Nigeria Employee Salary Survey 2012

22
Salary Survey 2012

description

Jobberman.com, Nigeria's No.1 jobs website recently concluded its Salary Survey, where more than 10,000 professionals across the public and private sectors shared the most critical information about their career and workplace, building a remarkably detailed picture of compensation in the workplace landscape in Nigeria. The questions were administered online on the Jobberman website and other digital channels which set an important context for the results: the respondents to this survey have some form of access to the internet. A total of 10,980 people participated in the survey and thus make up the sample space. The respondents cut across different industries, levels of education attained, skill sets and years of experience on the job.

Transcript of Nigeria Employee Salary Survey 2012

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Salary

Survey 2012

Jobs in Nigeria

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Introduction

2012 marks the 1st Annual Jobberman Salary Survey, where more than 10,000 professionals

across the public and private sectors have shared the most critical information about their

career and workplace, building a remarkably detailed picture of compensation in the workplace

landscape in Nigeria.

Jobberman‟s Annual Salary Survey was originated from the enormous amount of feedback we

received from employers and jobseekers in Nigeria about the lack of transparency and

available information on salaries and remuneration trends in the country.

This survey was carried out as an inquisition into the world of employees in the Nigerian

context in order to give Nigerians an idea of the income level of colleagues in many industries

and job functions.

Our hundreds of thousands of jobseeking members and employers also wanted to understand

the role of additional benefits, allowances, commissions and any other workplace practices in

understanding Nigerian remuneration levels as a whole.

The survey was carried out by Jobberman.com, Nigeria‟s leading job website. The questions

were administered online on the Jobberman website and other digital channels which set an

important context for the results: the respondents to this survey have some form of access to

the internet. A total of 10,980 people participated in the survey and thus make up the sample

space. The respondents cut across different industries, levels of education attained, skill sets

and years of experience on the job.

We hope you find our Salary Survey helpful, and we would like to thank all who participated,

starting a dialogue that we expect to continue for many years.

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Executive Summary

How much do workers really make? What sector was the worst paying? To answer these

questions, we spoke with over 10,000 professionals from around Nigeria. These together with

our statistical analyses, provide a unique perspective on the workforce compensation landscape

in Nigeria.

Key Findings

The average remuneration level for Nigerians is between 50-100,000

There is gender disparity in most industries

There is an unexploited opportunity for employers to retain great talent by broadening the

range of ancillary benefits for employees beyond basic and statutory pay

Our survey revealed several other interesting and unexpected findings:

The overwhelming majority of respondents have spent less than two years on their jobs.

The median number of years spent on the job is between 3 and 5 years.

The median income is between N51,000 and N100,000 and about 69% of professionals

earn N100,000 per month or less. The male gender appears to be paid higher than the

females.

About 70% of professionals do not receive any form of allowance, bonus, commissions, or

any other form of extra benefit from their employers while 30% receive extra benefits in

various forms.

Employees in the Oil & Gas industry are the best paid, followed by their counterparts in

the banking / financial services industry. The highest proportion of professionals that are

least paid, or that earn less than N20,000 per month are those in the Education industry.

Master’s degree holders account for the highest proportion of those that earn N1, 000,000

and above, followed by Bachelor‟s degree holders. Only 0.7% of those earning above N1,

000,000 per month are PHD holders. The largest proportions of highly paid professionals are

those who have spent above 8 years on their jobs. 57% of those who earn above N1, 000,000

have spent over 8 years on the job.

The most commonly employed skill set among respondents is Accounting/Finance,

followed by Administrative skills and then IT skills. The least common skill sets include

Executive / Top management, Hospitality / Leisure / Travels, Real estate and NGO related

skills.

In general, most workers’ roles are not related to their course of study. 73% of the

professionals in the Legal industry actually studied Law, making the Legal industry the most

consistent employer with respect to employees‟ field of study.

37% of respondents who participated are in desperate need to change jobs, 36% could be

tempted to move or change jobs if the opportunity arose while only 12% are happily

employed. More males than females appear to be “happily employed” and still “could be

tempted to move”, while more females than males are dissatisfied with their current jobs.

The proportion of females with either a Bachelor’s degree or HND is more than that of

males. Seven out of ten professionals that carried out the Survey were males, and yet more

females have a Bachelors or an HND qualification.

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The greatest proportion of respondents have sciences and engineering as their major while fields like Law, Real estate and property related courses have the least number of

professionals. Fields like Law, Sciences and Education have a greater proportion of females.

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How our Research was conducted

This study is the 1st edition of our Salary Survey series. This year‟s research is based on

surveys of 10,980 professionals from all over Nigeria. Jobberman conducted 100% of these

surveys online.

As part of our research, we sought to understand the most critical elements responsible for

Salary variations across gender, industries, specialization and educational attainment.

Throughout our analysis, we looked for insights that will be useful for employees, companies

and even students who have started nursing the idea of a „Career‟.

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Gender

Out of the 10,980 respondents to the survey, there were 74% males and 26%

females.

Educational Qualification

The highest proportion of respondents are Bachelor‟s degree holders (53% of

respondents) while the least group of respondents are PHD holders (which made

up 1% of the respondents).

About 68% of our respondents have some form of tertiary education (either HND

or Bachelor‟s) and on a cumulative basis, 83% have a minimum educational

qualification of either a HND or Bachelor‟s degree.

Gender (sex) Actual %

Male 74%

Female 26%

Total 100%

Educational Qualification Actual %

High School 6%

OND/NCE/Diploma 11%

HND 15%

Bachelor‟s Degree 53%

Masters 14%

PHD 1%

Total 100%

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6% 11% 15%

53%

14% 1% 0%

10%

20%

30%

40%

50%

60%

The proportion of females with either a Bachelor‟s degree or HND is more than

that of males with the same qualification.

