The government has just given civil servants a substantial increase in salary which in a way helps government servants to deal with the rising cost of living. Before even getting the first payment, prices of essentials have risen. Now that 2 months have already passed more and more essential items are being indiscriminately sold at higher prices rendering impotent, the government's ability to control prices. This is not to say that they were able to do so in the past.
One thing that is interesting here but has not been highlighted by the local press for obvious reasons, is the struggle of the banking sector workers, to be more precise, the struggle of the clerical workers. Their last CA has lapsed quite a while already and they are negotiating a new CA. Their CAs in the past has all the while included a 2 months bonus payment a year. This time around, NUBE, their union is asking for a 30 percent increase in salary. After a long battle the Bank Employers haver agreed to the request of the clerical workers but with a catch. The clause on the 2 months bonus payment will be dropped meaning no guaranteed 2 months bonus for them.
Two extra months in a year makes 1/6 of their annual income or 16 to 17 percent of their annual income. So they will scream and shout to the world that they are giving a 30% increase but keep quiet about the fact that they are taking back 16 to 17 percent. The real gain would actually be 13 to 14 percent not 30. NUBE of course refused and that is why if you go to a bank counter you will see the tellers and all clerical workers spotting protest badges.
From information gathered, it is the refusal of a certain brother of a certain very highly minister who is the culprit responsible for this trickery. These people are already bloody filthy rich. Banks are not actually making loses, in fact, their profits are sinfully high. Why is it that they still want to make life for their workers difficult? How much is an extra 2 months bonus compared to the hundreds of millions or billions of ringgit of profit that they are making?
Why is it that no local daily is giving prominence to this state of affair in the banking industry? Is it because they are afraid to piss off the brother of a certain highly placed minister? Is the brother of that minister more important than the thousands of bank clerks in this country?
Since we are on the subject of pay increase and bonus, lets have a look at the public sector again. Some idiotic ministers were saying that government servants had already got a hefty increase which if added up could amount to 2 to 4 months salary. While not denying that fact, I would also like them to make some corrections. A government servant who got a 15 percent increase actually only got about 8 percent. Why? Last year, and years before, that same government servant got 1 month bonus but this year he/she gets no bonus. 1 month's salary adds up to about 7 to 8 percent of annual salary.
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