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Sterling Bank Raises Bar For Staff With High Salary Increase - Brand Spur

Summary by Brand Spur

For its more than 3,000 employees, Sterling Bank, ‘Your One Customer Bank’ has raised salaries to fetch prices. Entry-level employees now make N528,000 net monthly, up from about N320,000 previously. Top fintech businesses are aggressively stealing senior banking employees, according to three banking executives who asked not to be named by BrandSpur banking and finance news desk. They cited wage offers that were essentially twice their bank sala…

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Brand Spur

Sterling Bank Raises Bar For Staff With High Salary Increase - Brand Spur

5 days ago

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TechCabal

Sterling Bank raises entry-level pay to ₦528,000 in company-wide salary review

Sterling Bank has increased salaries for its 3,000+ employees, with entry-level staff now earning ₦528,000 net monthly, up from around ₦320,000. The review—over 35% across several roles—follows a tepid 7% salary bump in January that left employees unimpressed. The move comes amid industry-wide pay hikes at banks like GTBank, Union Bank, and Wema, driven by a growing battle for talent. Three banking executives who declined to be named said top fi…

6 days ago

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