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Is This What Moniepoint Pays As Salary? - Career (3) - Nairaland

Nairaland ForumNairaland GeneralCareerIs This What Moniepoint Pays As Salary? (40807 Views)

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Re: Is This What Moniepoint Pays As Salary? by BioData45: 8:26pm On May 07
Kobicove:
The little success his company enjoyed got to his head and he suddenly though they have achieved unicorn status that why he started talking cho cho cho and ended up shooting himself in the foot undecided
To be honest, anyone can say nonsense things like this but I believe people should be more careful in public.
Re: Is This What Moniepoint Pays As Salary? by obitrac: 8:28pm On May 07
Omo na so software jobs monthly pay take crash reach for naija,abeg make I pivot to solar
Re: Is This What Moniepoint Pays As Salary? by press9jatv(m): 8:28pm On May 07
Moniepoint owner messed up himself here. See the peanuts he's paying his staffs
Re: Is This What Moniepoint Pays As Salary? by BuchyD: 8:34pm On May 07
This is a clear case of " who the cap fits,let him wear" .

If e pain you, then you're "unemployable" indeed.

English comprehension is a huge task for Nigerian graduates.

He never said ALL Nigerian graduates are bad.
He "said" Nigerian graduates are bad.

His assertion may come out blunt but it's TRUE.

Na herd mentality dey make anybody vex on top that statement.

Graduates/Job seekers should do better through capacity building.
Re: Is This What Moniepoint Pays As Salary? by Nobody: 8:43pm On May 07
BuchyD:
English comprehension is a huge task for Nigerian graduates.

He never said ALL Nigerian graduates are bad.
He "said" Nigerian graduates are bad.


His assertion may come out blunt but it's TRUE.

Na herd mentality dey make anybody vex on top that statement.

Graduates/Job seekers should do better through capacity building.
You're contradicting yourself, Mr Shalaye.

'Nigerian graduates are bad' statement leaves no exception.

Should I offer you 'A'-One in English ?
Re: Is This What Moniepoint Pays As Salary? by casualobserver: 8:58pm On May 07
DeOTR:
In software engineering world, no school leaver can land a QA job. You can't even apply if you can't write automation scripts. You need to have some level of competency to be a QA engineer. These are the people that verify work done by software engineers. It's not rice and beans.
Where I work, common client experience earn at least 500k monthly. We have more staff strength than moniepoint and we serve a global client, but don't find it difficult to fill any role.
Oga is it that you have a comprehension problem? You didn’t have to quote my post and disturb my peace to more or less repeat what I said in my post.
Re: Is This What Moniepoint Pays As Salary? by Easylife1234: 9:00pm On May 07
It's well with away job seeker in my country Nigeria
Re: Is This What Moniepoint Pays As Salary? by casualobserver: 9:01pm On May 07
smasher1:
Q. A in the bank must be graduate preferably chartered accountants. They detect frauds from staff and recommend staff for disciplinary actions up to sack. In many banks they must be full staff not contract staff and salary starts around half a million for starters. Banks usually employ experienced staff for this role.
Again like I said, no one knows unless the detailed job description and responsibilities is known. Unfortunately he didn’t post 1-4 where it likely would have been stated instead he only posted 5-8. Whether that was deliberate or an oversight, we don’t know.

Job titles these days mean nothing! It is the job description that will tell you whether it is a graduate level role or a low level job that is targeted at low level graduates because of the collapse and in the education system.


One thing I would say is this. A company that pays it’s software developers millions per month is almost certainly not going to employ people on N200k a month to QA their work!
Re: Is This What Moniepoint Pays As Salary? by dannex(m): 10:12pm On May 07
hope4nigeria:
average drivers salary in lagos is #200k, and that one is saying rubis
Gtbnk drivers are paid almost 400k per month. Go verify !
Re: Is This What Moniepoint Pays As Salary? by hope4nigeria(m): 10:19pm On May 07
dannex:
Gtbnk drivers are paid almost 400k per month. Go verify !
that's what I'm saying, that's why I said average, I worked with Enviable Transport in Lagos in 2024, they pay drivers #300k at the time with accommodation, then someone who is looking for global standard graduate is paying #150k insulting Nigerians
Re: Is This What Moniepoint Pays As Salary? by dheolexaone(f): 11:03pm On May 07
Tosin Eniolorunda thinks others are talentless because he innovated a day to day app that meets global standard. This has so much entered his head that makes him feels he is on top of the world and can talk less of the average Nigerians that support and patronise his biz where in it's real sense he underpays his staff.
This stewpid attitude is not only common to Tosin but to other Nigerians in the diaspora who they can pay millions to expatriates and offer worker living in Nigeria peanut because they have seen the country finish.

