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Re: The Real Truth about Naija Banks Salaries!
my guy ur brother here dey go thru hell oh.i no no if u can assist ur bros for any of the bank.make i summit my cv.i get OND upper credit
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Re: The Real Truth about Naija Banks Salaries!
my problem with bank work is that they hardly have enough time for themselves
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Re: The Real Truth about Naija Banks Salaries!
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Re: The Real Truth about Naija Banks Salaries!
That was a wonderful research and write up. If u hav ever been hungry b4, then u'll know it is no reason why people should be detered from wishing 4 banking jobs. Graduates pack faeces for 40k per month. u beta enjoy ur banking job afterall, its all about the CASH.
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Re: The Real Truth about Naija Banks Salaries!
i luv your way of exposition. its really cool except that despite this many of us are still willing to work in the bank. dont u think as u advised one shld start with FCMB. Though ive always dream to work with oil companies but i end up in a newspaper house still hoping to find oil work one day. once more, kudos to you for enlightening us.
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Re: The Real Truth about Naija Banks Salaries!
Nice research work, am happy people still take time to do constructive criticism on such important issues, keep it coming
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Re: The Real Truth about Naija Banks Salaries!
Pls House, does any body have an idea of aptd test format of First Inland bank? Pls I want to know
One Love
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Re: The Real Truth about Naija Banks Salaries!
quit a piece .....first is still d best! wat do u think?
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Re: The Real Truth about Naija Banks Salaries!
thanks for the information
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Re: The Real Truth about Naija Banks Salaries!
Hi House,
Guiness Nig Plc just posted vacancy for Quality Assurance Manager-Lagos.
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Re: The Real Truth about Naija Banks Salaries!
whaoooooooooooooooo,disAmazing!!!!!!!!!!!
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Re: The Real Truth about Naija Banks Salaries!
Hello,
Thanks for the word and am very happy ti read dis.Please can you help me to make research on How much are they paying OND holders in all the banks in Nigeria,also what is your advice for those that have OND and which to work in banking sectors.My number is 08082483237.Have a lovely day.
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Re: The Real Truth about Naija Banks Salaries!
I think that for a fresh graduate and/or graduate trainee level, banking is a good job for beginners. Comparatively, it is a little easier to get a bank job than the oil, gas/telecom jobs. and the job does groom you into becoming a hard worker, and for a beginner, getting those first few years of working experience helps, especially when you want to progress into another job or career.
Also the fairly good salary helps you establish yourself to some extent, eg, your accomodation, electronics/furniture, and possibly a good car, all of which can be purchased from the various loans given to bank staff.
However as you get older and want to have a family, it becomes problematic, moreso for the ladies.
I would advise that as a fresh graduate with 2yrs or less experience, if you cant get the oil/telecom jobs, the banking sector is also an option, until you are able to land your dream job.
Cheers.
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Re: The Real Truth about Naija Banks Salaries!
Can anybody in the house please let us have a feel of what is operational in the manufacturing industries?
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Re: The Real Truth about Naija Banks Salaries!
its kool to know all that. tanks for the suggestion of becoming self employed.
maxzy
Quote:
Originally Posted by NKONYEMA
Hello All,
Enjoy reading….
At times when u guys pass comments on bank's pay, u tend to make me laugh.
I am working in one of the banks, my bank is not in the top five yet but in the top ten.
Do not be deceived with all those paper pays and apart from that, HR policies of each of the banks differs
If you say Bank PHB is the highest paying you make me laugh. See they will just tell u the good part of it, they are leaving out the negatives.
Do you know that in the same Bank PHB, you only earn the percentage of the branch target that was met for that month? If you branch makes 75% in target and profitability, then you are going to earn 75% of your salary, be it business developers (marketers) or support guys (operations).
Entry level for 1ST BANK is 104k and it is a less stressful place to work. this is because they have cheap funds ---- monies of our great grandfathers who are dead & we are not even aware of (ie monies of the deads).The amalgamation of this funds over the decade makes 1st bank a big bank, thereby putting less stress on their biz developers. they are really being proactive and dynamic nowadays.
