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Nairaland Forum / Nairaland / General / Career / Access Bank To Cut Staff Salaries, Retrench 75% Of Workers (80121 Views)
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Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:19pm On May 01, 2020 |
majamajic: Most of them have never run a business before. Nigeria has no economy. It's dead long ago. They will have sense this year. When I tell workers that they are eating free money, they think one is speaking out of envy. 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by majamajic(m): 12:24pm On May 01, 2020 |
Kingscee: I have never been on salaries sir, but sometimes I wish I can I never had the feelings of getting bulk money once at the end of the month , one day I will |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:28pm On May 01, 2020 |
IFNOTGOD: Unfortunately, it doesn't work like that. Do you honestly think a Nigerian bank with all their shylock tendencies would pay you a million naira a month if they are not getting value in some way? Some of these senior managers etc. you speak of are the ones really holding the bank: the billions in deposits they bring or their skill-sets are what allow the bank to continue standing. Across board, the only set of professionals that would survive and even thrive in the coming armageddon are IT Staff - in this new world, they are the truly indispensable. 4 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by lastclaire4(f): 12:29pm On May 01, 2020 |
Truth be told, the marriage between between Access and Diamond did result in any efficiency. The guy just wants to use Corona virus to cut out. 3 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:29pm On May 01, 2020 |
Yet, the useless bank gave a whooping 1 billion naira to a kleptomaniac government instead of its ardent customers!... And now this dumb and heartless move! |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Dre7: 12:37pm On May 01, 2020 |
From a balance perspective, I believe this mass sack isn't the way out, unless of course the companies are using this incident as an opportunity to executive certain plans they had in mind, prior to this time. My take; Why not simply make everyone take a pay cut or no salary, but give them the job security, with the assurance that everything will become normal after this pandemic. With this step, you have settled two things; 1. Cut off you personnel running cost, since you aren't making profit. 2. Your workers endure a few months, but with a bright hope of things returning to normal afterwards. Isn't easy but better, the thought of job hunt all over again is heart melting you know.... 4 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by hybridblood07(m): 12:42pm On May 01, 2020 |
Sir, meeting a white lady online is by chance or luck. I can boldly say I have lots of bot h black and white Americans as friends but only few help because most of them have one challenges or the other. DonMustafa: 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:44pm On May 01, 2020 |
yes you are speaking out of envy. dont tell us something we already know. like my brother, he may decide not to go work for 2 years yet his salary will enter his account. it can only happen in Nigeria. free money is sweet. so shall we eat it for 35 years old. Naughtysite: |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by ShenTeh(m): 12:45pm On May 01, 2020 |
Midex88: Uncle, 'eye service" for you or who? Leave emotions, where in that video did it say the bank is going to "retrench 75‰ of workers"? While making this public may not invalidate the content of the interaction, no employer of labour would be happy to have his employee bring what is supposed to be an internal communication to public light. It is the height of unprofessionalism. Staffers who are not happy with management decisions such as this should honourably resign. I do not hold brief for Access Bank but let's call a spade a spade. The headline is misleading; 2, We are in desperate times and organizations will be faced with taking tough decisions and staying alive/afloat. May the best win. 2 Likes 1 Share |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Kay25(m): 12:48pm On May 01, 2020 |
Eehh and they were busy giving out money to help fight covid now their staffs will suffer for it chai. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 12:49pm On May 01, 2020 |
Gforce2015: Simpleton, manage your frustration. You hear ? |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by casmirnnamdi(m): 1:04pm On May 01, 2020 |
[color=#000099][/color] May God save us from all this, somehow other banks will follow suit. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 1:07pm On May 01, 2020 |
Lastanza: Are you sure about this? Saudi Arabia pumps five times as much crude oil as Nigeria, has only 17% of Nigeria's population, and the production cost of their oil is $3 as opposed to Nigeria's $30. The GDP per capita is also 10 times that of Nigeria. Inspite of these significant advantages, Saudi Arabia itself has realized that it's oil dependency is not sustainable, and is moving to steer its economy away from oil into technology, biosciences and finance. They are also preparing to rely a lot more on tax revenues. This our famed oil would not save us in the years to come when the world is already learning to cure its thirst for sweet crude, or who would have thought that oil would ever be sold at less than $0 (essentially given out for free)? By the way, the USA also produces way more oil than Nigeria; have you ever heard them talk about ending income taxation? 3 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by bizhop01: 1:09pm On May 01, 2020 |
Which one be tea girls, abi marketing fucck girls? 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Frezhkid10(m): 1:12pm On May 01, 2020 |
quentin06:..being the highest earner...he will take the higest percent cut..the percentage cut will reduce as u go down hierarchy.. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by anthropizzy(m): 1:14pm On May 01, 2020 |
KingUg: Please come bank with Polaris Bank we don't involve in deducting customers money illegally. Kindly P. M Thank you |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by smasher1(m): 1:14pm On May 01, 2020 |
Sam2310: Are they from Access bank? What are there job function? |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Nobody: 1:15pm On May 01, 2020 |
Naughtysite: Meaningless comments. Do you see any frustration mood in my comments. Oponu! |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by anthropizzy(m): 1:16pm On May 01, 2020 |
quentin06: ***Laughing Hysterically** ![]() ![]() ![]() |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by guychidile: 1:18pm On May 01, 2020 |
retrenchment to me is not the best option, can you try and cut staff salary.,it can help.,my suggestion |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Midex88(m): 1:19pm On May 01, 2020 |
ShenTeh: Look at what is spewing from your mouth, if your family member or friends are among the vulnerable people who are at risk of loosing their means of livelihood at this critical time, you won’t say this insensitive and uncalculated rubbish. is terminating the employment of their contract staff who earn so little with nothing to save from from their meagre salary the only way to cut down on cost/expenses. If they are truly sincere about staying afloat, they should sack the senior staff of the bank because sacking 75percent of contract staff will never make the book balance look good. Better still, cut down wage across board. 3 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Midex88(m): 1:21pm On May 01, 2020 |
anthropizzy: See this bank marketers ![]() 2 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by teejay167(m): 1:25pm On May 01, 2020 |
cbngov01: It is lack of WISDOM |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by papagiddy(m): 1:25pm On May 01, 2020 |
Jonakez:...needs to read over and over to understand you.. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by anthropizzy(m): 1:25pm On May 01, 2020 |
OJEEMAH: Very on point. 2 Likes |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by anthropizzy(m): 1:44pm On May 01, 2020 |
Aystarz: Very hard oo. So damn hard. 1 Like |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by smasher1(m): 1:46pm On May 01, 2020 |
Bobo2: For real? |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by Halo22: 1:46pm On May 01, 2020 |
That's the problem of insecurity in Banking jobs. Expect other banks to follow suit. If u are not working up as a banker now, if you are having issues with ur boss in the bank, if I are doing shakara for ur oga or u don't want to soften up for the promiscuous bosses just start writing ur resignation letter now or face the upcoming shock. It's not funny. |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by anthropizzy(m): 1:47pm On May 01, 2020 |
bigman001: Please come and bank with Polaris Bank. P. M please. Thank you |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by smasher1(m): 1:55pm On May 01, 2020 |
layzie: 40 billion Q1 PAT |
Re: Access Bank To Cut Staff Salaries, Retrench 75% Of Workers by laistic: 1:56pm On May 01, 2020 |
God punish the MD. Why not rescind your position to save cost than taking 40% pay cut. Is that the best you could do?. Those security men and cleaners are more actively engaged than you. |
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