Good News for SBI Female employees: Work from home facility to be provided

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The State Bank of India (SBI) is all set to chalk out plans, regarding offering work from home option to its female employees. This option to work from home is being planned to retain the retention of women staff.

Good News for SBI Female employees: Work from home facility to be provided:
SBI

The State Bank of India (SBI) is all set to chalk out plans, regarding offering work from home option to its female employees. The bank will initially be checking the technological feasibility of allowing women employees to work from home for some functions. There are approximately 45,000 women working with the SBI, and this decision has been taken in order to retain women staff.

According to Prepsure reports, the option to work from home is being planned to retain the retention of women staff. Earlier, ICICI started the work from home option, making it easier for women, to manage home as well as job.

In March 2016 on International Women’s Day, Chanda Kochhar, managing director and chief executive officer of ICICI Bank had launched ‘iWork@home’ for women employees. Indian Institute of Technology (IIT), Delhi contributed in developing the technology platform for the ICICI Bank.

About iWork:
As per the initiative, the iWork initiative allows women employees to work from home for up to a year. It also allows the home option to get extended for more than one year, based on the requirements of the employee. Over 50 women have been made part of this system and more than 100 requests have been received for this. There has also been an increase in productivity where women have been enabled to work from home.

Mentioned below are the main features of iWork@home initiative:
* It is first-of-its-kind programme which allows women employees to work from home
* This unique programme replicates the work environment at home by giving its employees an access to work applications in a safe and secure manner
* Women can work from home for one year, which can be further extended
* The other initiative aids those women who travel on business, by covering the travel and stay of young children and their caregivers

About SBI:
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of 2014-15, it had assets of INR 20,480 billion (USD 310 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries, making it the largest banking and financial services company in India by assets.

State Bank of India is one of the Big Four banks of India, along with ICICI Bank, Bank of Baroda and Punjab National Bank.

The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding, in 1806, of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two “presidency banks” in British India, Bank of Calcutta and Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1956.Government of India owned the Imperial Bank of India in 1955, with Reserve Bank of India (India’s Central Bank) taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India.

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Good News for SBI Female employees: Work from home facility to be provided Good News for SBI Female employees: Work from home facility to be provided Reviewed by Ramesh Reddy on 04:42:00 Rating: 5
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