@aiboc_in Bank employees have been patient for too long, it's high time the Department of Financial Services approves the 5-day work week. #5DayWeekandFairPLI#AIBOC@PMOIndia
Dividing bank employees with a top-down, discriminatory PLI scheme flies in the face of bilateral agreements. Uniform incentives for all or bust—say NO to arbitrary hierarchy-based rewards that break workforce unity! #5DayWeekAndFairPLI
Over two years since the 12th Bipartite Settlement and still waiting? It’s time to stop stalling. We demand the immediate implementation of 5 day banking without further bureaucratic delays. Bank workforce deserves what was rightfully agreed upon! #5DayWeekAndFairPLI#FBOIOA
905 days since the 9th Joint Note.
997 days since the December 2023 understanding when 5 Day Banking Promise was agreed in written.
Digital payments are 99.7% of transaction volume. Cheques, 2.3% of value. RBI, LIC & GIC already work five days.And Bankers offered 40 extra minutes a weekday for it. Despite everything they failed to keep the promise. A signed commitment is not a suggestion but an obligation.
Read the revised PLI matrix carefully.
In EVERY scenario — even where the Bank scores above 80% and performed magnificently — the bottom bracket receives Rs 0.
Not a reduced award. Zero!
1 in 5 officers, every year, labelled as zero contributor.
Not an incentive, a backfired initiative. We demand #5DayWeekandFairPLI
An agreement must be honoured. A reward system must be fair.
#5DayWeekandFairPLI
The 5 Day Work Week for bank employees was agreed in the Bipartite Settlement of March 2024. Its implementation cannot remain pending indefinitely.
At the same time, a unilateral and discriminatory PLI framework that divides the workforce must give way to a fair, transparent and inclusive system for all employees.
Every achievement of our banks is the outcome of collective effort.
Recognition too must reflect that collective contribution.
We seek no privilege, only implementation of an agreed commitment, equality in reward and dignity at work.
@PMOIndia
India’s Bank employees seek two things rooted in fairness and dignity at work.
#5DayWeekandFairPLI
The demand for a 5 Day Work Week in banks is not new. It already stands agreed upon in the Bipartite Settlement of March 2024. What remains is its long-pending implementation.
At the same time, the unilateral and discriminatory PLI system must be abolished and replaced with a fair, transparent and inclusive framework for all employees, recognising the collective effort behind every institution’s performance.
Hardworking bank employees are not asking for privilege. They are asking for implementation of an agreement and equality in reward.
A motivated banking workforce strengthens Indian banking and the nation.
@PMOIndia