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Entry Level Salaries Of Companies In Nigeria - Jobs/Vacancies - Nairaland

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Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 10:55am On Oct 08, 2014
I really don't know why I love to be informed. I think it just brings me fulfillment to know what's going on around me. Some people say I'm too inquisitive and I tell them that I was even worse as a child. I just want to know everything (provided it's a relevant information).

I've always wanted to know how much companies operating in Nigeria offer fresh graduates. I intended using my contacts to carry out the small research but I realized that alone might be insufficient. I've opted for a better option which is our lovely Nairaland. Yes! Lovely. By the time people start giving authentic and accurate information on this subject you will all understand that “lovely” is an understatement.

Kindly come in and list as many companies as you are sure of and state in front how much they offer entry level position after tax and pension i.e TAKE HOME

All values should be in Naira and should be monthly pay.

Diamond Bank : Around 230,000
GTB : Around 200,000
KPMG : Around 145,000
Union Bank. : Around 215,000
PZ Cussons. :Around 145,000(RDMi.e Sales)

For those that will give us Oil and Gas info, you can be kind enough to state how much is obtainable in the Upstream and Downstream.

Conspicuously, there will be arguments. I implore you all to correct others maturely.

Sit back, relax and Enjoy *lol*

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 11:02am On Oct 08, 2014
shocked

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Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 11:05am On Oct 08, 2014
BrownKnight:
shocked
lmao! Why is this Gentleman astonished? You didn't know some Commercial Banks pay that much?

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Re: Entry Level Salaries Of Companies In Nigeria by thankyouJesus(m): 11:05am On Oct 08, 2014
Learning things.
Re: Entry Level Salaries Of Companies In Nigeria by beau49: 11:25am On Oct 08, 2014
Seriously!!! Banks pay that much yet some of them don't even look it.....mmmm....I find that hard to believe though.

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Re: Entry Level Salaries Of Companies In Nigeria by LONGFELLOW02(m): 11:42am On Oct 08, 2014
This Olutola88 like salary work too much. You dn't even think of hw to establish yourself.

All u're after is company that pay big money. . .

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Re: Entry Level Salaries Of Companies In Nigeria by crudedude(m): 11:56am On Oct 08, 2014
What's the essence of this thread?

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 12:05pm On Oct 08, 2014
beau49:
Seriously!!! Banks pay that much yet some of them don't even look it.....mmmm....I find that hard to believe though.
some of them don't look it cos maybe they're contract staff..also, bank work is tedious. .. The salaries he gave above for banks are correct according to what I hv heard...

The amount he mentioned for kpmg is for Chattered ones I think

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Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 12:19pm On Oct 08, 2014
LONGFELLOW02:
This Olutola88 like salary work too much. You dn't even think of hw to establish yourself.

All u're after is company that pay big money. . .
Seriously Laughing in Swahili! You are VERY VERY VERY WRONG with that opinion. If you read and digest what I have on this my thread www.nairaland.com/1926631/yes-entrepreneurship-overrated-nigeria you will understand better. YES! I'm not ready to settle for less. So help me GOD.

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Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 12:20pm On Oct 08, 2014
crudedude:
What's the essence of this thread?
what does it look like?

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Re: Entry Level Salaries Of Companies In Nigeria by EldaTimba(m): 12:21pm On Oct 08, 2014
Olutola88 and lalasticala should be given the award off the most informative poster on nairaland.

Back to the topic, I thought u are paid based or you duties. E.g a cashier's salary should be different from an accountant's salary.

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Re: Entry Level Salaries Of Companies In Nigeria by crudedude(m): 12:30pm On Oct 08, 2014
Olutola88:
what does it look like?

Looks like a thread detailing supposed entry level Salaries of companies.

My initial question (now rephrased) is to what end is this information? I'm curious to know. Might be of help to someone.

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Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 12:37pm On Oct 08, 2014
EldaTimba:
Olutola88 and lalasticala should be given the award off the most informative poster on nairaland.

