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How Much Do Bank Workers Earn? - Career (2) - Nairaland

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Re: How Much Do Bank Workers Earn? by emityga(m): 1:43pm On Jun 11, 2016
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Re: How Much Do Bank Workers Earn? by JustKeen(m): 1:44pm On Jun 11, 2016
Why beefing na? Low self esteem?

It depends sha. If he's a contract staff, he'd be earning within 40-75K.

An entry level core staff earns above 160k in my bank. My boss who's an SBO with 15 yrs experience earns 545k.

Entry level staffs in Diamond, First bank n GTB earn over 200k tho

5 Likes 1 Share

Re: How Much Do Bank Workers Earn? by andre99(m): 1:45pm On Jun 11, 2016
Having once worked in one of the new generation banks before, the disparity btw a full staff and a contract staff is much, a full staff in a bank is well paid monthly, they get different allowances like quarterly allowances, they also get paid 13th month salary, while a contract staff doesn't get such only their little monthly salary which is not encouraging because they do almost the same as a full staff. I had to resign as a full staff just because of the mental stress of begging for deposit all over the place.

3 Likes 1 Share

Re: How Much Do Bank Workers Earn? by Nobody: 1:45pm On Jun 11, 2016
Before they terminated my dad's appointment in 2012, he was earning 10m per annum,about 800k per month,that was his 20th year he has been working there,@afribank,now called mainstreet bank. An uncle of mine that got work there with masters started his pay with 280k per month,i cant say for other banks sha I wish they didnt terminate people appointment that time,probably he could be earning 1m per month,and i could be collecting 50k per month in 200level

8 Likes 1 Share

Re: How Much Do Bank Workers Earn? by NigerDeltan(m): 1:46pm On Jun 11, 2016
Ifyjuli25:
My hubby doesn't want me to work in bank ooo...

Do you av a hubby? grin
Tell me Is he short or tall?
Re: How Much Do Bank Workers Earn? by eipreel(f): 1:48pm On Jun 11, 2016
sage50:
fbn 106k

Wema...73k lipsrsealed

3 Likes

Re: How Much Do Bank Workers Earn? by VictorAB: 1:48pm On Jun 11, 2016
Nigerian Banks Have 2 sets of staff.

1. Contract

2. Core Staff


1. Contact staff in Most banks earn b/w N65,000 to N105,000 depending on length of stay, position of Job function.

2. Core Staff earn different salaries ranges depend on grade and bank, below are general nomenclatures of grade applicable to most Banks in Nigeria and NET MONTHLY TAKE HOME PAY .

- Entry Level - N106,000 to N145,000

- Assistant Banking Officer: - N150,000 to N205,000

- Banking Officer: - N250,000 to N340,000

- Senior banking Officer: - N350,000 to N495,000

- Assistant Manager: - N500,000 to N650,000

- Deputy Manager: - N680,000 to N850,000

- Manager: - N900,000 to N1,200,000 ( You Get a Status Car on this Level) - eg Toyota Camry Honda Accord

- Senior Manager: - N1,300,000 to N1,750,000

- Principal Manager: - N1,850,000 to N2,000,000 ( Some Banks dont have this Grade)

- Assistant General Manager- N2,000,000 to N2,500,00 ( You Get a Bigger Status Car on this Level) - Eg Toyota Prado and other Big SUVs

- Deputy General Manager: N2,500,000 to N2,850,000

- General Manager: N3,000,000 to N3,500,000

- MD/CEO: N3,500,000 to Any Amount approve by the Board.



NB: A lot of banks have multiple grades between Entry Level and Senior Banking officer, pay within those grades differ by N35,000 to N85,000

*** From Senior Manager and above you are also entitled to N1,000,000 to N1,500,000 Reimbursement( eg: Golf Club membership, Gym Membership, Children School fees, International Travels,Car towing Services, Generator Allowance, Servant Allowance, Driver Allowance)

36 Likes 4 Shares

Re: How Much Do Bank Workers Earn? by HarkymTheOracle(m): 1:49pm On Jun 11, 2016
R2bees:
£150,000 per week
na footballer dem be? grin

3 Likes 1 Share

Re: How Much Do Bank Workers Earn? by niggi4life(m): 1:50pm On Jun 11, 2016
Larryfest:
Mehn i hate bank jobs....you just get to see or probably touch the millions sef but you get 70k or less at the end...
bros na lie o... If u enter as full staff, u go earn money like thief wey go rob bank

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by Larryfest(m): 1:50pm On Jun 11, 2016
AntiWailer:


They av lied to u.

No bank full staff with BSc qualification earn less than 120k.

Remember I sad FULL staff not contract.
Brother 80% of workers in most companies this modern age are contract staffs ....

