<|begin_of_text|><|begin_of_text|><|begin_of_text|>The Transformative Fund Account formed 18 months ago at the Central Bank of Kenya to hold proceeds from the voluntary pay cuts has only Sh35.2 million.
Super salary-scale civil servants are ceding only Sh2 million per month to the<wm> Central Bank. That amount has failed to be adequate to support the growth fund for the next seven million employees who are going to be given a bonus for meeting performance and achieving the targets.
Executive, Director, HR and Security, who wish their identities to remain anonymous as the organization is afraid, told The Nation that the available amount was enough to keep them employed.
“The Central Bank cannot hold even Sh2 million annually and has failed to keep employees in our employment with the compensation given to the superstaff members</wm>, it could have the organization collapse as it should have done long ago in our experience in previous banking