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Pay Structure of Most Nigerian companies as at February 2017 - Career - Nairaland

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Pay Structure of Most Nigerian companies as at February 2017 by Nobody: 12:52am On May 24
if you are looking to get an idea of how much some popular Nigerian companies pay their entry-level staff (i.e. newly employed fresh graduates), then you’re just on the right thread.

Read on to see the exact figures that these companies pay.
Bear in mind, however, that the information on this thread is subject to sudden change, so some figures may no longer be correct. In addition, even though we’ve tried our best to ensure that the figures and estimates are correct, we admit that the information here can’t be 100% accurate.


Banking

Union Bank N180,000/N258,000
Guaranty Trust Bank N209,000
Diamond Bank N240,000 (N80,000 for trainees)
United Bank for Africa N142,000
First Bank N150,000 + allowances worth around N150,000+
Access Bank N237,000
Enterprise Bank N249,000
Keystone Bank N127,000 excluding allowances
Fidelity Bank Plc N180,000
Skye Bank N104,000
FBN Capital N400,000+


Oil and gas

Shell (SPDC) N667,000 (permanent), N250,000 to N500,000 (contract
Exxon Mobil N1million
Total Oil N1million
Mobil Oil Nigeria N500,000
Mobil Producing Nigeria N700,000 – N800,000
Schlumberger N500,000
Chevron N750,000+
Halliburton N375,000
IOCs E&P (upstream) N600,000 to N1million
Independents E&P (upstream) N300,000 – N600,000
Multinational oil servicing N300,000 – N600,000
Tier 2/ Indigenous oil servicing N200,000 – N400,000
Tier 1 downstream N200,000 – N400,000
Tier 2 downstream N150,000 – N200,000
NNPC N190,000
DPR N190,000
PPPRA N190,000
NestOil Plc N150,000??


Manufacturing

PZ Cussons N145,000 (RDM i.e. sales)
Meristem N100,000+ with profit sharing
Guinness Nigeria N120,000 – N160,000
Dangote Sugar N150,000
Dangote Cement N140,000
Nigerian Bottling Company N148,000 – N160,000
Cadbury Nigeria Plc N130,000
Frigoglass N50,000
Nigerian Breweries Plc N350,000
Lafarge N90,000 excluding allowances


Electrical/Electronics

General Electric N300,000+
Huawei Technologies N200,000
Tecno Mobile N120,000
Ericsson N88,000
EEDC Eastern Electric Distribution Company N350,000
PHCN N79,000 (excluding bulk rent and pay leave allowance


Auditing and consulting

KPMG N171,000 b.t. (non-chartered ET)/ N145,000 (non-chartered ETOP)
PWC N140,000 (non chartered)
Deloitte N150,000 a.t.


Telecommunications

MTN Nigeria N180,000 – N250,000
Globacom N120,000
Airtel Nigeria N100,000??
MainOne. N150,000

Others

P&G N200,00+
INEC N77,000 (including allowances)
PAL N77,000
Multichoice N40,000 – N70,000


Additional points to note

Listed figures are for professional, permanent staff, not contract staff or ETOPs (except otherwise stated).

Some figures represent net total with tax deductions, while some represent salary without tax deductions.

All values are for monthly pay (not annual).

Oil exploration companies pay at least N500,000 for entry level employees, while servicing companies pay at least N200,000.


Multinational oil companies pay according to global standards because their employees can be deployed to anywhere in the world. This explains why they pay the highest salaries.

Most bank employees don’t get to earn the figures listed because the figures are for professional staff, whereas 75% of bank staffs are contract staff who don’t earn up to one-third of the figures listed. So, don’t be surprised to know that most “bankers” don’t earn as much as the listed figures.


Aviation companies pay between N600,000 and N800,000.

Actual salaries may vary slightly depending on qualification and unit.

Most companies offering seemingly low salaries bolster their pay with juicy allowances.

Help us make this thread better

If you think some figures on this threas are wrong or outdated, kindly help us with the corrections (and provide proof!). Similarly, if you know the entry level salaries of some companies that are missing on this list, kindly let us know, and we’d be eager to add them to the list.


http://www.nairaland.com/3179141/entry-level-salaries-nigerian-companies

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Re: Pay Structure of Most Nigerian companies as at February 2017 by Guest2017(m): 1:00am On May 24
What about uac? Both entries via MT n GSS
Re: Pay Structure of Most Nigerian companies as at February 2017 by Nobody: 1:09am On May 24
Guest2017:
What about uac? Both entries via MT n GSS
Someone would answer that for us. It took a lot to get the above figures

1 Like 1 Share

Re: Pay Structure of Most Nigerian companies as at February 2017 by Glaxx(m): 3:39am On May 24
Too much money. Recession no reach these people side oo.
Re: Pay Structure of Most Nigerian companies as at February 2017 by lonelydora(m): 4:26am On May 24
afroxyz and shankara7, are you here. Leave matter. We get some people wey dey work.
Re: Pay Structure of Most Nigerian companies as at February 2017 by lonelydora(m): 4:34am On May 24
Op, there is no difference between Mobil producing and ExxonMobil. Meanwhile some of the figures above are before tax while some are after tax.

The Halliburton figure is what they call consolidated salary, there are other things added to it which makes it rise above that figure. These are Graduate trainees oooo.


NNPC/DPR/PPPRA are also consolidated salary. Many allowances are added which shoots up the pay at month end, but you don't see it on the employment letter. They hide certain things because of tax. Give me NNPC job and I will never work for any of the big 5.