Back to the topic, I thought u are paid based or you duties. E.g a cashier's salary should be different from an accountant's salary.
Yes sir. I think there's always an average pay for Graduate trainees in most coys. Though the amount obtainable in the upstream is different from that of the downstream sector in the Oil & Gas industry.

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Re: Entry Level Salaries Of Companies In Nigeria by haykay2005: 12:37pm On Oct 08, 2014
Interesting
Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 12:37pm On Oct 08, 2014
Diamond bank actually pays N240,000 while KPMG pays around N120,000 for non-chartered entry trainees. Chartered ones definitely don't earn up to N145k.

PwC pays the highest in the Big 4s with a startup of N140K for nonchartered and you're promoted after 6months with a 20k increase.

EY and Deloitte should be paying same as KPMG. Not sure.

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Re: Entry Level Salaries Of Companies In Nigeria by EldaTimba(m): 12:47pm On Oct 08, 2014
Olutola88:
Yes sir. I think there's always an average pay for Graduate trainees in most coys. Though the amount obtainable in the upstream is different from that of the downstream sector in the Oil & Gas industry.
Thanks for ur information. I am still a student so I find ur tread educating.

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Re: Entry Level Salaries Of Companies In Nigeria by adegwurulez(m): 12:49pm On Oct 08, 2014
Is this anual or monthly? cos most of these bankers around look broke

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 12:49pm On Oct 08, 2014
adegwurulez:
Is this anual or monthly?

monthly

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Re: Entry Level Salaries Of Companies In Nigeria by McWhillion(m): 12:52pm On Oct 08, 2014
adegwurulez:
Is this anual or monthly?
Are you kidding me?

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Re: Entry Level Salaries Of Companies In Nigeria by s3nn2x(m): 12:55pm On Oct 08, 2014
I see.
See money!!! I wonder why people are still looking for civil service job when there is money in the private sector. I think I am going to resign this week. wink
Make I comot for here. This is way out of my league.

Anyway, how much does UBA pay their staff?
My sister is always complaining of not having money.

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Re: Entry Level Salaries Of Companies In Nigeria by adegwurulez(m): 12:55pm On Oct 08, 2014
McWhillion:
Are you kidding me?
lol... Its kinda hard to believe a bank would pay an entry level worker 250k per month.

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Re: Entry Level Salaries Of Companies In Nigeria by adegwurulez(m): 12:56pm On Oct 08, 2014
masonkz:


monthly
k thanks
Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 1:01pm On Oct 08, 2014
crudedude:


Looks like a thread detailing supposed entry level Salaries of companies.

My initial question (now rephrased) is to what end is this information? I'm curious to know. Might be of help to someone.
Thank you. Information like we all know is power. A lot of people always want to know this pay information in order to know what decisions to take at critical times.

When I told a friend how much some commercial banks in Nigeria offer fresh graduates, the first thing she said was. “Are you serious? Why then have I been saying I can't work in a bank”. I have also seen some people that got disappointed after seeing the pay in their offer letters.

It is also useful for someone like me because a lot friends and some younger ones rely on me for a whole lot of information. I love that feeling of always being that mobile encyclopaedia, that very resourceful individual. I simply love to be relevant.

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 1:01pm On Oct 08, 2014
s3nn2x:
I see.
See money!!! I wonder why people are still looking for civil service job when there is money in the private sector. I think I am going to resign this week. wink
Make I comot for here. This is way out of my league.

Anyway, how much does UBA pay their staff?
My sister is always complaining of not having money.


LOL. Last I heard UBA was paying N150k for entry level trainees and this was last year. Although I heard they just reviewed their salaries, along with some other banks, going into above N200k.

Note that this is for pofessional staff that passed through the various banks' training schools and are university graduates with the requirements.

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Re: Entry Level Salaries Of Companies In Nigeria by s3nn2x(m): 1:02pm On Oct 08, 2014
masonkz:



LOL. Last I heard UBA was paying N150k for entry level trainees. Although I heard they just reviewed their salaries, along with some other banks, going into above N200k.

