Global business reports salary negotiation

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Global business reports salary negotiation

The meeting was attended by representatives of all the constituent unions. The meeting noted that the participation of employees and officers in the All India Strike on 30th and 31st May,was total and the massive turnout of our members in the rallies, demonstrations and processions was impressive and encouraging.

The meeting reviewed the developments during the course of our agitation including the discussions held before the Chief Labour Commissioner CentralMinistry of Labour, Government of India, on 28th May, The meeting took note that in deference to the observations of the CLC Cthe IBA has written to the concerned Banks to re-examine their decision on restricted mandate to the IBA but the issue still remains as we cannot agree with the fractured mandate.

global business reports salary negotiation

There were threadbare discussions regarding the further course of action to be decided by the UFBU to pursue our Charter of Demands and its resolution. After full-fledged discussions, the meeting decided as under: It was decided to meet these officials at the earliest to explore the possibilities of an enhanced offer from the IBA in order to take the negotiations forward.

The duration of the strikes and the global business reports salary negotiation etc. It was also decided that these strike actions would be further intensified including the need for giving a call for continuous and indefinite strike actions.

The meeting reiterated that the wage expenses of the Banks as a ratio to the total expenses has actually declined over the years and hence, denial of fair wage revision cannot be accepted.

It was also reiterated that all the Banks without exception have been consistently earning operating profits year after year and in the last five years, from tothe total operating profits were Rs.

The meeting took note that all these problems are as a result of the Government pursuing the policies of Banking reforms like privatization, consolidation, appeasement to corporate defaulters, new mechanism to relieve the corporate defaulters from their liabilities under the guise of Insolvency and Bankruptcy Code, FRDI Bill, etc.

Hence, the meeting felt that alongside our agitation for wage revision, we should also build up campaign and protest actions against the Banking reform policies of the Government which are harmful to the interests of the banking public.

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Keeping in view that already so many Government schemes are thrust on the Banks leading to avoidable stress on the employees and officers at the branches, the meeting decided that our members will not undertake the job of Aadhaar Enrollment. Hansraj Ahir, Union Minister of State for Home, had issued instructions to some District Magistrate that annual increment should be stopped for Bank Managers, who have not completed the target to sanction Mudra Loans.

The meeting took serious objection to such high-handed instructions and decided to take up the matter with the Government to rescind these instructions. Like any other Bank, the problem of Dena Bank is only on account of the huge Bad Loans and the remedy lies in taking stringent measures to recover these loans from the defaulters.

On the other hand, prohibiting sanction of loans by the Bank will choke the Bank to ultimate death.

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It was decided to take up the matter with the RBI. Alongside we shall also protest against the banking reform policies of the Government and the hardship the banking clients are put to. Comrades, Banking Sector is passing through critical times.

In order to safeguard the Banks, which represents the hard-earned savings of the people and in order to protect and promote the interest of the workforce in the Banks, strengthening our unions is our utmost priority.

Unity and struggles alone will be the guarantee against these attacks. We call upon all our unions and members to close up their ranks and prepare themselves to meet these offensives and challenges effectively.Benchmark your Job- Enter in your Job Title and your zipcode for your salary /pay range.

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global business reports salary negotiation

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