Zenith Bank Salary Structure: How Much Zenith Bank Pays Their Staff (2021)

Salary drives the attitude of a person to an optimal commitment to his occupation. The better a person is paid, the more he or she takes risks to ensure that the job is done properly and effectively. This Article will look into the salary structure of Zenith bank.

History of Zenith Bank

Zenith Bank Plc was established in May 1990, and commenced operations in July of the same year as a commercial bank. The Bank became a public limited company on June 17, 2004 and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004 following a highly successful Initial Public Offering (IPO). Zenith Bank Plc currently has a shareholder base of about one million and is Nigeria’s biggest bank by tier-1 capital.

Zenith Bank also has subsidiaries in: Ghana, Sierra Leone and Gambia. The bank also has representative office in The People’s Republic of China. The Bank plans to take the Zenith brand to other African countries as well as the European and Asian markets.

Zenith Bank has since grown astronomically to become one of the leading financial institutions in Africa. Zenith Bank Plc currently ranks as the 6th biggest bank in the continent. The Bank grew its shareholder’s fund of ₦20million in 1990 to ₦704.50billion as at year end 2016. Today, the Bank continues to thrive on the strong values, brand equity, corporate culture of professionalism and service excellence which are the foundations upon which the bank was built.

Zenith Bank Nigeria Salary Structure (2021)

This article exposes how much Zenith Bank pay their workers in case you are interested in applying for a job there.

Contract Staff Salary

Contract staff at Zenith Bank Nigeria receives a salary of ₦90,000 to ₦100,000 monthly. This however does not mean you are a full staff of the bank as your contract is temporal and can be terminated anytime the management deems fit.

Intern Salary

Zenith bank pay their Interns, including NYSC corpers, a minimum of ₦35,000 monthly. IT placement in Zenith bank is usually opened every year for interested applicants to apply for.

Graduate Trainee Salary

Graduate trainees in Zenith bank are paid a minimum of ₦42,000 monthly as salary. They are smart, fresh graduates, who have completed NYSC programme. They fall under different departments in the bank and are subsequently trained to take up significant roles in the bank.

Entry Level Salary

In Zenith bank, entry level staffs are paid a minimum of ₦110,000 monthly. They are eligible to enjoy certain bonuses and benefits, such as allowances. This position come with a certain level of permanence unlike that of interns and graduate trainees.

Customer Service Officers Salary

Zenith Bank pay their customer service officers a minimum of ₦100,000 per month.

Marketers Salary

Marketers in Zenith bank enjoy the minimum of ₦150,000 as salary monthly. Their job comes with a certain level of creativity and target.

Executive Assistants Salary

The job position of executive assistants attracts a salary range of ₦150,000 to ₦180,000 monthly in Zenith bank.

Banking Officers Salary

Banking officers receive a minimum of ₦400,000 Naira monthly at Zenith bank. They are among the top earners at the management.

Loan Officers Salary

Zenith bank pay their loan officers an attractive sum of ₦500,000 (minimum) monthly.

Credit Analysts Salary

Credit analysts in Zenith Bank are paid over ₦575,000 as monthly salary for their jobs at the bank.

Relationship Manager Salary

The job position for relationship manager is known to receive between ₦550,000 and ₦600,000 in Zenith Bank every month.

Branch Manager Salary

A branch manager in Zenith bank is paid a minimum of ₦900,000 per month as salary with other bonuses. He is also among the top chain of high earners among the management.

Conclusion

Zenith Bank is one of the most sought after banks for graduates seeking employment in the banking industry in Nigeria. Apart from its versatility in employment, this bank boasts of a great and conducive working environment for its employees.

Fisayo James
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