August 28, 2015
August 22, 2015
NEW SERVICE CONDITIONS ACHIEVED - DREAM COMES TRUE
Circular No.13/VI/2015 August 21, 2015
Dear comrades,
NEW SERVICE CONDITIONS ACHIEVED - DREAM COMES TRUE
AIBOA, looking into various developments in our Industry, felt the need of demanding “Regulated working hours” for officers as one of the important demand in our Silver Jubilee Conference held at Delhi in the first quarter of 2006.
2. It was brought to the knowledge of other Officers’ Organisations during the course of finalising the Charter of Demands in the VI Joint Note exercise at Hyderabad and submitted to the then Chairman of IBA Mr.M.B.N.Rao, CMD of Canara Bank. IBA was reluctant to address the problems, at that point of time.
3. Our organisation had participated in the All India Stay out Strike in February 2013 and in reply to the strike notice filed before CLC[C], IBA had responded vide their letter dated 13.02.2013 to the demand that the Banks are functioning only for 4 hours on Saturdays instead of normal working hours.
4. Looking to the varieties of changes in the work processes, 66% of Banking services are handled through alternative delivery channels, controller of the Banking system having 5 days working, owner of the Banking system having regulated working hours of 8 hours and 5 days a week, markets operations are in force for 5 days made the Bankmen to take up the demand more vigorously during the current wage revision exercise. 23.02.2015 was the day, the news was broken that the authorities at Government level conceded partially to the demand of 5 days a week. In exchange of 2 days holidays ie; on 2nd and 4thSaturdays, the other Saturdays in the month will be full working days ie; 6-1/2 hours of work. In the negotiation table, it was informed by IBA team, that the value of the two days holidays is equivalent to 1.81% of payslip components.
5. The Government of India has released the notification yesterday, ie; the effect of the new service condition will be from 01.09.2015. We are to pursue the demand of converting the partially achieved 2 days Saturday holidays to a full fledged one.
The vision of Late Com.RJS has been pursued with sincerity and successfully achieved.
Yours comradely,
/S.NAGARAJAN/
GENERAL SECRETARY
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