FOR BANKERS ACHHE DIN HAVE BEEN SACRIFICED by UFBU ================================================ Business > Finance > Latest News › WWW.FIRSTPOST.COM ==================================== Trade unions want five-days a week work for staff; talks on with IBA by Dinesh Unnikrishnan Jan 8, 2015 20:16 IST =================================================== Bank employee unions have withdrawn the four-day strike call planned later this month following temporary truce with the Indian Banks Association (IBA), the industry lobby of Indian banks. IBA has been negotiating with the trade union representatives to avoid disruptions in banking services. The unions, under the United Forum of Bank Unions (UFBU), which had earlier called off the one-day nationwide strike on Wednesday, said they have decided to hold back the four-day strike originally planned from 21 January, as well. “Since we are negotiating with IBA, we wouldn’t be going ahead with the strike plan. During our talks, IBA’s approach has been positive and discussions will continue,” said a union office bearer. Both the IBA and trade unions have formed three joint-committees to look into various aspects such as pension issues of employees, wage revision and general human resource issues including the recruitment of staff and restricting the work hours to five days a week. Trade unions have pitched for five-day working for employees at state-run banks instead of the six day schedule currently, saying that they are willing to work extra hours during week days if permitted five-days week. Even though IBA has agreed to take up this demand with the finance ministry for discussion, the ministry is learned to have expressed its reservations on this demand, according to a person in the know. “The finance ministry is not very keen to cut the working hours to five days a week,” said the person, who didn’t want to be identified. Earlier, IBA improved their offer of wage revision from 11 percent to 12.5 percent even as the trade unions have come down to 19.5 percent from 23 percent earlier. Trade unions, under UFBU, which claim support of about 10 lakh employees, majority of them from 27 public sector banks, have been pressing their demand for wage revision since the last five-year bilateral contract between trade unions and IBA expired in October 2012. Unlike the past, trade unions have relatively softened their stance on the negotiations saying if they are expecting a holistic package and not just dealing with the wage revision percentage. IBA’s management committee is scheduled to meet later this month to discuss various demands of trade unions. COMMENTS >>>>>>> =============================== UFBU Decides to Hold Back 4 Day Strike Also – Report in First Post by Rajesh Goyal =============================================== I have come across a shocking news which seems to have been uploaded by First Post few hours back. It appears that the deal between UFBU and IBA is already struck and they have started building a case for cancellation of four day strike. This may be one of the first news leakage to slowly change the mind of Aam Banker so that he is not shocked when suddenly UFBU announces that 4 days has been cancelled. We at AllBankingSolutions have been writing for long that towards the end UFBU will try to befool bankers with demands which have no relevance to wage revision. The demands like 5 day week, regulated working hours have no relevance to the wage revisions and needed to be taken up separately. Now UFBU has started the last phase of befooling the Aam Banker and will ensure that wage hike is negotiated around 13.5%, with a carrot that Sub Committees will look into demands of 5 day week and regulated working hours. Ultimately, the sub-committees may not recommend such demands or even if recommended, GoI will have the powers to reject the same. In the above report similar hints are also given towards the end of the report. Great strategy of UFBU leaders to cheat their cadre as they did in the last BPS to certain sections of retirees who were denied 2nd pension option. UFBU units seems to have given up and wants to save their energy to strike work and ask its cadre to go on strike and sacrifice salaries when GoI decides to go for bank reforms. Thus, it will be double loss to the bankers. They have to compromise with the lowest wage revisions and remain far behind the Central Govt employees, and then pay levy on the arrears. In next few months, when GoI starts bank reforms, the communist leaderships will again ask Aam Banker to stand against the government and strike work. Thus they will again have to sacrifice their salaries. It appears for bankers Ache Din have been sacrificed by UFBU leadership.
Posted on: Fri, 09 Jan 2015 02:58:06 +0000
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