Comments on: CBK Terminated All Employee Contracts http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/ Mark and Nat, a married couple who are living in Kuwait. Both are designers, Mark works in advertising while Nat runs her own design studio called Push+Pull. Mon, 13 Feb 2012 06:46:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ishaq http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-493288 Ishaq Thu, 15 Apr 2010 09:58:32 +0000 http://www.248am.com/?p=6905#comment-493288 Hi, i know some people who work for CBK and the staff was actually promised new contracts with nothing changed except for the fact that termination of this contract releases the indemnities pressure on CBK since they paid all the employees their indemnities and now a new resets that issue. so when they finally decide to fire them .. they wont have to pay as much (adding all the previous indemnities with the 5 year and the 15 year thing as Emily mentioned above) some of the staff is pretty happy about getting all that money in their hand.. well at least the person who told me was. :P Hi,

i know some people who work for CBK and the staff was actually promised new contracts with nothing changed except for the fact that termination of this contract releases the indemnities pressure on CBK since they paid all the employees their indemnities and now a new resets that issue. so when they finally decide to fire them .. they wont have to pay as much (adding all the previous indemnities with the 5 year and the 15 year thing as Emily mentioned above)

some of the staff is pretty happy about getting all that money in their hand.. well at least the person who told me was. :P

]]> By: Khaled http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-462134 Khaled Fri, 17 Apr 2009 11:10:06 +0000 http://www.248am.com/?p=6905#comment-462134 Hey mark I would just like to clarify some points on the issue. Here is a link to a post on c&n which i wrote: http://chartsandnumbers.com/2009/04/13/cbk-offers-employees-no-promises/ thanks Hey mark I would just like to clarify some points on the issue. Here is a link to a post on c&n which i wrote:

http://chartsandnumbers.com/2009/04/13/cbk-offers-employees-no-promises/

thanks

]]> By: mentabolism http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-462029 mentabolism Thu, 16 Apr 2009 05:17:15 +0000 http://www.248am.com/?p=6905#comment-462029 does this mean they are in the red...time to stop dealing with them and pull out all your cash?? does this mean they are in the red…time to stop dealing with them and pull out all your cash??

]]> By: Me http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461951 Me Wed, 15 Apr 2009 05:35:28 +0000 http://www.248am.com/?p=6905#comment-461951 looooooool @q8shadow looooooool @q8shadow

]]> By: sAmUrAi http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461914 sAmUrAi Tue, 14 Apr 2009 16:22:12 +0000 http://www.248am.com/?p=6905#comment-461914 I got a friend working at CBK, he'd told me CBK's been in trouble for a long time right after the investment houses started going down. I got a friend working at CBK, he’d told me CBK’s been in trouble for a long time right after the investment houses started going down.

]]> By: Hielda http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461864 Hielda Tue, 14 Apr 2009 06:46:00 +0000 http://www.248am.com/?p=6905#comment-461864 Apple.pie ,,,, that is BKME & not CBK Apple.pie ,,,, that is BKME & not CBK

]]> By: apple.pie http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461825 apple.pie Mon, 13 Apr 2009 21:00:11 +0000 http://www.248am.com/?p=6905#comment-461825 Isn't it CBK planning to become Islamic? Isn’t it CBK planning to become Islamic?

]]> By: 3azeez http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461813 3azeez Mon, 13 Apr 2009 19:20:46 +0000 http://www.248am.com/?p=6905#comment-461813 Thats stupid and makes no sense. If workers refuse to sign the new contracts the Bank will be forced to pay millions as the bank will have to pay each employer under Kuwaiti employment laws. Thats stupid and makes no sense. If workers refuse to sign the new contracts the Bank will be forced to pay millions as the bank will have to pay each employer under Kuwaiti employment laws.

]]> By: Ali http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461805 Ali Mon, 13 Apr 2009 13:19:47 +0000 http://www.248am.com/?p=6905#comment-461805 I guess this news is partly true. Since i had a couple of friends and spoke to him and they told me that they are getting the salary in advance and they will be having new contracts with less bonus or no bonus depands on the grade of the employee. But no salary cut so far. hope for the best . I guess this news is partly true. Since i had a couple of friends and spoke to him and they told me that they are getting the salary in advance and they will be having new contracts with less bonus or no bonus depands on the grade of the employee. But no salary cut so far.
hope for the best .

]]> By: Marzouq http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461803 Marzouq Mon, 13 Apr 2009 12:42:53 +0000 http://www.248am.com/?p=6905#comment-461803 A very sad state of affairs!! They r losing their indemnity which isn't legal, and CBK will be losing their workforce! A very sad state of affairs!! They r losing their indemnity which isn’t legal, and CBK will be losing their workforce!

]]> By: q8shadow http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461801 q8shadow Mon, 13 Apr 2009 12:07:23 +0000 http://www.248am.com/?p=6905#comment-461801 If she is I don't like her. She is scandalous. Maybe CBK trying to fire some Kuwaitis lol, renew everyones contract except the bad Kuwaitis ? :p If she is I don’t like her. She is scandalous.

Maybe CBK trying to fire some Kuwaitis lol, renew everyones contract except the bad Kuwaitis ? :p

]]> By: Kuwait http://www.248am.com/mark/kuwait/cbk-terminated-all-employee-contracts/#comment-461800 Kuwait Mon, 13 Apr 2009 11:49:04 +0000 http://www.248am.com/?p=6905#comment-461800 I didn't know NBK was female. I didn’t know NBK was female.

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