11th Bank Wage Revision Chart

Bank employees salary revision is due from november 1 2017. 11th bipartite wage settlement latest newsupdates about bankers wage revision and expected salary calculatorpublic sector bank employees salary revision and bipartite settlement updates. Bankers believe that their salary are not competitive as per the market scenario.

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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.

11th bank wage revision chart. 11th bipartite salary calculator calculate your expected basic pay with hike. So the whole da. Then the special allowance with applicable da. Based on the charter of demand submitted by officers union to indian banking association iba the calculation of expected salary of bank employees were drawn.

They want their salary as competitive like their peers in private sector banks. 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. 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. Public sector bank employees may calculate their salary difference after 11th bipartite wage revision here is the projected salary calculator based on 11th bps.

Bob dena vijaya bank merger may lead to. 11th bps bank employees salary arrear calculator. What results this calculator displays. Thus we lost one more wage revision due in the interregnum.

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. 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. This settlement was made after a gap of about 10 years.

Award staff however got a better package. 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. Thereon introduced in 10th bps is also to be merged with the existing basic pay. At 5840 will be merged with the existing basic pay at the time of next wage revision.

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.