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…
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 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…
11th BPS Latest News - IBA has requested UFBU for deferring the proposed strike and submitted the list of demands with their offers. This list includes all the demands except 5 Days banking. A letter has been sent by the Deputy Chief Executiv…
11th Bipartite Wage Revision News - Assistant Labour Commissioner (C) has called upon the all the parties in the settlement to have a common meeting i.e. IBA, Ministry of Finance and UFBU. Read - 11th Bipartite Wage Revision for Bankers May Set…
11th Bipartite Wage Revision Latest Updates - It is believed that the long awaiting wage revision of Public Sector Banks may be finalized on 27th Jan 2020 post meeting with CLC. NOTE : This is not the confirmed news but it is the strong rumor …