SEBI Employees Report Toxic Work Culture Under Chief Madhabi Puri Buch

In a letter to the finance ministry, they highlighted several issues contributing to the negative atmosphere.

Update:2024-09-05 15:45 IST

SEBI employees have raised concerns about a toxic work environment under Chief Madhabi Puri Buch.

In a letter to the finance ministry, they highlighted several issues contributing to the negative atmosphere.

Key Issues:

Unrealistic Targets: Employees face significantly higher Key Result Area (KRA) targets, leading to excessive stress and long hours.

The targets have reportedly increased by 20%-50%, creating immense pressure and affecting work-life balance.

Unprofessional Behavior: Senior management has been accused of shouting, name-calling, and public humiliation.

This unprofessional conduct has made the workplace hostile, with even senior staff feeling anxious about attending meetings.

Surveillance and Distrust: The introduction of swing barriers to monitor attendance is viewed as a sign of distrust. Employees feel this outdated measure undermines their morale and reflects poorly on management’s trust in their dedication.

Mental Health Impact: The stressful work environment has taken a toll on employees' mental health, leading to a surge in counseling sessions.

The demand for mental health support has increased, prompting SEBI to expand its services.

Overall, SEBI employees are calling for a more respectful and supportive work culture to improve their work environment and well-being.

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