NEGOTIATIONS ON WAGES HIKE FAILED,BANK EMPLOYEES AGAIN STRIKE?

 

New Delhi,May 7,(globelmedianews.com):
Employees of Bank of India have been complaining that the All India Bank Employees Union (AIBEA) and the Indian Banks Association (IBA) have failed to bring pressure on the Union Finance Ministry for wage hike. Bank employees will be forced to strike for a two-day strike. Employees of the bank are unlikely to make a contravention of the previous 15 per cent increase in the previous year. Yesterday, the talks between the United Forum of Bank Unions (UFBUU) and the Indian Banks Association (IOB) failed to discuss the hike in salaries.


NEGOTIATIONS ON WAGES HIKE FAILED,BANK EMPLOYEES AGAIN STRIKE?

More than ten lakh employees of government and private banks will be stripped of this strike. On November 1, 2012, the tenth tier bidder tie-up has been signed and the IBA will offer an increase of over fifteen percent of the total wage bill as part of the agreement, chairman of the All India Bank Employees Association General Secretary CHH Venkatachalam said. However, this increment is two percent On March 3 to take up rame aibie announced last year, said the hike is short of. The Ministry of Finance has urged immediate intervention and warned that if the ministry fails, the strike will be forty-eight hours.

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