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Nairaland Forum / Nairaland / General / Career / Access Bank To Cut Staff Salaries, Retrench 75% Of Workers (80687 Views)
Fuel Subsidy Removal: Lapo MFB Increases Staff Salaries / 'FG Plans To Retrench Workers' - Labour Raises Alarm / Coronavirus: TVC Slashes Staff Salaries - Politics Nigeria (2) (3) (4)
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Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Jonakez(m): 11:07am On May 01, 2020 |
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Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Jonakez(m): 11:08am On May 01, 2020 |
[ Hello Bro... Good day.. Pls Intimate me the more.. The stuff/site is asking to be paid in Bitcoin with $29 for a start (minimum). Pls drop or inbox me your contact phone number... I want proper orientation!... Those of you begging bankers money, you see it is not easy anywhere in Nigeria. That is why I recommend online dating for people who need financial assistance. White people have good hearts. They have pity. They will help you if they have. You never know until you try. If it is only $500 the person sends, this is N200,000. Imagine what N200,000 will do in your life now. This is what I did last year December when I was broke. I got a white lady through online dating and begged her. She help me and I opened a betting shop that is feeding me up to today. If I did not do online dating in December, by this lockdown, I would being eating sand. Don't just eat all the money you get. Start something small. For those people sending PM and asking me which dating site I used, it is Bit Mistress. See the link in the pic below [/quote] |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by IFNOTGOD(m): 11:09am On May 01, 2020 |
leo047: if u were a staff of access bank u won't make such comment. have u seen d pyramid of staff salaries in these banks? payment of staff salaries n allowance is wide at d top with just few persons, while the payment of these 75% is thin even though dey are much. senior managers n above have official cars, subscription n even get paid for medical trips abroad while the so called cleaners n outsource staff don't have such privilege except what dey collect at d end of d month. sacking I d 75% of outsource staff will still not add much to their profit, check d salary of d cleaner compare it to dat of a senior manager n tell me d %age. dey should start with d top management staff dat way I will know dey are cutting cost. a cleaner collects 20k.per month while an SM collects a million at d end of d month now tell me who is suppose to go? in a year d average outsource staff salary is not even up to d monthly pay of a senior manager. sometimes some of u comment without thinking try to have human sympathy. 7 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by IFNOTGOD(m): 11:11am On May 01, 2020 |
post=89052037: stop posting fake news 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by xaggar(m): 11:11am On May 01, 2020 |
Galaticos444: We get don't you just whistle if you don't know what to think/chat/talk about. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 11:17am On May 01, 2020 |
Lord preserve my soul and my loved ones to scale through this pandemic unscathed. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Oyeniyi97(m): 11:18am On May 01, 2020 |
wman: Nice, you've sense 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Lanre6: 11:18am On May 01, 2020 |
wman:Baba that is not true, cleaners and tea girls earn average of 31k, Access bank have ND holders who they pay average of 50k , security personnel average of 60k, HND holders between 80k to 90k plus. Largest work force are ND holders who are their in-house Tellers and acquired Diamond Tellers who earn average of 50k followed by cleaners and security personnel. 5 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by walkwithgod(m): 11:25am On May 01, 2020 |
All i got to say is Bleep 9 - 5 jobs. Build a business for yourself so that when you are no longer in existence, your kids can have something to fall back on. Reach me if you need free digital courses to take during the lockdown. Post covid 19 won't be the same again, so many people will loose jobs, sell cars, school fees wah ala, mortgage, rent..lol...the list is endless. Just kukuma move to your village and rest. Zero seven zero eight eight three one three four four nine. Cheers. 1 Like 1 Share |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by afroxyz: 11:27am On May 01, 2020 |
quentin06: When it comes to making business decisions, all this one no follow 2 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Buharidgeneral: 11:34am On May 01, 2020 |
He don red for Access Bank staff. Banking job has always been very sensitive sector to work. Any disruptions in there inflow always brutal That's too bad at this time May be some of the performing loans are on oil business and since the price isn't doing fine hence the cut down. 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by phenomental40(m): 11:35am On May 01, 2020 |
after dem do carry all their money give fg finish now na to dey cut staff salary, dey debit customers unnecessary. that's good for STARTERS |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by hush15: 11:37am On May 01, 2020 |
DonMustafa:pls don't stripe people of what is left of them. Its going to be wickedness when you con them out of the little they have to survive on. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Deoboss(m): 11:40am On May 01, 2020 |
DonMustafa: Well, i think people should not complain too much on banks as my cousin working in Access bank already mentioned this to me & is praying fervently not to be sacked as the wage cut is inevitable but sack is the worst. He said for the past month customers were only withdrawing funds from Access Bank & not much deposit were made via cash or cheque lodgement as a lot of their branches operated skeletally. Obviously we are in for a tough time ahead economy wise but GOD is great & will see us thru this tough times as entrepreneurs 1 Like 1 Share |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 11:41am On May 01, 2020 |
It is the common man that suffers from your stupidity. When you guys were busy donating millions and billions to this failed government did you guys remember that such a thing will happen. Now workers wants to face your foolish gesture to a failed government 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by eneyoduke(m): 11:44am On May 01, 2020 |
