AmeboGist:
Let me weigh into this Heritage Bank news with authentic information. I think one of the major issues that Heritage Bank has had in the past is the lack of communication when bad press begins to start, but i like this Fela Ibidapo administration, more grease to his elbows....

Now to the matter at hand, Heritage Bank laid off staff and this lay off was done late last year. all the legacy Heritage Bank senior staff and close to retirement age staff of the acquired Enterprise Bank were asked to go and their compensation started from 1YEAR BASIC SALARY (WITHOUT TAX), 1YEAR HMO COVERED PLAN FOR THE AFFECTED STAFF AND THIER FAMILIES, writing off of the existing staff loans just to name a few.

Majority of the affected staff especially those from the Acquired Enterprise Bank staff had at most 1year till retirement and 98% had trained their kids through school with most of them working in good organizations, and only a few junior staff were affected and these staff had existing disciplinary cases against them.

How does this justify anything?

It seems you are an insider hence the reason you can be quoting percentages. All I will say is what goes around comes around.

ephi123:


How does this justify anything?

It seems you are an insider hence the reason you can be quoting percentages. All I will say is what goes around comes around.

I wish it had to do with me being an inside staff, How do you expect the junior staff to grow and have career progression when a senior staff has been on the same seat for over ten years and they have refused to resign? Common lets be honest with ourselves here.

Push out the Older ones, so the younger ones can grow... simple!!

AmeboGist:


I wish it had to do with me being an inside staff, How do you expect the junior staff to grow and have career progression when a senior staff has been on the same seat for over ten years and they have refused to resign? Common lets be honest with ourselves here.

Push out the Older ones, so the younger ones can grow... simple!!

That's not the point. There is a reason we have retirement age, as long as a person is still under that age there is no reason for them to be "pushed out". It's just a wrong mentality. That a person is getting older does not mean their ability to contribute is declining. What is wrong is wrong abeg. If the bank wants to pay them off aka redundancy, then they should be transparent and say so.

AmeboGist:
Let me weigh into this Heritage Bank news with authentic information. I think one of the major issues that Heritage Bank has had in the past is the lack of communication when bad press begins to start, but i like this Fela Ibidapo administration, more grease to his elbows....

Now to the matter at hand, Heritage Bank laid off staff and this lay off was done late last year. all the legacy Heritage Bank senior staff and close to retirement age staff of the acquired Enterprise Bank were asked to go and their compensation started from 1YEAR BASIC SALARY (WITHOUT TAX), 1YEAR HMO COVERED PLAN FOR THE AFFECTED STAFF AND THIER FAMILIES, writing off of the existing staff loans just to name a few.

Majority of the affected staff especially those from the Acquired Enterprise Bank staff had at most 1year till retirement and 98% had trained their kids through school with most of them working in good organizations, and only a few junior staff were affected and these staff had existing disciplinary cases against them.

Bro/sis this is a blatant lie...
More so, the compensation has only been on paper, no monetary value yet. According to the termination letter all entitlements were supposed to be paid within 30 days of executing the letter ( from 16th December) but till date no show. Besides the compensation is meagre as management trainees got a little above 500k while executive trainees got 700k plus.
Lastly a lot of junior staff were affected without pending disciplinary issues.
#affectedstaff

GCFR696:

Bro/sis this is a blatant lie...
More so, the compensation has only been on paper, no monetary value yet. According to the termination letter all entitlements were supposed to be paid within 30 days of executing the letter ( from 16th December) but till date no show. Besides the compensation is meagre as management trainees got a little above 500k while executive trainees got 700k plus.
Lastly a lot of junior staff were affected without pending disciplinary issues.
#affectedstaff

My Chairman... How many years you don use for the Bank?

#IndulgeMe

ephi123:


That's not the point. There is a reason we have retirement age, as long as a person is still under that age there is no reason for them to be "pushed out". It's just a wrong mentality. That a person is getting older does not mean their ability to contribute is declining. What is wrong is wrong abeg. If the bank wants to pay them off aka redundancy, then they should be transparent and say so.

I agree with you but, why would you stay in one post & one position for 15years!! Na your Papa get the Bank? Moreso, they didnt get the knowledge outta the blue, it was passed to them by an older generation whom left to pave way for them to also grow as the younger generation. so why are they now building house ontop seat that can be taken at any point in time?

AmeboGist:


I agree with you but, why would you stay in one post & one position for 15years!! Na your Papa get the Bank? Moreso, they didnt get the knowledge outta the blue, it was passed to them by an older generation whom left to pave way for them to also grow as the younger generation. so why are they now building house ontop seat that can be taken at any point in time?

