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Salary Survey
2012

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| Salary Survey

Introduction
2012 marks the 1st Annual Jobberman Salary Survey, where more than 10,000 professionals across the public and private sectors have shared the most critical information about their career and workplace, building a remarkably detailed picture of compensation in the workplace landscape in Nigeria. Jobberman‟s Annual Salary Survey was originated from the enormous amount of feedback we received from employers and jobseekers in Nigeria about the lack of transparency and available information on salaries and remuneration trends in the country. This survey was carried out as an inquisition into the world of employees in the Nigerian context in order to give Nigerians an idea of the income level of colleagues in many industries and job functions. Our hundreds of thousands of jobseeking members and employers also wanted to understand the role of additional benefits, allowances, commissions and any other workplace practices in understanding Nigerian remuneration levels as a whole. The survey was carried out by Jobberman.com, Nigeria‟s leading job website. The questions were administered online on the Jobberman website and other digital channels which set an important context for the results: the respondents to this survey have some form of access to the internet. A total of 10,980 people participated in the survey and thus make up the sample space. The respondents cut across different industries, levels of education attained, skill sets and years of experience on the job. We hope you find our Salary Survey helpful, and we would like to thank all who participated, starting a dialogue that we expect to continue for many years.

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| Salary Survey

Executive Summary
How much do workers really make? What sector was the worst paying? To answer these questions, we spoke with over 10,000 professionals from around Nigeria. These together with our statistical analyses, provide a unique perspective on the workforce compensation landscape in Nigeria. Key Findings    The average remuneration level for Nigerians is between 50-100,000 There is gender disparity in most industries There is an unexploited opportunity for employers to retain great talent by broadening the range of ancillary benefits for employees beyond basic and statutory pay

Our survey revealed several other interesting and unexpected findings: The overwhelming majority of respondents have spent less than two years on their jobs. The median number of years spent on the job is between 3 and 5 years. The median income is between N51,000 and N100,000 and about 69% of professionals earn N100,000 per month or less. The male gender appears to be paid higher than the females. About 70% of professionals do not receive any form of allowance, bonus, commissions, or any other form of extra benefit from their employers while 30% receive extra benefits in various forms. Employees in the Oil & Gas industry are the best paid, followed by their counterparts in the banking / financial services industry. The highest proportion of professionals that are least paid, or that earn less than N20,000 per month are those in the Education industry. Master’s degree holders account for the highest proportion of those that earn N1, 000,000 and above, followed by Bachelor‟s degree holders. Only 0.7% of those earning above N1, 000,000 per month are PHD holders. The largest proportions of highly paid professionals are those who have spent above 8 years on their jobs. 57% of those who earn above N1, 000,000 have spent over 8 years on the job. The most commonly employed skill set among respondents is Accounting/Finance, followed by Administrative skills and then IT skills. The least common skill sets include Executive / Top management, Hospitality / Leisure / Travels, Real estate and NGO related skills. In general, most workers’ roles are not related to their course of study. 73% of the professionals in the Legal industry actually studied Law, making the Legal industry the most consistent employer with respect to employees‟ field of study. 37% of respondents who participated are in desperate need to change jobs, 36% could be tempted to move or change jobs if the opportunity arose while only 12% are happily employed. More males than females appear to be “happily employed” and still “could be tempted to move”, while more females than males are dissatisfied with their current jobs. The proportion of females with either a Bachelor’s degree or HND is more than that of males. Seven out of ten professionals that carried out the Survey were males, and yet more females have a Bachelors or an HND qualification.

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| Salary Survey
The greatest proportion of respondents have sciences and engineering as their major while fields like Law, Real estate and property related courses have the least number of professionals. Fields like Law, Sciences and Education have a greater proportion of females.

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How our Research was conducted
This study is the 1st edition of our Salary Survey series. This year‟s research is based on surveys of 10,980 professionals from all over Nigeria. Jobberman conducted 100% of these surveys online. As part of our research, we sought to understand the most critical elements responsible for Salary variations across gender, industries, specialization and educational attainment. Throughout our analysis, we looked for insights that will be useful for employees, companies and even students who have started nursing the idea of a „Career‟.

