11th Bipartite

IBA Agrees on 15% Payslip Hike in 11th Bipartite Wage Revision

11th BPS Settlement - As expected the IBA has agreed on the 15% hike on payslip cost for the 11th Bipartite Wage Revision along with certain other restrictions like Performance Based Pay structure and other forward benefits. Calculate your Sala…

IBA Says Wage Hike Offer to Bankers "Sufficient"

The Indian Banks' Association (IBA) has dubbed the 12.25% wage hike offer to bank employees as adequate, given the financial strains lenders face, though employees associations have called a two-day all-India bank strike on January 31 and Febr…

11th BPS Updates - Meeting with CLC Failed, Strike to be continued

11th Bipartite Wage Revision latest updates -  The conciliation meeting by Chief Labour Commissioner with IBA, UFBU and MoF failed due to no conclusive response from IBA.  IBA wanted unions to defer the strike after which they will call for fur…

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