Page 46 - Banking Finance June 2025
P. 46

ARTICLE





         The Policy of



         Push




         "If  all  you  have  is  a  hammer,
         everything looks like a nail."

                                                                                                 Rohtash Singh
                                                                                                          Faculty
                                                                                                  (ZLC Hyderabad)
                                                                                               Union Bank of India





           There has been a noticeable rise in suicides among bankers in India. Many of these cases are
           attributed to the immense pressure to meet unrealistic targets and the stress of handling large
           financial responsibilities. The demanding work environment, coupled with the fear of repercussions
           for not meeting targets, has been a significant factor. Instances of harassment by superiors and
           unrealistic expectations have been frequently cited in suicide notes.



         T       here has been a noticeable rise in suicides among  working hours and aggressive sales tactics. In the first

                 bankers in India. Many of these cases are attributed
                                                              quarter, the results were remarkable. The bank saw a
                 to the immense  pressure to meet unrealistic
         targets  and  the  stress  of  handling  large  financial  significant increase in new accounts, loan approvals, and
                                                              overall  revenue.  The  management  celebrated  these
         responsibilities. The demanding work environment, coupled  achievements, attributing them to the boosted morale and
         with the fear of repercussions for not meeting targets, has  best work culture in the bank.
         been a  significant factor. Instances  of harassment  by
         superiors and unrealistic expectations have been frequently  However, as the policy continued, the initial enthusiasm
         cited in suicide notes.                              began  to  wane.  Junior  employees,  who  were  once
                                                              motivated by the challenge, started to feel the strain of
         Let us call this pressure tactics as the "Policy of Push", which  constant pressure. The relentless demands led to burnout,
         has emerged as a strategy where top management exerts  decreased job satisfaction, and a rise in passive-aggressive
         increasing  pressure  on  junior  employees  to  enhance  behavior. Employees began to resent the management's
         performance. Initially, this approach can yield impressive  approach, feeling undervalued and overworked. The once
         results, but over time, it often leads to diminishing returns  collaborative and supportive workplace culture deteriorated.
         and a loss of trust and acceptance among employees.  Junior  employees,  feeling  the  weight  of  unrealistic
                                                              expectations, became less engaged and more resistant to
         Consider the case of a mid-sized bank that implemented the  directives. The quality of customer service declined as
         Policy of Push to boost its quarterly performance. The top  employees, overwhelmed by their own stress, struggled to
         management set ambitious targets and demanded that   maintain a positive demeanour. The bank's reputation
         junior employees meet these goals through extended   suffered as customer complaints increased.

            BANKING FINANCE |                                                                 JUNE | 2025 | 41
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