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Nairaland Forum / Nairaland / General / Career / Banking Career Progression And When To Quit (12945 Views)
Lagos Stops Promotion Based On Career Progression, Reveals New Criterion (MUST R / An Investment Banking Career: A Thread for Questions, Advice & Vacancies / Please Somebody Should Help. This May Affect My Career Progression. (2) (3) (4)
Re: Banking Career Progression And When To Quit by MrGreenMavro: 8:41am On Mar 07, 2017 |
Re: Banking Career Progression And When To Quit by HAH: 8:46am On Mar 07, 2017 |
SuperPanther:agribusiness, real estate and I have a bakery, my future plant is being a big time industrialist with focus on flour mill |
Re: Banking Career Progression And When To Quit by dayosweetness(m): 9:11am On Mar 07, 2017 |
it is the most bleeped job you could ever dream off..but as some one said, it is good for young guys to explore, but is not a place you can stay for a long time.... 1 Like |
Re: Banking Career Progression And When To Quit by Nobody: 9:14am On Mar 07, 2017 |
Banking has greatly changed from what it used to be. Also the type of bank you find yourself in matters a lot. Promotions equals the amount of deposit you are able to mobilize. I have seen people stay on entry level positions for over 7years. Not because they were lazy or not good enough, but because the industry is very unforgiving. Especially in a bank with weak corporate governance. Always have an exit plan the moment you begin employment with a bank. Fear of the Unknown will be your greatest undoing if you let it tame you. 2 Likes |
Re: Banking Career Progression And When To Quit by FearFactor1: 9:46am On Mar 07, 2017 |
icon8: Am currently a banker. It there's something banking has thought me it's 'nothing is impossible". 2 Likes |
Re: Banking Career Progression And When To Quit by Adesiji77: 9:53am On Mar 07, 2017 |
Nice one @slydog @topic: IMHO, the "golden era" of banking is gone. This is not the best time to jump from one back to another. It is the bank to consolidate, finetune exit plan (Plan B) and make the best out of the system while it lasts. Will be back to make more comments 1 Like |
Re: Banking Career Progression And When To Quit by icon8: 10:53am On Mar 07, 2017 |
FearFactor1: Does that include the fallacious claim that "some people enjoy up to 3 promotions in one year" in present day Nigerian banking sector? |
Re: Banking Career Progression And When To Quit by blank(f): 11:12am On Mar 07, 2017 |
icon8: I know someone who got promoted to a Manager in one year and left to another bank same year for the next level. He is now in talks with his old bank to return and he has said that the only thing that will make him return is the next level i.e AGM and they are considering it. All these is taking place in 2 years. FYI, he is not in marketing. You just have to know which area is shining, be a performer and join the winning team. 6 Likes |
Re: Banking Career Progression And When To Quit by Nobody: 11:45am On Mar 07, 2017 |
slydog: Banking ... banking...a nice place to work...a place that consume your time... A place where promotion is hard to give, despite the hard work you put in the job.. pay for shortage..pay for fake note...being bullied by senior colleagues...where some senior ones are the best to have... . Do you notice Zenith bank. Workers..tellers n Note counters... That bank is awful...they declare large amount if gain, but yet, they don't pay there workers.. Imagine a note counter that has spent 13yrs with the bank...being paid 58500 and last month was promoted by adding just 5000 to the salary...some of the note counters has Msc,Bsc HND.. Even the new set of note counter they employ now...are being paid just salary..no health care .. No leave allowance..no Christmas bonus... but there's Christmas bonus for new tellers. ..No nothing..just salary only....the bank management is not trying...Thou don't no about other banks...but zenith has the worst management.... 2 Likes |
Re: Banking Career Progression And When To Quit by martooski(m): 1:10pm On Mar 07, 2017 |
FearFactor1: I NEED A BANKING JOB.... ALREADY AN EXPERIENCE BANKER |
Re: Banking Career Progression And When To Quit by leighcon(m): 1:47pm On Mar 07, 2017 |
