@TechSphereAcad Thank you so much. I am glad to be part of the Hajime Cohort. The kickoff session was amazing.
I look forward to learning and connecting with amazing people
The Unending Ordeal of Outsourced Staff at Ecobank Transnational Incorporated, Ecobank Nigeria
Recently, I joyfully announced that Ecobank had promised to bring smiles to the faces of all their staff. Sadly, I’m here with a disappointing update: the Bank has let down not just me but also the entire outsourced workforce at Ecobank Nigeria.
The information I received about their recent salary adjustments brought tears, not joy, to the faces of these hardworking individuals and their families. While core staff received pay raises of 40%-60%, with the lowest core staff earning as much as ₦1.8 million per annum, the best outsourced staff received a mere ₦300,000 per year—just ₦25,000 per month. I wept when I saw how this Bank had treated its outsourced colleagues.
Here’s the most disheartening part: Ecobank recently hired OND holders as core staff, paying them over ₦250,000 monthly, while their outsourced counterparts—some of whom have been with the Bank for over five years—earn between ₦95,000 and ₦130,000 per month after a recent increment. To add insult to injury, these outsourced staff are tasked with training the new hires, including both OND and BSc holders.
When questioned about the meager ₦25,000 increment, Ecobank management claimed the Bank isn’t making profits. But if you’re not making profits, how are you funding a 40%-60% pay raise for core staff, with some of these increments amounting to millions annually?
What about labor laws—both Nigerian and international—that mandate equal pay for equal work or fair wages? How can someone with the same grade and less experience earn nearly double what a more experienced outsourced staff member makes after five years in the system?
So, I ask: What crime have Nigerian outsourced bankers committed to deserve such treatment?
This is the first in a series of posts to appeal to:
1.Bolaji Lawal, Managing Director, Ecobank Nigeria
2.Jemimah Pelem, Head of HR, Ecobank Nigeria
We urge you to reconsider your decision to limit the outsourced pay increment to ₦25,000. This is unacceptable, both to us and to the #BankersSpeakUp community. The excuse of not making profits is a fallacy. If core staff can enjoy such significant increments, outsourced staff—who are just as vital to the Bank’s success—deserve the same.
To Workforce Group, take note: our attention will soon turn to you. This Ecobank matter will be a litmus test of your integrity and will shape the nature of our engagements in the days and weeks ahead. Stand up and be counted.
To everyone reading this, let’s stand in solidarity with our colleagues at Ecobank. Like, share, and repost this message to let the Bank’s leadership know they have our collective attention and support.
Together, we can demand fair treatment and justice.
#BankersSpeakUp
End!
@ecobank_nigeria@GroupEcobank
This is why the Yoruba appear to progress more than others.
See how you ask me for money. A Yoruba person will NEVER ask for money like that. They will likely say something like ‘E jo sir. E dakun’
If you are the one, who will you give? Respect is profitable!
#RenosNuggets