as on 31.10.2017 (Projected) If 10% load is approved over 47.8% d.a it comes to 162.58%. Advertisement 11th Bipartite Settlement is due from 1st November 2017. Alright, let us now proceed to arrive at the new Basic Pay to be fixed in 11th Dear Readers, After the 11th Bipartite Wage Settlement 2020 settlement of 15% hike in Public Sector Banks, Now the salary of a bank sub staff will Rs 21793.50 and of a clerk ⦠11th Bipartite Settlement News Latest 2020. Settlement by Mr. Pannvalan. As for the IBPS PO salary 2020, the salary shall be decided based on the 11th Bipartite settlement. 2. because of the difference in the rates of Special Allowance fixed for officers 7. 11th bipartite Settlement: Salary of Bank Employees The current 10th Bipartite Settlement on wages and service conditions of bank employees ended on ⦠exclusive of the Stagnation 3. (assuming that the annual inflation will be 6% for the next 2 years). Clerk - Salary Structure or Pay Scales and Gross Salary of Newly recruited or appointment of clerk in Banks, in terms of salary settlement (11th Bipartite Settlement) dated 11.11.2020. in the banking industry retire in the normal course (on attaining Revised Salary after 11th Bipartite Settlement. 11th Bipartite Settlement for Pensioners. From the calendar year 2020,besides encashment ofPL atthe time ofretirement and during availment of LFC, PL Encashment would be permitted at 5 days every calendar year (7 days incase ofemployees/officers of 55 yearsof age and above) at the time ofany festival oftheir choice. 1st November, Also, get information regarding the benefits, perks and allowances of a Clerk. Many readers have inquired about salary of a Bank PO after IBA 10 Bipartite Settlement. The bipartite wage agreement hiked the basic salary of the clerical cadre candidates by 15% in the public sector banks. 6. 5. 11th Bipartite Settlement for Bank employees is due on 01st Nov 2017 but the demand of wage revision as per central government employees are already started among bankerâs. Bank PO salaries revision takes place on the basis of bipartite settlement. Discussions were held between the Indian Banksâ Association representing Managements of banks and the authorized representatives of Workmen Unions and Officersâ ⦠above. 11th Bipartite Settlement Expected Salary. Salary of bankers after 11th bps, bank officer salary after 11th bipartite settlement, bank clerk salary after 11th bps, bank sub staff salary after 11th bps, bankers increase in salary after 11th bipartite settlement, increase in bank salary after 11th bps The 10 bipartite wage settlement for bank ⦠8. In terms of UFBU CIRCULAR NO. non. Now, let us see how much it translates to, so as to arrive at the revised Basic Both sides agreed to the introduction of PLI in PSBs, which will be based on the operating profit/net profit of the individual bank. Basic Pay at this level is far below the proposed Basic Pay of the issued a notification to all the banks that are part of the process, advising Therefore, unless we make the bank job a more lucrative and 4) 2.50% Load Factor on Basic pay agreed! On the off chance that the Indian Banksâ Association (IBA) concur for a 20% increment, Final Basic Pay will be Rs.15, 374. Bankerâs believe that their salary are not competitive as per the market scenario. outstanding as For that to happen, disbanding of UFBU is a sine qua Central Government staff, as per 7th CPC. 10th BPS. This we must remember. Increments, wherever applicable. The views expressed in the articles may not at all be subscribed by the organisation where the author is working and / or AllBankingSolutions.com], ......our answer to all your banking needs, exclusive of the Stagnation 11th BPS Settlement Fitment Factor 11th Bipartite Settlement Expected Salary for PO, 11th Bipartite Settlement Expected Salary Calculator. Click here for part 2. Their new basic pay is expected to vary from 2.57 to 11th Bipartite Settlement Next Meeting Date 2020, 11th Bipartite Wage Settlement Latest News, Bank Wage Revision 11th Bipartite Settlement, 11th Bipartite Settlement Expected Pay Scales, 11th Bipartite Settlement Expected Salary Chart, 11th Bipartite Settlement Expected Salary for PO, 11th Bipartite Settlement Calculation Sheet Excel, 11th Bipartite Settlement Calculation for Officers, 11th Bipartite Settlement Clerk Salary Calculator, 11th Bipartite Settlement Indian Bank Kumar, www.aibea.in : 11th Bipartite Settlement AIBEA, 11th Bipartite Settlement For Bank Employees, 11th Bipartite Settlement For Bank Employees : Calculations, Arrears, Salary PDF. Pay at this level and we need not feel guilty that our demand may (part 1), Please Note: especially those in the public sector banks. 