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Pay Structure of Most Nigerian companies as at February 2017 - Career (1) - Nairaland

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Re: Pay Structure of Most Nigerian companies as at February 2017 by Pidgin2(f): 8:15am On May 24
Very good pay
Re: Pay Structure of Most Nigerian companies as at February 2017 by doublecheif: 8:16am On May 24
Na oil company sure pass

2 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by greencard: 8:17am On May 24
hmmm not that bad

but the purchasing power of these pay are becoming lower day by day

4 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by loomer: 8:17am On May 24
Chai see money
Re: Pay Structure of Most Nigerian companies as at February 2017 by santicruz: 8:18am On May 24
singlessubway:
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
Re: Pay Structure of Most Nigerian companies as at February 2017 by Azo(m): 8:18am On May 24
Guest2017:
What about uac? Both entries via MT n GSS

UAC is between 50 & 65k for trainee
Re: Pay Structure of Most Nigerian companies as at February 2017 by atirolu(m): 8:19am On May 24
Senators 34 million
Governor 5billion
Rep 20million
Chairman 12 million
Counsellor 500k
President 1 trillion
Minister 1billion
Aids and domestic workers 120k

7 Likes 1 Share

Re: Pay Structure of Most Nigerian companies as at February 2017 by obojememe: 8:23am On May 24
keep deceiving una self, most banks now make use of consulting firms, i know someone with union bank not earning up to 80k

5 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by Structuralman: 8:25am On May 24
singlessubway:
[font=Times New Roman]

singlessubway: Very good and informative!!! Well done!!!
Re: Pay Structure of Most Nigerian companies as at February 2017 by gpmorgan: 8:26am On May 24
chijioke00119:
call or whatsapp the number in the picture below if interested thanks

You have been winning this millions for long, why are you interested for us to pay u 10k again b4 u give us sample?

Just do a free forecast for one day, if it enter then we believe u and patronise you, but if u are not doing one day free show then my thought is true as urs.
#scamalert.

9 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by toprealman: 8:30am On May 24
So these auditing firm no de even try.
Re: Pay Structure of Most Nigerian companies as at February 2017 by levi2: 8:30am On May 24
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

Your Analysis of SHELL SPDC is WRONG CONTRACT STAFFS IN SHELL VARIES
QA/QC COntracts and INSPECTION CONTRACTS that is N250,000 - N500,00 but
SERVICE CONTRACTS(CONTRACT STAFFS IN THE FIELD LOCATIONS) EARN N100,000 to 200,000 ( NO FIELD ALLOWANCE OR END OF CONTRACT BONUS or EVEN 13TH MONTH )
DON'T BE TOO QUICK TO RUSH TO BEING A CONTRACT STAFF IN A SHELL FIELD >>IT IS MODERN SLAVERY cry cry WHILE YOUR

TAKE NOTE
Re: Pay Structure of Most Nigerian companies as at February 2017 by naturalwaves: 8:31am On May 24
This is the most accurate list I have seen. The shell figure is so correct as it is 8 million naira per annum which makes 667k every month. Access bank has upgraded from the 237k to 250k+ for entry level. You should have done for the education sector too so people can see how much international schools pay and all. It would have made the thread better.
CC: singlessubway

4 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by naturalwaves: 8:33am On May 24
obojememe:
keep deceiving una self, most banks now make use of consulting firms, i know someone with union bank not earning up to 80k
...Then the person is not a permanent staff. The figure up there is for permanent staff.
Re: Pay Structure of Most Nigerian companies as at February 2017 by ioreth69(f): 8:33am On May 24
Glaxx:
Too much money. Recession no reach these people side oo.
I tells u
Re: Pay Structure of Most Nigerian companies as at February 2017 by majekdom2: 8:33am On May 24
Jarus:
Shell is higher than that. Mobil Downstream (which you put as Mobil Oil Nigeria) is not up to that.
That SPDC not SNEPCO... I think
Re: Pay Structure of Most Nigerian companies as at February 2017 by EmekaBlue(m): 8:34am On May 24
This one Na for paper. Reality is diff in most cases
Re: Pay Structure of Most Nigerian companies as at February 2017 by ioreth69(f): 8:35am On May 24
naturalwaves:

...Then the person is not a permanent staff. The figure up there is for permanent staff.
ok
Re: Pay Structure of Most Nigerian companies as at February 2017 by bigsmoke2(m): 8:36am On May 24
Let me add dotor salary 80,000 to 800,000 this figure includes government (federal and state) and private hospitals.
Pay is usually determined by years of experience nd whether you are a specialist
Re: Pay Structure of Most Nigerian companies as at February 2017 by naturalwaves: 8:39am On May 24
ioreth69:
ok
Yes o. Contract staff earns 60k+ while permanent entry level staff used to be 157k or thereabout before the upgrade was done to around 206k. I know all these because I was formerly there.
Re: Pay Structure of Most Nigerian companies as at February 2017 by Mixty: 8:42am On May 24
singlessubway:
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.

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

Wow. Where do you get your information? I can boldly say your are largely correct.

Good work.

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by NOLONGTIN1(m): 8:46am On May 24
Ericsson pays more than that for contract staff talk less of permanent.

Contract staff in most companies (including Ericsson) is akin to modern slavery but permanent staff? Hmm

Ericsson permanent staff earn more than 250k excluding allowances and there are allowances like overtime, gym, stress allowance(when you work @ night - night shift) etc. I prefer to work in the telecoms department of Ericsson (4days On - 4days OFF) in a 12hr shift.

If I ever get there, I could use my four days OFF to travel to my village!

1 Like

Re: Pay Structure of Most Nigerian companies as at February 2017 by Billyonaire: 8:47am On May 24
Work for no one, do not be a slave in your own world.
Re: Pay Structure of Most Nigerian companies as at February 2017 by lloyds(m): 8:47am On May 24
Yes, Diamond Bank pay very well, I worked there before as a Mgt Trainee. Your figure should be right.
But they sack anytime without any genuine reason.
Re: Pay Structure of Most Nigerian companies as at February 2017 by egorov(m): 8:49am On May 24
What about NLNG
Re: Pay Structure of Most Nigerian companies as at February 2017 by ednut1(m): 8:49am On May 24
toprealman:
So these auditing firm no de even try.
the experience and exposure them go give u cannot be quantified. pple dey spend 3 years der go to other companies to become deputy/assitant manager or even managers self. while it wud take pple that started in those companies 7-10 years to bcom manager

2 Likes

Re: Pay Structure of Most Nigerian companies as at February 2017 by ednut1(m): 8:50am On May 24
Billyonaire:
Work for no one, do not be a slave in your own world.
pple like Obiano, Otti,Shetimma,Arouma Oteh wey work for person, are they slaves too
Re: Pay Structure of Most Nigerian companies as at February 2017 by kennysha(m): 8:51am On May 24
Pls does anyone know the salary structure of fan milk nig plc for ET or GT?
Re: Pay Structure of Most Nigerian companies as at February 2017 by toprealman: 8:54am On May 24
ednut1:
the experience and exposure them go give u cannot be quantified. pple dey spend 3 years der go to other companies to become deputy/assitant manager or even managers self. while it wud take pple that started in those companies 7-10 years to bcom manager
Even at that.....
Re: Pay Structure of Most Nigerian companies as at February 2017 by Billyonaire: 8:54am On May 24
ednut1:
pple like Obiano, Otti,Shetimma,Arouma Oteh wey work for person, are they slaves too
Yes, 100% slaves. Who ever works for another, to be paid by another, is owned by that person at the tenure he or she works for that person. This is truly the definition of slavery, it does not matter how much you are paid.

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