Indian Bank Association has proposed five days a week and 15 percent increase in salary for employees of government and some private banks.
Bank Employees Salary Hike: Indian Banks Association (IBA) has proposed a 15 percent salary hike for government and some old private generation bank employees. There is also a plan to start working five days a week soon. On Thursday, a proposal was made to increase the salaries of the employees, but many unions are demanding further increase in salaries along with other changes.
On the other hand, banks like PNB have started making higher provisions for increase in salaries. These banks are making a separate budget to increase salaries by 10 percent. Also, an amount has been kept aside for 15 percent salary growth. This means that if both these proposals are approved then the salary of the employees of these banks may increase by 25 percent.
Employees and union demand more salary growth
Here, unions and employees say that banks have earned good profits during the September quarter of FY 2024 and during Covid, the employees have done a better job in working and taking forward the government schemes besides bringing the lenders back on track. Is. In such a situation, employees deserve better compensation and the increase in their salary should be more than 15 percent.
Gift may be received before general elections
General elections are going to be held next year and talks with the Finance Ministry are being closely monitored. It is expected that the proposal to increase the salary of employees can be approved before the general elections. The last time the salary of bank employees was increased in 2020 was after three years of long negotiations with the government.
Work five days a week
It has also been proposed that a rule of five days a week should be implemented for bank employees. After the implementation of this proposal, the working hours of the employees will increase and then they will get two days off in a week.
