New Delhi: The increasing workload and work stress have made jobs in banking sector unattractive, said the Parliament Standing Committee of the Finance Ministry. The report submitted by the committee said there is considerable decrease in the number of applications for clerical posts and probationary-specialist officer posts.
The report cited the statistics recorded by the Institute of Banking Personnel Selection (IBPS).
The committee, headed by senior Congress leader Veerappa Moily, evaluated long working hours, work pressure and unavailability of proportional benefits drawing youth away from bank jobs. It also suggested the banks to take measures to tackle the situation with proper appointment and training as many officers are set to retire the next financial year.
95 percent of the general managers, 75 percent of the deputy general managers and 58 percent of the additional general managers will retire in the coming year.
The report also suggested to make salary and other privileges of the public sector bank employees more attractive. The salary scale difference between senior officers in public and private sector has to be reduced.
Also system should be made to interchange officers from other public sector banks and Board to SBI, the report suggested.