The unholy policy is a modern day slavery tactic used by banks under the guise of minimizing cost. Nigerian banks rely heavily on contract staff for the smooth operation of their branches nationwide. Juba_Adeola cenbank
The unholy policy is a modern day slavery tactic used by banks under the guise of minimizing cost. Nigerian banks rely heavily on contract staff for the smooth operation of their branches nationwide.
They would gladly dress smart, flaunt their identity cards to the envy and admiration of friends and relations and put in extra effort at work with the hope that they would one day be considered for a permanent role that comes with the full benefits of being gainfully employed in a very reputable organization. A dream many usually give up on after a while.
In Nigeria, the Federal Ministry of Labour and Employment is responsible for ensuring financial institutions, organizations prioritises the welfare of their workers. This explains why Access Bank PLC, one of Nigeria’s leading commercial bank has a workforce with 75% of the bank staff outsourced as explained by the Group Managing Director, Herbert Wigwe.
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