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6% Salary increase for banking sector workers

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Unionizable bank employees and bank management will enjoy a six percent salary increase within 2019-2021. This follows successful union negotiations for the three-year period.

Banking, Insurance, and Finance Union (BIFU) spokesperson
Tom Odero together with Kenya Bankers Association representatives signed a
collective bargaining agreement on behalf of unionizable bank employees and
bank management.

The top agenda on the agreement includes a six percent salary increase and enhanced medical cover for unionizable bank staff.

There are approximately 30000 employees within the banking industry
– inclusive of unionizable staff and management employees.



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