If you were earning 300K 15years ago i.e Yr.1999 you will end up with 1.5*15*300K-500K=6.7M-11.2M

I can assure you these guys have loans that are more than that sendoff amount (think mortgages,car & Sacco loans).Some invested while others bought BMWs & moved to rent in more upmarket areas. It cannot be easy.

I know one from KCB who got 10M, paid 3M Sacco loan & 5M mortgage.He was left with 2M. He is an old ex-banker,with 2 kids still in school.It would take quite sometime to get another job at that age.

Rem a 40% loan offset. I there are those who have invested wisely and put their families in position. Your failure to utilize your salry well while on employment should not be an excuse and a burden to the employer. Live your level...if you didn't inherit anything then begin with basics.ukijifanya kutuonyesha usonko shauri yako. Ref retrenchment,those who re-org well an settled on whatever little are alive and doing well,those who complained & blamed gvt walikufa or live miserably. On your first salary just begin planning for retire/retrench/sacking/resign....compare such a send off package how many kenyans get such????very few. Usipojipanga mwenyewe utapangwa na dunia.

@mkonomtupu, you are spot on here. A friend working at coop with some serious side hustles had applied to be included in the list. He tells me there were about 40 such applicants. They were all declined.

Reason, the fact that a young guy in his late 30s or early 40s wants to quit employment tells your boss something. You are confident about yourself, you are self-driven and you definitely know you have valuable skills that you can monetize elsewhere. Its no coincidence that this group also happens to be the most productive. They work for the bank.

The rest are the dead weight who are 'employed' at the bank waiting for salo at the end of the month.

@boris nd @frm very true.bankers nd loans is the norm.