Odunharry:
yet to complete Nysc fit apply na

Provided you complete your service by June 2016. Of October you can try your luck as well. No harm

mcshegs:

Woow. This mention is worth a trillion. Thanks dear.
Shoutout Funkystanl.
Abdulslutsky how far bro?

Sighted

ednut1:
as far as i am concerned this is the best place to work , oga funky i sight u

Pleased to close this thread....for 2016 recruitment visit https://www.nairaland.com/2873647/pwc-nigeria-2016-graduate-recruitment#42093089

The Company
PwC firms help organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, tax and advisory services. In Sub-Saharan Africa, we're the largest provider of professional services with offices in 34 countries and close to 9 000 people. This enables us to provide our clients with seamless and consistent service, wherever they’re located on the continent. Our in-depth knowledge and understanding of African operating environments enables us to put ourselves in our clients’ shoes and offer truly tailored Tax, Assurance and Advisory solutions to unique business challenges.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.

Roles & Responsibilities

Your learning with us begins with a structured 6 - 8 weeks induction course. This is the first element of a development framework that will help you build business awareness, technical, personal and management skills throughout your career.
Self-directed, career-long training is a key feature of life here at PwC. The entire working environment is designed to empower you to learn.
You will have access to a wealth of critical knowledge, such as best practices documentation and methodology tools. We will provide you with continuous on- the-job guidance, and you will acquire key knowledge about industries, business strategy and practical business issues faced by our clients through your daily experiences.
Professional qualifications will play a vital role in your career. We will provide you with all the support and resources you need to excel in your professional exams. . A coach who will play an important role in your career development will be made available to help you unlock your potentials, so that you can perform at your best..
International development is a valuable development opportunity which our global network can provide .This provides you with the opportunity to spend a year or two gaining experience and fresh perspectives with one of the PwC firms around the world, or explore new cultures during short-term client assignments or training courses abroad.

Requirements
* Fresh Graduate
* Completed NYSC
* Minimum of 2nd Upper Class Honours

Additional Information
These positions are for our Assurance and Tax Regulatory Services Lines of Services

NOTE: Deadline is before 5 February 2016.

http://www.pwc.com/ng/en/careers/vacancies.html

calculator123:
the above.courses am comfortable with,presently am in maths dept in one of the federal uni around,going to 200lvl next year,pls classify them under prospects,chances of being self employed e.t.c by the way i will be 18 next year

Funjosh:
Cc Esanemmanuel funkystanl

I really dont like making comments on controversial issues like this, cos all courses have their respective prospects and benefits in the society. However, since my chairman is involving me...I will start by repeating what I already said. Mathematics, Stat or Mech eng are all nice and fantastic courses. I think some guys have said some insightful stuffs already but to chip in....

I am a graduate of statistics! So I may not be able to say much about mech eng. However all these courses (like stat, comp sc, and engineering), although specialised have their foundation in Mathematics, and from your post you are in a maths dept already.

What is most important here is study sth you are cool with...and do not just study for the sake of passing. Study like you wanna be a master of it...study like you wanna pass the knowledge on...study any course and everything possibly related to the course, you should be versatile in your field as well as others in some way.

If you can do so, you wont be bothered about prospects. I understand the naija labour market factor is there...but if you know what you are doing with luck and God's grace you will have a scale thru.

Like I said initially, I studied statistics and from I can boldly say since my 3rd year in school until 9 months after youth service I made (independently) over 30 times my aggregate school fees just by practicing what i studied (statistics). At that point I was self reliant financially and stopped making demands from home. It was pretty easy for me cos I understood what i studied. Currently I do not do that anymore cos one need to forge ahead and take on better jobs where one can learn and grow...and off course make more money since the country isnt really helping situations... I am not saying statistics is better...but whatever you find yourself doing...do your best and do it well...it is the only way you can find the world waiting for you...and to find the world waiting for you is having good prospects....

