Wage pact: bank unions for long-haul agitation | Business Line

Wage pact: bank unions for long-haul agitation | Business Line

My VIEW:

Perhaps time is running out for government and managements of organisations (here there is no differentiation between public and private sectors) to come to terms with the twenty-first century realities of HR management. Unfortunately, trade unions and employees' organisations are also going by the tactics that were relevant, may be two decades before. The bargain from both sides about wholesale wage revision and ridiculously low percentage rises in wage bill in a settlement that is going to last for 5 years signals total disregard to ground level realities.
M G WARRIER

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