WHAT SHOULD BE DONE NOW BY UFBU/IBA

WHAT SHOULD BE DONE NOW BY UFBU/IBA


Without standing on false prestige IBA can allow a starting salary of 15000 to officers as against the government class I SCALE of 15600.

A running scale 15000-60000 with very decent increments to dgm and gm who are executives of the banks .can be considered. Let them have some respect in the society and let them be at least equal to the secretary level and above .PLEASE HELP THEM TO KEEP THE INSTITUTIONS PRESTIGE. SALARY LEVEL REFLECTS THE INSTITUTION STATUS
In place of grade pay 5400, they can introduce the concept of variable pay on an experimental basis from prospective effect ie from 01.04.2010.By this the employees may stand to gain however small the amount may be over and above the present agreed increase and will narrow the lo………ng gap prevailing between government officers and bank officers .This incentive if any can be given on ad hoc basis ie equal amount to all officers or on scale wise so that juniors can derive some benefit.

Since majority of the officers are availing lease facility IBA CAN CONSIDER increasing HRA to at least 20% which can be increased to government level in next settlement. THIS SHOULD NOT BE INCLUDED IN THE COST.
This also can be given from prospective date 01.04.2010.It will give relief to self occupied properties of officers .

Clerical starting pay can be 50% of the starting scale of officers and ending can be 40%.
A running scale of 7500-24000 with least 23 stages so as to avoid frustration at the senior level and to give them relief from stagnation increments for years together.
Substaff salary starting should be 90% of the clerical starting and ending 70%

6750-16800 with atleat 23 stages so as ro avoid stagnation.

The above proposals are the minimum need based wage revision based on the parity theory and not on earlier bipartite theory and rest of the things can be considered by appointing a committee and to bring parity atleast in future . LET IBA CONSIDER ITSELF AS A PAY COMMISSION JUDGE AND LET IT DO JUSTICE WIOTHOUT CALLING FOR NEGOTIATION . FOR GIVING BETTER HIKE THAN WHAT WE ARE EXPECTING NEGOTIATION IS NOT NECESSARY. ALL BANKMEN WHOLEHEARTEDLY THINK WELL OF IBA AND MINISTRY.
POOR BANK PENSIONERS
ALLOW IMMEDIATE 100% DA RELIEF TO PRE 01.11.2002 PENSIONERS AS AGREED BY PARLIAMENTAARY COMMITTEEE AND SAVE THEM FROM THE CLUTCHES OF INFLATION. PRE 01.11.2002 PENSIONERS ARE ALSO LIVING IN THIS WORLD ALONGWITH OTHER BANKMEN AND GOVERNMENT EMPLOYEES/PENSIONERS BUT WITH MUCH REDUCED PENSION. GIVE THEM SOME LIGHT BY ANNOUNCING 100% NEUTRALISATION IMMEDIATELY.

FINALLY BY ALLOWING PENSION UPDATION ALSO ON PAR WITH GOVERNMENT EMPLOYEES IBA CAN COMPLETE ITS ROLE AND UNDO WHAT ARE THE INJUSTICES THAT IT HAS DONE TO BANKMEN SINCE INCEPTION.
LET THE PRESENT TEAM DO PARIHARAM FOR THE PAPAM COMMITTED BY VARIOUS ERSTWHILE LEADERS.
VIABILITY OF THE PROPOSAL
ALL THE STATE GIVERNMENTS AND CENTRAL GOVERNMENT ARE IN SEVERE DEBT CONDITION ( courtesy dinamalar daily 25JAN 09)where as banks are in the green even absorbing all the genuine /political write off. IT IS STANDING LIKE A ROCK BECAUSE OF THE DEDICATION OF ONE MILLION EMPLOYEES. SO REWARD THEM INSTEAD OF PUNISHING THEM ALLOW THE INDUSTRY TO BE PROUD BY ALLOWING THE EMPLOYEES AND PENSIONERS TO DRAW MORE SALARY AND MAKING THEM HAPPY.MAKE THEM BLESS AND DON’T ALLOW THEM TO CURSE.

FINALLY ONE LUMP SUM INCREMENT TO ALL FOR THEIR PATIENCE SINCE 01.11.2007 WHICH WILL FURTHER IMPROVE THEIR PAY PACKET . DON’T WORRY THEY CAN NOT CATCH THE GOVERNMENT SALARY LEVEL .WHICH IS HAVING THE HIGHEST CAPACITY TO PAY BY INCREASING THE FISCAL/REVENUE DEFICIT.


K BALASUBRAMANIAN