Several employees of ICICI Bank have taken to social media to voice their concern alleging the bank has asked them to report to their base location or face consequences. Employees who have not been able to move to their base location have also complained of losing access to their official accounts and loss of pay in the name of cost-cutting. One Twitter user also posted a letter from the ICICI Bank's Zonal Head, ETRG South Zone, informing him that his services were 'no longer required'.
Rahul Kumar, who goes by Twitter handle, @I_m_kumar94, tweeted, "In this Pandemic Covid19 situation by taking risk of my life I came back to Chennai and got terminated,"
Kumar also shared a letter signed by bank's Zonal Head, ETRG South Zone, Suresh Mutiyala. The letter states "your services are no more required by the Bank and therefore your services are hereby discharged with immediate effect in terms of the aforesaid contract of the employment."
ICICI Bank employee Rahul Kumar's discharge letter
Rahul Kumar, who was employed as Deputy Manager (RBG-Sales), ICICI bank Chennai, also posted a show-cause notice that he received from ICICI Bank for "absconding from duty since April 15, 2020."
"Often we get instructions from managers to report immediately or face action. These threat doesn't come on mail, but are being conveyed on calls by immediate or sometimes super bosses," an employee said on condition of anonymity.
Another employee, who goes by Twitter handle, @Aksena20 wrote on Twitter, "ICICI bank, a largest prvt bank BM/RH/HR they r threatening the employee to resign otherwise they ill terminate the employee and without any reason and prior information they r terminating the employees."
Revealing loss of pay, another bank employee's father wrote on Twitter, "It is true, my daughter is in ICICI Bank. She is not in base location and their salaries are being cut. The PGs are closed but they are being asked to come."
"Can you please share the rationale behind the HR policy that forces employees to travel to hotspots like Mumbai (base location) despite they are 100% productive from their current location that is much safer," person who goes by the name Sagar Saraf (@SagarSaraf19) tweeted.
Meanwhile, responding to Sagar Saraf, the ICICI Bank said, "well-being of our employees is of utmost concern to us." The Bank said, "We would like to assure that no employee has been asked to resign for not coming back to the base location. However, all necessary steps are being taken including ensuring employees are available at their work location, so that, uninterrupted banking services are available to our customers."
ICICI Bank statement on the above matter:
ICICI Bank issued statement on the above matter
ICICI Bank trims employee notice period to 30 days
Effective from June 17, ICICI Bank reportedly trimmed its employee notice period from 90 days to 30 days. The bank stated that the decision was initiated after receiving several requests from employees. It said that it received multiple requests from its employees who have decided to put down their papers and faced difficulty in serving the notice period of 90 day due to various constraints created by the current situation.
The revised notice period will also apply to employees in probation. If employees, who have resigned, want to get relieved earlier than 30 days, they may request for the lender and with the supervisor’s consent for a suitable date.
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