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BUA Announces 50% Salary Increment For Staff - Career - Nairaland

Nairaland Forum / Nairaland / General / Career / BUA Announces 50% Salary Increment For Staff (22405 Views)

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BUA Announces 50% Salary Increment For Staff by dre11(m): 12:30pm On Feb 18
He said the salary increment would cover both permanent/regular and non-permanent staff with effect from February 1, 2024.

NEWS AGENCY OF NIGERIA


Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board.

Mr Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mohammed Wali, BUA’s head of human resources.

The memo quoted the BUA chairman as saying that the increment was to mitigate the impact of the economic hardship currently being faced in the country.

He said the salary increment would cover both permanent/regular and non-permanent staff with effect from February 1, 2024.

“Sequel to the above development, the human resources and finance departments are processing the increase to ensure that it is captured in the February 2024 payroll.

“It is hoped that with this magnanimous gesture, we will be more committed to our duties and put in our very best to justify the confidence reposed in us,” he said.

Due to the current economic conditions in the country, negotiations are ongoing between organised labour and the government for a new minimum wage.

(NAN)

https://gazettengr.com/bua-announces-50-salary-increment-for-staff/

10 Likes 2 Shares

Re: BUA Announces 50% Salary Increment For Staff by Feintline: 12:32pm On Feb 18
If cement which is now 10-15k and you don't increase salary, then you are the same wicked blood of tinubu.

66 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by opera1(m): 1:02pm On Feb 18
After they do catch out big on Cement

18 Likes 4 Shares

Re: BUA Announces 50% Salary Increment For Staff by decatalyst(m): 1:28pm On Feb 18
Right decision to make.

This should be applauded.

However, you need to have mercy on your customers. Bring this cement price down!

29 Likes 2 Shares

Re: BUA Announces 50% Salary Increment For Staff by kingphilip(m): 3:18pm On Feb 18
As dem don de sell cement 15k how dem no go increase staff salary?

28 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by Epstein(m): 7:24pm On Feb 18
Wage inflation 50%grin

4 Likes

Re: BUA Announces 50% Salary Increment For Staff by money121(m): 7:25pm On Feb 18
So that's the Outcome of BUA visitation to Abuja

Awon Ojelu

Dangote will increase to 100%

5 Likes

Re: BUA Announces 50% Salary Increment For Staff by samogo1: 7:25pm On Feb 18
Lolz. Nice, you and I will pay for the increment by buying at 150% the previous price.

We really dodged Obi oh.
May this new cement price favour me and my building project.

58 Likes 2 Shares

Re: BUA Announces 50% Salary Increment For Staff by Intergrated: 7:25pm On Feb 18
Lol they think we are fools. Bring the price down.

4 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by Irupetepete: 7:25pm On Feb 18
😂 So we the non staff should continue to suffer..
Na the poor dey always fund the lifestyle of the rich Sha

15 Likes

Re: BUA Announces 50% Salary Increment For Staff by ibrocool(m): 7:26pm On Feb 18
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board.

This man is a generous man. He is unlike Dangote that has bought all the government officials over the years to monopolise the market and inflate price as he feels.

God bless Abdul Samad Rabiu.

11 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by Ololanla: 7:26pm On Feb 18
Is that why they increase the price of cement by 50%? Nonsense.

2 Likes

Re: BUA Announces 50% Salary Increment For Staff by gerrardomendes(m): 7:26pm On Feb 18
grin funny country. Capitalists have cashed out of the great tinubulation.

1 Like

Re: BUA Announces 50% Salary Increment For Staff by Think9ja(m): 7:26pm On Feb 18
The worst of Tinubu is better than the best of the best of the best of the very best of the Agulu lying fraudster.

Know this, and quit wailing.
Or ignore it and keep wailing

BAT till infinity

11 Likes 6 Shares

Re: BUA Announces 50% Salary Increment For Staff by FireUpNow(m): 7:26pm On Feb 18
Of course increas in prices of your products will definitely lead to more pay for the workers if not some secrets are bound to be leaked out.

2 Likes

Re: BUA Announces 50% Salary Increment For Staff by CharlesofJesus: 7:27pm On Feb 18
H
Re: BUA Announces 50% Salary Increment For Staff by LaziestYouth: 7:27pm On Feb 18
Okay
Re: BUA Announces 50% Salary Increment For Staff by InteliJ(f): 7:27pm On Feb 18
Impressive
Re: BUA Announces 50% Salary Increment For Staff by GanagiBitrus: 7:27pm On Feb 18
Re: BUA Announces 50% Salary Increment For Staff by Lovenorth: 7:28pm On Feb 18
How I wish Dangote is like BUA

1 Like 1 Share

Re: BUA Announces 50% Salary Increment For Staff by brain54(m): 7:28pm On Feb 18
Same guy that said he will sell cement for 3k...

That's right... Rob Peter to pay Paul!

16 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by Nnemuka(f): 7:29pm On Feb 18
Dangote will rather employ more Indians than increase his Nigerian workers salary.

Well done Abdul..

9 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by blaise26abj(m): 7:29pm On Feb 18
Scammer ! After Dangote reported him to the Northern elders , they have decided to team up to rip off Nigerians . Bunch of wicked entrepreneurs . What is the point of local production if there is no advantage .

He is using this salary increment to masquerade as one of the reasons he can’t bring down the price . Just watch how they will still declare a huge profit this year from a largely monopolistic market run by cabals .

8 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by ERockson: 7:29pm On Feb 18
Good one. Let's handle your water project professionally

Re: BUA Announces 50% Salary Increment For Staff by ACRI: 7:30pm On Feb 18
Monopolist, Crook Bankers/CEOs did this country dirty but this BUA seems a good man

Sudden moralist like Prof Yusuf has found their voice, when Buhari was raping the nation with his cabals and family members, the North was dangerously silent


We should start thinking of regionalism,Nigeria should go back to regions fast

8 Likes 1 Share

Re: BUA Announces 50% Salary Increment For Staff by CuriousX: 7:30pm On Feb 18
That is why his cement is 15k grin
Re: BUA Announces 50% Salary Increment For Staff by izubext007: 7:31pm On Feb 18
Dangote over to you
Re: BUA Announces 50% Salary Increment For Staff by prinsam30: 7:31pm On Feb 18
why won't they, after increasing price of cement to over 200%, failed country

2 Likes

Re: BUA Announces 50% Salary Increment For Staff by magoo10(m): 7:31pm On Feb 18
I pity salary earners in this trying times.
Re: BUA Announces 50% Salary Increment For Staff by molas02: 7:32pm On Feb 18
That is no reduction in price of cement

1 Like

Re: BUA Announces 50% Salary Increment For Staff by meum: 7:32pm On Feb 18
Na why cement add money. Chai.

So na the masses dey do contribution for this increment 😁

3 Likes

Re: BUA Announces 50% Salary Increment For Staff by blueghost(m): 7:32pm On Feb 18
It's commendable that BUA attempted to address the issue by considering a salary increase. However, when salary adjustments aren't feasible for an organization, exploring alternative solutions to improve employee satisfaction and work-life balance becomes essential.
Implementing staggered working days could indeed be an effective strategy, particularly in situations where remote work is feasible. By staggering schedules, organizations can alleviate congestion in the workplace, reduce commuting stress, and accommodate varying personal circumstances among employees.
Moreover, with advancements in technology and the prevalence of remote work tools, many tasks can be efficiently carried out from home. Offering remote work options not only enhances flexibility for employees but also demonstrates trust and confidence in their ability to deliver results regardless of their physical location.

2 Likes

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