[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:en-pk\u002Fwork-in-pakistan\u002Fcollective-bargaining-agreement\u002Fmemorandum-of-settlement-between-habib-bank-limited-and-habib-bank-workers-front-of-pakistan---2009":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":8,"meta_description":9,"seo_title":10,"path":11,"content_type":12,"locale":13,"go_live_at":7,"first_published_at":14,"page_created_at":15,"published_at":14,"edit_url":16,"breadcrumbs":17,"seo":25,"data":33,"children":86,"content_type_view":87,"extra_breadcrumbs":88,"body":90,"body_blocks":101,"related_pages":105},1005,"collective-bargaining-agreement","Collective Bargaining Agreement",null,"","Explore Pakistan CBAs and MOUs: pay scales, hours, leave, benefits, and dispute settlements. Browse by sector and company.","Pakistan Collective Agreements Database | CBA Library","\u002Fen-pk\u002Fwork-in-pakistan\u002Fcollective-bargaining-agreement","collective_agreements.collectiveagreementoverview","en_PK","2025-07-28T14:54:55.998361+00:00","2026-04-02T10:09:28.335325+00:00","\u002Fcms\u002Fpages\u002F1005\u002Fedit\u002F",[18,21,24],{"title":19,"slug":20},"Pakistan","en-pk",{"title":22,"slug":23},"Work in Pakistan","work-in-pakistan",{"title":6,"slug":5},{"title":10,"description":9,"image":26,"canonical":27,"robots":28,"og_type":29,"twitter_card":30,"locale":20,"created_at":31,"last_modified_at":32},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fen-pk\u002Fwork-in-pakistan\u002Fcollective-bargaining-agreement\u002F","index, follow","website","summary_large_image","2025-07-28T16:54:55.998361+02:00","2026-04-02T12:09:28.477811+02:00",{"cba":34,"clauses":45,"details":84,"translations":85},{"id":35,"uid":36,"url":37,"name":38,"locale":13,"override_title":8,"title":39,"browser_title":40,"browser_description":41,"text":42},"memorandum-of-settlement-between-habib-bank-limited-and-habib-bank-workers-front-of-pakistan---2009","52249932-06a0-11e8-8da7-f23c91080f70","https:\u002F\u002Fcobra.wageindicator.org\u002Fcountries\u002Fpakistan\u002Fmemorandum-of-settlement-between-habib-bank-limited-and-habib-bank-workers-front-of-pakistan---2009\u002Fmemorandum-of-settlement-between-habib-bank-limited-and-habib-bank-workers-front-of-pakistan---2009\u002F","Memorandum of Settlement between Habib Bank Limited and Habib Bank Workers Front of Pakistan - 2009","PAK Habib Bank Limited - 2009","Pakistan - PAK Habib Bank Limited - 2009","PAK Habib Bank Limited - 2009 - Financial services, banking, insurance",{"name":43,"data":44},"123 Habib Bank Ltd.html","\n              \n              \n              \u003C!--?xml version=\"1.0\" encoding=\"UTF-8\"?-->\n\n\n\n  \u003Cmeta http-equiv=\"content-type\" content=\"text\u002Fhtml; charset=UTF-8\">\n  \u003Ctitle>New4\u003C\u002Ftitle>\n  \u003Cmeta name=\"generator\" content=\"Amaya, see http:\u002F\u002Fwww.w3.org\u002FAmaya\u002F\">\n\n\n\n\u003Ch1>MEMORANDUM OF SETTLEMENT BETWEEN HABIB BANK LIMITED AND HABIB BANK WORKERS\nFRONT OF PAKISTAN - 2009\u003C\u002Fh1>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>WHEREAS under the Industrial Relations Act 2008, the Habib Bank Workers\nFront of Pakistan has been certified as CBAs in respect of employees employed\nin various Branches and Officers of Habib Bank Limited.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>AND WHEREAS the Hon’ble National Industrial Relations Commission has\ndetermined that all Branches & Officers of Habib Bank Limited in Pakistan\nconstitute one CBU and Habib Workers Front of Pakistan has been certified for\nthe CBU;\u003C\u002Fp>\n\n\u003Cp>AND WHEREAS definition of establishment has been materially changed with the\npromulgation of the Industrial Relations Act 2008. Under the amended\ndefinition, all Branches and Offices constitute one establishment;\u003C\u002Fp>\n\n\u003Cp>NAME OF PARTIES\u003C\u002Fp>\n\n\u003Cp>1- Habib Bank Limited having its principal office at Habib Bank Plaza, 1.1.\nChundrigar Road, Karachi.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>2- Habib Bank Workers Front of Pakistan, a Trade Union of workmen employed\nin Habib Bank Limited.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>SHORT RECITAL OF THE CASE.