It is called choice. Not everyone must or can rise up the career ladder. If they are satisfied where they are, how is that anyone's problem?

ephi123:


It is called choice. Not everyone must or can rise up the career ladder. If they are satisfied where they are, how is that anyone's problem?

Same way they made a decision, the decision makers also made a decision... so why is that now our problem? after all the decision makers are satisfied....

AmeboGist:


Same way they made a decision, the decision makers also made a decision... so why is that now our problem? after all the decision makers are satisfied....

Nigerian way of thinking. Well, it's your choice to reason that way. Good luck to you all.

Real graduates should boycott these Nigerian banks for now they are time waster and destiny destroyers, imagine a fresh graduate getting a job in any of the banks and then one to two years down the line which is their normal cycle they throw the person back again into the labour market without any skills learnt no trainings or certificate acquired. This is worse for those in operations at least the IT guys do go for trainings once in a while. They should shun the banking jobs and leave it for girls yes thats it has come down to in Nigeria.

Once you can bring in money and meet targets you are alright no matter how. Sometimes the manner of their sack is selective once you are connected at the top you are covered.

AmeboGist:


My Chairman... How many years you don use for the Bank?

#IndulgeMe

What has the length of my stay in the bank got to do with the false claims they've made

#nowyouindulgeme

ephi123:


Nigerian way of thinking. Well, it's your choice to reason that way. Good luck to you all.

How is it my choice to reason that way? I am only pointing out the same point you pointed out.... After all are we not all pointers? lool

GCFR696:


What has the length of my stay in the bank got to do with the false claims they've made

#nowyouindulgeme

False claims that? They are restructuring their workforce? - I hate to break it to you darling, they did restructure their workforce and you didn't make the cut.

30 Days after termination - Biko did you include the days of no-work? After all you all claim extra leave days when your leave falls on/with a public holiday.

1 Year Basic? - Look at your offer letter and calculate your Basic and get back to us.

1 year HMO for you and your family? - You tell us....

#NowYouHaveBeenIndulged

AmeboGist:


False claims that? They are restructuring their workforce? - I hate to break it to you darling, they did restructure their workforce and you didn't make the cut.

30 Days after termination - Biko did you include the days of no-work? After all you all claim extra leave days when your leave falls on/with a public holiday.

1 Year Basic? - Look at your offer letter and calculate your Basic and get back to us.

1 year HMO for you and your family? - You tell us....

#NowYouHaveBeenIndulged

Padre I'm not all about whether or not they are restructuring. All I'm pointing out is the " adequately compensated" part as though it's a done deal;that clause is yet to be fulfilled.
If they wanted to make the compensation in a year's time they should have simply stated it in the termination letter instead of this weak leave days defence you are coming up with but I guess you know better.
You are doing a good job by the way, keep it up.

Ciao

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AmeboGist:


False claims that? They are restructuring their workforce? - I hate to break it to you darling, they did restructure their workforce and you didn't make the cut.

30 Days after termination - Biko did you include the days of no-work? After all you all claim extra leave days when your leave falls on/with a public holiday.

1 Year Basic? - Look at your offer letter and calculate your Basic and get back to us.

1 year HMO for you and your family? - You tell us....

#NowYouHaveBeenIndulged

You are lying

rychard:


The joke is on you bro...

Heritage bank isn't former enterprise Bank, heritage bank bought over enterprise Bank, same way eko bank bought oceanic and Skye bank bought mainstreet, ... Heritage bank was formerly societe general bank, ... It's so easy to just google things out and get answer, rather than say nonsense then go back to check if you're correct

Guy, I don't intend coming here to speak grammar - na facts I dey yarn!

OK, agreed, Enterprise Bank was responsible for denying and stealing their staff Severance benefits but Heritage Bank WAS responsible for eliminating the OUTSOURCED staff!
After spending years in an establishment, your payoff is just stolen - just like that! And you are here defending the indefensible? No bro, gerrahahere!

rychard:


The joke is on you bro...

Heritage bank isn't former enterprise Bank, heritage bank bought over enterprise Bank, same way eko bank bought oceanic and Skye bank bought mainstreet, ... Heritage bank was formerly societe general bank, ... It's so easy to just google things out and get answer, rather than say nonsense then go back to check if you're correct

The way some people spew poo on Nairaland is alarming! Everybody just wants to be seen to have said something, even when silence would have been appropriate. He said Heritage Bank was former Enterprise, you said NO and you said Heritage Bank was formerly Societe Generale? Really? What was left of Societe Generale when Heritage sprang up? How many staff of Societe Generale came over to Heritage? Societe Generale was dead and had zero functional branches when Heritage came up. Whereas Enterprise Bank was still alive, albeit ailing.

