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Mass Sack In Ecobank, Sacked Workers Protest (Photos) - Career (7) - Nairaland

Nairaland Forum / Nairaland / General / Career / Mass Sack In Ecobank, Sacked Workers Protest (Photos) (45970 Views)

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Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by CorperKola: 3:45pm On Jul 11
ornicus:


The bloat in most companies are the over paid executives, a large number of whom are adding zero value.

Unfortunately, the banking sector has never been unionised, which is why at the first sign of distress, the exemplary leaders throw the crew overboard.

Please spare us the right wing capitalism solves all bs.
The country that celebrates capitalism as a cure all has a shrinking middle class, those worthless drones as you call them.

This is a dangerous argument or line of thinking, the socialism and unionization part. We shouldnt be sentimental or emotional in our decision making.
Just look at the services that have been unionized.
My prime example is teachers in public service, even in america, the quality of public education is shiit, and the few exceptions still dont match up to the private sector.
Unionization gives too much power to employees and leads to reduced quality of output.
Nigerian public teachers are probably d worst, there were some that coudnt read their credentials.
And Trust politicians not to mess with unions because of votes.
So unionazation is not the answer.
The only fault is banks should downsize with appropriate disengagement compensation.
In Other climes banks can write off 2 billion dollars to restructuring cost a year for these exercises.

1 Like

Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Neoteny(m): 3:48pm On Jul 11
ornicus:



No problem there. You have never struck me as the type who could run a business either. more like some silver spoon kid who had everything handed to him and has grown into delusions of competence and ability.


Heh

Silver spoon, how dare you downgrade my birth? Anything less than a diamond encrusted platinum spoon is only fit for my dog.

But seriously you're free to indulge your wild and fanciful notions, good sir
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by ornicus: 4:12pm On Jul 11
CorperKola:

This is a dangerous argument or line of thinking, the socialism and unionization part. We shouldnt be sentimental or emotional in our decision making.
Just look at the services that have been unionized.
My prime example is teachers in public service, even in america, the quality of public education is shiit, and the few exceptions still dont match up to the private sector.
Unionization gives too much power to employees and leads to reduced quality of output.
Nigerian public teachers are probably d worst, there were some that coudnt read their credentials.
And Trust politicians not to mess with unions because of votes.
So unionazation is not the answer.
The only fault is banks should downsize with appropriate disengagement compensation.
In Other climes banks can write off 2 billion dollars to restructuring cost a year for these exercises.

you are really naive if you think the quality of public education in america is poor because of unions and not because of government neglect.

unionisation protects employees from the incompetence of corporate overlords
the banking industry has no respect whatsoever for its workers.
they are expected to work overtime without compensation
they often work for years without any form of raise or promotion, because the banks can get away with that
that is partly where all the big profits those banks declare come from.

if you're a corper, you will learn soon. smiley

i worked in a company where the management did their best to destroy the union, and the reasons became apparent when the company suffered mega losses due to the cowboy attitude of the executive finally coming home to roost.

right in front of us, people in branches of the company that were not unionised and could thus be cheaply disposed of were let go.

This after the CEO looked us in the eye in a meeting and said no one will be sacked.

I witnessed same thing this year, when some non unionised people who worked under me were let go.

these are people who worked on weekends, during public holidays, who were on call 24/7; people who had literally shed blood so the companies operations would not be hindered. they were paid less than 400k severance benefits for 10 years of work. all because of a misguided management decision that will still bite the company in the arse

some silver spoon quota system pricks will call such people lazy drones. but those drones have given far more to the company than the jokers in the executive
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by doublecross(m): 4:12pm On Jul 11
number2016:




Is good u learn something my brother bcus working for someone does not worth it and u don't know ur faith...
not for everybody
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by AwkaetitiBabe(f): 4:18pm On Jul 11
Neoteny:


Traveled.

Back now
Welcome

1 Like

Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Halo22: 4:37pm On Jul 11
I said and I will repeat again that I cannot take a banking job even for a million naira salary. The job to me is so frustrating and time consuming.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by CorperKola: 4:47pm On Jul 11
ornicus:


you are really naive if you think the quality of public education in america is poor because of unions and not because of government neglect.

unionisation protects employees from the incompetence of corporate overlords
the banking industry has no respect whatsoever for its workers.
they are expected to work overtime without compensation
they often work for years without any form of raise or promotion, because the banks can get away with that
that is partly where all the big profits those banks declare come from.

if you're a corper, you will learn soon. smiley

i worked in a company where the management did their best to destroy the union, and the reasons became apparent when the company suffered mega losses due to the cowboy attitude of the executive finally coming home to roost.

right in front of us, people in branches of the company that were not unionised and could thus be cheaply disposed of were let go.

This after the CEO looked us in the eye in a meeting and said no one will be sacked.

