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CBN Salary + Allowances - Who Actually Knows? - Career - Nairaland

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CBN Salary + Allowances - Who Actually Knows? by laidback(m): 12:53pm On Jan 19, 2011
Guys i need facts on the topic please, no insults o. Just facts. I need to know if i should be thinking of leaving my present employment for CBN. Thanks a lot.
Entry level or higher.
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 1:12pm On Jan 19, 2011
Ehhmm. just to clarify. I'm supposed to write a test there soon, and so like you know, one needs to be informed on these things. I've heard thier salary is not sooo, well not so cool, but they have crazy allowances. How true? If true what are the figures actually? C'mon people help a bro out.
Re: CBN Salary + Allowances - Who Actually Knows? by cpatra(f): 1:23pm On Jan 19, 2011
Call Sanusi and ask him. Guess he'll tell you.
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 1:27pm On Jan 19, 2011
cpatra thanks a lot. we are getting somewhere.

1 Like

Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 1:43pm On Jan 19, 2011
So knowledgeable/mature people in the house pls reply. I know we have a lot of such in the house. Thanks
Re: CBN Salary + Allowances - Who Actually Knows? by JahMan1: 6:42pm On Jan 19, 2011
@poster it depends on what level u are entering and your present salary.
CBN grade levels are few and Sanusi stupendously hijacked d salary of equivalent names(not levels) in banks to pay them.

See below;
1.SS(Snr Supervisor), this is d entry level for graduates. I do not know the current salary.

2. AM(Asst.Mgr), the current salary is between N7m and N8m as Sanusi took industry average.I have a friend in tha grade.

3. Manager, current salary is N10.8m,the same industry average was used.

I know only the above.Mind you,nobody in CBN will tell u that except if you are an insider.The salary they show to RMFAC is quite below by miles,to avoid NASS hammer.
Aside the above,they still make some allowances travelling,depending however,on your unit.

Compare that with a typical long ladder in a typical comemrcial bank.

1. ET=2.8M
2. BE=4.0M
3. BO=5.6M
4. SBO=6.5M
5. AM=7.8M
6. DM=9.3M
7. MGR= 11M
etc,

multiply each step by a minimum of 2 yrs and u can guess how long it will take you to make manager and earn as much as your counetrpart in CBN.

CBN has gratuity and a handsome pension scheme,unlike other banks.
You are unlikely going to be sacked unless for gross indiscipline and fraud.
So why are u wasting time asking questions?
Better go prepare well and get the job.
I wish you goodluck.
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 10:36pm On Jan 19, 2011
@Jah Man Merci Merci merci

I actually worked in a bank for a while at entry level so i can relate. Thanks a lot; we make better decisions when we make informed decisions. No wonder most people dont know CBN pay, it seems to be a closely guarded secret.

Once again big guy, thanks.
Re: CBN Salary + Allowances - Who Actually Knows? by Amjustme: 11:00pm On Jan 19, 2011
@Laidback
You will be so disappointed with this information when you get there, its an oath of secrecy but d truth is some staff just brag about d whole thing but honestly, truthfully ITS A BIG LIE whoeva gave this is lying and i cant help you but just so you know. All d best,
Re: CBN Salary + Allowances - Who Actually Knows? by laidback(m): 11:34am On Jan 20, 2011
@Am just me. I get your point, though i hope you are wrong.

