Uncertainty is gripping staff at Premier Credit following sudden mid-month contract terminations, a situation first exposed by Cyprian Is Nyakundi.
The abrupt decision has left many employees, especially loan officers, unsure about their future and whether they will be paid for the work they have done throughout January.
The lack of prior notice and the timing of these terminations have sparked outrage and fear among the affected workers.
According to information shared with Cyprian Is Nyakundi by an anonymous insider, the terminations have caused significant distress.
“The company has terminated the contracts of numerous loan officers effective from January 15th. We are left in uncertainty about whether we will be paid for this month, despite having worked the entire period,” the source revealed.
This sudden action has left employees feeling undervalued and betrayed by the company’s leadership.
Adding to their frustrations is the alleged mistreatment by branch managers, who are accused of demeaning staff for failing to meet disbursement targets.
Employees claim the constant pressure has created a toxic work environment, with some even being reduced to tears.
The whistleblower further noted the lack of professionalism and empathy, saying, “The leadership at Premier Credit, particularly the branch managers, treat us inhumanely.”
Another major concern raised by the affected staff is the lack of transparency.
The insider stated that no prior notice was given before the terminations were implemented.
“It is deeply concerning that the company can terminate contracts without any prior notice. They waited until mid-month to force loan officers to terminate their contracts,” the source explained.
This abrupt decision has left employees scrambling for answers and questioning the fairness of such actions.
For many, the uncertainty surrounding payment for January’s work is the most pressing issue.
These employees, who depend on their salaries to support themselves and their families, now face financial insecurity.
The lack of communication from management has only heightened their anxiety, with no clear indication of when or if their dues will be paid.
The revelations, brought to public attention by Cyprian Is Nyakundi, have sparked widespread criticism of Premier Credit’s handling of the matter.
The company is now under pressure to address the allegations, provide clarity on payments, and take steps to improve its treatment of employees.
The situation serves as a stark reminder of the importance of ethical practices in employee management and the need for companies to prioritize the well-being of their workforce.
Add Comment