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11th Bipartite Salary Calculator- Calculate Your Expected Basic Pay with Hike

Recent meeting between IBA & UFBU was held on 02nd Feb 2019. IBA has offered to enhance the fixed pay component from 8% to 10% and reduce the variable pay by 25% to 6.2%. Based on the charter of demands...

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BoB-Dena-Vijaya Bank Merger May Lead to Job Cuts !

Bankers Union are in thought that the proposed merger of Bank of Baroda with Vijaya Bank & Dena Bank will lead to massive job cuts. The All India Bank Employees Association (AIBEA) has called for a nation-wide strike on December 26 opposing...

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Calculate Clerks Salary Difference after 11th Bipartite Wage Revision

Calculate 11th Bipartite Salary Hike for Clerks (Projected) - Outcome of recent meeting between IBA and Banks' Union shows that IBA is not at all agreed on any further hike in existing offer of 10%. In the recent meeting, IBA has...

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Employees of these Banks may not get any salary hike after 11th Bipartite ?

11th Bipartite Wage Revision Current Status - Meeting of Banks' Union (UFBU) with negotiation committee of Indian Bankers' Association (IBA) held on 29th September 2018 was concluded without any outcome. IBA was not agreed on any further hike on their...

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Calculate Your Salary Difference With 11th Bipartite Hike

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...

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Finance Ministry Asks IBA to Speed Up the 11th Bipartite Wage Revision

In recent development on 11th Bipartite salary settlement for bank employees, Finance Minstry has stepped in and asked Indian Bankers' Association (IBA) to speed up the wage revision deal. There is no visible progress till date on salary hike as...

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VRS Scheme Likely Soon for the Employees of Bank of Baroda, Dena & Vijaya Bank

If believes on the recent developments, Government may sooner implement the Voluntary Retirement Scheme (VRS) for the employees of already announced merging banks i.e. Bank of Baroda, Dena Bank and Vijaya Bank. Further, 11th bipartite negotiations may gather steam as the...

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Calculate Your Expected Basic Pay After 11th Bipartite Settlement

What will be the expected basic pay of bankers' after 11th Bipartite Settlement ? Based on the charter of demands submitted by the Banker's  Union with initial hike on salary offered by IBA i.e. 10% as load factor, the revised...

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