Note that this is for pofessional staff that passed through the various banks' training schools and are university graduates with the requirements.
She is oooo!

She has worked there for a little over a year. She even served with them.
Re: Entry Level Salaries Of Companies In Nigeria by Smartsyn(m): 1:03pm On Oct 08, 2014
I'm seeing things

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Re: Entry Level Salaries Of Companies In Nigeria by Olutola88(m): 1:11pm On Oct 08, 2014
masonkz:
Diamond bank actually pays N240,000 while KPMG pays around N120,000 for non-chartered entry trainees. Chartered ones definitely don't earn up to N145k.

PwC pays the highest in the Big 4s with a startup of N140K for nonchartered and you're promoted after 6months with a 20k increase.

EY and Deloitte should be paying same as KPMG. Not sure.

I know three different graduates that got KPMG offer letters about 2 months ago ( non-chattered) and their offer letters read 171,000 before Pension(7.5%) and Tax. I don't think the take home will drop from 171K to 120K after tax and pension. Maybe the pay has been reviewed and you are not aware.

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Re: Entry Level Salaries Of Companies In Nigeria by ebube89(f): 1:14pm On Oct 08, 2014
s3nn2x:
I see.
See money!!! I wonder why people are still looking for civil service job when there is money in the private sector. I think I am going to resign this week. wink
Make I comot for here. This is way out of my league.

Anyway, how much does UBA pay their staff?
My sister is always complaining of not having money.

HEARD ENGINEERS MAKE MONEY IN D CIVIL SERVICE ESPECIALLY WEN DEY ARE ON SITE

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 1:18pm On Oct 08, 2014
Olutola88:
I know three different graduates that got KPGM offer letters about 2 months ago ( non-chattered) and their offer letters read 171,000 before Pension(7.5%) and Tax. I don't think the take home will drop from 171K to 120K after tax and pension. Maybe the pay has been reviewed and you are not aware.

LOL. Trust me, I'll be aware. Take home is far less than that. Ask them what they were paid for September. Deloitte should also be paying more. Don't know about EY

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Re: Entry Level Salaries Of Companies In Nigeria by blank(f): 1:25pm On Oct 08, 2014
Olutola88:
I know three different graduates that got KPGM offer letters about 2 months ago ( non-chattered) and their offer letters read 171,000 before Pension(7.5%) and Tax. I don't think the take home will drop from 171K to 120K after tax and pension. Maybe the pay has been reviewed and you are not aware.

It will. Try and calculate pension and tax on your own and you will see. FYI, they pay full tax according to Nig Law and Pension is now 8% employee, 10% employer. Therefore, pension is about 14k and PAYE is about 35k.

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Re: Entry Level Salaries Of Companies In Nigeria by blank(f): 1:28pm On Oct 08, 2014
masonkz:
Diamond bank actually pays N240,000 while KPMG pays around N120,000 for non-chartered entry trainees. Chartered ones definitely don't earn up to N145k.

PwC pays the highest in the Big 4s with a startup of N140K for nonchartered and you're promoted after 6months with a 20k increase.

EY and Deloitte should be paying same as KPMG. Not sure.


You forgot to mention that Diamond bank pay their ETs 80k until they are confirmed before they start earning as much.

Also, Deloitte is the highest paying of the big 4, very surprising right? Entry level was 150k after tax and they have 13th month as well.

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Re: Entry Level Salaries Of Companies In Nigeria by Nobody: 1:32pm On Oct 08, 2014
blank:


You forgot to mention that Diamond bank pay their ETs 80k until they are confirmed before they start earning as much.

Also, Deloitte is the highest paying of the big 4, very surprising right? Entry level was 150k after tax and they have 13th month as well.

Really surprising. I never took Deloitte that serious. Need to start asking how much they pay their experienced staff.

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