One thing I've come to realise about some of these jobs is this. Most times, unlike regular bank jobs where you know exactly what to expect - because its all stated in your offer letter - more than half of your renumeration comes in as unstated allowances. I'm just posting this for everyones benefit. Atleast let me psyche myself up grin

Please anyone who has more certain info enlighten us, you'll be suprised how many people need this info; and i'm not even talking about NASS members:-0)
Re: CBN Salary + Allowances - Who Actually Knows? by yinkaoke(f): 2:07pm On Jan 20, 2011
@ laidback
Please the CBN interview is it from the last test writing by many or it just for some limited peoples slot
Re: CBN Salary + Allowances - Who Actually Knows? by yinkaoke(f): 2:08pm On Jan 20, 2011
@ laidback
Please the CBN interview is it from the last test  by many or it just for some limited peoples slot
Re: CBN Salary + Allowances - Who Actually Knows? by Amjustme: 2:11pm On Jan 20, 2011
My husband shows me his paycheck(although na oath of secrecy but me and my husband are 1 na) and i bet you, na lie. It aint that bad but this is like, so exaggerated, i cant be wrong dear, just wish you all d best. All i can assure you is thatleaving ur bank for CBN would be worth it but d worth no reach d 'dreams' listed above.
Re: CBN Salary + Allowances - Who Actually Knows? by Mobinga: 2:16pm On Jan 20, 2011
Jah Man:

@poster it depends on what level u are entering and your present salary.
CBN grade levels are few and Sanusi stupendously hijacked d salary of equivalent names(not levels) in banks to pay them.

See below;
1.SS(Snr Supervisor), this is d entry level for graduates. I do not know the current salary.

2. AM(Asst.Mgr), the current salary is between N7m and N8m as Sanusi took industry average.I have a friend in tha grade.

3. Manager, current salary is N10.8m,the same industry average was used.

I know only the above.Mind you,nobody in CBN will tell u that except if you are an insider.The salary they show to RMFAC is quite below by miles,to avoid NASS hammer.
Aside the above,they still make some allowances travelling,depending however,on your unit.

Compare that with a typical long ladder in a typical comemrcial bank.

1. ET=2.8M
2. BE=4.0M
3. BO=5.6M
4. SBO=6.5M
5. AM=7.8M
6. DM=9.3M
7. MGR= 11M
etc,

multiply each step by a minimum of 2 yrs and u can guess how long it will take you to make manager and earn as much as your counetrpart in CBN.

CBN has gratuity and a handsome pension scheme,unlike other banks.
You are unlikely going to be sacked unless for gross indiscipline and fraud.
So why are u wasting time asking questions?
Better go prepare well shocked and get the job.
I wish you goodluck.

Shey you smoke shit?

1 Like

Re: CBN Salary + Allowances - Who Actually Knows? by segunjowo(m): 2:24pm On Jan 20, 2011
ok.
Re: CBN Salary + Allowances - Who Actually Knows? by dibigslim: 2:31pm On Jan 20, 2011
Call me, I go tell u zero, sebin, zero, two, nine, tu, tu,sisi, nin fipe
Re: CBN Salary + Allowances - Who Actually Knows? by Bawss1(m): 3:03pm On Jan 20, 2011
Somebody tell that Mob guy to grow up a little. Didn't he read the part where the OP said no insults? angry angry angry
Re: CBN Salary + Allowances - Who Actually Knows? by Pennywise(m): 3:12pm On Jan 20, 2011
Am just me:

My husband shows me his paycheck(although na oath of secrecy but me and my husband are 1 na) and i bet you, na lie. It aint that bad but this is like, so exaggerated, i cant be wrong dear, just wish you all d best. All i can assure you is thatleaving your bank for CBN would be worth it but d worth no reach d 'dreams' listed above.

Like a poster said, the koko is in the allowances. So Ur husband is probably doin selective information mgt (SIM) with you.
Re: CBN Salary + Allowances - Who Actually Knows? by JUO(m): 3:13pm On Jan 20, 2011
Call Sanusi and ask him. Guess he'll tell you.
IN CASE IF U DON'T HAVE HIS NUMBER TAKE IT (NOT EIGHT NOT HALF DOZEN TWELVE) 080612,
Re: CBN Salary + Allowances - Who Actually Knows? by SignorZax: 3:19pm On Jan 20, 2011
If You are leaving from a Deposit Money Bank,
If You like a 9-5 Life,
If You like a regimented income Life,
and If You actually want to live well, Comfortably without worries,
I think You should rush to CBN.

