NEW DELHI: This Diwali may have failed to bring cheer to more than eight
lakh employees engaged with public sector banks, who are yet to get
some news on their wage revision.
Insiders said that in a recent meeting held with the Indian Banks’ Association and bank employees that there was no consensus on the quantum of wage increase even as prime minister Manmohan Singh approved the constitution of the seventh pay commission to look into the salaries of 80 lakh government employees and pensioners.
“Employees are very dejected and things are moving at a very slow pace and the dejection is even more since the announcement of the seventh pay commission has already come,” Ashwani Rana, general secretary, National Organisation of Bank Workers, told Hindustan Times.
The bank unions could even go on strike if talks fail in the near future.
Insiders said that in a recent meeting held with the Indian Banks’ Association and bank employees that there was no consensus on the quantum of wage increase even as prime minister Manmohan Singh approved the constitution of the seventh pay commission to look into the salaries of 80 lakh government employees and pensioners.
“Employees are very dejected and things are moving at a very slow pace and the dejection is even more since the announcement of the seventh pay commission has already come,” Ashwani Rana, general secretary, National Organisation of Bank Workers, told Hindustan Times.
The bank unions could even go on strike if talks fail in the near future.
“We will have to take action and we could also go on a nationwide strike,” Rana added.
At present, there are 26 public sector banks.
The Anil Khandelwal committee, which was constituted to look into the human resource issues of public sector banks, noted that there was an acute crunch of talent in state-owned banks and there was reluctance in joining a government bank as they failed to provide concrete career growth path to their employees.
The report also underlined that instead of the present industry-level arrangement, wage decisions should come to the bank level.
Hindustan times
At present, there are 26 public sector banks.
The Anil Khandelwal committee, which was constituted to look into the human resource issues of public sector banks, noted that there was an acute crunch of talent in state-owned banks and there was reluctance in joining a government bank as they failed to provide concrete career growth path to their employees.
The report also underlined that instead of the present industry-level arrangement, wage decisions should come to the bank level.
Hindustan times
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