₦airaland Forum

olamilarks:
The fastest way to get a salary increase and faster career growth in Nigeria is by job hopping. Loyalty doesn't pay

43Ronin:
@ OP while I commend your write up, I must debunk some of what you said cos its very untrue. E.g When I was in the banking industry, I personally spent 3 years on a grade before getting promoted and I was considered to be a superstar as this was slightly faster than the industry average. Meanwhile, my friends at the Big4 got promoted three times during the same period. OP the embolden is a huge untruth. The Big4 are the least to promote talkless of 3 times promotion in 3 years(huge fantasy. Lol). My big bro started working in GTB(a big 4) at 2011. By 2013, he ported to another big 4(Access) where he got promoted to ABO. he spent 6 years there and got to SBO. Now after spending 1 year as SBO and managing to get a B appraisal that financial year, He ported to Stanbic where he got AM. He was about porting to sterling as DM/M before we advised him as his family to come join us where we were since he's papers were finally out. The whole process from ET to AM took him 11 years. His friends who remained loyal to that Big 4 just recently(in fact last month May) got promoted to BO. Some of them as still ABO after 11 years in a big 4. My advice to every young banker is to port with brain. If you are employed in the big 4 make sure your first and second porting are within that corridor. Do not stay more than 4 years at most in a bank on the same level. cos if you do, the industry regards you as redundant. Believe me you don't wana port from GTB to wema as an ET-ABO its career suicide. Most of those big 4 banks have their M's & SM earning up to 30M per annum(when u calculate salary, entitlement and PS) some of those big 4 even give their A/D/GMs personal jeeps with security, abroad trips for their family 2ice a year, official housing etc. And them they fraustrate the younger ones from climbing the ladder. Make the most of your time as a banker. Get promotion or get yourself in a juicy department like GRM/Admin. Don't ever slave for free.
Regards

Omoawoke:
Bush man, sound like a pure illiterate. Is that how easy it works to steal customers money?

43Ronin:
@ OP while I commend your write up, I must debunk some of what you said cos its very untrue. E.g When I was in the banking industry, I personally spent 3 years on a grade before getting promoted and I was considered to be a superstar as this was slightly faster than the industry average. Meanwhile, my friends at the Big4 got promoted three times during the same period. OP the embolden is a huge untruth. The Big4 are the least to promote talkless of 3 times promotion in 3 years(huge fantasy. Lol). My big bro started working in GTB(a big 4) at 2011. By 2013, he ported to another big 4(Access) where he got promoted to ABO. he spent 6 years there and got to SBO. Now after spending 1 year as SBO and managing to get a B appraisal that financial year, He ported to Stanbic where he got AM. He was about porting to sterling as DM/M before we advised him as his family to come join us where we were since he's papers were finally out. The whole process from ET to AM took him 11 years. His friends who remained loyal to that Big 4 just recently(in fact last month May) got promoted to BO. Some of them as still ABO after 11 years in a big 4. My advice to every young banker is to port with brain. If you are employed in the big 4 make sure your first and second porting are within that corridor. Do not stay more than 4 years at most in a bank on the same level. cos if you do, the industry regards you as redundant. Believe me you don't wana port from GTB to wema as an ET-ABO its career suicide. Most of those big 4 banks have their M's & SM earning up to 30M per annum(when u calculate salary, entitlement and PS) some of those big 4 even give their A/D/GMs personal jeeps with security, abroad trips for their family 2ice a year, official housing etc. And them they fraustrate the younger ones from climbing the ladder. Make the most of your time as a banker. Get promotion or get yourself in a juicy department like GRM/Admin. Don't ever slave for free.
Regards

Manny21:
The banks' top managers are reaping where they did not sow. Imagine a bank director earning about fifty million naira as salary while the rank and file of the banking industry earn take-home that will not take them home. Loyalty for what?

Cutehector:
Never ever be loyal to your employer.

The end.

ELKHALIFAISIS:
this ur 30k job don dey make ur head big... keep leaking customers information to yahoo boys one day 2x2 go land on ur head and used michelin tyre go be on ur neck like necklace

Meerahbel:

Montaque:
Not just in the Banking sector. I recently learn that the best way to double your salary is to change job. Because you won't take the same pay (or less) if you are changing to a new place. It is always likely to be more, sometimes double of your present salary. It is why staff loyalty sometimes inhibits improved earnings and promotion

Cutehector:
Never ever be loyal to your employer.

The end.

sacajawea:
dem don Sack you?

Rubyjade:
His with a multinational

anthropizzy:
Nowadays there are no loyalty among bank workers because all banks are not promoting loyalty in sense that the way they retrench their staff is outrageous and the labour union will do nothing about it. Infact labour unions will see it as an opportunity to cash out.

So therefore is all about the money.

iamrichiefola:
Big 4 are the top accounting firms, i.e. KPMG, PwC, Deloitte & EY

PS: Top Banks are called FUGAZ, i.e. First Bank, UBA, GTB, Access and Zenith

KangaIye:
Blessing

KangaIye:
Blessing

iamrichiefola:
I just saw that you quoted me here. Please drop the contact again 🙏🙏

KangaIye:
Replied your mail.