Leave
Apart from the statutory entitlement of annual vacation leave,
the Bank provides leave supplementary to the annual leave. This
leave benefit falls under different categories depending on
the purpose for which the leave is required.
Vacation Leave
The annual leave allotment is 32 days for staff in grade 9 and
above, and 24 days for staff members from grade 8 and below.
Vacation Grant
Staff members who have been with the Bank for five years can
enjoy an extra month’s basic salary when taking their
annual vacation leave. After the initial period, the benefit
is paid every three years thereafter.
Maternity Leave
Female members of staff who have completed one year of service
at the Bank shall be eligible for three months maternity leave.
Of this period, the staff member will receive two and one half
months of full pay. A staff member who has not completed the
required period of service is entitled to maternity leave without
pay.
Compassionate Leave
To support staff in cases of urgent personal matters, death
or illness in the immediate family, the Bank grants up to five
days each calendar year as compassionate leave.
Special Leave
If you are representing your country or the Bank in sports,
culture or any other related activity, you can receive up to
one month of paid special leave each calendar year.
Group Health and Life Insurance
Each employee is covered by a comprehensive group life and health
insurance scheme that assists in the payment of medical costs.
A small percentage of the premium deducted monthly from salary
will provide medical, dental and optical coverage for staff
and their dependents.
Pension
Members of staff on the permanent establishment of the Bank
under the age of fifty years are eligible to participate in
the Bank’s pension fund scheme.
Loans and Advances
The Bank offers subsidised loans to staff who have been confirmed
in their post.
Fun at Work Day
The ECCB sets aside one working day every year at which time
staff is given the opportunity to dress in business casual attire
and take part in various fun activities through out the day.
Staff Facilities
Staff members have access to an on-site fitness centre available
for their use after working hours. Staff can access fitness
equipment and instructor led aerobic classes.
After-School Programme
The Bank provides an After-School Programme facility for children
of staff at the end of each school day. The programme’s
hours are 3-6 p.m. During school vacation the programme runs
full days. A small fee is charged for the service.
Subsidised Meals
The Bank’s facilities feature a staff cafeteria, which
provides meals at a subsidised rate on weekdays from 12 noon
to 2:00 p.m.
Recruitment
Staff of the Bank is recruited from the eight member states
that the Bank serves.
As part of the recruitment package, staff members recruited
from outside of St. Kitts are paid a settlement grant. A stated
amount is also provided for spouse and dependent children
where applicable. Economy class airfare by the most direct
route is provided for the staff member, spouse and dependent
children.
New employees of the Bank are provided with a formal orientation
programme. The aim of the programme is to provide a sense
of belonging and to help the staff member see how he/she can
contribute to the goals and vision of the institution.
Housing
Staff falling in grades seven (7) and above are provided with
a monthly housing allowance to defray the cost of housing.
Overseas
Staff members in grades 1-6 who at the time of recruitment
were not residing in St. Kitts are provided with an allowance
to supplement the cost of living.
Entertainment
Staff members in grades 11 and above receive an entertainment
allowance at rates approved by the Board of Directors.
Local Travel
Staff members in grades 11 and above are given a commuted
travel allowance at rates approved by the Board of Directors.
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Benefits