Zedcrest Salary in Nigeria 2025: Full Details

Zedcrest Salary in Nigeria 2025: Full Details With Complete Breakdown

This article provides a comprehensive overview of the salary structure for employees at Zedcrest Group in Nigeria for 2025. Zedcrest Group, founded in 2013 by Adedayo Saheed Amzat, is a leading new-age financial solutions powerhouse based in Lagos, Nigeria. With subsidiaries like Zedvance Finance and Zimvest, Zedcrest specializes in fixed income securities trading, consumer lending, asset management, and proprietary investments across sectors such as technology, oil and gas, and social impact (healthcare, education, agriculture). Despite limited publicly available salary data for Zedcrest, this article estimates salaries based on industry standards for Nigeria’s financial services sector, job postings, and comparisons with similar firms like Flutterwave and Zenith Bank. It includes salary ranges, factors influencing earnings, benefits, and career prospects, reflecting Nigeria’s economic context in 2025.

Salary Overview

Zedcrest Group employs professionals in roles such as software engineers, customer service officers, investment analysts, sales representatives, and management executives. Salaries are competitive within Nigeria’s financial services and fintech sectors, driven by the company’s rapid growth—ranked as Nigeria’s fastest-growing financial services firm and Africa’s fifth fastest-growing company by Financial Times in 2022. Earnings vary based on role, experience, location, and performance incentives. The 2025 salary estimates account for Nigeria’s 33.4% inflation rate and the recent 20–30% salary increases seen in the banking sector (e.g., Zenith Bank). Below is a detailed breakdown of estimated salaries for key roles at Zedcrest Group in Nigeria for 2025.

Estimated Salaries by Role

  • Graduate Trainee (Zedcrest Launchpad):
    • Monthly Salary: ₦80,000–₦120,000 (average: ₦100,000).
    • Annual Salary: ₦960,000–₦1,440,000.
    • Details: The Zedcrest Launchpad, a 12-month graduate trainee program, equips fresh graduates with hands-on experience in financial services. Salaries are estimated based on Nigeria’s banking sector graduate trainee pay (e.g., Zenith Bank at ₦70,000–₦100,000 monthly post-2025 increase) and Zedcrest’s competitive positioning.
  • Customer Service Officer:
    • Monthly Salary: ₦100,000–₦180,000 (average: ₦140,000).
    • Annual Salary: ₦1,200,000–₦2,160,000.
    • Details: Customer service officers handle client inquiries for Zedvance loans or Zimvest investments. Salaries align with industry standards (e.g., Zenith Bank at ₦130,000–₦150,000 monthly) and job postings requiring a BSc/HND and NYSC completion.
  • Software Engineer:
    • Monthly Salary: ₦250,000–₦500,000 (average: ₦375,000).
    • Annual Salary: ₦3,000,000–₦6,000,000.
    • Details: Software engineers develop and maintain platforms like Zimvest, using tools like Nuxt.js, HTML, CSS, and JavaScript. Salaries are estimated based on Nigeria’s average software engineer pay (₦2,969,583 annually, per PayScale) and Lagos-specific data (₦312,500 monthly, per Glassdoor), adjusted for Zedcrest’s tech-driven focus.
  • Investment Research Analyst:
    • Monthly Salary: ₦200,000–₦450,000 (average: ₦325,000).
    • Annual Salary: ₦2,400,000–₦5,400,000.
    • Details: Analysts like Samuel Aladegbaye conduct market analysis for Zedcrest Wealth. Salaries are based on comparisons with Vetiva Capital Management and Nigeria’s financial analyst pay (₦2,400,000–₦6,000,000 annually).
  • Telesales Representative:
    • Monthly Salary: ₦80,000–₦200,000 (average: ₦140,000, including commissions).
    • Annual Salary: ₦960,000–₦2,400,000.
    • Details: Telesales reps generate client inflows for asset management. Salaries include a base pay of ₦80,000–₦120,000 plus commissions, aligned with industry norms for sales roles.
  • Relationship Manager:
    • Monthly Salary: ₦300,000–₦600,000 (average: ₦450,000).
    • Annual Salary: ₦3,600,000–₦7,200,000.
    • Details: Relationship managers handle client portfolios, earning salaries comparable to Zenith Bank (₦660,000–₦720,000 monthly post-2025 increase), adjusted for Zedcrest’s smaller scale.
  • Senior Management (e.g., VP Sales, CFO, CTO):
    • Monthly Salary: ₦800,000–₦1,500,000 (average: ₦1,150,000).
    • Annual Salary: ₦9,600,000–₦18,000,000.
    • Details: Senior roles like VP Sales (Ajibola Tobi-Osho) or CTO (Bayonle Amzat) earn high salaries, estimated based on Nigeria’s senior finance roles and Zedcrest’s global aspirations.
  • NYSC Corps Members:
    • Monthly Salary: ₦77,000 (federal NYSC allowance) + ₦10,000–₦30,000 (Zedcrest stipend).
    • Annual Salary: ₦924,000–₦1,080,000.
    • Details: Corps members receive the federal NYSC allowance (₦77,000 monthly, effective July 2024) plus potential stipends, similar to Zenith Bank’s ₦10,000–₦30,000 monthly.

