Do you know how much First Bank is paying their staff? The Average Salary for an employee in first Bank of Nigeria depends on many factors which may include the qualifications, job title, location and skills. The details on First Bank Salary Structure for entry level, graduate trainee, interns, contract staff, etc are provided here.
First Bank is of Nigeria is one of the largest commercial banks in Nigeria with a very good salary structure for employees over the years. The salary scale in first Bank is in such a way that it motivate workers to put in their best while carrying their task.
The Average Salary of First Bank employees is between NGN250,000 to NGN400,000. There are other benefits such as health insurance, performance Bonuses, Retirement Plans, Training and Development and Leave Benefits.
How much does First Bank Employees earn?
- Entry-Level Positions: ₦130,000 to ₦150,000 per month
- Graduate Trainee: ₦30,000 to ₦45,000
- Senior Management and Specialist: salaries ranging from ₦400,000 to ₦700,000 Per month
- Executive Positions: from ₦10,000,000 to ₦15,000,000 Per year
Salary Breakdown:
- Sales executive ₦ 90,000 to ₦110,000 Per Month
- Customer service officer ₦ 90,000 to ₦115,000 Per Month
- Administrative officer ₦ 90,000 to ₦125,000 Per Month
- Accounts officer ₦ 92,500 to ₦130,000 Per Month
- Customer service representative ₦90,000 t0 130,000 Per Month
- Executive assistant ₦100,000 to 150,000 Per Month
- Security guard ₦35,000 t0 ₦50,000 Per Month
- Assistant manager ₦ 150,000 to ₦300,000 Per Month
CAREER OPPORTUNITIES:
Salary Structure for Entry Level staff
All the new staff in first bank are going home with something good at the end of the month including other allowances. Fresh employees at first bank earns an average of NGN 90 Per Month. The amount received depends also on the qualification, skills and job type, therefore newly employed staff can also earn up to NGN 120 and above.
How much does first Bank Pay Graduate Trainee?
The Salary scale for Graduate trainee is very attractive in first bank. The average First Bank of Nigeria graduate trainee salary is about NGN50,550 per month, which will amount to NGN202,200 at the end of the 4-month training program. The trainees are subjected to series of training during this period to prepare them for the banking career awaiting them in future.
The Trainees are given the necessary knowledge and skills regarding the banking system before being employed at the entry level, in most cases they are expected to be very proficient in those services before working as entry-level staff.
Average Salary for Intern: Students on Internship can earn between NGN 10,000 to NGN 20,000 monthly
How much is First Bank Contract Staff Salary?
Contract staff in First Bank are also paid well, their monthly salaries ranging from NGN75,000 to NGN115,000 per month, which will amount to a totals of NGN900,000 to NGN1.38 million.
The payment scale for contract staff depends also on their academic qualifications and the department they are employed to work. Contract staff in first bank of Nigeria may also be placed on performance targets that could affect their monthly salaries.
First Bank Benefits and Perks
The following are some benefits and perks for all First bank of Nigeria Staff:
- Health Insurance
- Performance Bonuses
- Retirement Plans
- Training and Development
- Leave Benefits
The Average salary of Staff on first bank are very encouraging. Employees can earn more by improving the productivity and growth of the bank with your skills and ideas.