SO bottom line is none is better than the other, study whatever you are cool in and be a master of it...the prospects are there...naija may be a limiting factor but people have success stories with these courses.

Evathyst:
You want my selfie? Huh?

Exactly....

Evathyst:
You get eye jare! You sabi better thing!

Yh...but still waiting for your selfie...noy pix...

fav selfie/pix so far in no particular order

Evathyst:
I hope I'm not late to the parry?

Here's mine as e dey cold...

florida46:
maybe

Skryptchex:
Ayaf master that innocent face

Apreel:
Happy new year

You guys should stop dropping mail just visit the links below and download the materials (although old but still useful)

https://www.dropbox.com/sh/42ljhn5vfedg7u2/AAAjRJRwjSt1YixewTx2Rkkda?dl=0

https://www.dropbox.com/s/3l4t19ejhyw4hkk/SHL%201.zip?dl=0

https://www.dropbox.com/s/k1o8h6gfd2k6ro8/SHL%202.zip?dl=0

https://www.dropbox.com/s/hw30lqj122e80b7/SHL%203.zip?dl=0

ednut1:
bet u dont know he is a tax guru in one of the biggest tax practice in Nigeria with an arsenal of tax templates

EdwinKK:
Hi funkystanl,

I discovered there’s a simple Nigeria income tax calculator http://africa.calculator.co.ke/nigeria-firs-payroll-income-tax-paye-calculator which can easy your burden of making the computations here

Interesting and thanks for sharing. However, take into account he new PRA states a Pension Contributions of 8% as against 7.5% used in the calculator.

Cheers!

MistarT:
Mr. Funky why don't you want us to come with food -flasks??

Pretty old post...some of these info do not hold grounds anymore. U can go with ur food flask or buy at the mammy market

A beautiful smile!!!
It’s one of your most attractive traits.
But what can destroy your teeth?
Poor dental hygiene habits.
And guess what? Most people are not caring for their teeth properly!

Keeping your teeth in top shape requires regular visits to the dentist. However – good dental hygiene starts at home. Brushing your teeth the right way is important to maintaining healthy gums and teeth.

Here are 11 common mistakes people need to avoid while brushing their teeth. Unless you’re a dentist – you probably haven’t heard most of these mistakes before. You may have decades of experience brushing teeth with no dental issues – but you are making at least one or more of these mistakes.

#1 Using Your Toothbrush For Too Long
With consistent use (twice a day for seven days a week) – the average life of a toothbrush is about three months.
After about 200 uses – you need to switch your brush because the bristles are bound to be worn out and frayed.
Frayed or broken bristles won’t clean your mouth properly. Change your toothbrush once the bristles lose their flexibility.
After a couple of months of daily use – bacteria and food particles begin to accumulate on the toothbrush. Make sure you are changing your toothbrush every three months.

#2. Not Brushing Your Teeth Long Enough
Two minutes is the recommended duration for a tooth brushing session.
The average person’s brushing time is ONLY 45 seconds.
Anything shorter than 2 minutes doesn’t give the fluoride in your toothpaste enough time to attach to the enamel in your tooth enamel.
We are routinely missing out on clean teeth by cutting short our brushing time. Often – parts of the mouth get neglected. You may have pearly whites in the front –  but what about the sides of the teeth or those in the back of your mouth?
Electronic toothbrushes with timers are recommended to help you go the distance. If you don’t have a timer, use a stopwatch or your phone. Or hum the tune of a song that lasts for two minutes.
Use what you can to ensure you brush your teeth for two minutes.


#3 Rinsing Your Mouth With Water After Brushing Teeth
Yes – don’t rise your mouth with water after brushing your teeth.
You can spit the toothpaste out, but the moment water enters the mix – it cuts down the efficiency of the fluoride from your toothpaste.
Some of you will want to rinse your mouth out of habit. Use a mouthwash (like listerine) or mouth rinse that contains flouride instead of water. Rinse, gargle, spit out the mouthwash and that should be enough. But don’t use water.
Wait at least half an hour after brushing your teeth to drink water or consume beverages.

