Landmark University Announces 20% Salary Increase for Staff
The approval for this salary increment was granted in early November by the Board of Regents, as revealed by the Public Relations Officer (PRO), Olasunkanmi Olajide. In response to the decision, Olajide stated, "The significant announcement was made by the Vice Chancellor, Prof Kolawole Ajanaku, during the university’s Faculty Fellowship on Friday, December 1, 2023."
Landmark University (LMU), situated in Omu-Aran, Irepodun Local Council of Kwara State, has declared a substantial 20% increase in salaries for all categories of its staff. The announcement was made by the Vice Chancellor, Prof Kolawole Ajanaku, during the university's Faculty Fellowship on December 1, 2023.
The approval for this salary increment was granted in early November by the Board of Regents, as revealed by the Public Relations Officer (PRO), Olasunkanmi Olajide. In response to the decision, Olajide stated, "The significant announcement was made by the Vice Chancellor, Prof Kolawole Ajanaku, during the university’s Faculty Fellowship on Friday, December 1, 2023."
The Vice-Chancellor expressed gratitude to the Board of Regents, specifically acknowledging the Chancellor, Dr David Oyedepo, and the Pro-Chancellor, Mrs Faith Oyedepo, for their leadership in making this compassionate decision. He recognized the board's sensitivity to the global economic challenges faced by the workforce and commended their empathetic stance in addressing these concerns.
The salary increment, set to take immediate effect, is not only expected to have financial implications but also aims to enhance the morale and commitment levels of the faculty and staff. Olajide explained, "It is to boost the morale and commitment levels of the faculty and staff. The gesture is to instil a renewed sense of dedication and enthusiasm in the workforce."
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This decision aligns seamlessly with Landmark University's overarching vision of nurturing and equipping a new generation of leaders who will make significant strides and contributions in their respective fields. The move is seen as a proactive response to mitigate the adverse effects of escalating inflation on the national economy, reflecting the institution's commitment to the well-being and motivation of its workforce.