Bank staff to proceed with strike plan
Public sector banks’ employee unions are going ahead with two-day strike starting May 30 to protest Indian Banks’ Association’s (IBA) offer of a “meag
Public sector banks’ staff unions are going ahead with a two-day strike starting May 30 to protest Indian Banks’ Association’s (IBA) offer of a “meagre” 2% salary hike for staff, among other reasons.
On May 11, United Forum of Bank Unions (UFBU) said that “since there has not been any response from the government to the communication of UFBU and there is no change in the attitude of IBA to improve its initial offer of 2% wage increase, UFBU… has served notice to IBA and others concerned on May 10, 2018 that all India bank strike will be observed on May 30 and 31, 2018.”
In a regulatory filing, State Bank of India said that its operations were likely to be impacted by the strike since its employee unions were a part of UBFU.
“All India State Bank Officers’ Federation and All India State Bank of India Staff Federation are members of UFBU,” SBI said on May 21. “Thus, it is likely that our bank will also be impacted to some extent by the said strike calls.”
Among the issues the unions are opposing are “IBA’s delay in resolving Charter of Demands, Government’s casual approach to wage revision for bank employees/officers, IBA’s meagre offer of 2% hike in wage bill towards wage increase, partial mandate given by some of the banks only up to Scale III officers”.
from The Hindu - Business https://ift.tt/2IVlwBk
Public sector banks’ staff unions are going ahead with a two-day strike starting May 30 to protest Indian Banks’ Association’s (IBA) offer of a “meagre” 2% salary hike for staff, among other reasons.
On May 11, United Forum of Bank Unions (UFBU) said that “since there has not been any response from the government to the communication of UFBU and there is no change in the attitude of IBA to improve its initial offer of 2% wage increase, UFBU… has served notice to IBA and others concerned on May 10, 2018 that all India bank strike will be observed on May 30 and 31, 2018.”
In a regulatory filing, State Bank of India said that its operations were likely to be impacted by the strike since its employee unions were a part of UBFU.
“All India State Bank Officers’ Federation and All India State Bank of India Staff Federation are members of UFBU,” SBI said on May 21. “Thus, it is likely that our bank will also be impacted to some extent by the said strike calls.”
Among the issues the unions are opposing are “IBA’s delay in resolving Charter of Demands, Government’s casual approach to wage revision for bank employees/officers, IBA’s meagre offer of 2% hike in wage bill towards wage increase, partial mandate given by some of the banks only up to Scale III officers”.
from The Hindu - Business https://ift.tt/2IVlwBk
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