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Nairaland Forum / Nairaland / General / Career / 16 Years Banking Experience As A Contract Staff (Age Barrier) (32092 Views)
My Dilemma As Contract Staff In A Bank / N85k Bank Contract Staff Job Vs N50k Public School Teaching Job / How Much Does First Bank Pay Her Contract Staff? (2) (3) (4)
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Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by doyinbaby(f): 3:21am On May 15, 2017 |
alanka:don't mind tomdom, people can be so mean someone is sharing what is paining him you they talk English.... 1 Like 1 Share |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Benekruku(m): 3:27am On May 15, 2017 |
doyinbaby: Very true Trust me! Been there. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Elderay(m): 4:02am On May 15, 2017 |
very selfish industry... |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by einsteino(m): 5:26am On May 15, 2017 |
veeberry: you know how to leave, just arent bold enough to. since you already have other sources of income it should be easy for you to leave. first diversify your income stream, save up enough to sustain yourself for at least 8months, checkmate your lifestyle making sure that it isnt beyond modest. then set a resignation date in mind and do not turn back on it regardless of what happens and the naysayers, inshort do not discuss it with people who are addicted to life in a comfort zone and the fear of uncertainty. That's how i managed to resign my job 2 months ago, after working for just 3years at an engineering firm. its not easy living without a job, but if you can hustle and have a skill set or businesses to involve in, with time it is far more rewarding. things could go down south many a times but at least you know you wouldnt end up wasting your life in the employment of an entity that only cares about themselves. 3 Likes 1 Share |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Benekruku(m): 5:39am On May 15, 2017 |
einsteino: Inspirational! |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by vislabraye(m): 5:51am On May 15, 2017 |
xandy84: I would like to get some info about poultry farming. What type of poultry farming are you into ? What is the start up capital for 500 birds for instance ? How much do you buy a pieece of land ? 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by kaystick86(m): 7:03am On May 15, 2017 |
The fact is contract job is totally different from permanent job, it baffles me when I see my old friends that have been PS since 2007 and they are still happy. The bank don't have it in mind to convert you. Even if they want to, they have their candidates. So pls the best time to vacate that contract job is 5years. I was once a contract staff, I spent 6 years with one of this old banks but I was wise to leave when the ovation was loud because. 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by xenten: 7:19am On May 15, 2017 |
The Challenge most people have is to know when to move on. Wither Contract or Permanent Staff, it is clear that people that get promoted faster are the people that move around a lot. As a full time staff of a bank, I was rejected from another bank because I was also too old to fill in the position available. I had to resign and float my own business. Life is a challenge! You do not have to work in a bank. There are many opportunities to survive in Nigeria today, all you need is to open your eyes and be ready to pay the price. I was in the same Ecobank for eight years, I got fed up of waiting for promotion moved on to another bank with a higher level and better pay. Stayed 2 years there and then attempted to move to another bank. I was told I am over-aged. I resigned from the bank and went solo. I am telling you that I am paying my bills and living comfortably without taking loans which was our usual practices as bankers. 2 Likes |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by alanka(f): 7:39am On May 15, 2017 |
doyinbaby:That is how some people are. They are ignorant and they insult others for being ignorant. His sentences to correct him are very bad yet his forming superman. Does he know also that there is no English word like DEVICED but DEVISED...I hate it when someone thinks is perfect. Those that support to be learning are the ones teaching others. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by buragidi(m): 7:49am On May 15, 2017 |
Hmm. Your thoughts are brilliant, it's just that they appear too theoretical. I was in the bank, even as a chartered banker with HND. I was on contract for two years before I was converted. My experience is that the salary paid to the contract staff is hardly sufficient to keep body and soul together. Some of them receive as low as 30k monthly in an expensive city like Abuja. You see them putting on tie in the morning going to work, but they are broke. I had a vision to do ACCA, I could not start until when I was converted to a full staff. People in the system will relate with this. The bulk of the fraud you see in the banking sector is perpetrated by the contract staff. A popular quote in the banking system is a statement made by the former US treasury secretary that "... If any staff lives above his means, sack him, even if the reasons for his lifestyle can be justified, still sack him, because where living above one's mean might not be a crime, it can ultimately lead to a crime" In referencing this quote however, they always either mischievously or ignorantly ignore the opening statement of the quote that says "Pay your staff such income that could make them live comfortably and respectably in the society... ' honestly, Nigerian banking system is a crap. Ralphlauren: 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Welcomme: 7:56am On May 15, 2017 |