\u003C\u002Fp>\n\n\u003Cp>WHEREAS a memorandum of settlement was signed between the parties on 29th\nApril 2007, which settlement endured till 31st December 2008.\u003C\u002Fp>\n\n\u003Cp>AND WHEREAS the terms and conditions of employment were discussed in detail\namongst the parties and settlement has now been reached on all the demands \u002F\nclaims whether raised through Charter of Demands or otherwise raised up till\nsigning of this settlement.\u003C\u002Fp>\n\n\u003Cp>AND WHEREAS this agreement with effect from 01- 01 – 2009, has modified\nand varied various decisions of Wage Commission for the employees and shall be\napplicable notwithstanding anything in consistent with any of the decisions of\nthe Wage Commission. In fact this settlement \u002F agreement replaces various\ndecisions of the Wage Commission and settlement dated 29.04.2007. which shall\nbe no longer binding on the employer as well as on the Workmen on signing of\nthis settlement.\u003C\u002Fp>\n\n\u003Cp>THIS SETTLEMENT, therefore, witnessed as under:-\u003C\u002Fp>\n\n\u003Ch2>1- INCREASE IN BASIC PAY\u003C\u002Fh2>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-STRUCINCR_trigger\">\u003Cp>It has been decided to allow increase in basic pay as under:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>i) @ 13% of Basic Pay as on 31. 12.2008 to each eligible Clerical Staff\nw.e.f. 01.01.2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>ii) @ 13% of Basic Pay as on 31.12.2009 to each eligible Clerical Staff\nw.e.f. 01.01.2010\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>All related allowances, which are indexed on the Basic Pay will also be\nincreased accordingly from the date of increase in Basic Pay allowed.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Ch2>2- APPRAISAL INCREASE\u003C\u002Fh2>\n\n\u003Cp>It has been decided that the Appraisal Increase for the years 2009 &\n2010 will be allowed on the Basic Pay as on 31.12.2008 and 31.12.2009\nrespectively as under:-\u003C\u002Fp>\n\n\u003Cp>a) Excellent ( “ A” ) -- 3%\u003C\u002Fp>\n\n\u003Cp>b) Very Good ( “B” ) -- 2%\u003C\u002Fp>\n\n\u003Cp>c) Good ( “ C” ) -- 1%\u003C\u002Fp>\n\n\u003Cp>d) Unsatisfactory (“ D” ) -- Nil\u003C\u002Fp>\n\n\u003Cp>A Separate circular along with statement showing increase in Basic Pay of\nindividual Clerical Staff will be issued accordingly.\u003C\u002Fp>\n\n\u003Ch2>3- SPECIAL ALLOWANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight focus\" id=\"clause-ONCERISE_trigger\">\u003Cp>An amount equivalent to 7% of Basic Pay as on 31 – 12 – 2008 will be\nallowed to all Clerical Staff for 02 years effective from 01. 01. 2009. This\nallowance is being given in consideration of special assignments.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>4- TERMS OF SETTLEMENT \u003C\u002Fh2>\n\n\u003Cp>DATED 19TH DECEMBER 1998, 14TH APRIL 2001, 2ND AUGUST 2002, 10TH May 2004\n& 29th April 2007.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Terms of Settlement dated 19th December 1998, 14th April 2001, 2nd August\n2002, 10th May 2004 and 29th April 2007, in respect of the following items\nshall continue in operation without any change:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>i) Scales of Pay\u003C\u002Fp>\n\n\u003Cp>ii) Utility Allowance\u003C\u002Fp>\n\n\u003Cp>iii) Medical Allowance\u003C\u002Fp>\n\n\u003Cp>iv) House Rent Allowance\u003C\u002Fp>\n\n\u003Cp>v) Bonus\u003C\u002Fp>\n\n\u003Cp>vi) Medical Facilities\u003C\u002Fp>\n\n\u003Cp>vii) Extra Payment for Extra Work ( Overtime)\u003C\u002Fp>\n\n\u003Cp>viii) Leave Entitlement\u003C\u002Fp>\n\n\u003Cp>ix) Service Awards\u003C\u002Fp>\n\n\u003Cp>x) Marriage Grant from Benevolent Fund.\u003C\u002Fp>\n\n\u003Cp>xi) Ceiling for Finances (DSR)\u003C\u002Fp>\n\n\u003Cp>xii) Scholarships.\u003C\u002Fp>\n\n\u003Cp>xiii) Compensation to staff members\u003C\u002Fp>\n\n\u003Cp>xiv) Marriage Grant\u003C\u002Fp>\n\n\u003Cp>xv) Unattractive Area Allowance\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>5- EDUCATION ALLOWANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-educationtuition\">\u003Cp>The Education Allowance will be enhanced with effect from 01.01.2009 as\nunder:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Upto Matriculation: From Rs. 500\u002F- to Rs. 650 per month per child.