In Nigeria’s dynamic economic climate, various factors compete for our attention. Daily distractions range from social media and entertainment to the unifying power of football.
elements offer a welcome respite, particularly in the face of rising inflation, it’s crucial not to lose sight of the core challenges impacting Nigerian workers.
This report delves into the current state of the employed Nigerian, specifically focusing on the interconnected issues of productivity and compensation.
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The Big Numbers
To prepare you, here are the major numbers being broken down in this report:
Total Respondents
775
Employment-Population Ratio
39%
Minimum
age (4 years)
#15500
Number of Industries
15
The Employed
employed /ɪmˈplɔɪd/ adjective: employed – (of a person) having a paid job verb past tense: employed; past participle: employed – give work to (someone) and pay them for it
We ventured into the bustling streets of Lagos, a diverse cross-section of Lagos’ LGA, to meet with 1,500 working individuals, to speak to them about their work, their pay, and how the state of their living has changed since the previous year.
The results, as varied as they were, reveal their experiences and challenges.
01
Age and Pay
02
Multiple Income Streams, Still Not Enough
03
Saving Habits & Changing Priorities
04
Enjoyment Scarcity
05
State of Productivity
06
Financial Wellness & Fulfilment
07
Is The ‘Competitive Salary’ Winning?
08
Gender Pay Gap
09
Work Style
10
The Employer
Download the Report
The findings of this report underscore the financial strain faced by employed Nigerians. This highlights the urgent need for innovative solutions, such as earned wage access, to provide financial relief and support the well-being of Nigerian workers.
For a deeper dive into the data and specific figures, refer to the full report:
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Turn Insights into Action
Our “State of The Employed” report reveals that 70% of employees lack access to financial support from their employers. With PaidHR’s Earned Wage Access, you can offer your team instant access to part of their salary anytime—at no extra cost to your organization.