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Your Thoughts On Nigerian Banks Salaries 2021 - Career (11) - Nairaland

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Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 5:27pm On Jul 05, 2022
ejimatic:
. Training allowances can make you have 350k with your salary factored in it.After that no more payment of 350 k to a new staff in a bank. So I submit! If you think there is a bank like that mention it! I have contacts in most banks for verification.

Are you deliberately being obtuse?
Training school stipend is 75k. This year graduate trainee are currently in training school (Blue Academy). They resumed on Monday. Training is for two months.

When you leave training school, you grade is ABO. And your starting take him salary after ALL deduction is 350k.

You delight in being ignorant and it's annoying.

I am not thinking there's a bank that pays that much. I am telling you factually because I work here and we pay 350k to our fresh graduate trainees after training school.

angry angry angry

8 Likes 1 Share

Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 5:47pm On Jul 05, 2022
ejimatic:
. Training allowances can make you have 350k with your salary factored in it.After that no more payment of 350 k to a new staff in a bank. So I submit! If you think there is a bank like that mention it! I have contacts in most banks for verification.

Do you work with Stanbic?


Someone working with Stanbic have told you what they pay and you are still arguing.

8 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 5:55pm On Jul 05, 2022
Rich4god:


Yes o..... Your response was very clear.

Thanks so much for the explanation. From what you just said, I think Asset custodian will be the best fit for me at the branch level.

Thank you very much.

They have requested for my documents and asked me my grade in my current place of work.

Do you know what is next.

@richmondefosa
Re: Your Thoughts On Nigerian Banks Salaries 2021 by ejimatic: 6:21pm On Jul 05, 2022
richmondefosa:


If you have followed me diligently, you will see where I stated they Graduate trainee in Stanbic IBTC Bank get paid 350k after training school. These are fresh new staff. Many of them have no working experience whatsoever. Fresh out of NYSC.

Yunno what's funnier? Many of them joined the bank through my contribution this thread.

You leave the Blue academy and your grade is ABO with 350k starting next salary.

If you say no Bank in Nigeria pays fresh men 350k, I'll conclude that you're ignorant. And I will not continue to waste my time in baseless arguments.
. Is that what you pay every month after their training? 350k ? Any evidence? As for your unguarded ,
uncouth and uncultured utterancess I won't comment on them because it is a reflection of yiour experience and maturity. I doubt if yiou talk to your customers that way in your bank if truky you are a staff. there. Finally I want to advise you don't bring a topical issue to the plartform if you don't have the wherewithal to relate to people....
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 7:29pm On Jul 05, 2022
Rich4god:


@richmondefosa

Hi

Sorry I missed out on your earlier mention.

At this stage, if you were successful in the interview, you should be expecting a mail advising you on the hospital to visit to do your medicals.

2 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 7:35pm On Jul 05, 2022
ejimatic:
. Is that what you pay every month after their training? 350k ? Any evidence? As for your unguarded ,
uncouth and uncultured utterancess I won't comment on them because it is a reflection of yiour experience and maturity. I doubt if yiou talk to your customers that way in your bank if truky you are a staff. there. Finally I want to advise you don't bring a topical issue to the plartform if you don't have the wherewithal to relate to people....

I have tried as much as I can to be civil with you on this platform. I still think I am civil. I haven't stepped out of line.

I told you how much GT's earn. Yet, you're still asking. Prodding for answers that have already been given.

You've gone a step further to show you evidence of my payslip. You must be living in delusion if you think I'd do that. I don't even owe you any explanation sef. My contribution on this thread is for posterity. I want people to look back in time and see that my contributions were helpful to them in making the right choice.

I will not make any comment here in regards to our customers. Anything that'll put my organisation in bad light will not be linked to me. I pride myself as an exceptional staff.

