This constitutes more than 45 percent of the Company’s total workforce.
The promotion, which constituted more than 45 percent of the company’s total workforce and was approved by the Board of Directors, and announced over the weekend, was one of the staff improvement programmes by NAHCO Plc.
According to the company, the promotion which came against the background of an economy that is still in technical recession shows the importance that the Company places on its staff.
Announcing the promotion, through a statement issued by the media manager of the company, Tayo Ajakaiye, the outgoing Acting Managing Director/Chief Executive Officer, Mrs Folashade Ode, said that the promotion exercise was based on well – defined criteria that ensure fairness and transparency even as she restated the Company’s resolve to keep a happy and well-motivated workforce.
The statement declared: “A more transparent, performance-driven reward and compensation system will be put in place to improve our overall service quality with a positive impact on our revenue and profitability.”
Ode urged all staff to reciprocate the Board’s kind gesture by rededicating themselves to their duties to further enhance the progress of NAHCO.
The current promotion exercise came about two years after the Company promoted 390 staff.
The last promotion carried out in September 2015 was widely applauded by the aviation unions and other stakeholders who urged other operators in the industry to emulate NAHCO’s commendable welfare policies.
Only in July this year, the Company effected salary increment with some staff getting as much as 15 percent increase in their salaries.
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