ZENITH BANK SLASHED SALARY DESPITE HUGE PROFITS AMIDST HIGH INFLATION ZENITH BANK SLASHED SALARY DESPITE HUGE PROFITS AMIDST HIGH INFLATION
Zenith Bank Plc is one of Nigerian’s largest Banks with current shareholder base of over one million and the biggest tier1 Bank in Nigeria.
The Bank is ranked as one of the most profitable Bank in Nigeria with profits of : N99.27Billion in 2014, 105.66 Billion in 2015 and 6months profit of 44.67Billion in 2016.
Given the above robust profitability, handsome global rating and the Bank’s international recognition, one would reasonably expect the best labour practices and welfare package for the employees who are the key profit drivers. However, Zenith Bank is the least paying Bank in Nigeria with myriads of anti-labour practices ranging from intimidation of staff, forceful resignation without pay and arbitrary dismissal of workers without due regards to their fundamental human rights. In August 2016,Zenith Bank recklessly slashed worker’s salaries by 30% despite declaring huge profit of 44.67 Billion as at June 30,2016.The Bank has stopped some staff allowances without due consultation as labour act 2004, stipulates.
There’s currently an air of despair and awe among staff members and morale on the lowest ebb, which may consequently affect their productivity as they feel neglected and intimidated by the Bank they toil day and night to move forward.

OK

What sort of thing is this, workers toil 4rm morning to night to make sure the bank moves forward and at d end of d fiscal year, u make profit and u deem it fit to marginalize ur workers by reducing their salary

Naija which way

Naplucy:
ZENITH BANK SLASHED SALARY DESPITE HUGE PROFITS AMIDST HIGH INFLATION ZENITH BANK SLASHED SALARY DESPITE HUGE PROFITS AMIDST HIGH INFLATION
Zenith Bank Plc is one of Nigerian’s largest Banks with current shareholder base of over one million and the biggest tier1 Bank in Nigeria.
The Bank is ranked as one of the most profitable Bank in Nigeria with profits of : N99.27Billion in 2014, 105.66 Billion in 2015 and 6months profit of 44.67Billion in 2016.
Given the above robust profitability, handsome global rating and the Bank’s international recognition, one would reasonably expect the best labour practices and welfare package for the employees who are the key profit drivers. However, Zenith Bank is the least paying Bank in Nigeria with myriads of anti-labour practices ranging from intimidation of staff, forceful resignation without pay and arbitrary dismissal of workers without due regards to their fundamental human rights. In August 2016,Zenith Bank recklessly slashed worker’s salaries by 30% despite declaring huge profit of 44.67 Billion as at June 30,2016.The Bank has stopped some staff allowances without due consultation as labour act 2004, stipulates.
There’s currently an air of despair and awe among staff members and morale on the lowest ebb, which may consequently affect their productivity as they feel neglected and intimidated by the Bank they toil day and night to move forward.

Bring the sauce so I can swallow this yam na

chriskosherbal:
OK

if no be say condition make crafish bend waiting be banking work, abeg free. me oooo

and correct bank like access just reviewed salary upward by 10percent as a result of profit made

cant other banks just be like them?

engrrichie92:
and correct bank like access just reviewed salary upward by 10percent as a result of profit made

cant other banks just be like them?

Will not advice anyone to bank with access, their charges are very high and spiritual - you will just be getting alert for one debit or the other.

otokx:


Will not advice anyone to bank with access, their charges are very high and spiritual - you will just be getting alert for one debit or the other.

Lol... my experience with them has been totally different, theyve been wonderful so far

was even talking about the salary increment in this economic recession where banks are mass sacking..that was just epic for me!