So what will be a good salary in your opinion, not forgetting the obvious things like housing and car allowance.

When you say less than 2m, please break down the figure for me .

But the starting a business advice is worth serious consideration , since in this day and age no employment is as secure as they used to be decades ago.

Thanks

Using US standards 24M/YR=160KUSD, with that type of experience I will say ~1.5M a month is reasonale. I am unsure of how housing and car allowance works in naija. The above figures represents just take home pay.

Remember he is in the IT field so there is a "ceiling" on your earnings, in finance its a different ball game, since folks get spoiled with bonuses (pre2008), a typical pay package (investment banking) in the US in 2006 for a 22 year old coming out of college was
sign on bonus/relocation-10k
base salary- 60k
end of year bonus - (60k to 100k)
however, this industry is brutal as working 100hour weeks is very common.

As you stated earlier, starting your own business is the way to go no matter the "setbacks"

I've no idea why folks think that because they worked in IT abroad, they need to do the same thing when they relocate to Naija. Why not just use the money you've made and move into something else entirely, as in starting a business?

I mean, you could secure an international franchise in a promising sector and bring it into the country where brand name is so appealing.

Alternatively you could go it alone and set up a bowling alley, a transport firm, a hotel, a couple of gyms, a nightclub, a restaurant, or even an arcade or casino, and make an awful lot of money. There's a growing demand for top notch services of this sort in Nigeria, and coming from overseas, one can easily infuse something different into the system and make a serious killing.

The country is saturated with IT folks roaming about. Think outside the box!

My twopence!  

ROSSIKE:

I've no idea why folks think that because they worked in IT abroad, they need to do the same thing when they relocate to Naija. Why not just use the money you've made and move into something else entirely, as in starting a business?

I mean, you could secure an international franchise in a promising sector and bring it into the country where brand name is so appealing.

Alternatively you could go it alone and set up a bowling alley, a transport firm, hotel, a couple of gyms, a nightclub, a restaurant, or even an arcade and make an awful lot of money. There's a growing demand for top notch services of this sort in Nigeria, and coming from overseas, one can easily infuse something different into the system and make a serious killing.

The country is saturated with IT folks roaming about. Think outside the box!

My twopence!  

Sure but it depends on what you do in IT

How do you mean?

2 m a month(10th eurs),even a bank manager in eu wont grab that figure for 200hrs job a month

bigben431:

"We are talking here about experience, not degrees.

Experience in some of the most technically advanced and professional environments in the world , and that have customers from the Fortune 500 companies."

From the top of my head, I know pple who have comparable experience with you in the states that lost their jobs during the recession or still have their current jobs and will in a heartbeat take a job for less than 2M in naija. Experience matters over degrees sure, but one thing that is not on your side - COMPETITION. The market place has qualified people right now and IT skills are easily transferable. I see lots of Snr Manager level folks sending me resumes for associate type positions.
Suck it up work for ~2M a month make your connections and start your own, that is the optimal way out, and everything most not be in place to start your own business, savvy business folks see oppurtunities NO MATTER the situation.

Just a side thot, if you worked for an IT outsourcing outfit then the odds are higher.

Snr Managers looking for associate positions, you are joking right ?  

ROSSIKE:

How do you mean? 

If you are building and designing IT or network infrastructure, then there is a high demand for these skills in Nigeria as the current infrastructure is still rudimentary.

For example apart from mobile telecommunications, technologies like MPLS, Cloud computing , Utility computing are novel to the Nigerian market and have great potential to lubricate and expand business at far cheaper rates than is currently the case.

^^ It is precisely for those reasons why you should be looking at offering consultancy services to companies and not seeking a 'senior engineer' position.

Working in Nigeria involves compromises one way or the other - the work practices here are not the same as in the UK or US and you will have to adapt. Coming with a messianic mindset will not get you very far.

ROSSIKE:

I've no idea why folks think that because they worked in IT abroad, they need to do the same thing when they relocate to Naija. Why not just use the money you've made and move into something else entirely, as in starting a business?

I mean, you could secure an international franchise in a promising sector and bring it into the country where brand name is so appealing.

Alternatively you could go it alone and set up a bowling alley, a transport firm, a hotel, a couple of gyms, a nightclub, a restaurant, or even an arcade or casino, and make an awful lot of money. There's a growing demand for top notch services of this sort in Nigeria, and coming from overseas, one can easily infuse something different into the system and make a serious killing.

The country is saturated with IT folks roaming about. Think outside the box!

My twopence!  

i like your thinking. bowling alley   that will be the hangout spot. i have never understood the mindset of people who leave abroad to work in nigeria myself. if i leave abroad i am not coming home to work for anybody. thats just crazy. i am coming to set something up for myself.

debosky:

^^ It is precisely for those reasons why you should be looking at offering consultancy services to companies and not seeking a 'senior engineer' position.

Working in Nigeria involves compromises one way or the other - the work practices here are not the same as in the UK or US and you will have to adapt. Coming with a messianic mindset will not get you very far.

