Bank: For an extended period, banking employees in India have been advocating for a five-day work week, specifically from Monday to Friday. The United Forum of Bank Unions has declared a nationwide strike scheduled for March 24 and 25, which is part of their broader set of demands. Presently, banks operate six days a week.
Request for a five-day work week
Following unsuccessful negotiations between the United Forum of Bank Unions (UFBU) and the Indian Banks Association (IBA) regarding various issues, including the push for a five-day work week, bank employees will participate in a strike on Monday and Tuesday. This raises the question: why are bank unions insisting on a five-day work week? The unions argue that achieving a work-life balance is crucial, which is why they are advocating for a reduction to five working days. The current six-day work schedule leaves little time for personal or family commitments, as well as for attending to one’s physical and mental well-being.
Bank employees contend that a five-day work week would enhance their productivity and performance while reducing stress and fatigue, ultimately leading to a more positive work environment. They also point out that in many countries around the globe, banks operate on a five-day work week.
Some more requests from the Union
- It is essential to implement sufficient recruitment across all levels to alleviate the workload.
- A request has been made to eliminate the performance-based appraisal and incentive program.
- There is a call for the regularization of temporary staff.
- A demand has been raised to guarantee the safety of bank employees.
- There is a request to fill vacant positions for workers or officer directors in Public Sector Banks (PSBs).
- A proposal has been made to revise the Gratuity Act, increasing the maximum limit to Rs 25 lakh.