G4S guards gets 15 percent pay hike

The private security giant, G4S has pledged to raise salaries for its employees by 15 percent, higher from an annual norm of 10 percent.

The company has also revealed a K2 billion investment in Malawi apart from other new amenities for its guards.

In an internal newsletter, the company’s Managing Director Alex Pettefer disclosed that this year the company will offer all salaried staff a 15 percent pay increase.

“This is a significant change from prior years where 10 percent has been the norm and we are now actively working on new programs for our staff to support and give better employee engagement making G4S one very big family,” Pettefer said.

G4S armoured vehicle

Investment

Pettefer also disclosed that the international security company operating in 125 countries has initiated a K2 billion investment programme, introducing new products which include Secure Data Management, Secure Journey Management and Fleet Management.

He added that they rebranded its courier division to secure logistics and have invested heavily in vehicles for the department.

“We have ordered 10,000 new uniforms from China, 3,000 uniforms from South Africa and are in the process of starting our own manufacturing site in Malawi. We are also starting three laundries in Malawi. One Blantyre, on in Lilongwe and the other in Mzuzu, these laundries will able to clean every uniform atleast once per week,” he explained.

Meanwhile, Pettefer disclosed that the company has introduced Challenger vehicle, which is only fully armoured cash vehicle of its kind in the country with a cash holding capacity of over K5 billion and more technologically advanced than vehicles used by Reserve Bank of Malawi (RBM).

Among other new initiatives for its staff, G4S has pledged to offer K10, 000 to employee of the month and K100,000 for best employee in 2012.

The company has also pledged to open bank accounts and give free mobile phones for all its guards; offer work promotion, and credit facility to every employee who has worked for more than one year.

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