Employees of Guaranty Trust Holding Company Plc, the parent company of GT Bank, face a 50% pay cut if they do not get vaccinated for Covid-19, according to a meeting held last night.
“A protracted Covid-19 emergency among its personnel has caused Guaranty Trust Holding Company Plc (GTCO), owners of GT Bank, to establish a mandatory vaccination policy; defaulters face a 50% salary cut,” according to TheNewsGuru.
The news site said it “had earlier in the year published a report on how Covid-19 related symptoms affected a large number of staffers of Guaranty Trust Bank (GTB), located at 42 Oyin Jolayemi St, Victoria Island, Lagos”.
It added that “In the report, not less than 14 suspected Covid-19 cases were reported in the aforesaid office while a staff member (name withheld) was said to have died after showing symptoms similar to Covid-19, but the reporting bank claimed the deceased died of an asthma attack”.
The bank alerted all employees of the new required Covid-19 jab policy via an internal memo titled “Deadline for Covid-19 Vaccination”; dated September 13, 2021, which was sent by the bank’s Operational Risk Management Team, Ajose Adeogun office in Lagos.
The Memo partly reads, “All staff have been mandated to ensure they receive their vaccines in their various locations on/before 30th of September 2021″.
“Please be informed that starting October 2021, any staff that fails to comply will no longer be allowed into the bank’s premises and may be placed on half salary,” the news site said.