Mannylex:Oga Manylex, can I pls get ur email address...Got something to discuss with you sir. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Nobody: 8:17am On May 15, 2017 |
There's nothing fulfilling as having your own business no matter how small you may start. Growing up, I never fancied working for any firm. All credit to mumsy who thought me business even before I learned how spell entrepreneur. Goodluck op, move on. The lord is your strength. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by alizma: 8:34am On May 15, 2017 |
YewaLand:I very much appreciate you for sharing your practical experience but I want to say you need to be blame if you are now finding it difficult to live. during those eyes you were working, I had expect that you have alternative plan to fall on should the unexpected happens. every single person be you a lady or a guy should always try as much as possible to have alternative plan. you could have take the risk of employing one of your mate who u are sure of his business acumen but has no money or job like yourself. it is high time we stop blaming people who give us opportunity to earn something when our government has failed us totally. take the little advantage given to you to change your life for better. 16good yrs and you are trying to tell me u couldn't save #1.6m( #100,000 per year, less than 10,000 per months) to start up life should anything happen contrary to expectations. at 41, why are you still bend at working for somebody, is it not time you employ others? contract staff is not as bad as you are trying to paint it, I think your attitude to life is the problem here. contract staff can help you to change your life for good in the absence of other opportunities. guys out there, before you turn down contract job opportunity, pls ask the OP if he has something better for you? if no, kindly hold tight on to it and plan your life from there. 16yrs gone and he can't even employ himself yet he is blaming those who gave him small opportunity when he can't give himself any talk more of giving others. sorry if I am too harsh on you but I have to tell you the truth. now my advice; during your 16yrs work, I supposed u should have friends you work and catch fun and even spent your money with, call at least 5of them and tell them to lend you some money,100k from each should help you start something. gradually you can repay them. success 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by bravesoul247(m): 8:42am On May 15, 2017 |
tomdon:I swear down. Anytime I see people using am instead of I'm it annoys me alot. 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Adieza(m): 9:41am On May 15, 2017 |
doyinbaby:That is the reality ma. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by esti98: 10:01am On May 15, 2017 |
I want to shed more light on the OND contract job, I was once a contract staff in one of the bank in Nigeria, but at inception I was sent for induction training in their training school, it was there I was made to know that OND contract job was established then by the bank to help those who have OND but unable to sponsor themselves further for their degree to work for some time and save money to be able to train themselves further, because if you look at the appointment letter, the job is meant for one year renewable if you conduct yourself well, but we all forgot too soon to stop after we have started enjoying regular monthly salary. it is not the fault of the bank but the contract staff who thought he/she have landed a job and relied on the contract job as permanent. I had this at the back of my mind immediately I came back from the induction training and planned to work for just four years. my advice is that, if you can get the contract job, do it and don't ever think you have gotten a job, use it as a stepping stone to your endeavor in life. 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by esti98: 10:14am On May 15, 2017 |
for those who are looking for job, take up contract job if you see, in my time it was not easy to come by, because you must have upper credit and you will write exam which you must pass before you can even be called for oral interview, I don't know how they do it now. You have so many opportunities, you get to meet with people who can help you if you have good moral and you are not fraud minded, you can even save money to start some business of your own later. thanks 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by GreatCracker(m): 11:02am On May 15, 2017 |
