Bumper job in SBI! The bank will recruit 14,000 this year, read what the plan is
State Bank of India (SBI) has come up with a voluntary retirement scheme covering more than 30,000 employees, on the other hand it is going to recruit more than 14000 people this year. Yes, these two things are against each other but it is true.
In fact, the reason behind introducing the VRS scheme is not to reduce the cost burden but to benefit existing SBI employees who have expressed a desire for a strategic shift in their careers. That is, in simple terms, those who do not want to serve further in the bank. SBI has clarified the issue through a statement.
A SBI spokesperson said in a statement that media reports on the bank's proposed "On Tap VRS" ("Second Innings Tap VRS-2020") measures to reduce the workload and cost burden of the scheme. SBI currently has 2.50 lakh employees and the bank is in the forefront of developing tools to meet the needs of its employees and help them in their lifetime.
In such a situation, it is assumed that employees who want a strategic shift in their career due to professional growth limitations, mobility issues, physical health conditions or family circumstances should be given a favorable remedy. Therefore, a voluntary retirement plan was prepared.
The bank is employee friendly
The spokesperson said that SBI is employee friendly and is increasing its operations, for which it needs people. This confirms that SBI plans to hire more than 14,000 people this year.
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