Strange but true, LIC employees are withdrawing the higher salary after using the shoulder of bank employees's bipartite settlement. LIC wage revision is due on 01.08.2017, where as the 11th bipartite is due from 01.11.2017 i.e LIC wage revi…
11th Bipartite Wage Settlement Updates - disheartening for more than ten lakhs bankers, IBA has hinted that government may not approve the 5 days banking to the employees of Public Sector Banks citing the slow economic growth and achieving the targ…
There is a famous quote "Even God doesn't understand Women", for bankers,the proverb changed to "Even God doesn't understand UFBU". Read More - Minutes of the Meeting with IBA on 18th Oct 2019 Since very first d…
11th Bipartite Wage Settlement Latest News Update - Keeping their promise to complete the bipartite settlement at earliest, IBA had taken a decision to grant One Month Advanace Salary (Festival Advance) against the 11th bipartite arrears to all the…
Finally Indian Bank's Association (IBA) agrees on 5 day working in the Public Sector Banks as per the recent meeting with DFS. As per the information provided by the bankers' Union member who is involved with the settlement 5 days banki…
11th Bipartite Wage Settlement - Waiting time is over for more than ten lacs bank employees and their family members. As per the advise of the DFS Sri Rajeev kumar, Next Bipartite meeting with IBA will be held on 27th, 28th September for final…
11th Bipartite Wage Settlement - Indian Banks Association (IBA) has called all the Bnak's Union for next round of meeting on 17th of Sept 2019. IBA had earlier hinted that they might take some steps related to negotiation of 11th Bipartite Wage…
One of the major demand of the banker's union in upcoming 11th Bipartite Wage Settlement is introduction of 5 days banking. The speific demand of the bankers are not yet accepted by the IBA without any reason. Banker's Union has provide…
IBA has already dictated theit terms for settling the 11th Bipartite Wage Revision and asked the union to incorporate the Performance Linked Pay Structure in their charter of demands for 11th Bipartite Wage Settlement. Read - What is Performance…
In recent meeting of 11th Bipartite wage revision for public sector bank employees, the Indian Bankers Association (IBA) has coined the Performance Linked Pay Structure (PLP) and insisted and advised to the Bankers' association to incorporate i…