I witnessed same thing this year, when some non unionised people who worked under me were let go.

these are people who worked on weekends, during public holidays, who were on call 24/7; people who had literally shed blood so the companies operations would not be hindered. they were paid less than 400k severance benefits for 10 years of work. all because of a misguided management decision that will still bite the company in the arse

some silver spoon quota system pricks will call such people lazy drones. but those drones have given far more to the company than the jokers in the executive


You are clearly a socialist, otherwise you were born yesterday and dont know the world works
If i put a billion naira down( Ignore how i got that kind of money since its very easy work and anybody can apparently pull humongrous amounts of money out of their asses)
And i set up a company, my employees are more important than me and i shouldnt be in control of my company that i set up with my money.
And i should rather make lossess continuosly even if cutting staff can prevent that because i am their daddy
And boy o boy I jst love making lossess and losing money(losses can actually deplete ur capital)
Making losses makes me jst damn hard ! grin
Wow
Wow
Wow
This is actually very annoying, so lemme continue

Companies that repeatedly make losses also last forever into eternity so they can continue employing those needless workers that you care about, they dont fold up or go bankrupt cos this is lala land or zeeworld.

Investors are also very motivated to continue pouring money into loss making or money losing business cos they get a hard on for losses just like me

I may address ur other issues next time i feel like wasting my energy
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by PointBlankFOREX: 4:54pm On Jul 11
Relying so much on a paid job is a no no.. You could get fvcked anytime..
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Bright2(m): 5:21pm On Jul 11
That Bank doesn't worth banking with, negative experience.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by LOSKYXANDER: 6:23pm On Jul 11
tiwiex:


I agree. I heard about this from a reliable source yesterday. Apparently, most people sacked were bank tellers with over 10 years in service. Some of them in their mid 30s who have been getting salary increments as the norm. As a business man, would you keep increasing salaries for a skill set like bank tellers or would you employ young people in their early 20s willing to earn a fraction to kick start their career? Being a bank teller for 10 years doesn't sound like someone you would want to keep indefinitely. My opinion but put urself in the position of the owner.
Are bank tellers contract staff?
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by partnerbizz5(f): 6:59pm On Jul 11
Auxigen:
So sad, but alas they will never listen. . .#120000 In 10 years, when there are things you can do and make more than that in a day!
You need to have a plan B! Think of your future! Think of the future of your children! Think RESIDUAL/PASSIVE Income! I rest my case.

Things to make more than that.
Tell me biko.

Give me ideas cool
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by smasher1(m): 7:11pm On Jul 11
odave:


That's why it's better to always collect loan as a bank worker, I'm sure they won't attempt sack during the repayment period. I may be wrong sha. I have a friend there, I don't even know the best advice I can give him.

Loan of how much? Maybe three months salary. It's usually not more than your severance package. So you may end up being sacked and paid and loan deducted with nothing for you. I don't advocate anyone takes loan.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by smasher1(m): 7:24pm On Jul 11
seunmsg:
I remember when I lost my BankPhb job in 2009. I made the decision never to work in a bank again. Sadly, the situation of bank workers is still the same. They close from work everyday without any assurance that they will still have the job the following morning.

Young graduates should look beyond building a career in the banking sector. It can be your stepping stone but please, start looking for opportunities in other sectors. Don’t ever stay more than five years in a bank.

The situation of bank workers is not the same. It's far worse than ten years ago. And getting worse by the day. Trust me, I know what I mean.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by PAYSTARF: 7:37pm On Jul 11
I guess the solution to solving this is here, PAYSTAR (www.paystarfinancial.com) Poised to providing 250,000 - 300,000 white collar Jobs in Nigeria within 18 months. PAYSTAR is set to cause a disruption in the Financial Services sector and this where all this people should align themselves now.

The N3.5 Trillion per Annum disruption in Nigeria's Financial Services sector has begun.

It is so massive that you can join at anytime. Its for Graduates only, and all Disciplines Qualify because you will be taught about different financial services, how to market them, and then how to run your own Private Financial Services Practice as a Certified Independent Financial Advisor (CIFA) using our unique technology and business model.

What UBER did to Ride Sharing and Airbnb to Hospitality ranks at the same level as what PAYSTAR is doing for Financial Services.

And you should be entitled to bragging rights. Its not every day something comes along to change the world forever. You will look back a few years from now and say "I was one of the first CIFAs who created this magnificent opportunity."

Our 5-day training for the first 2,000 Associates will hold in August 2019 and NOW is the time to register.

Whether you are an unemployed or Under-employed graduate, senior citizen of any discipline still focused on developing your income potential then this is the BEST opportunity for you. Work your own hours, work your own way. But be mindful that you earn nothing from recruiting other people. This is a business you work on for yourself, but not by yourself. A business with solid processes, best-in-class technology, prepackaged templates and strategic partnerships with the best regulated Financial Service Providers. A business you can leave behind for future generations.

