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What Would You Consider A Good Salary. - Career (5) - Nairaland

Nairaland ForumNairaland GeneralCareerWhat Would You Consider A Good Salary. (22486 Views)

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Re: What Would You Consider A Good Salary. by MaZee1: 12:53pm On Feb 03, 2025
300k cant solve all your life problems. Once you start earning it, more problems will emerge

udumosam23:
Lols, and I'm praying earnestly for a job of 300k that will solve all my life's problem.
Re: What Would You Consider A Good Salary. by Leonyluiz(m): 2:03pm On Feb 03, 2025
Apologies for the "shut Up" remark. It wasn't intended as an insult. As for the guy that carried it on his head say na upbringing, you lack home training.

Everybody Opinion valid. My issue is entry level and take note of where you are employed from. If you are employed for example by Total Group. Thats is directly from France and you are being paid in Euro. That is possible but they do NOT do that with entry level. Now the man that claim foreigners. How many entry level foreigners come to Nigeria to work without contract directly from HQ?

Na this same poverty mentality dey make people dey say cleaning toilet dey better pass md job for naija becuase of exchange rate... You judge wage/salary with respect to your current environment. Not with exchange rate.
Re: What Would You Consider A Good Salary. by Drella: 4:03pm On Feb 03, 2025
dawnomike:
Come over to the oil and gas sector ir maritime sector then, you'll see those earning way more than that...
Entry level jobs in Shell, Chevron or Total make abt 5m monthly in salary and allowances as a field engineer. In Local oild companies, you can be sure of about 2m as entry level of you have to be on the rig...

In the drilling sector, we have those we call Directional Drillers... For everyday they spend on the rig, the least of them is paid 300k to 500k daily. While the top ones can earn up to a thousand dollars daily.

Guess what, it takes at least 1 month to finish drilling a oil well... Some get to drill like 7 to 10 months in a year. Do the maths!!!

For field Engineers who we call LWD and MWD engineers, they make between 80k to 350k daily depending on their level and they spend a month on the rig before been crew changed.

Schlumberger is recruiting... Try to apply there and trust me, your salary can't be less than 1.7m for entry level. So, imagine those that have 10years experience in such field.
Can a finance person work in these places?

I’m not talking about accounting roles but core finance roles where you do business valuations, financial modelling, financial analysis, etc?
Re: What Would You Consider A Good Salary. by oluplus(m): 6:26pm On Feb 03, 2025
cucumbar:
You don’t know anything. Maybe outside banking.

If you are talking about the banking sector,

They don’t.
The AGM I mentioned is actually my LM.

Stop capping oga
Re: What Would You Consider A Good Salary. by Mammangaddafi(op): 8:52pm On Feb 03, 2025
Divoc19:
A good salary is determined by life style.
Imagine living in a house of 1m when your salary is 150k
JHow much should someone be earning before he/she can stay in a 1m apartment?
Re: What Would You Consider A Good Salary. by Mammangaddafi(op): 8:53pm On Feb 03, 2025
miketayo:
Entry level in chevron is 800k plus, not up to 900k. Your lunch and transport to you bus stop is secured.
I don't know where your 5m is coming from
Leave those guys make them dey lie to themselves…one was even saying a salary of 2m is managing for him..
Re: What Would You Consider A Good Salary. by miketayo(m): 9:00pm On Feb 03, 2025
Mammangaddafi:
Leave those guys make them dey lie to themselves…one was even saying a salary of 2m is managing for him..
I doubt he has made 500k in a month before cheesy
Re: What Would You Consider A Good Salary. by Gerrard59(m): 5:30am On Feb 04, 2025
Entry level salaries of consulting firms in Nigeria:


https://www.youtube.com/watch?v=jaQZZaE9-lc?si=5jqP6KkvQmnYil8W
Re: What Would You Consider A Good Salary. by Gerrard59(m): 5:32am On Feb 04, 2025
Drella:
Can a finance person work in these places?

I’m not talking about accounting roles but core finance roles where you do business valuations, financial modelling, financial analysis, etc?
Yes, but a superior work experience from a notable consulting firm and stellar education qualifications (MSc/MBA from good schools o)/relevant industry certifications such as ICAN, CFA etc.
Re: What Would You Consider A Good Salary. by Drella: 11:26am On Feb 04, 2025
Gerrard59:
Yes, but a superior work experience from a notable consulting firm and stellar education qualifications (MSc/MBA from good schools o)/relevant industry certifications such as ICAN, CFA etc.
So they don’t want entry level peeps😁

Also, I’m not sure consulting guys(MBB) do finance work like that.