#4 Storing Your Toothbrush In The Bathroom
We are all probably guilty of making this mistake.
A recent study talked about how more than half of the toothbrushes in households have bits of human feces on them.
How did it get there?
Because you store it in your bathroom. When you flush your toilet – the contents of your toilet bowl are sprayed in all directions.
This is all the more relevant if you share your bathroom with others – especially with kids around the house. Putting a lid on your toothbrush helps reduce this issue.
Consider storing your toothbrush someplace other than your bathroom – like on your nightstand or inside your medicine cabinet.
You could also use an electronic toothbrush with a cleaning system.

Oh, and don’t forget to close the lid on your toilet seat before flushing.

#5 Not Using Dental Floss
If you don’t already – make it a habit to start flossing daily. Flossing is required at least once a day to remove plaque between your teeth, where your toothbrush doesn’t reach. Plaque that is not removed through brushing and flossing turns into hard calcified deposits on your teeth.
Set up a system so that you’re getting into those difficult areas between your teeth – a haven for bacteria thriving on food bits.
The hardest part is getting started. Aim to floss at least one tooth. Once you get going with one – it’s easier to floss the rest.
Individual flossing wires work better for me than wrapping the long bits of flossing cord around my fingers.

#6 You’re Not Cleaning Your Tongue
After brushing your teeth – clean your tongue to prevent bad breath and remove bacteria.
A tongue cleaner scrapes the residual bacteria off your tongue. If you don’t want to do that – get a toothbrush that has a tongue scraper on the opposite side.
You can also just use the bristles of your brush to clean your tongue after brushing your teeth. It’s not as good as a tongue scraper, but will get the job done.
It’s important to clean your tongue every time you brush your teeth

#7 Using A Hard Bristle Toothbrush
I personally fall in this category. If the bristles are too stiff – they can hurt your gums.
Go for soft or extra soft bristles. All you need is a brush to dislodge food particles that are stuck in between your teeth. You’re not looking to shine them to a buff.
Brushes with medium or hard bristles used with some force can remove the protective enamel coating your teeth. This results in sensitive teeth and gums that hurt when you drink something cold.

#8 Using Incorrect Brushing Technique And Motion
The correct way to brush your teeth is in circles – don’t go back and forth. Circular motions are more gentle and effective at cleaning the gaps between the teeth.
The tooth brush should make contact with both the teeth and the gumline. Use a lighter touch, don’t press down too hard. Wide side-to-side strokes can scrape the soft tissue lining between your teeth and gums.
Tilt your brush vertically behind the front and bottom teeth and use gentle rolling strokes strokes using just the front half of the brush.
Avoid brushing so hard that the bristles bend on your teeth.

#9 Brushing Teeth At The Wrong Angle
You should always hold your brush at a 45 degree angle and make short circular strokes. That’s the angle for the most effective clean.
Pointing the bristles at this angle guarantees superior cleaning beneath and above the gum line. Use the center row of bristles to clean between be the teeth and gums. Cleaning the gumline correctly avoids discoloration and more importantly – cavities and gum diseases.
This is the reason why you’ll see some toothbrushes with angled bristles.

#10 Not Changing Your Teeth Brushing Routine
Brushing teeth is something we do on auto pilot. We end up brushing the same areas and by habit – forget some other.
Change things up by starting from a different area and following an irregular pattern. It will stop you from getting lazy by the time you get to the last bit of your brushing routine.
The advantage of using an electric toothbrush is that you just have to guide it and it does a better job of reaching those hard-to-reach places in your mouth with less effort.

#11 Brushing Teeth More Than Twice A Day
There is no need to brush your teeth more than two times a day. Some people think it’s okay to brush three or four times a day – usually after every meal.
Brushing more than two times a day can actually damage your gums and erodes the enamel on your teeth and that’s not something that you want.

