Finance Bank Zambia (FBZ) Limited has awarded its unionized workers a K730.00 salary increment across the board.
Speaking during the signing ceremony for the salary increment with the Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) this morning, Finance Bank Managing Director Barkati Ali says the increment is with effect from 1st January, 2015.
Mr. Ali says the bank has been impressed with the performance of the workers hence the need to motivate them.
He adds that the Finance Bank has also performed well resulting in a recorded profit and that giving back to workers is just one way of maintaining good working relations with the workers.
And ZUFIAW General Secretary Chinagti Msiska has commended Finance Bank Zambia for awarding the workers an increment.
Mr. Msiska states that though the percentage is not the best, it is a step in the right direction.
He has since advised workers at the bank to embrace productivity and aim to work hard at all times.
Posted by
Trixy
May 20, 2015 at 9:14 am
Wow!
New Educated Zambia©
May 20, 2015 at 3:09 pm
My company gave me an increment of 6% which is an increment of K1000 ……so i just use these money to pay for my home internet with Iconnect.I work in the mines & am not even a graduate though they report to me and I have oriented more than 10 so far in 8 years career.Am aged 31.I drive a Jeep,own two houses one in LSK & one in Ndola.I am planning to marry by december this year.
Denkete
May 20, 2015 at 7:23 pm
ok, so u are not a graduate, no wonder!!!!!
Ramsey
May 20, 2015 at 9:18 am
It’s all about time & chancin
PWI
May 20, 2015 at 9:21 am
Ikulu, thumbs up FBZ. ine ka company kampele 7% which is about K420
Kelly Sweets
May 20, 2015 at 2:00 pm
So roughly your salary is around K6,000.. Which is fine, I mean its above the average in in this country.. Where I work, I only get a gross of K4,200.. My increment this year was just a K200.. But am fine anyway
Minister Without Portfolio
May 20, 2015 at 9:34 am
@PWI at least you have been given 7% which is better than nothing. Bambi ifwe no increament for 2yrs now.
Beautiful Moma
May 20, 2015 at 9:36 am
K700 makes a huge difference. Life is tough out there.
poly
May 20, 2015 at 9:40 am
An increment of $96.00 today and back-dated to January is more than welcome. Akubombesheni!
kanchine
May 20, 2015 at 9:42 am
Some people will come out and say vote upnd couse with them private institution will not be allowed to increase salaries for their workers.
Trixy
May 20, 2015 at 9:50 am
Some of us are in support of UPND but we do not criticize everything under the PF…some things are a plus and personally I have never hesitated to give credit to them if something good happens. The fact of the matter is that PF is not doing too well….the economy is in a bad state and increments are the order of the day living a common man, the end user to suffer. The gap between the rich and the poor is very high and it will continue rising….wai keta?
kanchine
May 20, 2015 at 9:58 am
Nez is ever a problem in his comments and its only in zambia were we are not doing well economically but even other countries like tanzania,kenya e.t.c.
Hello Haters
May 20, 2015 at 10:51 am
You the problem because you always look for the problem in him, but frankly i no problem in his comments, maybe your brain is fried?
Trixy
May 20, 2015 at 10:58 am
NEZ is never a problem in his comment. Everyone on this site has a way of expressing themselves. It is a typical example of half full half empty glass of water. Moreover we all go overboard in our postings and are corrected…the same applies to NEZ.
kanchine
May 20, 2015 at 10:01 am
I meant not only zambia,thank u.
chief Puta
May 20, 2015 at 10:18 am
Thumbs up Fbz it’s means the economy z very sound for u to increase like that across the board. Credit goes to pf gud economic policies.And u xpect pipo to vote for ba kachema ….Lol uleti shani?
Hello Haters
May 20, 2015 at 10:34 am
It fair to a low paid employee, bang K 700 bonse mupoketi,ZUFIAW BRAVO! not other Unions who settle for 5%,10 %, ….type of increments, where only those with high pay feel the impact, hope they have learnt something.
Hello Haters
May 20, 2015 at 10:38 am
Nomba kwindi uleke ukuponta, at least you are improving, olo naushalako naka bufututu akanono.
