Assistant Manager salaries in Bank, CO are $62,835 per year. This is 1% lower than the national average salary of $63,631. Salary estimates are based on 25 salaries submitted anonymously to Indeed by Assistant Manager employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. The typical tenure for a Assistant Manager is 1-3 years.
The average assistant manager salary in a bank is around $37,000. This is an average figure that includes both entry-level positions and those with more experience. It also includes salaries for both full-time and part-time employees. Since it is an average, there are some banks that pay significantly more than this amount and others that pay less.
Assistant Manager Salary In Bank
Average Monthly Salary
572,000 NGN
( 6,860,000 NGN yearly)
LOW
280,000
NGN AVERAGE
572,000
NGN HIGH
892,000
NGN
A person working as an Assistant Bank Manager in Nigeria typically earns around 572,000 NGN per month. Salaries range from 280,000 NGN (lowest) to 892,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Assistant Bank Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Assistant Bank Manager Salary Distribution in Nigeria
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The median, the maximum, the minimum, and the range
- Salary RangeAssistant Bank Manager salaries in Nigeria range from 280,000 NGN per month (minimum salary) to 892,000 NGN per month (maximum salary).
- Median SalaryThe median salary is 583,000 NGN per month, which means that half (50%) of people working as Assistant Bank Manager(s) are earning less than 583,000 NGN while the other half are earning more than 583,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Assistant Bank Manager(s) are earning less than 389,000 NGN while 75% of them are earning more than 389,000 NGN. Also from the diagram, 75% of Assistant Bank Manager(s) are earning less than 752,000 NGN while 25% are earning more than 752,000 NGN.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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Assistant Bank Manager Salary Comparison by Years of Experience
How does experience and age affect your pay?
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Assistant Bank Manager salaries by experience level and this is what we found.
An Assistant Bank Manager with less than two years of experience makes approximately 332,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 427,000 NGN per month, 29% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 589,000 NGN per month, 38% more than someone with two to five years of experience.
“ On average, a person’s salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
* Based on the average change in salary over time. Salary variations differ from person to person.
Additionally, Assistant Bank Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 730,000 NGN per month, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 782,000 NGN per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 834,000 NGN per month, 7% more than people with fifteen to twenty years of experience.
Assistant Bank Manager average salary change by experience in Nigeria
| 0 – 2 Years | 332,000 NGN | |
| 2 – 5 Years | +29% | 427,000 NGN |
| 5 – 10 Years | +38% | 589,000 NGN |
| 10 – 15 Years | +24% | 730,000 NGN |
| 15 – 20 Years | +7% | 782,000 NGN |
| 20+ Years | +7% | 834,000 NGN |