How Long Should You Wait After A Meal To Brush Your Teeth?
Most people don’t wait after eating an acidic meal to brush their teeth. After eating – the pH levels in the mouth drop and your saliva has a higher acid content. Brushing your teeth can rub these acids deeper into enamel of your teeth. You need to wait at least 30 minutes after a meal to brush your teeth.

It takes about three weeks to learn a new habit. Include one change to your teeth-brushing routine every week. You’ll notice that your mouth feels fresher. Regular visits to the dentist and avoiding these teeth-brushing mistakes will ensure the long-term protection of your gums.

I'll direct her to where I kept some condoms in the house for her in case she's tempted. If she doesn't trust me that I don't trust her too.

ednut1:
he actually meant one sitting. u cant use combined result ie 2 sitting in kpmg.

Oh...I see...cool

ednut1:
do u want to add it . its not

agalamanyi:
Hi sorry to bother,i have a question i would like to ask you about PWC,please is having 5 credits including Mathematics and English in one sitting among its requirements?thanks

This looks like a question no one thinks about. Anyways...I think it's a requirement (unwritten). The WASSCE/SSCE result is one of the documents always requested for. I think why it is not pronounced is because almost everybody has it...(in my opinion)...are there any tertiary institution that still admit and produce graduates without credits in Maths and English

marqueetim:
suspecting company policy o.cos this is surprising.

Not really. its just like the norm and aint surprised.

debada:


Sorry. Forgot to put Assurance. They were all raking at the AGM. Laugh wan kill me that day.

LOL...anyways they got an increase too bhu.....

debada:


Though deloitte and Kpmg did reviews last year

.

My dear, they wouldn't. Not all levels got their pay increased. Those that came in last year can testify to this.

To the best of my knowledge all levels got their pay increased. However, the percentage increase is different across board.
For the incoming executive trainees....i wouldn't know if they will get a review!

proficienc:
Nice piece but the voluntary contribution idea doesn't sit well with me. There's penalties for withdrawing your money before retirement and you get hit by tax too.
I think I'm open to the idea of T-bills though. I know people that do it but the return isn't something to jump about. The comforting part is the fact that my money is safe.
Ednut, Abeg give 2 T-bills mak I manage am jare

I beg to correct there are no penalties for withdrawing the pension voluntary contribution before retirement. You only suffer tax (which you have avoided) if you withdraw your contribution within 5 years.

ednut1:


Voluntary Contributions are additional contributions you can add to your mandatory pension contributions. These funds would be deducted from your monthly emolument by your employer and remitted into your Retirement Savings Account (RSA), along with your regular pension contributions.The significant advantage of VC over other savings scheme is the contribution is deducted before tax thereby reducing your tax liabilities. Note that income (not the contribution) earned on Voluntary Contributions is subject to Personal Income Tax if withdrawn within 5 years. It is advisable to withdraw quarterly; bi- annually or yearly and Withdrawal takes 2-3 weeks to process. The contributions are managed like your pensions. The smart workers also pay their bonus into the VC to avoid tax.

Nice piece ednut. Please can you explain better the sentence in italics bold.

I see other Big Four doing a review soon as well...in anticipation of not losing their best brains!!!

...and the AGM was great!!!

Totally agree

dis ads tho



https://www.youtube.com/watch?v=SPXAqzCqFMY

Oyakaka

wachakuta:


“We do not have any insurance policy. We do not have any hazard allowance. It is very painful.

/

No insurance policy/hazard allowance and you guys accepted the job, risking your life on Lagos roads, are you guys learners? Amobode will come now and give the wife 2million naira and the children scholarship, then we'd say we have a good government that cares for people.

Anyways RIP to the dead one and may God grant the family fortitude to bear the loss.

