Insight

• Ikiodiete George
• 3 Min Read

Union Bank Salary Structure In 2025: Entry-Level, Graduate Trainee, Managers & Senior Staff (Allowances Included)

Union Bank remains one of Nigeria’s highly respected banking institutions in terms of compensation, career development, and employee support. Here’s a detailed overview of its salary structure across key roles in 2025.

1. Graduate Trainee / Management Trainee

New graduate recruits joining Union Bank’s structured trainee program benefit from classroom and on-the-job training before full deployment.

• Monthly Salary: ₦160,000 – ₦220,000
• Annual Package: ₦1.9 million – ₦2.6 million
• Perks & Allowances:
• Health insurance
• Pension contributions
• Transport stipend
• Mentorship, training
• Performance-based incentives

Successful trainees often secure permanent officer-level roles after completing the program.

2. Entry-Level Staff (Tellers, Customer Service, Junior Analysts)

These roles form the foundation of the bank’s operations in branches and support centres.

These positions offer solid entry into banking with room for rapid progress.

3. Mid-Level Officers (Relationship Managers, Credit/Risk Analysts, Product Officers)

At this level, staff are responsible for relationship management, risk assessment, and product implementation.

• Monthly Salary: ₦400,000 – ₦700,000
• Allowances Include:
• Housing support
• Transport stipend
• Family health insurance
• Annual performance bonus
• Funding for certifications and professional development

4. Senior-Level Management (Branch Managers, Department/Unit Heads)

Senior leaders manage branch-level operations or departments and drive results.

These roles combine leadership, performance management, and strategic accountability.

5. Contractors & Specialists

Union Bank engages contractors and specialists for project-based assignments.

• Monthly Compensation: ₦500,000 – ₦1,200,000
• Note: While contract pay is competitive, standard benefits such as pension or medical coverage are not included.

6. Internship Programmes (Undergraduate & Graduate)

Structured internship programmes are available for students and postgraduates.

Interns benefit from mentorship, hands-on exposure and possible entry into permanent roles.

7. Executive Leadership & Directors

Union Bank’s top executives drive organizational strategy and performance.

• Executive Managers: ₦1,500,000 – ₦2,200,000 per month
• Directors: ₦2,000,000 – ₦3,500,000 per month
• C-Level Executives (MD, CFO, COO): ₦4,000,000 – ₦8,000,000+ per month
• Executive Benefits Include:
• Company-provided or leased vehicles
• Stock plan participation
• International travel allowances
• Premium health insurance
• Housing and risk allowances

These roles dictate the bank's direction and regional footprint.

8. Salary Summary Table

Frequently Asked Questions

What is the salary for trainees at Union Bank?
Graduate trainees earn between ₦160,000 and ₦220,000 monthly, with performance incentives and allowances included.

Do entry-level bank staff receive benefits?
Yes. Entry-level positions include medical insurance, pension contributions, and quarterly performance bonuses.

Can interns become full-time staff?
Yes. High-performing interns are often invited into the trainee program or hired into junior roles.

What compensation do contractors receive?
Contractors earn between ₦500,000 and ₦1.2 million monthly but do not receive benefits like pension or insurance.

What do senior executives receive?
Union Bank’s executive packages include cash allowances, vehicles, global travel, housing, and premium health insurance.

Conclusion

Union Bank’s 2025 salary structure is reflective of its focus on rewarding talent and performance. With competitive pay for all roles, comprehensive benefits, and clear career progression, the bank continues to appeal to professionals across various stages of their careers.

Whether you're starting out, growing in management, or aiming for the C-suite, Union Bank offers clear pathways and attractive compensation aligned with your ambition.