Financial Daily from THE HINDU group of publications
Friday, Jan 02, 2004
Financial Daily from THE HINDU group of publications Friday, Jan 02, 2004 |
||
|
|
||
|
Money & Banking
-
Trade & Labour Unions Bank officers' union opposes 5-day week Our Bureau
Coimbatore , Jan. 1 AT the recent executive meeting of the All India Bank Officers Confederation, the issue centred on introduction of five-day week in bank. The Indian Bank Association's move to introduce the five-day week in banks came under fire. Bankers perceived a new ploy in the association's plans. A section of them said that they saw a trap in the issue. The committee recalled the experience of the officers' community when the Reserve Bank of India arbitrarily reduced the number of general holidays for the officers and how they (officers' organisation) mounted pressure on the banks' managements. The recent move on introduction of five-day week has given new dimension to the issue, a banker said. Meanwhile, the committee noted with concern that in the aftermath of VRS implementation in banks, the officers were more often compelled to work on holidays and Sundays. "The days of regulated working hours is now in the past," a bank officer noted. The committee later stated that there would be no meaning in talking or discussing the five-day week in banks unless the officers' strength was augmented and reduction in the number of general holidays restored. They do not see any respite in the five-day week schedule despite the automation that is generally taking place in the banking circle.
More Stories on : Trade & Labour Unions
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|