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Already we are far behind the central government employees in pay and perks and if we fail to bridge the gap between them and us at the time of 11th bps the gap will keep on widening further and further with each wage revision.
11th bank wage revision chart. What results this calculator displays. This calculator calculates your expected salary with hike under mutual agreement as per 11th bipartite between iba ufbu and its difference with existing gross salary. This settlement was made after a gap of about 10 years. Bob dena vijaya bank merger may lead to.
It displays monthwise expected revised basic pay gross salary from nov17 and expected amount of arrear payable on the basis of your inputs with salary paid to you from from nov97. 11th bps updates iba not agreed on wage revision without performance linked pay plp iba ufbu meeting outcomes for dated 19 06 2019 for 11th bipartite salary revision. Then the special allowance with applicable da. Bank employees salary revision is due from november 1 2017.
Already the bank jobs have lost their charm for the highly qualified and meritorious candidates and the attrition rate is also very high as compared to any other sector or industry. For the first time bank officers were equated with class a officers of the central government who were getting lower salaries than bank officers until 31 07 1979. 11th bipartite settlement for wage revision expected demands are now submitted by bankers officers union to iba. Thus we lost one more wage revision due in the interregnum.
11th bipartite settlement for bank employees is due on 01st nov 2017 but the demand of wage revision as per central government employees are already started among bankers. Thereon introduced in 10th bps is also to be merged with the existing basic pay. They want their salary as competitive like their peers in private sector banks. 11th bipartite wage settlement latest newsupdates about bankers wage revision and expected salary calculatorpublic sector bank employees salary revision and bipartite settlement updates.
So the whole da. Award staff however got a better package. 11th bps bank employees salary arrear calculator. Public sector bank employees may calculate their salary difference after 11th bipartite wage revision here is the projected salary calculator based on 11th bps.
Bankers believe that their salary are not competitive as per the market scenario.
