The management of Ibadan Electricity Distribution Company (IBEDC) and its in-house electricity workers’ unions have signed a new condition of service to improve employees wellbeing and productivity.
Speaking at the signing ceremony at IBEDC office, Ibadan, on Thursday, the Managing Director, IBEDC, Mr Kingsley Achife, said the new condition of service had been carefully drafted.
Achife said the new condition of service would create harmonious balance between management’s goal and employees wellbeing.
He noted that the Electricity Act signed by President Bola Tinubu would bring complexity of business environment and competition in the industry.
Achife, however, urged the workers to out in their best for mutual benefits of IBEDC and the employees.
He added that the new condition of service captured a lot of things such as each employee service, exit package and other non financial benefits to improve the wellbeing of all IBEDC employees.
“We understand that the operating environment for workers is becoming more harsher, the salary has been increased by 25 per cent, what management want from staff is more hard work and partnership so that there will be enough money to support them as it’s supposed to be.
“The pallative package for the employees is going to be dependent on our performance, we must strive to be a viable company, be able to pay generation company and have surplus to support staff when and where necessary,” he said.
In his response, the President, National Union of Electricity Employees (NUEE), Mr Martin Uzoegwu, said the new document gives workers confidence of job security which would go a long way to cement a relationship and partnership between IBEDC and the Labour.