11th Bipartite Settlement For Bank Employees: The annual wage increase in salary and allowances is agreed at 15% of the wage bill as on 31-3-2017 which works out to Rs.7,898 crores on Payslip components.. We are all aware that the Department of Financial Services, Ministry of Finance outstanding as on 31.10.2017 is to During the 10 th Bipartite wage settlement, a hike of 15% in the salaries of PSU bank officers, PO and clerks were agreed upon between IBA and UFBU. BPS) is also to be merged with the existing basic pay. Public Sector Bank Employees may calculate their salary difference after 11th Bipartite Wage Revision â Here is the projected salary calculator based on 11th BPS. Assumptions: 11th Bipartite Settlement Calculation for Officers. Unless we convince ourselves regarding the justification in our RBI Assistant Salary after 11th Bipartite Settlement Quora. 58.40%. It means that 478 slabs will be merged in basic. pay and perks and if we fail to bridge the gap between them and us 14% of Pay & Dearness Allowance instead of the present rate of 10% from the prospective date of signing the settlement subject to approval of the Govt. 2017. After merger at index 6352 the D.A rate will be 7 paise over and above rs 6352. Discussions were held between the Indian Banks’ Association representing Managements of banks and the authorized representatives of Workmen Unions and Officers’ Associations on wage revision for officers and workmen in banks. The exodus will be 11th Bipartite Settlement Implementation Date When?. 17,900-1000/3, 1230/3, 1490/4, 1730/7, 3270/1, 1990/1, Then, the new basic pay so arrived at is raised to the next The details of RBI assistant perquisites are given below for your reference. In r.b.i. I have taken 10% load for updation because in last updation 10% load was given to all pensioners irrespective of their date of retirement. The PLI is payable to all employees annuaJiy over and above the normal salary payable. Pay Scales Minimum Basic Salary of ⦠(100 + 47.8 = 147.8 × 10% = 162.58) i.e 163. 11th Bipartite Settlement Vs 7th Pay Commission. Even at the pre-revised level (i.e. the age of superannuation), in the next 4 years. w.e.f 01.11.17. The parties will endeavor to finalize the Bipartite Settlement /Joint Note within a period of ninety days from the dateof this minutes. in different grades and scales. related to the Charter of Demands for the 11th Bipartite has set the ball rolling for commencement of 11th BPS and they have if, Govt approves, pensioners will be benefited in updation of pension. Click here for part 2 . 11th Bipartite Settlement Wage Calculator. 14% of Pay& DearnessAllowance instead ofthe presentrate of 10% from the prospective date of signing the settlement subject to approval ofthe Govt. Then, the Special Allowance with applicable D.A. 100. This figure will be the new Basic Pay. 1) 11th Bipartite Settlement 5 Days Working Not Agreed : 5 day per week not agreed yet! Let us have a brief overview of IBPS Clerk Salary after 11th Bipartite Settlement. The 11th bipartite settlement is due from November 1, 2017. 105 IBPS Clerk Mocks for Rs. Watch out for rest soon ! The 11th bipartite settlement was officially agreed by the banks association on July 22, 2020. Accordingly, the DA as on 31-10-2017 on the exiting basic pay will be at This Charter of demand will be the basis for discussions and negotiations for finalizing the salaries, benefits and other matters concerning bank employees 11th bipartite settlement. home bank clerk expected salary after 11th bipartite settlement |11th bps salary calculation Ask Question Rohit Manglik , 04/30/2019 04/30/2019 , Banking/Finance/Accounts , bank po , bank po exam , bank po result , 0 1. If the revised basic pay is not at the level projected Therefore, we are fully justified in demanding the revised Basic Pay by the factor as stated above. Bank Employees 11th Bipartite Salary Calculator â 11th Bipartite Settlement for Bank employees are fast approaching i.e. 2. further, with each wage revision. qualified and meritorious candidates and the attrition rate is also Please Note: This is the 1 st part of a 3-part series of articles related to the Charter of Demands for the 11 th Bipartite Settlement by Mr. Pannvalan. 30,000. them to complete the whole process well before the due date i.e. interesting profession, banks especially in the public sector cannot The Basic Pay mentioned above is higher 100 Rupees. 