Calculate 11th Bipartite Salary Hike – Meeting between IBA and Banks’ Union are going on for salary hike for already pending 11th Bipartitre Wage Revision for Bankers. Recent meeting between IBA & Banks’ Union UFBU just concluded and IBA has rejected the demands of any further hike in existing offer of 6%.
IBA has also formulated the Performance linked salary structure for bank employees and given a draft presentaion to Banks’ Union in this regard.
IBA had agreed on the merger of Dearness Allowance (DA) of 47.80% with basic pay. Based on the variosu consideration, if we see the difference in Gross Salary with this 6% hike, it’s mere. Calculate and verify yourself.
For Officers salary hike from Probationary Officers (PO) to Scale III (Senior Manager), Any Bank
Note : Enter Values in each of the fields !!!