As for INTERCONTINENTAL BANK, nice pay but unsecured work. Don't be surprised if you get to work tomorrow morning and find that your colleague is under suspension for what could be treated as minor issues in other places. Sincerely, I don't know how their staff still manage to put up a SMILE despite the uncertainties that surrounds them.
Zenith pay is quite small at entry level but they usually promote across board unlike other places where promotion is based on performance. Zenith promotes you for your effort and also promotes at times for you to be geared to be like top performers though you're not performing very well. if you really want to learn the ethics and basics of banking, it is not the best place to start for a marketer because you will not know more than how to generate deposit. The other aspects of banking ie risk assets generation (credit packaging) will be virtually nil. It is a nice place to be with good and strong corporate image. They have a sound IT in place and their staff are proud of their Bank.
GT Bank is a very classy place to work. My problem with them, they have quite a sizeable number of contract staff as support. Their PS is cool too and your promotion is rest assured. Their staff are very distinct. Their staff are very proud of their bank too.
OCEANIC pays well too. It is roughly 90k at the beginning for 6months, before you are upgraded from PIT to AO and you start earning up to 156k in a month. I heard they also pay 87k as quarterly pay for entry level.
It is a bank that needs to pay more attention to the quality of staff they recruit, as well as their IT. More often than not, they are always having FINACLE DOWN TIME. At times the quality of staff recruited is a reflection of the organization. I tend to wonder if some of them tipped HR to be employed or maybe the people that are recruiting are recruiting people like them.
FCMB is a place I will rather advise entry level guys to start from because they will learn more within a short period of time. After acquiring the knowledge here, the sky is not even the limit again. Entry level is 160k per month before confirmation. Immediately you are confirmed, your monthly pay drops to 87k but the remaining part is paid as quarterly pay every three months. This is usually up to 220k. You also have access to 80k line of medical services. They have a superb IT facility and their staff are highly knowledgeable. My problem with FCMB is their staff. They are usually not proud of their workplace and they have every cause to be though they have NICE T-SHIRT, ADVERT, PRODUCT, building. I love their lapel pin.
STANBIC IBTC is a lovely place to work too. entry level is up to 150k. It is another place I will recommend to starters to begin from because they will learn a lot from here. Their staff are cool.
Skye Bank -- entry level is 130k (not too sure). I heard they have a lot of contract staff too. I had an unpleasant experience wit some of their marketers last week and I promised myself if those are the caliber of people working in Skye, I will never work for them. They have a very good advert that won them into the hearts of Nigerians. I thought they dropped their standard wit that NEW HAKUNA MATATA ADVERT. They also need to improve their IT.
ACCESS BANK place a lot of emphasis on the quality they recruit. Though they have contract staff too, they all look well paid. Entry level is up to 120k. So I heard o.
ETB -- heard they pay well, but it is a one-man business that is not quoted on the stock market floor.
I don't know much about the following. ------ Fidelity, Eco, Unity, First Inland, Union
Be that as it may, banking sector is still one of the best place to work. It makes you couth and respected. You also meet people you would never have dreamt of meeting. In terms of pay, the Oil boys may be ahead initially but the problem is that they hardly get promoted unlike a banker that can become a BM within 4-5years whereas your friend in the oil sector is just about getting his 1st promotion and a time is coming when money might not be important again but positions. that is why you see people introducing themselves as Head of this and that while your friend in the oil industry is still saying yes sir to the same Oga he has been saying it to for 5 years.
Truly speaking, the best thing you can do for yourself is to be self employed.
I have read about bankers and I just can not help laughing at times. Banking is not all about marketing and begging for money. There are other technical depts. --- financial control, treasury, credit admin etc.
You never know how far until you're in the system.
"I will do my PART to delight our customers,Have you done yours?
HAPPY CUSTOMER HAPPY BANK.
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Re: The Real Truth about Naija Banks Salaries!
very good job, pls keep it up :)
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Re: The Real Truth about Naija Banks Salaries!
Thanks a mil for that quality info; i work with FCMB as a DSA Trainee and i must say the pay for DSAs is discouraging but like you rightfully said; a lot is known within a short period. As per being self employed, that's definitely on my mind; see u @ the top!
