[STC Salt Lake] Wage Revision Talks for Award Employees Finalised

  • From: "Anup Sen, Salt Lake, Kolkata" <anupsen@xxxxxxxxx>
  • To: "E-Group STC Salt Lake City Kolkata" <0banktech@xxxxxxxxxxxxx>
  • Date: Wed, 1 Jun 2005 19:14:00 +0530

----- Original Message ----- 
From: Anup Sen, Salt Lake, Kolkata 
To: E-Group STC Salt Lake City Kolkata 
Sent: Wednesday, June 01, 2005 11:23 AM
Subject: Wage Revision Talks for Award Employees Finalised


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Title: State Bank of India, Staff Training Centre, Salt Lake, Kolkata. : : stcsaltlake@xxxxxxxx : :

 

Wage Revision Talks for Award Employees Finalised

The Final agreement will be signed on June 2, 2005

 

June 1, 2005

 

 

Mumbai, May 31 :  The discussion with workmen associations and IBA was concluded today at Mumbai paving the way for 8th bipartite wage settlement in Banking Industry. Representatives of NCBE, AIBEA, BEFI, and INBEF and NOBW meet with IBA negotiating team finalised the draft agreement on wage settlement which is scheduled to be signed on Thursday (2nd June 2005). The agreement with officers associations is also scheduled to be signed on the same day.

 

It was learnt that the clerical employees will have the basic pay of Rs.4,410.00 ?(20years)- Rs.13,210.00. For Sub-Staff the new basic pay will be Rs.4,060.00 ? Rs.7,560.00. The basic pay was neutralised at price-index of  2,288. The details are awaited.

 

 

 

 

 

 

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