Guaranty Trust Bank (GTBank) is a global financial institution, saddled with the responsibilities of providing broad range of banking services to individuals, businesses, private and public institutions in Nigeria, Africa and United Kingdom.
The bank has its headquarters in Lagos, Nigeria and subsidiaries in over ten African countries. It also has a customer base of about 10 million and over 5,000 employees on its pay roll.
The bank currently maintains a pace and responding to the dynamic needs of its customers, investors, employees, host communities and other stakeholders in line with the contemporary global financial services.
GTBank is also known for its revolutionary efforts by providing customers quick access to loan with their first of its kind digital lending product, quick credit which gives the individuals and small businesses instant, real-time access to loans anytime, anywhere.
In this article, we shall take a look at the bank salary structure for its staff, ranging from Bank interns, entry level, graduate trainees to the senior management positions, their employment opportunities and of course factors that determine the Bank Salary Structures for their numerous staff payrolls in Nigeria.
Generally speaking, a banker is a person who provides financial banking services in a bank.
Basically, there are two types of bank staff namely – a Contract Staff banker and Core Staff banker who is permanent or a regular banker.
- Contract staff:These are staff who are not permanent with the bank. They can only be permanent or absorbed fully into a particular bank after they have fulfilled certain terms of Contract.
- Core staff:On the other hand, core staff are those that are employed by the bank. They are permanent and earn even higher than the contract staff. Their contract with the bank can only be cut short where cases of fraud or financial mismanagement have been discovered.
Below are GTBank’s Salary Structure for its Staff 2023.
GTBank pays interns a monthly salary of N40,000 which amounts to about N480,000.
Graduate Trainees: are trained to handle other sensitive positions as they grow higher and they earn N200,000 a month which amounts to a yearly package of N2.4 million.
Entry Level Staff: receive about N209,000 monthly and a yearly sum of N2.5 million with other benefits attached.
Assistant Banking Officers: occupy higher positions with multiple functions in the bank. They earn about N250,000 totally a yearly sum of N3 million.
Banking Officers: are saddled with weight of responsibilities. They earn about N350,000 per month, totalling N4.2 million yearly.
Senior Banking Officers: earn about N500,000 monthly which amounts to N6 million yearly, excluding a watering bonuses and allowances attached.
Assistant Managers: have higher responsibilities than senior banking officers in GTBank. They earn as much as N650,000 monthly and a yearly sum of N7.8 million.
Deputy Managers: These categories of staff in GTBank have weight of responsibilities in the bank with a monthly take home of N800,000 and yearly earnings of N9.6 million.
Branch Managers in GTBank are the highest management employees or staff charged with the responsibilities of running the day to day particular branch of the bank. They earn N1.3 million which amounts to about N15.6 million yearly.
In summary, GTBank also made the list of top 10 best, efficient, reliable and giant banks in the global financial services where its staff are handsomely paid and jobs secured. No doubt, job seekers in the categories of graduate trainees and those who have the intention to move from other sisters bank in Nigeria to GTBank will find the information provided here very useful and rewarding.