Amid debate on 3 offs a week, Indian bank employees want 5 days work-week; here's why
Zee News
Employees at the bank began working on alternate Saturdays seven years ago. Since 2015, bank unions have been clamouring for time off on all Saturdays and Sundays.
New Delhi: Hundreds of thousands of bank employees in India are seeking a five-day workweek while the world debates the benefits and drawbacks of a four-day workweek.
On June 27, at least nine bank employee unions will go on strike for a day to urge their demands. They want Saturday and Sunday off, claiming that the technology available to banks would allow for a smooth transition to a five-day workweek. Read More: NCLAT rejects Amazon's plea to stay CCI order suspending Future Coupons deal approval
Employees at the bank began working on alternate Saturdays seven years ago. Since 2015, bank unions have been clamouring for time off on all Saturdays and Sundays. Read More: Hrithik Roshan gets angry at Burger King, says ‘This is not done’
According to the United Forum of Bank Unions, an umbrella body of nine national level bank unions, including NCBE and AIBEA, the IBA agreed after approval by the RBI and the government that the 2nd and 4th Saturdays would be holidays in the 10th Bipartite Settlement in 2015.
According to the forum, it was agreed at the time that the establishment of a five-day banking week would be studied. The problem was raised at the 11th bipartite settlement talks, but it could not be resolved, according to the statement.