Salary structure of Guaranty Trust Holding Company Plc
Guaranty Trust Holding Company Plc (GTCO) is a leading financial institution in Nigeria with a rich history spanning over three decades.
Founded in 1990, the bank has continuously set the pace in the financial industry in Nigeria and beyond, providing innovative solutions to customers’ financial needs.
The bank operates with a clear vision to be the leading African financial institution, with a sustainable business model and a broad customer base, providing innovative and comprehensive financial solutions that exceed customer expectations.
GTCO has a robust salary structure that is in line with industry standards and is competitive enough to attract and retain the best talent in the industry.
The bank follows a clearly defined grading structure based on job roles and ranks, and this ensures that employees are remunerated fairly and transparently.
The salary structure is divided into four levels, namely, Entry-Level, Mid-Level, Senior-Level, and Executive-Level.
The salary range for each level is as follows:
Entry-Level – N80,000 to N150,000 per month
Mid-Level – N200,000 to N350,000 per month
Senior-Level – N400,000 to N600,000 per month
Executive-Level – N700,000 to N1,000,000 per month
The salary scale at GTCO is not just competitive but also offers additional benefits such as health and life insurance, training, and development opportunities, performance bonuses, and other perks.
How the Bank Operates
GTCO operates as a universal bank, providing a wide range of commercial, corporate, investment, and retail banking products, and services to its customers.
The bank has a network of over 240 branches and business offices spread across Nigeria and six other countries, including Ghana, Cote d’Ivoire, Gambia, Liberia, Sierra Leone, and the United Kingdom.
GTCO is known for its commitment to excellence, innovation, and customer satisfaction, and these pillars have held the bank in good stead over the years, earning it numerous local and international awards and recognition.
Pathway to Institution
To join GTCO, one must meet the bank’s recruitment criteria, which include having a minimum of Second class upper in any field of study from a recognized institution, NYSC discharge certificate, and must not be older than 26 years.
In addition, the bank has a robust recruitment process that includes a series of aptitude tests, interviews, and assessments to ensure that only the best candidates with the right skills and competencies join the bank.
FAQs
What is the minimum age requirement to work at GTCO?
The minimum age requirement to work at GTCO is 18 years.
Does GTCO offer training and development programs to its employees?
Yes, GTCO provides its employees with a range of training and development programs, tailored to their career aspirations and job roles.
Is there a retirement age for GTCO employees?
Yes, the retirement age for GTCO employees is 60 years.
