Public sector Bank Employees Anticipate Salary Hike | and Five-Day Work Week by December | Short Review
Public sector Bank Employees Anticipate Salary Hike | and Five-Day Work Week by December Public sector Bank Employees Anticipate Salary Hike | and Five-Day Work Week by December Bank Employees : Decisive Changes : Public sector bank employees are on the brink of substantial positive changes, with negotiations hinting at both a notable salary increase and a reduction in the workweek. Reliable sources suggest that the long-anticipated announcement regarding these changes may materialize by mid-December. A New Era: Increment & 5-Day Work Week for Bank Staff : The ongoing 12th bipartite settlement talks between bank unions and the Indian Banks’ Association (IBA) are reaching a conclusion, bringing potential transformative shifts. Discussions lean towards a groundbreaking 15%-20% salary hike, representing a departure from traditional negotiations, as a double-digit wage increase is on the table for the first time. Decisive Moves: Agreement on the Hori...