Tuesday, April 27, 2010

BANKER OR BEGGER

Wage Revision for Bank Employees

Today all bank employees are eagerly waiting for their wage revision. I am very much upset towards Government (IBA) stand on pension issue.

Kautilya already wrote about Govt and its duty towards employees of states that Pension is a social obligation to the state even state has short of fund. While IBA argue that the load of pension will be passed to the Bank employees.

All nationalized banks has proved in last decade that they are capable to compete with private banks and even so called multinational banks. While PSU like ONGC, IOC,HPCL,BPCL employees get more salary than Bankers.

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