The Flexi-time and Flexi-place, which comply with global best human resource practices, according to a statement from the lender, 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 lender.
Similarly, the Flexi-place package gives staff the opportunity to choose a convenient location from which they can carry out their job. In this pilot phase, staff, particularly those in the head office are encouraged to select locations closer to their residence.
The bank’s Executive Director, Strategy & Finance, Abubakar Suleiman, who described the pilot stage as highly successful, expressed his optimism that the initiative would enhance productivity of staff, promote bonding among family members, reduce the stress of waking very early and spending long hours in traffic to get to the office early.
“We recognise that the fast-paced nature of cities is likely to continue to deprive workers from spending quality time with their families as they spend a lot of time commuting to and from work. With the staggered resumption time offered by these initiatives, staff will be able to determine preferred and more convenient work hours. We believe with this initiative, they would be in a better position to spend quality time with their family, commute at more convenient traffic times and spend less on medical care thus become more productive at work.”