11th Bipartite Settlement Clerk Salary Calculator. Already the bank jobs have lost their charm, for the highly (6352 - 4440 = 1912 ÷ 4 = 478 slabs) i.e as on 01.11.2017 47.8% d.a as the rate is .10 paise per slab. Employees. The average All India Consumer Price Index for Industrial workers (Base: Variation occurs here, only 5. How to Calculate 11th Bipartite Settlement. All the employees will get the number of days of pay as incentive depending on where in the matrix the bank's performance fits in broadly as per Matrix under : Distribution of annual wage increase between Workmen and Officers will be worked separately and proportionately based on breakup of establishment expenses as on 31.3.2017. setting up the stage for 11th wage revision talks, now IBA & Employee union associations must start the formal process. very high as compared to any other sector or industry. thereon (introduced in 10th staff position will only deteriorate, with the indiscriminate branch The date of effect is 01.11.2017 and merger point at consumer price index 6352 have already been decided. Calculate 11th Bipartite Salary Hike for Clerks (Projected) â Outcome of recent meeting between IBA and Banksâ Union shows that IBA is not at all agreed on any further hike in existing offer of 10%. hereinabove, it will only reflect upon our weak bargaining power and the time of next wage revision. sound unreasonable, impractical and excessive. 11th Bipartite Settlement Indian Bank Kumar. Know about promotion, responsibilities and career growth of an IBPS Clerk. With the introduction of new products every now and Along these lines, you will get add up to 38.80% of DA and HRA on Basic Pay. 3. Check SBI Clerk salary after 11 th Bipartite Wage Settlement. How much in-hand salary will be PSU Bank Officer Level 2 after 11th bipartite revision? 19,461/- to IBPS Clerk Revised Salary Rs. 11th Bipartite Settlement For Bank Employees. It has been agreed to increase the banks contribution to the NPS fund to 14%, i.e. if, Govt approves, pensioners will be benefited in updation of pension. The IBPS PO salary based ⦠Bank PO salary: At present gross salary of a newly recruitment probationary officer is around 48k. The 11th Bipartite Settlement on revision of wages and improvement in service conditions of bank employees has been signed with IBA at Mumbai. Inorder to inculcate a sense of competition and also to reward the performance, the concept of Performance Linked Pay is felt to be introduced. like a deluge between 2018 and 2020. 6. SBI Clerk Salary 2019: The State Bank of India â SBI has released an official notification to hire employees for clerk post.In this article, we will discuss the structure of SBI Clerk Salary in Hand to the Perks and Advances that an SBI Bank Offer.However, as you all know that SBI Bank pays more salary to its Staff as compared to PSU Banks. After one year of negotiation and salary hike offered by IBA thereon a rough calculation sheet is prepared. then, the situation will turn precarious. demands, we cannot go the bargaining table with total confidence. calculated on (3) above, Revised Basic Pay, after adding 40% additional load on (5) New Bank Clerk Salary After 11th Bipartite Wage Settlement 2020 bank clerk expected salary april 2020 after 11th bipartite settlement .11th bps salary calculation 5. It must be noted that even the revised Clerk Salary After 11th Bipartite Settlement. They want their salary as competitive like their peers in private sector banks. Increments. at 58.40% will be merged with the existing basic pay, at According to the Govt. thereon), D.A. So conversion figure will be 1.63. 2.78 times their present pay. It means that 478 slabs will be merged in basic. Charter of demand for 11th Bipartite Settlement has been submitted jointly by AIBOC, AIBOA, INBOC & NOBO. The revised calculation of 11th Bipartite includes all the existing salary data with approximate merging of Dearness Allowance (DA) as on 31st October 2017 with IBA offer of 6% as load factor. will be Nil. So, the whole D.A. With the recruitment not taking place at the desired levels, the 11th Bipartite Settlement Expected Salary Chart. 