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Gender
Out of the 10,980 respondents to the survey, there were 74% males and 26% females. Gender (sex) Male Female Total Actual % 74% 26% 100%

Educational Qualification
The highest proportion of respondents are Bachelor‟s degree holders (53% of respondents) while the least group of respondents are PHD holders (which made up 1% of the respondents). About 68% of our respondents have some form of tertiary education (either HND or Bachelor‟s) and on a cumulative basis, 83% have a minimum educational qualification of either a HND or Bachelor‟s degree.

Educational Qualification High School OND/NCE/Diploma HND Bachelor‟s Degree Masters PHD Total

Actual % 6% 11% 15% 53% 14% 1% 100%

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Distribution of respondents by Highest Educational Qualification

60% 50% 40% 30% 20% 10% 0% 6% 11% 15% 14% 1% 53%

The proportion of females with either a Bachelor‟s degree or HND is more than that of males.

The proportion of females with either a Bachelor‟s degree or HND is more than that of males with the same qualification. Educational Qualification Male High School OND/NCE/Diploma HND Bachelor‟s Degree Masters PHD Non response Total 8% 16% 16% 45% 13% 1% 1% 100% % Female 4% 13% 18% 51% 12% 1% 2% 100%

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Education Major
This refers to the respondents‟ primary field as described by his or her major course of study or field of qualification. The greatest proportion of respondents have sciences and engineering as their major while fields like Law, Real estate and property related courses have the least number of respondents.

Distribution of respondents by Education Major

Real Estate & Property related… Law Healthcare Education Arts and related courses Humanities related courses Economics and related courses Others Accounting Engineering Sciences 0%

2% 2% 4% 5% 6% 8% 10% 14% 16% 17% 17% 5% 10% 15% 20%

Fields like Law, Sciences and Education have a greater proportion of females.

Despite the fact that the ratio of male to female participation in the survey (74%: 26%) is skewed in favour of the males, the proportion of females outweighs that of the males in almost all fields except engineering. Fields like Law, Sciences and Education have a greater proportion of females; as shown below.

Distribution of respondents by Education Major and Gender

25%
21%

Male

Female
18%

20%
15% 15%

15% 10%
5% 10% 10% 8% 6% 6% 4% 4% 1% 9% 7% 4% 2% 3% 9%

14%

13% 11%

5% 0%

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Years on the Job
Majority of respondents to this survey have spent less than two years on their jobs. As shown below, 35% have spent between one and two years on the job, 33% between 3 to 5years, 13% between 6 and 8 years and 19% have spent over 8 years on the job.
Distribution of respondents by Number of Years on the Job

40% 30% 20% 10% 0% 1-2 3-5 6-8 Above 8 The median number of years spent on the job is between 3 and 5 years. 35% 33% 13% 19%

Job Search Status
More males than females appear to be happily employed.
The largest proportion of respondents (37%) is in desperate need to change jobs, 36% could be tempted to move or change jobs if the opportunity arose while only 12% are happily employed. Job Search Status Happily employed Actual % 12% 36% 15% 37% 100% More males than females appear to be in the “happily employed” and “could be tempted to move” category, while more females than males are dissatisfied with their current jobs.

More males than females could be tempted to change jobs if they had other offers.

Could be tempted to move with a better offer Looking from time to time Get me outta here! I need a better job Non response

Distribution of respondents by Job Search Status and Gender Female 80% 70% 60% 37% 50% 40% 30% 20% 11% 39% 15% 10% 15% 12% 0% Happily employed Could be tempted to Looking from time to move if there is a better time offer

Male

34%

30%

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Get me outta here! I need a better job.

| Salary Survey

Industry
Respondents to this survey cut across various industries from ICT/Telecomm to financial services, FMCG, Oil and Gas, to Government or public sector.

Distribution of respondents by Industry

Retail / Wholesales Legal NGO Logistics / Transportation FMCG Trade / Services Consulting Healthcare Advertising / Media Construction / Real Estate Manufacturing /… Oil & Gas / Mining Education Others Government Banking / Financial… ICT / Telecommunications 0%

1% 1% 2% 3% 3% 4% 4% 4% 6% 6% 6% 8% 9% 9% 10% 12% 13% 5% 10% 15%

Monthly Income before Tax
29% of respondents earn between N21,000 and N50,000 (which is the largest proportion of respondents), 26% earn between N51,000 and N100,000 while only 1% earn over N1,000,000 per month (as expected). The median income is between N51,000 and N100,000 and about 69% of respondents earn N100,000 per month or less.

