Tenth Bipartite how much we will get this time. This is what we got last time.

 BREAKING NEWS:  Outcome of today’s meet (19/01/2015 )…..   IBA improved their offer from 12.50% to 12.75% …… UFBU deferes proposed 4 day strike keeping in view IBA’simproved offer and also scaled down our demand from 19.5%.   Detailed discussions held on D&A regulations, Regulated working hours and 5 days week with sub committee.  Just an update not final one.    K K NAIR

Negotiations between  UFBU and IBA have reached the final stages.  How much we will get this time?      I just tried to analyse the 9th bipartite settlement details.   As everybody knows IBA has agreed for 17.5% of total establishment cost.  Out of which as per our UFBU leaders only 10.9% went towards payslip components.  I Just tried to give you three charts of 9th bipartite

  1. How much we got on the day of signing the settlement.
  2. Howe much we got on the due date of the settlement.
  3. What’s the  load after the merger of DA into BASIC.

Actually this is what we got in 9th bipartite as on the date of signing the settlement

Old Gross New Gross Diff % Hike
17218 20242 3024 17.56
18027.25 21079.6 3052.35 16.93
18836.49 21917.2 3080.71 16.36
19645.74 22754.8 3109.06 15.83
20454.98 23592.4 3137.42 15.34
21264.23 24430 3165.77 14.89
22073.48 25267.6 3194.12 14.47
22934.38 26105.2 3170.82 13.83
23795.28 27082.4 3287.12 13.81
24656.18 28059.6 3403.42 13.80
25620.38 29176.4 3556.02 13.88
26584.59 30293.2 3708.61 13.95

Average hike for scale 1 to 3 was at  14.65%

Don’t know how 10.9% has become 14.65%.  I had excluded HRA, CCA and other pay slip components for simplicity otherwise the hike could be more than 15.5%.

Ninth Bipartite % hike for scale 1 to 7  as on date of signing the settlement  click HERE

This is what we got last time – Signing

Recently one more argument was put forth the main reason for delay in bipartite is to show higher % as on date of signing.  I have calculated the same for 9th bipartite.

This is what we got in 9th bipartite  on the due date of  the settlement

Old Gross New Gross Diff % Hike
12952 15087.25 2135.25 16.49
13560.744 15711.55 2150.806 15.86
14169.488 16335.85 2166.362 15.29
14778.232 16960.15 2181.918 14.76
15386.976 17584.45 2197.474 14.28
15995.72 18208.75 2213.03 13.84
16604.464 18833.05 2228.586 13.42
17252.064 19457.35 2205.286 12.78
17899.664 20185.7 2286.036 12.77
18547.264 20914.05 2366.786 12.76
19272.576 21746.45 2473.874 12.84
19997.888 22578.85 2580.962 12.91
20723.2 23411.25 2688.05 12.97

Average hike for scale 1 to 3 was at  13.63%.  No much variation.

Ninth Bipartite % hike for scale 1 to 7  as on due date of  settlement

 Click Here     This is what we got last time – Due Date

What’s the  load after the merger of DA into BASIC.

Old Basic DA MERGER NEW BASIC
Scale I,2,3 24.66%   % Load after merger
10000 12466 14500 16.32
10470 13051.902 15100 15.69
10940 13637.804 15700 15.12
11410 14223.706 16300 14.60
11880 14809.608 16900 14.12
12350 15395.51 17500 13.67
12820 15981.412 18100 13.26
13320 16604.712 18700 12.62
13820 17228.012 19400 12.61
14320 17851.312 20100 12.60
14880 18549.408 20900 12.67
15440 19247.504 21700 12.74
16000 19945.6 22500 12.81

For full details

Click Here  This is what we got last time – % of Load

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