Few Days ahead of a proposed strike by PSU banks' employee unions, a top union leader today sought the intervention of Finance Minister Arun Jaitley to resolve the over two-year-old wage hike issue.
Public sector bank employee unions have threatened to go on a nationwide four-day strike beginning February 25 over the wage hike issue.
C H Venkatachalam, General Secretary of All-India Bank Employees Association (AIBEA), said Jaitley should intervene immediately to settle the long-pending issue.
Source : PTI
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Kindly Note that Unions have threatened to go on strike for 4 days from 25-28 February 2015.
But it seems that some kind of negotiations may happen on talk which is scheduled on 20th February 2015.
Our view is that as several clerical unions are not inclined to go on strike and some amicable way can be found out with little higher percentage increase in the wage for bankers in public sector bank.
Some sources have informed that final wage settlement may happen around 15% which is a little bit more than 1% from the current offering.
There is also some chance that unions for betterment of government and to save the salary amount of government may go on strike for four days and then do the final wage revision this financial year so that they can take back most of the money given to poor bankers in the form of taxes.
Hence , all the young and old bankers should refrain from going on the strike as going on strike shall result in more than 400 Crore amount saving for Management. As even on going on strike will result in hardly maximum increase to 15% in the final wage revision
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