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Yes Bank

Yes Bank review: Employee Harassment and Exploitation 4

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2:30 am EDT
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Employee Mental Harassment and Exploitation

I am Sachin Gupta and was working for yes bank as an officer in trade finance for close to about seven months at Gurgaon, Through this prestigious forum of yours I would like to highlight the Harassment and humiliation that the employees of yesbank undergo each day. The working environment in yesbank limited is very pathetic and hostile towards its employees.

-At the time of joining itself they ask (in an informal manner though) that you have to come at 8:30 in morning but your work may strech till 9 or 10 pm, but it actually is midnight or even later than that.
as per indian labour law the maximum working hours are 8 to 10 hours depending on various situations, but here they are asking for machines and not for humans.

-The way seniors show their leadership is giving bait to subordinates in the name of better appraisal or else late working hours and diassociating their names at the time of sharing the awards or appreciation, the people who have contributed and worked day in and day out are not even nominated for their effort, and then a mail comes from HR for self appreciation, who will come forward ?

-The selection criteria is no where, no standards at all - people with relevant experience and better education qualification are given low positions and paid less as compared to their fellow team-mates, how can you ask for the team spirit when there is so much of discrimination at the root of any organisation.

-Just before the appraisal you are ladened with larger volume of work and responsibilities and your inability scores over your capability - all these are unfair barriers to advancements in ones professional carrier as this hurts mentally a lot to a person who goes throgh all this and much more.

-New appointments are delibrately kept on hold so that a definite period elapses and the person who wishes to join can not be entitled to ask for appraisal just because the person has joined the organisation just two days late.

- I feel HR department now a days is kept for guarding the rights of the employees in a way that they can not use these rights at all because these are safe and secured in those documents which they make us sign before joining, what an irony we also sign all this because we think we may never use them, How positive we are in our approach.

-Even after the employee has left the organisation the feedback the HR and Managers give to other employers is again biased and not at all justifiable which hampers one's career. This show the very corporate and ethical values being nurtured herein yesbank.

I have some regrets that I should have done this much earlier but time has come and I feel obliged that I am taking some strong steps and going out of the way to unwrap and highlight what I have been through as this satisfies me of somewhat that I am.Not like the one to be sitting with my hands folded and waiting for some angel to get me out of this mental torture and harassment at the hands of yesbank.
Organisations with such petty interest do not refrain from reaching heights by ruining the careers and playing with the emotions of its own employees.My only concern in writing this is to bring before all of you the true face of company that boast itself to be first Indian multinational bank, world's bank, people's bank, World Quality bank etc. etc,

We talk about three P's i.e people, profit and planet but here it seems like organisations have got it all new and much more i.e Punish People for Profit and forget about this Planet.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

4 comments
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Bahadur Singh
, US
Dec 28, 2011 5:31 pm EST
Verified customer This comment was posted by a verified customer. Learn more

Dear Sir, I have the Saving (NRE) Account in Andheri branch. Response of the yes bank employees are very poor and negligent. I requested for cheque book on 10 Dec 2011. They sent through a courier, but courier has been returned back due to the door found closed, without leaving any message on my home door. After confirming from the bank and requested for sending further but not getting the response up to the 28 Dec 2011. Even I further requested through the ATM on 23 Dec 2011. Without cheque book I am facing too much problem.

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manoj sachdeva
, IN
Jan 09, 2011 8:29 am EST

the same position is going in the public sector banks also. The management overlook the labour laws.Not only this the employees are being threaten by the management.Even the wrong complaints are being honourd ny the management and irrational transfered are being don.They are dividing the families of employees.

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Eklavya
, IN
Jun 16, 2010 11:26 am EDT
Verified customer This comment was posted by a verified customer. Learn more

While I appreciate your courage to come out and dare to pour your deepest feeling about your previous employer, I think that his outpouring of yours is not exactly a complaint. It is recount of an experience - an horrid one - you had there.

However, as the natural justice demands, " Nobody should be punished unheard", I think that some one (of a higher rank) from Yes Bank should come and tell their version of the truth also.

While concerns can be shown about this narration of Yes Bank, is it not true for the entire Corporate India as a whole ? Or at least about those middle level companies which are trying hard -often at the cost of their employees- to maximize their profit and build a brand image. Well which company would not like to be acquired by a Reliance or a Tata at a later stage by showing a robust performance ? And who is going to listen to the dark side of that success when it's your overall report card that matter ?

Anyway, thanks to Sachin for showing such courage.

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lwcfa
Toronto, CA
Jun 12, 2010 2:24 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

What is YESBANK? is this actually a bank? interesting name...