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11th Bipartite Salary Calculator – 11th BPS is settled for Public Sector Bank Employees with 15% hike and 2.50% load factor. Now, calculate your expected basic pay along with the Gross difference in the salary. Read – Employees of these Banks may not get any salary hike after 11th Bipartite ? Read – Calculate Clerks Salary Difference […]
Bankers Union are in thought that the proposed merger of Bank of Baroda with Vijaya Bank & Dena Bank will lead to massive job cuts. The All India Bank Employees Association (AIBEA) has called for a nation-wide strike on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank. The 11th Bipartite Wage […]
Calculate 11th Bipartite Salary Hike for Clerks (Projected) – Outcome of recent meeting between IBA and Banks’ Union shows that IBA is not at all agreed on any further hike in existing offer of 10%. In the recent meeting, IBA has also presented the Performance linked salary structure for bank employees and given a draft presentation […]
11th Bipartite Wage Revision Current Status – Meeting of Banks’ Union (UFBU) with negotiation committee of Indian Bankers’ Association (IBA) held on 29th September 2018 was concluded without any outcome. IBA was not agreed on any further hike on their earlier offer of 6%. Banks’ Union are insisting on salary hike of minimum 15% on […]
Calculate 11th Bipartite Salary Hike – Meeting between IBA and Banks’ Union are going on for salary hike for already pending 11th Bipartitre Wage Revision for Bankers. Recent meeting between IBA & Banks’ Union UFBU just concluded and IBA has rejected the demands of any further hike in existing offer of 6%. IBA has also […]
In recent development on 11th Bipartite salary settlement for bank employees, Finance Minstry has stepped in and asked Indian Bankers’ Association (IBA) to speed up the wage revision deal. There is no visible progress till date on salary hike as after the 10th industry-wide wage settlement had run its course, ending on October 31, 2017, […]
If believes on the recent developments, Government may sooner implement the Voluntary Retirement Scheme (VRS) for the employees of already announced merging banks i.e. Bank of Baroda, Dena Bank and Vijaya Bank. Further, 11th bipartite negotiations may gather steam as the merger between the three public sector banks could see massive branch rationalisation in many of […]
What will be the expected basic pay of bankers’ after 11th Bipartite Settlement ? Based on the charter of demands submitted by the Banker’s Union with initial hike on salary offered by IBA i.e. 10% as load factor, the revised basic pay of Bankers is calculated. Read – Employees of these Banks may not get any […]
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