Friday, August 16, 2013

Bank Wage Settlement: IBA and UFBU agree on 401 Slab DA merger

..........As per banking industry sources the SBI is always giving 10% additional benefit to their employees than other PSU banks and RBI employees getting 20% additional benefits by way of facilities. But after 6th pay commission the salary of SBI and RBI employees are also less than central govt employees. It is learnt that in 10th wage revision all sector of industry is in mood of getting salary at par to central govt employees which is also indicated in this talk. Banking Industry experts are hopeful of bank wage revision before 2014 election with minimum 35% total increase...........

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