Commonwealth Bank of Australia
(ASX:CBA) is set to meet with the Finance Sector Union over the bank’s unfair social media policy, according to Business Spectator.
The policy reportedly requires employees to report any inappropriate or disparaging comments made about the bank on social media sites.
Allegedly, the two page policy, if breached could result in termination.
The Bank, in a statement to the financial news site, said it was appropriate to have a social media policy in place and would be opening dialogue with the FSU.
The Commonwealth Bank lifted its net profit to $5.7 billion in the 2010 fiscal year.