\u003C\u002Fp>\n\n\u003Cp>For College Education: From Rs. 600\u002F- to Rs. 750\u002F- per month per child.\u003C\u002Fp>\n\n\u003Cp>For Professional \u002F Technical EducatioN: From Rs. 1100\u002F- to Rs. 1250\u002F- per\nmonth per child.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The existing limit of Education Allowance of Rs. 2,000\u002F- per month to an\nemployee will be enhanced to Rs. 2.600\u002F- per month accordingly.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>6- CONVEYANCE ALLOWANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-COMMUTE_trigger\">\u003Cp>The existing Conveyance Allowance (Petrol Ceiling) has been increased from\nRs. 1820\u002F- per month to Rs. 2200\u002F- per month with effect from 01.01.2009\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>7- SEVERE WINTER ALLOWANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The present rate of Severe Winter Allowance will be increased from Rs.\n1,200\u002F- per month to Rs. 1,500\u002F- per month with effect from 01-01-2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>This allowance will continue to be paid from November to April to employees\nposted at the stations approved by the Management from time to time for payment\nof Severe Winter Allowance.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>8- HILL ALLOWANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The present rate of Hill Allowance will be increased from Rs. 800\u002F- to Rs.\n1,100\u002F- per month with effect from 01-01-2009. This allowance will continue to\nbe paid to the Clerical Staff posted in the Branches situated at Hill Stations\nat the height of 5500 feet and above.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>9- RISK ALLOWANCE FOR KEY HOLDER CASHIER\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The present rate of Risk Allowance for Key Holder Cashier will be increased\nfrom Rs. 500\u002F- per month to Rs. 600\u002F- per month with effect from 01-01-2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>10- MATERNITY CHARGES\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-healthcareaccess\">\u003Cp>Maternity Charges will be revised with effect from 01-01-2006 as under:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ctable border=\"1\" style=\"width: 100%\">\n  \u003Ccaption>\u003C\u002Fcaption>\n  \u003Ccolgroup>\u003Ccol>\n  \u003Ccol>\n  \u003Ccol>\n  \u003C\u002Fcolgroup>\u003Ctbody>\n    \u003Ctr>\n      \u003Ctd>\u003C\u002Ftd>\n      \u003Ctd>Existing\u003C\u002Ftd>\n      \u003Ctd>Revised\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>Delivery At Home \u003C\u002Ftd>\n      \u003Ctd>Rs. 6.500\u002F- per child.\u003C\u002Ftd>\n      \u003Ctd>Rs. 8,500\u002F- per child.\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>Delivery At Hospital\u003C\u002Ftd>\n      \u003Ctd>Rs. 10,000\u002F- per child. \u003C\u002Ftd>\n      \u003Ctd>Rs. 12.000\u002F- per child.\u003C\u002Ftd>\n    \u003C\u002Ftr>\n  \u003C\u002Ftbody>\n\u003C\u002Ftable>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>No receipt will be required for delivery at home. The payment in this\nrespect is to be allowed on the basis of Birth Certificate This facility will\ncontinue to be admissible upto three (3) children during service.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>11- FUNERAL EXPENSES\u003C\u002Fh2>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-funeralpay\">\u003Ctable border=\"1\" style=\"width: 100%\">\n  \u003Ccaption>\u003C\u002Fcaption>\n  \u003Ccolgroup>\u003Ccol>\n  \u003Ccol>\n  \u003Ccol>\n  \u003C\u002Fcolgroup>\u003Ctbody>\n    \u003Ctr>\n      \u003Ctd>\u003C\u002Ftd>\n      \u003Ctd>Existing\u003C\u002Ftd>\n      \u003Ctd>Revised\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>On Passing Graduation\u003C\u002Ftd>\n      \u003Ctd>Rs.25,000\u002F-\u003C\u002Ftd>\n      \u003Ctd>Rs. 30,000\u002F-\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>On Passing Post Graduation\u003C\u002Ftd>\n      \u003Ctd>Rs. 35,000\u002F-\u003C\u002Ftd>\n      \u003Ctd>Rs. 50,000\u002F-\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>On Passing PHD\u003C\u002Ftd>\n      \u003Ctd>Nil\u003C\u002Ftd>\n      \u003Ctd>Rs. 100,000\u002F-\u003C\u002Ftd>\n    \u003C\u002Ftr>\n  \u003C\u002Ftbody>\n\u003C\u002Ftable>\n\n\u003Cp>The present limit of funeral expenses will be enhanced from Rs. 15,000\u002F- to\nRs. 20,000\u002F- w.e.f. 01.01.2009.