11th Bipartite Wage Revision Updates - As usual, no forward steps were taken in the meeting between IBA and UFBU. The meeting was inconclusive and IBA will give a new date. Calculate your Salary with 15% hike - Click Here The outcome of th…
11th BPS Pension hike - IBA may agree on the UFBU demand of hike in basic pension. The merger of dearness allowance is finalized at 47.8%. Post approval the hike on the basic pension will be approved over 47.8% DA. The total calculation co…
11th BPS Updates - After the proposed meeting, it is said that the IBA agreed on the majority of the demands raised by the UFBU as per the charter of Demands : Read - Calculate your Basic Pay with 15% Hike 1) 15% hike in the Basic Pay …
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…