Go easy on me Bro, who said I was coming with a messianic mindset ?

You say you be big man, but you come nairaland come look for job??

Please direct your efforts here:

https://www.nairaland.com/nigeria/topic-576466.0.html

notcorrupt:

Go easy on me Bro, who said I was coming with a messianic mindset ?

I am actually in agreement with that . . . you are better off getting into the consultancy market than seeking employment with any of the existing firms. You are likely better off setting up your own business and offering IT solutions and upgrades to existing companies than getting yourself locked down in some dead-end IT job down then at this point.

buzugee:

a company that has 5 million subscribers in nigeria. now i have not been to nigeria in a while  so i dont know how much they charge but lets assume that each subscriber pays like 10000 a month. this will be 1200000 a year. multiplied by 5 million. this is sales of 600 billion naira in nigeria annually. you think such a company is not paying its directors a mere 48 million naira yearly ?

Multi billion dollar banks both in Europe and US still have directors earning $120,000 and there about. It is easy to throw numbers about, I would like to however see some evidence of this earning ability somewhere. I definitely did not see it in the pictures or the website for the particular company you posted. Again, that is all I had to go by.

buzugee:

i dont need to come up with nothing. like i said i know 2 people personally who are directors at etisalat. one of them was my senior at ijanikin (boarding school in badagry i went to after being plucked out of london FGCL ) and the other is someone i used to party with in nigeria but who lived in america for a while before relocating back to naija. and i know for a FACT that they both earn 48 million naira a year. whether you chose to believe it is your wahala. i got nothing to prove.

I dont know about N48 million, Last I heard was that Jubril was on like N22 million a year but maybe with all the other allowee the guy money fit enter N48 milla. I no fit lie, I dey envy the guy, the dude must be like 33 or younger and he already made director! But what you have to understand is that for every Jubril, there are 10,000 sufferhead. There are people he started with in the call centre that are still on the phones or have resigned in frustration.

Like someone said, Senior mangement in Nigeria are paid those high figures by some multinationals in because of the 'Nigerian' factors that have been put into consideration. If you pay a CEO in Nigeria the equivalent of £100,000 which is around the average amount CEOs earn in the UK, the CEO in Nigeria will have a difficult time to maintain a standard of living comensurate with the office he occupies. Think about it, if the man rent house or mortgage house for Ikoyi, thats N10 million out of N25 million per year gone already.

Me to i tire ooo! See people they concerntrate on others salary.

Sharon_f:

You say you be big man, but you come nairaland come look for job??

Please direct your efforts here:

https://www.nairaland.com/nigeria/topic-576466.0.html

My guy log off and start from tuesday,thursday guardian.

@kobojunkie

Please what exactly is your profile? What skills are you bringing to the table? Which sector do you think you will fit into?

Right now I see you just asking generic questions. Take a cue from the OP and give us a brief profile that will enable us give you proper insights. I WILL NOT GO THROUGH THE INCONVENIENCE OF GIV ING DETAILS OF EVRY HIGH-PAYING JOB i KNOW so if you do as requested I might have specifics for you. I'll just say that there are A LOT of people earning about 2 million naira a month in Nigeria, I DO FOR ONE (I work in O&G).

On a general note, I see a lot of ignorance on nairaland especially from our kinsmen in diaspora. You can have a very good career in Nigeria with your integrity intact and not having to lick any bosses' ass, it just depends on the company you work for. There are a lot of companies with well laid-out structures designed to prevent nepotism and favoritism especially in appraisal and pay determination processes. Simply put, your direct boss does not determine your appraisal 100%. You have processes to fdeal with integrity issues that will keep the whistle-blower anonymous (for conflict of interest, corruption etc). Your pay is well laid-out and never comes in later than 24th of every month come rain or shine. Personally, over the last 5 years I've averaged about 20% pay increase per year. To summarise, investigate the particular company you are interested in and ask questions of insiders. That a good gauge, not what one anonymous person says on nairaland.

bros abeg, I will email you my profile joor lets talk about that 2 million naira salary. What type of skills are they looking for and is connection a necessity

norrisman:

If you pay a CEO in Nigeria the equivalent of £100,000 which is around the average amount CEOs earn in the UK, the CEO in Nigeria will have a difficult time to maintain a standard of living comensurate with the office he occupies. Think about it, if the man rent house or mortgage house for Ikoyi, thats N10 million out of N25 million per year gone already.

Really? 10 million for mortgage? for how many months/years?

whats all this talk about mortgage. The Nigerians I know build there own houses. They drop 20 million naira on the spot

employee, entrepreneur, consultant, no matter which, you WILL be forced to compromise your integrity

as an employee, who will you work with? if oga says give manipulate the contract award process for my girlfriend what do you do?

as an entrepreneur, if an oga says settle me or you don't get your check, what do you do?

as a consultant, if an oga says settle me or we ignore your bid, what do you do?


personally, i don't really belive most of that western integrity rot. i have found that oyibos and naija expats can shed principles in a hurry when there's money to be made - high profile - look at bankole and our finance minister

low profile - look at oyibos jumping queues everywhere

Sharon_f:

You say you be big man, but you come nairaland come look for job??

