This is a very interesting article, why? because we are finally going to answer questions like; How much does Diamond Bank pay their staff? What is Diamond Bank salary structure like as at 2021? How much does Diamond Bank pay entry level fresh graduates? What is Diamond Bank Salary scale like? these and many other related questions as regards Diamond bank salary structure will be discussed here today.
According to Asian Bankers, Diamond bank ranks among one of the top 10 biggest banks in Nigeria with current net asset of ₦1.7 trillion (US$7.3 billion).
We received a lot of commendations when we wrote an article on the list of top 10 highest paying banks in Nigeria and their salary structures of which Diamond bank is one of them, this shows the bank is a major player in the banking industry not just in terms or affairs but welfare of staff ranging from Entry Level to top management level.
Diamond Bank of Nigeria has over the years maintained a high salary structure for staff, both junior and senior banking officers (SBOs), thanks to their Human resource management team.
Diamond Bank salary structure for entry level is in six (6) figures, Senior banking officers receive as much as 500,000 Naira and above excluding bonuses and other profit sharing that are accrued to staff, the table below explains in details, Diamond Bank salary structure for all staff and how much they pay.
This article will be more vital for not just fresh graduates seeking employment into Diamond Bank but also, experienced workers from other banks who have one reason or the other to make a switch to Diamond bank since this post harps succinctly on Diamond Bank Salary structures for fresh entry level graduates and experienced positions.
Without carrying out proper research as to what Diamond bank pay their staff, when you are called up for interviews at Diamond Bank and asked ‘What is your salary expectation from Diamond bank?’ at this stage, you are left totally confused as regards the exact amount to mention. In as much as you do not want to scare your interviewer away with a high salary expectation knowing you practically do not have the required experience for the job especially for positions that require more than the number of years of experience you have gathered so far, you also will not want to feel cheated and under paid so you are left in dilemma as to what exact figure to call.
This article will help you cross that bridge effectively without hassles. During an interview session, giving the right answers to questions asked overrides the so called required experience needed for the job because you already are being quizzed for the position in which you applied for.
From statistics, 70% of job seeker tend to price themselves lower than their actual worth in order to stand a better chance of being called for the job and in the long run, this will have a retrogressive effect on their jobs and overall performance of the staff because job dissatisfaction sets in based on the salary scale being placed on and the popular complaints “why should i kill myself on a job that pays so little“.
The above become history when the job applicant is properly armed with the right information as regards how much Diamond Bank pay their entry level staff and even the SBOs (Senior Banking Officers).
Diamond bank salary structure as discussed earlier so far ranks among one of the best so if you are thinking of applying for a job there, you are good to go. In as much as they pay well, you will agree with me that the responsibilities attached to working in the bank plus employee rate turn over is high, therefore you must be up and doing if you must retain your job.
We have heard cases of inhumane treatment of bank staff by the management, in as much as Diamond bank isn’t left out as this is a common practice among banks in Nigeria, they still are one of the recent active players in employment market and they must be given due recognition for this.
In summary, Diamond bank salary structure for fresh entry level graduate is quite encouraging though could still be improved upon but bear it in mind the responsibilities attached to this job is quite demanding therefore, get your mind prepared.
Now to the bone of contention;
How Much Does Diamond Bank Pay Their Graduate Trainee?
Upon gaining employment as a graduate in Diamond bank, like other banks like Access, Stanbic IBTC. Zenith bank, First bank and other new generation banks, you will be required to attend a compulsory 4 months Diamond bank training school.
The training incorporates both theoretical and real life experiences which gets the newly employed prepared for the task ahead and adjust with the internal workings of the bank.
Towards the end of the 4 months compulsory training, all trainees will be sent on a two weeks compulsory attachment with various Diamond bank branches within the city and upon completion of the training, successful trainees are selected while the unsuccessful are sent packing.
During this period, Diamond bank pay their Graduate Trainees N40,000 monthly for the period of 4 months, this is to cater for their transport majorly as they are fed by the bank during the training session
How Much Does Diamond bank Pay Their Entry Level Staff?
Now we are here, the crux of the article where we are about to expose what Diamond bank salary structure for Entry level full staff is all about. Those who have friends or relatives woking with Diamond Bank would find this very interesting to know, don’t worry, keep calm as we are about to wet your appetite.
Diamond Bank Monthly Salary Structure
So as discussed above, Diamond bank as at today has one of the best salary structure for fresh graduates (Entry Level Staff).
Diamond bank pay 140,000 Naira for Entry Level staff and this is excluding other bonuses and profit sharing usually carried out towards their financial year end (not December 31st) most companies have their financial year end, it does not necessarily have to be December or end of the year.
Diamond bank Salary Structure For Entry Level Staff
|Management Level||Diamond bank Monthly Salary||Diamond bank annual Salary Scale|
|Entry Level Staff||N237,000||N2,844,000|
Diamond bank Salary Structure For Senior Banking Officers
|Management Level||Diamond bank Monthly Salary Scale||Diamond bank Annual Salary Scale|
|Senior Banking Officers (Managers and above)||N700,000 to 1million||N8.4Million to 10million|
The salary scale above is still active and running the above still in force, we hope this was informative enough and should you be in a position where you are quizzed how much Diamond bank pay their entry level staff or senior banking officers, your contribution would hold waters based on the above information so far.
Kindly note that your opinion as regards the above matters to us, also, any information at your disposal related to Diamond bank salary structure would be much appreciated from other readers and individuals seeking information related to the salary range for the above positions.