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Only 12% Employees in Nigeria are “happily employed”

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Ikenna Odinaka
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Almost every student and graduate aspires for a dream job after going through the stress in higher institution. And a dream job is presumably one that makes you happily employed. That does not seem to be the case for most graduates and professionals in the real world. Ideally, we all have our idea of a dream job; what appear to be the dream job for one person may be a nightmare for another. It’s one thing to be employed. It’s another to be happy at your job.

Jobberman, a job recruitment website, recently published a salary survey conducted on 10,980 professionals from all over Nigeria. The survey conducted 100% online, shows a report with reviling statistics and figures. The survey was carried out as an inquisition into the world of employees in the Nigerian context in order to give Nigerians an idea of the income level of colleagues in many industries and job functions.

The research was based on surveys of 10,980 professionals from all over Nigeria, and sought to understand the most critical elements responsible for Salary variations across gender, industries, specialization and educational attainment. Through the survey analysis, the researchers looked for insights that will be useful for employees, companies and even students who have started nursing the idea of a Career.

About 68% of the survey participants have some form of tertiary education (either HND or Bachelor‟s) and on a cumulative basis, 83% have a minimum educational qualification of either a HND or Bachelor‟s degree.

Job Search Status

In a part of the survey, respondents (who are currently employed at a job) were asked if they were willing to change jobs. 37% of the participants are reported to desperately need to get out of their current job for a better one, 36% could be tempted to move or change jobs if they had better offer, 15% are looking for job openings from time to time while only 12% said they are happily employed.

What’s the Idea of being Happily Employed?

The research also went ahead to determine if there is a correlation between job hunting urgency (the willingness to change job) and current pay. For some people, a happy job means salary level; ideally, for others it’s about the challenges that accompany the job; for some, it’s the freedom or passion associated with the job. However, the result of the survey did prove that remuneration, above other motivation factors, is the major driver for ‘happy employment’.

The largest proportion of respondents that earn N100,000 and below (including those who earn less than N20,000 per month) are dissatisfied with their current jobs are in desperate search for a change of jobs.

On the other hand, the greater proportion of respondents that claim to be happily employed earn N1,000,000 and above. Participants that earn N201,000 and above have the highest proportion of those who could be tempted to move if they had better offers. This isn’t so surprising.

Other interesting findings from the research:

  • 29% of the employed Nigerians, who participated in the survey, earn between N21,000 and N50,000 (which is the largest proportion of respondents), 26% earn between N51,000 and N100,000 while only 1% earn over N1,000,000 per month (as expected). About 69% of professionals earn N100,000 or less per month.
  • The most commonly employed skill set is Accounting/Finance, 17%, followed by Administrative skills and IT skills 11%. The least common skill sets include Executive/ Top management, Hospitality / Leisure / Travels, Real estate and NGO related skills.
  • The oil and Gas Industry is the highest paying sector followed by the banking and financial service sector while the education sector is the least paying with 21% professionals earning N20,000 or less per month.

Download the Salary survey report.

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Author

  • Ikenna Odinaka C. is a Writer, Career Development Professional, Entrepreneur, Educator and Investor. He is the founder of AfterschoolAfrica.com, AfterSchoolMedia.com and Edxtra.com. He has also co-founded other businesses in Education, technology and media industry. He is passionate about the future of work, entrepreneurship and helping young people explore opportunities to develop their financial capability. You can read his best content on AfterSchoolMedia.com and watch his insightful videos on YouTube

This post was last modified on April 20, 2012 12:16 pm

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