Distribution of respondents by Monthly Income

40% 30% 20% 29% 10% 0% Less than N20,000 Between N 21,000 and N50,000 Between N 51,000 and N100,000 Between N101,000 and N200,000 Between N 201,000 and N300,000

e 14%

26% 17% 7% 6% Between N 300,000 and N1,000,000 1% N 1,000,000 and above

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The male gender appears to be paid higher than the females.

80% 60% 40% 66% 20% 0% Below 100,000 Above 100,000 73% 30% 23% Male Female

Other Allowances, Commissions
Of the 10,980 respondents, about 70% do not receive any form of allowance, bonus, commissions, or any other form of extra benefit from their employers while 30% receive extra benefits in various forms.
Bonuses 30%

Other allowances Allowances, Bonus, commissions None

% 30% 70% 100%

None 70%

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Skill Sets Employed on the Job
The most commonly employed skill set is Accounting / Finance, 17%, followed by Administrative skills and IT skills 11%. The least common skill sets include Executive / Top management, Hospitality / Leisure / Travels, Real estate and NGO related skills.
Distribution of respondents by Skill sets Employed
NGO Real Estate related skills Hospitality / Leisure / Travels Executive / Top Management Legal Construction / Building Project Management Media / Public Relations /… Factory/Manufacturing… Human Resources Healthcare / Pharmaceutica Others Customer Service Teaching / Education Engineering Sales / Marketing / Bus. Dev. IT Skills Administrative Accounting / Finance 0% 5% 10% 15% 1% 1% 1% 1% 2% 3% 3% 3% 3% 4% 4% 6% 6% 7% 8% 9% 11% 11% 17% 20%

Skill sets employed on the job Accounting / Finance Administrative IT Skills Sales / Marketing / Bus. Dev. Engineering Teaching / Education Customer Service Others Healthcare / Pharmaceuticals Human Resources Factory/Manufacturing Industry Media / Public Relations / Advertising Project Management Construction / Building Legal Executive / Top Management Hospitality / Leisure / Travels Real Estate related skills NGO Non Response

Actual % 17% 11% 11% 9% 8% 7% 6% 6% 4% 4% 3% 3% 3% 3% 2% 1% 1% 1% 1% 100%

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Employees in the Oil & Gas industry are the highest paid.

How much do workers really make?
Monthly Income across Industry
The table below is a cross sectional view of the monthly income before tax and the different industry classifications.

% Monthly Income Industry ICT / Telecommunications Banking / Financial Services Government Others Education Oil & Gas / Mining Manufacturing / Production Construction / Real Estate Advertising / Media Healthcare Consulting Trade / Services FMCG Logistics / Transportation NGO Legal Retail / Wholesales Total Less than N20,000 9% 6% 9% 14% 21% 3% 5% 4% 11% 3% 3% 5% 1% 1% 3% 1% 1% 100% Between N 21,000 and N50,000 10% 10% 13% 12% 10% 3% 7% 6% 6% 3% 4% 4% 2% 3% 2% 2% 2% 100% Between N 51,000 and N100,000 16% 12% 11% 8% 6% 6% 7% 8% 5% 4% 4% 3% 3% 2% 2% 1% 1% 100% Between N101,000 and N200,000 13% 16% 9% 6% 5% 11% 5% 6% 5% 7% 4% 3% 4% 4% 2% 2% 0% 100% Between N 201,000 and N300,000 15% 22% 5% 4% 2% 17% 3% 4% 4% 7% 3% 2% 4% 2% 3% 0% 1% 100% Between N 300,000 and N1,000,000 18% 20% 4% 4% 2% 22% 4% 4% 3% 4% 4% 2% 5% 2% 2% 0% 1% 100% N 1,000,000 and above 18% 15% 5% 11% 1% 22% 2% 3% 4% 3% 3% 1% 4% 1% 3% 1% 1% 100%

Employees in the Education sector are the least paid.

As shown in the table above, the highest proportion of respondents that are least paid, or that earn less than N20,000 per month are those in the Education industry. 13% of those that earn between N51,000 and N100,000 are in the Government sector, the banking and financial services industry has the largest proportion of those that earn between N101,000 and N300,000 while Oil & Gas / Mining has the largest proportion of those that earn N300,000 and above. In essence, employees in the Oil & Gas industry are the best paid, followed by their counterparts in the banking / financial services industry.

