Bank Collective Agreement Malaysia

(ii) The parties meet as soon as possible and, as a general rule, no later than seven (7) days after receiving the oral or written request of both parties and on as many occasions as possible. They hold co-signed minutes immediately after each meeting. The minutes provide as concise a picture as possible of the facts or circumstances of the dispute, the views of each party, and the areas or points of agreement or disagreement. Within 21 days of the signing of this collective agreement, the Union sends the Bank a list of names of its IRC members. The union notifies the Bank within 21 days when the list of IRC members is updated and amended. The Bank may appoint temporary agents in unusual circumstances, for example. B in the event of an increase in the volume of work, illness, maternity, leave of absence without pay or restructuring. This job can be estimated at a maximum of 12 months with an extension of up to 6 months. The Union is informed of such an extension. If no agreement to the contrary has been reached between the Bank and the Union, a temporary agent is considered to be confirmed after the completion of 18 months of continuous service. Any amendment to this agreement between the parties is jointly filed by the parties with the Clerk of the Industrial Court within thirty (30) days from the date the agreement was reached: Provided that the amendment agreement takes effect only after it has been taken into account by the Industrial Court. Any amendable agreement that the Court has been aware of is binding on the parties from the date of the insurrection and the period that may be indicated, but this period does not begin until this agreement comes into force.

Each party may give the other party a written period of six (6) months, as well as proposals to negotiate a new agreement, but this notification will not be made until July 1, 2020. Negotiations begin no later than 30 days after receiving this notice and proposals. Nearly 20,000 bank employees will benefit from this adjustment, which dates back to January 1 last year. MCBA represents member banks in collective bargaining with two national unions, namely ABOM and NUBE in terms of collective agreements, for so long that approximately 21,000 employees are employed in the banking sector in the Malaysian Peninsula. Demand will reach the bank no later than 5 business days from the start of the course or conference Since many member banks also have branches in Sabah and Sarawak, MCBA works closely with the Sabah Commercial Banks` Association and the Sarawak Commercial Banks` Association for Collective Bargaining. This cooperation aims to ensure consistency and consistency of employment conditions for both non-executives and executives represented by the respective trade unions in Malaysia, Sabah and Sarawak.