Salary by Experience Level

  • Entry-Level (0-2 years): Graduate trainees and customer service officers earn ₦80,000–₦180,000 monthly (₦960,000–₦2,160,000 annually).
  • Early Career (3-5 years): Software engineers and investment analysts earn ₦200,000–₦500,000 monthly (₦2,400,000–₦6,000,000 annually), a 32% increase over entry-level.
  • Mid-Career (6-9 years): Relationship managers and senior analysts earn ₦300,000–₦600,000 monthly (₦3,600,000–₦7,200,000 annually).
  • Senior-Level (10+ years): Senior management earns ₦800,000–₦1,500,000 monthly (₦9,600,000–₦18,000,000 annually).

Regional Variations

Zedcrest’s operations are primarily in Lagos, Nigeria’s financial hub:

  • Lagos: Salaries range from ₦80,000–₦1,500,000 monthly, with senior roles at the higher end due to high demand and living costs.
  • Other Cities (e.g., Abuja, Port Harcourt): If Zedcrest expands, salaries may be 10–20% lower (₦70,000–₦1,200,000 monthly) due to lower living costs.

Factors Influencing Zedcrest Salaries

Several factors impact salaries at Zedcrest Group:

  • Role and Specialization: Technical roles like software engineering (₦250,000–₦500,000 monthly) and senior management (₦800,000–₦1,500,000 monthly) earn more than customer service or telesales roles (₦100,000–₦200,000).
  • Experience: Salaries increase by 32% after 3-5 years and 20% after 10 years, per Nigeria’s salary trends.
  • Location: Lagos offers 20% higher salaries than other cities due to higher demand and living costs (₦196,126 monthly for a single person without rent).
  • Skills and Certifications: Proficiency in Nuxt.js, JavaScript, or financial certifications (e.g., CFA, ACCA) boosts earnings by 15–20%.
  • Performance Incentives: Bonuses and commissions, especially for sales and relationship managers, can add ₦50,000–₦200,000 monthly.
  • Economic Conditions: Nigeria’s 33.4% inflation rate in 2025 reduces purchasing power, prompting Zedcrest to offer competitive salaries to retain talent.
  • Company Growth: Zedcrest’s acquisitions (e.g., RMB Nigeria Stockbrokers for ₦400–420 million in 2024) and awards (e.g., Fastest-Growing Financial Services Firm, Financial Times 2022) support higher salaries to attract talent.

