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| Scotiabank won’t contract out work, says president | |
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| Topic Started: Apr 10 2013, 10:28 AM (487 Views) | |
| Darcie | Apr 10 2013, 10:28 AM Post #1 |
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Skeptic
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Yeah for Scotia Bank, here is a place for Canadians and their money who support Canada. We are going to have to watch that this is true. http://www.cbc.ca/news/canada/nova-scotia/story/2013/04/09/ns-scotiabank-offshore-work.html The president of the Bank of Nova Scotia says he does not plan to contract out positions held by Canadian employees as the controversy over banks hiring temporary foreign workers builds. Brian Porter responded to questions during a reception in Halifax Monday night before an annual shareholders' meeting |
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| Dialtone | Apr 10 2013, 10:33 AM Post #2 |
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Gold Star Member
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Really ? They all do it, and have been doing it for years. Many others wrote in to say that RBC is far from the only bank implementing such practices. They told CBC News TD Canada Trust, the Bank of Nova Scotia and BMO Financial Group employ foreign workers to replace Canadian citizens. "Unfortunately, Scotiabank is a much larger culprit," wrote one person, implicating consulting company Mahindra Satyam for having worked with the bank for more than five years. The individual wrote that Scotiabank replaced about one hundred positions based in Scarborough, Ont. — a number cited by another writer in a different email — years ago, and continued to promote the practice. The email cited an unofficial company policy to only hire IT workers from Mahindra Satyam. http://www.cbc.ca/news/canada/story/2013/04/09/canada-bank-foreign-workers.html |
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| Darcie | Apr 10 2013, 10:34 AM Post #3 |
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Skeptic
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Well there you go DT, you have just proven to me that one cannot trust the word of bankers and the rich, and the powerful.
Edited by Darcie, Apr 10 2013, 10:35 AM.
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| Bitsy | Apr 10 2013, 10:58 AM Post #4 |
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Veteran Member
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Wow, little did the average citizen know that all the boasting and bragging by Harper about the health, stability and success of Canada banks was partially due to secretive, internal reorganizing.... laying off older, vested employees; they got rid of the high salary and benefits due their Canadian employees. |
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| Dialtone | Apr 10 2013, 11:05 AM Post #5 |
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Gold Star Member
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One of our good friends is a Scotia Bank branch manager, now retired. I could trust what she told me, but lots she told me was in confidence, and some of the "inside" track wasn't pretty. But the inside track isn't pretty in most companies, they are all competing for business (AKA dollars) and will get it any way they can. Another problem with a lot of these large corporations is that a lot of the experienced people are usually packaged off, and the young ladder climbers with lots of university degrees behind their names, but having the common sense of a hampster, are left to make all the important decisions. Most of these wannabe vice president types want to put their stamp on the latest reorg or project, and haven't any idea of consequences, and most don't care. They get paid big money, and if the plan screws up, they might get terminated with a couple years severance which in some cases can amount to over a half million. They then get head hunted by another company and get contracted for probably even more money. If their plan actually works, it's bonus time for everyone all around.. either way, for them it's win /win. |
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| Dana | Apr 10 2013, 03:13 PM Post #6 |
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WWS Hummingbird Guru & Wildlife photographer extrordinaire
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I'm starting to wonder if the federal gov't in Ottawa might also have some plans to outsource the work of the employees they are laying off. Hard to lay off 70,000 workers without it impacting service. The only way to maintain service levels would be to outsource. Ah, just day dreaming....... :LRbubble.gif: |
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| Deleted User | Apr 10 2013, 03:57 PM Post #7 |
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Deleted User
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But not too long ago, I believe I read complaints about the government being too big - oooh 02 so now the worry is about cutting back on employees & the service level will not be as good ... oooh 02 017 :Hmmmfrown: |
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| wildie | Apr 10 2013, 04:13 PM Post #8 |
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Veteran Member
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Even the communications company's have been doing this! It wasn't too long ago that a large call centre in Sarnia was shut down and the work transferred to India! If a problem call to a business is answered by an agent off-shore, that means that business has already sent jobs away! |
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| Bitsy | Apr 11 2013, 01:38 AM Post #9 |
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Veteran Member
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The only complaints I rememeber reading was about the size of Harper’s cabinet being one of the largest in the history of Canada. I don’t remember any compalinsts about too many civil servants. |
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