Staff poaching spurs bank action
Cambodia’s banking sector is looking to establish a collective fund to help recoup staff training expenses lost from competitors poaching employees off one another, Grant Knuckey, CEO of ANZ Royal said yesterday. Speaking at the launch of ANZ Royal’s business confidence index in Phnom Penh yesterday, Knuckey, who is also the chairman of the education working group at the Association of Banks in Cambodia (ABC), said to mitigate the losses of newly trained employees, the industry was proposing a joint fund in which poachers would have to contribute a percentage of the lost employees’ salaries. …
Eddie Morton and Daniel de Carteret
http://www.phnompenhpost.com/business/staff-poaching-spurs-bank-action
