Sterling Bank introduces flexible work conditions for employees
Sterling Bank Plc has come up with a policy to promote work-life balance among its staff as it continues to strive to build a great place to work for its workforce through the introduction of Flexi-time and Flexi-place.
The initiative which complies with global best HR practices, according to a statement from the lender, is currently being piloted in the Bank’s corporate Head Office and is aimed at introducing flexibility in work arrangements for the Bank’s staff.
The Flexi-time arrangement allows members of staff the opportunity to determine their own working hours by choosing a convenient time to come to work within the options provided by the Bank. Similarly, the Flexi-place package gives staff the opportunity to choose a convenient location from which they can carry out their job functions. In this pilot phase, interested staff particularly in the Head Office are encouraged to select locations closer to their place of residence.
The Bank’s Executive Director, Strategy & Finance, Mr. Abubakar Suleiman who described the pilot stage as highly successful, expressed his optimism that the initiative will enhance productivity of staff, promote bonding among family members, reduce the stress of waking very early and spend long hours in traffic to get to the office early, improve the well-being of staff and ultimately promote work life balance among staff.
His words: “Employees in the cites are faced with the onerous yet elusive goal of maintaining work-life balance as they are confronted with the challenge of waking up very early to beat the traffic going to the office and also pass through same stress going home in the evening.”