Let him thread gently. His biz needs Nigerian ppl and the moment they back out from him... Let's see who blabs.
Re: Is This What Moniepoint Pays As Salary? by SmartyPants(m): 12:11am On May 08
callmeDDD:
He should have kept quiet instead of running his tap water mouth. He should not use his mouth to kill his business because if Nigerian youths reason his business, his losses won't be redeemable, i mean forever.
Yet you have not reasoned bad government as powerful as you are? I want to laugh but sincerely I'm so saddened at the depth of myopia.
Re: Is This What Moniepoint Pays As Salary? by SmartyPants(m): 12:13am On May 08
dheolexaone:
Tosin Eniolorunda thinks others are talentless because he innovated a day to day app that meets global standard. This has so much entered his head that makes him feels he is on top of the world and can talk less of the average Nigerians that support and patronise his biz where in it's real sense he underpays his staff.
This stewpid attitude is not only common to Tosin but to other Nigerians in the diaspora who they can pay millions to expatriates and offer worker living in Nigeria peanut because they have seen the country finish.

Let him thread gently. His biz needs Nigerian ppl and the moment they back out from him... Let's see who blabs.
You are only deceiving yourself. Tosin is made for life. Before Moniepoint he was already a senior tech bro. As of today, he has already made generational wealth and even if moniepoint disappears today he will take less than 30 minutes to get a top job anywhere in the world. Your threats mean nothing...think!
Re: Is This What Moniepoint Pays As Salary? by stuffs2002: 3:54am On May 08
The CEO of moniepoint is deluded.

The CEO of moniepoin want to pay the salary of keke marwa but want the services of limousine.


Why is the CEO of moniepont insulting Nigerians as if his company did not grow on the backs of hardworking Nigerians
Re: Is This What Moniepoint Pays As Salary? by Subonbon(m): 5:56am On May 08
I say for Nigeria once one idiot arrives....na rubbish him go begin dey spill.....
Re: Is This What Moniepoint Pays As Salary? by Teymanhenry(f): 6:22am On May 08
That's the amount they pay their customer care representative. N160,000 in Lafia
Re: Is This What Moniepoint Pays As Salary? by IamAsiri: 7:34am On May 08
CodeTemplar:
Heard the dude is from OAU. These are the people who feel their N200/annum tuition fee makes their education 5,000 times cheaper and thus better than private schools.

Many hair saloon owners and rice seller make more than that a year.
Abi a month. Unless it's iya Basira food canteen.
Re: Is This What Moniepoint Pays As Salary? by Idaytesj29(m): 7:57am On May 08
This is exactly on e of the reasons why Japa will never stop. Imagine paying workers such peanuts? And you want global talent. This is not about Moniepoint or other private business alone, even State and FG workers are very poorly paid. They just use corruption to get by. May God help our collective mentality in this country
Politicstoday:
https://www.gistreel.com/this-is-what-you-pay-alleged-moniepoint-salary-offer-leaks-online/




Source

Re: Is This What Moniepoint Pays As Salary? by DeOTR: 8:43am On May 08
casualobserver:
Oga is it that you have a comprehension problem? You didn’t have to quote my post and disturb my peace to more or less repeat what I said in my post.
No, we're not saying the same thing. Moniepoint is a fintech so any mention of QA should tell you it's software QA, not factory worker or hairdresser. Nobody goes to the university to become product owner/manager but we have them in the industry earning as much as software engineers.
Re: Is This What Moniepoint Pays As Salary? by Pootle: 8:49am On May 08
poshestmina:
I knew he landed himself in problem with that Statement.
You want the best hands but you're not offering anything better?

