- UBA also announced the promotion of more than 5,000 workers
- And increases the salaries of its staff members up to 170%
A new century started on a good note for thousands of new and existing staff members of the United Bank for Africa (UBA) Plc.
The company which prides itself as one of Africa’s biggest financial institutions in a statement said the move is its newly planned restructuring embarked upon by the in the last quarter of 2019.
It also transformed its grading system and processes to become one of the most competitive within the industry.
As part of the new move, UBA 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.
Over 4, 000 new workers
UBA in a massive recruitment drive , over 4000 new staff members resumed in the towards the end of December 2019 across Nigeria, saying it is highest employer of labour amongst Nigerian banks with a staff strength of close to 20,000.
Announcing the new staff improvement plan, UBA’s Group Managing Director/Chief Executive Officer, Kennedy Uzoka, stated that UBA is continually seeking new ways to improve the fortunes of its staff as they are the backbone of the organisation .
Uzoka was quoted as saying, “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”
“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.”
All the best to the new staff members.