Bank Management Locked in Talks with ICU as Workers Decry Unfair Allocation of Pay Hikes and Fuel Allowances
A wave of discontent has swept through Prudential Bank Ghana Limited as several staff members stage a protest, accusing the new leadership of unfair and selective treatment regarding compensation. The aggrieved workers are demonstrating at the bank's head office, demanding transparency and equity in how salary reviews and allowances are distributed across the workforce.
The core of the dispute centers on allegations that the bank's new management has implemented selective salary increases for specific junior staff members, reportedly overlooking employees who have dedicated many years of service to the institution.
Allegations of Favouritism Deepen Discontent
Sources within the bank, who requested anonymity due to the sensitivity of the matter, informed Citi Business News on Wednesday, October 22, 2025, that the management's actions extend beyond just pay hikes. The same selective approach is claimed to have been applied to the allocation of fuel allowances, which were allegedly distributed only to a chosen few.
These alleged actions of favouritism have significantly deepened the sense of injustice and dissatisfaction among the wider employee base. The protesting staff argue that such decisions undermine internal morale, erode trust in the leadership, and violate the principles of fairness and equitable reward for contribution.
The current atmosphere of industrial unrest highlights the critical need for a structured and transparent compensation policy within the banking sector, where employee motivation is vital for service delivery and operational stability.
Management Engages with Union to Resolve Crisis
In response to the growing internal crisis and the public protest, the management of Prudential Bank has swiftly engaged in a crucial meeting with the Industrial and Commercial Workers Union (ICU).
The objective of these urgent discussions is to address the workers' grievances directly and find a resolution that satisfies the staff's demands for equitable salary reviews and transparent communication. The outcome of the meeting is highly anticipated, as it will determine whether the bank can quickly restore industrial harmony and ensure its operations are not further disrupted by the internal discord.
The situation underscores the powerful role of labour unions, like the ICU, in mediating disputes between management and employees to safeguard the rights and fair treatment of workers in Ghana's financial sector. A successful resolution will depend on management’s willingness to implement corrective measures and establish clear, consistent standards for employee compensation and benefits moving forward.