Is demand for 19% wage hike by PSU bank unions justified?

Written By Unknown on Minggu, 25 Januari 2015 | 23.25

Last week, Public Sector Undertaking (PSU) bank employee unions threatened to go on a five-day strike demanding a 19 percent hike in compensation, instead of the 12.5 percent hike proposed by the Indian Banks Association.

Last week, Public Sector Undertaking (PSU) bank employee unions threatened to go on a five-day strike demanding a 19 percent hike in compensation, instead of the 12.5 percent hike proposed by the Indian Banks Association. CNBC-TV18's Ritu Singh compares the productivity, salaries and output per employee across private and public sector banks to see whether these demands are warranted.


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