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Re: The Real Truth about Naija Banks Salaries!
thanks man but u did not say anything about uba group help me i need info on that bank
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Some stockbroking firm pay well. I know of one that pays 150k at entry level. Be on the look out for them!!!!! 8) 8)
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Re: The Real Truth about Naija Banks Salaries!
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How much does FCMB Plc. pays their Sales Force staff (entry level) before
and after confirmation.
Your response is highly needed.
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Re: The Real Truth about Naija Banks Salaries!
May the almighty bless U richly 4 dis info. pls keep it up
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Re: The Real Truth about Naija Banks Salaries!
well, what can i say? u've said ti all. but i do have a huge grouse with access bank, i mean, i wrote their apt test on the 10th sept n i could boast that i was among the best , but they didn't call me up. there n then i knew they doctored their scores! they really dn't know who they just missed a GO GETTER.... i think im'o trymy luck in some other bank who'll know my worth...
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Re: The Real Truth about Naija Banks Salaries!
we all still wants to work in the bank.for me,ve changed my line of interest.i don;t want to be a marketer again o.
i think IT is got it for me.although a friend said am making a mistake.
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Re: The Real Truth about Naija Banks Salaries!
I ENJOYED THIS................
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Re: The Real Truth about Naija Banks Salaries!
House any info about skye bank recruiting? Has sterlings started there shortlisting
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Re: The Real Truth about Naija Banks Salaries!
hi nkoyema
that was lovely, its just that i dont fancy this bank work. to mee, its a revival of old time slavery. u hardly have time for yourself as u go to work every blessed day, imagine i saw a notice that a notable microfinance will stat sunday banking soon. any way its just my own view, guys wat do u feel,
nkoyema, i like us to gist o, mail me at [email protected].
lots of luv guys
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Re: The Real Truth about Naija Banks Salaries!
Thanx Nkonyema. This is a really relevant write up.
Plz I need you to give me an update on OND recruitment in these banks. I learnt that Banks now recruit OND holders basically as Bulk Tellers and for Cashiering. Also to cut down cost of staff salaries. How true is this?
Also what hope does OND recruits who work in these banks have in terms of career development?
I actually need this info as I will be participating in a career talk soon; and the target audience is basically OND holders.
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Re: The Real Truth about Naija Banks Salaries!
Thanks for the information.
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Re: The Real Truth about Naija Banks Salaries!
Na wa o. Banking is sweet, but for fresh graduates who are single. Luckily i still belong to the category
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Re: The Real Truth about Naija Banks Salaries!
Hi again, wanted to know if you have any info on Sterling Bank and Finbank. Cheers ;D
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Re: The Real Truth about Naija Banks Salaries!
please i want to know about the recruitment process of oceanic bank
i also want info on what it entails to work as a secretary in a bank ie is it as tasking as marketing and operations
i also want info on the remuneration of staffs of televison stations ???
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Re: The Real Truth about Naija Banks Salaries!
Thanks girl,it does'nt matter where u got the stuff from,wat matters is to share dat wit ur friends and other pple which u'v done already.
Cute dear,Thumbs Up.
SAFE.
;D
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Re: The Real Truth about Naija Banks Salaries!
This is simply FANTASTIC- please, keep it up.
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Re: The Real Truth about Naija Banks Salaries!
Good work dearie, pls, keep it up!
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Re: The Real Truth about Naija Banks Salaries!
great jobs, tis is a nice one.
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Re: The Real Truth about Naija Banks Salaries!
Hi guys,
Nice,interesting and quite educative piece u wrote about our banks!
How about Telecoms,who will enligten us about them?
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Re: The Real Truth about Naija Banks Salaries!
wow it was bang bang i am actually an engineer turned banker with fidelity bank but i rarely know much about other banks. they almost the same, not as rosy as we project them from outside though it might be interesting at times and builds confidence but it doesn't mean that if i see a good oil work i won't go sure i will. for real i really intend to go self employed before between 30 and 33. however it was a very nice write up. keep writing more about other sector.
thanx.
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Re: The Real Truth about Naija Banks Salaries!
Its like you much about banks, pls does any one in the house know the latest about Union Bank & GSE?