AIBOC
issued its circular No. 26 dated 7th June 2013 on UFBU Meeting held
on 7th June 2013. We are placing the same here for our readers.
UFBU
MEETING WITH IBA TODAY
We
reproduce hereunder the text of UFBU Circular No.9 dated 7th June, 2013
contents of which are self-explicit.
With
greetings,
Sd/-
(D.S.RISHABADAS)
GENERAL
SECRETARY
TEXT
IBA’s
Negotiating Committee headed by Shri.T.M. Bhasin met the United Forum of Bank
Unions today at IBA office in Mumbai.
In
today's meeting, we demanded that there should be a time bound programme to
complete the negotiations without much delay to arrive at the wage revision
settlement at the earliest. IBA also agreed with our views and informed that
the same can be worked out by mutual discussions. Today we also demanded that
the wage revision should be effective from 1st November 2012 and that the new
pay scale should be constructed by merging the DA at 4876 points i.e. the DA
applicable to July- September, 2012 quarter. We also insisted that the IBA
should make their offer on the percentage of wage load acceptable to them. For
this, the IBA informed us that they would consult the higher authorities in the
Government and inform us in the next round of discussions. The IBA suggested
that the pay scales could be constructed by merging the DA applicable upto
2009. We did not agree to this proposal.
These
issues will be discussed further.
In
today's meeting the IBA also explained their issues like introduction of Cost
to Company, Performance related wage, restricting the wage revision, increased
mobility to award staff, rationalisation of Special Pay etc. While expressing
our reservations and viewpoints, we suggested that these issues can be reverted
during subsequent discussions.
From
the UFBU we also submitted that in the proposed wage revision, the hike in wage
load should be exclusive of the cost on pension and other superannuation
benefits and also the cost of hospitalisation expenses reimbursement. The IBA
informed that this would be kept in mind by them. The IBA informed that
they will shortly inform us the date for the next round of negotiations.
Further developments will be informed in due course.
With greetings,
Yours
Comradely,
Sd/-
(P.K.SARKAR)
CONVENOR
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