Benefits and Perks

Zedcrest Group offers a mix of statutory and non-statutory benefits, reflecting its employee-centric culture:

  • Statutory Benefits:
    • Pension: Employers contribute 10%, employees 8%, per Nigerian labor laws.
    • National Social Insurance Trust Fund (NSITF): Employers contribute 1%.
    • Industrial Training Fund (ITF): Employers with ≥5 employees contribute 1%.
    • Paid Leave: 6 days of annual leave and 12 days of sick leave with a medical certificate.
    • Maternity/Paternity Leave: 12 weeks at 50% pay for female employees; 14 days for male employees.
  • Non-Statutory Benefits:
    • Bonuses: Performance-based bonuses and commissions, potentially ₦50,000–₦200,000 monthly for sales and technical roles.
    • Health Insurance: Likely offered, with sessions like Leadway Health’s mental health talks for employees, indicating a focus on well-being.
    • Training: The Zedcrest Launchpad and ongoing professional development (e.g., financial markets training) enhance skills.
    • Career Growth: Opportunities to work on innovative platforms like Zimvest, rated highly by employees (e.g., CFO Joseph Adegunwa’s “blissful” experience).
    • Work Environment: Described as a “community of like-minded individuals” striving for excellence, with a focus on financial inclusion and innovation.

Economic Context and Challenges

  • Inflation Impact: Nigeria’s 33.4% inflation rate in 2025 increases living costs (₦196,126 monthly for a single person without rent), making competitive salaries and bonuses critical.
  • Payment Stability: Zedcrest’s financial stability, bolstered by acquisitions and awards, ensures consistent payments, unlike smaller firms.
  • Competition: Rivals like Flutterwave and Zenith Bank offer similar salaries, pushing Zedcrest to maintain competitive pay (e.g., Zenith’s ₦140,000 monthly for entry-level post-2025 increase).
  • Regulatory Environment: As an SEC-regulated firm, Zedcrest’s transparency (e.g., Zedcrest Wealth’s compliance) supports employee confidence but requires adherence to strict financial standards.

Job Outlook and Opportunities

  • Demand: Zedcrest’s growth, including its acquisition of RMB Nigeria Stockbrokers and focus on fintech and consumer lending, drives demand for software engineers, analysts, and sales professionals. Serving over 1 million salary earners via Zedvance ensures robust hiring.
  • Career Advancement: The Launchpad program and promotions to roles like relationship manager or senior management offer clear progression paths. Experience at Zedcrest enhances prospects at other firms like Access Bank or Moniepoint.
  • Job Requirements:
    • Education: BSc or HND for most roles; SSCE for entry-level telesales or customer service.
    • Skills: Proficiency in Nuxt.js, JavaScript, or financial analysis; communication and sales skills for client-facing roles.
    • Certifications: CFA, ACCA, or AWS certifications boost employability.
  • Innovation Focus: Zedcrest’s investments in technology-driven sectors (e.g., BNPL solutions, global equities) provide exposure to cutting-edge financial services.

How to Maximize Earnings

Employees can boost income through:

  • Upskilling: Learn Nuxt.js, blockchain, or financial analysis to qualify for high-paying roles like software engineer or investment analyst.
  • Certifications: Obtain CFA, ACCA, or AWS certifications to increase salaries by 15–20%.
  • Performance: Exceed sales or portfolio targets to earn bonuses, especially in telesales or relationship management.
  • Relocation: Work in Lagos for 20% higher salaries compared to other cities.
  • Networking: Join financial associations or leverage Zedcrest’s Digital Wealth Club to access better opportunities.
  • Negotiation: Use industry benchmarks (e.g., ₦375,000 monthly for software engineers) to negotiate competitive pay.

Conclusion

In 2025, Zedcrest Group in Nigeria offers competitive salaries ranging from ₦80,000–₦1,500,000 monthly, with graduate trainees earning ₦80,000–₦120,000, software engineers ₦250,000–₦500,000, and senior management ₦800,000–₦1,500,000. NYSC corpers receive ₦77,000 monthly plus stipends. Salaries are driven by role, experience, location, and performance, with Lagos offering the highest pay. Benefits include pensions, health insurance, bonuses, and training through the Zedcrest Launchpad. Despite Nigeria’s 33.4% inflation, Zedcrest’s growth, acquisitions, and SEC regulation ensure stable, attractive compensation. With a focus on fintech and financial inclusion, Zedcrest offers strong career prospects for employees who upskill and leverage its innovative platforms and industry-leading reputation.

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