- – Whitemoney surprises many by revealing he pays his 150 staff members five years in advance to streamline management responsibilities and avoid distractions.
- – Whitemoney’s proactive and employee-centric management style sparks discussions within the business community, with experts praising his innovative approach to talent retention and workforce management.
- – Business analyst Chima Nwoke hails Whitemoney’s bold and innovative move as a demonstration of his commitment to employees and strategic foresight.
In a move that has surprised many, Big Brother Naija (BBNaija) star Hazel Oyeze Onoduenyi, popularly known as Whitemoney, has revealed that he pays his 150-strong staff five years in advance.
The reality TV show winner, who has carved out a successful entrepreneurial career since his appearance on the show, provided insights into his unique approach during a recent podcast interview.
Whitemoney explained that his decision to pay his employees several years in advance stems from his desire to streamline his management responsibilities and avoid the potential for distractions. As a self-described “multi-versatile person” juggling numerous business ventures, the 29-year-old entrepreneur found that the traditional monthly or annual payment schedule could easily slip his mind amid his packed schedule.
“I operate on that system because it helps me take my mind off things,” Whitemoney said. “The way I thought of my system was because I’m a multi-versatile person. I do a lot of things and I can easily get carried away. I currently have 150 staff.”
By adopting this forward-thinking approach, Whitemoney has ensured that his employees’ financial needs are taken care of well in advance, allowing him to focus his attention on the strategic direction and growth of his various enterprises without the constant worry of payroll responsibilities.
The BBNaija star’s revelation has sparked discussions within the business community, with many praising his proactive and employee-centric management style. Experts suggest that Whitemoney’s unconventional approach could set a new standard for talent retention and workforce management, particularly in the rapidly evolving landscape of entrepreneurship and small-to-medium-sized businesses.
“Paying staff five years in advance is an incredibly bold and innovative move,” said business analyst Chima Nwoke. “It not only demonstrates Whitemoney’s commitment to his employees but also showcases his strategic foresight and ability to prioritize the long-term well-being of his organization. This type of forward-thinking leadership is exactly what the business world needs to inspire the next generation of entrepreneurs.”
As Whitemoney continues to navigate the challenges and opportunities of his multifaceted career, his decision to prioritize his staff’s financial security has earned him widespread admiration and recognition within the Nigerian business community and beyond.
Watch the video clip below.
