FRIENDS I MOST HUMBLY REQUEST YOU FOR THE SAKE OF AND IN THE INTEREST OF DIGNITY AND HONOUR OF BANK EMPLOYEES MY FOLLOWING STATEMENT OF BARE FACTS EVEN OUTSIDE THE GROUP INTENSIVELY AND HIT MAXIMUM LIKES (IF LIKED ACTUALLY) SO THAT UFBU SELF APPOINTED LEADERS FEEL ASHAMED OF THEIR EXISTENCE. YES, THEY ARE SELF APPOINTED . THE SIMPLE FACT THAT EXCEPT 0.0001 PERCENT EMPLOYEES (UFBU LEADERS THEMSELVES) NO EMPLOYEE VOTES TO SELECT LEADER. THE FACT OF THE MATTER IS UNIONS SEND / ARRANGE MEETINGS IN SUCH A MANNER THAT MINIMUM PEOPLE ATTEND. EVEN WHOEVER ATTENDS ARE NOT GIVEN CHANCE TO VOTE / SELECT/ELECT THEIR LEADER. THEY THEMSELVES PROPOSE AND SELECT EACH OTHER ON THE DIAS AND THE BONDED MEMBERS BELOW DIAS ARE MUTED. FIRST THING TO BE DONE URGENTLY IS AN INDEPENDENT ELECTION BE HELD TO ELECT POPULAR REPRESENTATIVES BY COMPULSORY VOTING BY ALL EMPLOYEES ON THE BASIS OF MERIT AND POTENTIAL. I AM SURE ALL EXISTING UFBU SELF DECLAREDS WILL LOSE SECURITY DEPOSIT IF THEY DECIDE TO CONTEST. MY POST BEGINS NOW. 1 IN LAST SETTLEMENT 17.5 % OF TOTAL COST (ESTABLISHMENT EXPENSES) WERE ADDED TO TOTAL COST AND 12.5 % OF TOTAL COST WAS ADDED TO PAYSLIP COST. 2 IN THIS SETTLEMENT TOTAL COST IS 56292 CRORES AND PAYSLIP COST IS 31000 CRORES. LATEST IBA OFFER IS ADDITION OF 9.5 % OF PAYSLIP COST TO PAYSLIP COST. IF WE CONVERT THIS OFFER INTO ADDITION IN PAYSLIP COST IN TERMS OF PERCENTAGE TO TOTAL COST, IT IS 5.23 % (MISCHIVOUSLY TOLD AS 9.5 %).SEE FACTS BELOW. ( IBA OFFER 9.5 % OF 31000 CRORES I.E. 2945 CRORE . 2945 CRORES COMES TO 2945/56292 MULTIPLIED BY 100 I.E. 5.23 % OF TOTAL COST. TO PUT SIMPLY IBA LATEST OFFER IS AT 5.23 % VERSUS ACTUAL SETTELD QUANTUM OF 12.5 % IN LAST SETTLEMENT. 3 MAIN PERCENTAGE OF INCREASE IN WHICH DIGNITY OF COMMON EMPLOYEE IS REFLECTED IS THE PERCENTAGE INCREASE IN BASIC PAY PLUS DEARNESS ALLOWANCE.UFBU MISGUIDES IN THE NAME OF PERCENTAGE INCREASE IN GROSS PAY. PLEASE NOTE THAT A 10 % INCREASE IN GROSS PAY/PAY SLIP COMPONENTS IS ACTUALLY 6% INCREASE IN BASIC PAY PLUS DEARNESS ALLOWANCE. I DEMONSTATE THE SAME BELOW. SUPPOSE 100 IS EARLIER BASIC . 60 DA IS GETTING MERGED.8 IS HRA (WITHOUT DA). 4 IS FPP (AGAIN WITHOUT DA). 2 IS ANNUAL MEDICAL AID (TAKEN FOR 1 MONTH PROPORTIONATELY) (AGAIN WITHOUT DA).GROSS BEFORE SETTLEMENT IS 174 (100+60+8+4+2) IN WHICH 160 IS CORE SALARY (BASIC + DA) AND 14 ARE ALLOWANCES CUNNINGLY KEPT WITHOUT DA FOR EATING PERCENTAGE INCREASE IN PAY SLIP COMPONENTS WHILE CONVERTING INTO INCREASE IN BASIC + DA. 10% ON 174 IS 17.4. BUT JUST TO MAINTAIN RATE OF 14%ON DA DEPRIVED ALLOWANCES (LIKE HRA, FPP, MEDICAL AID ) IS TO AFTER DA MERGER OF 60, RS.8.40 (OUT OF 17.4) ARE EATEN UP. (14 % ALLOWANCE ON PRE-MERGER BASIC OF 100 IS 14 WHEREAS 14% ALLOWANCE BECOMES 22.4 JUST BECAUSE OF MERGER OF 60 DA TO 100 BASIC AND 8.4 IS TREATED AS INCREASE IN GROSS SALARY WHEN ACTUALLY IS ONLY A NATURAL CONSEQUENCE OF DA MERGER AND DOESNOT AMOUNT TO ANY INCREASE AT ALL). HENCE IN THIS WAY 17.4 INCREASE WRONGLY SHOWN IS ONLY 9.AND A 10 PERCENT INCREASE IN GROSS IS ONLY 5.1 % INCREASE IN BASIC PAY PLUS DA. LATEST IBA OFFER OF 9.5 % IN GROSS/PAY SLIP COMPONENTS IS ACTUALLY AN OFFER OF 4.85 % INCREASE IN BASIC PAY PLUS DA. NOBODY CAN DISPUTE THESE TRANSPARENT AND SELF EVIDENT FACTS. 3. THE NEGOTIATIONS SHOULD BE ON THE PERCENTAGE INCREASE IN BASIC PLUS DA AND DA SHOULD BE PAID ON ALL ALLOWANCES TO AT LEAST RULE OUT SCOPE FOR SUCH CHEATING. 4. FRIEND FOR GOD SAKE DONT GET FOOLED BY THE SO CALLED MUCH HYPED OFFER ON INCREASE IN PAY SLIP COMPONENTS AND GRASP CLEARLY THE REALITY THAT ANY RATE OF INCREASE IN PAY SLIP COMPONENTS IS ONLY HALF RATE OF THAT OFFERED INCREASE ON BASIC PLUS DA . PAY SLIP COMPONENTS INCREASE BASIC PLUS DA INCREASE 10 % 5.1% 20% 10.2% 30% 15.3% 40% 20.4% 50% 25.5% ...... ......... 90% 45.9%......STILL WE WILL NOT BE ANYWHERE NEAR 6 TH PAY COMMISSION. SEVEN COMMISSION ALREADY BEING IMPLEMENTED. 4. HAD EARLIER JUDICIAL COMMISSIONS APPOINTED INSTEAD OF CALLED BIPARITITE AND ACTUALLU UNIPARTITE (IBA IS THE ONLY PARTY TO THE NEGOTITIONS) NEGOTIATIONS. BANK EMPLOYEES SELF ESTEEM AND DIGNITY WOULD NOT HAVE SUFFERED SUCH A SHAMEFUL HUMILIATION. PLEASE TRY TO EXPLAIN THE RATIONAL AND REALITY OF THIS TO AS MANY AS YOU CAN IN THE INTEREST OF DIGNITY AND OUR SELF ESTEEM.ANY QUERY PLEASE DONOT HESITATE.
Posted on: Sun, 26 Jan 2014 09:23:54 +0000
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