State Bank of India faces strike action
9 October 2008
Unite members in the State Bank of India have voted for strike
action over pay and terms and conditions.
After months of negotiations and failed conciliation talks with
ACAS, 82% of the members who took part in the industrial action
ballot voted for industrial action.
Unite now plans to hold three one day strikes in State Bank of
India branches in London, with the first strike taking place on
Friday, 24th October 2008.
Unite Regional Officer, Colenzo Jarrett-Thorpe, said: "State
Bank of India employees in the UK are fed up with the broken
promises and pay restraint. They want immediate action to address
the unfair and under paying within the bank. Unite will continue to
support our members and ask the bank to take the concerns of its
employees seriously."
"We have asked the State Bank of India for more talks so we can
endeavour to come to an acceptable resolution to avoid industrial
action. We are also willing to see if we can involve ACAS."
Unite have asked for more talks with the Bank which will take
place tomorrow (Friday, 10th October 2008.)
State Bank of India have offered 3.9% pay increase for its
employees, which does not address issues which has seen the pay of
dozens of members being held back in an unfair and un-transparent
pay system.
The Bank has quadrupled its profit in their UK division since
2006. This performance has not been reflected in remuneration of
employees who have had to endure many years of broken promises from
the Mumbai based bank.
- Ends -
For more information please contact:
Saba Mozakka, Unite press officer on: 07768 693 953 or 020 7420
8916
Colenzo Jarrett-Thorpe, Unite Regional Officer on 07771 656 692
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- Notes to Editors -
- Unite has members in a number of International Banks based in
the UK
- Unite is recognised for collective bargaining in the following
Indian banks: State Bank of India, Bank of India, Canara Bank
