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.
Market Regulator - Securities Exchange Board of India.
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 Employees feel this outdated measure undermines their morale and reflects poorly on management’s trust in their dedication.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.
