please does anyone has idea on the entry level pay at first bank? anyone with useful information should please contribute

My friend is a first bank staff and he says that they have reviewed upwards their salary but they are yet to get a letter on the levels.
Unconfirmed BA's get 1.7 million per annum. which is very very cool,

Don't forget that FirstBank is the Big Elephant and the Big Elephant is on the move following their very very successfull IPO were they raised over N500BILLION NAIRA.

Forget Zenith and Oceanic and Intercontinental and all the rest. They are pretenders to the throne. First Bank is number one. Lets us see the pennies a.k.a 50 cents that Zenith is going to raise with their schemingly timed 130 billion Hybrid Offer

angela255:

My friend is a first bank staff and he says that they have reviewed upwards their salary but they are yet to get a letter on the levels.
Unconfirmed BA's get 1.7 million per annum. which is very very cool,

Don't forget that FirstBank is the Big Elephant and the Big Elephant is on the move following their very very successfull IPO were they raised over N500BILLION NAIRA.

Forget Zenith and Oceanic and Intercontinental and all the rest. They are pretenders to the throne. First Bank is number one. Lets us see the pennies a.k.a 50 cents that Zenith is going to raise with their schemingly timed 130 billion Hybrid Offer

Ehmmmmmm

awa:

Ehmmmmmm

funny

Yes Nah !! First Bank is now BIG, HOT and very SEXY ! And nothing can stop them now ! I am wishing all those goin for January induction d very best and a hot new salary.
Where are the zenith and oceanic and co lovers in d house. can u guys match 500billion naira, , sorry

500BILLION NAIRA !!

angela255:

Yes Nah !! First Bank is now BIG, HOT and very SEXY ! And nothing can stop them now ! I am wishing all those goin for January induction d very best and a hot new salary.
Where are the zenith and oceanic and co lovers in d house. can u guys match 500billion naira, , sorry

500BILLION NAIRA !!

angela255:

My friend is a first bank staff and he says that they have reviewed upwards their salary but they are yet to get a letter on the levels.
Unconfirmed BA's get 1.7 million per annum. which is very very cool,

Don't forget that FirstBank is the Big Elephant and the Big Elephant is on the move following their very very successfull IPO were they raised over N500BILLION NAIRA.

Forget Zenith and Oceanic and Intercontinental and all the rest. They are pretenders to the throne. First Bank is number one. Lets us see the pennies a.k.a 50 cents that Zenith is going to raise with their schemingly timed 130 billion Hybrid Offer

HAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAA! So funny I couldn't laugh. Thought your first post was a mistake until i saw the second one. I don't have any stake whatsoever in either zenith, first bank nor Oceanic. You are obviously of the uninitiated mind. Please what as public offer offer got to do with staff salary?!?!?? First bank is a big bank no doubt when it comes to shareholder's satisfaction. What! You think the money they made from the public Offer is to pay Salaries for Staff. [/b]My dear before you talk to much, Oceanic and Zenith pay one of the highest salaries in the banking sector. In fact, they've been competing for highest paying. [b]Oceanic is the highest paying at 3.1m(starter). This is a confirmed figure, ask anyone there. Zenith I think is in the range of 2.7m, I doubt if First after their review can ever match this.. Besides,Oceanic just Won Best Bank in Nigeria and Zenith also won Best Bank in Africa. . Please and Please and Please, DO NOT BE IGNORANT. Oh and First bank wasn't an IPO, IPO stands for Initial Public Offer. It was just a public offer

hey, no need to get insultive in this forum.i believe we are all here to share information, so for the person who asked this is it.firstbank gives unconfirmed staff a salary of about 60 k monthly and when u are confirmed it steps up to about 76 k all other things come as upfront at the beginning of the financial year.forget all the gboju gboju amount of 1.7 million, the most important thing is how much you actually take home at month end.there is a lot of virtual pay, i call it virtual pay cos so much of it is dependent on some factors.for instance,you have a medical allowance which can only be accessed if you fall ill, since Christ took away my infirmities, i dnt collect, or variable pay which depends on your branch performance as well as your appraisal for the financial year.all in all the have some sweet allowances that actually add up also to something substancial.and with the new review coming up and the figures we are hearing,its going to really be a step to the next level, infact it is already scaring staff cos we cant believe the figures until we see it.when the memo went out on the increase, the Md said we were going to raise the standard on staff welfare to compete with industry best practices as well as our contemporaries in the industry, so if you are looking for where to work, JOIN THE ELEPHANT NOW, stay blessed

Emmyray still did not state how much FBN pays.

Let's add the figures up relying on emmyray's numbers:
A confirmed staff who gets NGN76, 000 a month gets NGN988,000 net in 12 months (this includes 13th month).
If your effective rate of tax is assumed to be 12.5%, then your gross pay - excuding all other allowances that are not paid monthly -  comes to NGN1,129,142.86 p.a.

Having set the tone, I think others can add to this figure. Gradually, we'll get to a figure close to actual FBN pay. This will make the initial poster happy.

igbanbajo

NA WAH O!!! where some people are collecting 160k 200k. GOD DAY O

Hay angela255 or wathever u call urself. l'm really disappointed in u.Were u asked about Zenith?why d beef?Zenith has'nt closed her door for unemployed guys like u.U can if u can, write their test for employment.Note this, ZENITH will continue to ride higher above others, so u can go to hell and roast urself to death.

@rommychyco Take am easy, na fight.The important thing is for everybody to get the much sought after jobs.

friends , this is a breaking news coming from FBN,

entry level pay has been increase to 2.7m p/a

with effect from january 2008

a friend with FBN revealed this to me.

so if you are part of the next inductees,
believe levels don change

good luck.

@ rommychyco: Nawa ooo. Be like say na ur family get zenith, easy man, easy

@jaziri
are u sure?is dis confirmed?let us know

a friend (FBN family) said that entry level pay was 1.7m per annum. after this year's review, the pay was increased to 2.7m effect from january 2008.

confirmed info.

Jaziri and Biliamin, if this info is really true, I no feet shout cos I will be going for their training school come January, 2008.

Please someone should tell me its not lie.

I just hope this news about the review is true o?With this kind of package including other benefits, the BIG ELEPHANT IS THE BEST!
Well, lets wait till we get there in January.

well guys ,i am a First banker (just 2months old),we received a memo 2weeks ago that "FBN SALARY " has been REVIEWED and will kick off from January 2008.Meanwhile,i dont think what we(nairalanders) need is exchanging words.lets look for how to help others secure employment if we are already employed.THANKS

how long does it take to be a confirmed staff at Firstbank?