INSUBCONTINENT EXCLUSIVE:
IBA wants to have a separate wage settlement for some categories of officers: Union Leaders
Unions in the banking sector are opposed for a separate wage settlement for certain
categories of officers or top management, said leaders of two major unions
According to them, the Indian Banks' Association (IBA) want to have a separate wage settlement for officers in scale 4-7 and restricting the
composite wage settlement for clerks and officers in the grade scale 1-3
An officer in a nationalised bank who did not want to be named said: "Officers in scale 4-7 are not members of unions
When they don't pay any subscription to the unions, why should the latter take up their cause.However, All India Bank Officers'
Confederation (AIBOC) General Secretary DT Franco said that "the IBA wanted the wage revision discussion restricted to staff and officers in
But the unions refused".His All India Bank Employees' Association (AIBEA) counterpart C.H
Venkatachalam said: "The management want to fix variable pay for officers in the scale 4-7
But the officers unions are unitedly opposed to the division in their ranks
As in the past eight settlements, this time also the wage revision will be done on a composite basis."Venkatachalam also said that from 1979
onwards, the IBA has been negotiating with the unions for pay revision on a composite basis.Franco also said it is not right to say officers
in the scales 4-7 are not members of any union."In many banks, all the officers are members of unions
Only in some banks, some officers are not members of any union," he said.He said in State Bank of India (SBI), all officers in the
grade/scale 1-5 are members of union and in the other to scales - 6 and 7 - there is a mix of members and non-members.Earlier, Mr
Venkatachalam, General Secretary, AIBEA, said an over 10 lakh bankers will go on a 48-hour strike starting on May 30
The United Forum of Bank Unions (UFBU) proposed the strike beginning 6 a.m
on June 1, demanding early revision of wages
The wage revision has been due since November 1, 2017."The strike notice has been served to Indian Banks Association (IBA) representing the
bank management and the Chief Labour Commissioner (Central), New Delhi," Mr Venkatachalam said.The UFBU is an umbrella body of nine unions
in the banking sector representing staff and officers
Wage revision talks between UFBU and IBA held in Mumbai on May 5 had ended in a failure.