Na unemployment cause all this insults so..
it was a misguided statement, normal i house hearing could have taken place if he was abroad
Re: Is This What Moniepoint Pays As Salary? by Barcalee: 9:04am On May 08
callmeDDD:
He should have kept quiet instead of running his tap water mouth. He should not use his mouth to kill his business because if Nigerian youths reason his business, his losses won't be redeemable, i mean forever.
He should ask naira Marley
Re: Is This What Moniepoint Pays As Salary? by Schprobs: 10:09am On May 08
omoredia:
Lazy people will always see money as too small thats why they support failed leaders that will take from them with bad governance after agreeing to increase minimum wage
Can u break down how an average Nigeria should survive on 150k salary monthly
Food
Accommodate
Transport
Data
Re: Is This What Moniepoint Pays As Salary? by ebosed: 11:09am On May 08
What if this was the offer letter of/for a DRIVER at Moniepoint?
Re: Is This What Moniepoint Pays As Salary? by SEMACCOUNT: 12:44pm On May 08
muyico:
Nigeria don reason this man!
This has just made moniepoint popular smiley
Re: Is This What Moniepoint Pays As Salary? by ultraviolet27(f): 12:49pm On May 08
SmartyPants:
You are only deceiving yourself. Tosin is made for life. Before Moniepoint he was already a senior tech bro. As of today, he has already made generational wealth and even if moniepoint disappears today he will take less than 30 minutes to get a top job anywhere in the world. Your threats mean nothing...think!
Is that tosin behind that moniker?as you dey reply everybody no go change your ways even if you establish any Fintech job abroad and you don't pay them well there they will deal with you because those ones aren't docile and take rubbish and they aren't suffering and smiling like naija people!!

the dark continent men always wanting to exploit and reap off the sweats of their kinds yet can't renumerate their kinds who made that fortune for them.

see you saying yet you can't reason your government bla bla ba na government employ them?or because say government dey maltreat them make private owners too dey mistreat them?'ti iya nla ba gbe eni sanle kekere a gun ori e'
Re: Is This What Moniepoint Pays As Salary? by ultraviolet27(f): 12:51pm On May 08
Schprobs:
Can u break down how an average Nigeria should survive on 150k salary monthly
Food
Accommodate
Transport
Data
You dey mind him maybe he is one of those private school proprietors who also pays their staffs slavery wage yet will have the guts to condemn the government how are they different from them?
Re: Is This What Moniepoint Pays As Salary? by Hassanmaye(m): 1:09pm On May 08
edogu:
Does it mean he was looking for modern slaves when his company's complained about inability to engage 500 workers? grin
They know graduates are desperate, he should be careful of his utterances before we stop using monei point
Re: Is This What Moniepoint Pays As Salary? by bizzibodi(m): 1:17pm On May 08
I wanted to get a POS for my business,the POS that came to my head is money point,but this childish attitude of the CEO has made me had a rethink.
Re: Is This What Moniepoint Pays As Salary? by casualobserver:
smasher1:
Q. A in the bank must be graduate preferably chartered accountants. They detect frauds from staff and recommend staff for disciplinary actions up to sack. In many banks they must be full staff not contract staff and salary starts around half a million for starters. Banks usually employ experienced staff for this role.
1 basic common sense in the absense of extraordinary intelligence 2. Proper education 3 exposure and enlightenment. These are the issues. It is at the heart of what the CEO is saying and the absence of any of those qualities in your response is at the heart of your troubles.

If you go to ANY village with a rolls Royce and try to use it for taxi services and charge the same rate the locals pay for Okada, don’t be surprised if they refuse to enter! Despite lack of exposure and education, they have enough common sense to know something isn’t adding up here! So rather than enter and find themselves victims of some untoward activity, they would seek verification, they would ask around why are you doing taxi services with a Rolls, who has entered and come out safe, how many people etc etc. this is basic human common sense. No degree or exposure or speaking English needed. This is what the CEO is talking about that our graduates increasingly lack. What I described up there is the problem 90% of employers have with Nigerian graduates and youth in general. Basic common sense. No point in having a 1st class degree in civil engineering for example and you cannot apply are deal with situations with a logical mind. That’s the issue. The Nigerian graduate with a 1st class will enter the car and next thing he is missing and they harvested his organs.

Back to the issue:

It is on record that the starting salary for entry level developers at Moniepoint is 1m a month, with senior developers earning up to 10m a month. With your so called education, you think a billion dollar software FINtech company got there by employing N200k Software QAs to vet the work of people earning up to N10m a month? You think a company of that caliber does not know that someone earning 200k in Lagos can never be in a state to handle that level of mental complexity? Drivers earn 200k! Also as someone who claims to be educated, it never occurred to you that there are different processes in any company and that this particular QA may not be Software QA?