Thank you 🙏
Re: What Would You Consider A Good Salary. by Drella:
miketayo:
Entry level in chevron is 800k plus, not up to 900k. Your lunch and transport to you bus stop is secured.
I don't know where your 5m is coming from
That 800k might be the salary of entry level staffs of indigenous oil companies in the midstream/downstream.
No multinational oil worker in the upstream sector like Chevron or Total earns lower than 2m monthly. Shell might be an exception because they pay the least.

Check Total oil workers thread here on NL. As at 2011 when the thread started, entry level Total staffs were earning 916k(net salary). Shell entry level staffs were earning 500k(net salary). Now imagine how much it would have increased to 14 years after.
https://www.nairaland.com/768160/total-oil-gas-workers#9632128

If you hear how much oil rig workers offshore earn, you might scream.
The money be like blood money.

Check their annual reports and see their bogus profits(they declare profit in millions of Dollars).

cc: Mammangaddafi
Re: What Would You Consider A Good Salary. by Gerrard59(m): 2:23pm On Feb 04, 2025
Drella:
So they don’t want entry level peeps😁

Also, I’m not sure consulting guys(MBB) do finance work like that.

Thank you 🙏
Management consulting is different from corporate finance and modelling. The modelling you mentioned is the bread and butter of core financial services/investment banking firms, which is not the bread and butter of oil and gas companies. That is why they don't recruit such people for entry-level roles, which aren't that plentiful to start with in such companies.
Re: What Would You Consider A Good Salary. by Gerrard59(m): 2:27pm On Feb 04, 2025
Drella:
That 800k might be the salary of entry level staffs of indigenous oil companies in the midstream/downstream.
No multinational oil worker in the upstream sector like Chevron or Total earns lower than 2m monthly. Shell might be an exception because they pay the least.


Check Total oil workers thread here on NL. As at 2011 when the thread started, entry level Total staffs were earning 916k(net salary). Shell entry level staffs were earning 500k(net salary). Now imagine how much it would have increased to 14 years after.
https://www.nairaland.com/768160/total-oil-gas-workers#9632128

If you hear how much oil rig workers offshore earn, you might scream.
The money be like blood money.

Check their annual reports and see their bogus profits(they declare profit in millions of Dollars).

cc: Mammangaddafi
I was shocked when I saw that comment because Shell paid almost that amount way before Corona outbreak. So how come the same is still paid in 2025? Before Corona, Total paid the highest at 2M per month. So how come others haven't attained the same salary level? Someone mentioned Schlumberger paying 1.7M for entry level. Assuming that is true, there is no way an exploration firm will pay lower than a servicing company since both are MNCs.

Even the 800K should be for others, not Seplat, as it paid 500K in 2017/8, and Seplat was/is Nigeria's biggest indigenous oil company.
Re: What Would You Consider A Good Salary. by miketayo(m): 2:50pm On Feb 04, 2025
Drella:
That 800k might be the salary of entry level staffs of indigenous oil companies in the midstream/downstream.
No multinational oil worker in the upstream sector like Chevron or Total earns lower than 2m monthly. Shell might be an exception because they pay the least.

Check Total oil workers thread here on NL. As at 2011 when the thread started, entry level Total staffs were earning 916k(net salary). Shell entry level staffs were earning 500k(net salary). Now imagine how much it would have increased to 14 years after.
https://www.nairaland.com/768160/total-oil-gas-workers#9632128

If you hear how much oil rig workers offshore earn, you might scream.
The money be like blood money.

Check their annual reports and see their bogus profits(they declare profit in millions of Dollars).

cc: Mammangaddafi
I am talking about chevron because i have seen their pay stub and i know people working there and that have worked there. I don't know about others both international or local.
Your claim is based on assumption and a forum/blog is not a credible source of information.
Profit sharing and annual salary are different, if you have worked anywhere you should know this.
Entry doesn't earn up to 900k.
Re: What Would You Consider A Good Salary. by Drella: 3:22pm On Feb 04, 2025
Gerrard59:
Management consulting is different from corporate finance and modelling. The modelling you mentioned is the bread and butter of core financial services/investment banking firms, which is not the bread and butter of oil and gas companies. That is why they don't recruit such people for entry-level roles, which aren't that plentiful to start with in such companies.
Alright.

