United Bank of India, on a hiring spree
UNITED Bank of India (UBI) is on a hiring spree. The Kolkata-based public sector bank has decided to recruit nearly 100 probationary officers (PO) soon. The bank has just recently completed hiring over 70 specialised officers through its first ever campus recruitment. The bank has also embarked upon a career progression plan to counter its ageing employee pool.
“There was no recruitment in the bank for quite sometime. The age profile of our employees is also on the higher side. So, we have decided to infuse fresh blood,” UBI chairman and managing director PK Gupta told ET. The bank had last recruited POsin2005.
Most public sector banks are now struggling with their ageing employees, This is despite the fact that India boasts of world’s largest youth population with 70 crore under 35 years of age, reflecting almost 62% of its total population. UBI has a head-count of 16,500 employees with average age nearing to 50.
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