5 Day Banking

Bank Wage Revision Formula

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bank wage revision

IBA trying to fool Bankers by percentage game.
Today after Meeting they issued a note that IBA offering 19% hike(15% in payslip components+2.5PLI+1.36 as 5 day Pl encashment). 15 % REALLY, When did they offer this. The shameless creature offered only 12.25% till date that to after 27 months of negotiation.

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Bank Wage Revision Settlement Letter to IBA by Union-Main Points

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Bank Wage Revision Settlement Letter

  • It is true that so many meetings, rounds of discussions and negotiations have taken place but our core demand i.e. adequate wage increase has not been resolved by the IBA so far.

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