But you mentioned having experience at a consulting firm before pivoting to IOCs. Do you mean management consulting firms or firms offering financial services?
Re: What Would You Consider A Good Salary. by Drella: 3:23pm On Feb 04, 2025
Gerrard59:
I was shocked when I saw that comment because Shell paid almost that amount way before Corona outbreak. So how come the same is still paid in 2025? Before Corona, Total paid the highest at 2M per month. So how come others haven't attained the same salary level? Someone mentioned Schlumberger paying 1.7M for entry level. Assuming that is true, there is no way an exploration firm will pay lower than a servicing company since both are MNCs.

Even the 800K should be for others, not Seplat, as it paid 500K in 2017/8, and Seplat was/is Nigeria's biggest indigenous oil company.
People underestimate the amount oil companies pay. The money is too much for their understanding 😁
Re: What Would You Consider A Good Salary. by Drella: 3:30pm On Feb 04, 2025
miketayo:
I am talking about chevron because i have seen their pay stub and i know people working there and that have worked there. I don't know about others both international or local.
Your claim is based on assumption and a forum/blog is not a credible source of information.
Profit sharing and annual salary are different, if you have worked anywhere you should know this.
Entry doesn't earn up to 900k.
Chevron and Total are sister companies. While one may have a higher salary than the other, the difference can be staggering.

Even Oando, Seplat, etc that are indigenous and not multinational, they pay more than 1m to entry level staffs. How much more IOCs like Chevron, Total, Shell, etc?

If you say this thing among people that are exposed, they will laugh at you o.
Re: What Would You Consider A Good Salary. by miketayo(m): 3:41pm On Feb 04, 2025
Drella:
Chevron and Total are sister companies. While one may have a higher salary than the other, the difference can be staggering.

Even Oando, Seplat, etc that are indigenous and not multinational, they pay more than 1m to entry level staffs. How much more IOCs like Chevron, Total, Shell, etc?

If you say this thing among people that are exposed, they will laugh at you o.
When it comes to salary, unless you ask someone who works there, don't believe anything you see online.
I am talking about Chevron, I don't care what the others pay.
Then those people must be ignorant like you, they aren't as exposed as they think.
Re: What Would You Consider A Good Salary. by emperor4love(m): 4:01pm On Feb 05, 2025
Drella:
That 800k might be the salary of entry level staffs of indigenous oil companies in the midstream/downstream.
No multinational oil worker in the upstream sector like Chevron or Total earns lower than 2m monthly. Shell might be an exception because they pay the least.

Check Total oil workers thread here on NL. As at 2011 when the thread started, entry level Total staffs were earning 916k(net salary). Shell entry level staffs were earning 500k(net salary). Now imagine how much it would have increased to 14 years after.
https://www.nairaland.com/768160/total-oil-gas-workers#9632128

If you hear how much oil rig workers offshore earn, you might scream.
The money be like blood money.

Check their annual reports and see their bogus profits(they declare profit in millions of Dollars).

cc: Mammangaddafi
u forget there were so many layoff,baba na ppl way de fr upstream fit the see money fr oil coy, 5million for entry,no way bro
Re: What Would You Consider A Good Salary. by emperor4love(m): 4:02pm On Feb 05, 2025
Drella:
Chevron and Total are sister companies. While one may have a higher salary than the other, the difference can be staggering.

Even Oando, Seplat, etc that are indigenous and not multinational, they pay more than 1m to entry level staffs. How much more IOCs like Chevron, Total, Shell, etc?

If you say this thing among people that are exposed, they will laugh at you o.
u should say chevron and texaco are sister ,plus exxon, this are American coy why Total and F are of France but on that even at upstream no one fit pay u 5metre fr entry bro
Re: What Would You Consider A Good Salary. by Gerrard59(m): 4:39pm On Feb 05, 2025
Drella:
Alright.

But you mentioned having experience at a consulting firm before pivoting to IOCs. Do you mean management consulting firms or firms offering financial services?
Management consulting firms like the MBBs and Strategy& then you become a hotcake for the IOCs. McKinsey > Total.

