The All India IDBI Officers’ Union has warned the management to revive its agitation programme if the wage revision pact is not implemented. The IDBI Bank management and officers union had agreed on the overall structure of pay and allowances due from November, 2012 in March.

Reviving agitation

“If this attitude of the management continues, we might be forced to revive our agitation program to secure our legitimate rights,” Vithal Koteswara Rao, general secretary, AIIDBIOA, said. “We are in constant touch with our parent organisations i.e., All India Bank Officers Association and All India Bank Employees Association, over the matter,” Rao told BusinessLine .

The parent unions had deferred a strike call in December last year, in support of the demand of wage revision due from November, 2012 for IDBI Bank officers and employees.

March meeting

Rao recalled the meeting held between representatives of management and AIIDBIOA on March 8 and 9 this year. The parties had reached a 'common understanding' with regard to overall structure of pay and allowances due from November, 2012.

The management had extended an assurance to the AIIDBIOA on escalating ‘as soon as possible’ the consensus arrived on implementing the wage revision. However, Rao alleged that the management failed to show any urgency in honouring its commitment.

No communication

“Despite our repeated follow-ups, we have not received any communication on further development with regard to wage revision due from 2012 to 2017.” On April 12, AIIDBIOA had written to the Managing Director and Chief Executive Officer of IDBI Bank seeking his intervention in this regard but to no avail. “It is quite surprising to notice that the MD & CEO have chosen to remain silent in this matter. Out letter has remained unanswered to this day,” Rao said.

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