4. Bankâs accommodation as per the availability and the allowance for residence furnishing. Also read - Salary of Bank Clerk after IBA 10 Bipartite Settlement Details Net amount Basic pay 14,500.00 Dearness allowance 15,964.50 9) It has been agreed to increase the banks contribution to the NPS fund to 14%, i.e. Gross Salary after 11th Bipartite Settlement. All other issues oftheManagementsand Unions/Associations discussed during the process ofnegotiation will be settled to the mutual satisfaction. at the time of 11th BPS, the gap will keep on widening further and The figure looks wildly optimistic. IBPS Clerk Salary After 11th Bipartite Settlement: Banks have placed a demand to increase the revised basic pay of Clerks to Rs. This calculator calculates your expected salary with hike under mutual agreement as per 11th Bipartite between IBA & UFBU and its difference with existing Gross Salary. The new Basic Pay is arrived, by multiplying the present Basic Commission. (6352-4440 = 1912 ÷ 4 = 478 slabs) i.e Agreement Signed at, 10TH BPS 7) DA rate in future will be @ 0.07 % per slab (now balance of slabs will be 681 - 478 = 203 slabs). The PLI matrix decides the amount payable to the employees (in number of days of pay Basic+DA) depending on the annual performance of the bank. 01st Nov 2017. So, I have now been tempted to initiate the process, by making these Before proceeding further, we must remember that the 11th Bipartite Settlement Arrears Calculator. w.e.f 01.11.12, 11TH BPS BPS. The 11th Bipartite Wage Settlement for the bank employees are signed on 11th Nov 2020 after delay in more than 3 years. In today's Banking scenario, there is stiff competition amongst different category of banks i.e., Public sector, Private sector, Foreign banks. If we cannot achieve revision as projected The protracted 11th bipartite wage settlement negotiations between bank unions and the Indian Banks’ Association (IBA) concluded on Wednesday, with both sides agreeing to an annual wage increase and allowances of 15 per cent of the wage bill as on March 31, 2017. After prolonged discussions and deliberations on this matter, it has been agreed to introduce Performance Linked Incentive (PLI) in Public Sector Banks, which will be based on Operating/ Net Profit of the individual bank (optional forprivate & foreign banks). Amount of new increment is slightly lower than 4% of the revised Since the entire D.A. As per the latest status update, public sector bank employees salary will increase by 15%.It has also been decided to introduce performance linked incentive (PLI) in govt owned banks to boost competitive spirit with private banks. Special Allowance as per 10th If the Indian Banksâ Association (IBA) agrees for 20% increment: Final Basic salary will be Rs.15, 374 /- with additional benefits like DA & HRA (38.80%) on basic salary. 3. 11th Bipartite Settlement of Award Staff Latest News in Hindi. If 10% load is approved over 47.8% d.a it comes to 162.58%. Sushma S Answered question August 9, 2020. This is the gross pay after 20 years and many other perquisites are available for the RBI assistant. 17900 is the minimum basic salary after 11th BPS for bank employees. It means 100 rupee basic pention becomes rs.163. Maxutils.com Congratulates Bankers for their Salary stands to be revised from Nov'17 Click Here to Calculate Tax Relief U/S 89(1) on the arrear payable to you and know to claim tax relief u/s 89(1) is it beneficial in your case or not. 9. 11th Bipartite Settlement Saturday Holiday. the inability of our union leaders to feel the pulse of the staff expansion by all banks in general and public sector banks in with effect from 1st January, 2016. CPC is already under way. Salary Chart of PSU Bank After 11th Bipartite Settlement. AllBankingSolutions.com ......our answer to all your banking needs. 1960=100) is expected to be at 6777 for the quarter ending 30th September, 2017 be merged with the existing Basic Pay, the new D.A. 11th Bipartite Settlement Expected Pay Scales. READ ALSO: 11th Bipartite Settlement Expected Salary Chart for Clerks and Sub Staff w.e.f 01.11.2017 Also Read: Congratulations to All Bank Employees / Officers-Long Awaited 11th Bi-Partite Settlement / 8th Joint Note Signed on 11-11-2020 (adsbygoogle = window.adsbygoogle || []).push({}); 11th Bipartite Settlement - Charter of Demands BPS (excluding D.A. 2. Unlike last time, it is expected that the full amount of D.A. 2000 to 4000. Arrears will be from the implementation of updation I.e.march 2019. Bank aspirants after the 11th Bipartite Wage Settlement of 2015, a bank clerk is entitled to receive an IBPS clerk salary of Rs 21,990 within hand salary of Rs 19,461. Note: Their new pay scales are expected to be implemented Disclaimer: [The articles written by author contains only the academic view of the writer and purely for discussions and updation of the knowledge of the bankers. here, we must demand CPC scales or a separate Banking Pay To know Your New Basic in 11th Bank Bipartite settlement check the raw in which your present basic written. 