1960=100) is expected to be at 6777 for the quarter ending 30th September, 2017 FIRST BIPARTITE SETTLEMENT (19.10.1966) INDEX Chapter ITEM Clause (s) Page (s) MEMORANDUM 1-2 I GENERAL 1.1 3 II CATEGORISA TION OF BANKS 2.1-2.2 3 III CATEGORISA TION OF AREAS 3.1-3.4 4-7 IV SCALES OF PAY 4.1-4.13 8-16 (i) Clerical Staff 4.1-4.2 8-9 (ii) Subordinate Staff 4.3-4.4 9-10 (iii) Part-time Workmen 4.5 10-1 1 (iv) Efficiency Bar 4.6 11-12 (v) … be merged with the existing Basic Pay, the new D.A. Any irrelevant post / advertisement will be deleted including the member. calculated on (3) above, Revised Basic Pay, after adding 40% additional load on (5) here, we must demand CPC scales or a separate Banking Pay BPS. in different grades and scales. This figure will be the new Basic Pay. For that to happen, disbanding of UFBU is a sine qua It must be noted that even the revised b) The Settlement has been signed under Section 2(p) and Section 18 (1) of the Industrial Disputes Act. New Bank officer Salary After 11th Bipartite Wage Settlement 2020. 11th Bipartite Settlement Officers and Workmen PDF November 11, 2020 admin Leave a Comment 11th Bipartite Settlement for Bank Officers and Workmen Dated 11.11.2020 … Increments. non. very high as compared to any other sector or industry. Pay at this level and we need not feel guilty that our demand may 1st … Fifth Bipartite Settlement (10th April, 1989) Regarding ‘A' Class Banks CONTENTS Item Clause/s Page/s Memorandum 1-2 Short Recital of the Case 3-4 Terms of Settlement 1 -3 4-6 Scales of Pay 4.A 6-7 Stagnation Increments 4.B 7-8 Dearness Allowance 5 8-9 City Compensatory Allowance 6 9-10 House Rent Allowance 7 10-11 Special Allowances 8 11 Washing Allowance 9 12 Graduation … Arrears will be from the implementation of updation I.e.march 2019. the time of next wage revision. Stagnation Increments 8 6. (adsbygoogle = window.adsbygoogle || []).push({}); 11 Bipartite Settlement for Bank Employees and Officers Unlike last time, it is expected that the full amount of D.A. If the revised basic pay is not at the level projected It means 100 rupee basic pention becomes Rs.163 after 11th Bipartite settlement. 11th Bipartite Settlement for Bank Officers and Workmen signed on 11.11.2020. Scales of Pay 7 5. The average All India Consumer Price Index for Industrial workers (Base: 100. pay and perks and if we fail to bridge the gap between them and us AFI 36-2903 PDF. interesting profession, banks especially in the public sector cannot AllBankingSolutions.com                              ......our answer to all your banking needs. INDEX Sr. No. 11th Bipartite Settlement for Bank Employees – PDF Download suggestions. Since then, there have been consecutive Bipartite Settlements in the banking sector. hereinabove, it will only reflect upon our weak bargaining power and READ ALSO: 11th Bipartite Settlement Expected Salary Chart for Clerks and Sub Staff w.e.f 01.11.2017. Their new pay scales are expected to be implemented It is then rounded off to the next higher Joint Notes. Their new basic pay is expected to vary from 2.57 to Some Important Points Friday, Dec 25, 2020 Breaking News 800H 1HZX7 PDF. Existing rate of special allowance 7.75% of baisc pay. 10th. 11th Bipartite Wage settlement latest news.Updates about bankers wage revision and expected salary calculator.Public Sector Bank employees salary revision and bipartite settlement updates. 7th PAY COMMISSION, 7th CPC NEWS, 7th CENTRAL PAY COMMISSION, 7th PAY SCALE, 7th PROJECTED PAY SCALE, 7th EXPECTED PAY SCALE, EXPECTED DA, DOPT ORDERS. In partial modification of Clause 5 of Bipartite Settlement dated 25th May 2015, both clerical and subordinate staff (including permanent part-time employees on scale wages) shall be eligible for nine stagnation increments w.e.f. 1. as on 01.11.2017 The exodus will be 5. the age of superannuation), in the next 4 years. Click here for part 1 . The new Basic Pay is arrived, by multiplying the present Basic 8th Joint Note 7th Joint Note 7th Joint Note Watch out for rest soon ! Terms of Settlement 5-6 4. Joint Notes. (assuming that the annual inflation will be 6% for the next 2 years). Click here for part 2 . 4. As per the latest status update, public sector bank employees salary will increase by 15%.It has also been decided to introduce performance linked incentive (PLI) in govt … 3. 11th Bipartite Settlement is due from 1st November 2017. 9TH BIPARTITE SETTLEMENT FOR BANK OFFICERS PDF - Glimpses of Signing Ceremony of 9th Bipartite ; Salary Revision and Pension Option It is a momentous and historical settlement … Basic Pay at this level is far below the proposed Basic Pay of the the inability of our union leaders to feel the pulse of the staff Click on right corner of PDF to view large. outstanding as on 31.10.2017 is to 8. 3. sound unreasonable, impractical and excessive. 2017. above. Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. 30-12-2000 after the 7 th Bipartite Settlement. thereon), D.A. 1. 11th BPS 9th BPS 8th BPS BPS 2015 BPS … Short Recital of the case 4 3. Overview. BPS) is also to be merged with the existing basic pay. Moreover, we must remember that nearly 40% of the existing staff HOMO CONNECTUS PDF . With the recruitment not taking place at the desired levels, the Amount of new increment is slightly lower than 4% of the revised thereon (introduced in 10th 2. Here we stated some expected outcomes. The protracted 11th bipartite wage settlement negotiations between bank unions and the Indian Banks’ Association (IBA) concluded on Wednesday, with both sides agreeing to an annual wage increase and allowances of 15 percent of the wage bill as on March 31, 2017. Post a comment. Pay for each staff, depending on his cadre/grade. Increments, wherever applicable. For 8th Joint Note Click: Joint Note For Officers 5. 11th Bipartite Settlement for workmen and 8th Joint Note for Officers on 11th November 2020. Please Note: This is the 1 st part of a 3-part series of articles related to the Charter of Demands for the 11 th Bipartite Settlement by Mr. Pannvalan. Then, on this amount, an increase of 40% (additional load factor) is given But we have preserved bilateralism and bipartism all these years. CPC is already under way. Note: Alright, let us now proceed to arrive at the new Basic Pay to be fixed in 11th Tags: AIBEA AIBOC Bipartite Settlement IBA News. Dearness … Even at the pre-revised level (i.e. on 31.10.2017 will be merged, as is being done in the case of Central Government We are happy that in continuation of these efforts, we could achieve the 11th Bipartite Settlement on the 11th November, 2020. Then, the Special Allowance with applicable D.A. 58.40%. 11th Bipartite settlement salary revision news for bankers.Public Sector Bank employees salary bipartite settlement updates. 6. Circulars. qualified and meritorious candidates and the attrition rate is also 603 talking about this. If we cannot achieve revision as projected staff position will only deteriorate, with the indiscriminate branch