Tuesday, August 06, 2013

Wateen Announces Bonus for its Contractual and Permanent Employees

Tuesday, August 06, 2013
Wateen employees after tough time of last 4 year, when they had to wait for years for their bonuses, are relieved with a bonus across the board and are expecting 10 to 15 percent increment in salaries.

This bonus is for all Wateen contractual and permanent employees and will be calculated at 2 gross salaries for each employee!

Wateen is working on disbursing the amount before Eid. Every employee will receive a separate letter of the details regarding his disbursement.


In an email, sent to all employees of Wateen, Mr. Zamindar mentioned that everyone at Wateen has worked hard to turn Wateen around and great progress has been made over the last two years with the achievements that included the attainment of leading LDI business in the country.


He mentioned that company did remarkably well in the Enterprise connectivity business in the last one year through team effort from sales to engineering to finance where everyone came together to make this happen.


Check below the complete email that was sent to Wateen Employees:


I am pleased to inform you that we have not only met our overall business targets for 2012/2013 but exceeded them. I would like to congratulate and personally appreciate each one of you for this achievement!

We have worked hard to turn Wateen around and great progress has been made over the last two years. We managed:

•    To do wonders by getting the ICH through and making the Company cash flow positive. We have also become the leading LDI business for outgoing calls in Pakistan. All the mobile companies(GSM) route their international calling traffic through our network. 
•    Come closer to breakeven in the WiMAX business because of the contributions from all teams, especially the commercial and engineering teams.
•    Do remarkably well in the Enterprise connectivity business in the last one year. Again, it was a team effort from sales to engineering to finance where everyone came together to make this happen.
•    Transform our culture to an open and dynamic one – the Transformation Team has worked very hard to bring about this culture shift in Wateen.  Starting with the OPA panel meetings which created business momentum to the Values launch that took place this year, we have managed to build a culture of performance and success.
 
We have been able to stabilize the business and develop a platform for future growth.  Our performance was not consistent over the business lines but the ICH has compensated for those shortfalls and the organization at large is progressing in the right direction.  We have to make sure that each business line becomes profitable and that will be our focus for 2014.  Moving forward, our vision is to make Wateen into a dominant player by ironing out our inner challenges and aggressively moving into the market. There will be a greater focus on employee development and strengthening our culture by building on business success at all levels across Wateen!

With this  success and progress I want to share some wonderful news: your commitment and hard work will be rewarded with a board approved bonus: this bonus is for all Wateen employees and will be calculated at 2 gross salaries for each employee!

We are working on disbursing the amount before Eid. You will receive a separate letter of the details regarding your disbursement.

I am confident that each of you will continue to contribute to Wateen: that you will not only hold yourself accountable but also others, that you will raise the standard of your own performance and expect the same from others as well!

With deep appreciation of your achievements and assurance that we will be striving for continued success in the new year, I congratulate you once again on this achievement!

I wish you and your families a blessed Eid –  Eid Mubarak!  Its time to celebrate!

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