Unifi union accuses HSBC bank of breaking its own rules

HSBC bank has been accused of opening thousands of its own staff to ridicule from colleagues and line managers by publishing a league table of individual sales targets and achievements on the company intranet.

Financial union Unifi labelled the policy “completely unacceptable” and said the policy was causing “embarrassment, ridicule and shame for some staff”.

The union also said the policy breached the bank’s own equality procedures.

“The bank’s own policy promises to treat everyone with dignity and respect. Actions that result in ridicule… could be [interpreted as] bullying.”

The criticisms are the latest salvo in the simmering row over what the union describes as the ‘sales at any cost’ culture introduced by new chief executive Michael Geoghegan.

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