Wage settlement of Banks

Wage settlement of Banks

It is a matter of great regret that bank employees have to resort to nationwide strikes off and on for their wage settlement on completion of every five years. The tenth bipartite settlement between the Indian Bank Association (IBA) and the representatives of the Bank Employees Association should have started from the month of November, 2012 but the negotiation was held belatedly with no effect till today although a period over two years has already been elapsed. We are at a loss to understand why the bank employees have to tide over embarrassment while claiming their legitimate demands.

Meanwhile fourteen rounds of table talks were held but both the IBA and Employees Association could not arrive at a probable solution to their wage settlement. I am afraid lest this tenth bipartite settlement should coincide with the eleventh bipartite settlement which is due in 2017. During the course of negotiation, the bank employees had to resort to nationwide strike for several occasions up to the month of December, 2014 and may go for indefinite strike from the month of March, 2015 if no suitable solution is arrived at.

May I request Mr Arnab Goswami, eminent Journalist through your esteemed daily to arrange for a ‘panel talk’ in the appropriate TV Channel between the IBA and the representatives of the Bank Employees Association why the IBA use to show their step motherly attitude towards every wage settlement of the bank employees so that we may have a clear idea why such anomalies are seen to occur during every wage revision.

Satyajit Sengupta,

Survey, Beltola, Guwahati-28.