Trixy
May 20, 2015 at 10:49 am
@Chief Puta…FBZ giving K750 increment across the board to unionised workers does not mean the economy is doing well….it is the management of FBZ who are compassionate and understanding. If this was not the case and if this increment is based on the economy doing well, a lot of companies would have given its workers this kind of increment…I once worked for FBZ and what I know is that they are and have always been good at giving increments across the board. Dr Mahtani is very good in as far as workers well being is concerned. He may have other weakness but this is his strength. Working for FBZ is like working for the Government…a lot of security. Bravo FBZ Management and Dr Mahtani!!
Hello Haters
May 20, 2015 at 10:55 am
Kikikiki they want to take the credit for someone ‘s initiative. Aikona.
Frank Manda
May 20, 2015 at 10:41 am
This a worth while gesture and goes down well with the PF policy of More Morey in the pockets. Am sure some companies should take a good leaf from this ” RAIN FALL in summer ” particularly after ascertaining that they indeed have the ability to pay.
Trixy
May 20, 2015 at 10:54 am
@Frank Manda…at PF policy of more money in the pockets? Is Finance Bank a Government bank? Desperation to shield PF’s campaign lies? lol!!
major chileshe
May 20, 2015 at 11:05 am
Yes,plus I have a side chick frm fbz,awe twanwa again.hello haters,trixy,nez,chief puta,jjb,denkete,tutu,chief of grief am invitin u all for drinks on saturday.lets drink this gal’s money
Hello Haters
May 20, 2015 at 11:10 am
iwe and you tsotsi chic knows about this one? Wilalaba ukubofya utu mipila, wanvela.
Mazombwe
May 20, 2015 at 11:23 am
….good resolve…but the law will still catch up with RM
major chileshe
May 20, 2015 at 11:30 am
Hello haters,the tsotsi 1 is my main chick muntu wandi,ka fbz nika side chick fye,bt she a big spender my niga
Trixy
May 20, 2015 at 12:19 pm
iyee…kanshi pa Saturday kunwa bebele!!!! does she come with her friends? (take a hint)…wink…wink…wink!
Hello Haters
May 20, 2015 at 12:28 pm
Kikikiki our army, our defenders, go go boys we proud of you, go on defend the Eagle, green, red, black and orange, but we need them health and strong all the time. Hope is careful.
kakolwe
May 20, 2015 at 3:49 pm
Kwena bamambala muli tupuba! Mwaimya notuputi pa ndalama shakwa FBZ lady? Am glad you didn’t invite me!!
Seriously, when you consider the statement from FBZ, increase in profit, increase in investment, cohesive workforce: these are the tenets of a stable economy. So the rantings of ALL UPee eND supporters about failed state, dwindling economy, heywire policies are erased by such a report.
Hello Haters
May 20, 2015 at 8:46 pm
iwe leka tuyangalile, mwa chagwa ka inflation na ka sky rocketing kwacha, her management is just obliged to raise her pay, living conditions has to be at par naka economic situa, tuponenemo,they have no choice, pali mailo ka gelo kakamba ukufolela muchola, overspending naka debt mwa chagwa, efintu.
Kwati like so
May 20, 2015 at 2:48 pm
Fbz tell us lowest wil b getting hw much. Let me also know hw much the most senior man gets so that i advise. Alot of disparities in these banks.
Herve Stalin
May 20, 2015 at 2:49 pm
mockery. you are posting huge profits then you give K455 net increase? I would not have my signature appear on such a collective agreement if I was a unionist or even manager.
major chileshe
May 20, 2015 at 3:01 pm
Mmmmm batumfweko sure why r u doin this,i jus wana hav sum fun wit hello haters and trixy bt u hav opted not to show my comments,plus why is it that am unable to reply to comments? Ata pa last mwaba ama tole ala
john
May 20, 2015 at 6:20 pm
Ok! Much beter this is a good way to motivate employees, some of us who wrk for private companies its now four yrs down the line without any increaments, we were expectant that this year things will be fine but to no avail aini. Anyway maybe our CEO will do something we shall keep waiting.
Most anoid
May 20, 2015 at 6:55 pm
Ndeloleshafye!
flank dux
May 20, 2015 at 8:19 pm
ba nakonde finance workers kulakumbafye kanshi
venga boy
May 20, 2015 at 9:13 pm
We work in different places and coys/ orgs. My monthly salary is €3,576 which translates as in ZWM is K 30,800/ mth. So why worry, spend according to your disposable income.
venga boy
May 20, 2015 at 9:14 pm
We work in different places and coys/ orgs. My monthly salary is €3,576 which translates as in ZWM is K 30,800/ mth. So why worry, spend according to your disposable income. mind your business mwana.