You are definitely on the outside. Giving AGM position is not even the prerogative of the Bank itself, it is a level that requires approval of Central Bank of Nigeria. I am not saying this is untrue, but there are more facts you probably do not know of. blank: |
Re: Banking Career Progression And When To Quit by blank(f): 4:09pm On Mar 07, 2017 |
leighcon: I think you are the one who is on the outside. CBN does not select staff for AGM positions but will only confirm staff presented by the bank for those positions as long as you meet certain criteria such as years of experience, etc. I was mild in the way i presented the story. The bank has offered him AGM pending CBN confirmation and he is considering it. There are people that have spent 10 years in the bank and are only second level whilst some have spent less than that and have moved to higher levels. It's God's favour, hard work and keying into the 'in thing'. 4 Likes |
Re: Banking Career Progression And When To Quit by slydog(m): 4:56pm On Mar 07, 2017 |
icon8: Know a guy in GT who got three in a year and a guy in Access, two in a year, just meet and exceed target simple |
Re: Banking Career Progression And When To Quit by slydog(m): 5:01pm On Mar 07, 2017 |
Adesiji77: Smart one bro, I will be five years in banking and marketing this year and am burnt out. Am really grateful to my first bank, we were made to read Steven Covey's book 7 habits of highly effective leaders, and one habit that has guided me to this day is begin with the end in mind, from day one based on this habit I began thinking of my exit plan. I gave myself 5years to work, achieve my personal goals and leave the industry, and I can tel you my plans are working out, Five years by December this year, am sure of where I will be, Plan B! 2 Likes |
Re: Banking Career Progression And When To Quit by FearFactor1: 5:07pm On Mar 07, 2017 |
icon8: Have u heard of double promotion? 1 Like |
Re: Banking Career Progression And When To Quit by icon8: 6:32pm On Mar 07, 2017 |
FearFactor1: No, I haven't! I guess you haven't heard there's a difference between double and triple either. 1 Like |
Re: Banking Career Progression And When To Quit by icon8: 6:33pm On Mar 07, 2017 |
slydog: Their respective names, please? Especially the GT guy who got 3 in a year. |
Re: Banking Career Progression And When To Quit by bxcode(m): 8:28pm On Mar 07, 2017 |
balancediet:Nice analogy..... that's the motivation that drives me presently on the job... tho tasking and time consuming but the personal growth and transformation has been awesome. 1 Like |
Re: Banking Career Progression And When To Quit by balancediet(m): 8:34am On Mar 08, 2017 |
keep it up bro, May God make way for you. Am talking from expirience bxcode: |
Re: Banking Career Progression And When To Quit by leighcon(m): 3:32pm On Mar 08, 2017 |
blank: I was almost letting you know that you did not read until I saw the part in bold above, which agrees with my position. On the basis that you agreed you gave scanty information, I defer to you. Anyone will agree however that Banking pre-2009 is different from banking post-2009 as regards fast paced career progression. 3 Likes |
Re: Banking Career Progression And When To Quit by leighcon(m): 3:35pm On Mar 08, 2017 |
Using "Am" as opposed to "I'm" / "I am" could be a contributing factor as well, slydog: |
Re: Banking Career Progression And When To Quit by blank(f): 8:05pm On Mar 08, 2017 |
leighcon: Just to reiterate, awaiting CBN approval means that you will be accorded all the perks of office and be addressed as an AGM. Only in the official head count will it not show. Pre or post 2009, you still need to key in to the reigning thing to move fast. 3 Likes |
Re: Banking Career Progression And When To Quit by learoce(m): 12:32pm On Mar 09, 2017 |
blank:Please dear blank, you have been repeating this "reigning thing" ... I am really interested in knowing about it. If you can't share it here, kindly take an exception and respond to my pm |
Re: Banking Career Progression And When To Quit by itiswellandwell: 5:16pm On Mar 10, 2017 |
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Re: Banking Career Progression And When To Quit by Godmother(f): 5:51pm On Mar 10, 2017 |
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Re: Banking Career Progression And When To Quit by itiswellandwell: 5:54pm On Mar 10, 2017 |
Godmother: Alright Ma. Thanks 1 Like |
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