Leading Bank HSBC is facing problems with its unions as they are demanding changes to the contracts of its branch managers. HSBC has reported doubled profits for the first half of this year of 7.2 billion euros and then suddenly faced this dispute.
HSBC has said it wants its 1500 branch staff to change their working patterns as the firm wants to open another 170 branches on Saturday and also wants to extend the working hours on other 80 branches.
The bank has total number of 1369 branches, amongst which 330 branches are already operating on Saturday.
The bank now wants to change the working week from five days to six days. The union has said that, the bank is willing to make Saturday a normal working day.
The bank HSBC has cleared that the workers are not going to be asked to work on six consecutive days in a week but they will have to treat the Saturday as a normal working day.
The union is on a negotiation with the 12,000 bank managers over their working timing, patterns and absence at the work.