But,
If you are lyk me that wants a variable income life, fresh air and freedom to worry about lyf, I guess you just look for something else. I'm speaking from experience, because I just got out of the Bank after working for just about 4 months.
Re: CBN Salary + Allowances - Who Actually Knows? by adconline(m): 3:20pm On Jan 20, 2011
typical NLs, attacking some1 who provided  a seemingly credible info without any information. If you have any useful information, pls post it so as to enable someone make a  better decision. This forum is faceless and anonymous.
Re: CBN Salary + Allowances - Who Actually Knows? by blank(f): 4:12pm On Jan 20, 2011
How do we get into CBN? When are they recruiting?
Re: CBN Salary + Allowances - Who Actually Knows? by NaijaNile: 4:25pm On Jan 20, 2011
@ Laidback,

Be assured that JahMan's data on the CBN's salaries is to a very great extent correct.
Re: CBN Salary + Allowances - Who Actually Knows? by samir101ng(m): 5:28pm On Jan 20, 2011
.
Re: CBN Salary + Allowances - Who Actually Knows? by blank(f): 5:39pm On Jan 20, 2011
Make una talk how 2 submit CV there. Or is dis under-gee runs?
Re: CBN Salary + Allowances - Who Actually Knows? by Xfactoria: 5:46pm On Jan 20, 2011
@ OP:

Why are u stressing yourself? You said this is just a test. Just go and write the test, face the interview (except pay is premised on negotiations) and wait for the offer. Then decide if want to take the offer or not (at least their is an option to reject if its not satisfactory). Its not like you are first job seeker.

The anxiety is not necessary. Don't get yourself confused.
Re: CBN Salary + Allowances - Who Actually Knows? by JahMan1: 6:47pm On Jan 20, 2011
@OP,
Note that whatever info I gave here isn't a mere NL kind of responding to any issue.I am too sure of it cos I am also interested in CBN with alot of insiders but no 'godfather'.However,I am only interested in experienced level grade and my 'informants' may be unaware if any recruitment at that level is going on,so I must hv missed it.
Nobody in my bank will blink an eye in crossing over to CBN if given an offer.
(Mind you, my bank is among the few very healthy banks).

Visit CBN HQ in Abuja,cross over to the National Church opposite them(that's their car park) and check for yourself the kind of cars parked there.These cars (tear-nylon) became the in-thing in CBN after Sanusi's emergence.My guy even complained that cars belonging to NYSC members serving there should be moved to be parked along the road.

My prayer for you is to be successful in your test/interviews.
Re: CBN Salary + Allowances - Who Actually Knows? by Outstrip(f): 6:54pm On Jan 20, 2011
Pennywise:

Like a poster said, the koko is in the allowances. So your husband is probably doin selective information mgt (SIM) with you.

Why are you starting trouble grin
Re: CBN Salary + Allowances - Who Actually Knows? by samir101ng(m): 7:03pm On Jan 20, 2011
.
Re: CBN Salary + Allowances - Who Actually Knows? by browncocos(f): 8:30pm On Jan 20, 2011
The figure here are grossssly exagerrated shocked shocked shocked
In the long run with all the allowances I bet you ,youll be happy but just calm down those figures arent real
close to real but since you dont collect all in a lump sum,dont be too excited
but one thing i want you to know is that you ll love CBN
grateful to  sanusi for  really changing  their levels and am happy for that
@op if you want to live a flexible ,stress -less life unlike most banks
that gives you more time for yourself(depending onyour office) then CBN is for you
one thing i know when you become a manager and up youre made
trust me
Re: CBN Salary + Allowances - Who Actually Knows? by Pinkie9ja: 9:05pm On Jan 20, 2011
@ laidback pls what are the degrees and other requirments that qualify one for an interview, will really appreciate it pinkienaija@yahoo.com
thanks

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