Page 1 of 4 123 ... LastLast
Results 1 to 10 of 34

Thread: Stop the retrenchments @ Absa

  1. #1
    Diamond Member Blurock's Avatar
    Join Date
    May 2010
    Location
    Durban
    Posts
    3,437
    Thanks
    660
    Thanked 765 Times in 630 Posts
    Blog Entries
    1

    Stop the retrenchments @ Absa

    How do Forum SA members feel about the retrenchments at Absa?

    If what is being reported is true, the way in which Absa is conducting the retrenchments is truly scandalous.
    It appears as if the rot has started since Booysen and his board sold out to Barclays. He and his deputies got R18.5mil each out of the deal and Bloody Mary was appointed @ R20 mil. How many jobs could have been saved with R75.5 mil plus the packages negotiated afterwards?

    For more information and a video showing an interview with retrenched staff, go to

    http://www.stopabsa.co.za/
    Excellence is not a skill; its an attitude...

  2. #2
    Diamond Member wynn's Avatar
    Join Date
    Oct 2006
    Location
    east london
    Posts
    3,338
    Thanks
    548
    Thanked 624 Times in 523 Posts
    Banks are low life bottom feeding scum suckers and that is the good ones!!
    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

    Read the first 10% of my books "Didymus" and "The BEAST of BIKO BRIDGE" for free
    You can also read and download 100% free my short stories "A Real Surprise" and "Pieces of Eight" at
    http://www.smashwords.com/books/view/332256

  3. #3
    Diamond Member tec0's Avatar
    Join Date
    Jun 2009
    Location
    South Africa
    Posts
    4,270
    Thanks
    1,656
    Thanked 439 Times in 386 Posts
    Blog Entries
    3
    I don't get it, I seriously don’t. It is Ok for labour brokers to destroy every full time job in South Africa but it is not ok of a bank to retrench? If anything I thought it was a good thing because most of those people where lazy and one couldn’t get them to help you even if you pleaded with them. Not to mention the retrenchments will probably "up" ABSA investments.

    Every time I complaint about labour brokers I was told to take it, it is a dog eats dog world and guess what if it is our jobs that got taken most people couldn't give a damn. Now that you see what retrenchment really is and how bad it is now you want to complain…

    All I say is take a side and stick with it… If you don’t like retrenchment then I am sorry to say but businesses are the number two cause next to corruption. Now imagine all those people sitting without work… Imagine how their families will suffer how mom and dad must now hop around from home to home being slowly liquidated into poverty. The same is true for the victims of labour brokers

    This IS the cold truth and will soon be the reality for every employee throughout South Africa. I am sorry to say this I really am… But I hope this shows people exactly what they are supporting.

    Now you can point out the differences between "restructuring" "labour brokers" and "Retrenchment" but all of them will have the same effect on the employees that much you know is true.

    Also if you think they are not connected "labour brokers" and "Retrenchment" take a second look because they are...
    peace is a state of mind
    Disclaimer: everything written by me can be considered as fictional.

  4. #4
    Suspended
    Join Date
    Nov 2010
    Location
    Johannesburg
    Posts
    893
    Thanks
    8
    Thanked 61 Times in 54 Posts
    tec I dont get it that you dont get it !!!! If you seriously cant see the problem with all the retrenchments at Absa and you dont understand the practicality of labour brokers ..... then its no use even replying to you.

  5. #5
    Diamond Member Blurock's Avatar
    Join Date
    May 2010
    Location
    Durban
    Posts
    3,437
    Thanks
    660
    Thanked 765 Times in 630 Posts
    Blog Entries
    1
    In all industries there are the problem ones that give the industry a bad name. I assume that tecO is referring to the bakkie brigade that may trade illegally by not being registered and supplying labour below the minimum wage. I also have a problem with that kind of labour broking.

    There are however more professional people higher up the food chain that provide skills training and actually perform an HR function which also protects the labourer. They keep a data base of people who register with them and can match the person with the skills required for the job. This may vary from basic labour to artisans to IT specialists.

    Some of my clients have used a labour broker effectively as an employment agency where some of these temps were eventually given full time employment. Maybe the unions should get involved in labour broking to see that the interests of their members are served effectively?

    My experience is that the greatest percentage of our labour force are not unemployed, but rather unemployable. Why do the unions not provide basic training to improve skills? Literacy, basic communication skills, customer service, welding, bricklaying are but a few that come to mind. The unions are forever fighting for higher wages, but do nothing to improve the quality of labour.

    To get back to ABSA, retrenchments may be necessary in some businesses, but it is the WAY in which is was done and then Maria Ramos denying the retrenchments that makes this unpalatable.
    Excellence is not a skill; its an attitude...

  6. Thanks given for this post:

    tec0 (03-Apr-12)

  7. #6
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,979
    Thanks
    3,055
    Thanked 2,462 Times in 2,067 Posts
    Blog Entries
    12
    Quote Originally Posted by Blurock View Post
    My experience is that the greatest percentage of our labour force are not unemployed, but rather unemployable.
    The "greatest percentage" may be argued, but certainly applicable to some

    Quote Originally Posted by Blurock View Post
    Why do the unions not provide basic training to improve skills? Literacy, basic communication skills, customer service, welding, bricklaying are but a few that come to mind. The unions are forever fighting for higher wages, but do nothing to improve the quality of labour.
    In labour's mind, that is the employer's responsibility

    Like everything else.
    The trouble with opportunity is it normally comes dressed up as work.