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Does Education make a difference to wages?
The table below is a cross sectional view of the monthly income before tax and the different levels of educational qualifications. % Monthly Income Educational Qualification High School OND/NCE/Diploma HND Bachelor‟s Degree Masters PHD Total Less than N20,000 24% 24% 13% 37% 3% 0.3% 100% Between N 21,000 and N50,000 6% 17% 19% 53% 5% 0.2% 100% Between N 51,000 and N100,000 2% 7% 20% 59% 11% 0.3% 100% Between N101,000 and N200,000 1% 2% 12% 59% 24% 1% 100% Between N 201,000 and N300,000 2% 1% 9% 53% 34% 1% 100% Between N 300,000 and N1,000,000 0.3% 2% 7% 45% 42% 3% 100% N 1,000,000 and above 5.4% 7.4% 6.8% 31.8% 48.0% 0.7% 100%

In all classifications of monthly income except the last (N1, 000,000 and above),

Bachelor‟s degree holders have the largest representations. In other words, the highest proportion of those that earn less than N20,000 a month are Bachelor‟s degree holders, and the same can be said for those who earn between N21,000 and N1,000,000. For those that earn N1, 000,000 and above, the Master‟s degree holders have the highest proportion – 48% followed by Bachelor‟s degree holders – 38%. Also, amongst respondents that earn above N1, 000,000 per month, only 0.7% are PHD holders.
Distribution of respondents that earn N1, 000,000 and above per month

2% 5% 6% 6%

High School OND/NCE/Diploma HND Bachelors Degree Masters PHD

47% 34%

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Is there a correlation between job hunting urgency and current pay?
% Monthly Income Between Between Between N N 51,000 N101,000 201,000 and and and N100,000 N200,000 N300,000 9.2% 10% 9% 35.7% 17.0% 38.2% 100% 46% 17% 27% 100% 49% 20% 22% 100%

Job search status Happily employed Could be tempted to move if there is a better offer Looking from time to time Get me outta here! I need a better job. Total

Less than N20,000 18.8% 21.2% 12.1% 47.8% 100%

Between N 21,000 and N50,000 10.4% 33.5% 12.5% 43.7% 100%

Between N 300,000 and N1,000,000 16% 52% 15% 17% 100%

N 1,000,000 and above 21.2% 45.2% 13.7% 19.9% 100%

Amongst respondents that earn above N1million per month, only 0.7% are PHD holders!

The largest proportion of respondents that earn N100,000 and below (including those who earn less than N20,000 per month) are dissatisfied with their current jobs are in desperate search for a change of jobs. On the other hand, the greater proportion of respondents that claim to be happily employed earn N1,000,000 and above. In line with the human nature however, respondents that earn N201,000 and above have the highest proportion of those who could be tempted to move if they had better offers. Remarkably, even those who earn above N1,000,000 per month (45.2% of them!) could be tempted to move if they had better offers.

Is there a relationship between Monthly Income and Number of Years on the Job?
% Monthly Income Less than N20,000 55.2% 30.8% 8.3% 5.7% 100% Between N 21,000 and N50,000 43.0% 36.5% 10.4% 10.1% 100% Between N 51,000 and N100,000 43.0% 36.5% 10.4% 10.1% 100% Between N101,000 and N200,000 23.7% 31.4% 18.6% 26.3% 100% Between N 201,000 and N300,000 13.2% 30.2% 18.5% 38.1% 100% Between N 300,000 and N1,000,000 9.4% 19.5% 18.8% 52.3% 100% N 1,000,000 and above 9.9% 21.1% 12.0% 57.0% 100%

Years on the job

1-2 3-5 6-8 Above 8 Total

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The greater proportion of respondents who earn N100,000 and below are those who have the least number of years of experience. 31.4% of respondents who earn between N101,000 and N200,000 have spent 3 to 5 years on the job. The largest proportions of highly paid respondents are those who have spent above 8 years on their jobs. 57% of those who earn above N1, 000,000 have spent over 8 years on the job.

