₦airaland Forum

Revolution2022:
What is the duty of the NLC kwa?

zikchisquared:
Hmmmm, interesting.....what if the SOFs service providers are already engaging the Bank. I really think patience is key here! Employers are aware of the current situation in the country and I'm pretty sure they are all making efforts to upgrade their workers welfare package.

Astra101:
Why do banks employ the service of contract staff?

Temibliz:
That bank is rubbish. 80% of their so called full staffs were trained by those contract staffs. Yet their effort is not valued. How can they enslaved their staff for years, no promotion,no convension and I even heard that they've stopped paying them so quarterly they just introduced 3years ago.That's not encouraging out all.
95% of the contract staffs have Bsc certificate and experiences yet they employed fresh graduate yearly as full staff puting age limit to on the cateria to avoid the internal staff applying. Indeed is that's an act of wickedness.

mrmayoh:
In a recent development at Polaris Bank, the decision to grant a substantial salary increase of 100% to full-time employees due to inflation and rising fuel prices has triggered discontent and agitation among its contract staff. Feeling undervalued and overlooked, the contract staff are voicing their frustration over the glaring disparity in compensation and the lack of growth opportunities within the organization. With threats of a potential strike looming, Polaris Bank faces a critical juncture that could significantly impact its operations.

The Unresolved Salary Disparity:
At the heart of the contract staff's discontent lies the unequal treatment in remuneration. Despite performing the same duties as their full-time counterparts, contract staff members continue to receive insufficient compensation. Demanding a salary increase of 100%, in line with the raise given to full-time staff, they argue for recognition of their contributions and dedication to the bank.

Long Overdue Opportunities for Promotion:
Another point of contention centers around the absence of promotion prospects for contract staff. Shockingly, some contract employees have served in their positions for a staggering 13 years without any potential for career advancement. This lack of professional growth fosters an atmosphere of frustration and stagnation, leading to low morale among the contract workforce.

Equitable Profit Sharing Scheme:
The third demand on the contract staff's list is inclusion in the profit sharing scheme. At present, only full-time employees have access to the benefits of profit sharing, leaving contract staff excluded from the rewards of their collective efforts. In seeking fairness and recognition for their integral role in the bank's success, contract staff are asserting their right to be part of the profit-sharing scheme.

The Threat of Strike Action:
With negotiations between the bank's management and the contract staff still ongoing, tensions remain high. The looming possibility of a strike is putting Polaris Bank on edge, as the contract staff constitute a significant portion of the bank's workforce. A strike could lead to operational disruptions and tarnish the bank's reputation, underscoring the urgency to address the contract staff's grievances promptly.

As Polaris Bank navigates through this critical situation, finding a mutually beneficial resolution is of utmost importance. Acknowledging the vital role played by contract staff and addressing their demands for fair compensation, opportunities for promotion, and inclusion in profit sharing could foster a more harmonious and productive work environment. Balancing the needs of all employees will not only strengthen the bank's position but also promote a sense of loyalty and dedication among its workforce. The ultimate goal must be to foster a work culture where every employee feels valued and motivated to contribute to the bank's continued success.

Since the hike in fuel price, GTB, Wema and other Banks increased the salary of both full-time staff & Contract staff, now it is the turn of Polaris, they increased only full time & left contract staff without increase, which is very wicked act,#PolarisBank pic.twitter.com/piblqJPhsl

— Ogbeni Gugu (@Gugumedia_) July 24, 2023

https://twitter.com/_blaqemmy/status/1683416297143427109?t=TNE6ZYUSSLiNxPhj8y3Sag&s=19[/quote]Strike no strike no be Polaris employ una, my only advice is humbly leave that slave trade and go find something meaningful to do with your life.

Vulcan24:
Who's representing contract staff in management meeting?
This is pure propaganda or PR stunt !

Unless they took their matter to ASSBIFI I don't think this is a real story. I ha e worked in financial institution as a contract staff but highly connected to the Board. Nobody speaks for contract staff unless the union that is highly politicized abd compromised by the Board.

One more word and the mouth piece is sacked!

So where is this story coming from ? This is PR Stunt !

mainstreets:
Polaris Bank is wicked and devilish. I worked with them for almost 12 years as a contract staff. Right before your eyes, they will employ a 24 year old to be your supervisor. You will be the one to train the person, two weeks later the young core staff can give you a deadly query that can send you packing.

How can you leave your very seasoned contract staff and go and hire someone that was still in secondary school while you started working with them to become your boss.

The past and present GMD, EDs and top managers are all cursed!!!

zikchisquared:
Hmmmm, interesting.....what if the SOFs service providers are already engaging the Bank. I really think patience is key here! Employers are aware of the current situation in the country and I'm pretty sure they are all making efforts to upgrade their workers welfare package.

GloriousGbola:
The whole point of contract staff is to reduce costs.

bibiji:
Resign na!
If you are unhappy with your package; kindly send in your resignation letter.
Remember that there was a time you prayed and fasted to secure this job.
Thousands are jobless and also praying to be in your position. Dont allow people misguide you to lose your jobs

Temibliz:
That bank is rubbish. 80% of their so called full staffs were trained by those contract staffs. Yet their effort is not valued. How can they enslaved their staff for years, no promotion,no convension and I even heard that they've stopped paying them so quarterly they just introduced 3years ago.That's not encouraging out all.
95% of the contract staffs have Bsc certificate and experiences yet they employed fresh graduate yearly as full staff puting age limit to on the cateria to avoid the internal staff applying. Indeed is that's an act of wickedness.

Temibliz:
That bank is rubbish. 80% of their so called full staffs were trained by those contract staffs. Yet their effort is not valued. How can they enslaved their staff for years, no promotion,no convension and I even heard that they've stopped paying them so quarterly they just introduced 3years ago.That's not encouraging out all.
95% of the contract staffs have Bsc certificate and experiences yet they employed fresh graduate yearly as full staff puting age limit to on the cateria to avoid the internal staff applying. Indeed is that's an act of wickedness.

bayumyguy:
If you are a contract staff in a bank you better look for better alternative cos I am talking of experience they won’t do anything cos you sign contract

slimmax:
You are asking? Why dont you walk into any branch of polarisbank and ask the tellers what is going on. You are in your room assuming its a PR stunt, when people are crying 😢 for their wages