Please direct your efforts here:

https://www.nairaland.com/nigeria/topic-576466.0.html

COOKS? hahahhaha

Plz if you find any employer willing to give his/her employees N3m/yr and UP, let us know.

And this is on a serious note.

@the one
i agree with you. . .henceforth everyone with dreams of coming back to naija to earn millions should state their profile before telling us their dreams, it's easy to claim competent. The way some people talk you'd think there were no qualified staff in naija the thing dey vex person.

Ileke-IdI:

Plz if you find any employer willing to give his/her employees N3m/yr and UP, let us know.

And this is on a serious note.

@ileke-idi
o wa lara e. . .see the way you're saying let us know as if you qualify. . .berra come and join people like me at the bottom of the food chain 3million ke?

Ileke-IdI:

Plz if you find any employer willing to give his/her employees N3m/yr and UP, let us know.

And this is on a serious note.

Please don't tell me this is for you . . .

PS. N 3 million is equivalent to $20,000

Ileke-IdI:

Plz if you find any employer willing to give his/her employees N3m/yr and UP, let us know.

And this is on a serious note.

I need a driver for my girlfriend, fast.

netotse:

@the one
i agree with you. . .henceforth everyone with dreams of coming back to naija to earn millions should state their profile before telling us their dreams, it's easy to claim competent. The way some people talk you'd think there were no qualified staff in naija the thing dey vex person.
@ileke-idi
o wa lara e. . .see the way you're saying let us know as if you qualify. . .berra come and join people like me at the bottom of the food chain 3million ke?

Just a hint.

No professional coming from the UK or USA and who is not adequately qualified will be looking for that sort of money.

Common there is money in Nigeria, stop hoarding it ,

notcorrupt:

Just a hint.

No professional coming from the UK or USA and who is not adequately qualified will be looking for that sort of money.

Common there is money in Nigeria, stop hoarding it ,

For that kinda money, you need to know how use a computer/email extractor?

On a general note, I see a lot of ignorance on nairaland especially from our kinsmen in diaspora. You can have a very good career in Nigeria with your integrity intact and not having to lick any bosses' backside, it just depends on the company you work for. There are a lot of companies with well laid-out structures designed to prevent nepotism and favoritism especially in appraisal and pay determination processes. Simply put, your direct boss does not determine your appraisal 100%. You have processes to fdeal with integrity issues that will keep the whistle-blower anonymous (for conflict of interest, corruption etc). Your pay is well laid-out and never comes in later than 24th of every month come rain or shine. Personally, over the last 5 years I've averaged about 20% pay increase per year. To summarise, investigate the particular company you are interested in and ask questions of insiders. That a good gauge, not what one anonymous person says on nairaland.

Thanks for your honest comments, especially with regard to '  licking the bosses backside '. I have done exceedingly well here in the UK without pandering to people. I hope this will be replicated in a Nigeria.

But by the way I am not hoping to work for a Nigerian or Arab country, my sights are on companies like Cisco, Juniper, Microsoft, google ( a wonderful Nairalander gave me a link for a google position ) etc.

I should have thought these companies pay at least a wage commensurate to what one is used to abroad.

lagbaja20:

For that kinda money, you need to know how use a computer/email extractor?

Thanks for revealing your identity, now I know you are a 419 Yahoo professional,

On a general note, I see a lot of ignorance on nairaland especially from our kinsmen in diaspora. You can have a very good career in Nigeria with your integrity intact and not having to lick any bosses' backside, it just depends on the company you work for. There are a lot of companies with well laid-out structures designed to prevent nepotism and favoritism especially in appraisal and pay determination processes. Simply put, your direct boss does not determine your appraisal 100%. You have processes to fdeal with integrity issues that will keep the whistle-blower anonymous (for conflict of interest, corruption etc). Your pay is well laid-out and never comes in later than 24th of every month come rain or shine. Personally, over the last 5 years I've averaged about 20% pay increase per year. To summarise, investigate the particular company you are interested in and ask questions of insiders. That a good gauge, not what one anonymous person says on nairaland.

[size=14pt]Oga which one be your own with diasporas people dem collect your girl-fiend abi wetin now, samething in the other thread about Lekki Toll you are blaming Diasporas again and you swore u would not pay that toll, yet you get over N2MILLION A YEAR, HABA  are we to belive your cock and bull shiiit or just ignore you.  [/size]

For that kinda money, you need to know how use a computer/email extractor?


Lagbaja, u don mad oo

notcorrupt:

Just a hint.

No professional coming from the UK or USA and who is not adequately qualified will be looking for that sort of money.

Common there is money in Nigeria, stop hoarding it ,

Na lie! Just like in every other thing, many 'abroad' based people believe they should be handed jobs just because they flew in on a plane.