Searched for
BIPARTITE SETTLEMENT
Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...- SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
- Lost job for misconduct? PSU bank employees may still be eligible for pension; check Bipartite Settlement and eligibility rulesPublic sector bank employees dismissed for misconduct can still receive their pension. This is due to Bipartite Settlement rules that allow...
- Delhi HC declines stay on PSB incentive schemeThe Delhi High Court has declined to halt the 2024 performance-linked incentive scheme for senior public sector bank officials. Bank employ...
- Bank employees, officers demand immediate resolution of PLI impasseThe revised PLI formula sought to be imposed by the Department of Financial Services (DFS) is viewed by the workforce as an unilateral and ...
- Bank employee was dismissed and denied pension as he assaulted colleague in 1998, he filed a case; wins in Supreme CourtA bank employee dismissed in 1998 for assaulting a colleague has won his pension case in the Supreme Court. After a 27-year legal fight, th...
- IBA, bank unions conclude wage negotiations; over 8.5 lakh employees to get 15 pc pay hikeAfter three years of intense negotiations, bank employees' unions and IBA, on July 22, had entered into a memorandum of understanding for a...
- IBA forms groups to finalise wage negotiation for public sector bank employeesIBA and bank unions agreed upon a 15% hike over the base wage bill of Rs 52,625 crore, which was the cumulative wage bill -- of all public ...
- Lakshmi Vilas withdraws mandate it gave to IBA for wage talksThe bank is yet to announce its fourth quarter financial results.
- Chief labour commissioner tells IBA and bank unions to resolve difference in 15 daysThe issue of delay in bipartite wage settlement was discussed Monday at a joint meeting between IBA, bank unions and officers from departme...
- PSU banks: Pitch ready for performance-linked incentives to employeesPerformance-linked incentives may be computed annually after declaration of banks’ annual results.
- Wage revision for bank officers and workmen may be done separatelyWage revision in public sector banks takes place in every five years. The 11th bipartite settlement is due from November 1, 2017.
- Bank wage talks to cover officers up to AGM rankThe updated proposal for officers means bipartite negotiation will now cover 3.76 lakh officers, which is 99.27% of total officers in publi...
- Crack within UFBU may hamper wage revision talksThe umbrella body of nine trade unions -- which holds wage revision talks on the behalf of their members with the Indian Banks' Association...
- IBA raises wage hike offer to 10%, unions not happy yet"The 10% offer is not up to our expectation." said Rajen Nagard, president of All India Bank Employees Association, the largest bank union.
- Get ready for another bank strike on December 21The bank unions' strike will severely affect banking services severely around the Christmas holidays.
- Bank unions reject IBA's 8% wage hike offer"It is far below our expectation. We have urged upon them to improve their offer," said Rajen Nagar, president at All Indian Bank Employees...
- IBA, bank unions meet tomorrow to discuss wage hikeIn the last round of the talks held on May 5, 2018, the IBA had offered a meagre 2 per cent wage hike, which had irked the unions and they ...
- Bank unions on relay strike from tomorrow after talks failBanking services are likely to be affected for the next four days as employees of PSU banks plan to go on a zone-wise relay strike beginnin...
- IDBI employees observe two-day strikeIDBI employees have gone on a two-day strike protesting against non-implementation of wage revision settlement.
Load More
