Wazua
»
Market
»
Pennywise
»
What is a "good salary" in Kenya?
Rank: Member Joined: 1/22/2015 Posts: 682
|
hardwood wrote:newfarer wrote:The report also showed that very few people who are employed in formal jobs qualify as middle class since the majority (74 per cent) earn less than Sh50,000 a month.
Only 24 per cent of those informal employment earn between Sh50,000 to Sh100,000 a month, while on the other hand, the share of individuals earning above Sh100,000 on monthly basis stand at a mere 2.9 per cent of those employed.
“The rapid decrease in individ There is a thread on this forum detailing what banks pay and it was unanimous that banks pay "bankers" between 50-60K per month. If bankers are earning 60k and the doctors who are currently on strike earn 140k, who are these wazuans earning 400k+? Or does this mean that wazua is a forum for highly paid ceos earning 400k+ per month? As an experienced wazuan you should know by now that these threads for "how much do you earn" are always full of silly comments about how sijui 1 million per month ni pesa ya bachelor. Ignore na ujipange na chako!
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
hardwood wrote:Angelica _ann wrote:hardwood wrote:hardwood wrote:newfarer wrote:The report also showed that very few people who are employed in formal jobs qualify as middle class since the majority (74 per cent) earn less than Sh50,000 a month.
Only 24 per cent of those informal employment earn between Sh50,000 to Sh100,000 a month, while on the other hand, the share of individuals earning above Sh100,000 on monthly basis stand at a mere 2.9 per cent of those employed.
“The rapid decrease in individ There is a thread on this forum detailing what banks pay and it was unanimous that banks pay "bankers" between 50-60K per month. If bankers are earning 60k and the doctors who are currently on strike earn 140k, who are these wazuans earning 400k+? Or does this mean that wazua is a forum for highly paid ceos earning 400k+ per month? In my case I earn 220k net and wifey 150k net to give us a total of 370k net. And we have own house that we've cleared loans and mortgage. And 2 loan-free cars (SUV + saloon). Unadoea pesa ya Mama  Nope. We became one when we exchanged marriage vows. My money is her money and her money is my money. #mapenziMotomoto Is she aware that you spend your family income on fish? If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
Quote from the "How much do banks pay thread" http://www.wazua.co.ke/f...amp;m=475847#post475847
Banker wrote:Banker wrote:@ associate, let me answer you.
Graduate trainees or clerks as they are known in some of these banks form the bulk of the unionisable staff in the industry. Their union BIFU has been pushing very aggresively to get better terms every year. The latest CBA (collective bargaining agreement) was signed last month and it left gross salary at a minimum of around Kes.58,000.
Now the good news is that some banks actually pay higher that this minimum wage.
The bad news is that a good number of the top banks have discovered a loophole that ensures you are not unionisable. Some banks e.g. Equity bank, will simply not allow you to join a union. Some banks will hire you as a management trainee at a lower salary, while others will engage you on contract terms.
Back to your question, below is my list of best employers in the industry for an entry job.
1. National bank
2. Co-op Bank
3. KCB
Kindly allow me to add something. Majority of the tellers at Equity are not graduates and in all fairness, the salary of Kes.35K they get is more that generous. Actually, most of them are fiercely loyal since they do not have any delusion of getting a better deal elsewhere.
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,935
|
[quote=hardwood]http://www.nation.co.ke/news/How-inflation-is-eating-into-the-middle-class/1056-3488156-qvrqjo/ http://nairobinews.natio...t-growing-middle-class/[/quote] According to this study, the middle class comprise of those in businesses or employed and earn an average of Sh50, 356 or between Sh76, 396 and Sh102, 429. I stopped reading   In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Member Joined: 3/3/2016 Posts: 132
|
hardwood wrote:
In my case I earn 220k net (with postgraduate degree)
That's about 300k gross. That's a really good salary. How much do other wazuans working in Kenya make? {{{{Gross, not including spouse}}}}
|
|
|
Rank: Member Joined: 7/8/2013 Posts: 126
|
mine is 218k gross. wife and 2 kids. feel am struggling. the only thing that saves me is the numerous field allowances and savings that I make since I travel a lot in the region
|
|
|
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
Angelica _ann wrote:[quote=hardwood]http://www.nation.co.ke/news/How-inflation-is-eating-into-the-middle-class/1056-3488156-qvrqjo/ http://nairobinews.natio...t-growing-middle-class/[/quote] According to this study, the middle class comprise of those in businesses or employed and earn an average of Sh50, 356 or between Sh76, 396 and Sh102, 429. I stopped reading Means the 35-40k battalion which is majority of Nairobians aged 25-40 years are in the middle Lower and lower upper class, in short lower class, these are the guys living in Roysambu, Pipeline and Thindigwa with an ex japan etc. To Each His Own
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
kayhara wrote:Angelica _ann wrote:[quote=hardwood]http://www.nation.co.ke/news/How-inflation-is-eating-into-the-middle-class/1056-3488156-qvrqjo/ http://nairobinews.natio...t-growing-middle-class/[/quote] According to this study, the middle class comprise of those in businesses or employed and earn an average of Sh50, 356 or between Sh76, 396 and Sh102, 429. I stopped reading Means the 35-40k battalion which is majority of Nairobians aged 25-40 years are in the middle Lower and lower upper class, in short lower class, these are the guys living in Roysambu, Pipeline and Thindigwa with an ex japan etc. Roysambu and Thindigwa rents are 25-30k for a 2brm. So you need to make about 75k net to live there assuming one pays 1/3 of their pay as rent.
|
|
|
Rank: Member Joined: 12/17/2016 Posts: 225
|
My monthly salary is about USD 7,000, wife is KES 150,000; all these gross. Two kids, elder one attending baby class. Got loans to pay, about KES 250,000. Net income from business venture KES 240,000(took a loan for this venture). Food and shopping take about 50k,rent 40k. My wife and I still in school-masters. Still feel that I am constrained since I can barely save 100k every month. My comfortable salary would be KES 1M. Reflection Eternal
|
|
|
Wazua
»
Market
»
Pennywise
»
What is a "good salary" in Kenya?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|