The Ceylon Bank Employees’ Union alleges that collective agreements have not been signed for nearly a year to provide a pay rise and other benefits to bank employees.
Seven state banks are required to sign collective agreements every three years, usually in January, but so far no such agreement has been reached, said Ranjan Senanayake, secretary of the Ceylon Bank Employees’ Union.
The Secretary said that the increase in the salaries of the bank employees has been approved by the Boards of Directors of the respective banks and the necessary financial allocations have also been made.
He also said that the signing of collective agreements has been delayed due to the delay in the Ministry of Finance.
During the negotiations for a pay rise, it was agreed to give bank employees a salary increase of between 13% and 24%, Senanayake said.