Bros, na wah for you o!

Alajiki:


The way some people spew poo on Nairaland is alarming! Everybody just wants to be seen to have said something, even when silence would have been appropriate. He said Heritage Bank was former Enterprise, you said NO and you said Heritage Bank was formerly Societe Generale? Really? What was left of Societe Generale when Heritage sprang up? How many staff of Societe Generale came over to Heritage? Societe Generale was dead and had zero functional branches when Heritage came up. Whereas Enterprise Bank was still alive, albeit ailing.

Bros, na wah for you o!

Long story, no point made!. So what's your point?!. I said heritage Bank was former SGBN, does it matter if they had staff or functional branch?. Hb bought their license and paid off their liabilities and took over their assets.. I'm still trying to figure the relevance of your mention, you didn't provide anything new or counter my argument... You're a fine example of what you described in your opening line... Get a life bro

trueconscience:


Guy, I don't intend coming here to speak grammar - na facts I dey yarn!

OK, agreed, Enterprise Bank was responsible for denying and stealing their staff Severance benefits but Heritage Bank WAS responsible for eliminating the OUTSOURCED staff!
After spending years in an establishment, your payoff is just stolen - just like that! And you are here defending the indefensible? No bro, gerrahahere!

If you run a business, what would matter the most to you, your business strategy to remain a growing concern or keeping outsourced staff even if they don't support your business model or strategy?. If you run your own business you would understand this...

trueconscience:


Guy, I don't intend coming here to speak grammar - na facts I dey yarn!

OK, agreed, Enterprise Bank was responsible for denying and stealing their staff Severance benefits but Heritage Bank WAS responsible for eliminating the OUTSOURCED staff!
After spending years in an establishment, your payoff is just stolen - just like that! And you are here defending the indefensible? No bro, gerrahahere!

If you run a business, what would matter the most to you, your business strategy to remain a growing concern or keeping outsourced staff even if they don't support your business model or strategy?. If you run your own business you would understand this...

I understand your point, its a business decision but it was an UNJUST DECISION. You have the right to hire and fire no doubt but why would you deny them their entitlements and fire those are are bold enough to DEMAND the RESPECT of their RIGHTS?

That is Nigeria for you - Heritage Bank didn't do anything too surprising, OPPRESSION IN HIGH PLACES!

AmeboGist:

Majority of the affected staff especially those from the Acquired Enterprise Bank staff had at most 1year till retirement and 98% had trained their kids through school with most of them working in good organizations, and only a few junior staff were affected and these staff had existing disciplinary cases against them.

Oga PRO for Heritage Bank,
Please chill with the lies.

This section quoted is a bare faced lie. The only part that is true is the part about the affected staff being Enterprise Bank staff. And that was the sole purpose of the lay of: to cleanse the remnants of Enterprise Bank.

You say only a few Junior staff were affected and those with existing disciplinary cases were the ones affected.
That is a lie as numerous junior staff were sacked for their previous attachment to Enterprise bank and NOTHING more. Senior management staff of the bank involved in scandals were left alone. Go and ask anybody.

So stop coming here to spew lies.

Staff who have been with the bank in various capacities and different names for over ten years first had their salaries reduced all in the name of paying performance based salaries, then asked to go with paltry sums of N600,000 which they promised to pay in 30 days, which is still pending.
Please don't argue about the so-called working days, because you know that is a lie as well. Just as much as the lie you've been telling your customers whose monies you have trapped and can't pay out because you have a liquidity problem and are seeking new investors to bail you out.

Tell the lies to yourselves and leave the discerning public to judge for themselves.

rychard:


Long story, no point made!. So what's your point?!. I said heritage Bank was former SGBN, does it matter if they had staff or functional branch?. Hb bought their license and paid off their liabilities and took over their assets.. I'm still trying to figure the relevance of your mention, you didn't provide anything new or counter my argument... You're a fine example of what you described in your opening line... Get a life bro

Professor Ajigijaga! I don hear you O!

BushWickBill:

Oga PRO for Heritage Bank,
Please chill with the lies.

This section quoted is a bare faced lie. The only part that is true is the part about the affected staff being Enterprise Bank staff. And that was the sole purpose of the lay of: to cleanse the remnants of Enterprise Bank.