1 Like

Re: How Much Do Bank Workers Earn? by mightycrown1(m): 1:51pm On Jun 11, 2016
Ifyjuli25:
My hubby doesn't want me to work in bank ooo...
is that what u were asked? that is y u failed your jamb xyears ago

2 Likes

Re: How Much Do Bank Workers Earn? by AntiWailer: 1:51pm On Jun 11, 2016
Larryfest:

Brother 80% of workers in most companies this modern age are contract staffs ....

That statistics is not correct .

1 Like

Re: How Much Do Bank Workers Earn? by LuckyLadolce(m): 1:52pm On Jun 11, 2016
sage50:
There are diff grades and diff pay i diff banks. General manager, assistant general manager, senior manager, manager, senior banking officer, banking officer, assistant banking offficer, entry level (might be slightly diff in banks). Then u have contract staffs. A general manager earns over 2m per month nd get profit of like 30-50m a year. An entry level earns btw 110-240,(diff banks diff pay). A banking officer gets like 250-400k. Co ntract staff get like 50-70k. Alot of Nigerians dont know bankers are paid well because dey mostly deal with d contract staffs in branches. Real bankers are in d head office
You have tried in your explanation, but who told you real bankers are only in the head office? You failed woefully on that. Woefully.

10 Likes

Re: How Much Do Bank Workers Earn? by victorazy(m): 1:54pm On Jun 11, 2016
Xtaceeey:
It depends on how he's staffed. If he's a full staff he should earn over 150k, if he's a contracted staff then he should earn below 100k.

It also depends on the bank too and his level.


So those people at the counter collecting my money and calling me sir! Sir! Are also earning more than N150k competing with doctors?
You can't be serious.
Re: How Much Do Bank Workers Earn? by Larryfest(m): 1:55pm On Jun 11, 2016
AntiWailer:


That statistics is not correct .

Lol...you are probably correct but you still get my drift right? Contract staffs are far more than the full staffs!
Re: How Much Do Bank Workers Earn? by LuckyLadolce(m): 1:56pm On Jun 11, 2016
Ifyjuli25:
My hubby doesn't want me to work in bank ooo...
as a lady, i advise not to once you're married. But while still single, you may quickly work there to earn some cash and start your own business. Lady bankes don't always have time for their homes. Takia.
Re: How Much Do Bank Workers Earn? by Xtaceeey: 1:56pm On Jun 11, 2016
davide470:
Lol. You do know your figures for a full staff is highly variated from the norm, especially to the Top Tier 1 banks.

Well, over 150k can also mean 200 to 250k too right? wink

How far na??

Lols. I can't give the real figure na. I made it vague noni.

Meanwhile am doing great. You na chairman na, I dey fill form to hail u na

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by niggi4life(m): 1:56pm On Jun 11, 2016
For those saying twa twa about banking jobs...
I would be specific to a point about the banks I know that I have worked with and those my friends have worked with.
At Keystone bank for an Entry, the pay is about 2.5Million per annum that's over 200k. For union bank, its about same amount.
Skye bank pays about 2M per annum and Wema about 2.7M annually... Mind you, these are permanent staffs who go through the regular banking school and all that.
As for contract staffs, the pay is between 50-80K depending on the outsourcing company.
Another thing is, its easier for a camel to pass through the eye of a needle than a contract staff to be converted to a permanent staff

14 Likes 3 Shares

Re: How Much Do Bank Workers Earn? by rusher14: 1:57pm On Jun 11, 2016
victorazy:


So those people at the counter collecting my money and calling me sir! Sir! Are also earning more than N150k competing with doctors?
You can't be serious.

Maybe they are humble.

3 Likes 1 Share

Re: How Much Do Bank Workers Earn? by LuckyLadolce(m): 1:58pm On Jun 11, 2016
victorazy:


So those people at the counter collecting my money and calling me sir! Sir! Are also earning more than N150k competing with doctors?
You can't be serious.
lolz, the sir sir is one of the many tricks to fool you that a customer is a king. Even the MD will do sir for you if you come across him/her in the banking hall. That's just the way..

6 Likes 1 Share

Re: How Much Do Bank Workers Earn? by AntiWailer: 1:59pm On Jun 11, 2016
Larryfest:

Lol...you are probably correct but you still get my drift right? Contract staffs are far more than the full staffs!

I understand ur angle.
Re: How Much Do Bank Workers Earn? by Xtaceeey: 1:59pm On Jun 11, 2016
victorazy:


So those people at the counter collecting my money and calling me sir! Sir! Are also earning more than N150k competing with doctors?
You can't be serious.

Most banks use contract staff and ITs as tellers. That's not banking, anybody can even do that.... beside calling u sir is a norm in the corporate world. It's no big deal.

