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How bankers managed to restructure on the back of the state

Autor: Adelina Mihai, Liviu Chiru

15.10.2010, 11:08 15

Bankers have managed to slash personnel costs without operatingphysical layoffs, in the context where a rising number of femaleemployees are going on maternity leave, with indemnities paid bythe state. Unlike in previous years, only part of the vacantpositions are covered.
A number of 47,000 women work in banks, namely 70% of the totalnumber of employees in this field. In the case of Raiffeisen Bank,for instance, 354 female employees went on maternity leave in thefirst nine months of the year, namely 5.34% of the total headcount."(...) The number of maternity leaves has doubled against previousyears and the increase is obvious after January 2009, once thelegislation changed," says Irina Kubinschi, HR Director withRaiffeisen Bank.
"(...) We've seen a wave of maternity leaves, meaning part of thepersonnel has been temporarily reduced. For the company, this is agood thing, but I don't know if it is for the state, as well,"reckons the manager of a top ten bank.
Bank employees bound to become parents are also the employees withthe highest attendance of prenatal and postnatal classes.

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