According to reports, bank employees can get the benefit of 15 to 20 percent salary increase from the new year, which is the best in the last several years. Since the existing wage agreement between Public Sector Banks (PSBs) and IBA has already expired on November 1, 2022.
Bank Employees Salary Hike 2024: There is good news for lakhs of government bank employees across the country. Bank employees can get two big gifts before the New Year. In the year 2024, there may be a 15 to 20 percent increase in the salaries of bank employees. 5 day working rule can also be implemented for the same employees.
20 percent increase in salary, 5 days working rule
According to media reports, the Indian Banks Association (IBA) has proposed a salary increase of 15 to 20 percent for government employees. Since the existing wage agreement between Public Sector Banks (PSBs) and IBA has expired on November 1, 2022, talks are going on between bank unions and IBA regarding continuous wage hike since then. It is reported that bank unions and associations The 12th bilateral negotiations between India and the Indian Banks Association (IBA) have reached the final round and it is likely that a major decision can be taken on both these matters by mid-December. If it is finalized then these rules will also apply to the employees of Regional Rural Bank.
Decision may be taken in December
According to media reports, one can get the benefit of salary increase of 15 to 20 percent in the meeting, which is the best in the last many years. Apart from this, a decision can also be taken on five day working week. In such a situation, to compensate for the loss of working hours, employees can be asked to work for more hours on weekdays, so that the bank can The customer will not face any problem in depositing check book and passbook. The work of withdrawing cash or transferring money will be done online only. The five-day working week is expected to be announced either by the Center or the IBA along with the pay hike notification or soon thereafter.
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