I walked into one of the Nigerian banks recently. As I looked around, I noticed the folks across the counter. You could tell from their looks, mannerism, and conversation that these were not professional staff. They were most likely contract staff.
It was not the first time I observed it, it dawned on me the reality that was setting in gradually.
About five years ago, professional staff (first class, second class upper graduates) were the ones across the counter doing the work and collecting fat salaries.
The modus operandi of what they do is ROUTINE. This means that ANYONE can be trained to do it.
The banks are SMARTER! Just like any viable business, they are doing ALL they can to MAXIMISE profits and REDUCE overhead. What could have been the take-home pay for one professional staff, who is not GENERATING INCOME directly for the bank or with exceptional technical skills is paid to three contract staff.
It’s getting more competitive with the advent of Artificial Intelligence (AI).
Again, I ask – ARE YOU READY FOR THE FUTURE?
What’s happening there is affecting every other sector. If you’re involved in ‘ROUTINE WORK’ as an employee, it is time to STEP UP YOUR GAME.
Technological development is an ENEMY to manpower, but a friend to increased productivity.
As you prepare for the future, do not get carried away by the merriment.
Two things you should do if you want to remain relevant as an employee:
- Learn or develop competence in an INDISPENSABLE new technical skill.
- Get involved in INCOME-GENERATING or MONEY-SAVING schemes at your workplace.
No matter how efficient or productive you think you are, DOWN-SIZING never favours people without income-generating skills or specialised technical skills.
The future should not catch you by surprise.