Bank Windhoek approves 7% Annual Salary Increases

14 September 2018 | Banking

Bank Windhoek is pleased to announce an average of 7% in salary increases for the 2018 remuneration period.

“We are happy to have reached a mutual agreement on the percentage salary increases and additional employee benefits for the 2018 financial year,” said Baronice Hans Managing Director. She further emphasised that the adjustments are performance based and will, as such, be applied in line with the Company’s remuneration policy.

“We realise that everybody is going through tough times, these challenges are felt not just by businesses but also by individuals. Our aim is to improve the financial circumstances of our employees and we will continue to do so during the next financial year.”

Bank Windhoek would like to thank the Union, NAFINU, for the spirit in which the negotiations were conducted and concluded.

“We would like to reassurance our clients and stakeholders that Bank Windhoek will continue to drive exceptional customer service whilst remaining relevant in a highly competitive environment,” Hans concluded.

Similar News

 

Cheques phased out by Bank Windhoek

4 days ago - 14 December 2018 | Banking

Bank Windhoek’s final cut-off date for processing of cheques as a means of payment will be 30 June 2019. “This is to meet the Namibian...

SME holiday preparation tips

2 weeks ago - 30 November 2018 | Banking

As the festive season approaches, some businesses will close for the holidays. This time of year allows businesses to reflect on their achievements and the...

Easy and accessible banking

2 weeks ago - 30 November 2018 | Banking

From humble beginnings in 1907 with only 12 employees in Lüderitz, the FirstRand Namibia Group today employs more than 2 300 people.FirstRand Namibia Group has...

Green giant rises in CBD

2 weeks ago - 28 November 2018 | Banking

Staff Reporter – Almost N$700 000 will be spent every day for the next two-and-a-half years building Nedbank Namibia’s new head office at Freedom Plaza...

FNB Namibia appoints national sales manager

3 weeks ago - 23 November 2018 | Banking

Kalla Toivo has been appointed as FNB’s national sales manager. Toivo joined FNB Namibia in 2008 as a seasonal worker in the exclusive banking department...

The Benefits of sustainable investments

3 weeks ago - 21 November 2018 | Banking

Claire HobbsIn many first world economies, the effects of global warming continue to manifest as a business reality. In response to this crisis, the Namibian...

Surviving Black Friday

3 weeks ago - 21 November 2018 | Banking

Before you head out the door this weekend with a strong cup of coffee, some patience for crowds and comfortable shoes, plan ahead with these...

Good Business

4 weeks ago - 20 November 2018 | Banking

The Development Bank of Namibia (DBN) held its annual Good Business Awards and Innovation Award ceremony in Windhoek on Thursday evening. The black-tie event saw...

Bank Windhoek rewards top coastal estate agents

1 month - 14 November 2018 | Banking

J&B Estates was awarded as the top estate agency for the coastal region at the recently concluded Bank Windhoek Coastal Estate Agents Awards ceremony hosted...

MSR brings hope

1 month - 09 November 2018 | Banking

Unemployment and poverty are just two socio-economic challenges that impede human progress. Not having the means to purchase essential goods, such as food, can impede...

Latest News

Police divers search for drowning...

21 hours ago | Crime

Police divers are searching for the bodies of four girls - aged 13, 15, 16 and 17 - who drowned in the Orange River on...

Support your child

21 hours ago | Columns

For many thousands of young Namibians, who wrote their grade 10 and matric examinations this year, it is a time of great uncertainty, as they...

PDM embarrassed by govt

21 hours ago | Politics

The Popular Democratic Movement (PDM) says 2018 was an embarrassing year, as government leaders failed to address rising labour, social and economic problems. PDM...

Iilonga to be buried in...

21 hours ago | People

President Hage Geingob has accorded liberation veteran, politician and unionist Petrus Iilonga a state funeral.In a media statement, the presidency announced that Iilonga would be...

Mujoro 'excited' about DRC EVMs

21 hours ago | Politics

With elections in the Democratic Republic of Congo (DRC) slated for 23 December, Electoral Commission of Namibia (ECN) chief electoral officer Theo Mujuro is currently...

Litterbugs beware

21 hours ago | Environment

Littering and other environmental damage will not be tolerated in Namibia's national parks and protected areas this festive season. The environment ministry, together with the...

Van der Westhuizen tops

21 hours ago | Sports

An 80-year-old golfer, Piet van der Westhuizen, was recently crowned as the winner of the Bank Windhoek Senior Open Golf Championship that took place in...

Legends turn on Mourinho

21 hours ago | Sports

Jose Mourinho came under fire from Manchester United legends after his side's dismal display in a 3-1 defeat at Liverpool that underlined just how far...

Magic to tango with Julinho

21 hours ago | Sports

Tura Magic will clash with Julinho Sporting tonight in the 2018/19 Namibia Premier League (NPL).The match will take place at the Sam Nujoma Stadium at...

Load More