By Agency Reporter

Thursday, 4 Nov 2010

Oceanic Bank International Plc has promoted a total of 318 employees in recognition of their outstanding performances.

Also, 136 workers of the bank got increment in their compensation package to further motivate them.

A statement from the bank said the promotions and salary increments were done to recognise employees who had performed very well.

The statement read, ”In line with bank‘s resolve to reward performance, the mid-year performance appraisal review for the period January to June 2010 was concluded and has been ratified by the Executive Management. A total of 4,707 staff representing 90 per cent of the bank‘s staff strength was appraised.”

The statement added that a critical assessment of staff appraisal results and agreed performance was done. It added, “The assessment considered the evidence of staff input and achievements leading to the elevation of a total of 318 staff.”

Source: Punch