Barely one week into the New Year, Skye Bank has disengaged some of its staff members and transferred their employment to third-party firms.
Hundreds of employees are expected to be affected by the development.
A statement by Skye Bank announcing this on Sunday, however, said the move was part of the initiatives to strengthen all cadres of its workforce.
Some of the staff members to be affected, according to the lender, are tellers, drivers, security personnel and other key support staff members.
According to the statement, the outsourcing companies appointed by Skye Bank to take over the employees are Optimum Continental Services, Strategic Outsourcing Limited and Integrated Corporate Services Limited.
The bank, however, gave the assurance that the outsourcing firms would engage the disengaged employees under the same terms and conditions of the financial institution.
The statement read, “ As part of the initiatives to strengthen all cadres of its work force, Skye Bank has engaged the services of Optimum Continental Services, Strategic Outsourcing Limited and Integrated Corporate Services Limited, three top rated professional human resource management companies to manage its support function staff.
“The bank took the decision as part of the initiatives to position itself for excellent service and superior performance in the coming years.
Skye Bank, which noted that efficiency and excellent customer service would be key to success in the market place in the years ahead, said the support functions were pivotal to the ability of the bank to meet its growth objectives.
It added that the support functions needed to be managed by professional human resource companies who have extensive skills and competence in such regard.
The bank further said, “To assure the welfare of the staff who are mostly on the lower cadre, the bank insisted that a non-negotiable condition for taking over the support staff by the human resource companies is that the staff will enjoy the same terms and conditions as they did, when they were employed by their former employer, Skye Bank Resources Limited.
“Under the new arrangement therefore, the affected officers who consist of drivers, security officers, tellers and other support staff have been absorbed automatically by the new employers on the same terms and conditions they enjoyed prior to now. It is expected that the management companies who are industry leaders and experts in human resource management will enrich the quality of the officers by relevant training, skills transfer and enhanced welfare packages.” Agency report
