Tuesday, August 24, 2010

Sberbank Exposes Dishonest Employees

In an unprecedented move among Russian banks, state savings bank Sberbank has created a new, publicly available web page naming employees fired for embezzlement and other actions that under the Labor Code are grounds for dismissal for "loss of trust." Sberbank explains that the purpose of publishing the list is to improve transparency in the bank's operations. The list, which will be periodically updated, includes 426 names from among over 200,000 Sberbank employees. Because Sberbank has included people in the list regardless of whether the propriety of the dismissals has been tested in court, legal commentators note that publication of the list could subject Sberbank to liability for violating Labor Code prohibitions on improper use of employees' personal data.


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