Wage Revision Arrears Calculator – 10th Bipartite settlement for bank employees. The Settlement for long pending salary dispute for Nationalized Government Bank employees are finally completed. The Pay scale and other related structure are approved by IBA.
The Salary along with various components of Salary slips are increased. Now Bank employees will be paid the arrears of their salary from 01-11-2012. The calculation part is little difficult as the data are to be calculated since Nov 2012.
We have created an easy calculator in Excel for calculating the Wage Revision Salary along with arrears as per 10th Bipartite. This will be very helpful in calculating the Arrears salary easily.