Tuesday, 1 May 2018

Zenith Bank Entry Level Salary Scale Structure 2018 


In this post we are quickly going to reveal how much Zenith Bank pay their new entry level graduate workers.

Zenith Bank is rated as one of the top banks in Nigeria and Africa.

The multinational bank was founded in 1990,ever since then it has risen to become one of the best licensed Nigerian financial services provider. 
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The bank also has a presence in UK,Ghana,Sierra Leone,South Africa,UK,it's subsidiaries include Zenith Insurance, Zenith Securities, Zenith Bank Ghana, Zenith Bank UK, Zenith Trust Company, CyberSpace Networks and Zenith Pension Custodian. 

As one of the largest banks in Nigeria,do you think that it will reflected on the bank's salary structure? let's find out. 

Zenith Bank Salary Scale Structure For Entry Level Workers

Q: Zenith Salary Scale Structure For Entry Level  Employees?

Most often companies do not reveal the salary scale structure/ remuneration of their new graduate employees,this has lead to estimation of what the company pay it's new workers.

New entry level employees earn lower than other experienced old workers,however the amount of money earned by the new employees is expected to increase with promotion and years of work experience. 

The estimated current salary earned by Zenith Bank's  new entry graduate workers after months of training is between 
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₦110,000 -  ₦120,000 per month after Tax (excluding allowances)*. 

Other Zenith Bank Salaries Include: 
  • (a) Trainee Salary : ₦ 40,000 - ₦ 50,000 Per Month.
  • (a) Loan Officers :  ₦ 400,000 - ₦ 550,000 Per Month.
  • (c) Credit Analysts: ₦ 450,000 - ₦ 600,000 Per Month
  • (d) Branch Bank Manager: ₦ 650,000 - ₦ 700,000 Per Month.

Note
The current minimum wage in Nigeria,applicable from 2011 is ₦18,000 per month,exclusive of all deductions.

The information on this page is subject to change,figures stated here are only estimates and not 100% accurate.

Low paying companies sometimes bolster their pay with allowances.

Most multinational companies pay according to global standards and are among the highest paying companies in Nigeria. 

The salary paid to interns and trainees are less than the amount paid to entry level workers. 

Figures stated here represent net total amount with tax deduction. 




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