Showing posts with label Arrears Calculation for Bankers. Show all posts
Showing posts with label Arrears Calculation for Bankers. Show all posts

Friday, July 24, 2020

Arrears Calculation Chart for Bankers after 11th Bipartite Wage Revision July 2020

Following are the Calculation of Arrears for the Public Sector Bank Employees who wage revision was mutually agreed between IBA and Unions.

Kindly note that amount equivalent to One Gross Salary has already been credited to the Bankers on Ad-Hoc basis hence that needs to be reduced for arriving at the final arrears , as we have in the table given the total arrears payable.

Present Basic Salary

Appx. Minimum Arrears till October 2020 ( on assumption of the total 15% rise 10% will be given to PaySlip Component
23700

89320
24680

93010
25660

96710
26640

100400
27620

104100
28600

107790
29580

111480
30560

115180
31705

119490
32850

123810
34160

128740
35470

133680
36780

138620
38090

143560
39400

148490
40710

153430
42020

158370
43330

163300
44640

168240
45950

173180
47260

178120
48570

183050
50030

188560
51490

194060