12th BPS Latest Updates – Canara Bank Officers Association (CBOA) has submitted the charter of demands to IBA on 19th October. They are too early to submit the demands as the 12th Bipartite Salary Settlement for the bank employees are due from 1st Nov 2022.
Read – 12th BPS Expected Salary Calculator For Bank Employees
As per Charter of Demands submitted by the CBOA, the following are included :
1. Wage negotiation has to be up to scale VIII, the newly introduced position of CGMs (Chief General Manager) in the bank.
2. The residual issues must be settled before commencing the negotiations on the CoD.
3. It should be the endeavor of both parties to provide a decent salary that would attract the best talents in the country for a career in the banking industry.
4. The wage revision shall be realistic matching to the status and stature of the work force for leading a decent life and it shall be delinked from the paying capacity and the profitability of the bank.
5. Work life balance has to improve with the improvement in technology thus five day banking is to be considered as top priority.
6. As all the parameters are well known, the wage revision shall be effective from 1stNovember 2022and all the negotiations to be completed within a period of two months.
The revised salary as per new basic pay to be credited to the employees account from January 2023 onwards along with two months arrears.
7. Appointment of officer / employee Director in Public Sector Banks is to be considered as top priority.
The various other demands include the 5 Days banking and salary settlement at par with LIC.
For more download the charter of Demands : Here