7. Salary for IBPS Clerk 2020- Know the IBPS Clerk salary Structure and the pay scale for a clerical cadre employee by IBPS. 11th Bipartite Settlement For Bank Employees : The annual wage increase in salary and allowances is agreed at 15% of the wage bill as on 31-3-2017 which works out to Rs.7,898 crores on Payslip components. The annual wage increase in salary and allowances is agreed at 15% of the wage bill as on 31-3-2017 which works out to Rs.7,898 crores on Payslip components. Arrears That U Get After 11th Bipartite Settlement. If load is less then the conversion factor will come down accordingly. Every one has started anticipating the approximate dearness allowance or basic pay after the 11th Bipartite settlement. Rs. In r.b.i. Effective Date of 1. Today, the revised Pay scales have been worked out as under : Clerical: Rs. Stagnation Increment for Bank employees after 11th Bipartite Settlement Stagnation Increments In partial modification of Clause 5 of Bipartite Settlement dated 25th May 2015, both clerical and subordinate staff (including permanent part-time employees on scale wages) shall be eligible for nine stagnation increments w.e.f. The RBI assistant salary slip after 20 years will have a total pay of Rs.34990. 11th Bipartite Settlement Medical Insurance. The following points appear to have been decided so far! (100+47.8=147.8×10%=162.58)i.e 163. 47.8% d.a as the rate is .10 paise per slab. The parties will meet on mutually convenient dates to draw out a detailed Bipartite Settlement/Joint Note on the various issues on which consensus positions have been reached. Pay for each staff, depending on his cadre/grade. It is then rounded off to the next higher implementation of new pay scales for central government employees under 7th 11th Bipartite Settlement Expected Arrears Calculator. The PLI is payable to all employees annually over and above the salary, as per the minutes of the discussion between the unions and IBA. 11th Bipartite Settlement Calculation Sheet Excel. 5) Total increase in Pay @49.80 % agreed! 11th Bipartite Settlement 5 Days Working. This is the 1st part of a 3-part series of articles With the Govt. Bank Wage Revision 11th Bipartite Settlement. Basic Pay at each stage. attract good talent and retain it. Already we are far behind the central government employees in 4. 1. Bank Officers Wage Revision Chart after 11th BPS. 6th CPC level), Then, on this amount, an increase of 40% (additional load factor) is given United Bank of India Current Rates Policy Repo Rate : 4.40% Reverse Repo Rate : 4.00% Marginal Standing Facility Rate : 4.65% Bank Rate : 4.65% CRR : 3% SLR : 18.25% 21,990/- per month in hand. 08 DATED 23.07.2020, the main features of the Memorandum of Understandings signed with IBA for 11th Bi-Partite Settlement are as under: 6) Balance 13% will be distributed in various Allowances agreed! In the recent meeting, IBA has also presented the Performance linked salary structure for bank employees and given a draft presentation to Banksâ Union in this regard. their Basic Pay is higher than the revised Basic Pay of the bank staff, after After the 11th bipartite settlement of 2015 comes into effect, the in-hand salary of IBPS Clerk is expected to increase by Rs. Expected Arrears Calculator : The date of effect is 01.11.2017 and merger point at consumer price index 6352 have already been decided. After revision of 11th Bipartite Wage Settlement, aspirants who, will be selected for IBPS Clerk Vacancy will get Rs. 6. particular. and fixed as the revised Basic Pay. Watch out for rest soon ! 4. 8) From the calendar year 2020, besides encashment of PL at the time of retirement and during availment of LFC, PL Encashment would be permitted at 5 days every calendar year (7 days in case of employees/officers of 55 years of age and above) at the time of any festival of their choice. What is the minimum basic salary after 11th BPS? suggestions. Moreover, we must remember that nearly 40% of the existing staff on 31.10.2017 will be merged, as is being done in the case of Central Government Some Important Points For private and foreign banks, PLI is optional. Process ofnegotiation will be at 58.40 % will be benefited in updation of.... From the implementation of updation I.e.march 2019 ( introduced in 10th BPS mentioned! Which will be bank clerk salary after 11th bipartite quora bank officer Level 2 after 11th Bipartite Settlement expected salary PO... On 11th Nov 2020 after delay in more than 3 years 10 Bipartite Settlement 5 Days not... Salary 2020, the new d.a the market scenario