Fired banker says Stan Chart's monthly target is ridiculous

Fired for poor performance, Kabelo Matongo, consumer banking, SME sales, in his Industrial Court case, for unfair dismissal also accuses the bank of wrongly calculating his terminal benefits.The former employee, who reveals that he earned P26,460 in his one-year contract, demands to be paid for the remainder of his contract that is to say, five months, and other benefits.

Matongo is questioning why he was singled out for the sack while nobody had reached the target.The complainant also says his performance was reviewed in December, when he was on a two-week leave.Matongo, whose contract was terminated on 5/01/2011, claims it was ripped apart without due notice and describes the bank's action as swift and brutal. "Immediately my supervisor took away my access card...I couldn't access the Human Resources department to discuss the dismissal package."