You don become a big boy and baller in the corporate world on every level globally.
Re: What Would You Consider A Good Salary. by Drella: 6:20pm On Feb 05, 2025
emperor4love:
u forget there were so many layoff,baba na ppl way de fr upstream fit the see money fr oil coy, 5million for entry,no way bro
I’m not supporting the 5m assertion but I’m saying entry level earn at least 2m as opposed to the almost 900k he mentioned.
Re: What Would You Consider A Good Salary. by Drella: 6:22pm On Feb 05, 2025
emperor4love:
u should say chevron and texaco are sister ,plus exxon, this are American coy why Total and F are of France but on that even at upstream no one fit pay u 5metre fr entry bro
You are correct.

I referred to them as sister companies because they are both IOCs
Re: What Would You Consider A Good Salary. by Drella: 6:32pm On Feb 05, 2025
Gerrard59:
Management consulting firms like the MBBs and Strategy& then you become a hotcake for the IOCs. McKinsey > Total.

You don become a big boy and baller in the corporate world on every level globally.
Sounds cool.

Make we dey watch sha
Re: What Would You Consider A Good Salary. by emperor4love(m): 7:20pm On Feb 05, 2025
Drella:
I’m not supporting the 5m assertion but I’m saying entry level earn at least 2m as opposed to the almost 900k he mentioned.
that one dey realistic, the just underpay we here but there foreign workers working in Nigeria the collect 500 dolls or euro, most of this coy be it entry or years of experience ooh
Re: What Would You Consider A Good Salary. by Drella: 8:08pm On Feb 05, 2025
emperor4love:
that one dey realistic, the just underpay we here but there foreign workers working in Nigeria the collect 500 dolls or euro, most of this coy be it entry or years of experience ooh
Higher skilled Nigerian workers with vast years of experience get paid more than that sef.
Those drillers and oil rig workers earn very well.
Re: What Would You Consider A Good Salary. by Gerrard59(m): 4:17pm On Feb 14, 2025
Mammangaddafi:
Leave those guys make them dey lie to themselves…one was even saying a salary of 2m is managing for him..
But Seplat is paying 3M per month to new employees. huh
Re: What Would You Consider A Good Salary. by Gerrard59(m): 4:20pm On Feb 14, 2025
Drella:
Higher skilled Nigerian workers with vast years of experience get paid more than that sef.
Those drillers and oil rig workers earn very well.
As seen here: https://x.com/morris_monye/status/1890394863754993739?s=48

So, I was right after all. My years as a recruiter in Nigeria was not bad after all. grin grin grin

miketayo:
When it comes to salary, unless you ask someone who works there, don't believe anything you see online.
I am talking about Chevron, I don't care what the others pay.
Then those people must be ignorant like you, they aren't as exposed as they think.
If Seplat can pay 3M, why should an MNC like Chevron pay way lower?
Re: What Would You Consider A Good Salary. by Bulletproof: 6:53pm On Feb 22, 2025
Seplat 47m per annum entry level

Shell 49m per annum entry level

NLNG 80m per annum entry level

Chevron 75m per annum entry level

Total 70m per annum entry level

Mobil 71m per annum entry level

SLB 27m per annum entry level

Oando 34m per annum entry level
Re: What Would You Consider A Good Salary. by syrekylian: 11:03pm On Apr 09, 2025
Hi, Oando really pays up to N1m at entry level in 2025? I don’t know, I’m just curious so I’m genuinely asking for the range

Drella:
Chevron and Total are sister companies. While one may have a higher salary than the other, the difference can be staggering.

Even Oando, Seplat, etc that are indigenous and not multinational, they pay more than 1m to entry level staffs. How much more IOCs like Chevron, Total, Shell, etc?

If you say this thing among people that are exposed, they will laugh at you o.
Re: What Would You Consider A Good Salary. by Alaprom(m):
Thanks, pls What's the source?
Does chevron really pay higher than Exxon and NLNG paying higher than all?
Bulletproof:
Seplat 47m per annum entry level

Shell 49m per annum entry level

NLNG 80m per annum entry level

Chevron 75m per annum entry level

Total 70m per annum entry level

Mobil 71m per annum entry level

SLB 27m per annum entry level

Oando 34m per annum entry level
Re: What Would You Consider A Good Salary. by emperor4love(m): 2:13pm On Apr 24
G
Alaprom:
Thanks, pls What's the source?
Does chevron really pay higher than Exxon?
na to get inside those companies be the problem ooh ,with your allowance, bonus the stuff fit clock 100m but bro , to enter na wahala
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