I hope other LASTMA officials wont go same way!!!

deepysandra:
Congrats to Everyone..Hello funkystanl. Whats the criteria for posting into various LOS? Does HR considers qualifications (ICAN, ACCA, CFA etc) or previous work experience! Whats the likelihood of someone with about a year in Investment banking getting posted to Corporate Finance (Advisory). Your explanations will be highly appreciated!

Juicebox and deepysandra, no one can categorically state what determines the LoS or. Business unit you'll be posted to. It depends on so many factors... And it's not solely the HR that decides:
-Your interview (attitude, things you said, your unit preference)
-LoS/BU needs (if EUM wants just 5 applicants.... Even if there are 20 over-qualified engineers with ACCA it's only 5 of them that will be posted to Energy Utilities and Mining Unit under assurance)
-Academic qualification

All these and "other things" only the HR or top management know determine your posting. Its something that is hardly influenced by anyone (well I wouldn't know if your parents are partners in PwC) .

Like I also stated earlier, you guys would be allowed to swap if you don't like your posting... Note the word "swap" not change.

I wonder why peeps are discussing renting accommodation before resumption. IMO this should be after 6weeks in PwC. Reason? You dunno the unit you'll be. Dont be surprised some of you must have rented a place on the island and by end August you are posted to CIPS in assurance.... These guys are mostly on client site mostly located on the mainland around ikeja/ilupeju. How about those that will be posted to Energy and your first engagement/job takes you to Rivers for 2months....thats 2 months rent wasted.

I know of a guy who came from Abuja and 2 weeks after his posting he got his first engagement to Abuja. Came back after 5 months spent to weeks and back to abuja. I've not set my eyes on him since then. Imagine if he had rented a place on the island (in which he was desperate about it then).

I'll advice you guys just chill, stay with family or friends you got in Lagos for a while. It won't kill you... Most people had at some time come from long distances to PwC and some still do it...

marqueetim:
funkystanl Please is it true that that after the probationary period, the pay will be increased?

After your confirmation (6months I think) you are expected to be moved 1 level up. And of course that leads to increase in pay...

ednut1:
some pple here be lik wetin be all dis grammar o lmao. best they wait till dey gt alert. before person head blow

Ok...i'm using ednut1 as my hypothetical case. Mr Ednut works for TheRealAdonye n Co. In his offer letter he's to earn:
Basic Salary (B): 700,000
Housing Allowance (H): 200,000
Transport Allowance (T): 100,000

Calculate his monthly take home pay!

Annual Gross = B + H + T
Annual Gross = (700 + 200 + 100)k = 1million

NHF contribution = 2.5% * Basic = 17,500
Pension contribution = 8% (B+H+T) = 80,000
Personal allowance = 20% * Gross = 200,000
CRA = Higher of 200k or 1% of gross = 200,000

Taxable Income = Gross - (NHF+Pension+PA+CRA)
Taxable Income = 1,000,000 -(17,500+80000+200,000+200,000) = 502,500. This is the amount to be taxed not your gross.
19.2% of this amount is 96,480. But this ain't the true tax. Let's see how close it is to the true tax.

Since we use PAYE
First 300k (out of the taxable income of 502500) will be taxed at 7% i.e 7%*300,000 = 21,000
Next 300k will be taxed at 11% (please not that what is left fromm the taxable income is just 202,500. So we are taxing what is left and not 300k) i.e 11%*202500 = 22,275

What is left? Nothing so there is no 500k to be taxed at 15% hence Mr Edut tax bad stops at 11%

The PAYE tax is 21000+22275 =43,275

Can you compare with the 96,480 when we just applied (19.2% on the taxable income? This showed that Mr Ednut Effective Tax rate (ETR) is about 8.6%.


Back on track. Mr Ednut total deductions is:

NHF + Pension + Tax = 140,775.

Net income = Gross - Total deductions = 859,225

Monthly take home = Net income divide by 12 = 71,602.08.

ednut1:
some pple here be lik wetin be all dis grammar o lmao. best they wait till dey gt alert. before person head blow

Ok...i'm using ednut1 as my hypothetical case.