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How Much Do Bank Workers Earn? - Career (4) - Nairaland

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Re: How Much Do Bank Workers Earn? by engrrichie92(m): 4:10pm On Jun 11, 2016
VictorAB:
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)
this your info's kinda stale bro
banks now pay higher than this...except if this payrol's for banks like sterling and fcmb

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Re: How Much Do Bank Workers Earn? by Jalinco: 4:11pm On Jun 11, 2016
A graduate male banks staff earn between
150 - 250 kilonaira
10-20 kilonaira from customers
2 - 5 clean babes especially undergraduates/ IT/Job seekers/cleaners

A graduate female staff earn between
150 - 250 kilonaira
10-50 kilonaira from customers
0 - 1 big man /heavy depositor /politician/superior etc

A non-graduate male
50-80K
1 - 5K from bank customers
2-3 paraga babes, iya alate and oniworobo

5 Likes

Re: How Much Do Bank Workers Earn? by Ugwulawrence(m): 4:14pm On Jun 11, 2016
Oluseguntee:
Bank workers are often regarded as the big men, whatever section you are working in. I have been wondering how much they earn considering how high the society rates them. I currently work somewhere and my monthly pay plus other extras is good at least compared to others(close to 60k). I wanna know how much do they pay their graduates new entry with respect to the different banks in the country. A guy is so full of himself because he works in the bank. ( I no beef against him). po


FCMB is paying 40k here in kano to their marketers
Re: How Much Do Bank Workers Earn? by stnkembu(m): 4:14pm On Jun 11, 2016
This summarises the income of a banker compared to that of a real entrepreneur.

1 Like

Re: How Much Do Bank Workers Earn? by company500: 4:16pm On Jun 11, 2016
VictorAB:
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)

how true is your information? some banks especially the top 5 banks pay higher than this. when I mean top 5 I mean Access bank, zenith bank, first bank, UBA and GTB
Re: How Much Do Bank Workers Earn? by rychard(m): 4:16pm On Jun 11, 2016
Across the industry , no entry level banker that went through the graduate recruitment programme of the bank earns anything less than 120k per month... the industry average is 145k. Cheers
Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 4:19pm On Jun 11, 2016
Engrpj:
GT Bank, Diamond, Zenith and Stanbic IBTC Pays between 180k-210k for permanent staff. Entry Level

Access and First Bank pays around 130-150 for permanent staff. Entry level

UBA pays around 80k-100k for permanent staff... Entry level


All contract staffs get 50k-70k.


Don't ask for source .


So not true...

A bank i know wella pays 44k to their contract staffs.

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Re: How Much Do Bank Workers Earn? by engrrichie92(m): 4:20pm On Jun 11, 2016
Engrpj:
GT Bank, Diamond, Zenith and Stanbic IBTC Pays between 180k-210k for permanent staff. Entry Level

Access and First Bank pays around 130-150 for permanent staff. Entry level

UBA pays around 80k-100k for permanent staff... Entry level


All contract staffs get 50k-70k.

Don't ask for source .

you are very highly wrong with this figures you quoted up there
get your facts right bro...please

2 Likes 2 Shares

Re: How Much Do Bank Workers Earn? by Mekyno(m): 4:28pm On Jun 11, 2016
Ifyjuli25:
My hubby doesn't want me to work in bank ooo...
maka na imaka naah, he doesn't want story dat touches d hrt....as ur bosses advances stuff. And maybe he does nt want u to suffer much as he has more dan enuf 4 d family....lol.
Be hapi n take care of d kids n house, madam. Cheers!
Re: How Much Do Bank Workers Earn? by eipreel(f): 4:29pm On Jun 11, 2016
elnino2015:


you must be kidding
No I'm not...entry level...

2 Likes 1 Share

Re: How Much Do Bank Workers Earn? by Adesiji77: 4:37pm On Jun 11, 2016
mccoy47:
Wetin concern you! angry

grin grin

The endless fascination with what bankers' earn....
Re: How Much Do Bank Workers Earn? by Mannylex(m): 4:37pm 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


Lolz... So Head Offices don't have contract staff?

Though in cases, the branches have as little as 6 full staff and others are outsourced.