You say only a few Junior staff were affected and those with existing disciplinary cases were the ones affected.
That is a lie as numerous junior staff were sacked for their previous attachment to Enterprise bank and NOTHING more. Senior management staff of the bank involved in scandals were left alone. Go and ask anybody.

So stop coming here to spew lies.

Staff who have been with the bank in various capacities and different names for over ten years first had their salaries reduced all in the name of paying performance based salaries, then asked to go with paltry sums of N600,000 which they promised to pay in 30 days, which is still pending.
Please don't argue about the so-called working days, because you know that is a lie as well. Just as much as the lie you've been telling your customers whose monies you have trapped and can't pay out because you have a liquidity problem and are seeking new investors to bail you out.

Tell the lies to yourselves and leave the discerning public to judge for themselves.

I wish I was PRO for Heritage Bank oooo, my pocket go dey sweet now!! Anyways take this as a lesson so when you run your own organization you can do better!!

AmeboGist:


I wish I was PRO for Heritage Bank oooo, my pocket go dey sweet now!! Anyways take this as a lesson so when you run your own organization you can do better!!

So if you aren't then why are you peddling these bogus lies?
And the issue here is nit about me or how I run my business.
Heritage bank dismissed a lot of staff unjustly simply because they were not legacy staff of theirs.
They claim the dismissed staff were compensated but you know it's a lie.
You come here telling us the category of people dismissed (another untruth) and how they had disciplinary cases (a further lie).

So why won't I call you PRO given your tendency to defend the company despite the unjust nature of these dismissals?

You have not responded to the issues I have raised about the actual compensation or the fact that heritage bank has a liquidity issue that is limiting customer withdrawals to a certain percentage if their balance.

You did not address the issue of how the bank reduced salaries of the dismissed staff in the name of performance induced pay.

You decided to turn the argument around and make it about me.

I see I have been wasting my time debating with a liar and a fraud who like the institution he represents is everything that is wrong with this entity called Nigeria.

You would do well to avoid quoting me because you have absolutely nothing to say and I value my time.

BushWickBill:


So if you aren't then why are you peddling these bogus lies?
And the issue here is nit about me or how I run my business.
Heritage bank dismissed a lot of staff unjustly simply because they were not legacy staff of theirs.
They claim the dismissed staff were compensated but you know it's a lie.
You come here telling us the category of people dismissed (another untruth) and how they had disciplinary cases (a further lie).

So why won't I call you PRO given your tendency to defend the company despite the unjust nature of these dismissals?

You have not responded to the issues I have raised about the actual compensation or the fact that heritage bank has a liquidity issue that is limiting customer withdrawals to a certain percentage if their balance.

You did not address the issue of how the bank reduced salaries of the dismissed staff in the name of performance induced pay.

You decided to turn the argument around and make it about me.

I see I have been wasting my time debating with a liar and a fraud who like the institution he represents is everything that is wrong with this entity called Nigeria.

You would do well to avoid quoting me because you have absolutely nothing to say and I value my time.

Okay i am gonna say this for the Last time, I am not PRO for Heritage Bank, i just happen to find out facts before jumping into conclusion, now these are the answers you requested

If you know the legacy staff of Heritage Bank, then you would know that ALL of them were sacked - These were the people that started the Bank before the Bank opened its doors to the general public. Compensation like i said, 30working days never finish na? Why is it that people only like a policy when it favours them?

Liquidity issue? Are the customers getting their monies Yes/No? http://www.thisdaylive.com/index.php/2016/12/05/heritage-bank-safe-sound-profitable-says-sekibo/ Please read that article and you will be enlightened.

So because the Bank decided to restructure the salary of Staff and give more incentive to HARD WORKING staff, you are now vexing? Oga if you worked hard, met your deliverables and possibly exceeded it you would have been paid your UNTAXED incentive, After all when you received your total package was it not better that your previous package? so please miss me with that BS. If you didn't like it, you could walked outta the door, collected your compensation and run your own business, where you can be dashing undeserving staff monies they don't deserve.

So please Oga, the minute you realize that any Bank and not only Heritage Bank is a business that has to provide returns to the stakeholders who put money together to setup the business and NOT A CHARITY ORGANIZATION, thats when you will be enlightened.

So my evil minded, Bitter speaking, ex-employee undeserving employee of Heritage Bank, get off your entitled horse and strive to do better....

My twin bro has not been compensated yet he is a full staff, heads one of their branch in lag here. Heritage Bank is so useless.

uniquekunle:
My twin bro has not been compensated yet he is a full staff, heads one of their branch in lag here. Heritage Bank is so useless.