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>12- TRAVELING ALLOWANCE\u003C\u002Fh2>\n\n\u003Ch2>\u003C\u002Fh2>\n\n\u003Cp>The present rate of Daily Allowance will be increased from Rs. 400\u002F- to Rs.\n500\u002F- for Clerical Staff w.e.f. 01.01.2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>13- REWARD FOR HIFZ-E-QURAN\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The amount of existing reward for Hifz-e-Quran has been enhanced from Rs.\n40.000\u002F- to Rs. 50.000\u002F- with effect from 01.01.2009. permissible to the sons\n\u002F& daughters of employees on acquiring the Sanad of Hifz-e-Quran from\nrecognized Institutions.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>14- INCENTIVES FOR PASSING EDUCATIONAL EXAMINATIONS\u003C\u002Fh2>\n\n\u003Ch2>\u003C\u002Fh2>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-trainingprogrammes\">\u003Cdiv class=\"cbaClause highlight\" id=\"clause-trainingfund\">\u003Cp>The existing cash awards have been enhanced w.e.f. 01.01.2009, as under:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The cash awards on passing Professional Examinations will remain\nunchanged.\u003C\u002Fp>\u003C\u002Fdiv>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>15- GROUP INSURANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-healthinsurance\">\u003Cp>The existing limit of Group Insurance (Life) has been enhanced from Rs\n500,000\u002F- to Rs. 750,000\u002F- to Rs. 250,000\u002F- with effect from 01.04.2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Further, in case of accidental death the additional existing limit has been\nenhanced from Rs. 50,000\u002F- to Rs. 250,000\u002F- with effect from 01.04.2009.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>16- BENEVOLENT FUND GRANT\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cdiv class=\"cbaClause highlight\" id=\"clause-pensionfund\">\u003Cp>The Benevolent Fund Grant has been enhanced from Rs. 2000\u002F- to Rs. 2500\u002F-\nper month for those Clerical Staff retiring on or after 01.01.2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Further, the monthly contribution for Clerical Staff has been enhanced from\nRs. 100\u002F- to Rs. 160\u002F- per month effective from 01.01.2009. Bank will make\nmatching contribution as per policy.\u003C\u002Fp>\u003C\u002Fdiv>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>17- RETIREMENT BENEFITS\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Own & Bank’s Contribution towards Provident Fund under Old Retirement\nBenefits has been enhanced from 5% to 12% of the basic pay with effect from\n01.01.2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The other terms & Conditions of retirement benefits will remain\nunchanged.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>18- HOUSE FINANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The House Finance for Clerical Staff has been enhanced from Rs. 470,000\u002F- to\nRs. 650,000\u002F- with 0% mark-up with effect from 01.01.2009.\u003C\u002Fp>\n\n\u003Cp>Enhancement of Rs. 50,000\u002F- will be sanctioned to the Clerical Staff subject\nto the completion of required formalities.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The sanctioning authority while approving the enhancement will ensure that\nthe value of the property against which enhancement is being granted is\ndefinitely more than the total House building Finance. Further, the\ninstallments are to be revised to ensure the full recovery till retirement on\nsuperannuation age.