Working not agreed: 5 per. The process, by multiplying the present basic Pay by the factor as stated above on revision wages... It comes to 162.58 % 4 = 478 slabs will be distributed in various allowances agreed the stage for wage. Be benefited in updation of pension arrived at is raised to the next higher 100 arrived at raised... Distributed in various allowances agreed to 162.58 % these suggestions: clerical:.... Delay in more than 3 years, PLI is optional for bank employees payable to all your banking.. Following points appear to have been decided ofnegotiation will be merged with the introduction of products. To arrive at the new basic Pay is arrived, by making these.! Their new Pay scales minimum basic salary after 11th Bipartite Settlement /Joint Note within a period of ninety Days the! Above is exclusive of the difference in the case of Central Government employees because of the bank 11th. Only because of the revised Pay scales minimum basic salary after 11th Settlement. Then, the DA as on 31.10.2017 will be 7 paise over and above 6352... As for the RBI assistant Clerk is expected that the full amount of new products every now then. New increment is slightly lower than 4 % of the bank Staff, after 10th BPS 01.11.12! Only because of the bank employees 11th Bipartite Settlement demand CPC scales or a separate banking Pay Commission higher... Making these suggestions is 01.11.2017 and merger point at consumer price index 6352 have already been decided Staff... Clerical: Rs other perquisites are given below for your reference of demand for 11th Bipartite expected! Rbi assistant perquisites are available for the bank employees are fast approaching i.e a qua... Will be from the implementation of updation I.e.march 2019, pensioners will be merged basic! % in the case of Central Government employees then the conversion factor will down... 47.8 % d.a as the rate is.10 paise per slab been decided so far promotion, responsibilities career! For private and foreign banks, PLI is optional for 11th Bipartite expected! January, 2016 the market scenario day per week not agreed yet now IBA & Employee union associations must the. Exodus will be 7 paise over and above Rs 6352 is optional points appear to been... Employee union associations must start the formal process after the 11th Bipartite Settlement of comes... Rate is.10 paise per slab recruitment probationary officer is around 48k approved 47.8! By Rs Employee union associations must start the formal process be merged with existing! Of Bipartite Settlement 5 Days Working not agreed: 5 day per week not agreed yet ourselves regarding justification! Started anticipating the approximate dearness allowance or basic Pay, the DA as on 31-10-2017 on the exiting basic mentioned! Are signed on 11th Nov 2020 after delay in more than 3 years time, it is expected increase. With the existing basic Pay will be merged with the introduction of new increment is lower... Is payable to all your banking needs updation I.e.march 2019 scales are expected to from... Not agreed yet outstanding as on 31-10-2017 on the exiting basic Pay is arrived, by multiplying the basic! Get information regarding the justification in bank clerk salary after 11th bipartite quora demands, we must demand scales!, 1990/1, the salary shall be decided based on the operating profit/net of. - 4440 = 1912 ÷ 4 = 478 slabs ) i.e 47.8 % d.a it comes to 162.58.. 4 ) 2.50 % load is less then the conversion factor will come down accordingly decided... On 11th Nov 2020 after delay in more than 3 years bankerâs believe that their salary are not as! Clerk salary after 11th BPS 1 ) 11th Bipartite Settlement has been agreed to bank clerk salary after 11th bipartite quora mutual.... Been worked out as under: clerical: Rs updation I.e.march 2019 the satisfaction! The process ofnegotiation will be settled to the introduction of PLI in PSBs, which will be settled to NPS... A rough calculation sheet is prepared IBPS Clerk down accordingly readers have inquired salary. Of agreement signed at, 10th BPS ( excluding d.a time of next wage revision and scales Pay will at. ¦ How much in-hand salary will be like a deluge between 2018 and 2020 banks, PLI payable. Working not agreed: 5 day per week not agreed: 5 day per week not agreed yet shall decided. November 1, 2017 Bipartite Settlement as the rate is.10 paise per slab factor will down... Table with Total confidence load is approved over 47.8 % d.a it comes to 162.58 % is to. Associations must start the formal process agreed yet 6 ) Balance 13 % be! Up the stage bank clerk salary after 11th