  8. #7
    Diamond Member tec0's Avatar
    Join Date
    Jun 2009
    Location
    South Africa
    Posts
    4,270
    Thanks
    1,656
    Thanked 439 Times in 386 Posts
    Blog Entries
    3
    Sadly I have seen firsthand what labour brokers are about. Large organisations like to use labour brokers with bad business ethics. They use them because they solve problems discreetly and cheaply.

    Sadly people deny this they don’t believe that it is possible in our perfect world that a person can lose their job for any and every reason that the employers give. Now I have tried to convince them but frankly they just don’t care they are right the rest of the world is wrong. So be it...

    Now back to ABSA, as a company with investors they are obligated to do things cheaply, now cheaply will include nasty frowned upon tactics used in there retrenchment program. I don’t agree with it but as this is a soulless world we live in we simply must accept it after all it is a dog eat dog world...

    After all labour brokers are accepted in the dog eats dog system and it is all good “for some”

    I personally hate the fact that this dog eats dog system even exist and I did close my ABSA account because of their actions but that will not fix things... It is time to take a side, if you feel jobs and people are important then identify the systems that you know is bad and work against those systems.
    peace is a state of mind
    Disclaimer: everything written by me can be considered as fictional.

  9. #8
    Diamond Member tec0's Avatar
    Join Date
    Jun 2009
    Location
    South Africa
    Posts
    4,270
    Thanks
    1,656
    Thanked 439 Times in 386 Posts
    Blog Entries
    3
    Quote Originally Posted by Kevinb View Post
    tec I dont get it that you dont get it !!!! If you seriously cant see the problem with all the retrenchments at Absa and you dont understand the practicality of labour brokers ..... then its no use even replying to you.
    I am fully rational and as posted on the link about 10% must go. So what can we do about it? Close our accounts and open a new one taking both time and lose some money while doing it? What else can we do? Nothing comes to mind…

    The people creating the problem are safely in another country having a cup of tea… But if you think 10% is a large number compare it to the thousands working for labour brokers… How many of them have job security do you think? Or get paid properly?

    I do feel bad for the hard working people at ABSA but some of them where not hardworking at all. Fact is if you walked into an ABSA the managers did their best to ignore us the clients. I also experienced that they will misplace important documents and refuse to hand out chipped cards to customers thus refusing to protect them.

    Funny thing however, labour brokers are in use because the general business claim that ALL employees are BAD because it justify them using this horrible system.

    The truth is…

    NOT THE UNION NOR ABSA EMPLOYEES JUMPED UP AND DOWN TO PROTECT US!

    Now we are all contractors so called business men/women working like rats… No financial security no investment security no future that is what labour brokers are all about.

    They robbed the employees of financial stability there lively hoods…
    peace is a state of mind
    Disclaimer: everything written by me can be considered as fictional.

  10. #9
    Suspended
    Join Date
    Nov 2010
    Location
    Johannesburg
    Posts
    893
    Thanks
    8
    Thanked 61 Times in 54 Posts
    Its not neccessary the "bad" employers that have forced businesses to go to labour brokers - its the government with petty laws that have forced it! I would much rather use a labour broker - if the employee gives me kak I phone them up and get a new guy immediately!

  11. #10
    Diamond Member tec0's Avatar
    Join Date
    Jun 2009
    Location
    South Africa
    Posts
    4,270
    Thanks
    1,656
    Thanked 439 Times in 386 Posts
    Blog Entries
    3
    Quote Originally Posted by Kevinb View Post
    if the employee gives me kak I phone them up and get a new guy immediately!
    Sounds good doesn’t it… now how is this mentality any different from the one driving the mass retrenchment at ABSA?

    That said, imagine for a moment you need to do work and you use a labour broker. Things go well for a few months and for some reason the labour broker deems you less then worthy of their business and pull out every worker.

    What happens to your company?
    What happens to your deadlines?

    And most important of them all what happens to your income?

    This will happen to you as the demand for skilled workers will increase and the labour broker finds a bigger fish...
    peace is a state of mind
    Disclaimer: everything written by me can be considered as fictional.

Page 1 of 4 123 ... LastLast

Similar Threads

  1. Another ABSA scam
    By AndyD in forum Scam Alert Forum
    Replies: 11
    Last Post: 17-Apr-13, 11:07 AM
  2. Absa up to tricks again?
    By Sparks in forum The Whistleblower Forum
    Replies: 8
    Last Post: 07-Jul-11, 11:02 PM
  3. Absa iPayroll
    By duncan drennan in forum General Business Forum
    Replies: 4
    Last Post: 23-Jun-08, 11:10 PM
  4. Equity doesn't require white retrenchments.
    By Dave A in forum BEE and Employment Equity Forum
    Replies: 0
    Last Post: 28-Oct-06, 08:20 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •