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debosky (m)
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sounds complicated indeedbut at least based on the only figures available, it is nowhere near the 50% 'slash' being claimed by some alarmistsits closer to a 25-28% drop, meaning it is still well above the salaries paid in August before the near 100% increase (please correct me if I'm wrong  ) From sonye's comments, it seems the tie to productivity bonus was given as the reason for the drop, it remains to be seen how this will be implemented, but its safe to say that no one should plan based on anything above the 'regular' pay and see the bonus as simply that - a bonus. This is not necessarily as bad as is being painted, except that people are (understandably) very emotional about their pay checks, especially in Nigeria with the prevailing sense that you're always being shafted/cheated by someone. The company probably could better communicate these changes better - your people are your greatest asset and may not have been treated in the best manner by this process. First it was T24 failure, now its VISAPHONE and Ovia's other businesses resulting in the pay cut, and even being the reason behind the share sales!   Nigerians just love to speculate and spin wild stories from their imaginations. Ovia started another telecoms project before this one and still went on to increase salaries, so what happened then? Or what about when he started Zenith Pension funds? Were salaries cut then? I think the best way for ZB to clear this up would be in the annual end of year newsletter/email to staff explaining these changes. Set your workers at ease so they can truly be productive and be carried along with the institution's vision. |
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Ismile (m)
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Hi, Konye and co. In as much as I feel what you are saying about salary cut and the effect on the workers if it comes to be true, I want to raise a personal observation which I think is fundermental. Why were you not shouting on top of your voice last two months when your salary and allawances were almost doubled by the same bank. When its sweet, you keep them to yourself but now that you heard (and not yet implemented) about salary cut, you rushed to the forum to run down the company that you are earning your living from. It is not ethical. What of if the whole thing come out to be false?  Would you still go ahead and resign? ?? Please note that I am not working for Zenith bank. I only have friends who do. |
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Abeem (m)
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Hi, Konye and co. In as much as I feel what you are saying about salary cut and the effect on the workers if it comes to be true, I want to raise a personal observation which I think is fundermental. Why were you not shouting on top of your voice last two months when your salary and allawances were almost doubled by the same bank. When its sweet, you keep them to yourself but now that you heard (and not yet implemented) about salary cut, you rushed to the forum to run down the company that you are earning your living from. It is not ethical. What of if the whole thing come out to be false? Would you still go ahead and resign? ?? Please note that I am not working for Zenith bank. I only have friends who do. This is a good case study for a Business Ethics class. Ethics is about rights and obligations - what others owes me (rights) and what duties I owe to others (obligations). It is a two-way traffic. Oftentimes ethics and morality are used synonymously. To act ethically or morally is to act in accord with a belief system and controlling values. This belief system in turn leads the individual to a set of ethical principles that are non-negotiable in whatever situation the person is in and hopefully, they (the ethical principles) would propel the person to a commitment of higher ethical standard. As a responsible business organization, I am sure the bank has a set of values and code of conduct. For most businesses, these core values and code of conduct merely exist on papers and does not reflect on the company's relationship with its stakeholders. In short they merely pays lip service to them. I will be surprised if this is not what happened in this case involving Zenith Bank and its staff. Acting ethically involves analysing the ethical implications of the proposed action especially when it affects your staff and by extension their dependents, and, other stakeholders. For example, Is it ethical for Zenith Bank to increase its staff salary only to turn around to cut the same salary by a factor of 50%? Is it ethical for Zenith Bank's to embark on the exercise without giving adequate notice to their stafff to make alternative arrangements to source funds for their use during the yuletide? Is it ethical for a company not to consider the pros- and cons of its actions before implementing them? Is it ethical for the bank not to disclose the truth regarding the reasons for the salary cut to its staff? The human resource of an organization is the pillar of its competitive advantage. Doing whatever to make them happy helps both in the short and long run to sustain the advantage over your competitors. You don't just wake up one day and reverse policies without giving adequate notice to your staff to adjust their financial status. |
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cabali (m)
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@Cabali
Why i'm i even arguing with a F@#cking bank clerk Idiot ?
and he can't write good english!! What else are we going to find out?? |
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msanda (m)
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Before you go screaming ur cute little' marketing a$s off about "breach of contract" try reading the details of your contract. Or you were to ecstatic about the offer when u got it? C'mon, grow up and quit whinning, if u don't like it, get out! There's nothin' in the contract that says they can't change the salary structure. Then inform you afterwards.
If you don't like it, you can walk.
And to the dude that called first bank foolish because they returned the dough for oversubscription, "without interest",you said? That is so so ---- I know not how to yabb u adequately! That is why it is called oversubscription! Too much, take your money! We told you if this happened, you'D get you money back! Read the fine print, it's right there on top of the form u filled (if u even bought the shares in the first place)
Ok, I do think the productivity bonus thingie by Zenith was kind of daft, especially considering GTB just dropped the stoopid idea in July (after a mass exodus, of which I was a part of---gladly, too). But really, we, employees everywhere, need to quit this habit of just staying somewhere, whinning, beefing, but not rejecting the "small money" at the end of the month. If u dnt like d job, do the honorable thing, resign!
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dreal (f)
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they have slashed it true true.its actually still the same figure but a lot of it is called profitability something or the other
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olat (m)
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I have read through the posts, having been in the industry for a few years now, I will like to state as follows:
1. Zenith bank did a review like 2-3 months to compete with Oceanic bank who has just concluded a review at that time and was enjoying high 'in-flow' of experienced bankers from the entire industry including Zenith. That was an unhealthy competition and the recent development is an obvious indication of over-streching beyond your capacity. POOR MANAGEMENT decison! No more, no less. Let me reiterate here that since Apr. 2002, Oceanic bank has always been paying ahead of the pack except once when ETB overtook them.
2. Not paying your staff uptill December 21st also smell rat. Bankers receive their December salary on or before 15th, just like some other industries/organisations. The obvious fact is: Zenith is in 'trouble'. But its not peculiar to Zenith. The situation is also not strange in Zenith. They 've been through worse situation before. Zenith is like a cat with nine lives. Zenith is an HNI (High Networth Individual)bank, with major interests in mega projects. Thats just typical of the business they r doing.
3. It may not be all correct to think the reversal was due to the failure of the Temenos T24 Globus implementation. But its also not too wrong to speculate because of the coincidence. I have been part of various Globus (previous versions of T24) implementations/upgrades in a few banks in Nigeria before. I must say that Temenos T24 is the best available banking application in the world as of today. But its very true that we are VERY POOR in implementation here in Nigeria. We readily JETTISON PROFESSIONALISM AND STANDARDS! Thats the bane of the problem. I must curiously add that Zenith has been on this implementation over two years ago, they should have faired better. Yes the project did not fail, but the implementation did FAIL! Testing? You don't test in a live environment, you may test with live data in a test environment. I have my friends in the implementation team both as staff as well as consultants.
4. Konye was right. We've all seen that. She also has the right to complain bitterly. This is because during the 'pay war' between Oceanic and Zenith, many bankers from other banks were being careful in their career move between Oceanic and Zenith. Infact staff of those two banks also take their decision to either stay or cross-over. She may just have been shown that her decision was wrong! That could be very bitter if she had other other options at that time. It is also an expression of high-level arroagance NOT TO COMMUNICATE with your staff when such happen. Atlease they communicate the pay rise to them at that time. All that was before BankPHB and GTB go 'bullish'. Now the 'madness' had spread to First Bank, Sterling among others. Firstinland and Ecobank will joing in January. A piece of information here!
5. Finally, on GTB, the most respected bank in Nigeria. Those lads had to shutdown the entire internet banking platform initially before coming up with limited and now came up limited service on their internet banking application as they could not contain the level of fraud. Theirs is an example of a good process with poor control. I believe they are learning now. Control should be 'built-in' rather than 'iced-on'.
Cheers all!
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speciexl (m)
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debosky: big ups to you dawg, u put it fine kind of like the most sensible thing anyone has said here on this forum, Actually, the pay cut's 31% for some levels, up to manager, 41% from managers, en 50% for those who entered the bank after october, crazy innit eh!!! imagine those who left other banks for zenith, ?, no i don't want to, cuttin entry level pay from196k to 88k, aint my idea of restrategizin,, cuss 'em!.  I think ismile needs a lesson on ethics first before he opens his mouth to say some'fin he has no idea of, lay man that he is, Abeem please for our sake, give him that lesson, En msanda, i feel you dawg, but if u'D been with da bank for the past three or four months en undergone the pressure we all went through, u'D undastand how we're all felin rite now, for chrissake i was shot at by robbers when leavin my workplace around 12 mid night because of T24. I never complianed dude, because i believed if all this work reuslts in that kind of pay rise en much more, then what the heck. i only thanked mah stars i wasn't dead, but then the T24 thingie was stopped en we went back to phoenix, which meant all our mths of hard work all went down the drain. Did you know that we had to redo all we did on T24 again on phoenix, as we did from phoenix to T24? ? dude they gave us only two days for that, en we were at work all day every weekend. en as if that wasn't bad enough, they do this,  I knew the kind of job i was goin into when i accepted their offer, although i must say, i am surprised at how things have finally turned out. we all pray for changes, good ones that is, en when or where we can't find it, we move on, en that's why i'm takin ur advice dawg en doin da honorable thing,  Hola your homeboi, |
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joshjosh (m)
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Nigerians and fraud.
how do people think they can have good lives just stealing and using what they didn't work for? one of the reasons things are very expensive over there is most businesses add whatever they have lost to the few they have left plus the cost of security.
the bank has alway been a magnet for fraudsters mostly within. i remember some years ago an expertraite died and young boys and girls in the banking hall thought nothing of just going into their account to be withdrawing money. whenever someone marked the ledger cards as deceased some fools just come in create a new card and the gravy train continues. others will just do fake drafts out of some business or rich man account account. all sort of frauds now some jerks are spoiling the efforts to use the net.
thanks to the internet i have not gone into any bank for the last 5yrs. the nearest i have been is to a cash point. that is not to say there are no frauds or attempts to do them but it is not as rampant as it will be for a society that banks are trying to make life easier.
is there something in our blood that makes us theives or it is the air we breathe? do people still go to jail in that part of the world when caught?
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Don1DeMaco
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what has this got 2 do with the people who have had their salaries slashed??? please educate me. and for ur info commiting fraud has nothing to do with where u come from. u nigerians just like glorifying urselves as fraudulent people. why i don't know. ?? fraud is being commited everywhere and by everybody and the best of them are those that do it without u realising it, |
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Honda29
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@Joshjosh,
Fraud is a worldwide thing. I have been scammed in London, not by blacks but by whites. Our crime problem is particularly challenging because of the breakdown of the infrastructure for managing such menace. Crime magnify when people realise they can get away with it and people are getting away with so many atrocious things in Nigeria. Even some of the so-called successful banks thrives on facilitating crime (some banks helped Ibori and co. to rob their state's treasury blind).
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sixfoot+ (m)
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Konye is very much correct in all ramifications especially when one decides to be very objective and logical. I earnestly beg to disagree with frankbonus, I don't know the angle your logic is coming from. Am equally disputing the comment made by dibosa187. Dibosa 187 made allusions to the fact that konye was misleading the public. For the avoidance of doubt, dibosa 187 is not in touch with reality because if he/she were to actually be a zenith staff, he /she was supposed to be fully informed on the issue. How do u justify the fact that I was paid 196k for the last two months only for J.O and cohorts(ill advised management),to cut my salary to 136k. I am not an ingrate anyway but there is supposed to be a justification for the slash. Besides who asked J.O to increase salaries he cannot sustain. this is pure politics, they felt people were leaving the bank and so they made a juicy offer by way of salary increment in order to retain people. They have succeeded and so they reverted to a pay slash. I will make the copies of the salary increase and the salary slash available to this house so you can see the foolhardiness in the management of the unfocused entity-zenithbank. The software switch they spent money on,was very unsuccessful and the bank conservatively lost billions of naira during the unsuccessful and uneventful cut over to the much vaunted temenos 24. the truth of the matter is that the bank is headed for the rocks. Am just waiting for my february upfront after which I leave the bank for good. I welcome objections from some of my overzealous colleagues.
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Shaunscot (m)
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Well,I don't want to raise unneccesary alarms but Zenith Bank might realy be in some financial crisis.This could probably be due to the T24 Migration.
I failed to mention earlier that apart from the fact that they lost money they lost during Migration, Zenith also lost a lot of Money during the 1 week period they were running T24.
A friend of mine got a Job with Zenith Bank,resigned his job only to show up at Zenith on his resmption date and he was told he would be contacted some other time as to when he should resume.
Now if this was someone without a previous job,it would have been understandable.
First the Pay Cut and then a Suspension of all recruitment process.
I hope they get their acts back on time though
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dremoney (m)
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hhmn,
i continuosly advocate for freedom of expression but not necessarily forcing ur opinion on people and sm posters r trin to do here!!!! huh!!!
its possible Ovia failed with his Concept but the fact stl remains he kept d bank up and running for years (which d poster cannot/canneva do), The bank presently stl pays ur bill and if 4 whatever reason ur nt satisfied wit wats hppning,u av d option of resigning wit ease.
On d profit issue, banks actually do make huge profits because the economy (though destroyed) is large and fatile enough for them to make good money.So many opportunites are abound in Nigeria and the difference between the rich n poor is INFORMATION (so beta nt talk bout what u dnt kw).
Point is,the capital base afta consolidation is nt even half enough for them to compete in the World market and thus the need i think for them sourcing for funds at interval, They still need more money to operate, Huge investments require more money, The banks are expanding and Financila institutions overseas too are exposed to as much risk as the one's in Nigeria (no need to panic),
Nigerians banks run the economy, they are really really really putting in their best to make Nigeria grow inspite of d very very bad economy we have (plz 4 chrissake,stop talking about what u dnt kw, If Ovia fails in a business (its normal as we r nt all perfect which hppns in a business).
I respect Jim Ovia anyday sha.
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Finecat (m)
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@sixfoot
Look here Bro', I'm so sorry for what your bank is going through right now but it's a wave. Mark my words, this thing will not stop at Zenith. Some of these banks are in serious financial mess and that's why they keep running to the market to raise funds. Even the fed. Govt. is scared of impending distress in the banking sector.This is only a tip of the iceberge, i would be surprise if some of them don't start a retrenchment of junior workers or buy-off for some senior staff. I used to deal with some big guys in the banking industry, and from what i heard things are not looking pretty at all. It's the reason i have not invested in their stocks yet. I buy petrochemicals stocks these days. I hope everything works out fine for you guys.
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dremoney (m)
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@sixfoot
Look here Bro', I'm so sorry for what your bank is going through right now but it's a wave. Mark my words, this thing will not stop at Zenith. Some of these banks are in serious financial mess and that's why they keep running to the market to raise funds. Even the fed. Govt. is scared of impending distress in the banking sector.This is only a tip of the iceberge, i would be surprise if some of them don't start a retrenchment of junior workers or buy-off for some senior staff. I used to deal with some big guys in the banking industry, and from what i heard things are not looking pretty at all. It's the reason i have not invested in their stocks yet. I buy petrochemicals stocks these days. I hope everything works out fine for you guys.
it's obvious u know litu or nothing about financial institutions and the way they operate, Na buying of shares from 1 sector to another b your work so leave it at that. which financial mess? wats d capital base of the smallest bank in America/even SA? wats d capital base of the biggest bank in Nigeria. Banks inability to issue soft loans for SME's is one of the major set-backs of Nigerian economy and u cnt blame them because they dnt really have the money to spare on highly risky borrowers. The more money they have,the more they increase issuance of loans and other investments which directly or indirectly builds the economy. u talk about federal govt,tel me exactly what makes u think the federal govt kws what they want!! do u thnk they're worth the posts they av nw? who amongst them is well qualified?they r all quacks!!! tnk God for Soludo who broke the Agency problem in our banking sector to an extent and made them stronger, FG sef na minus 1 on this issue. SME's contribute a very large % to the GDP of UK economy. Witout SME's,UK and other developed countries r gone, that is d phase wr r goin tru in Nigeria. sourcing for funds doesnt mean they're in a financial mess, its primarily a concept behind growth and expansion, In Finance (Banking as a case study), d more your growth (more profits u declare n vice versa). |
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otokx (m)
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194K per month and your complaining; please swallow your spittle and do your job. Zenith Bank is being very realistic.
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Finecat (m)
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@Dremoney
How much do you get paid by Zenith bank? You are doing a poor PR job for them. Listen to NDIC's chairman and you will have a re-think about the strength of these banks. One of the best banks in South Africa is stronger than all the Nigerian banks put together. Most of the figures being tossed around by these banks are paper figures. How can the banks account for these huge profits in the face of a bad economy and a global credit crunch.
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dangote1
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konye,its a pity u busy exposing ur zenith because them dey help u save part of ur salary,afterall u will get the balance by september based on ur performance, besides i wonder what u really contribute to the commonwealth of the bank,my dear lets be greatful,ur salary was trippled within 2years,u no announce for nairaland make people hail jim ovia,now u talk and talk and talk,please leave zenith alone
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Honda29
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@Dangote1,
You meant Konye should shut up because her salary was tripled in 2 years right? The salary na dash or abi na money wey she work her arse like mad for? Employers of labour in Nigeria really need to start getting it!!. Your staff now have a democratic medium of making you look real bad to the whole public should you treat them like shxt. That medium is called the internet.
