Fidelity Bank Salary Structure: How Much Fidelity Bank Pays Staff (2021)

Knowing the salary structure of a company is paramount so as not to devalue one’s self during an interview session. Here is an article on how Fidelity bank staff are being paid.

About Fidelity Bank

Fidelity Bank came to the banking field in 1988 as one of the commercial banks in Nigeria. With headquater in Lagos, the bank was incepted in that same year, from then they have been effective and serving in the country’s banking industry. As a full-fledged commercial bank in Nigeria, they have acquired over 5 million customers in the country from the few decades they have been in the business. Presently, the bank is serviced across over 250 business offices and various other digital banking channels, all spanning across the various states in the country.

Fidelity bank, due to its excellence services have been ranked amongst the top 10 Banks in the Nigerian banking industry. Much of this accomplishment is credited to their presence in major cities and commercial centres in Nigeria. The bank is well connected within and outside the country, as they have correspondent banking relationships with a network of local and international financial institutions which includes:

  • Standard Chartered Bank
  • Citibank
  • United States Agency for International Development
  • ANZ London
  • Afrexim Bank
  • ABSA
  • Standard Bank
  • United States EX-IM Bank

All of these have positively contributed to the good running of the bank.

Fidelity Bank products in the banking sphere includes:

  • Loans
  • Credit Cards
  • Savings
  • Investments
  •  Mortgages

As at now, Fidelity Bank has more than 240 business offices and about 774 ATMs in Nigeria. From this wide connectivity, the bank maintains a large network of interconnected branches in all major cities in the Nigerian states.

Fidelity Bank has proved their quality as a banking outfit, as they recently won awards as the Best SME Friendly Bank, Best in Mobile Banking and the Most Improved Corporate/­ Investment Bank. These are only few among several banking awards and recognitions the company have earned from their stay in the Nigerian banking industry.

Fidelity Bank Nigeria Salary Structure: How Much Fidelity Bank Pay Staff (2021)

Fidelity Bank Salary Structure

If you desire to work in fidelity bank, one question you will always ask yourself is how much does fidelity bank staff earn? Below is the salary structure of Fidelity bank staff.

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 the management decides to. Contract staff at Fidelity Bank Nigeria receives a salary of ₦90,000 – ₦100,000 per month.

Interns

IT placement in Fidelity bank is usually opened every year for applicants who are interested to apply. These interns include NYSC corps members. Fidelity Bank pays its Interns within the range of ₦10,000 – ₦15,000 monthly.

Graduate Trainee

These set of workers are fresh graduates who have completed the NYSC programme. The bank train these trainees to take up different positions in different departments in the bank. The bank pays their graduate trainees around ₦60,000 monthly as their salary.

Entry-Level Salary

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 Fidelity Bank varies depending on the departments, and as such, their salary varies.

In any case, entry-level workers at Fidelity Bank earns a monthly salary of ₦140,000. In addition to the monthly salary, they are entitled to an annual bonus, excluding this basic salary. Many other incentives which include: vehicle bonuses, free healthcare, performance bonuses, and lots more may follow for these set of workers at Fidelity 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. Fidelity Bank pay their customer service officers a minimum of ₦86,000 – ₦93,000 per month.

Bank Executive Trainees (ET)

The bank pays their executive trainees ₦166,000 – ₦170,000 monthly.

Credit Analysts

This position comes with a lot of responsibilities. Fidelity Bank pays their Credit Analyst withing the range of ₦238,000 – ₦250,000 as their monthly salary.

Executive Assistants

In Fidelity bank, the monthly salary of the executive assistant is within the range of ₦150,000 – ₦180,000.

Sales Associate Salary

Sales associate receives a sum of ₦164,000 – ₦177,000 monthly at Fidelity bank.

Assistant Branch Manager

The salary structure for an assistant branch manager at Fidelity Bank is ₦672,000 – ₦728,000.

Branch Manager

The position of the branch manager is the highest in the branch.

Fidelity Bank branch managers earn within the range of ₦800,000 and above on monthly basis in addition to other mouth-watering allowances.

Conclusion

Among other Banks in Nigeria, Fidelity bank has grown to acquire a good reputation for itself by providing good Customer support and treating their staff well. For those who aspire to work in the bank, we do hope this article is detailed enough to provide useful information on fidelity bank salary structure.

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