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Co-operative Bank fate.. discuss
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Swenani
#51 Posted : Monday, December 15, 2014 8:51:55 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
murchr wrote:
mawinder wrote:
gatoho wrote:
Kausha wrote:
It was a raw deal. 1.5x the less of number of years worked or number of years to retirement plus 40% outstanding loan balance waiver.


Damn them, a close relative fell victim and really not ideal.

We are taking them to court first thing Monday morning!!!!!!!!!!!



Wait first i sell then you sue them

Laughing out loudly Laughing out loudly Laughing out loudly
Shenzi!
If Obiero did it, Who Am I?
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Realtreaty
#52 Posted : Monday, December 15, 2014 10:02:58 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
lochaz-index wrote:
Rankaz13 wrote:
obiero wrote:
@rankaz share the inside scoop. ama ni porojo tu unauza


I wouldn't delve into too much detail without jeopardizing my sources. But the key word is procurement. Serious 'chicken' being shared out amongst the senior fellows. And I mean procurement of everything literally, from the core-banking system software, security guards services, leasing of buildings in which some of their branches are located, etc etc.


@rankaz I second you on the part of leasing of not some but most of their respective branch buildings.... serious 'chicken ' I tell you.

Did all these 160 Managers have loansd'oh! ?
What was the initial staff Company agreement on mode of payment?
The best thing is management staff enjoy good package and no union matters in them.smile
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mlennyma
#53 Posted : Monday, December 15, 2014 10:15:59 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Losing a job of this status in a country crowded with unemployment is sooooo painful
"Don't let the fear of losing be greater than the excitement of winning."
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XSK
#54 Posted : Monday, December 15, 2014 11:06:24 AM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
mlennyma wrote:
Losing a job of this status in a country crowded with unemployment is sooooo painful


very very true

With xmas just next week there is no holiday for them. On the brighter side, such circumstances bring out the best in some people. They are then able to take risks that they previously could not!
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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mkonomtupu
#55 Posted : Monday, December 15, 2014 1:32:45 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
mlennyma wrote:
Losing a job of this status in a country crowded with unemployment is sooooo painful


What were they doing in those 15 years that they can't stand on their own. If they can't then they were just dead weight employees. Employment is modern day slavery
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Kalameni
#56 Posted : Monday, December 15, 2014 7:30:56 PM
Rank: New-farer

Joined: 9/20/2010
Posts: 80
seems this layoff hasnt had an effect on the price despite it being a costly exercise for sure.
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Boris Boyka
#57 Posted : Monday, December 15, 2014 9:16:41 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
The 160 managers have agross salary of 300-500k. most have worked for btwn 15-35yrs. computation is using the gross salary. A good number of employees were praying to be among the 160. it seems to be a blessing in disguise. surely si mbaya. RINK rafiki mfanyikazi wa ndani
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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maka
#58 Posted : Monday, December 15, 2014 9:39:05 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Boris Boyka wrote:
The 160 managers have agross salary of 300-500k. most have worked for btwn 15-35yrs. computation is using the gross salary. A good number of employees were praying to be among the 160. it seems to be a blessing in disguise. surely si mbaya. RINK rafiki mfanyikazi wa ndani

They can't get a better deal anywhere on this planet...
possunt quia posse videntur
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Mukiri
#59 Posted : Tuesday, December 16, 2014 12:33:43 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
lochaz-index wrote:
Rankaz13 wrote:
obiero wrote:
@rankaz share the inside scoop. ama ni porojo tu unauza


I wouldn't delve into too much detail without jeopardizing my sources. But the key word is procurement. Serious 'chicken' being shared out amongst the senior fellows. And I mean procurement of everything literally, from the core-banking system software, security guards services, leasing of buildings in which some of their branches are located, etc etc.


@rankaz I second you on the part of leasing of not some but most of their respective branch buildings.... serious 'chicken ' I tell you.

Kwanza the lessor who moved from Mambasani to South Sudi.. Serious serious shiken, mbora top-tok apatake yake.

Proverbs 19:21
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meme
#60 Posted : Tuesday, December 16, 2014 9:19:45 AM
Rank: Member

Joined: 7/20/2011
Posts: 161
Location: nairobi
maka wrote:
Boris Boyka wrote:
The 160 managers have agross salary of 300-500k. most have worked for btwn 15-35yrs. computation is using the gross salary. A good number of employees were praying to be among the 160. it seems to be a blessing in disguise. surely si mbaya. RINK rafiki mfanyikazi wa ndani

They can't get a better deal anywhere on this planet...

Patience. You cannot have a baby in one month by impregnating nine women....
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