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speciexl (m)
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@Dangote1 see wetin u dey yarn for mouth eh. O boi i wish say i sabi u make i re-arrange that ya mumu face with blow!!!! u get work sef? because na people wey never commot for dier papa house na I'm all dose small figures like 150k or 194k dey shak!!! ol boi no make i vex unleash them shigidi on top ya head o. u ma fit go find work wey u go dey sweat, another man naim go dey enjoy ya sweat, woobian boi!!!!!! |
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redsun (m)
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Watch out for a bank that is going bankrupt,failed management,instead of increasing,they are slashing,with all its good publicity and fame,it is still a cowboy set-up,no managerial pattern with total disregards for the staffs,more like running a family than a company,oga patapata,nigerian style.
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Don1DeMaco
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konye,its a pity u busy exposing your zenith because them dey help u save part of your salary,afterall u will get the balance by september based on your performance, besides i wonder what u really contribute to the commonwealth of the bank,my dear lets be greatful,your salary was trippled within 2years,u no announce for nairaland make people hail jim ovia,now u talk and talk and talk,please leave zenith alone
This guy be mumu, na her papa company wey no go make am complain say them reduce the salary wey she work for, or she tell u say she be red cross, if she no do her work them go pay am? who send them message to save her salary na her business if she wan finish the money this xmas no be why she dey work?? or she tell u say na pocket money. if she no dey contribute make them give am query for non performance not reduce her salary, why should she be grateful that her salary was trippled in 2 years? if the pay rise no necessary them go triple am, person wey wan chop frog with egg suppose fit pay 4 am, if u claim to be a leading bank in nigeria with the best human capital to keep these people u should put ur money where ur mouth is, na people like u dey encourage public officials dey rip the nigerian populace off. i'm sure u dey hold placard for ibori release with the basis of ur argument being that he is not the only governor that has stolen? abeg if u feel cheated by anybody please cry out and stand for ur right, no employer go pay u if u no dey add value |
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odapo (m)
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To all Zenith Bank friends online,
I hope you find it in your hearts to forgive your Boss.
So many family trips were cancelled, many marriages postponed, many investment opportunities lost, many school fees might not be paid.
These are some of the bandwagon effects of this new development. It is really a big pity.
don't blame ur boss, he is trying to grow the business. I think the way he has gone about it is not splendid, but you can't just leave ur job immediately.
What you need is a plan!! A plan to save up and start ur own biz, where you have no fears for the Monday morning. I think this experience is still another reminder that we need to push into doing businesses of our own rather than working for a salary.
Think about it,
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M77311
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this is no hear say anymore, its been confirmed the Salary has been cut-down by half,
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Sweet T (m)
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i thought i share this with the forum.
Bank Consolidation: House Begins Probe in January
From Stanley Nkwazema in Abuja, 12.26.2007
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House of Representatives will next month, probe the consolidation and recapitalisation exercise carried out by the Central Bank of Nigeria (CBN), following revelations that some banks did not meet the required guidelines.
House committee on Capital Markets confirmed to THISDAY yesterday, that an investigative hearing to unravel some of the alleged shady deals has been fixed for the second week of January, shortly after the January 11 resumption date.
Honourable Aliyu Ahmed Nafada, Chairman of the Committee who spoke to THISDAY in Abuja, disclosed that the Economic and Financial Crimes Commission (EFCC), and the Independ Corrupt Practices and Other Related Offences Commission (ICPC), have been invited to be part of the hearing, so that they can follow up immediately and prosecute the bank chiefs, CBN officials and others found to have breached relevant sections of the law.
Nafada, who confirmed the terms of reference of the committee, said the members did not travel for Christmas, so that they could fine-tune details of the hearing, adding that the House will at the end of the day find out if the consolidation exercise was genuine and also verify the position of the capital verification and allotment to shareholders of financial institutions involved.
He said from the investigations so far carried out by the House, some banks have been found to have held on to investors' funds after the allotment, but must be made to return such funds with interests.
“We have found out that some investors funds have been held for more than six months.”
The banks don’t keep the funds as dormant funds , they use it to make money and return to investors without interest, but they must be made to pay the interest, as long as they keep the funds. It is illegal and not done any where in the world. People invest money to make more money. The banks are not transparent in this case and we have to ensure that investors are protected," he said.
