Providus Bank Salary Structure (2022)

Providus Bank Salary Structure

Under this post, we have listed out Providus Bank Salary Structure. This would go a long way in enlightening our readers, especially those who have an interest in working at Providus Bank or any other commercial bank of their choice.

This will help you know how much the workers at Providus Bank are paid as salaries each month.

Providus Bank Limited: Overview Of The Company

Providus Bank is a commercial financial institution that offers business solutions, advanced products, and customized solutions to businesses and corporate firms.

They help individuals steer into developing their brands, commercial institutes, and banks in Nigeria.

Some of the services offered by this commercial bank include Portfolio Management, Business Advisory, Personalised Relationship Management, Self-service solutions, and Fast-tracked service delivery.

The competitive advantage of Providus Bank in Institutional, Private, Personal, and Business banking is jeered by their philosophy in the creation of value and support for institutes, Agencies, HNIs, and SMEs.

Providus Bank focuses on developing expertise in its business strategies and working as a unit to improve the emerging non-oil sectors of the Nigerian Economy. Such sectors include Agriculture, E-commerce, Mining, Hospitality, Art, Entertainment, and Management.

The Providus Bank is not only a Commercial Bank, but a place where you can get fast, smart, and personalized banking experiences. They are greatly inspired by their Future Banking Ethos, which is to make life at work leisure; by making use of cutting-edge technology to deliver world-class customer satisfaction.

Providus Bank is registered as a regional commercial bank under the Corporate Affairs Commission and licensed as a commercial bank under the Central Bank of Nigeria, which is the apex bank in the country and the national banking regulator.

The headquarters of Providus Bank is located at 724 Adetokunbo Ademola Street, Victoria Island, Lagos. Their customer service extends from Lagos to Abuja.

It is believed that the Providus Bank would cut across all Geo-political zones with their riding talents in the country. This would also help to facilitate their competition with other commercial banks in Nigeria. Their recent services to customers in Lagos State and the country’s capital, Abuja is in good stead and they are well to develop over time.

With the above already stated about Providus Bank, the following sections contain details on the Providus Bank Salary Structure.

Providus Bank Salary Structure in Nigeria (2022)

How much does Providus Bank pay their workers and Bankers? You may care to ask. The following are highlights on the Providus Bank Salary Structure or what Providus Bank pays Staff. The list was compiled based on the hierarchy of workers at the Providus Bank and how their salaries are graded.

Cleaners and Security Personnel: Providus Bank Salary Structure

The current salary of cleaners at the Providus Bank ranges between ₦30,000 – ₦40,000 each month. This gives an average salary of ₦360,000 – ₦480,000 per annum.

Security personnel at Providus Bank are paid between ₦40,000 – ₦45,000 monthly; ₦480,000 – ₦540,000 per annum.

Front Desk Officer: Providus Bank Salary Structure

Front Desk Officer at Providus Bank Limited are paid between ₦65,000 – ₦70,000 monthly; amounting to ₦780,000 – ₦840,000 yearly.

Contract Staff salary at Providus Bank

The salary structure of contract Staff at Providus Bank limited ranges between ₦60,000 – ₦80,000 monthly; with a yearly salary estimate of ₦720,000 – ₦960,000. However, the salary of contract Staff at Providus Bank largely depends on the recruiting company and the terms of the agreement.

The contract Staff may be permanently staffed for years; this makes the salary aggregate more than the already estimated sum.

Accountants: Providus Bank Salary Structure

The salary structure of Accountants at Providus Bank monthly is about ₦75,000 – ₦100,000 with a yearly income between ₦900,000 – ₦1.2million

Salary of a Graduate Trainee at Providus Bank

Graduate trainees are fresh graduates who are just recently employed to work at the Providus bank. They are trained for four years to get them up to speed with operations in financial institutions. The salary scale of graduate trainees employed at the Providus bank is about ₦74,000 for that period of four months. After the training, they may be formally employed to work at the Bank, during which their salary increases.

Management Trainee salary at Providus Bank

Management Trainees are experienced bankers in Nigerian Commercial Banks. They are bankers who are employed into Providus bank from other Banks but are undergoing training to get acquainted with the codes of conduct and mode of operations at Providus Bank Limited. During their training periods, management Trainees at Providus bank earn a monthly income of ₦84,000 which is still upgraded after their training duration.

Entry-level: Providus Bank Salary Structure

Entry-level staff at Providus Bank Limited are Staff members who were recruited as fresh Graduates, have completed their graduate trainee program, and were employed to work at Providus bank permanently.

The average salary of an entry-level worker at Providus Bank Limited is ₦130,000 monthly and ₦1.56 million yearly. Added allowances are made to this monthly salary making the amount increase significantly.

When Entry-level workers are promoted at Providus Bank, their salaries and added allowances are also increased.

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