Lastly, I will not dignify a faceless individual with any more response.

smiley

10 Likes 1 Share

Re: Your Thoughts On Nigerian Banks Salaries 2021 by Sonoyom(m): 7:37pm On Jul 05, 2022
ejimatic:
. I have many relatives there. 4 from contract to permanent staff..Contact staff is worse They belong to a firm that recruits them for the bank and can be dismissed at any time .They are not even on the bank payroll officially.
Like I said earlier, if only you knew.




Ignorance is bliss most times. grin

3 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by Winiebabe17: 7:40pm On Jul 05, 2022
Rich4god:


Yes o..... Your response was very clear.

Thanks so much for the explanation. From what you just said, I think Asset custodian will be the best fit for me at the branch level.

Thank you very much.

They have requested for my documents and asked me my grade in my current place of work.

Do you know what is next.

@richmondefosa

Have you been interviewed? Or have you taken any test?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 8:05pm On Jul 05, 2022
Winiebabe17:


Have you been interviewed? Or have you taken any test?
I have taken two test but no interview.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 8:13pm On Jul 05, 2022
richmondefosa:


Hi

Sorry I missed out on your earlier mention.

At this stage, if you were successful in the interview, you should be expecting a mail advising you on the hospital to visit to do your medicals.

My last question...

You know how all these Nigerian banks used to do. Sometimes, we will be hearing of banks like Access, UBA, Fidelity and co doing massive lay off. Does stanbic do such.?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Winiebabe17: 9:32am On Jul 06, 2022
Rich4god:
I have taken two test but no interview.

Okay, Same with me... I think its interview next then medicals, let's keep our fingers crossed.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 6:50pm On Jul 06, 2022
Winiebabe17:


Okay, Same with me... I think its interview next then medicals, let's keep our fingers crossed.

Yes o ...

We hope on God.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by HELLASJ(m): 11:19pm On Jul 06, 2022
Such an insightful thread! Thank you op
Re: Your Thoughts On Nigerian Banks Salaries 2021 by kaylardz(m): 9:49am On Jul 08, 2022
richmondefosa:
One of my greatest fulfillment in life is making contributions to this thread.

I have lost count of the number of people that have joined the organisation after seeing my post.

I wish y'all a successful career.

Someday, we will all see .

Good day boss, can I still get a contract banking job at age 29?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Irowan(m): 2:40am On Jul 09, 2022
Hello Richmondefosa, I really appreciate your contribution to this thread as it is rare these days when job seekers are seeking information into organisations they want to join. I have a question which is not stanbic related and I thought you might have an answer since you're in the sector. Please do you have an idea of how much NIBSS pays Graduate trainees? I need the info to know if I should continue my recruitment process with them. Thank you for your swift response as always.
richmondefosa:


I have tried as much as I can to be civil with you on this platform. I still think I am civil. I haven't stepped out of line.

I told you how much GT's earn. Yet, you're still asking. Prodding for answers that have already been given.

You've gone a step further to show you evidence of my payslip. You must be living in delusion if you think I'd do that. I don't even owe you any explanation sef. My contribution on this thread is for posterity. I want people to look back in time and see that my contributions were helpful to them in making the right choice.

I will not make any comment here in regards to our customers. Anything that'll put my organisation in bad light will not be linked to me. I pride myself as an exceptional staff.

Lastly, I will not dignify a faceless individual with any more response.

smiley
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Henrique99: 10:26am On Jul 11, 2022
richmondefosa:


I have tried as much as I can to be civil with you on this platform. I still think I am civil. I haven't stepped out of line.

I told you how much GT's earn. Yet, you're still asking. Prodding for answers that have already been given.

You've gone a step further to show you evidence of my payslip. You must be living in delusion if you think I'd do that. I don't even owe you any explanation sef. My contribution on this thread is for posterity. I want people to look back in time and see that my contributions were helpful to them in making the right choice.

