Over 5,000 staff of the United Bank for Africa (UBA) Plc, started the new year with
a lot of cheer as the bank yesterday announced its promotion to new grades as
well as salary upgrades with immediate effect this January.
a lot of cheer as the bank yesterday announced its promotion to new grades as
well as salary upgrades with immediate effect this January.
Those who are beneficiaries of this exercise will receive up to 170% increase in
their salaries and benefits, whilst a good number have been moved to higher
grade levels.
their salaries and benefits, whilst a good number have been moved to higher
grade levels.
In a carefully planned restructuring embarked upon by the bank in the last quarter
of 2019, UBA has transformed its grading system and processes to become one of
the most competitive within the industry. The bank crashed its grade levels to
12 levels from entry level to the top of the pyramid where previously it had
been 16 levels. This means that staff will now find it much easier to attain
top leadership management positions at UBA as their careers progress much
faster.
of 2019, UBA has transformed its grading system and processes to become one of
the most competitive within the industry. The bank crashed its grade levels to
12 levels from entry level to the top of the pyramid where previously it had
been 16 levels. This means that staff will now find it much easier to attain
top leadership management positions at UBA as their careers progress much
faster.
In a massive recruitment drive , over 4000 new staff members resumed in the
last week of December 2019 in Nigeria alone at the bank. UBA currently
stands as the highest employer of labour amongst Nigerian banks with a staff
strength of close to 20,000.
last week of December 2019 in Nigeria alone at the bank. UBA currently
stands as the highest employer of labour amongst Nigerian banks with a staff
strength of close to 20,000.
UBA’s Group Managing Director/Chief Executive Officer, Kennedy Uzoka, who announced
the bank’s new staff improvement initiatives to the excited employees , noted
that UBA is continually seeking new ways to improve the fortunes of its staff
as they are the backbone of the organisation.
the bank’s new staff improvement initiatives to the excited employees , noted
that UBA is continually seeking new ways to improve the fortunes of its staff
as they are the backbone of the organisation.
Uzoka who spoke to the staff in a bank-wide live broadcast said, “As a leading
financial institution, we do not take issues relating to our staff lightly.
We take great pride in being a listening bank that has the ears of our
employees as they turn the wheels which make the organisation successful for
our customers and shareholders. UBA recruits highly talented staff who perform
at the best standards and deserve to be remunerated accordingly”
financial institution, we do not take issues relating to our staff lightly.
We take great pride in being a listening bank that has the ears of our
employees as they turn the wheels which make the organisation successful for
our customers and shareholders. UBA recruits highly talented staff who perform
at the best standards and deserve to be remunerated accordingly”
Continuing, Uzoka said “We have also taken steps to ensure that our bank remains at the
top tier as it relates to talent pool. We want to train the best and we have
crashed the grade structure to make it easier and faster for our employees to
progress along their careers. With this new grade structure, it will be
possible for a new graduate employed at UBA to rapidly chart their own careers
and become GMD by the age of 36.”
top tier as it relates to talent pool. We want to train the best and we have
crashed the grade structure to make it easier and faster for our employees to
progress along their careers. With this new grade structure, it will be
possible for a new graduate employed at UBA to rapidly chart their own careers
and become GMD by the age of 36.”
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