Around 10 lkah bank employees are feeling helpless as their salary is not getting revised in last 23 months. The employees are depressed and their Diwali seems to go without celebration.A revision in the salary and wages of bank employees has been due since November 2017, however, it could not be agreed upon despite 30 meetings over the issue since July 2017. Unlike the central government and state government employees that are covered under the pay commission, salary and wage revision in the banking sector takes place through a wage revision settlement between the workers and management.
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Around 10 lkah bank employees are feeling helpless as their salary is not getting revised in last 23 months. The employees are depressed and their Diwali seems to go without celebration.A revision in the salary and wages of bank employees has been due since November 2017, however, it could not be agreed upon despite 30 meetings over the issue since July 2017. Unlike the central government and state government employees that are covered under the pay commission, salary and wage revision in the banking sector takes place through a wage revision settlement between the workers and management.
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