Staff believed the bank would outsource a large portion of its IT services to India, he said. Standard Bank plays leading role in Mozambique LNG financing. Your capital is guaranteed. Standard Bank is offering internships / Learnerships to unemployed graduates who wish to kickstart their career in the banking sector. Minimum Requirements: Be a South African Citizen Be between the ages of 18 and 30 Be able to speak, read and write English … Fears that the Fourth Industrial Revolution will wipe out traditional jobs has become a reality for some Standard Bank staff. Re-employment after Retrenchment. Standard Bank Retrenchment Policy - not worth the paper it is written on I took out a Standard Bank retrenchment policy about three years ago, and when I was retrenched in Jan 2020 this year I submitted a claim in April 2020 which should have started paying out on 1 May 2020 because there is a 3 months waiting period. Standard Bank is evolving in the market as from today, 1st July 2020, assuming itself as a more creative, innovative, curious and entrepreneurial brand, to help realize the dreams of its customers and the public in general. Apply online now. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. The bank warned that company profit attributable to ordinary shareholders for the nine months to 30 September 2020 was 52% lower than the comparative period, while group headline earnings was 39% lower than in the comparative period. Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. Invest a once-off deposit of at least R1 000, and leave it to grow for up to five years to earn the highest interest rate. Trade union Solidarity has accused Standard Bank of an “arrogant slap in the face” for employees facing retrenchment. ... kiru naidoo-27 Nov 2020. ©2020 Standard Bank (NMLS: 441399) Member FDIC, Equal Housing Lender Rev.2014sbpa Bank Website Developed & Hosted By BankSITE® Consumer Business Business customers, click this tab Standard Bank chief executive Sim Tshabalala says that customer needs and competitive pressures has forced the group to rapidly digitise its business – … Industry 4.0 behind Standard Bank retrenchments . One aspect parties must consult on, in terms of the Labour Relations Act 66 of 1995 (LRA), specifically section 189(3)(h), is the possibility of future re-employment. The past couple of months’ our days merged into Retrenchment consultations, enquiries, legal arguments and a number of issues all relating to retrenchments!. Applications Open for Standard Bank Learnerships 2021 (For People With Grade 12). 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