2,000 HSBC employees picket over alleged injustice
Published on: Monday, September 24, 2018
Kuala Lumpur: About 2,000 members of the National Union of Banking Employees (Nube) gathered outside the Hongkong and Shanghai Banking Corporation Ltd (HSBC) headquarters in Leboh Ampang, here, to protest against alleged injustice toward its employees.Carrying placards and causing traffic congestion, they finally disbursed at 7pm.HSBC employees, mostly from the customer service banking department, claimed that the bank had failed to honour its agreement and had opted to 'shortchange' and intimidate employees, so that they would resign without compensation.
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Nube Secretary-General J. Solomon said the employees deserved what they were promised and it was an injustice to deny or cut the perks they were entitled to under a collective agreement signed between the bank and the union.He told NST, although it was a longstanding problem, the situation had worsened with the appointment of a new chief executive officer in April. Since then, he said, there had been a further tightening on employee benefits."We want to solve this in an amicable manner with the bank management, but they refuse to meet us."Instead, what they (management and CEO office) do is send human resources officers to meet us. It's a waste of time because the HR has no mandate to make any decision and the matter still continues. It seems as if they are deliberately avoiding the union."
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He said union members were disappointed that an international bank like HSBC was treating its employees so shabbily. "We are not asking for something that is not in the agreement. We are just asking them to honour the collective agreement. We have proposed for dialogues, but even that has been shot down."It is learnt that the old collective agreement had lapsed for more than a year, but HSBC has yet to meet union officials to discuss its renewal.
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Solomon claimed that since 2015 about 500 customer service bankers had been indirectly threatened to opt for the voluntary separation scheme (VSS). He said VSS was offered twice within the last three years to lower-ranking employees."The union also found that the company, under the name of restructuring exercise, has outsourced employees' duties to an outside firm without any consultation with the union," he said adding that the re-delegation of duties of that sort was against the agreement that they had agreed on.Stay up-to-date by following Daily Express’s Telegram channel.
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