Central bank directs to reinstate retrenched bank employees
Bangladesh Bank has directed to reinstate the bank employees who were sacked or forced to resign during the pandemic.
Bangladesh Bank Banking Regulation and Policy Department on Thursday (September 16) issued a new directive to stop pruning.
That said, employees cannot be fired without a specific and proven allegation. In addition, employees who have been fired or forced to resign during the coronation period will have to be reinstated.
According to the circular, the government and Bangladesh Bank have announced a huge financial incentive package with their own funds to revive the country's economy from the financial losses caused by the Corona situation, which is being implemented through scheduled banks. As a front liner to keep the wheel of the country's economy moving with the implementation of these incentive packages, the officers and employees of the bank are continuously providing the necessary banking services with maximum risk. Many bank officials and employees have been infected with corona and many have died.
But recently, complaints have been received from a number of bank officials and employees, who are being fired and forced to resign on the pretext of not achieving the target or incompetence, despite no specific and proven allegations which is contrary to the instructions of the central bank.
Therefore, the central bank has given several new instructions in the interest of keeping the work ethic of the bank employees intact.
The instructions are-
>> Not to dismiss the officers and employees if there is no specific and proven complaint.
>> Not to dismiss or force officers-employees to show reasons for failure or incompetence in achieving targets only during the coronation period.
>> To take necessary steps to reinstate (subject to receipt of application) the officers and employees of the bank who have been sacked or forced to resign from April 1, 2020 to September 15 of this year without any specific and proven allegations. Have to take necessary action to reinstate them.
In addition, from April 1, 2020 to September 15 this year, the officers and employees who have been fired or resigned from the job, the information has been asked to send by September 30.