kenny1st:please can we talk private |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by zavalskii(m): 11:04am On May 15, 2017 |
Ok |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by kenny1st(m): 11:07am On May 15, 2017 |
[quote author=GreatCracker post=56537434]please can we talk private
[/quote Pls PM me no problem. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by dammyagboola(m): 11:08am On May 15, 2017 |
Thanks to the writer of this piece of information. It is educative and eye opener for the job seeker out there. We are in a serious mess in this country. Which way Nigeria, hope is completely lost on this country.[font=Lucida Sans Unicode][/font][color=#990000][/color] |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by 400billionman: 12:28pm On May 15, 2017 |
veeberry: I left in my fifth year even though a core staff. Why should someone keep working and feeling like he is in a prison yard ? That job is slavery. Worse off the big boys working at the bank head quarters in Lagos get promotion almost yearly, some of them are into real estate business, oil and gas, granting huge loans that give them big cuts. When they resign, they buy houses abroad, or buy private jets. Why can't I live like that too ? Just write down a date you want to resign and work towards it. Start a business today. True that making profit in business in Nigeria is getting harder by the day. Business profitability 10 years ago was 10 times better than today. Big companies kill off new competition. For example in 2001, when GSM was newly launched, N100 call credit was sold at N80 by Service providers to key distributors, They resell N90 to retailers who make N10 after selling at N100. Many key distributors became multi millionaires overnight. But today those overnight millionaires have become poor rats. Why ? Profit margin for distributors have been narrowed down to 3% from between 20% to 30% 16 years ago. From Telecoms to Cement distributors, from Electronics manufacturers to Fast moving consumer goods, this wickedness of manufacturers is killing off businesses that occupy the distribution chain. In all, manufacturers want to maximize profit at the expense of their distribution partners. So today, business isn't easy anymore. All I can say is, seek out an unregulated business that will profit you well, then resign. Simply put, READ WIDE.. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by 400billionman: 12:40pm On May 15, 2017 |
uzobaby: So you prefer the fake than the real. Those customers bankers run after for deposits, are they not humans ? See its easier as a banker to get very close to customers and learn what they do that earns them big cash and use such knowledge for your betterment. Bankers are privy to a lot of information, yet they do not use them. Business is all about secret. A business man will never tell you what makes him his biggest money, yet bankers get all these info from the customers for free. The way I see it is if you are not determined to leave, you remain boxed in as a slave. Call it, suffering and smiling.. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by 400billionman: 12:49pm On May 15, 2017 |
lereinter:So he should die ? |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Nobody: 1:09pm On May 15, 2017 |
400billionman:I'm just stating what makes it difficult for them to leave not me |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Ashmark(m): 3:09pm On May 15, 2017 |
Habeyy: It is not about Banking Industry. Contract jobs generally is not really good but then you can't blame the company's but the Labour law/Country. Somebody is working in a Bank as a contract staff with 80k salary and then another person too is working in local government with 45k salary for the pass 8years without promotion. Let OP go and ask contract guys in manufacturing industry 1 Like |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Habeyy(m): 5:01pm On May 15, 2017 |
Ashmark:u said well my bro,am currently sitted in one of the banks waiting to be interviewed ...It dozen really depend on the job you have now,what matters most is the plan you have for ursef and ur future as youths we need more than a stream of income ...work hard,learn more,earn more to live that good life you desire ...God bless the op,and nairaland all together |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by Frankaka8(m): 9:00pm On May 15, 2017 |
tomdon:the earlier peeps gets to know that English is just a language and not a true test of intelligence, the better!! Alot of English professors in 9ja... whereas street ti take ova. |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by xandy84: 11:27pm On May 15, 2017 |
I don't have a poultry bro. I am just making suggestion to you. vislabraye: |
Re: 16 Years Banking Experience As A Contract Staff (Age Barrier) by lereinter(m): 5:57am On May 16, 2017 |
400billionman:why should someone berate an institution he worked for for 16 years. he wont try staying for 6 months if it was hell. as he painted it. |
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