16 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by egbaguy2: 5:39am On May 24
I guess that lafarge salary must be huge after allowances are added...... I really dream working there in lafarge,either the cement or ready mix plant.

3 Likes 1 Share

Re: Pay Structure of Most Nigerian companies as at February 2017 by egbaguy2: 5:41am On May 24
Nigerian brewery is 375k....a female friend of mine checked her guy's phone and saw the salary alert.
Re: Pay Structure of Most Nigerian companies as at February 2017 by PaperLace: 5:48am On May 24
egbaguy2:
Nigerian brewery is 375k....a female friend of mine checked her guy's phone and saw the salary alert.
Make she thank God na salary alert she see _not side-chick alert. grin

Why she go even tell you her guy salary? angry
You're her male bestie ko?

OP, the question is : how can unemployed youths enter these organisations? especially those ones paying N500,000.

37 Likes 3 Shares

Re: Pay Structure of Most Nigerian companies as at February 2017 by hardbody: 6:02am On May 24
I will retire from oil and gas, the only industry i am yet to work in. I will dictate my pay.

3 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by Martiyu(m): 6:13am On May 24
Guest2017:
What about uac? Both entries via MT n GSS

I think the additional points to note answers that.

if you do have info on them, kindly intimate.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Abokii8(m): 6:29am On May 24
Petroleum Equalisation Fund and Bureau of Public Procurement salary?

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by WalkerMichael(m): 6:54am On May 24
Thanks for this info op. Is this a monthly or annual thing please shocked

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by 2el(m): 6:57am On May 24
What about FIRS , NAICOM, PENCOM, BOI, CAC ?

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by sirvvy: 7:20am On May 24
Please any idea if Nigeria Brewery Company allow internship for undergraduates?
Re: Pay Structure of Most Nigerian companies as at February 2017 by onymodel(m): 8:04am On May 24
February 2017...Enterprise Bank N249,000??

Iono understand... do we still have enterprise bank?
Re: Pay Structure of Most Nigerian companies as at February 2017 by onymodel(m): 8:04am On May 24
2el:
What about FIRS , NAICOM, PENCOM, BOI, CAC ?

FIRS 147k.....
Re: Pay Structure of Most Nigerian companies as at February 2017 by onymodel(m): 8:05am On May 24
Please who knows Immigration - Compass 8

BSC & HND.
Re: Pay Structure of Most Nigerian companies as at February 2017 by DICKtator: 8:09am On May 24
grin grin grin grin
Re: Pay Structure of Most Nigerian companies as at February 2017 by Benjom(m): 8:09am On May 24
Good effort OP. Thank God I earn more than all of them for now.

Are you in need of the best CV writer in Nigeria? Here are samples of his enviable works: www.exceptionalcv.com/cv-samples/
.

Re: Pay Structure of Most Nigerian companies as at February 2017 by LifeIsGuhd(f): 8:10am On May 24
onymodel:
February 2017...Enterprise Bank N249,000??

Iono understand... do we still have enterprise bank?

No, Heritage Bank

However the salary aint that much
Re: Pay Structure of Most Nigerian companies as at February 2017 by CROWNWEALTH019(m): 8:10am On May 24
PaperLace:

Make she thank God na salary alert she see _not side-chick alert. grin

Why she go even tell you her guy salary? angry
You're her male bestie ko?

OP, the question is : how can unemployed youths enter these organisations? especially those ones paying N500,000.
Human or divine connections

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by LexngtonSteele: 8:11am On May 24
Oil company salaries = mouth-watering.

Took me 7 years to get 700k + in an NGO (public health ) ....most don't even pay that well

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by Codes151(m): 8:11am On May 24
Nnpc go steal 30b den dey pay people like chicken! Useless idiots...

As for airtel, sha I no blame Una
Re: Pay Structure of Most Nigerian companies as at February 2017 by takenadoh: 8:11am On May 24
Well I don't know where u got ur info from Schlumberger doesn't pay 500k for starters.
it is less than half and depends on the department or unit.
Like Geoservices is about 100 n smth k for

1 Like 1 Share

Re: Pay Structure of Most Nigerian companies as at February 2017 by Stelvin101(m): 8:11am On May 24
Apart from Oil and Gas, Omoooo na self employment win am ooo. This is an eye opener and if calculate my profit for a month, I make more than some oil company holders shocked

14 Likes 3 Shares

Re: Pay Structure of Most Nigerian companies as at February 2017 by Jarus(m): 8:12am On May 24
Shell is higher than that. Mobil Downstream (which you put as Mobil Oil Nigeria) is not up to that.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Codes151(m): 8:12am On May 24
Glaxx:
Too much money. Recession no reach these people side oo.
mehn!! See 1m pay o
Re: Pay Structure of Most Nigerian companies as at February 2017 by Feranchek(m): 8:12am On May 24
choi! How the mighty has fallen! E don finish for Guinness Nigeria. NB of yesteryear has overtaken the mighty Guinness Nigeria so much that Guinness Nigeria couldn't meet up with payment of salary, hence the GREATEST retrenchment ever experienced in their history then moved cleaners to become operators (which have heavily backfired. Truth be told, I so much loved that company but they rested so much on their past laurels and failed to invest in the market, hence their nose-dive decline.
Re: Pay Structure of Most Nigerian companies as at February 2017 by jashar(f): 8:13am On May 24
smiley
Re: Pay Structure of Most Nigerian companies as at February 2017 by Joephat(m): 8:14am On May 24
Npower -30k for 170k graduates
Npower -5k for all the northerners who voted for buhari

5 Likes

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