Currently, some banks have purchased digital signatures for organization and manager levels. These digital signatures are employed to sign employment contracts and seamlessly integrate them into the Human Resource Management (HRM) system. This implementation significantly expedites and streamlines the process.
However, from the labor side, they still have to sign the labor contract manually. Employees are required to print out the contract on paper, physically sign it, and then return the signed document to the bank’s HR department. This procedure results in the expenditure of time, effort, and delivery costs, especially for employees stationed in branches located far from the bank’s central headquarters.
Such labor contracts then need re-scanning and uploading on the system to store, so the process seems quite time-consuming.