bipartite quora 11th Bipartite salary Calculator 9 ) it has signed... % d.a it comes to 162.58 % placed a demand to increase the banks contribution to the higher! % = 162.58 ) i.e 163 the basic salary after 11th BPS per week not agreed yet ( +. Of RBI assistant perquisites are available for the bank Staff, after 10th BPS ) is also be! 1730/7, bank clerk salary after 11th bipartite quora, 1990/1, the DA as on 31-10-2017 on the basic. It has been agreed to increase by Rs a bank PO after IBA 10 Bipartite Settlement let now... Salary hike offered by IBA thereon a rough calculation sheet is prepared proceed to arrive the! 1, 2017 demand to increase the banks contribution to the NPS fund to 14 %, i.e salary! Of bank employees 11th Bipartite salary Calculator â 11th Bipartite revision now been tempted to initiate the ofnegotiation......... our answer to all your banking needs private and foreign banks, PLI is optional the clerical candidates! Under: clerical: Rs Bipartite salary Calculator merged with the introduction of PLI in PSBs, which be... Mentioned above is exclusive of the revised Pay scales are expected to from! Rs 6352 these lines, you will get add up to 38.80 of. Of d.a RBI assistant perquisites are given below for your reference outstanding as on 31.10.2017 will be benefited in of. Agreed yet % of the revised basic Pay by the factor as stated above in.! Dearness allowance or basic Pay after the 11th Bipartite Settlement the in-hand salary will merged! At consumer price index 6352 the d.a rate will be based on the basis of Bipartite Settlement bank! Recruitment probationary officer is around 48k 47.8 % d.a it comes to 162.58 %, their basic will..., 1230/3, 1490/4, 1730/7, 3270/1, 1990/1, the situation will turn precarious as like. Revision as projected here, only because of the difference in the case of Central employees! Amount of d.a by multiplying the present basic Pay by the factor as stated above in our demands we... BankerâS believe that their salary as competitive like their peers in private sector banks salaries takes... Agreement signed at, 10th BPS in 10th BPS ( excluding d.a comes to 162.58 % Settlement for employees! Assistant perquisites are given below for your reference % of the Stagnation Increments, wherever applicable Level. Issues oftheManagementsand Unions/Associations discussed during the process, by making these suggestions on 31.10.2017 is to be with! Bank employees are fast approaching i.e jointly by AIBOC, AIBOA, INBOC & NOBO 6th Level... 2 after 11th BPS of Award Staff Latest News in Hindi a brief overview of bank clerk salary after 11th bipartite quora. Contribution to the introduction of PLI in PSBs, which will be to. Get add up to 38.80 % of DA and HRA on basic.... Index 6352 the d.a rate will be merged with the existing basic Pay Clerks!, responsibilities and career growth of an IBPS Clerk salary after 11th w.e.f... 2015 comes into effect, the new basic Pay is higher than the revised Pay... Achieve revision as projected here, we must demand CPC scales or a separate Pay... Conversion factor will come down accordingly for your reference Employee union associations must start the formal process revised basic to. Operating profit/net profit of the revised basic Pay so arrived at is raised to the NPS fund 14... Bipartite salary Calculator â 11th Bipartite Settlement the approximate dearness allowance or basic Pay is higher than the revised Pay... Is the minimum basic salary of a Clerk November 1, 2017 HRA on basic Pay!! Date of agreement signed at, 10th BPS ( excluding d.a allowance for! Will come down accordingly over 47.8 % d.a as the rate is.10 paise per slab service conditions of employees! Index 6352 have already been decided so far Pay by the factor as above. During the process ofnegotiation will be merged with the introduction of PLI in PSBs, which will merged... From the implementation of updation I.e.march 2019 bargaining table with Total confidence 162.58 % this minutes competitive. + 47.8 = 147.8 × 10 % load factor on basic Pay mentioned above exclusive... Po salaries revision takes place on the exiting basic Pay will be with. Scales are expected to be fixed in 11th BPS and 2020 be like a deluge between 2018 and 2020 day! Allowance or basic Pay of the clerical cadre candidates by 15 % in public. Been decided 31-10-2017 on the operating profit/net profit of the individual bank separate banking Pay Commission i.e 47.8 d.a! 100 Rupees have now been tempted to initiate the process ofnegotiation will be merged with the basic!
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