Bank union against hiring retired staff--Business Line
KOCHI, APRIL 23:
Appointment of retired bank employees on contract basis is detrimental to the prospects of existing staff and denies job opportunities to unemployed youth, according to Syndicate Bank Staff Association (SBSA), an affiliate of the National Organisation of Bank Workers (NOBW) and Bharatheeya Mazdoor Sangh (BMS).
Describing the trend as “nothing but outsourcing,” K.S. Bhat, national secretary of SBSA, condemned the appointment of retired executives/employees as recovery adviser, recovery agents, investigating officers, inquiry officers etc on a large scale.
Inaugurating the regional meeting of SBSA and Syndicate Bank Officers Organisation (SBOO) here, Bhat alleged that contract appointments of ex-officials have led to “unethical practices, bordering on internal frauds in many cases and to influencing the proceeds of investigations.”
He said hundreds of retired people have been appointed as recovery agents. Branch managers, who are instrumental in sanctioning loans under their discretionary powers, on their retirement are entrusted with the recovery of the same loan.
He said the practice would lead to underhand dealings and the damage would outweigh the benefits.
There is acute shortage of employment opportunities
for unemployed youth in out country. There s no doubt in int .
Due to rise in unemployment in our country,
youth are resorting to anti-social and crime activities which may eventually
disturb social peace and harmony in near future.
In such situation it is very much
undesirable, unjustified, and improper that bank management appoint the retired
bank staff on contract basis just as private companies use to do in
our country.
I request Prime Minister of the country
to take appropriate steps to stop this newly cropped up unhealthy practice of
bank management. Rather I would like to suggest him to reduce retirement age
from 60 to 55 or 50 so that new vacancies are generated and unemployed youth
get additional scope for employment.
Those officers or staffs who have served
any organization for two or three decades, they may at least survive on
interest income or on pension or earn some money by doing business investing
their accumulated money which they could save during their service life. But those individuals
who have got no employment or who do not have enough capital to start any
business activity are unable to manage their family needs even after spending
lacs of rupees on getting education in costly higher study institutes.
It is worthwhile to
mention here that private banks are managing their banking activates by junior
staff very well and this is why average age in private banks is less than 30
whereas that in public sector banks it is more than 45.
Bank management
falsely cry for senior and experienced employees. They are ready to promote
officers to executive cadre even if he or she has serving experience of only 5
to 10 years provided he or she is number one Yes-man and flatterer. On the
contrary the same management of the bank does not give value and respect to
those who are serving the same bank for last two to three decades sincerely and
honestly.
There is no doubt
to me that clever and corrupt top executives of all public sector banks are putting
false, fabricated, concocted and
improper logics to get relaxation in promotion process and falsely shed
crocodile tears on availability of senior and experienced staff in their bank,
they fraudulently cry that huge number of staff are retiring in near future.
Retirement is a not
a new phenomenon in any industry or in any bank. They simply befool
the officials of RBI and MOF to give favour to a few officers of their choice
in promotion processes every year and it is unfortunate that officials in RBI
and MOF always accede to ill-motivated demands of top management of banks. Even
if it is assumed that there is shortage of experienced senior manpower in bank,
the question arises who are responsible for such mismanagement, such shortage
and compulsion for reappointing the retire staff .It is only they who are
accountable and punishable for not managing human resources and for not
planning manpower in best suitable manner keeping future requirement in their
vision. It is they who did not have vision for future shortage when they use to
plan.
What for they spend
crores or rupees every year on training system and planning system when they
could not make even twenty or thirty year old experienced officer competent
enough to shoulder the responsibility of higher post.
It is ridiculous
that when public blames top management for campus hiring the same breed of top
ranked officer these clever officers put the excuse that they need young
officers who can shoulder bank work in better way. They plead that existing
staff are not competent enough which forces them to recruit persons from
campus.
It is further to note that individuals
recruited for the post of civil services by UPSC can manage entire district but
it is regrettable that the officers recruited in bank (after taking bribe) are
unable to should responsibility of bank.
Bank management
want relaxation in promotion process to promote officers of two or three years
experience only because they need not performer but flatterer. This is why they
prefer retired flatterer for appointing in bank on contract basis then to rely
on existing manpower who are stagnating and facing humiliation in the hands of
juniors elevated to higher post. This is the root cause why top bankers always
put focus on continuity of interview in promotion processes so that they may
reject officers who are not Yes-man.
Otherwise they have
plenty of senior and experienced officers to whom they do not to promote. After
all when majority of top ranked officers are facing charge sheet for various
irregularities, how can they dream of taking wise decision for the benefit of
the bank they serve.
And it is most unfortunate that directors
representing various fields and appointed by GOI from outside are silent
spectator of all what in happening in Board of the bank. These inefficient and
unskilled directors are simply putting their signature on every resolution
placed before the Board of directors of these banks.
This is why one
after other scam takes place, bad debts goes on increasing , cases of fraud
goes on increasing . All regulating agencies sleep in deep slumber for entire
year and they come to senses only when media men or some private companies like
Cobrapost carry out sting operation to expose the irregularities of the banking
system.
Chit Funds are
looting hard earned money of poor and innocent in entire country but the
officials of RBI and that of SEBI are unaware of it as long as promoters of a
chit fund company fly away and when cheated depositors and media men cry in
protest. This is India where act after acts are passed against dowry or rape or
corruption but the evil goes on spreading and ballooning.
I therefore once
again request Prime Minister, RBI officials and Finance Minister to ponder over
reducing retirement age for all staff working in bank or state or central
government offices and they must stop practices of recruiting retired employees
on contract basis immediately.
Bank identified following vacancies for promotions:-
G M = 6
DGM =33
AGM =110
CM =222
S M =831
Manager =1083
Relaxation of 1 Year and 3 month for all scales except Scale IV for which it is 1 Year. Cut of date 1 st April. Rural posting criteria to be decided on hearing from Govt. 5 Marks relaxation to SC And ST.Bar on promotion reduced to 1 Year.
N Shankar.GS AIUBEA
G M = 6
DGM =33
AGM =110
CM =222
S M =831
Manager =1083
Relaxation of 1 Year and 3 month for all scales except Scale IV for which it is 1 Year. Cut of date 1 st April. Rural posting criteria to be decided on hearing from Govt. 5 Marks relaxation to SC And ST.Bar on promotion reduced to 1 Year.
N Shankar.GS AIUBEA
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