09/03/2026
Professional Payment Structure
Rehoboth Royal Homes Ltd
1. Board of Directors
Payment Structure
Position
Payment Type
Board Chairman
Annual Allowance + Profit Share
Non-Executive Directors
Sitting Allowance + Dividend
Example
Board Sitting Allowance: ₦200,000 – ₦500,000 per meeting
Annual Profit Share: 1% – 3% of company profit
2. Managing Director / CEO
Component
Structure
Basic Salary
₦1,500,000 – ₦3,000,000 monthly
Project Profit Share
3% – 5%
Performance Bonus
Based on yearly revenue
Executive Allowances
Car, housing, travel
Example
If company project profit = ₦2 Billion
CEO share (3%) = ₦60 Million
3. Chief Operating Officer (COO)
Component
Structure
Basic Salary
₦800,000 – ₦1,500,000
Project Completion Bonus
₦1M – ₦5M
Operational Bonus
Based on project delivery
4. Chief Finance Officer (CFO)
Component
Structure
Basic Salary
₦700,000 – ₦1,200,000
Financial Performance Bonus
₦500k – ₦2M yearly
Professional Allowance
Certifications
5. Head of Land Acquisition
Component
Structure
Basic Salary
₦600,000 – ₦1,000,000
Land Deal Commission
1% – 2% of land value
Negotiation Bonus
₦200k – ₦1M per successful acquisition
Example:
Land acquired = ₦500M
Commission (1%) = ₦5M
6. Head of Sales & Marketing
Component
Structure
Basic Salary
₦500,000 – ₦900,000
Sales Commission
0.5% – 1% total team sales
Performance Bonus
₦500k – ₦3M quarterly
Example:
Team sells property worth ₦1 Billion
Commission (1%) = ₦10 Million
7. Legal & Compliance (Company Lawyer)
Component
Structure
Basic Salary
₦500,000 – ₦800,000
Documentation Fee
₦50k – ₦150k per property
Legal Retainer
Monthly
8. Project Management Department
Architects & Engineers
Salary
₦350,000 – ₦700,000
Project Bonus
₦200k – ₦1M
Construction Supervisors
Salary
₦250,000 – ₦450,000
Site Allowance
₦50k – ₦150k
9. Estate Management Department
Facility Manager
| Salary | ₦250,000 – ₦400,000 |
Property Maintenance Team
| Salary | ₦120,000 – ₦200,000 |
10. Accounting Department
Accountant
| Salary | ₦200,000 – ₦350,000 |
Audit Officer
| Salary | ₦200,000 – ₦350,000 |
11. Land Sourcing & Negotiation Team
Component
Structure
Basic Salary
₦150,000 – ₦300,000
Land Deal Commission
0.5% – 1%
Closing Bonus
₦100k – ₦500k
12. Survey & Title Officers
Salary
₦200,000 – ₦400,000
Documentation Bonus
₦50k – ₦150k
13. Sales Team
This is the most commission-driven department.
Component
Structure
Basic Salary
₦100k – ₦200k
Sales Commission
3% – 7%
Deal Bonus
₦50k – ₦200k
Example:
Property sold = ₦40M
Commission (5%) = ₦2M
14. Digital Marketing
Component
Structure
Basic Salary
₦150k – ₦300k
Lead Conversion Bonus
₦20k – ₦100k per client
15. Customer Relations
Component
Structure
Salary
₦120k – ₦250k
Client Retention Bonus
₦50k – ₦200k
Standard Allowances for Staff
Most real estate companies also provide:
Transport Allowance
Communication Allowance
Housing Allowance (Senior staff)
Health Insurance
Annual Performance Bonus
✅ Professional Real Estate Salary Formula
Monthly Pay = Basic Salary + Commission + Bonus + Allowances