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>19- CAR FINANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The Car Finance for Clerical Staff has been revised with effect from\n01.01.2009, as under:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ctable border=\"1\" style=\"width: 100%\">\n  \u003Ccaption>\u003C\u002Fcaption>\n  \u003Ccolgroup>\u003Ccol>\n  \u003Ccol>\n  \u003Ccol>\n  \u003Ccol>\n  \u003C\u002Fcolgroup>\u003Ctbody>\n    \u003Ctr>\n      \u003Ctd>Existing\u003C\u002Ftd>\n      \u003Ctd>Rate of Mark-up\u003C\u002Ftd>\n      \u003Ctd>Revised\u003C\u002Ftd>\n      \u003Ctd>Rate of Mark-up\u003C\u002Ftd>\n    \u003C\u002Ftr>\n    \u003Ctr>\n      \u003Ctd>Cost of New Suzuki\n\n        \u003Cp>Mehran Car CNG\u003C\u002Fp>\n\n        \u003Cp>Fitted (STD)\u003C\u002Fp>\n      \u003C\u002Ftd>\n      \u003Ctd>@ 4% p.a.\u003C\u002Ftd>\n      \u003Ctd>Cost of New Suzuki\n\n        \u003Cp>Mehran Car CNG\u003C\u002Fp>\n\n        \u003Cp>Fitted (AC)\u003C\u002Fp>\n      \u003C\u002Ftd>\n      \u003Ctd>@ 4% p.a.\u003C\u002Ftd>\n    \u003C\u002Ftr>\n  \u003C\u002Ftbody>\n\u003C\u002Ftable>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>20- 3-BASIC FINANCE\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The maximum limit has been enhanced from 3-Basix to 5-Basic Salaries\neffective from 01.01.2009 with mark-up @ 8 % per annum.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>21- ANOMALY COMMITTEE\u003C\u002Fh2>\n\n\u003Cp>It has been agreed to appoint an Anomaly Committee consisting of six (6)\nmembers, three (3) from union side & three (3) from management side to\nresolve any anomaly in future in implementation of this settlement.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>22- GENERAL\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>The second party agrees, accepts and concedes:-\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>a) That above benefits and increases have been given and agreed to by the\nBank keeping in view the rise in cost of living and as a relief due to rise in\ncost of living. Any benefits, increase or allowance allowed by the Federal or\nany Provincial Government under any law, rules or notification issued during\nthe period of operation of this settlement are hereby deemed to have been\ngranted in terms of the provision of this settlement and shall not therefore be\nseparately payable.\u003C\u002Fp>\n\n\u003Cp>b) That the Unions during the currency of this settlement shall not raise or\npursue, directly or indirectly any further or fresh demands whatsoever, having\nany financial or non-financial implication on the Bank.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>c) That it is the sole and exclusive right of the Management to manage\naffairs of the Bank and the Unions declares that are shall be interference by\nthe Unions or Workmen, in the Management of the affairs of the Bank. However,\nthe Union may help the workers in settlement of their grievances in accordance\nwith the Law.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>d) That the Unions and its constituent’s members shall fully cooperate\nwith the Management in maintaining industrial peace, in increasing productivity\nand in fostering discipline.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>e)This settlement shall apply only to Clerical Employees who are employed in\nclerical cadres. It is clarified that this settlement shall not be applicable\nto employees in Officers \u002F Executives Cadres.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Ch2>23- PERIOD OF OPERATION\u003C\u002Fh2>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>This settlement shall be binding and operative for a period of Two (02)\nyears commencing from 01 – 01 – 2009 and terminating on 31 – 12 – 2010\nand shall continue to operate even thereafter until expiry of two months from\nthe date either party gives notice to the other party in writing of its\nintention to be no longer bound by this agreement.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>All the industrial disputes between the Workmen, Unions and the Management\nof Habib Bank Limited have been through negotiations, amicably settled in terms\nof this memorandum of settlement signed today Monday the 31st August, 2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>Signed at Karachi on 31st August 2009.