KARACHI: In order to have employees take the threat of COVID-19 seriously, Meezan Bank has taken an unusually harsh but maybe a necessary step by imposing a cash penalty on those who refuse to wear a mask. On the first violation, teaboys, riders, and staff will pay Rs1,000; area managers will pay Rs2,000; assistant vice presidents and vice presidents will pay Rs5,000; senior vice presidents and executive vice presidents will pay Rs15,000; senior executive vice presidents will pay Rs20,000; and president and CEOs will pay Rs50,000. On the second violation, teaboys, riders, and staff will pay Rs12,000; area managers will pay Rs4,000; assistant vice presidents and vice presidents will pay Rs10,000; senior vice presidents and executive vice presidents will pay Rs30,000; senior executive vice presidents will pay Rs40,000; and president and CEOs will pay Rs100,000. In the case of a third violation, Meezan Bank said strict disciplinary action will be taken. The ‘Mask Rule’ will be done through physical checks and monitoring using CCTV cameras installed at Meezan banks’ branches and head office.

Source: Pakistan Today April 18, 2020 07:41 UTC