The Royal Bank of Scotland Group has threatened its staff with disciplinary action if they do not have their primary bank account with the Royal Bank of Scotland.
Apparently this affects some 14,000 of their staff and the union is taking legal advice. I cannot believe that such a term in a persons employment contract could be legal. If it is then a whole host of people in different lines of employment could find themselves under similar threat. Perhaps employees of the BBC should be banned from watching ITV or Sky. Employees at the Newbury Weekly News would not be allowed to purchase the Guardian. Employees at Tescos could not shop elsewhere. BT employees should be prevented from having a Vodafone mobile.
I understand that this behaviour is considered ok in the US where I read of a case of a guy who was sacked from a sports vehicle retailer for owning a Harley Davidson because they sold a different brand of motorcycle. Do we want to go down this road in the UK? I sincerely hope not.
As I understand it most banks offer their staff preferential rate on a whole host of financial products. Perhaps the bank might be better off writing to the 14,000 employees and reminding them of the benefits or perks of banking with the Royal Bank of Scotland as a member of staff instead of threatening them. I have contacted my local branch and complained about the way in which they are treating their staff and I hope many others will do the same