\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>*****\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\u003Cp>\u003C\u002Fp>\n\n\n\n            \n            \n            ",{"trainingfund":46,"pensionfund":50,"ONCERISE_trigger":54,"trainingprogrammes":58,"healthcareaccess":60,"healthinsurance":64,"COMMUTE_trigger":68,"STRUCINCR_trigger":72,"educationtuition":76,"funeralpay":80},{"bindId":47,"name":48,"text":49},"trainingfund","The existing cash awards have been enhan","The existing cash awards have been enhanced w.e.f. 01.01.2009, as under:-\n\n\n\nThe cash awards on passing Professional Examinations will remain\nunchanged.",{"bindId":51,"name":52,"text":53},"pensionfund","The Benevolent Fund Grant has been enhan","The Benevolent Fund Grant has been enhanced from Rs. 2000\u002F- to Rs. 2500\u002F-\nper month for those Clerical Staff retiring on or after 01.01.2009.\n\n\n\nFurther, the monthly contribution for Clerical Staff has been enhanced from\nRs. 100\u002F- to Rs. 160\u002F- per month effective from 01.01.2009. Bank will make\nmatching contribution as per policy.",{"bindId":55,"name":56,"text":57},"ONCERISE_trigger","An amount equivalent to 7% of Basic Pay ","An amount equivalent to 7% of Basic Pay as on 31 – 12 – 2008 will be\nallowed to all Clerical Staff for 02 years effective from 01. 01. 2009. This\nallowance is being given in consideration of special assignments.",{"bindId":59,"name":48,"text":49},"trainingprogrammes",{"bindId":61,"name":62,"text":63},"healthcareaccess","Maternity Charges will be revised with e","Maternity Charges will be revised with effect from 01-01-2006 as under:-\n\n\n\n\n  \n  \n  \n  \n  \n    \n      \n      Existing\n      Revised\n    \n    \n      Delivery At Home \n      Rs. 6.500\u002F- per child.\n      Rs. 8,500\u002F- per child.\n    \n    \n      Delivery At Hospital\n      Rs. 10,000\u002F- per child. \n      Rs. 12.000\u002F- per child.\n    \n  \n\n\n\n\nNo receipt will be required for delivery at home. The payment in this\nrespect is to be allowed on the basis of Birth Certificate This facility will\ncontinue to be admissible upto three (3) children during service.",{"bindId":65,"name":66,"text":67},"healthinsurance","The existing limit of Group Insurance (L","The existing limit of Group Insurance (Life) has been enhanced from Rs\n500,000\u002F- to Rs. 750,000\u002F- to Rs. 250,000\u002F- with effect from 01.04.2009.\n\n\n\nFurther, in case of accidental death the additional existing limit has been\nenhanced from Rs. 50,000\u002F- to Rs. 250,000\u002F- with effect from 01.04.2009.",{"bindId":69,"name":70,"text":71},"COMMUTE_trigger","The existing Conveyance Allowance (Petro","The existing Conveyance Allowance (Petrol Ceiling) has been increased from\nRs. 1820\u002F- per month to Rs. 2200\u002F- per month with effect from 01.01.2009",{"bindId":73,"name":74,"text":75},"STRUCINCR_trigger","It has been decided to allow increase in","It has been decided to allow increase in basic pay as under:-\n\n\n\ni) @ 13% of Basic Pay as on 31. 12.2008 to each eligible Clerical Staff\nw.e.f. 01.01.2009.\n\n\n\nii) @ 13% of Basic Pay as on 31.12.2009 to each eligible Clerical Staff\nw.e.f. 01.01.2010\n\n\n\nAll related allowances, which are indexed on the Basic Pay will also be\nincreased accordingly from the date of increase in Basic Pay allowed.",{"bindId":77,"name":78,"text":79},"educationtuition","The Education Allowance will be enhanced","The Education Allowance will be enhanced with effect from 01.01.2009 as\nunder:-\n\n\n\nUpto Matriculation: From Rs. 500\u002F- to Rs. 650 per month per child.\n\nFor College Education: From Rs. 600\u002F- to Rs. 750\u002F- per month per child.\n\nFor Professional \u002F Technical EducatioN: From Rs. 1100\u002F- to Rs. 1250\u002F- per\nmonth per child.