Daishin in hot seat over alleged workplace bullying

By Park Jae-hyuk

Daishin Securities' labor union has accused the brokerage of violating the law banning workplace bullying.

The union said Thursday that the company held a four-month contest among low-performing employees, which it claimed is harassment or insult.

According to the union, 125 low performers were initially ordered to participate in the contest.

“After the union raised questions about the company's decision, the management then started saying that the contest is open to all private bankers,” the union said. “It is obvious that the company's decision to hold the contest is a violation of the Labor Standards Act banning workplace bullying.”

The revised act, which took effect on July 16, defines workplace bullying as an act by an employer or an employee inflicting physical or mental suffering on another employee “beyond the appropriate scope of work,” or one that degrades the work environment through a person taking advantage of their position and status.

But Daishin denied the union's claim, saying the purpose of the contest is to share the know-how of high-performing employees, not to harass low performers.