Bank employees demand pay hike
Source: The Sangai Express

Imphal, May 09 2018: As observed in other States, employees of Nationalised Bank and Cooperative Bank branches of Manipur carried out demonstration in front of State Bank of India, Imphal branch, MG Avenue demanding increments of their wages.

The demonstration was organised by United Forum of Bank Unions, Manipur State Committee.

During the demonstration slogans, "We demand immediate wage division", "We demand five-day banking", "We oppose implementation of performance-based variable pay" were raised.

Speaking at the occasion, H Keshorjit, Convenor of United Forum of Bank Unions, Manipur State Committee stated that bank employees' wages should be increased every five years.

Bank employees demand pay hike

In the last 10th bipartite for the period October 30, 2012 to November 1, 2017, all the bank employees received an increment of 15 percent.

Likewise, all the employees are entitled to receive the same percentage of increment as per the 11th bipartite which started from November 1 lastyear.

However, IBA handed out only 2 percent increment to their wages.

Challenging the IBA's decision, the Union also formed various sub-committees to engage with the authority concerned to come at an amicable solution by working out an appropriate pay by January 31 this year, but no such solution has materialised till date.

He also stated that the Department of Financial Service, Indian Government also issued strict instructions to resolve this issue but IBA did not pay heed to their instructions.

As a mark of solidarity to the decision taken by the all India bank employees to carry out demonstration from May 8 to 9 to oppose the action of IBA, the United Forum of Bank Unions, Manipur State Committee also organised the demonstration with the support of employees of Nationalised Bank and Co-operative Bank branches of Manipur.

He further said all the bank employees are yet to receive the benefits of medical insurance and all the employees may also observe two-day pen down strike at the end of this month and may initiate further agitation to oppose the lowly treatment meted out to the banking sector.