Union Bank Employees announce strike on 27 September, Bank Branches will be closed on this day
The All India Union Bank Officers’ Federation and the All India Union Bank Employees’ Association have called for a one-day strike on September 27, 2024. This strike comes as a response to what they describe as harassment and unfair treatment of employees by the bank’s top management. Click here to join our whatsapp channel to receive banking news updates.
Key Concerns Raised by Employee Unions
The two unions have brought up 20 major concerns that they believe are negatively affecting both employees and the overall health of the bank. A significant issue raised by the unions is the hiring of external consultants by the bank. According to the associations, the advice given by these consultants is often implemented without fully considering how it impacts employees and operations at the ground level.
In addition, the unions have expressed frustration with the Human Resources (HR) department. They allege that HR is not following through on agreements and policies that were previously established through bilateral negotiations. This failure to honor these commitments is a source of growing tension between the employees and management.
Another major concern highlighted by the unions is the increasing reliance on contractual employees. They argue that this practice poses significant risks to the bank, as these employees may not be as committed or experienced as full-time staff. The unions believe that the bank is placing itself in a vulnerable position by continuing this trend.
Additionally, the associations have criticized the bank for aggressively promoting third-party products, which they feel is distracting employees from focusing on the bank’s core business operations. This shift in priorities, they argue, is not only hurting employees but also harming the bank’s long-term success.
Failed Negotiations Lead to Strike
Both unions initially hoped to resolve these issues through discussions and negotiations with management. However, they claim that the bank’s management has been uncooperative and stubborn, refusing to engage in meaningful talks. As a result, the unions feel they have no choice but to move forward with their planned strike to make their voices heard.
The strike on September 27 is a clear sign of the growing frustration among employees and the desire for the bank to address their concerns. The unions hope that this action will prompt the management to come to the table and work towards a fair resolution for all parties involved.
