FIRST BANK ENGAGES IN UNFAIR LABOUR PRACTICE, TERMINATES APPOINTMENTS OF ABOUT 300 STAFF WITHOUT PAY.

While the MD/CEO of first Bank is blowing his trumpet for promoting 3000 staff, he was deliberately silent on the fact that, this is the first promotion exercise in the Bank for the past three years.

He is also provocatively silent on the over 300 other staff he has sent out of the Bank by terminating their appointments in one swoop, with payment of only one month salary in lieu of notice. Both letters of promotion and the sack letters were released simultaneously and so one wonders why the MD/CEO chosed to blow a loud trumpet on one and left out the other.

We gave the Bank our youthful age and strength, serving for periods spanning between 10 to 33 years only for us to be served with a LETTERS OF TERMINATION on Monday 14th August, 2017 on the ground that OUR SERVICES ARE NO LONGER REQUIRED. The letter went further to state that we will be paid my salary up to the date of the letter (11/8/2017) and one month basic salary in lieu of notice. What a callous management? As if that is not enough, the letter states further that we will be advised of our respective indebtedness to the Bank for us to pay. 

We understand this includes the rent arrears that was given to us in January, which we paid to our landlords. We don't know if they actually expects us to go and ask the landlords to return it for us to return to them. 

The management is also practicing discriminatory policies. Recently, some management staff who were laidoff were paid one year entitlements while the middle management is being laid off without pay. 

What an unfair labour practice. This is modern day slavery and we will resist it with the last drop of our blood."

First Bank Terminates 300 Staff- Let the World Hear Our Story. In 2016 First Bank made a restructure where more staff were realigned and all staff within the grades of AM to Manager in Services were moved to Marketing which was okay. However, along the line the Staff in these grade were eventually displaced. This was where all the middle management staff unfortunate sojourn started. Management in their confusion named us Special Retail Team (SRT). We were huddled into a department as it were to internalise marketing skills. It wasn't up to three months they changed our name/department to Special Recovery Team (SRT). Our job was to dig out all written off accounts, meet with the customers and recover the funds. Against all odds of economic recession, inability to locate the customers for various reasons including deaths and possible relocation we took up the challenge. We made huge recoveries. For instances in my BDO we were able to recover in less than a year above N500 Million Naira. The figures are there for verification. Same could be said of most BDOs. But the imbeded hate and desire to do away with these crop of middle management AMs, DMs and Manager Grade had beclouded management's good sense of judgment. For the past 3 years they eventually promoted staff and surreptitiously nailed us with Termination Letters where of course we never committed any offence let a lone fraud crime. My team was never issued any performance query neither had we faced any DC since we found ourselves in SRT. They now handed a sanction on us without any offence or crime. The painful and unjust aspect is that management has killed our careers by the term Termination instead of Retirement or Disengagement. This is because no new employer or any other place of endeavour will take a terminated staff as a man of integrity and achiever. The choice of Termination Term is for management to evade the payment of severance package as stipulated in our hand book. Management should be asked our offence and get it substantiated. How can everyone in all SRT department bankwide be non performers. This act is a cumulative of what lower staff members have been suffering silently without a voice since 4 years running whilst the top management favour themselves with mouth watering packages as they ease off. Our prayer is that the Termination Letters should be commuted to Disengagement or Retirement and the attendant package speedily paid to us in full. We sincerely hope and appeal that well meaning Nigerians should heed our cry and come to our rescue so as to stop this obnoxious policy in First Bank and save those staff who are still in the employment of the bank in future.

cc: lalasticlala

Would you people shut up self.
Is it a crime to sack someone again? One cannot sack in peace again? Is it your father's company?
Rubbish!!!!!