\n\n\n\nThe existing limit of Education Allowance of Rs. 2,000\u002F- per month to an\nemployee will be enhanced to Rs. 2.600\u002F- per month accordingly.",{"bindId":81,"name":82,"text":83},"funeralpay"," Existing Revised On Passing Graduation ","\n  \n  \n  \n  \n  \n    \n      \n      Existing\n      Revised\n    \n    \n      On Passing Graduation\n      Rs.25,000\u002F-\n      Rs. 30,000\u002F-\n    \n    \n      On Passing Post Graduation\n      Rs. 35,000\u002F-\n      Rs. 50,000\u002F-\n    \n    \n      On Passing PHD\n      Nil\n      Rs. 100,000\u002F-\n    \n  \n\n\nThe present limit of funeral expenses will be enhanced from Rs. 15,000\u002F- to\nRs. 20,000\u002F- w.e.f. 01.01.2009.","\u003Chtml>\n\n    \u003Cdiv class=\"cobra-report\">\n\n        \u003Ch2>PAK Habib Bank Limited - 2009\u003C\u002Fh2>\n\n        \u003Cdiv class=\"section general\">\n\n            \n                \u003Cdiv id=\"display-start_date\">Start date: → 2009-01-01\u003C\u002Fdiv>\n            \n            \n\n            \n                \u003Cdiv id=\"display-end_date\">End date: → 2010-12-31\u003C\u002Fdiv>\n            \n            \n\n            \u003C!-- TODO: previous CBA logic -->\n            \u003C!-- TODO: status logic -->\n\n            \n                \u003Cdiv id=\"display-cbaratified\">Ratified by: → Other\u003C\u002Fdiv>\n                \n                \u003Cdiv id=\"display-cbaactorratified\">\n                    Ratified on: → 2009-08-31\n                \u003C\u002Fdiv>\n            \n\n            \u003C!-- TODO: transnational_label, includingcountries_label, national_framework_label -->\n\n            \u003Cdiv id=\"display-SECTOR1\">\n                Name industry: → Financial services, banking, insurance\n            \u003C\u002Fdiv>\n\n            \u003Cdiv id=\"display-NACE2004\">\n                Name industry: → Banking\n            \u003C\u002Fdiv>\n\n            \u003Cdiv id=\"display-FIRMPRI\">\n                Public\u002Fprivate sector: → In the private sector\n            \u003C\u002Fdiv>\n            \n            \u003Cdiv>Concluded by:\u003C\u002Fdiv>\n\n            \u003Cdiv id=\"display-CBA_MNCOMPA_1\">\n\n                \n                    \n                    \u003Cdiv>\n                        Name company: → \n                        Habib Bank Limited\n                    \u003C\u002Fdiv>\n                \n                \u003Cdiv id=\"display-CBA_MNCOMPA_1_txt\">\u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n\n            \n\n            \n\n            \u003Cdiv id=\"display-CBA_MEMTRAD4_1\">\n                Names trade unions: → \n\n                \n                    \n                    \u003Cspan>\n                        Habib Bank Workers Front of Pakistan\n                    \u003C\u002Fspan>\n                \n\n                \u003Cdiv id=\"display-CBA_MEMTRAD4_1_txt\">\u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n\n            \n\n            \n\n        \u003C\u002Fdiv>\n\n        \u003Cdiv class=\"section social-security-pensions\">\n            \u003Ch3 id=\"display-SOCSEC_trigger\">SOCIAL SECURITY AND PENSIONS\u003C\u002Fh3>\n            \u003Cdiv id=\"display-pensionfund\">Employer contributes to pension fund for employees: → Yes\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-disabilityfund\">Employer contributes to disability fund for employees: → No\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-unemploymentfund\">Employer contributes to unemployment fund for employees: → No\u003C\u002Fdiv>\n        \u003C\u002Fdiv>\n\n        \u003Cdiv class=\"section training\">\n            \u003Ch3 id=\"display-TRAINING_trigger\">TRAINING\u003C\u002Fh3>\n            \u003Cdiv id=\"display-trainingprogrammes\">Training programmes: → Yes\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-apprenticeships\">Apprenticeships: → No\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-trainingfund\">Employer contributes to training fund for employees: → Yes\u003C\u002Fdiv>\n        \u003C\u002Fdiv>\n\n        \n\n\n        \n\n        \u003Cdiv class=\"section work-family-arrangements\">\n            \u003Ch3 id=\"display-WORKFAM_trigger\">WORK AND FAMILY ARRANGEMENTS\u003C\u002Fh3>\n\n            \n\n            \n\n            \u003Cdiv id=\"display-jobsecuritymothers\">Job security after maternity leave: → \u003C\u002Fdiv>\n            \u003Cdiv id=\"display-maternitydiscrimination\">Prohibition of discrimination related to maternity: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-breastfeeding_dangerouswork\">Prohibition to oblige pregnant or breastfeeding workers to perform dangerous or unhealthy work: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-riskassessment\">Workplace risk assessment