10TH BIPARTITE NEW PAY SCALES
As you all must be aware that 10th Bipartite is signed for 15%. But in real sense, let me be clear that we are going to get only 2% of our basic.
Let me explain how.
First, let's check out the present salary of a PO in Bank.
Present Gross Salary of PO : Basic 14500 + DA 15921 Total Gross Salary= 30421
1) With regard to Basic, it is clearly mentioned in the minutes signed by IBA and UFBU. Basic + 60.15% DA and a load of 2%. Now our Basic is fixed i.e 14500/- will become Rs. 23686/- it will be rounded off, to 24000/-. You can check out the minutes of meeting below(held on 23rd Feb, 2015).
2) Now the question of DA, first let me clarify that there are only two major components in the pay slip. One is Basic and the another one is DA. So for avoiding confusion I am dealing with these two only. Now partly DA is also finalized. After merging of 60.15% of DA, only 331 slabs are remaining. At present, we are being paid 0.15% for each slab. And most probably, IBA will stick to 0.15% only after wage revision also.
3) Now with a new basic of 23686/- and 331 slabs are remaining and we have to get a hike of 15% over existing gross salary of 30421. New gross salary should be around 34980/- for a PO.
4) The following are the options:
5) Now talking about other benefits, they may introduce new allowances, education reimbursement benefits, etc.
6) Finally, check out your final expected basic pay in tenth bipartite:
Let me explain how.
First, let's check out the present salary of a PO in Bank.
Present Gross Salary of PO : Basic 14500 + DA 15921 Total Gross Salary= 30421
1) With regard to Basic, it is clearly mentioned in the minutes signed by IBA and UFBU. Basic + 60.15% DA and a load of 2%. Now our Basic is fixed i.e 14500/- will become Rs. 23686/- it will be rounded off, to 24000/-. You can check out the minutes of meeting below(held on 23rd Feb, 2015).
2) Now the question of DA, first let me clarify that there are only two major components in the pay slip. One is Basic and the another one is DA. So for avoiding confusion I am dealing with these two only. Now partly DA is also finalized. After merging of 60.15% of DA, only 331 slabs are remaining. At present, we are being paid 0.15% for each slab. And most probably, IBA will stick to 0.15% only after wage revision also.
3) Now with a new basic of 23686/- and 331 slabs are remaining and we have to get a hike of 15% over existing gross salary of 30421. New gross salary should be around 34980/- for a PO.
4) The following are the options:
| DA 331 slabs at 0.12
39.72%
| DA 331 slabs at 0.13
43.03%
| DA 331 slabs at 0.14
46.34%
| DA 331 slabs at 0.15
49.65%
| |
| 9408 | 10192 | 10976 | 11760 | |
| New Basic | 23686 | 23686 | 23686 | 23686 |
| New Gross Salary | 33094 | 33878 | 34662 | 35446 |
| Old Gross Salary | 30421 | 30421 | 30421 | 30421 |
| % Hike | 8.78% | 11.36% | 13.94% | 16.51% |
6) Finally, check out your final expected basic pay in tenth bipartite:
| BASIC | 60.15% | 2% | New Basic |
| 14500 | 8721.75 | 464.435 | 23686.185 |
| 15100 | 9082.65 | 483.653 | 24666.303 |
| 15700 | 9443.55 | 502.871 | 25646.421 |
| 16300 | 9804.45 | 522.089 | 26626.539 |
| 16900 | 10165.35 | 541.307 | 27606.657 |
| 17500 | 10526.25 | 560.525 | 28586.775 |
| 18100 | 10887.15 | 579.743 | 29566.893 |
| 18700 | 11248.05 | 598.961 | 30547.011 |
| 19400 | 11669.1 | 621.382 | 31690.482 |
| 20100 | 12090.15 | 643.803 | 32833.953 |
| 20900 | 12571.35 | 669.427 | 34140.777 |
| 21700 | 13052.55 | 695.051 | 35447.601 |
| 22500 | 13533.75 | 720.675 | 36754.425 |
| 23300 | 14014.95 | 746.299 | 38061.249 |
| 24100 | 14496.15 | 771.923 | 39368.073 |
| 24900 | 14977.35 | 797.547 | 40674.897 |
| 25700 | 15458.55 | 823.171 | 41981.721 |
| 26500 | 15939.75 | 848.795 | 43288.545 |
| 27300 | 16420.95 | 874.419 | 44595.369 |
| 28100 | 16902.15 | 900.043 | 45902.193 |
| 28900 | 17383.35 | 925.667 | 47209.017 |
| 29700 | 17864.55 | 951.291 | 48515.841 |
| 30600 | 18405.9 | 980.118 | 49986.018 |
| 31500 | 18947.25 | 1008.945 | 51456.195 |
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