₦airaland Forum

Tina26:
but pays grad trainees 110k on 3 years contract. madness

Anniie4u:
3 years? Graduate trainee is supposed to be a permanent contract and gateway to a career in banking.

Solsix:
They are even trying, some banks pay 35k or less

seunfly:
For those new generation banks, it is a delibrates attempts not to promote them beyond the trainee, they gives 3years contract and after 3 or so years, only few will be promoted and new trainee will be recruited. It is attempts to keeps the wages at Rock Bottom slave level while they generates huge profit.
For callous organisation, it is very cheap that way, it is better to have trainee with wage of about 1.5m per anum than to have experience at 4/5million per anum, the cost of training them every 3/4 years is nothing compare to the cost of their wages if they are promoted.

Solsix:
They are even trying, some banks pay 35k or less

Kay512:
Banks. One of the legit fraud avenues.

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jimjam0652:
Zenith Bank system is different. They actually call them Graduate Assistant and it's a minimum of 4years. Even their ET earns 130k, the lowest in the industry

ALKARULEZZ:
Lol! No bank pays GTs 35k. The lowest should be UBA, and it's about 80k.

jimjam0652:
No bank outside UBA and Zenith pay it TRAINEE less than 2.8m per annum. There are bank workers and there are bankers. Say only what you know

Tina26:
but pays grad trainees 110k on 3 years contract. madness

Solsix:
Oga make inquiry unless it was upgraded recently. I worked in a bank some of us who were earning 65k were asked to be collecting 50k even after 6 years of working in the bank. When I was in still working in a bank a friend of mine was earning 35k as basic salary and some bonuses based on performance

ALKARULEZZ:
Apparently, you weren't a GT.

Solsix:
my I wasn't talking about GT, society see those contract staff as bankers when there salary is not taking them home