SASBO says it will scrutinise Capitec's recruitment process

SASBO says it will scrutinise Capitec's recruitment process

The South African Society of Bank Officials (SASBO) says it'll scrutinise the offers put on the table by Capitec Bank, when it signs contracts with new staff.  

Capitec Bank

The bank announced recently that it won't be retrenching workers but is looking at recruiting around 600 people and is planning on opening more branches.  

READ: Labour court interdicts mass banking sector strike

This after last week's planned strike action by banking sector staff around the country, was put on hold after a labour court ruling.  

Employees were meant to down tools over retrenchments in the banking sector. 

SASBO's Joe Kokela says they'll keep a close watch on Capitec's recruitment process. 

"First thing we are going to do is to look at their salary and then the benefits that they are giving them now. We don't believe the benefits they are giving them now are up top standard, like, the medical aid and leave policy," he said. 

ALSO READ: "Business as usual” for banking sector: Busa’s business convener

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