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Bank union calls for Raya bonus

 | August 14, 2012

Give bank workers their Hari Raya bonus, NUBE tells bank chiefs here, accusing them of withholding the share of profits.

PETALING JAYA: With the Hari Raya celebrations just around the corner, the National Union of Bank Employees (NUBE) has asked bank chiefs to give their non-executive staff a festival bonus.

NUBE general-secretary J Solomon said it was only fair that the workers got a bonus, claiming that banks here had been doing well despite a global financial crisis.

“…Most banks are posting year-on-year gains…The call is also to fulfill the bank’s Corporate Social Responsibility towards the livelihood of their own employees,” he said in a statement.

Solomon added that NUBE did not set a price for the chief executive officers (CEOs) of Malaysia’s banks, trusting the latter to “decide on the appropriate amount”.

He termed Malaysia’s non-executive bank staff as the “lowest-paid category” of employees in a given bank, and hoped that the CEOs here would consider NUBE’s views.

The union chief later told FMT that banks in Malaysia were reluctant in giving workers their dues, preferring to save the profits for its leaders.

“…[They're] very reluctant. In fact, we have some disputes of the bank’s profits too. They feel it is not mandatory to give, and hence do not give,” he said.

Solomon added that banks preferred to reward their middle and top managers instead.


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