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Variations of Industry classification
Industry
Education Major ICT / Telec omm s Banking Financial Services Govern ment Others Educati on Oil & Gas / Mining Manufac turing / Producti on Constru ction / Real Estate Advertis ing / Media Consul ting Trade / Services FMC G Logistics / Transport ation NGO Legal Retail / Whole sales

Healthcare

Sciences Engineering Accounting Others Economics and related courses Humanities related courses Arts and related courses Education Healthcare Law Real Estate
Total

28 % 31 % 8% 14 % 7% 7% 3% 1% 0% 1% 1%
100 %

13% 8% 29% 13% 20% 7% 5% 1% 1% 2% 1%
100%

22% 8% 13% 13% 9% 11% 6% 8% 5% 3% 1%
100%

14% 11% 17% 26% 9% 8% 7% 4% 1% 2% 1%
100%

23% 8% 8% 8% 7% 7% 7% 29% 1% 1% 1%
100%

16% 39% 12% 11% 8% 7% 3% 1% 1% 2% 1%
100%

18% 30% 20% 10% 10% 6% 4% 2% 2% 1% 0%
100%

8% 33% 10% 11% 5% 4% 3% 0% 0% 1% 24%
100%

12% 5% 22% 15% 7% 15% 22% 1% 1% 0% 0%
100%

17% 3% 5% 7% 2% 5% 2% 0% 59% 0% 0%
100%

16% 21% 20% 12% 11% 11% 3% 2% 0% 1% 2%
100%

14% 12% 20% 14% 16% 9% 8% 2% 2% 1% 1%
100%

18% 16% 18% 13% 19% 9% 3% 1% 2% 0% 0%
100 %

11% 10% 18% 21% 16% 13% 5% 2% 0% 2% 1%
100%

16% 6% 19% 15% 7% 16% 7% 3% 8% 3% 0%
100%

2% 1% 6% 9% 1% 2% 5% 1% 0% 73% 0%
100%

15% 12% 18% 20% 14% 6% 8% 6% 0% 1% 2%
100 %

0

Most workers’ roles are not related to their course of study. The Legal industry is the most consistent employer with respect to employees’ field of study

Is there a connection between Monthly Income and Education Major?
The table above shows a cross sectional view of industry and the respondents education major. Ideally, a respondent‟s education major should determine the industry classification he or she is employed in. Though that is not entirely the case here, the figures show some level of consistency between the education major of respondents and the industry classification in which they are employed. In summary, majority of respondents employed in Mining, construction and real estate industry are engineering majors (as shown in the highlighted cells on the table above), 59% in healthcare industry are actually majors in healthcare, etc. Remarkably, 73% of the respondents in the Legal industry actually studied Law, making the Legal industry the most consistent employer with respect to employees‟ field of study. Also, the biggest proportions of respondents in the NGO industry are accounting majors.
Distribution of respondents in the Legal Industry

1% 2% 6% 9% 1% 2% 5% 1% 73%

Sciences Engineering Accounting Others Economics and related courses Humanities related courses Arts and related courses Education Healthcare

Distribution of respondents in the Healthcare Industry

Sciences 17% 3% 5% 59% 5% 2% 7% 2% Accounting Others Economics and related courses Humanities related courses Engineering

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Acknowledgements
We would like to thank the 10, 980 people from all over Nigeria who generously shared their time in completing the survey. Their data points weaved the compelling insights that make up this survey. We would also like to acknowledge the contributions of the Jobberman Team that worked on this Salary Survey.

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| Salary Survey

About Jobberman.com
Jobberman.com is a clear market leader in the jobs category in West Africa, Jobberman is ranked as the #3 Nigerian content website overall by Alexa.com and the #1 website in the jobs category by Alexa.com. Operating in all the major cities in Nigeria, with a very long list of industry accolades and strategic partnerships with nearly all of Nigeria‟s major media companies, Jobberman is now the largest jobs website in sub-Saharan Africa in traffic and membership outside of South Africa. In February 2012, Jobberman got named as #8 in Forbes Magazine Top 20 Tech Start-ups in Africa.

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For further information
To find out more about this survey, please send an email to the Data & Analytics Team at [email protected] or contact one of the following Data Leaders below: Nkemdilim Isiakpona [email protected] +234. 806.832.6394 Opeyemi Awoyemi [email protected] +234.803.838.3146

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| Salary Survey

Jobberman Limited #1, Abimbola Okulaja Close Off Oladimeji Alo Street Lekki Phase I Lagos, NIGERIA Nicon Insurance Plaza 2nd Floor Central Business Area Abuja, NIGERIA The Jobberman home page can be found at Jobberman.com Jobberman and Jobberman logo are trademarks of Jobberman Limited. Other company, product and service names may be trademarks or service marks of others. ©Copyright Jobberman Limited 2012 All Rights Reserved.

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