What is meaning of 9.5% Incrase on PaySlip component ? This is still a mystery as nobody is sure whether IBA has clarified this in writing to UFBU. I think UFBU should have issued the details today itself to clear the doubts. But they seems to have kept quite and it has led to lot of rumors and different calculations. With now clarity on DA merger and hike percentage, UFBU leaders can easily calculate the rough increase in the net take home salaries at least the beginning of each scale. As I was going through various reports, I found it interesting when I came across the report dated 16th January, 2014, of Business Line wherein Mr Murali had rued The IBA, which represents the managements of nationalised, private and foreign banks in the country, had offered only a 5 per cent rise in the ‘payslip component’ of salary. Actually, this will mean about 3 per cent of the gross pay.” This will mean that 9.5% increase will result in about 6% increase of the gross pay? With such a confusion, nobody is ready to commit as to what does 9.5% means? Thus, in this age of internet, bankers are still groping as to what is the meaning of PaySlip increase and UFBU leaders are enjoying their silence. I hope soon UFBU and others will come out with clarifications on the points raised so that bankers do not feel cheated from all sides - Fixed match as well as lowest ever increase in 10th BPS.
Posted on: Sun, 19 Jan 2014 03:14:12 +0000