Noblejay7:
I don't have any problem with the bank retrenching staffs. It a normal practice in private sector as most companies are cutting cost using different means including retrenchment to lower employee cost.

However, it amount to serious infraction on our labour laws to use an employee for more than 10years and lay them off with just 200k as severance package. Ecobank did the same thing in July and the retrenched staff took to the street in protest. At the end of the day the bank had no option but to negotiate with them and they were paid additional severance package.

The government must through the ministry of labour and productivity protect workers from this type of inhumane and unfair treatment. Also, job seekers must read and understand before they accept and sign any employment contract.

The painful thing is the bank will replace the retrenched staffs with another set of unsuspecting and desperate young job seekers which they will use for another 10 years . And the circle continues. what a pity.

Bank contact employment is a scam.

Most times we as humans are our problems. How can someone be in one position for 10years without promotion or increase in salary?

There is a reason why the word "Contract" is there you are not to see it as a long time position or a permanent position. There is always room for growth and development.

Even at the point of employment they always advise you not to see this job as a permanent position but as something to while away time till something good comes up.

Queenmark:


Most times we as humans are our problems. How can someone be in one position for 10years without promotion or increase in salary?

There is a reason why the word "Contract" is there you are not to see it as a long time position or a permanent position. There is always room for growth and development.

Even at the point of employment they always advise you not to see this job as a permanent position but as something to while away time till something good comes up.

I think the government needs to amend our labour laws to stipulate a maximum period of two years for contract employment after which the employee should either be converted to a permanent staff or laid off. The truth is no sensible person will want to work as a contract staff for say 10years but unfortunately the alarming unemployment situation in Nigeria has left many with no option.

Noblejay7:


I think the government needs to amend our labour laws to stipulate a maximum period of two years for contract employment after which the employee should either be converted to a permanent staff or laid off. The truth is no sensible person will want to work as a contract staff for say 10years but unfortunately the alarming unemployment situation in Nigeria has left many with no option.

I understand how difficult it is to get a job but within that period one can save and start up a good business or even leave this country or something. A lot of banks do not have respect for contract staff most especially first bank.

When it comes to conversion the process is stressful and it just looks like they do not want to convert the contract staff. Nigeria have failed us as graduates so when employers treat us like thrash we can't blame them.

enawt:
think you are right.
tell me more about the semi contract LARs cos I sincerely hope this will not affect a person I have in the beverage company (sales rep)

Don't know what more to tell you o

Queenmark:


I understand how difficult it is to get a job but within that period one can save and start up a good business or even leave this country or something. A lot of banks do not have respect for contract staff most especially first bank.

When it comes to conversion the process is stressful and it just looks like they do not want to convert the contract staff. Nigeria have failed us as graduates so when employers treat us like thrash we can't blame them.

U said first bank, ask a contract staff in polaris or even Wema that just increased salary for full staffs and neglected contract staffs

Generaloluseye:


U said first bank, ask a contract staff in polaris or even Wema that just increased salary for full staffs and neglected contract staffs

You don't expect them to treat their core staff and contract staff the same. Core staff are more invested on then contract staff..

I am not in support of the treatment but there is nothing that can be done because there are no laws to protect us.

Thank God oo ,i was complaining about my unexpected exit from my banking job in Toronto until i read this story,at least they pay me $35k severance pay.I pray for God to open the way for me and for all these poor folks that lost their jobs through no fault of their own

femoric:
The info is true, a friend was affected as well. First Bank is rather wicked with its approach to disengage staff. My friend found out he was sacked when he could no longer log in on their server. He kept trying and trying, for where, after several attempt, he got the news he wasn't on their list again.... so sad

nawa! so unprofessional.

I was once a contract staff in fbn for 5yrs and I understand their policy.the problem with our people is that once they get the job,they will feel relaxed Thinking they ve arrived and started living fake life and hoping for a miraculous conversion.well during my first yr I started writing ICAN exams,though it was not easy to be reading and coping with the job pressure,even it got to a stage that my manager threatened to sack me due to his envy,even some of my co contract staff were fighting me due to their bad belle stuff too ,but with God on my side I remain focused.At last I became a chartered accountant and I got a better offer and left the bank this year

teejoyz:
I was once a contract staff in fbn for 5yrs and I understand their policy.the problem with our people is that once they get the job,they will feel relaxed Thinking they ve arrived and started living fake life and hoping for a miraculous conversion.well during my first yr I started writing ICAN exams,though it was not easy to be reading and coping with the job pressure,even it got to a stage that my manager threatened to sack me due to his envy,even some of my co contract staff were fighting me due to their bad belle stuff too ,but with God on my side I remain focused.At last I became a chartered accountant and I got a better offer and left the bank this year

You have said it all. Most contract staffs relax once they get the job even if the pay is 40k like the case of polaris. Some ogas will even tell you that there is no job out there just to scare you

teejoyz:
I was once a contract staff in fbn for 5yrs and I understand their policy.the problem with our people is that once they get the job,they will feel relaxed Thinking they ve arrived and started living fake life and hoping for a miraculous conversion.well during my first yr I started writing ICAN exams,though it was not easy to be reading and coping with the job pressure,even it got to a stage that my manager threatened to sack me due to his envy,even some of my co contract staff were fighting me due to their bad belle stuff too ,but with God on my side I remain focused.At last I became a chartered accountant and I got a better offer and left the bank this year

Just thank God yours workout. I know of people that were laid off in same bank who started with OND upgraded themselves to master level, graduated with good grade but were later affected cos a better offer wasn't coming forth before this happened.
Have this in mind, in respective of how nice your new offer may look, you're still a slave in as much you're under someone's payroll. So don't blame others when things seems good for u, they may be doing better than you. They're free now remember is Never to Late for those that were affected. In the school of life, they are ahead of you because they're facing reality now

My brother spent 6yrs & was fired. Bottom line is don't rely on contract bank job, look outside for a better offer. Very soon dey will contact ICSL again in obanikoro, Lagos to recruit another set of contract staff age 25yrs & use dem as slaves again for another 7yrs before dumping dem again in d overstretched labour market.

Banking job is a sham... I worked with FBN with my OND for six months, that was in the year 2010. When my Direct Entry admission came out, it was a difficult decision to take. I never regretted leaving First bank for school, though I had a tough time financially afterwards.

Last last, whatever you are doing, try to get other sources of income. It's not easy, but it is achievable. May God help us all

Brozok:
My brother spent 6yrs & was fired. Bottom line is don't rely on contract bank job, look outside for a better offer. Very soon dey will contact ICSL again in obanikoro, Lagos to recruit another set of contract staff age 25yrs & use dem as slaves again for another 7yrs before dumping dem again in d overstretched labour market.