We Have Received the Report of the Highest Paying Companies You Can Work For In Nigeria, This report ranks companies in Nigeria based on job satisfaction, employee happiness, career growth prospects, work-life balance, and other relevant metrics as voted for by employees and career professionals.
The 4th edition of the ranking considered a total of 2,156 valid respondents, consisting of career professionals and employees across Nigerian-owned companies and multinationals.
Top 5 by Sector
Energy (Oil & Gas etc)
Chevron Stands for People, partnership, and performance. We’ve been in business since 1879. Our success is driven by our people and their commitment to getting results the right way – by operating responsibly.
Shell Nigeria is the common name for Royal Dutch Shell’s Nigerian operations carried out through four subsidiaries—primarily Shell Petroleum Development Company of Nigeria Limited (SPDC).
Mobil Producing Nigeria Unlimited (MPN) is a subsidiary of Exxon Mobil Corporation with a long and established history of operations in Nigeria. The company’s oil & gas production activities constitute one of the largest sources of revenue for the Nigerian government.
Financial Institutions (Banks etc)
United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centers: London, Paris, and New York.
From a single-country organization founded in 1949 in Nigeria, UBA has grown to become a Pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.
Union Bank is a large commercial bank, serving individuals, small and medium-sized companies, as well as large corporations and organizations. In July 2009, it was rated the 556th largest bank in the world and the 14th largest bank in Africa.
Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator, It’s also a financial institution with a presence in 9 countries in Africa and the United Kingdom and in all major cities in Nigeria.
The Central Bank of Nigeria (CBN) is the Central bank and apex monetary authority of Nigeria, The major regulatory objectives of the bank as stated in the CBN Act are to maintain the external reserves of the country, promote monetary stability and a sound financial environment, and to act as a banker of last resort and financial adviser to the federal government.
Guaranty Trust Bank plc also known as GTBank or simply GTB is a Nigerian multinational financial institution, that offers Online/Internet Banking, Retail Banking, Corporate Banking, Investment Banking, and Asset Management services, with its head office in Victoria Island, Lagos.
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Consumer Goods (FMCG)
Guinness Nigeria Plc is a major market for Diageo: Guinness Nigeria operates in the unique and fast-growing alcohol industry with over 15mhl beer potential. It is the only company that does Total Beverage Alcohol (TBA) in Nigeria.
Nigerian Breweries Plc is the pioneer and largest brewing company in Nigeria. It serves the Nigerian market and exports to other parts of West Africa.
Procter & Gamble
Procter and Gamble are one of the largest FMCG (Fast Moving Consumer Goods) companies in the world with strong brands like Pampers, Ariel, Always, Gillette, and Oral B just to name a few. We have been in existence for over 179 years globally and 24 years in Nigeria.
Nestle Nigeria Plc – As the Leading Nutrition Health and Wellness Company, we are committed to enhancing People’s lives, everywhere, every day. In fact, enhancing lives will influence everything we do together.
Andela was founded by four professionals who were working in the online education and recruitment business. The founders: Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson from 2U, and Christina Sass started Andela as a training company to match developers in emerging markets not known as technology hubs.
Google is not a conventional company, and we don’t intend to become one. True, we share attributes with the world’s most successful organizations – a focus on innovation. And smart business practices come to mind – but even as we continue to grow, we’re committed to retaining a small-company feel.
– Men and women are almost as satisfied with their current place of work; 63% are men while 61% are women.
– There are more women in entry-level positions, while more men with a slightly greater percentage occupy mid and senior-level positions.
– There is a greater percentage of men in the higher salary bracket while there is a greater percentage of women in the lower salary bracket.
– Men are also less willing at 24% to stay at their current place of employment than women at 34%.
– Most entrepreneurs are over 40 years of age.
– Pay is the most important factor for the younger demographic, closely followed by proximity to home.
– Employees in more senior-level positions rate their companies lower; however, they are not as willing to leave as the entry-level employees, who have a higher flight risk.
– On job satisfaction, business owners are looking for flexible working conditions and an opportunity for societal impact as their two top factors.
– Entry to Senior level employees both seek the same two top traits, pay and proximity to home, although the order changes from pay to proximity as the levels go higher.
In subsequent lines, we will examine the analysis of the methods applied to the survey. This covers details like the categorization of respondents as well as parameters used in measuring job satisfaction. RESPONDENT
Respondents were categorized into two broad sections – internal and external. Both categories capture employed respondents on the premise who provide an accurate view of the metrics used in the ranking of the Best 100 Companies to Work For in Nigeria.
Internal respondents are employees who work within an organization while external respondents refer to employed respondents who have moved on to other organizations.
The key parameters for the classification of respondents are highlighted below:
– Gender & Age
– Experience Level
– Salary Level
– Years of Experience
– Job Satisfaction
The major work parameters responsible for the satisfaction ratings, as indicated above were centered primarily on Monthly Salary, Work-life Balance, Career Growth and Advancement, Welfare Benefits, and Job Security according to their order of importance to employees and career professionals.
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