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Stanchart rewards hard-working staff

KALONDE NYATI, Lusaka
STANDARD Chartered Bank has awarded its unionised staff a 20 percent salary increment.
According to a statement issued by the bank’s head of corporate affairs, brand and marketing Christine Matambo on Thursday, top performing unionised staff will get up to 20 percent salary increment, which is the highest on the market.
“The increment follows successful negotiations for the 2017 conditions of service for unionised staff. This is to recognise the excellent performance by unionised staff, who play a significant role in the bank’s excellent performance.
“Over the past few years, Zambia has been viewed as a prime business destination, rich in human resources. In this regard, Standard Chartered Bank Zambia has continued to invest in its people, through annual reviews of conditions of service for staff,” Ms Matambo says.
Commenting on the development, Zambia Union of Financial Institutions and Allied Workers Zambia, general secretary Chingati Msiska said, “I would like to commend Standard Chartered Bank Zambia Plc for this great achievement and recognition of its unionised staff members. Today, we are here attending this ceremony because of the hard work the negotiating committee has put in”.
Mr Msiska also urged staff to change their mind set towards work as going forward the bank will award unionised staff based on performance.
At the same occasion, head of human resources Ruth Simuyemba said: “Our staff are the bank’s biggest asset and we are very proud of the women and men who work across our network in Zambia. I would like to highlight that the just-ended negotiations were successful. Our policy of rewarding staff on merit aims to reward our top unionised performers for the hard work they put into achieving the banks objectives and overall goals”.


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