I will not make any comment here in regards to our customers. Anything that'll put my organisation in bad light will not be linked to me. I pride myself as an exceptional staff.Good morning sir.Happy holiday.Please when is the next season Stanbic recruitment for graduate trainee coming?? please help

Lastly, I will not dignify a faceless individual with any more response.

smiley
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Basilekeh: 11:36am On Jul 11, 2022
ejimatic:
Does what yiu have said here justify 350 000 you earlier said a new staff woukd get in BANK which I disagree with? Stanbic according to you : Contact. 80k HND BSC. Around 100k Those with experience 160k ... Where is 350 k yiu earlier said is given to a new staff? I insist no bank in Nigeria pays 350 k to a beginner in the sector


Actually you're right it's kind of hard to fathom that a bank will pay an entry level 350K......for the case of stanbic...their entry level starts from the Grade of ABO....if you pair them with the ABO pay grade of other banks it's kind of below what other banks pays that Grade.


Other Banks grade starts from ET/GT and after that you move to EA and after EA you move to ABO whereas, that of Stanbic starts from ABO that is why the satrting salary is 350k wheres other banks own is 200+ or 180+.

4 Likes 1 Share

Re: Your Thoughts On Nigerian Banks Salaries 2021 by ejimatic: 11:48am On Jul 11, 2022
Basilekeh:



Actually you're right it's kind of hard to fathom that a bank will pay an entry level 350K......for the case of stanbic...their entry level starts from the Grade of ABO....if you pair them with the ABO pay grade of other banks it's kind of below what other banks pays that Grade.


Other Banks grade starts from ET/GT and after that you move to EA and after EA you move to ABO whereas, that of Stanbic starts from ABO that is why the satrting salary is 350k wheres other banks own is 200+ or 180+.
Thank you sir for yiur painstaking clarification and explanation. I appreciate greatly.The difference acconfing to you is the entry point. Once again, thank you for your contribution!

2 Likes

Re: Your Thoughts On Nigerian Banks Salaries 2021 by kaylardz(m): 7:36pm On Jul 11, 2022
richmondefosa:
One of my greatest fulfillment in life is making contributions to this thread.

I have lost count of the number of people that have joined the organisation after seeing my post.

I wish y'all a successful career.

Someday, we will all see .

I'm already 29, can I still work in the Bank?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by timtowy: 3:44pm On Jul 14, 2022
richmondefosa:
One of my greatest fulfillment in life is making contributions to this thread.

I have lost count of the number of people that have joined the organisation after seeing my post.

I wish y'all a successful career.

Someday, we will all see .

Hi good day. Thanks for all the info you have shared so far. Please how good is Stanbic Appraisal bonus for ABO's who scored like an A Grade?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 5:26pm On Jul 14, 2022
timtowy:


Hi good day. Thanks for all the info you have shared so far. Please how good is Stanbic Appraisal bonus for ABO's who scored like an A Grade?

Hi Timtowy,

Your appraisal bonus depends on a lot of factors.

Your individual performance, your team performance, your unit performance, the bank performance in the financial year, etc.
Appraisal bonus of some of my colleagues in back office range was from 500k. some got 800 (their unit is not in the bank. they were in pension).

some people i know in branches got 400k
Re: Your Thoughts On Nigerian Banks Salaries 2021 by daiseofficials(f): 6:34am On Jul 15, 2022
@richmondefosa
good day pleaseeeeee is the recruitment going on now or anytime soon. I’ve been checking but I can’t find any new graduate trainee recruitment. Thank you
Re: Your Thoughts On Nigerian Banks Salaries 2021 by timtowy: 1:22pm On Jul 15, 2022
richmondefosa:


Hi Timtowy,

Your appraisal bonus depends on a lot of factors.

