OYO State Governor, Abiola Ajimobi has approved the payment of April and May 2017 salaries for workers in the state from the refunded second tranche Paris Club Fund and June released Monthly allocation from the Federal Government. Gov. The average OYO salary ranges from approximately ₹ 1,20,000 per year for Backroom Associate to ₹ 9,00,616 per year for Operations Manager. Get real time updates directly on you device, subscribe now. Mr. Bimbo Kolade, the state commissioner for Local Government and Chieftaincy Matters, who made the disclosure, explained that the sum […] Kindly Share This Story. Subscribe. Gov. [ad_1] Some workers in the employment of Oyo State have said they can no longer guarantee the industrial peace with the state Ministry of Local Government and Chieftaincy Matters with the way it treats workers and pensioners under it. Oyo Releases N13bn for Workers’ Salaries The Oyo State Commissioner for Local Government and Chieftaincy Matters, Mr. Bimbo Kolade, on Wednesday said N13bn had been released by the state government to pay five months’ salaries owed council workers, primary school teachers and pensioners in the state. Know Your Worth™. Ajimobi approves payment of outstanding salaries to Oyo workers. 9 Attention-Grabbing Cover Letter Examples, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, Sales Business Development Manager Salaries, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Oyo releases N13bn for workers’ salaries. How to Answer: What Are Your Strengths and Weaknesses? Glassdoor will not work properly unless browser cookie support is enabled. Olufemi Atoyebi, Ibadan. Following the agreement reached between the Oyo State Government and the leadership of the Nigeria Labour Congress (NLC) on the payment of salaries, workers in the state have … This followed Governor’s approval for the disbursement of funds to cater for welfare of the civil servants and teachers under the payroll of the state government. GBENRO ADESINA/IBADAN . Earlier in June, OYO had granted employee stock ownership plans (ESOPs) worth a total of around Rs 130 crore to all its furloughed employees impacted by the COVID-19 pandemic as part of its efforts to minimise the disruption being experienced by them. Hospitality unicorn OYO Hotels and Homes has announced that the company will be restoring the full salaries of its entrepreneurs in India and South Asia, a company spokesperson said. Image Government News. Hospitality firm OYO has laid off around 300 employees mainly from renovation and operations departments, according to sources in know of the matter.. Visit PayScale to research OYO Rooms salaries, bonuses, reviews, benefits, and more! He said weekends were inclusive, adding that the affected workers would get their full salaries and other benefits during the six months. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. How much do OYO employees make? Get the inside scoop on jobs, salaries, top office locations, and CEO insights. It is said that the Oyo state Government made arrangement to ensure that salaries and arrears of its workers’ and pensioners are being paid. Covid-hit Oyo lays off about 300 workers. Facebook. Share. “During this period, workers in the state also received a 300 per cent increase in salaries between 2011 and 2015 as well as 13th month salaries for three years consecutively. Oyo workers to receive 2 months salaries . Oyo workers to receive 2 months salaries. Please enjoy your anniversary hoodies now the cold winter is coming.... Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. It had also asked all employees in the country to accept a cut in their fixed salaries by 25 per cent due to the impact of the COVID-19 on the hospitality industry. Olufemi Atoyebi, Ibadan. Oyo lays off around 300 employees Centre aims to increase MSME sector contribution to GDP up to 50%: Nitin Gadkari OnePlus fires up the holiday cheer with OnePlus 7th Anniversary Sale - … Oyo salaries at companies. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Even during these challenging circumstances, OYO is doing its best to deliver on its people priorities.". Workers and pensioners in the civil service of Oyo State will receive January and February 2016 arrears of salaries and pensions within the next two weeks in a staggered arrangement. It stated that payment of October and November salaries have been made as further demonstration of its commitment to improve the lives of the people and the welfare of its workers especially in these times of economic recession. Published August 17, 2017 August 17, 2017. Jerks Up Workers’ Salaries by Gboliwe: 7:47am On Aug 29, 2014; HNosegbe: 2015 things. 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Oyo salaries at companies. Sign in Join News Olojede said this was based on an agreement reached between the government and the state chapter of NLC. Salaries posted anonymously by OYO employees. Investigations by NAN revealed that the state government is owing its workers a minimum of two months salaries Salary information comes from 1,384 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. In an internal town hall with its employees, OYO announced that with effect from August 1, 2020, it will be restoring full salaries with a fixed compensation of up to Rs 8 lakh. ), 7 of the Best Situational Interview Questions. oyo govt has tpaid another batch of 88 pensioners the sum of N203m as gratuity alongside the payment of the January 2019 salaries “Oyo State government is not deliberately denying workers their salaries. 0. Fourteen days after the Oyo State governor, Senator Abiola Ajimobi, approved the payment of outstanding salaries for September and October to all the public servants in the state, none of them has … The government, through the Commissioner for Finance and Budget, Mr. […] Real salaries of employees at Oyo, reported anonymously. Governor Abiola Ajimobi of Oyo State. Abiola Ajimobi. The state commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, who disclosed this on Thursday, explained that […] Oyo Assembly confirms State Customary Court President . Published August 17, 2017 August 17, 2017. Oyo will provide the employees it is laying-off with the regular compensation it offers which includes notice pay and leave encashment. OYO State Governor, Abiola Ajimobi has approved the payment of April and May 2017 salaries for workers in the state from the refunded second tranche Paris Club Fund and June released Monthly allocation from the Federal Government. Oyo workers to receive two months salaries as labour ends seven-month old strike. As a result, pay cuts for as many as 60 percent of OYO's employees across India and South Asia stand reversed and they will receive a full salary in the next payroll. When it is day 0 for OYO UK, and we can still celebrate this awesome bunch being in the business one year - it's amazing ! what is really the benchmark here? Rohit concluded by thanking the employees. 