Click www.paystarfinancial.com/associate-register right NOW and we will rush you further information on how you can earn sustainable income as a professional helping others live a quality life.

Click on www.paystarfinancial.com/associate-register right NOW and be one of the first to have CIFA after your name, meaning multiple streams of income into you bank account.

One more thing: Click on www.paystarfinancial.com/associate-register right NOW and stand a chance of winning the prestigious PAYSTAR EMPIRE Limited Edition BLACK CARD. Only 5,000 will ever be produced!

Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Auxigen(m): 8:19pm On Jul 11
partnerbizz5:

Things to make more than that. Tell me biko.
Give me ideas cool
Is that your number @ signature?
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by partnerbizz5(f): 8:26pm On Jul 11
Auxigen:

Is that your number @ signature?
Yes
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by partnerbizz5(f): 8:26pm On Jul 11
Auxigen:

Is that your number @ signature?
Yes..
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by smasher1(m): 8:31pm On Jul 11
LOSKYXANDER:

Are bank tellers contract staff?

Majority. Even for those of them who are staff, they are the least paid in the branches, little wonder that they tend to be rude than other staff in the branch.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Greatzeus(m): 8:42pm On Jul 11
EricBloodAxe:
120k? That's my conjugal expenditure in a week angry
So your " conjugal expenditure" for a month is N480k right Unnecessary lie,who even asked you, arrogant Bleep,it's guys like you that end up committing suicide as a result of little disappointment.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Odualomo1: 9:40pm On Jul 11
Neoteny:
Is it their father's company that they shouldn't get sacked?

It's business, not an NGO. There's no sympathy in business, in advanced countries fired workers bow their heads and walk away with nary a whimper.

But in Nigeria workers deem it a right to remain perpetually employed.
The affected staff were only asking for their benefits. Some worked for four year her pay off is 68k. Is that fair?.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by muyiwaadekunle1(m): 10:52pm On Jul 11
IceColdVeins:
You folks have started with your bankworkers hate thingy, jobless people will be like bank job no be work!! bank job nor be work!!, but when banks publish graduate trainee job adverts, y'all will slam their portals with miilions of y'all's dirty looking generic CVs with fasting and prayer and start to fidget in front of HRs when invited for ordinary panel interview and thats if y'all managed to manoeuvre through aptitude tests.
Yeah bank work is stressful, insecure and can put you on edge, but the pay, experience and exposure are all worth it....Contract staffing is under-remunerated unarguably but it has pulled a lot of folks out of the streets.... I work as an analyst in a very respected department of a highly reputable bank's head office and the experience and lessons ain't cheap. Bank job has been favourable financially for me, i got my apartment in lagos within a year, I cloth myself with nice outfits, even though i had not more that 5 round necks and no shirt before I got a bank appointment , I evn met my girlfriend while I was working in my previous bank work in a branch level and above all, I have made momma proud quite a number of times. However, I have contingency plans should incase my job stops loving me.
For a jobless youth, 'bank job nor be work' is too big for your mouth. I even earn more than some civil servants and dem 'over sabi' lecturers back in school.
I graduated 2016, I have barely spent 2 years in the field. I have worked as a marketer, digital sales executive and as a user access management analyst that I am today and I can say I am a better man than when I was running up and down trying to make business product deliveries, depending solely on the proceeds back then.
Bank work is work i beg, as a youth without much financial responsiblity, live within your means, plan for contigencies, obtain professional certifications, learn skills/foreign languages and above all, do some side hustles, save money while at the job no matter how big/small you earn.


How i wish Jumia can deliver 1 chilled bottle of Amarula to your doorstep. My girlfriend has been managing Npower money since we finished NYSC in 2016, this year she made Wema bank graduate trainee and their appointment would be confirmed in November with 3M in deposit , her entry level salary after tax is around 160k with 250k leave bonus. Me wey dey do logistics for construction company self no collect reach half of that amount since June 2016.
I totally get the job security aspect but that money is eye catching .
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by EricBloodAxe: 11:09pm On Jul 11
Greatzeus:

So your " conjugal expenditure" for a month is N480k right Unnecessary lie,who even asked you, arrogant Bleep,it's guys like you that end up committing suicide as a result of little disappointment.

