11th BPS: IBA to meet bank officers for wage negotiations on 16 Sept

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11th BPS Wage Negotiations - Revision updates
11th BPS Wage Negotiations - Revision updates

Upcoming Saturday, India Banks’ Association (IBA) will meet a core group for bank officers proposed by the United Forum of Bank Unions (UFBU), as part of ongoing wage negotiations.

11th BPS Wage Negotiations - Revision updates
11th BPS Wage Negotiations – Revision updates

S.K. Kakkar, Senior Advisor, Human Resources and Industrial Relations, IBA, said this in a letter to the UFBU leadership. The previous meeting of the IBA core group (officers) was held on August 1.

IBA meets Workmen unions on 6 Sept for wage negotiations , next talk on 3 October

Meanwhile, the IBA sub-committee negotiating wages for staff other than officers had met with representatives of five unions September 6 in Mumbai. In 11th BPS Wage Revision Talk on 06/09/2017, No Offer on Salary Rise by IBA.

The IBA side was represented by Rakesh Sharma (MD & CEO, Canara Bank), Chairman of the sub-committee.

The meeting took into account a number of the demands listed but proved inconclusive.

Among the demands were –

  • Additional casual leave for physically challenged employees
  • Accumulation of privilege leave of up to 300 days and encashmnent
  • Improvement in sick leave benefits
  • Relook at maternity and paternity leave
  • Sick leave for lady staff when children fall ill
  • Case for child care leave
  • Handling absence during curfew and other exigencies
  • Leave bank system
  • Simplified overtime wage calculation
  • Problems on the NPS front.

The next meeting is slated to be held on October 3.

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