Competition for key talent has seen senior bank managers and directors receive a pay rise over the same period.
The drop in the number of bank managers has perpetuated the notion that the position could be face more changes as financial institutions embrace technology and adopt innovations as part of their day-to-day business and service delivery.
Also, Cutbacks in the number of managers in the sector marks a significant shift in Kenya’s banking industry that has in the past tended to focus on low cadre employees when retrenching workers.
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