If you have any plans of working with Stanbic IBTC Bank in any capacity then it is necessary that you know their salary structure. So in this article, we will be telling you about Stanbic IBTC salary structure.
If you desire to work in any bank at all, one of the things you should know is how much you stand to earn.
In fact, they may even ask the question during your interview. So it is only right that you know the best answer to give. Just keep reading this article to know everything you would want to know — especially about Stanbic IBTC.
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Stanbic IBTC Bank PLC
Stanbic IBTC Holdings, commonly referred to as Stanbic IBTC, is a financial service holding company in Nigeria.
The bank came to being as the result of a merger between Stanbic Bank Nigeria Limited and Investment Banking & Trust Company Plc (IBTC) Chartered Bank Plc.
It was founded in 1989 and its headquarters is at Lagos State, Nigeria.
How much does Stanbic IBTC Bank pay their workers?
It is quite a norm that most people who go for job interviews tend to demand a pay lower than what they are supposed to earn — they may be thinking that that would place them at an advantaged position to get the job.
But no. It doesn’t work that way. One should be informed about the right pay they are meant to be getting for any given job.
That being said, we will be going straight to the salary structure of staff of Stanbic IBTC Bank, Nigeria. For clarity purpose, we will be showcasing this payment scheme according to their positions/level.
Stanbic IBTC monthly Salary for Contract Staff
Being a contract staff means you are not a full staff of the bank as your contract is temporal. Therefore the bank can terminate the contract anytime its management decides to.
This set of workers may also include interns. Contract staff at Stanbic IBTC Bank Nigeria receives a salary of ₦30,000 per month.
Monthly salary of Graduate Trainee at Stanbic IBTC Bank
These set of workers are fresh graduates who have completed the NYSC programme.
The bank trains these trainees to take up different positions in different departments in the bank.
The bank pays their graduate trainees around of ₦30,000 – ₦55,000 monthly as their salary.
How Much Is Entry-Level Salary At Stanbic IBTC Bank
Unlike the contract staffs and interns, one can refer to these set of workers as permanent workers so they are entitled to some bonuses and benefits.
The functions of entry-level staffs at Stanbic IBTC Bank varies depending on the departments, and as such, their salary varies.
In any case, entry-level workers at Stanbic IBTC Bank earns a monthly salary within the range of ₦60,000 – ₦70,000.
In addition to the monthly salary, they are entitled to an annual bonus, excluding this basic salary.
Monthly salary of Stanbic IBTC Bank Customer care Service Officers
This staff Serves customers by providing service information and resolving problems.
Furthermore, they attract potential customers by answering questions and suggesting information about other services.
Stanbic IBTC pays their customer service officers within the range of ₦55,000 – ₦75,000 per month.
Stanbic IBTC Marketing Officer monthly salary
The marketer’s work is to promote and market the bank.
A Marketing Officer receives a salary within the range of ₦66,000 – ₦70,000 monthly
Bank Tellers Staff’s Salary at Stanbic IBTC Bank
Bank Tellers earn within the range of ₦40,000 – ₦65,000 monthly.
Stanbic IBTC Bank salary structure for basic level staff
The basic level workers may include Cash Management Officer, Loan Executive, Cheque Processing Officer, Assistant BDE (Business Development Executive), Consumer Loan Executive and the Compliance Officer, Etc.
These workers earn within the range of ₦95,000 – ₦120,000 monthly.
Salary For Senior Banking Executives at Stanbic IBTC Bank
These senior banking executives are the high ranking officers in the bank and their pay is high.
Stanbic IBTC senior executives earn north of ₦350,000 on monthly basis; in addition to other mouth-watering allowances.
Conclusion
Note that the location of the branch ‘may’ affect the salary structure of its staff.
Hope this article has done justice to your curiosity about the salary structure of Stanbic IBTC Bank staff.