Wema Bank Culture | Comparably
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Wema Bank Claimed Company
Provider of banking financial services. The company is a commercial bank providing various banking and financial services to corporate and individual customers. Its services include granting of loans and advances, corporate finance and money market activities. read more
EMPLOYEE
PARTICIPANTS
70
TOTAL
RATINGS
486

Wema Bank Company Culture

Wema Bank Culture

This score is derived from employee ratings & reviews
Choice Employer
A+
4.7/5

Top Rated Culture Dimensions

Wema Bank CEO

Top 5%Top 5% of Similar Size Companies
 Wema Bank's CEO
94 /100

Diversity at Wema Bank

Top 15%Top 15% of Similar Size Companies
A-

Diverse employees at Wema Bank have rated CEO Rating, Team, and Outlook as the highest categories they have scored

Women at Wema Bank

Top 30%Top 30% of Similar Size Companies
B

Women at Wema Bank have rated CEO Rating, Team, and Leadership as the highest categories they have scored

Wema Bank eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 15%Top 15% of Similar Size Companies

Recommend to a Friend?

36

Wema Bank employees are 36% more likely to recommend Wema Bank as a great place to work

61%Promoters
14%Passives
25%Detractors

Working at Wema Bank

Working at Wema Bank is rated highly by 70 employees, across various culture dimensions. Wema Bank employees are most satisfied about CEO Rating, Executive Team, and Leadership categories, putting Wema Bank’s culture in the Top 5% compared to similar sized companies on Comparably. See below in detail how working at Wema Bank was rated by employees.

Overall Company Culture at Wema Bank

A+

Overall Company Culture at Wema Bank is rated A+

Last updated 10 days ago

Top
5%

Wema Bank ranks in the Top 5% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score

Wema Bank Employee Reviews

Out of 74 Wema Bank employee reviews, 97% were positive. The remaining 3% were constructive reviews with the goal of helping Wema Bank improve their work culture.

97%
3%
Positive Reviews97%
Constructive Feedback3%

Positive Reviews From Wema Bank Employees

  • What did you like most about the interview process?
    It was all online real-time and seamless as the network was very friendly.
  • What makes you most happy at work?
    Knowing that the bank has basically all products that addresses every class of individual or business need thereby creating value for the society
  • What is most positive about the culture and environment at your company?
    The bonding and team spirit

Constructive Feedback From Wema Bank Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    As an outsourced staff, I feel deeply undervalued as we get to do most of the hardwork, in my zone I can count the number of supportive supervisors, some even frustrate efforts to satisfy customer and the level of victimization from dominant bosses should be checked. Teamwork makes growth possible
  • What needs to change to make the company culture better?
    Teamwork should be more emphasized. The goals, tasks, is more important than massaging people’s egos. Staff should also do more for one another by deliberately practicing teamwork and mutual respect. Supervisors should also be better trained to be more approachable. Work

Wema Bank Company Information

Wema Bank Company Overview

Provider of banking financial services. The company is a commercial bank providing various banking and financial services to corporate and individual customers. Its services include granting of loans and advances, corporate finance and money market activities.

Wema Bank Mission, Vision & Values

Wema Bank Mission Statement

Empowering lives through innovation

Wema Bank Vision Statement

To be the dominant digital platform in Africa delivering seamless financial services

Wema Bank Values

  • Think Passion
  • Think Progressive
  • Think Plenty
  • Think Partnership
  • Think Play
HeadquarterWema Towers, Lagos
100221
Nigeria
Websitewww.wemabank.com
Founding Date1945
Tel+23412778627
Company StatusPublic
Social Sites

Wema Bank Competitors

Wema Bank competitors include Zenith Bank, UBA Group, and Fidelity Bank. Wema Bank ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Wema Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Wema Bank's Logo
    Wema Bank
    4.7/5
  2. #2
    Zenith Bank's Logo
    Zenith Bank
    4.7/5
  3. #3
    UBA Group's Logo
    UBA Group
    3.6/5
  4. #4
    Fidelity Bank's Logo
    Fidelity Bank
    3.0/5

Wema Bank Employees

Wema Bank has 1011 employees. 70 employees at Wema Bank have reviewed Wema Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 10 days ago.

Overall, the 70 Wema Bank employees give their leadership a grade of A+, or Top 5% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.

Employees at Wema Bank are pleased with their total compensation at Wema Bank, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Wema Bank are extremely happy with their team. 70 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Wema Bank are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Wema Bank believe the environment at Wema Bank is positive. Most Participants believe the pace of work at Wema Bank is comfortably fast. About 30% of the employees at Wema Bank work 8 hours or less, while 5% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Wema Bank are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Wema Bank - Employee Onboarding

The prevailing opinion from Comparably users about their company is that it was very prepared on their first day. Employees concluded that their overall onboarding experience was positive. 73% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Wema Bank KPIs and OKRs

At this moment no Wema Bank employees have provided insight into whether or not they clearly understand Wema Bank's KPIs and OKRs.

AnswerPercent
Yes0%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Wema Bank Salaries

How much does Wema Bank pay?

How much do people at Wema Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Wema Bank is $111,883, or $53 per hour, while the estimated median salary is $116,983, or $56 per hour.

At Wema Bank, the highest paid job is a Group Product Manager at $180,156 annually and the lowest is a CS Rep at $46,631 annually. Average Wema Bank salaries by department include: Sales at $126,933, Design at $98,189, Product at $132,400, and Business Development at $113,622. Half of Wema Bank salaries are above $116,983.

21 employees at Wema Bank rank their Compensation in the Top 10% of similar sized companies (based on 63 ratings) while 21 employees at Wema Bank rank their Perks And Benefits in the Top 15% of similar sized companies (based on 21 ratings).

Last updated 21 days ago.

1st Percentile
$68k
$68k1st Percentile
17th Percentile
$90k
$90k17th Percentile
33rd Percentile
$116k
$116k33rd Percentile
50th Percentile
$164k
$164k50th Percentile
67th Percentile
$227k
$227k67th Percentile
83rd Percentile
$247k
$247k83rd Percentile
100th Percentile
$290k
$290k100th Percentile
$111,883*
Average Compensation
$116,983*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Wema Bank Salaries by Department

Explore Wema Bank Salaries

Diversity & Inclusion at Wema Bank

Diverse employees at Wema Bank score the company 81/100 across various culture categories, placing Wema Bank in the Top 15% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Wema Bank across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Wema Bank Perks & Benefits

Health & Wellness

  • Health Insurance
  • Gym Membership / Reimbursement

Paid Time Off

  • PTO / Vacation Policy
  • Maternity / Paternity Leave

Financial Benefits

  • Performance Bonus

Office Perks

  • Work From Home Policy

Wema Bank PTO

Wema Bank's PTO and Vacation policy typically gives 20-30 days off a year.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Wema Bank Careers

Wema Bank Jobs

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Frequently Asked Questions regarding Wema Bank

What is Wema Bank address?

Wema Bank location is at Wema Towers, Lagos

What is Wema Bank eNPS?

The eNPS for Wema Bank is 36

What is the salary for Senior Accountant in Wema Bank?

Senior Accountant average salary in the US is 85k

What are the salaries in the Engineering in Wema Bank?

The average salaries for Engineering in Wema Bank is 128k

How many employees work in Wema Bank?

Wema Bank has 1011 employees

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