57 reviews from OYO employees about OYO culture, salaries, benefits, work-life balance, management, job security, and more. Uncover why OYO is the best company for you. "We are indebted to the passion and love that each one of our colleagues has shown and our efforts are to reward the employees for the long-term as they have supported the company during tough times, and do all we can to support them during these tough times. Gov. A free inside look at OYO salary trends based on 138 salaries wages for 55 jobs at OYO. Real salaries of employees at Oyo, reported anonymously. Twitter. Learn how to enable cookies. Gbenro Adesina/Ibadan The Oyo State Government has disclosed that the September and October 2018 Salaries approved by Governor Abiola Ajimobi has been paid to the state civil servants and teachers under the payroll of the state government. Compare pay for popular roles and read about the team’s work-life balance. Ajimobi approves payment of outstanding salaries to Oyo workers. “Workers in Oyo state will start getting the arrears […] Oyo workers to receive 2 months salaries . It is said that the Oyo state Government made arrangement to ensure that salaries and arrears of its workers’ and pensioners are being paid. In April, the company had announced furloughs and temporary leaves globally for certain number of employees, and had also asked all its employees to take 25 percent pay cuts from April to July as the company revenues fell due to the COVID-19 crisis. Share Tweet Google Whatsapp Line. The state commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, who disclosed this on Thursday, explained that […] Latest Business News oyo rooms oyo govt has tpaid another batch of 88 pensioners the sum of N203m as gratuity alongside the payment of the January 2019 salaries Reviews from OYO employees about OYO culture, salaries, benefits, work-life balance, management, job security, and more. Its like sundays. Welcome to the one year gang - many more to come. The Oyo State Government on Wednesday disclosed that over Nine Billion (N9bn) has been disbursed for the payment of salaries and pensions for the workers under the payroll of Local Government Councils in the state. The average salary for OYO Rooms employees in India is ₹720,121 per year. Remove this ad space by subscribing . The Oyo … AD. It stated that payment of October and November salaries have been made as further demonstration of its commitment to improve the lives of the people and the welfare of its workers especially in these times of economic recession. The government of Oyo State has confirmed receiving the sum of N7.2 billion as its own share of the Paris Club over deductions funds. OYO hands out pink slips to 300 workers from renovation, operations dept This is in line with the company's efforts to drive technology-enabled synergies and realign of some business functions to other verticals, leading to some redundancies across a few functions. This has been done in order to build a … 0. By Akeem Abas On Oct 29, 2018. Oyo also made sure that after the pay cuts, the fixed compensation for any employee won’t fall below 500,000 rupees (US$6,500) a year. What do we understand here by 'paying well'? By: FE Bureau | December 9, 2020 2:30 AM. Good times are here for civil servants in Oyo State as the Sen Ajimobi-led govt has concluded plans for the payment of their April and May, 2017 salaries once! Glassdoor gives you an inside look at what it's like to work at OYO, including salaries, reviews, office photos, and more. The Oyo State Government on Friday paid another batch of 88 pensioners the sum of Two Hundred and Three Million, Oyo Pays 88 Pensioners N203m Gratuity, Workers’ January Salary | InsideOyo. All content is posted anonymously by employees working at OYO. In April, Oyo had asked all its India employees to accept pay cuts besides sending a section of employees on leave “with limited benefits” from May-August. Oyo Assembly confirms State Customary Court President . Oyo workers to receive 2 months salaries 0. On August 4, during an internal town hall with its employees led by Rohit Kapoor, India CEO, OYO Hotels and Homes, and Dinesh Ramamurthi, CHRO, OYO Hotels and Homes, the company announced that with effect from August 1, 2020, it will be restoring full salaries with a fixed compensation of up to Rs 8 lakh. By Dipo Olowookere The September and October 2018 salaries of civil servants in Oyo State have been paid by the administration of Mr Abiola Ajimobi. Kindly Share This Story. Such misconception was borne out of ignorance and sometime deliberate mischief by those who can never see anything good in this administration. Mr Waheed Olojede, Chairman, Oyo state Chapter of Nigeria Labour Congress (NLC), said that workers in the state would start collecting their outstanding salary arrears from this week. OYO, JULY 4, 2016 – The Oyo State Government is seeking the understanding of workers and pensioners over the N29bn wage deficit representing five months salary arrears, which it blamed on dwindling allocation to the state from the Federation Account and paltry internally generated revenue. 665 reviews from OYO employees about OYO culture, salaries, benefits, work-life balance, management, job security, and more. The rest will see restoration in a phased manner from October 2020 where 12.5 percent of the total 25 percent cut will be restored from October 2020 and the remaining 12.5 percent from December 2020, added the spokesperson. Ajimobi approves payment of outstanding salaries to Oyo workers. GBENRO ADESINA/IBADAN . Salaries posted anonymously by OYO employees. This is the OYO company profile. Oyo State Government, has reiterated that concrete arrangements have been put in place to ensure that it clears the salary arrears of its workers’ and pensioners. 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