Just bcuz poverty has designed and obliterated your destiny doesn't mean it has done so for everyone. Take that as food for thought.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Greatzeus(m): 11:27pm On Jul 11
EricBloodAxe:

Just bcuz poverty has designed and obliterated your destiny doesn't mean it has done so for everyone. Take that as food for thought.
You are the one suffering from poverty mentality, anybody can say anything. You that your papa dey village inside one mud house they form on faceless forum. Empty barrels make the loudest noise.
Someone just gave out 10k to 20k to lots of fresh graduate yesterday or so,he never had any thread where he claimed to be rich,but he is rich no doubt.
I worked hard for my money and I'm grateful to God for everything. This useless mofo here be claiming nonsense, probably you just received $300 alert from one maga and you think you are on top of he world.you that will end up in kirikiri at last grin
We will be here to read your story,see your pictures as displayed by Efcc and curse your miserable existence,just like your fellow paraded on frontpage.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by EricBloodAxe: 11:45pm On Jul 11
Greatzeus:

You are the one suffering from poverty mentality, anybody can say anything. You that your papa dey village inside one mud house they form on faceless forum. Empty barrels make the loudest noise.
Someone just gave out 10k to 20k to lots of fresh graduate yesterday or so,he never had any thread where he claimed to be rich,but he is rich no doubt.
I worked hard for my money and I'm grateful to God for everything. This useless mofo here be claiming nonsense, probably you just received $300 alert from one maga and you think you are on top of he world.you that will end up in kirikiri at last grin
We will be here to read your story,see your pictures as displayed by Efcc and curse your miserable existence,just like your fellow paraded on frontpage.

Poor people always trying to prove something. I hope you won't remain in poverty as long as this garbage you just typed.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by annawhite(f): 6:41am On Jul 12
lonelygem:


Oga. Its money we are talking about here, no one pray to loose a kobo of hos or her sincere sweat.

What if what was messed with was my entire life saving?

Isn't that enough to judge them?

Lapses on the part of the customer care rep who refused to process the disbursement error form I filled and lapses on the part of another central customer desk in Lagos who had power to track the transaction..

Some people would have gone to creat a big scene at the branch vandalising their properties...
What manner of fuckery is this!!? I am now oga...so I'm gonna ask u again.. One bad experience with a careless staff is used to rate thousands of hardworking staff!!??
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by lonelygem(m): 8:08am On Jul 12
annawhite:
What manner of fuckery is this!!? I am now oga...so I'm gonna ask u again.. One bad experience with a careless staff is used to rate thousands of hardworking staff!!??


Oh! I guess you might continue to ask till I notice and address a female Monika. Lol!

For the question, we are considering various staff involved now, the branch I visited customer care rep who forgot to process the form, the central branch help desk who refused to do the tracking from Lag and the twitter handler who promised to follow up for a call back of fund but didn't deliver and stoped responding..

How many staff's carelessness does it take for a customer to loose his or her entire life earning or go bankrupt?

Meanwhile, u got a good packaging there.. Lovely weavon and creative makeup.. Keep it up
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Ugosample(m): 8:44am On Jul 12
TOPCRUISE:
Or you get out of this country to places were you will be appreciated

true that
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Ugosample(m): 8:48am On Jul 12
user4321:

That wasn't my point. Too many people glorify this hand work thing like it's a super alternative to paid employment. Nigeria is the poverty capital of the world; after your hand work training, is it not the same pauper employees you belittle that will patronize you?.

don't mind them

they just talk without critical reasoning

what is the use of the "handiwork" when most Nigerians have an abysmally low purchasing power.?

1 Like 1 Share

Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by TheAlchemist: 9:12am On Jul 12
uniqUN:
Ecobank. The bank that do not use deposit slip. Just walk in, call out your account number and how much you are depositing. That's as stingy and wicked the managers of the bank can be. But I sort of like it though. Stress-free. I once asked a staff why it's like that and she says, well, that's what the management instructed them to do. You walk in, and only one person is attending to four rows of customers until they started losing customers. Now, you walk in even at peak hours and you won't find not more than two people in front of you. A whole ECOWAS supported bank fa. I really hope this new Eco currency works out.

Stanbic Ibtc also adopt similar process. The world is going paperless, we need to save the trees.
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by annawhite(f): 1:12pm On Jul 12
lonelygem:



Oh! I guess you might continue to ask till I notice and address a female Monika. Lol!

For the question, we are considering various staff involved now, the branch I visited customer care rep who forgot to process the form, the central branch help desk who refused to do the tracking from Lag and the twitter handler who promised to follow up for a call back of fund but didn't deliver and stoped responding..

How many staff's carelessness does it take for a customer to loose his or her entire life earning or go bankrupt?

Meanwhile, u got a good packaging there.. Lovely weavon and creative makeup.. Keep it up
and I'm supposed to blush cos a normal male specie with a petrol station garment noticed my hair and makeup!?.....Eventuary
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by Jokerman(m): 1:56pm On Jul 12
annawhite:
and I'm supposed to blush cos a normal male specie with a petrol station garment noticed my hair and makeup!?.....Eventuary

Lol... Na wa... See reply hahahaha
Re: Mass Sack In Ecobank, Sacked Workers Protest (Photos) by CaptainLora: 4:27pm On Jul 12
WHY ALWAYS ECOBANK (WITH MASS SACKING)?

IS IT THEIR SELLING POINT??

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