Sterling Bank Nigeria Salary Structure | The Amount They Pay Bankers

Sterling Bank Nigeria Salary Structure | The Amount They Pay Bankers

The Information you will get here Contains what Sterling Bank Nigeria pay their Workers for 2018/2019, depending on the rank, office or level that the Staff has attained as a Banker.

 

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About Sterling Bank Nigeria

Sterling Bank Plc is a full service national commercial bank licensed by the Central Bank of Nigeria. Its shares trade under the Banking sector of the Nigerian Stock Exchange with the symbol STERLNBANK.On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively.

How Much Does a Sterling Bank Staff Earn

As with most other banks, Sterling bank pays according to rank and hierarchy. Within the banking structure, the lowest earners are usually the temporary staff (a.k.a contract staff), which may include the graduate trainees and Interns of all classes: while the highest earners are usually the permanent staffs which include the entry-level staffs, branch managers and all the senior managers down to the Managing Director.

Sterling Bank Graduate trainees are entitled to a monthly pay of between #55,000 naira and #65,000 naira. This will be their salary during and after their compulsory training and probation, which would usually last for anywhere from a few months to one or two years, depending on the candidates performance. Afterwards, the bank evaluates their performances during the training and makes a recommendation to promote those whose performances are excellent and satisfactory – in light of available vacancies and policies, while also discussing viable lines of action for those candidates who fail to meet up to the required standard after the training.

Entry level staffs earn a minimum pay of #145,000 naira monthly. They are permanent staffs.

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