We are thrilled to announce the official signing of the 2024-2026 Full Collective Bargaining Agreement between ZUFIAW and Standard Chartered Bank Zambia.
This landmark agreement reflects our commitment to fostering a fair and equitable work environment for all our employees.
At the signing ceremony, SCB CEO Mr. Sonny Zulu emphasized our dedication to driving fair and equitable pay, ensuring that our employees are recognized and rewarded for their hard work and dedication.
Representing the union on behalf of the General Secretary, Mr. Victor Silungwe, Lusaka District Chairperson, shared some highlights of the Revised Conditions of Service, including:
– 15% Salary Increase: Demonstrating our commitment to fair compensation.
– Enhanced Out-of-Pocket Allowances: Providing additional support for daily expenses.
– 10% Housing Allowance: A significant step to assist our employees with housing expenses.
These revisions underscore our commitment to promoting a positive work environment where every employee feels valued, respected, and supported. Investing in our employees’ well-being is crucial to our success and growth, especially in challenging economic times.
We extend our gratitude to all parties involved in the negotiation process for their dedication, cooperation, and constructive engagement. Let’s continue moving forward together, building a stronger and more prosperous future for Standard Chartered Bank Zambia and its employees.