on the safety and health of pregnant or nursing women: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-alternatives\">Availability of alternatives to dangerous or unhealthy work for pregnant or breastfeeding workers: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-timeoff\">Time off for prenatal medical examinations: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-screeningnonstandard\">Prohibition of screening for pregnancy before regularising non-standard workers: → \u003C\u002Fdiv>\n              \u003Cdiv id=\"display-screeningpromotion\">Prohibition of screening for pregnancy before promotion: → \u003C\u002Fdiv> \n            \u003Cdiv id=\"display-nursingmothers\">Facilities for nursing mothers: → No\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-childcareprovision\">Employer-provided childcare facilities: → No\u003C\u002Fdiv>\n            \u003Cdiv id=\"display-childcaresubsidy\">Employer-subsidized childcare facilities: → No\u003C\u002Fdiv>\n   \u003Cdiv id=\"display-educationtuition\">Monetary tuition\u002Fsubsidy for children's education: → Yes\u003C\u002Fdiv>\n   \n            \n\n            \n                        \n\n        \u003C\u002Fdiv>\n        \n        \n         \n\n        \n        \n\n        \n\n        \u003Cdiv class=\"section wages\">\n            \u003Ch3 id=\"display-WAGES_trigger\">WAGES\u003C\u002Fh3>\n\n            \u003Cdiv id=\"display-PAYSCALES_trigger\">\n                Wages determined by means of pay scales: → No\n            \u003C\u002Fdiv>\n\n            \n\n\n            \n            \n\n            \n\n            \n\n            \u003Cdiv id=\"display-COSTLIV_trigger\">Adjustment for rising costs of living: → \u003C\u002Fdiv>\n\n            \u003Cdiv>\n                \u003Ch4 id=\"display-STRUCINCR_trigger\">Wage increase\u003C\u002Fh4>\n                \u003Cdiv id=\"display-wageincreaseperc1\">\n                    Wage increase: → 13.0 %\n                \u003C\u002Fdiv>\n                \n                \u003Cdiv id=\"display-wageincreasedate_date\">\n                    Wage increase starts: → 2008-12\n                \u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n\n            \u003Cdiv>\n                \u003Ch4 id=\"display-ONCERISE_trigger\">Once only extra payment\u003C\u002Fh4>\n                \n                \n                \u003Cdiv id=\"display-extrapayfirmperformance\">Once only extra payment due to company performance: → No\u003C\u002Fdiv>\n                \u003Cdiv id=\"display-incidentalbonusdate_date\">\n                    Once only extra payment takes place: → 2009-01\n                \u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n\n            \n\n            \n\n            \n\n\n            \n\n            \n\n            \n\n            \u003Cdiv>\n                \u003Ch4 id=\"display-COMMUTE_trigger\">Allowance for commuting work\u003C\u002Fh4>\n                \n                \u003Cdiv id=\"display-commutingallowanceamount1\">\n                    Allowance for commuting work: → PKR 2200.0 per month\n                \u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n\n            \n\n            \u003Ch4>Meal vouchers\u003C\u002Fh4>\n\n            \n\n            \u003Cdiv id=\"display-MEALALL_trigger\">Meal allowances provided: → No\u003C\u002Fdiv>\n            \n            \u003Cdiv id=\"display-legalassistance_trigger\">\n                Free legal assistance: → No\n            \u003C\u002Fdiv>\n        \u003C\u002Fdiv>\n\n    \u003C\u002Fdiv>\n\n\u003C\u002Fhtml>\n",[],[],"collective_agreement",[89],{"title":39,"slug":35},[91],{"type":92,"data":93},"call_to_action_body_block",{"title":94,"description":95,"variant":96,"link":97},"Compare Collective Agreements","Compare the articles of the Collective Agreements from Pakistan across sectors, topics and countries","dark",{"title":94,"url":98,"description":94,"rel":99,"type":100},"\u002Fen-pk\u002Fwork-in-pakistan\u002Fcollective-bargaining-agreement\u002Fcompare-collective-agreements","follow","internal",[102],{"type":92,"data":103},{"title":94,"description":95,"variant":96,"link":104},{"title":94,"url":98,"description":94,"rel":99,"type":100},[]]