Bank unions pitch for regular jobs rather than contractual ones

Days after the Government implemented four Labour Codes, bank unions on Thursday demanded that regular jobs be promoted rather than contractual jobs to provide better employee facilities and social security. Unions under the aegis of United Forum of Bank Unions (UFBU) in a meeting with Financial Services Secretary M Nagaraju also brought to his attention pending issues of bank staff like implementation of five-day banking, filling up of posts of Workman and Officer Directors, adequate recruitments of clerical, sub-staff and security staff in the banks and updation of pension, among others.

“We pointed out that the youth of our country need regular and permanent jobs and hence the labour laws should promote the same instead of encouraging contractual jobs,” UFBU said in a statement after the meeting. UFBU also pointed out that some of the provisions and procedures under the existing labour laws need simplification but it should not result in dilution of any of our existing labour rights.