Now to the OP, salary is not fixed but dependent on grade. Typically the grading in banks begin from GT, ET....GM. The salary of any full staff in a bank from entry level is from 100k and above.
Re: How Much Do Bank Workers Earn? by Nobody: 4:41pm On Jun 11, 2016
Ifyjuli25:
My hubby doesn't want me to work in bank ooo...
who ask you ?

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Re: How Much Do Bank Workers Earn? by Mekyno(m): 4:47pm On Jun 11, 2016
niggi4life:

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
if d person is sharp n intelligent, d solution is to work 1 or 2 yrs and applied in other banks as full staff. Simple
Re: How Much Do Bank Workers Earn? by Nobody: 4:58pm On Jun 11, 2016
Abduletudaye:


Ok, there are DSAs(Direct Sales Agents), Banking Officers, Senior Banking Officers, Assistant Banking Officers...these groups are still marketer..but the least paid are the DSAs because they are contract and authoritatively, its below 50k..(not all banks).

Managers either in marketing / retail operations all earn
Above 100k(not all banks).
Most staff that occupies the positions listed earn commission besides their salaries.

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by sam4eva777(m): 5:00pm On Jun 11, 2016
Full staffs earn at least 120 thousand to 200 thousand for entry level.
Bank full staffs earn well . A typical banking banking executive would earn at least 400 thousand naira a month.
The managers and operation heads earn do much in branches. A typical bank manager earns at least one million naira. During profit sharing, he would also earns some millions of naira.
But God help your soul, if you decide to be a DSA in a bank. I don't wish your enemy to do such a job. Remain where you are, bank job has no security. Any man proud of a bank job is plain stupid. You either end up sacked, resigned, locked up in jail or shot by desperate conniving criminals.
Re: How Much Do Bank Workers Earn? by Nobody: 5:03pm On Jun 11, 2016
Ugwulawrence:



FCMB is paying 40k here in kano to their marketers
You dey mind them.

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by Nobody: 5:05pm On Jun 11, 2016
sam4eva777:
Full staffs earn at least 120 thousand to 200 thousand for entry level.
Bank full staffs earn well . A typical banking banking executive would earn at least 400 thousand naira a month.
The managers and operation heads earn do much in branches. A typical bank manager earns at least one million naira. During profit sharing, he would also earns some millions of naira.
But God help your soul, if you decide to be a DSA in a bank. I don't wish your enemy to do such a job. Remain where you are, bank job has no security. Any man proud of a bank job is plain stupid. You either end up sacked, resigned, locked up in jail or shot by desperate conniving criminals.
If bank staff earn this high,why do they steal from customers?

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by Nobody: 5:10pm On Jun 11, 2016
histemple:
Comparing yourself with a banker can be very frustrating. Professional (real bankers) bankers are well paid and can hardly compete with them as a paid employee.

However, even most contract staff who are paid below 100k as is always the case, do have some ways they make more than four (4) times their salary monthly. And I mean legally.
How?

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:10pm On Jun 11, 2016
Love Machine:
Most staff that occupies the positions listed earn commission besides their salaries.

And i know of some who are paid just the basic. No commission...even after they were promised.. angry
Re: How Much Do Bank Workers Earn? by Artistree(f): 5:15pm On Jun 11, 2016
AmenJoan:
Up to 600k. Depending on how long you've worked there and your position. My sis earns about 350, she has put in 5 years
Your pay is not a function of length of stay but of grade. If she earns 350, then she is a BO. Banking Officer is the 4th grade in most banks and I wonder if she is being doubly promoted that she would have attained that grade in 5years. Most entry level staff remain on that grade for as long as that 5 years sef except they move to other banks and get higher grade.

4 Likes 2 Shares

Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:16pm On Jun 11, 2016
sam4eva777:
Full staffs earn at least 120 thousand to 200 thousand for entry level.
Bank full staffs earn well . A typical banking banking executive would earn at least 400 thousand naira a month.
The managers and operation heads earn do much in branches. A typical bank manager earns at least one million naira. During profit sharing, he would also earns some millions of naira.
But God help your soul, if you decide to be a DSA in a bank. I don't wish your enemy to do such a job. Remain where you are, bank job has no security. Any man proud of a bank job is plain stupid. You either end up sacked, resigned, locked up in jail or shot by desperate conniving criminals.

DSA work no be here...hian! Am surprised that some banks promise incentive when these DSAs bring in deposits, yet nothing...

