3rd September 2006 - Circular No. 3/2006
For Internal Circulation among members
Dear Sisters & Brothers,
ARREARS ON MEAL ALLOWANCE AND MILEAGE CLAIM
Due to the changes in the Collective Agreement
arrears on the above was not paid and this was raised
to the management. The following, were the dates
paid for the respective arrears by HR. Meal allowance
was paid on 31/7/06, where else mileage claims were
paid on 22/09/06. If members are still not paid till to
date, please refer the matter to HR.
CAR INSURANCE REBATE.
As you are all aware that car insurance policy taken
via Commerce Life, staff are entitled for rebate. This
rebate was supposed to be refunded by the bank to
staff. This was not done so since the incentive was
introduced and as such the Union had raised this
matter with HR, and they had rightfully credited back
to the respective staff account on 26/09/06. Again we
would like to remind members to refer this matter to
HR, if you have not been reimbursed.
GREAT EASTERN INSURANCE SCHEME
We have successfully launched this scheme to almost
576 applicants. The first deduction was done on
26/09/06. Those of you who had taken up this great
offer, you will be receiving your certificate together
with an option to upgrade the policy coverage up to
RM 250,000 (RM250 monthly). Do not miss this
opportunity to enhance your policy as well as for your
family. Those of you who had missed the boat, we will
be re-launching it soon.
INCREASE IN STAFF HOUSING LOAN INTEREST RATE
TO 4%.
Management had solely decided to increase staff
housing loan interest, from 3% to 4% for new
application and effective 1/1/2007 for existing
housing loan holders. We have objected to this as
this increase will be a burden on the staff cost and
we will continue to pursue this matter until we
achieve our goal. We have yet to see any circular
pertaining to this change.
PMS SHIFTING OF SCORE
The management had also informed us without
mutual consent, increased the rating standards of
the PMS score, not only that, they will be doing it on
the second half of the this year, with the total score
being matched with the new scoring system. We
have protested to this changes as raising the bar
means reducing to staff ability to reach their target.
It looks like the management is introducing High
Performance Culture in a shrewd way. We wish to
publish the new score sheet below:
Rating
E
D
C
B
A
1.001.602.603.604.60current
1.59
2.59
3.59
4.59
5.00
1.002.003.004.004.70new
1.99
2.99
3.99
4.69
5.00
Notice the drastic change in the scoring, especially
average rating standards.
INTERNAL TRAINING FOR EXCO & AREA COMMITTEE
MEMBERS.
In order to equip officials of the Union with current
affairs both locally and globally the Union recently
organized “Decent work & Globalization effect on
workers” training, in Penang. It was a fruitful
training, which was conducted by one of the
leading trainers from MTUC, Mr. Sivananthan. We
also urge members to have a basic understanding
on the above topic. We are already seeing
changes in the banking industry by way of mergers,
reduction in benefits and outsourcing. We will see a
full impact of globalization when the financial
institution gears up for liberalization in 2007.
UNITED WE STAND
UNION EXECUTIVE CIMB BANK
Address : 20th Floor, Menara CIMB, 6, Jalan Tun Perak, 50050 Kuala Lumpur
Tel : 03-2693 1722 Ext. 6373
OSHA – Occupation, Safety & Health Act.
The Bank has set up an OSHA committee in
compliance with OSHA act. Our EXCO, has gone
through numerous training on OSHA conducted
mainly by MTUC. OSH is something all members must
observe in order for us to have a conducive working
environment which will also relate to work
performance. The union is quite serious in ensuring OSH
is complied with not only by the management but
also all members of the union. Take this culture in your
day-to-day working life and it would lead to a better
working environment.
WORKSHOP ON GLOBALIZATION AND IMPACT ON
BANK STAFF
This workshop was organized by Federation of Bank
and Financial Institutions Employee (FEDFIE), whom we
are affiliated to. It was held on 12th to 13th June 2006.
We had the re known Charles Santiago with us during
the workshop. The workshop dealt with all kind of
issues, which might affect the banking industry as a
whole. Areas of concern were:
• Threat to unions
• Job security
• Loss of benefits - i.e. medical
• Social stress on workers
• Outsourcing and mergers
• Flexi wage / flexi hours
• Working from home
Workshop also came up with recommendations,
which were forwarded to FEDFIE for consideration.
We also discussed on Decent Wage, which was
adopted by ILO (International Labour Organization).
Some of the decent work compliance are:
EXERCISE YOUR RIGHTS MEAL ALLOWANCE.
Many of you take for granted that if you are to
work extra hours due to overload of work, you do
not claim your meal allowance. The reason given is
that you are doing it on your own accord. Mind
you that you are actually depriving others who are
rightfully trying to claim. Superiors will quote you as
an example for those who are not claiming, in
discouraging other to claim. It is meaningless to
include meal allowance in our CA, when members
are not exercising this clause. The Union recently
received a letter from an unknown source,
indicating certain of our members coming to work
on holidays but not putting up any meal allowance
claim. We request members to put a stop to this
practice and claim your meal allowance as
stipulated in the CA.
WEBSITE - NEXT FORWARD PROJECT
We are in the process of designing a website of our
own. We believe that by having our own website
we will be able to disseminate information more
quickly and freely. Members will be able to know
more on union activities plus you will be able to
provide feedbacks more openly without any
reservations. We have tentatively set Jan 2007 as
our launching date. Tentatively we have set
http:/www.unioncimb.org.my as our domain.
To all our Hindu & Muslim members, the EXCO of
BCBESU wish you all
Happy Deepavali & Selamat Hari Raya
• Comply with global standards
(ETI – Ethical, Training, Initiative).
• No discrimination
• Fair wage
• Dignity i.e. protection of rights
• Share fruits of progress with all
UNITED WE STAND
UNION EXECUTIVE CIMB BANK
Address : 20th Floor, Menara CIMB, 6, Jalan Tun Perak, 50050 Kuala Lumpur
Tel : 03-2693 1722 Ext. 6373