Your individual performance, your team performance, your unit performance, the bank performance in the financial year, etc.
Appraisal bonus of some of my colleagues in back office range was from 500k. some got 800 (their unit is not in the bank. they were in pension).

some people i know in branches got 400k

Thanks bro. Do you think some people in Head office might have gotten more? Like up to a million for ABO's with good appraisal score?
Re: Your Thoughts On Nigerian Banks Salaries 2021 by chuksp09(m): 8:35pm On Jul 15, 2022
richmondefosa:

Hi Timtowy,
Your appraisal bonus depends on a lot of factors.
Your individual performance, your team performance, your unit performance, the bank performance in the financial year, etc.
Appraisal bonus of some of my colleagues in back office range was from 500k. some got 800 (their unit is not in the bank. they were in pension).
some people i know in branches got 400k

"Hello Richmondefosa, I really appreciate your contribution to this thread as it is rare these days when job seekers are seeking information into organisations they want to join. I have a question which is not stanbic related and I thought you might have an answer since you're in the sector. Please do you have an idea of how much NIBSS pays Graduate trainees? I need the info to know if I should continue my recruitment process with them. Thank you for your swift response as always."

Hi Richmond, I am also hoping you have an idea about the question asked by @Irowan, it would really help in my decision making.
Cheers.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 1:50pm On Jul 17, 2022
kaylardz:


I'm already 29, can I still work in the Bank?

Yes you can!

Impossibility is only but a word.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 1:52pm On Jul 17, 2022
daiseofficials:
@richmondefosa
good day pleaseeeeee is the recruitment going on now or anytime soon. I’ve been checking but I can’t find any new graduate trainee recruitment. Thank you

Hi,

They're currently not recruiting. I'll certainly keep my ears on ground for any openings and I won't hesitate shout it out on this thread.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 1:55pm On Jul 17, 2022
timtowy:


Thanks bro. Do you think some people in Head office might have gotten more? Like up to a million for ABO's with good appraisal score?

I honestly do not think so.

When I joined the Bank, I worked at the head office and I didn't know many people and their grade or what they earned. I was still a newbie who wanted to just do his job and make impact.

Over 3 years and counting, I work in the branch now and can only speak for the people I know.

But in all honesty, I don't think any ABO in the head office can get up to a million. Haba grin
Re: Your Thoughts On Nigerian Banks Salaries 2021 by richmondefosa(m): 1:57pm On Jul 17, 2022
chuksp09:


"Hello Richmondefosa, I really appreciate your contribution to this thread as it is rare these days when job seekers are seeking information into organisations they want to join. I have a question which is not stanbic related and I thought you might have an answer since you're in the sector. Please do you have an idea of how much NIBSS pays Graduate trainees? I need the info to know if I should continue my recruitment process with them. Thank you for your swift response as always."

Hi Richmond, I am also hoping you have an idea about the question asked by @Irowan, it would really help in my decision making.
Cheers.

Hi there!

Let me first sincerely apologize for missing out on this earlier.

I have no idea how much NIBSS pay. I don't even have any contact there.
Re: Your Thoughts On Nigerian Banks Salaries 2021 by Rich4god(m): 2:46pm On Jul 17, 2022
Rich4god:


My last question...

You know how all these Nigerian banks used to do. Sometimes, we will be hearing of banks like Access, UBA, Fidelity and co doing massive lay off. Does stanbic do such.?

@richmondefosa

Plz help me with this...
Re: Your Thoughts On Nigerian Banks Salaries 2021 by HELLASJ(m): 11:09pm On Jul 17, 2022
Thank you for your kind service to humanity through this thread.

Sir my question is this, does having a certification in finance related field (E.g CFA,BIDA,FMVA, ICAN, CBCA etc) have an advantage when joining the bank as a graduate trainee?

Thank you!
Re: Your Thoughts On Nigerian Banks Salaries 2021 by KingClown(m): 11:23pm On Jul 17, 2022
richmondefosa:


Hi,

They're currently not recruiting. I'll certainly keep my ears on ground for any openings and I won't hesitate shout it out on this thread.

My sister just completed her medicals for the role of ATM custodian, she's yet to receive an offer though.
She possibly might get other offers and she's confused.

What should she expect ?

Will she be posted to a branch or ?

What's the salary like ?

Is it a position she can grow ?

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