Wednesday, April 18, 2012

5-day week for PSU bank staff ?

India's public sector banks are examining a proposal to a migrate to "five-day a week" work schedule, a move that will likely cheer thousands of employees as state-owned banks hammer out strategies to match private peers' human resource practices. The move, however, may come bundled with conditions attached with postings in remote areas amid mounting government pressure to widen "financial inclusion" in areas that still remain outside the banking net.

"There is a proposal to move to a five day work schedule," a senior executive at a Mumbai based government bank told Hindustan Times. "It would take some time for us to work out a strategy by which we can ensure that core operations do not come to a halt," he said.
A government official, who did not wish to be identified, said improving human resource practices in sync with private banks were necessary to keep the flock motivated, as there is a large gap in salaries and perks.
"While they want to gain a more professional image, they want to be in sync with their private sector peers especially as there is a mismatch in the remunerations," the official said.
A report on HR practices of public sector banks prepared by a committee headed by Anil Khandelwal, former Bank of Baroda chairman said that there was an acute crunch of talent in state owned banks and there was reluctance in joining a government bank as they failed to provide concrete career growth prospects.
At present, there are about 800,000 employees in public sector banks.


3 comments:

Anonymous said...

nobody ready to buy this story !!!!!!!!!!!!!!!!!

Anonymous said...

the way,soon bankers may be asked to put full day job on saturday also instead of dreaming 5 day week.

Zoya Begam said...

Bank Recruitment Jobs 2013 available here. Currently Axis Bank Recruitment 2013, Clerk, PO, IT Speicialist Officer vacancy availble. if u want to know more details visit monster india. We offers sample papers for different bank jobs vacancy.

Search the web

Custom Search

Contact Us

Viewers may share any information with the administrator in this email microsarme69430@yahoo.com.
Any news, if approved, may be published in this blog under his /her name.

.................RECENT HEADLINES

Related Posts with Thumbnails

Blog Archive

Do You Know These?:

Bookmark This Page

Bookmark and Share
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "microsarme69430@yahoo.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.