…Urges others to prioritise staff wellbeing
Wema Bank in a bid to cushion the effect of fuel subsidy has emphasised the need to prioritise employee’s wellbeing by increasing the staff salaries of the bank.
According to the bank, the current economic realities, which have witnessed recent spikes in fuel, electricity, and other prices, require that employers prioritise the welfare of their workers.
This was disclosed in a statement signed by its Divisional Head, People, Brand & Culture, Ololade Ogungbenro, to announce an increment in the salary of the bank’s employees.
According to her, beyond financial incentives, the bank provides opportunities to its workers for personal and professional growth by nurturing a culture of learning and development.
She said: “Wema Bank’s vision extends beyond its bottom line; with this salary increase for its staff, the bank expects the ripple effect of positive change to extend to the wider industry and world of work. Wema Bank’s unwavering support for its employees lies at the heart of this expected transformation.
“The impact of this salary increase bears more than mere numbers on a pay slip: employees are experiencing a renewed sense of motivation and dedication to their roles, knowing that their hard work is genuinely recognised and rewarded.
“Wema Bank’s move to increase the salaries of its staff, especially given the current economic rigors, has undoubtedly struck a chord with employees by addressing the financial needs of its workforce.”
Ogungbenro noted that the bank affirms its belief in the value of every individual’s contribution, regardless of their employment status; saying this is a way of fostering a sense of belonging in its staff, ensuring that each member feels like an integral part of the bank’s success story.
She expressed optimism that the increment would boost the morale of the employees, leading to enhanced productivity, improved teamwork, and reduced turnover rates.
Ogungbenro said the financial institution is creating a more harmonious and dynamic work environment where the creativity and innovation for which it is acclaimed, flourish the most.
“Wema Bank understands that its employees are its most valuable asset, and by providing a competitive and fair remuneration package, the organisation aims to attract and retain top talents in the industry.”
The Head of Brand & Marketing Communications at Wema Bank, Mabel Adeteye, said in the industry, Wema Bank is widely acknowledged to be a leader in the realms of innovation and technology, and for constantly seeking to provide seamless financial services to its teeming customers.
“But is the financial powerhouse a champion of its employees’ best interests? Yes, the most recent testament to Wema’s commitment to establishing a thriving workplace culture is its announcement of a groundbreaking increase in salaries for its staff.
“This momentous decision not only showcases the bank’s dedication to employee welfare and well-being but should also resonate deeply with its community as ripples of elation have been set off through the organisation,” she added.
- FG moves to secure natural resources, as presidential committee meets service chiefs - January 25, 2024
- Kogi govt pays JAMB registration fees for 15,033 public school students - January 24, 2024
- Edo Guber: APC debunks aspirants screening disqualification rumours - January 24, 2024