Its sad..
Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:17pm On Jun 11, 2016
Artistree:

Your pay is not a function of length of stay but of grade. If she earns 350, then she is a BO. Banking Officer is the 4th grade in most banks and I wonder if she is being doubly promoted that she would have attained that grade in 5years. Most entry level staff remain on that grade for as long as that 5 years sef except they move to other banks and get higher grade.

Exactly!
Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:19pm On Jun 11, 2016
Love Machine:
If bank staff earn this high,why do they steal from customers?

Not all steal. We have some who come in from other banks just to commit fraud..

To be a banker, you musnt have integrity issues.
Re: How Much Do Bank Workers Earn? by Oilandgas1(m): 5:24pm On Jun 11, 2016
johnson4nosa:
what's your biznes in another man income ...... how much do u earn


65k

1 Like 1 Share

Re: How Much Do Bank Workers Earn? by kevoh(m): 5:26pm On Jun 11, 2016
Oluseguntee:
Bank workers are often regarded as the big men, whatever section you are working in. I have been wondering how much they earn considering how high the society rates them. I currently work somewhere and my monthly pay plus other extras is good at least compared to others(close to 60k). I wanna know how much do they pay their graduates new entry with respect to the different banks in the country. A guy is so full of himself because he works in the bank. ( I have no beef against him). po

OP abeg 60k is not good salary oo! Don't limit yourself! The economy is terrible. Except of course you are the last born of the family and don't have the responsibility of sending money, working in a state where accomodation, transport and food is cheap and planning to remain sinlge for another 5 years then you can call 60k good. When you come in contact with your peers earning 350k to 400k,you will just feel weak immediately. tongue Don't relax bro, shun that your proud guy. Everyone runs his own race. Keep searching for that higher pay, do not get too comfortable with 60k. Good luck

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Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:30pm On Jun 11, 2016
kevoh:
OP abeg 60k is not good salary oo! Don't limit yourself! The economy is terrible. Except of course you are the last born of the family and don't have the responsibility of sending money, working in a state where accomodation, transport and food is cheap and planning to remain sinlge for another 5 years then you can call 60k good. When you come in contact with your peers earning 350k to 400k,you will just feel weak immediately. tongue

True talk...

My padi wey me and am serve for the same katsina state, he now earns 350k straight.. Me? U musnt hear it.. lipsrsealed

You wee just cry.. cry

2 Likes 1 Share

Re: How Much Do Bank Workers Earn? by 0955eb027(m): 5:31pm On Jun 11, 2016
kinibigdeal:
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)
where did u get ur figures? Zenith pays 75k, UBA pays 80k, Access pays 90k and u can earn as much as 120k (cos dia contract staffs gat level). PS: I work for one of those 3, as a contract staff.

1 Like 2 Shares

Re: How Much Do Bank Workers Earn? by hardbody: 5:33pm On Jun 11, 2016
VictorAB:
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)

Well articulated and reported. I played in the league at an Assistant Manager level before i veered off into Telecoms

4 Likes 1 Share

Re: How Much Do Bank Workers Earn? by Abduletudaye(m): 5:39pm On Jun 11, 2016
0955eb027:
where did u get ur figures? Zenith pays 75k, UBA pays 80k, Access pays 90k and u can earn as much as 120k (cos dia contract staffs gat level). PS: I work for one of those 3, as a contract staff.

Which you be...oya confess... grin
Re: How Much Do Bank Workers Earn? by kevoh(m): 5:40pm On Jun 11, 2016
Abduletudaye:


True talk...

My padi wey me and am serve for the same katsina state, he now earns 350k straight.. Me? U musnt hear it.. lipsrsealed

You wee just cry.. cry

I went to visit a relative of mine and was thinking my paltry 1--K (no bonus, no allowance) salary was even manageable in this present economy. When the guy told me his salary I just weak,dude earns almost 400k with almost a million yearly allowance. The good side he doesn't get to spend on transport.O boy as I return I begin search for jobs online ooo. I don go dust the cobwebs for my LinkedIn profile, maybe me too will hit one of those american or british foreign company jobs in Nigeria like General Electric and start earning 500k upwards tongue

5 Likes 1 Share

Re: How Much Do Bank Workers Earn? by 0955eb027(m): 5:43pm On Jun 11, 2016
Abduletudaye:

Which you be...oya confess... grin
the biggest amongst them 3.

1 Like 1 Share

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