Barclays in Botswana

Work Place Banking

Work Place Banking is a proposition that uses the infrastructure of a company to bring banking solutions to its employees in a simple, innovative and convenient manner, ensuring loyal profitable customers for the bank. It is a proactive offering driven usually by non branch sales teams focused on selling and servicing employees of government, parastatal, as well as private companies. These teams provide specialized tailor made products and services to suit the specific needs of employees in different companies.

Target Market

Work Place Banking targets all permanent employees, but it is a channel geared mainly towards middle and low income earners

Benefits

For Employees

Convenience of being offered banking products and services at their place of employment
Access to Products/Services that they may not normally qualify for in their individual capacity
Personal consultation ensures that the unique requirements of individuals are met
Preferential rates for Mortgage, Vehicle Asset Finance and Personal Loans

For Employers

Enhances companies' prestige with unique offering for employees of that company
Minimises workforce disruption as employees are serviced at their place of work
Helps improve staff satisfaction thereby assisting employers in their goal of becoming employer of choice
The Bank takes over the employers loan book thereby reducing the administrative burden and improving cash flow