Five-day work for StanChart staff

Standard Chartered Bank employees would work five days a week from September 1, a move which, the foreign lender said, aimed at ensuring work-life balance among the staffers. All the 5,500 employees in the consumer bank division would come under the new work schedule. The bank started implementing the five-day week in phases. In the first phase, 2,000 staff in the wholesale banking, corporate divisions and support functions came under the norm. The bank has, however, ensured its business hours continues to be the same and the “customer delivery” is not affected.