So I am serious sir

14 Likes 3 Shares

Re: How Much Do Bank Workers Earn? by dearie(m): 1:59pm On Jun 11, 2016
sage50:
There are diff grades and diff pay i diff banks. General manager, assistant general manager, senior manager, manager, senior banking officer, banking officer, assistant banking offficer, entry level (might be slightly diff in banks). Then u have contract staffs. A general manager earns over 2m per month nd get profit of like 30-50m a year. An entry level earns btw 110-240,(diff banks diff pay). A banking officer gets like 250-400k. Co ntract staff get like 50-70k. Alot of Nigerians dont know bankers are paid well because dey mostly deal with d contract staffs in branches. Real bankers are in d head office

I must say this is closest response so far.

Banks' pay different salaries across different grades and what he means by profit of 30M to 50M a year for GMs is actually Profit Sharing Bonus which is not part of guaranteed pay. It is also a function of your grade, department, appraisal score and the bank's profit for the year.

The link below is a result of survey conducted in 2014. Please note that the position has changed tremendously from these;

http://www.naijabankers.com/viewtopic.php?f=3&t=242
Re: How Much Do Bank Workers Earn? by agarawu23(m): 2:00pm On Jun 11, 2016
Xtaceeey:
It depends on how he's staffed. If he's a full staff he should earn over 150k, if he's a contracted staff then he should earn below 100k.

It also depends on the bank too and his level.

lies

Have u worked In the bank before? undecided
Re: How Much Do Bank Workers Earn? by Xtaceeey: 2:03pm On Jun 11, 2016
agarawu23:
lies

Have u worked In the bank before? undecided

Lols. No sir. Am just well informed

1 Like

Re: How Much Do Bank Workers Earn? by Ezionye(f): 2:03pm On Jun 11, 2016
[quote author=JustKeen post=46477331

Entry level staffs in Diamond, First bank n GTB earn over 200k tho[/quote]

Not true pleaaase! First bank entry is BTW 112 to 120k. Dats for different periods before and on confirmation.
Re: How Much Do Bank Workers Earn? by Kandaha: 2:10pm On Jun 11, 2016
sage50:
There are diff grades and diff pay i diff banks. General manager, assistant general manager, senior manager, manager, senior banking officer, banking officer, assistant banking offficer, entry level (might be slightly diff in banks). Then u have contract staffs. A general manager earns over 2m per month nd get profit of like 30-50m a year. An entry level earns btw 110-240,(diff banks diff pay). A banking officer gets like 250-400k. Co ntract staff get like 50-70k. Alot of Nigerians dont know bankers are paid well because dey mostly deal with d contract staffs in branches. Real bankers are in d head office

I agree with you to the extent that General Managers etc earn well and Contract Staff earn not so well. However different Banks with Different Policies. I know some Banks that have both full staff and Contract staffs in all Branches and trust me you won't know.

Take for instance, at the moment Zenith Bank is an example. Some Tellers are Contract and some are full staffs and same applies to Customer Service. Anybody you see in FT(Funds Transfer) is a full staff. Same applies for Marketing. Bulk Tellers are mainly Contract.

You don't have to go to Zenith Heights to see the Real Bankers. They are in every branch along side Contract staffs.

5 Likes

Re: How Much Do Bank Workers Earn? by kinibigdeal(m): 2:11pm On Jun 11, 2016
Banks employ only casual nowadays whether you've got 14PhD and 25 master's degree.

For casual


FCMB 35k usually 25k before
FIRST BANK 60k
GTB. 45k
UNION BANK. 35k for marketer with a target of 35m in 6 months
DIAMOND BANK 40k
SKYE BANK 40k
ZENITH BANK 55k
UBA. 50-60k etc


Staffs are paid 100-150k (All payment are verified)

1 Like

Re: How Much Do Bank Workers Earn? by agarawu23(m): 2:12pm On Jun 11, 2016
Xtaceeey:


Lols. No sir. Am just well informed
hmmmmm
Re: How Much Do Bank Workers Earn? by travy: 2:16pm On Jun 11, 2016
dearie:


I must say this is closest response so far.

Banks' pay different salaries across different grades and what he means by profit of 30M to 50M a year for GMs is actually Profit Sharing Bonus which is not part of guaranteed pay. It is also a function of your grade, department, appraisal score and the bank's profit for the year.

The link below is a result of survey conducted in 2014. Please note that the position has changed tremendously from these;

http://www.naijabankers.com/viewtopic.php?f=3&t=242

Is it true that when you deposit for example let's say 100,000 dollars, the staff/marketer that referred you gets a bonus and even more bonus every time you receive deposit into your account since he/she referred you?
Re: How Much Do Bank Workers Earn? by Gerrard59(m): 2:20pm On Jun 11, 2016
Re: How Much Do Bank Workers Earn? by goodvision12(m): 2:20pm On Jun 11, 2016
Walkopet:
Na all those starched Packard shirt and d AC wey dem dey dey inside dey freak u abi, bro is better u stay glued to your current job. Banking job in Nigeria is a CASUAL JOB, abi u no hear as banks dey sack people up and down these days ni, when u won't listen to important news nko, na tiwa savage and snake thread u go dey enter on NL.
Some people get wide mouth for nairaland oooo!

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