On the invitation of the EFCC and other institutions, Wadada said “they will be there to follow up and the management of the banks found to have cheated will not be spared, but prosecuted immediately, adding that the Committee has already stopped public offers of private placements by banks, as some bank officials have been found to use investors’ funds to build estates and service personal needs, rather than inject the funds into the system.
He said the House will also revisit the laws setting up the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE), to strengthen it and ensure that investor’s funds are not used for purposes other than what they are meant for.
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EmekaNaija (m)
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@Debosky Thanks for the correction on IPOs. I really appreciate. @Honda29 Emekanaija, you are a very bad advertisement to the organisation you sought to promote. The very first line of your post threw my gaze off your post. How the hell did you secure that job with your kind of attitude. Really, don't seem to understand what you are talking about 'cause i'm not trying to promote any organization. I simply was against labeling Nigerians as low cost technical people. I know much about banking and technology and can tell you strictly that Nigerian firms are better at implementation. If you have access to banks, you can find it out yourself. It is not only Zenith, First Bank is still battling with their Finnacle implementation. UBA/STB has same problems. You can do yourself a whole lot of good by getting first hand info. And what job are you talking about? You know next to nothing about me except on Nairaland, so stop all these your assumptions and make comments strictly on what's being discussed here. Not everyone is an employee like you. @Sweet T Never mind these illusionists in this forum, when the banking bubble bursts that is when they'll realise that all that glitters is not gold. I'm really surprised that people are ridiculing Konye for not shouting when his/her salary was doubled. Zenith doubled salary in response to the competition in the banking industry and as such Konye, just like others, could have moved to other banks if Zenith did not act fast. Zenith also used it to attract other bankers to their fold. Sometimes, i tend to stick to my convinctions. I still believe that the consolidation is not what Nigeria needs just like the recapitalization exercise of Soludo. I still believe that Soludo has an IMF mindset and has not dug deep to get a Nigerian solution to our Nigerian economic problem. I still believe that Soludo has encouraged the largest fraud in the banking industry and this might be exposed by the investigation by the House of reps. I only hope they'll be sincere enough not to care whose ox is gored. |
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Sweet T (m)
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@Emekanaija
Good job Bro'.
The recapitallization is not over yet. What they are trying to do is reduced the number of banks to 5-10, so that the govt. can have a strong bank to burrow from instead of burrowing from overseas. A lot of these unfortunate bankers are still going to lose their jons in the end. The one that are smart better starts saving their money now.
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FBS
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I once worked for Zenith so I'm part of the family. It is sad salary was cut but please, there is no point crying over it. A business idea went bad is not the end of the world. If you were a business man, you would surely know how J.O is feeling right now. The only negative thing here I see, is just the way it was communicated its employees. So big up people, It will surely get better.
PS: Who knows, maybe some bigger bonus is on the way when things get better, just be optimistic.
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gfaroh
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U see we do not have a solution to all the problem we face in Nigeria.Let us start from the head.Obasanjo thief money.Him daughter thief money.All the govenors thief them own.Wayo com enter EFCC now(Ribudu going to NIPSS).We now get light.People are unemployed.No good road.No water.Armed robbery, Should I continue? 400billion dollars have been looted.U see our problem are too many and obviously no solution in sight.It is not today that banks went into fraud.We are all need to start changing our mentality.
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Abdul2007 (m)
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i think u guys should wait until u are paid before u tell nairalanders. I really respect Mr Jim Ovia he is a reputable,
renowed,respectable,responsive,intelligent Banker. I don't think Mr Jim Ovia can be irresponsible and senseless to do
what u said. Please we should not misinformed the public. I am a shareholder and i have been banking with zenith for 9years
I have assited zenith bank in getting deposit from a multinational oil and gas company. I believe that the staffs of zenith are articulate,intelligent and goal getter.
I found it hard to believe that Jim ovia we let the staffs of zenith down. I f jim ovia cuts the salary of staffs,he will indirectly cut there morale,attitude to work and loyalty to Zenith bank.
If jim ovia truly cut the salary of staffs,he will have a tough time at the next Zenith A.G.M,because the shareholders slogan will be "JIM OVIA MUST GO" he has to resign
as the MD of zenith,if he is not capable to lead zenith bank. The staffs and customers of Zenith are our cash cow, they have done a lot to make zenith a success story.
i think Jim ovia should have is head examine if He truly cut staffs salary. I also need a very responsible,caring,luving,
Very pretty,fair and bursty lady working for Zenith bank between 22-25yrs old for a serious relationship.U can call me on 08067132398,please don't flash callme.
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