Commonwealth Bank of Australia is in hot water with labour unions over the imposition of a draconian new social media policy that severely curtails the freedom of expression of employees and their network of friends when corresponding over social sites.
I am not sure whether 'draconian' is the right word for CBA's actions. I would guess that their employee policies do not differ that much from other banks (their's just got publicised - ironic, kind of).
Deutsche Bank, although did not offer me access to their social media policy, did admit that they bar most employees from posting on social media while at work.
Insisting that staff 'unfriend' friends who may have been less than generous in their comments about the bank seems a bit over-zealous to me.
Somehow, I suspect this is only of interest to Finextra editorial staff but I've just checked the dictionary definition.
According to Chambers:
adj: said of a law, etc: harsh; severe.
So, yeah, CBA's rules are draconian.
According to the OED. Draconian mean 'unusual punihsment'. My point was not that the CBA was not harsh, but that my informed guess is that their policy is not unusual - it's just now public.
Hmmm, unfriending co-workers? Tempting...
If it applies to its employees using their personal computers, social media account and Internet connections during their off-working hours, then CBA's social media policy does seem draconian. However, if it only applies for use of official infrastructure
during business hours, it's only fair that CBA should protect its own interests.
Excellent salary with uncapped commissionMilton Keynes
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