Let him sue the bank or better still report them to the relevant authorities for breach of agreement. It's that simple na, let's take our lives into our own hands!

AmeboGist:


If you know the legacy staff of Heritage Bank, then you would know that ALL of them were sacked - These were the people that started the Bank before the Bank opened its doors to the general public. Compensation like i said, [b]30working days [/b]never finish na? Why is it that people only like a policy when it favours them?

The letter of dismissal did not say 30 working days for compensation.
Get that fact right before you come jaunting here with your oblique analysis.

AmeboGist:


Liquidity issue? Are the customers getting their monies Yes/No? http://www.thisdaylive.com/index.php/2016/12/05/heritage-bank-safe-sound-profitable-says-sekibo/ Please read that article and you will be enlightened.

guy shut the hell up.

I have several accounts with the bank, and I know how hard it is doing transactions as when due because I cannot access the funds. I always get one explanation or the other as to why my transaction cannot be completed on a regular basis. Hence I know there is trouble behind the scenes because I am not dull as to not know what is going on behind the scenes.

And if you were Sekibo, would you admit that your bank was having issues, even if it was obvious to the public that you were so as to upset depositor's confidence?
Or do you think the public is as gullible as the online fo0ls you tend to deceive with your hocus-pocus?

And when I call you PRO, you start hyperventilating unnecessarily.

AmeboGist:




[s]So because the Bank decided to restructure the salary of Staff and give more incentive to HARD WORKING staff, you are now vexing? Oga if you worked hard, met your deliverables and possibly exceeded it you would have been paid your UNTAXED incentive, After all when you received your total package was it not better that your previous package? so please miss me with that BS. If you didn't like it, you could walked outta the door, collected your compensation and run your own business, where you can be dashing undeserving staff monies they don't deserve.[/s]

Hahahaha.
The biggest foolery I've read.

I know staff who were sacked. So count me out of your unnecessary verbiage.
Those sacked staff were very efficient within the lines that the useless bank provided and gave me adequate information as at when due.

In that light the above is null and void and undeserving of a response.

AmeboGist:


So please Oga, the minute you realize that any Bank and not only Heritage Bank is a business that has to provide returns to the stakeholders who put money together to setup the business and NOT A CHARITY ORGANIZATION, thats when you will be enlightened.

So my evil minded, Bitter speaking, ex-employee undeserving employee of Heritage Bank, get off your entitled horse and strive to do better....

you are so full of sh1t.
It is your father and mother that is bitter and underserving of ever being alive.

I am not an ex-employee of that walking corpse of a bank. Tufiakwa

If that is your best retort, then I should never have bantered with you because you are so narrow minded.

Even if it is a business, as far as it is a publicly quoted company they are NOT immune to scrutiny of their activities and processes. As a customer of the Bank, I have every right to voice my opinions about a bank whose performance has been absolutely nothing to write home about and as such it is hardly surprising that there is so much heat generated by this recent actions.

BushWickBill:
The letter of dismissal did not say 30 working days for compensation.
Get that fact right before you come jaunting here with your oblique analysis.

guy shut the hell up.

I have several accounts with the bank, and I know how hard it is doing transactions as when due because I cannot access the funds. I always get one explanation or the other as to why my transaction cannot be completed on a regular basis. Hence I know there is trouble behind the scenes because I am not dull as to not know what is going on behind the scenes.

And if you were Sekibo, would you admit that your bank was having issues, even if it was obvious to the public that you were so as to upset depositor's confidence?
Or do you think the public is as gullible as the online fo0ls you tend to deceive with your hocus-pocus?

And when I call you PRO, you start hyperventilating unnecessarily.

Hahahaha.
The biggest foolery I've read.

I know staff who were sacked. So count me out of your unnecessary verbiage.
Those sacked staff were very efficient within the lines that the useless bank provided and gave me adequate information as at when due.

In that light the above is null and void and undeserving of a response.

you are so full of sh1t.
It is your father and mother that is bitter and underserving of ever being alive.

I am not an ex-employee of that walking corpse of a bank. Tufiakwa

If that is your best retort, then I should never have bantered with you because you are so narrow minded.

Even if it is a business, as far as it is a publicly quoted company they are NOT immune to scrutiny of their activities and processes. As a customer of the Bank, I have every right to voice my opinions about a bank whose performance has been absolutely nothing to write home about and as such it is hardly surprising that there is so much heat generated by this recent actions.

Chai!! See finishing! Bros, you no send at all, o....