Organisations that are able to attract the best talent to achieve their mission and create value for shareholders are those that appreciate the hard work and contribution of staff. In light of this, Universal Merchant Bank (UMB) – one of Ghana’s leading indigenous banks – has rewarded its best staff for the 2017 financial year with an all-expenses-paid trip to Canada and a cash reward of GH¢10,000.
Mr. Michael Kwadwo Asamoah was adjudged the overall best staff who exemplified the bank’s core values of Speed, Passion, Excellence, Ethics and Diligence (S.P.E.E.D.) – beating five other worthy candidates to the highly-coveted prize as the UMB Grand S.P.E.E.D. Champion.
Michael won the overall best worker after he won the 2017 3rd quarter edition of the UMB S.P.E.E.D. championship and earned an automatic qualification into the UMB Grand S.P.E.E.D. Championship, to face five other candidates in a bank-wide vote to clinch the coveted title along with the mouthwatering prizes.
The UMB S.P.E.E.D Champion is one of the internal reward schemes instituted by management of the indigenous bank to reward staff who best exemplify its core values of S.P.E.E.D. in the performance of their duties and responsibilities.
The choice of a SPEED Champion
To qualify as a UMB S.P.E.E.D Champion, the nominees must be a staff-member of UMB, including contract and outsourced staff.
This, however, excludes executive management, heads of departments, branch managers; and communications department and customer service/quality assurance department staff.
Two staff are selected every quarter, one from the front-office and one from the back-office. All HoDs and Branch Managers are then sent a SPEED appraisal form to be completed for each staff-member in their department.
The SPEED appraisal form for staff with the highest score in a department is then forwarded to the SPEED Champion selection committee via dedicated email.
A vote is then cast at the departmental level to choose the SPEED Champion for that department. A list of short-listed candidates is then submitted to an in-house committee, whereby the eventual winner is selected.
After winning the 2017 3rd quarter UMB S.P.E.E.D. championship, and earning an automatic qualification into the next round which is the Grand S.P.E.E.D. Championship, Michael beat five other worthy candidates to clinch the coveted title.
For his prize, Michael walked away with a cash prize of GH¢10, 000; a Grand S.P.E.E.D. Champion citation; an all-expenses-paid trip to any destination in the world with US$1,000 spending money; and lunch with members of the Bank’s Executive Committee (EXCO).
Additionally, he has his picture displayed as winner in the UMB Hall of S.P.E.E.D. Champions at the UMB Head office.
The choice of Canada
The North America country represents one of the best places for holidays. Blessed with varieties of wildlife and water-bodies and creatures, millions of people visit Canada to experience the pleasures it holds.
From watching Grizzly bears in their natural habitat to experiencing Orcas and Blackfish, Canada is held as being one of the best places in the world to see whales.
Canada’s Yukon province also remains one of the best places in the world to see the Aurora Borealis. Visitors are delighted and awed with displays of the magical Northern Lights. Mountain-climbing and visits to various glaciers are also some of the main attractions.
UMB committed to staff welfare
Managing Director of UMB, Mr. John Awuah, noted that the decades-old bank is committed to creating a good working environment that will bring out the best in current staff as well as make it the employer of choice in Ghana.