For last few day I have been reading vituperative languages beig used by the agitated bank employees against their union leaders for poor wage settlement. Of course It is very poor in terms of quantum increase and sharing of burden by only PF optees. It would have been the historical had the increase in gross emoluments which are in range of 2000-8000 for Scale I to III were in the range of 5000-15000. At least by this increase bank officers will be able to get almost equal to Govt Officers from next settlement i.e from01.11.2012.
In case increase were more and every officers to contribute 1.6 time for pension option even then all the officers have got 15-2 lacs as arrear.
Now to give solace to bank employees IBA & UFBU should take following measures immediately
1.Increase in H/L to Rs.20 lacs @ 6%
2.Increase in leave accumulation upto 360 days
3.Leave encashment every year.
4. DA be neutralised by increasing slab to 0.18% increase.
5.2% profit incentive to be distributed to all staff equally.
6.Grade Pay
