Olutola88:
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.

Still don't get the edge or power that this information gives apart from one day dreaming of a salary he's yet to even scale its job test. The info doesn't stop any serious job seeker from applying to every company he feels he meets their qualification.

Where its most handy (I think) is when one is being asked the how-much-can-we-pay-you-question in job interviews. If its in the case of having to choose between two gotten offers one should already be aware of the pay packages.

IMHO, More focus should be on excellence/self improvement 'cause no matter how many salary structure I know of it is zero if I can't scale job tests or deliver when expected to. That being said I must commend you on your write ups on NL. I enjoy them too.

God bless our hustle.

blank:


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.

35K as tax? Out of 171K? That's around 20%. Ma, don't you think that's outrageous? I stand to be corrected

Olutola88:
35K as tax? Out of 171K? That's around 20%. Ma, don't you think that's outrageous? I stand to be corrected

What do you think is the effective tax rate in Nigeria? 19 or 20% effective tax rate. Do the calculation yourself as there is now consolidated relief.

crudedude:


Still don't get the edge or power that this information gives apart from one day dreaming of a salary he's yet to even scale its job test. The info doesn't stop any serious job seeker from applying to every company he feels he meets their qualification.

Where its most handy (I think) is when one is being asked the how-much-can-we-pay-you-question in job interviews. If its in the case of having to choose between two gotten offers one should already be aware of the pay packages.

IMHO, More focus should be on excellence/self improvement 'cause no matter how many salary structure I know of it is zero if I can't scale job tests or deliver when expected to. That being said I must commend you on your write ups on NL. I enjoy them too.

God bless our hustle.

Thanks bro. Like I said earlier the benefits of information is endless. You have also mentioned one as this info could help an interviewee know the range to mention when asked how much he or she could be offered. Once again, thanks a lot. I'm elated we are all learning

@olutola88 pls how much does GE pay their graduates?

So my babe working with diamond bank has been lying to me she's a graduate trainee and she told me she earns 75k. She has to return all my money asap.

MarvellousGod:
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

Well,your explanation made sense. I am just surprised they pay some people that much, all I have heard is from 70k and the likes.....lol....

That means the money they ought to use in employing one staff,they split into smaller amount to employ contract staff, so they end up paying less for more work(ers)and pocketing the rest.

Them do well.

Access bank - 237k

colly227:
So my babe working with diamond bank has been lying to me she's a graduate trainee and she told me she earns 75k. She has to return all my money asap.

lmao

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.
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.

60k while in banking sch
For ETOP its 145k

For ET 171k

How come this auditing firms(PWC,KPMG) pay so small. Omo no be by brand o, organization brand name no dey pay the bills.

Though i hear abt 8k is being been deducted for tax again, but that the last I have.


Who know how much IBM pays its entry level?

seagullbabz:
Access bank - 237k

Is it now up to that? After tax and pension? Though, I learnt it was reviewed some months ago

This is the most delusional thread I have seen. I knoW diamond bank pay 25k to their marketers. May that's what the head oF operations earn in a branch.

beau49:
Seriously!!! Banks pay that much yet some of them don't even look it.....mmmm....I find that hard to believe though.

you will be surprised when you check the percentage of staff that get such alert on 25th compared to those that collect 25-80k.

bossmini84:
This is the most delusional thread I have seen. I knoW diamond bank pay 25k to their marketers. May that's what the head oF operations earn in a branch.

Bro they don't call them marketers, they called Direct Sales Agents .
Markers don't hawk Account opening form on the street

bossmini84:
This is the most delusional thread I have seen. I knoW diamond bank pay 25k to their marketers. May that's what the head oF operations earn in a branch.

sir, don't get it twisted. Anyone that earns 25K is definitely not a Diamond Staff. Anyone on contract appointment isn't a staff. We are talking about core members of staff that get in through the graduate trainee programme.

Tmany:
Bro they don't call them marketers, they called Direct Sales Agents .
Markers don't hawk Account opening form on the street

I didn't want to say that before but this my bro no fit hold am for body. They are DSAs.

Tmany:
you will be surprised when you check the percentage of staff that get such alert on 25th compared to those that collect 25-80k.

Lol....so true

What can one do? Heaven help us

See as this thread dey gather traffic...una too like money
The awkward moment when u see here a salary scale of a coy wey knack you regret mail..u start sobbing

Olutola88:
Is it now up to that? After tax and pension? Though, I learnt it was reviewed some months ago

It is, according to my inlaw who is resuming there after his training school, said his net is 237k and they are giving them a car worth 2.5m at 0% interest.

debbie:
@olutola88 pls how much does GE pay their graduates?

Madam, I'm not sure of the exact figure but it is over 200,000

colly227:
So my babe working with diamond bank has been lying to me she's a graduate trainee and she told me she earns 75k. She has to return all my money asap.

Dammmit I'm laughing so hard here. Thank you for making my day.

seagullbabz:


It is, according to my inlaw who is resuming there after his training school, said his net is 237k and they are giving them a car worth 2.5m at 0% interest.

. Thanks for you contribution. I will confirm from a friend

Lero15:
See as this thread dey gather traffic...una too like money
The awkward moment when u see here a salary scale of a coy wey knack you regret mail..u start sobbing

From you post, an intelligent individual can deduce that you are an experienced job seeker. Lero15 my nigga, how the hustle?

Na luk i dey............

This thread will stir mixed reactions among nairalander. Although i feel it's best to get informed. To students going through this thread, if you want that 200K paying job so bad please read your books. To hustler like myself, let's go back to the drawing board MONEY MUST BE MADE!
Cheers

Olutola88:
From you post, an intelligent individual can deduce that you are an experienced job seeker. Lero15 my nigga, how the hustle?

Life's Good with God.

Yea, I hear ge pays over 300 sef,Btw what of them stock brokers na nobody know their own?

colly227:
So my babe working with diamond bank has been lying to me she's a graduate trainee and she told me she earns 75k. She has to return all my money asap.

naso e dey happen o, my friend babe dey enterprise, 2.99m gross, she say na 960 gross hahahhahahah, dont blame dem, dey dont want u to maga dem

First Bank of Nigeria pays around 150,000 but the employee will enjoy some benefits like profit sharing and leave allowance which some people claim is up to 300,000. I stand to be corrected

colly227:
So my babe working with diamond bank has been lying to me she's a graduate trainee and she told me she earns 75k. She has to return all my money asap.

Maybe she's not been confirmed yet

ok ,thanks......and their recruitment is that tight.

Olutola88:
Madam, I'm not sure of the exact figure but it is over 200,000

beau49:


Well,your explanation made sense. I am just surprised they pay some people that much, all I have heard is from 70k and the likes.....lol....

That means the money they ought to use in employing one staff,they split into smaller amount to employ contract staff, so they end up paying less for more work(ers)and pocketing the rest.

Them do well.

I'm telling you, many companies do that, even top companies... I really wish this contract staff thing will be stopped or their benefits be reviewed In Nigeria. . Unfortunately, it's even the contract staff that do most of the works most times, after they will be denied of many benefits, some are not even entitled to laeve...