Having just one of the 3 attributes would have led a sound mind to say, “I need to see the detailed job description first”. His lack of logical critical thinking problem solving skills, is what you have displayed here. I can tell you without knowing who you are you don’t work in a multinational company and if you do your role is a mundane role. If you are abroad you are care assistant or warehouse worker etc. there are things you can tell about people in one sentence.

You may end up being right but it won’t matter because the process that led you to your conclusion was faulty which means your thought process cannot be trusted…this is what employers see, that is why you think you are deserving but you don’t get employed or promoted. You could not have rightly come to that conclusion without having the details of the specific role allegedly paying N200k and as I said whether deliberately or otherwise it was the crucial bit of information concealed. If this were an interview, you wouldn’t be employed, even if you were right. The right and logical conclusion was the conclusion I arrived at. We don’t have enough information about this specific role to conclude definitely that this is a software QA role.

In the same way of I had a junior staff who entered that fictional Rolls Royce, I would sack him if I got to know….even if I was the one o sent hm on an errand and he delivered….. Why? Because one day such a person will put me in trouble.
Re: Is This What Moniepoint Pays As Salary? by omoredia: 3:22pm On May 08
Schprobs:
Can u break down how an average Nigeria should survive on 150k salary monthly
Food
Accommodate
Transport
Data
Hold ur leaders accountable not business owners. But the govt that pays 70k as minimum wage and raise fuel to above 1500 u celebrate them because of tribalism
Re: Is This What Moniepoint Pays As Salary? by smasher1(m): 6:05pm On May 08
casualobserver:
1 basic common sense in the absense of extraordinary intelligence 2. Proper education 3 exposure and enlightenment. These are the issues. It is at the heart of what the CEO is saying and the absence of any of those qualities in your response is at the heart of your troubles.

If you go to ANY village with a rolls Royce and try to use it for taxi services and charge the same rate the locals pay for Okada, don’t be surprised if they refuse to enter! Despite lack of exposure and education, they have enough common sense to know something isn’t adding up here! So rather than enter and find themselves victims of some untoward activity, they would seek verification, they would ask around why are you doing taxi services with a Rolls, who has entered and come out safe, how many people etc etc. this is basic human common sense. No degree or exposure or speaking English needed. This is what the CEO is talking about that our graduates increasingly lack. What I described up there is the problem 90% of employers have with Nigerian graduates and youth in general. Basic common sense. No point in having a 1st class degree in civil engineering for example and you cannot apply are deal with situations with a logical mind. That’s the issue. The Nigerian graduate with a 1st class will enter the car and next thing he is missing and they harvested his organs.

Back to the issue:

It is on record that the starting salary for entry level developers at Moniepoint is 1m a month, with senior developers earning up to 10m a month. With your so called education, you think a billion dollar software FINtech company got there by employing N200k Software QAs to vet the work of people earning up to N10m a month? You think a company of that caliber does not know that someone earning 200k in Lagos can never be in a state to handle that level of mental complexity? Drivers earn 200k! Also as someone who claims to be educated, it never occurred to you that there are different processes in any company and that this particular QA may not be Software QA?

Having just one of the 3 attributes would have led a sound mind to say, “I need to see the detailed job description first”. His lack of logical critical thinking problem solving skills, is what you have displayed here. I can tell you without knowing who you are you don’t work in a multinational company and if you do your role is a mundane role. If you are abroad you are care assistant or warehouse worker etc. there are things you can tell about people in one sentence.

You may end up being right but it won’t matter because the process that led you to your conclusion was faulty which means your thought process cannot be trusted…this is what employers see, that is why you think you are deserving but you don’t get employed or promoted. You could not have rightly come to that conclusion without having the details of the specific role allegedly paying N200k and as I said whether deliberately or otherwise it was the crucial bit of information concealed. If this were an interview, you wouldn’t be employed, even if you were right. The right and logical conclusion was the conclusion I arrived at. We don’t have enough information about this specific role to conclude definitely that this is a software QA role.

In the same way of I had a junior staff who entered that fictional Rolls Royce, I would sack him if I got to know….even if I was the one o sent hm on an errand and he delivered….. Why? Because one day such a person will put me in trouble.
Thanks for your response moniepoint staff, but you are wrong ❌in all your assumptions and I don't deem you fit enough to correct✅ you.

Kind regards,
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