Bank Windhoek employees received an 8.5 percent salary increase

Bank Windhoek employees received an 8.5 percent salary increase

Bank Windhoek employees received an 8.5 percent salary increase

Martin Endjala Bank Windhoek has announced an 8.5 percent salary increment for all its employees following the successful conclusion of negotiations this week between the bank and the Namibian Financial Institutions Union (NAFIU). Baronice Hans, Managing Director of Bank Windhoek, stated that for the fiscal year 2023/24, staff members would receive the mutually agreed-upon increments of eight percent on their salaries, rental, and transport allowances. Hans explained that the increment was necessary as the bank recognizes its employees as the voice and face of the bank’s brand. “We understand that our staff members are our most significant assets, representing the…
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