Venkatachalam said that unions were in favour of conducting them in a time-bound, expedited way. IBA had also agreed with this view and he hoped that negotiations would be over within six months.

When asked if unions were agreeable to the proposal of variable pay linked to productivity, Venkatachalam said that they were open to proposals that offer incentives for performance or motivate employees. However, he clarified, that these could not be in lieu of the increase in basic emoluments that they were demanding. He also debunked the ‘cost-to-company’ concept that was floated by the IBA during the talks held last week.

He said that the concept wouldn’t work and the industry was not ripe enough for it. Elaborating he said that cost of establishment was not decided at the industry level but at the level of individual banks and their negotiations couldn’t cover this aspect.

                            

--

[Kavya Guntupalli]

just impossible.

On Thu, Jun 13, 2013 at 8:51 PM, PM <moha...@gmail.com> wrote:

                            

--

[cpvnair.nair]

Very good news!Let us hope, Com CHV's views come true.

 

 

Warm reg

 

 

 

CPVNAIR

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[bhaskara sarma]

Let the govt implement the CTC concept for its employees first,then we may think of it.Our motto should be first to get reasonable increase in emoluments to the employees and the increase should be very much comparable to the emoluments of similar sectors.Then IBA has to immediately remove all discriminatory provisions in bipartite settlements in tune with court verdicts and principles of natural justice.Of course Pension updation and medical benefits to all retirees  are to be provided in tune with Pension regulations 1993-94.

With Regards,

P B Sarma.

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[S.H.S. Mani]

Dear Sir,

                   Anything to be obtained should be before Parliament elections. All acts of Govt. is bsed on Vote Bank only.

S.H.S. Mani

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[Rajender Sharma]

Sir,

It would be like day-dreaming to expect that the Xth Bi-partite would be concluded within six months or so.

The employees whether in Banks or elsewhere are the least priority so far as the government is concerned.

They form a little percentage of the vote bank for political parties.So much depends on the grit and solidarity of

the employees and the unions representing them.

R.K.Sharma

PNB Retired Staff Welfare Association

Haryana

[Mohan badi]

Respected Mani Sir, 

Its NOW or NEVER.

I am fully endorsing your view, otherwise our all Unions and Associations will loose not only the grip but totally everything, what we can achieve all thing well before 2014 Election. We need to be with very Strong Unity (all Comrades within UFBU and AIBRF all office holders), Tough, Bold and Rigid in taking Vital Decisions pertaining to All Working employees, Retirees and Pensioners hue and cry in total as most of them are Senior Citizens who are  left with few more years to enjoy the fruits in return for their huge services rendered  in  these Banks. My humble requests to one and all here, is that, HAVE FAITH, TRUST and little more PATIENCE too  on our present UFBU / AIBRF  Members  including on their respective Unions and Associations. With Regards.

Cordially Your,

Prof.M.R.Badi

---

From: S.H.S. Mani <shsm...@yahoo.co.in>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Friday, 14 June 2013 7:37 PM
Subject: Re: bankpensioner DELAY IN BANK WAGE SETTLEMENTS

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[pady nabs]

Rightly pointed out.   We will definitely achieve our end before p.election. padmanabhan --- On Fri, 14/6/13, S.H.S. Mani <shsm...@yahoo.co.in> wrote:

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[Balasundaram Ramaswamy]

I fully endorse the views of Shri Nair.

Only ray of hope for the Bank employees is the general election is due with in a year.Lik To garner votes of Bank employees, the govt may

hasten the settlement.

Let us hope for the best and pray!

R.Balasundaram

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R.Balasundaram
'Sri Vedanayaki Niwas'
223,Ferns City
Off Outer Ring Road
Doddanakundi
Marathahalli
Bangalore 560037
Ph: 08023681223
Cell:+919880471511

[cpvnair.nair]

No Sir.The bank employees could not so far create a sense of something like 'vote bank'.This may perhaps due to the fact our organisations were apolotical.Of course, agitations hereon till the parliament elections (say,by May 2014) may bring some attention at the national level.At the same time, the retirees also should join these agitations.Apart from this, all the bank retirees outfits should jointly arrange demonstrations across the country, especially in all the state capitals, highlighting updation,DA issue, medical facilities etc.Both these operations may bring some attention.At the same time, a few MPs-cutting across party lines may ask questions in parliament on the delay of the settlement and reason for not settling the retirees issues.

 

Tku Sir,

 

Warm reg