{"id":255269,"date":"2016-10-06T06:00:41","date_gmt":"2016-10-06T06:00:41","guid":{"rendered":"http:\/\/citifmonline.com\/?p=255269"},"modified":"2016-10-06T06:00:41","modified_gmt":"2016-10-06T06:00:41","slug":"bog-justifies-us504000-for-gold-watches-we-wont-devalue-loyalty","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/10\/bog-justifies-us504000-for-gold-watches-we-wont-devalue-loyalty\/","title":{"rendered":"BoG justifies US$504,000 for gold watches: ‘We won’t devalue loyalty’"},"content":{"rendered":"
The Bank of Ghana (BoG) has justified its decision to spend US$504,000 on gold watches to reward retiring staff as part of their conditions of service.<\/p>\n
Noting that this policy of rewarding deserving staff has been with it since the 70s, the BoG has said it will not devalue the dedication and commitment of loyal employees who have toiled for the company.<\/p>\n
Speaking on Eyewitness News<\/strong>, the Director of Communications at the BoG, Bernard Otabil, said, \u201cif you served an institution for a certain number of years, that institution offers condition of service that would now allow you to enjoy some benefits of some sort after you have left that particular institution.\u201d<\/p>\n