Bank Windhoek approves 7% annual salary increases

WINDHOEK - Bank Windhoek has confirmed an average of 7 percent 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 Managing Director, Baronice Hans. She further emphasised that the adjustments are performance-based and will, as such, be applied in line with the bank’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 also thanked the Namibia Financial Institutions Union for the spirit in which the negotiations were conducted and concluded. “We would like to reassure our clients and stakeholders that Bank Windhoek will continue to drive exceptional customer service whilst remaining relevant in a highly competitive environment,” Hans said.