This article discusses the current Ernst & Young (EY) salary structure in Nigeria this 2023. For fresh graduates who are interested in applying for jobs at this top accounting and auditing firm in the country, understanding Ernst & Young’s wage structure in Nigeria is crucial. Every year, EY hires graduates from reputable Nigerian universities, and these graduates are properly trained to handle the various creative issues they may come across at work. As we proceed, we shall learn how much they pay in monthly compensation to their employees today.
ERNST & YOUNG (EY) NIGERIA: COMPANY PROFILE
Ernst & Young (EY) Global Limited is an international professional services firm headquartered in London, England. EY is one of the world’s largest professional services networks. It is one of the Big Four accounting firms, along with Deloitte, KPMG, and PricewaterhouseCoopers (PwC).
Its main services to clients include assurance (which includes financial audit), tax, consulting, and advisory. EY has recently diversified into industries outside of accounting, such as strategy, operations, HR, technology, and financial services consulting, like many of the larger accounting companies.
EY is a network of member companies that are organized as independent legal entities in a partnership and employs 312,250 people across 700 offices in more than 150 different countries including Nigeria. In 1989, Ernst & Whinney and Arthur Young & Co. merged to establish the current partnership of the company. Although this initialization was already being used unofficially before to its legal adoption, it was known as Ernst & Young until a rebranding drive officially changed its name to EY in 2013.
The company is geographically divided into three regions: the Americas; Asia-Pacific; and Europe, Middle East, India, and Africa. The corporation changed parts of its region borders in 2018, most notably by merging its CIS area (which operates in the former Soviet Union) and the CEE region (Eastern Europe) to form the CESA block.
ERNST & YOUNG (EY) SALARY STRUCTURE IN NIGERIA 2023
Below is the salary scale for different employees at Ernst & Young (EY) in Nigeria this 2023:
ERNST & YOUNG (EY) SALARY STRUCTURE FOR FRESH GRADUATES IN NIGERIA
Fresh gradustes at Ernst & Young make between ₦150,000 – ₦180,000 per month in pay. One of the largest accounting firms in the world, Ernst & Young, offers fresh graduates in Nigeria a salary package that is consistently attractive. Through the graduate trainee programme, the company recruits new staff at entry level.
ERNST & YOUNG (EY) GRADUATE TRAINEE SALARY IN NIGERIA
At Ernst & Young (EY) Nigeria, a graduate trainee makes an average monthly salary of about ₦220,000. Graduate trainees with 0 to 2 years of experience typically make around ₦172,000 whereas those with 3 to 9 years of experience typically make around ₦315,000 per month.
ERNST & YOUNG (EY) GRADUATE TRAINEE RECRUITMENT PROGRAMME
A graduate trainee is a University graduate who has received training in professional skill development and effective industry management. These training courses are delivered within the organization. The graduate trainee at Ernst & Young is supervised by more experienced workers.
Every year, the Ernst & Young (EY) recruitment programme is held to employ capable Nigerians for their workforce. You can find the Ernst & Young (EY) recruitment application on their official website. This leading accounting and auditing firm in Nigeria prefers to hire fresh graduates with at least a second class honours, upper division.
EY places a high value on professional development. The firm offers world-class mentoring and learning programs to make its recruits feel inspired and valued, allowing them to contribute more to the EY workforce. By joining the EY workforce, you will be a member of the team that improves the capabilities of investors, regulators, and businesses to increase public trust in them. You could assist with validating crucial company data, financial records, and other duties for the clients.
The age range for candidates for the Ernst & Young graduate trainee recruitment is 18 to 26 years. They must also fulfill additional fundamental qualifications for the work as set forth by the company. Candidates who pass the Ernst & Young (EY) Nigeria entrance exam are given the opportunity to take part in the oral interviews and written exams held at the Ernst & Young headquarters in Lagos.
This post has provided a wage breakdown for Ernst & Young (EY) employees. Candidates can and should apply for the various positions at the company if they meet the minimum requirements. The pay scale is quite attractive.