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Equity Bank national staff demand pay rise

Author : | Published: Monday, January 18, 2016

The national staffs at the Equity Bank have gone on strike all over the country, demanding for a pay rise.

They want the increase to be in line with the current rate of the pounds against dollars.

Last month, the Central Bank abandoned the fixed rate and left it floating.

The rate rose from 3.17 to 18.55 pounds per dollar in the commercial banks.

Equity Bank staffs, who are more than 200, say they notified the management last week and gave them three days to respond.

But they received no feedback.

“Without a response, we are laying down our tools,” said an employee who requested anonymity.

“The least person being paid in equity bank is 2,000 pounds which cannot even buy a pair of shoes, leave alone our families abroad,” said John (not real name).

A secretary at the bank revealed to Eye Radio that the management was currently in a meeting, but it was not clear whether they were discussing the demand of the workers.

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