Which Bank Had The Largest Number Of Employees To Quit Jobs Last Year?

Though banks still recruit more employees to compensate for the layoffs, in some banks, the number of employees has fallen sharply in the last one year.

“After two years working as corporate client executive with the average monthly salary of more than 20 million dong, I still have to quit banking jobs because of pressures and lack of time for the family”, said Nguyen Van Luong (aged 27 in Bac Ninh) when being asked about his current job.

*Which bank losses people the most?

While the society is still looking at bank sector with an eye of admiration for a job of sitting under air condition, counting money, receiving a few dozen million dong of salary each month, many bank staff have had to “get away” because of their inability to suffer from pressure in this job.

According to the sharing of Ngo Thi Lan, an specialist in the banking sector’s recruitment consultancy of Navigos Group, in several recent years, the finance and banking sector has huge staff fluctuation in both staff and managerial levels.

Though banks have frequently recruited personnel to compensate for the layoffs or to expand business network, some banks still recorded a sharp drop in the number of employees last year.

According to the financial report of the parent bank alone in Q4/2017 alone, in nearly 20 banks including private and state-owned banks, there banks recorded the number of employees to drop sharply last year including BIDV, NCB and SHB.

Notably, last year, BIDV strongly raised the liquidity for employees from 24.8 million dong of average monthly income to 28.6 million dong, an increase of nearly four million dong per month. However, the number of employees here still dropped sharply last year.

At the parent bank BIDV, the number of employees last year decreased as many as 936 people from the beginning of the year. Currently, the numbers of employees at BIDV are about 22,668 people.

Meanwhile, the number of employees at NCB and SHB also decreased 198 people and 146 people respectively though these banks have strongly raised the average income for their employees by several million dong per month.

Apart from three banks with the decreased number of employees last year, the remaining banks have strongly increased the number of employees. Even, the number of employees of LienVietPostBank swelled as many 2,230 people, or VPBank also raised the number of employees by 2,190 people compared to 1,423 people by Sacombank.

“In 2017 and the whole year 2018, the banking market is developing well. Therefore, many banks want to expand their business operations, leading to the personnel recruitment demand of this industry to surge”, said Ngo Thi Lan.

In a recently released report on personnel for banking sector of Navigos Group, the main reason for many people to feel afraid of working at banks, besides the huge amount of work, high pressure on spending is that the banking sector has high legal risks.

Recently, many bank officials have had to appear in court for violations in lending and mobilising.

Nguyen Thanh Toai, deputy general director of ACB said the strong increase in recruitment demand of banks also comes from the fact that many bankers have involved in legal problems over the last period.

“There are banks that their general director and employees had to appear in court, so they have to recruit more to offset”, said Toai.

Meanwhile, in the first two months, many banks have offered the largest recruitment announcement in the year with thousands of applicants for many different positions.

Techcombank announced the largest staff recruitment in the year in every position. Meanwhile, Nam A Bank also informed to recruit 1,000 new employees in 2018.

Positions that NamA Bank need to recruit included director/Vice director of branches, transaction offices to employees in customer relation segment, card, I.T. etc. Earlier, at the end of 2017, this bank newly recruited as many as 500 personnel.

A series of other small and big banks also announced to recruit such as Vietcombank, Vietinbank, VPBank, SCB, Sacombank, HDBank, Kienlongbank, etc. with several dozens to hundreds of personnel in each bank.

Not just domestic banks but also foreign bank branches, wholly foreign owned banks also announced to recruit. For example, HSBC also announced the recruitment of internal assistants or credit officers in Hanoi.

 

Category: Finance, Vietnam

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