Imagine giving out 1 billions plus to the government to loot then sacking/cutting staffs salaries.......... Senseless 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by CodeTemplar: 11:45am On May 01, 2020 |
mvem:The equation in the banking sector is a linear one. less business translates to lesser work activities and fewer hands are needed as a result. 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by livebyday(m): 11:46am On May 01, 2020 |
[s] philip0906:[/s] You are spitting out theories and no facts for recruitment, nothing new have you stated about changing in banking sector this is old new 1. The economy will fall into a recession. Soonest , no company can post of a profit save for consumables , IT, and telecoms 2. Every company wants to cut costs they will drop staff and down scale ops 3. Stop talking about that which you have no idea , it is not just in Nigeria all over the world work forces are being cut , Microsoft, British airways cut over 600 staff last week, Chevron cut over 1000 last month same with Agip , I could go on and on You are ignorant of the real world happenings so please shut up 4 Likes 4 Shares |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Deoboss(m): 11:47am On May 01, 2020 |
phenomental40: Fed govt will not patronize them if they don’t donate such funds & they were trying to give back to society. We all don’t know exactly what went behind closed doors with this huge donations as if they were compelled to give fed govt this monies but the after effect of the Coronavirus will be devastating to the economy & people if care is not taken. Nigeria lost a lot of funds from crude oil poor low sales & even fed govt is merging agencies plus scrapping some parastatals off to cut over head cost so many heads will roll to the un-employment status. May GOD see us thru this tough trying times |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by franchuks(m): 11:50am On May 01, 2020 |
DonMustafa: Hmmmmmmm..... Hope the recipients of your advice will not do as below pic; 3 Likes
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Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by manuel4real(m): 11:50am On May 01, 2020 |
haryorbarmie83:would you have preferred to lose all if you were in there shoe? Though the pay may no longer be enough but you can hold on to that while you search for better jobs. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Deoboss(m): 11:52am On May 01, 2020 |
Buharidgeneral: Huge losses in oil & gas sector so it’s the virus condition that is bringing recession world wide |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by abeymanuel(m): 11:56am On May 01, 2020 |
Even me, where i work as a contract staff we are not to resume until further notice that could be next 6months, May God help us... 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Rubzz(m): 11:56am On May 01, 2020 |
[quote author=chamber2 post=89053335] Both the topic and the content is misleading. How can a bank sack 75% of it's workforce? How is that possible? People listened to a video without understanding simple statement. Herbert said, those auxiliary staff constitute 75% of the entire workforce and their contract will be reviewed with their employers to know the number that is actually needed by Access Bank. Mind you, the bank might end up disengaging only about 30-40% of the contract staff. For professional staff, he mentioned that the pay cut will be based on level. If the GMD gets 40% deduction then the lowest officer might get like 5% deduction.[/quothi This is more reasonable to comprihend 2 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by philip0906(m): 12:01pm On May 01, 2020 |
livebyday:I have quoted you twice without sounding brash or throwing tirades. I have not insulted you either in any of my posts but since you want to go that route, leggo 1. Yes the economy is already in recession BUT companies are still posting profits. Say what you know. Some fintech/payment companies in the forex business, are making a kill 2. Every company scaling cost is relative to their revenue. Nobody will reduce overhead when the bottomline is not impacted or at risk of been imparted. I work in an international tech company, we're not scaling costs or retrenching.. 3. Shut your mouth up and say what you know. The companies you listed have direct hit because of the nature of their business. Oil prices are down, so is demand. It makes sense to cut cost. The airspace has been shut for weeks, meaning no money is coming in for airlines.So your comparison, holds no water... Let me lecture your block head...With every challenge, comes innovation. Every one is been forced to innovate, including the banks. Companies are still raising funds. Head to techcrunch and see companies doing seed, series etc They are not your traditional oil & gas companies or airlines A Nigerian tech company Okra, raised $1 million un funding during this covid-19 pandemic. They are currently hiring. The only companies that will survive are those who have embraced innovation and change a long time ago. We have been shouting cashless for years but we still use banking halls. Now this virus will force that change and life goes on 5 Likes 2 Shares |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by vGerizued(m): 12:03pm On May 01, 2020 |
Access bank donates huge sum of money to FG who apparently don't need money but can't retain 'non-essential staffs' cuase of fund... smh |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Lastanza: 12:05pm On May 01, 2020 |
9jaRealist:I'm not in support of our dilapidated tax system but I tell u, the money we generate from our natural resources can take care of our current and unforseen problems if well managed. How much is talked about taxation in Saudi Arabia and other oil rich nations. They basically takes care of themselves with proceeds from oil not to talk of other abundant natural resources here. 2 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Holamilekan97(m): 12:07pm On May 01, 2020 |
Nigeria is a mess. 1 Like 1 Share
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Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:14pm On May 01, 2020 |
jasmine1600:shebi people where sayin make govt continue the lockdown, they go feel the heat. If by June your condition still dey intact in your place of work then know dat i m not sane in mind. Many companies go start cut down measures to forestall crises |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by NothingDoMe: 12:19pm On May 01, 2020 |
majamajic:Cos they've been relaxing at home. 1 Like |
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