Educational Qualification %

Male Female

High School 8% 4%

OND/NCE/Diploma 16% 13%

HND 16% 18%

Bachelor‟s Degree 45% 51%

Masters 13% 12%

PHD 1% 1%

Non response 1% 2%

Total 100% 100%

Distribution of respondents by Highest Educational Qualification

The proportion of

females with either a

Bachelor‟s degree or

HND is more than that

of males.

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17%

17%

16%

14%

10%

8%

6%

5%

4%

2%

2%

0% 5% 10% 15% 20%

Sciences

Engineering

Accounting

Others

Economics and related courses

Humanities related courses

Arts and related courses

Education

Healthcare

Law

Real Estate & Property related…

Education Major

This refers to the respondents‟ primary field as described by his or her major

course of study or field of qualification. The greatest proportion of respondents

have sciences and engineering as their major while fields like Law, Real estate

and property related courses have the least number of respondents.

Despite the fact that the ratio of male to

female participation in the survey (74%: 26%) is skewed in favour of the males,

the proportion of females outweighs that of the males in almost all fields except

engineering. Fields like Law, Sciences and Education have a greater proportion

of females; as shown below.

Distribution of respondents by Education Major

Fields like Law, Sciences

and Education have a

greater proportion of

females.

Distribution of respondents by Education Major and Gender

15%

5%

10%

6%

21%

4%

7%

1% 2%

14% 13%

15%

8%

10% 9%

4% 6%

9%

4% 3%

18%

11%

0%

5%

10%

15%

20%

25%Male Female

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35% 33%

13% 19%

0%

10%

20%

30%

40%

1 - 2 3 - 5 6 - 8 Above 8

15%

39%

12% 30%

11%

37%

15%

34%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Happily employed Could be tempted tomove if there is a better

offer

Looking from time totime

Get me outta here! Ineed a better job.

Female Male

Years on the Job

Majority of respondents to this survey have spent less than two years on their

jobs. As shown below, 35% have spent between one and two years on the job,

33% between 3 to 5years, 13% between 6 and 8 years and 19% have spent over 8

years on the job.

The median number of years spent on the job is between 3 and 5 years.

Job Search Status

The largest proportion of respondents (37%) is in desperate need to change jobs,

36% could be tempted to move or change jobs if the opportunity arose while

only 12% are happily employed.

Job Search Status Actual %

Happily employed 12%

Could be tempted to move with a better offer 36%

Looking from time to time 15%

Get me outta here! I need a better job 37%

Non response

100%

More males than females appear to be in the “happily employed” and “could be

tempted to move” category, while more females than males are dissatisfied with

their current jobs.

Distribution of respondents by Number of Years on the Job

More males than females

appear to be happily

employed.

More males than females

could be tempted to change

jobs if they had other

offers.

Distribution of respondents by Job Search Status and Gender

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13%

12%

10%

9%

9%

8%

6%

6%

6%

4%

4%

4%

3%

3%

2%

1%

1%

0% 5% 10% 15%

ICT / Telecommunications

Banking / Financial…

Government

Others

Education

Oil & Gas / Mining

Manufacturing /…

Construction / Real Estate

Advertising / Media

Healthcare

Consulting

Trade / Services

FMCG

Logistics / Transportation

NGO

Legal

Retail / Wholesales

14%

29% 26% 17%

7% 6% 1% 0%

10%

20%

30%

40%

Less thanN20,000

Between N21,000 andN50,000

Between N51,000 andN100,000

BetweenN101,000 and

N200,000

Between N201,000 andN300,000

Between N300,000 andN1,000,000

N 1,000,000and above

Industry

Respondents to this survey cut across various industries from ICT/Telecomm to

financial services, FMCG, Oil and Gas, to Government or public sector.

Monthly Income before Tax

29% of respondents earn between N21,000 and N50,000 (which is the largest

proportion of respondents), 26% earn between N51,000 and N100,000 while

only 1% earn over N1,000,000 per month (as expected). The median income is

between N51,000 and N100,000 and about 69% of respondents earn N100,000

per month or less.

e

Distribution of respondents by Industry

Distribution of respondents by Monthly Income

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66%

30%

73%

23%

0%

20%

40%

60%

80%

Below 100,000 Above 100,000

Male Female

Bonuses 30%

None 70%

Other Allowances, Commissions

Of the 10,980 respondents, about 70% do not receive any form of allowance,

bonus, commissions, or any other form of extra benefit from their employers

while 30% receive extra benefits in various forms.

Other allowances %

Allowances, Bonus, commissions 30%

None 70%

100%

The male gender

appears to be paid

higher than the

females.

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Skill Sets Employed on the Job

The most commonly employed skill set is Accounting / Finance, 17%, followed

by Administrative skills and IT skills 11%. The least common skill sets include

Executive / Top management, Hospitality / Leisure / Travels, Real estate and

NGO related skills.

Skill sets employed on the job Actual %

Accounting / Finance 17%

Administrative 11%

IT Skills 11%

Sales / Marketing / Bus. Dev. 9%

Engineering 8%

Teaching / Education 7%

Customer Service 6%

Others 6%

Healthcare / Pharmaceuticals 4%

Human Resources 4%

Factory/Manufacturing Industry 3%

Media / Public Relations /

Advertising 3%

Project Management 3%

Construction / Building 3%

Legal 2%

Executive / Top Management 1%

Hospitality / Leisure / Travels 1%

Real Estate related skills 1%

NGO 1%

Non Response

100%

Distribution of respondents by Skill sets Employed

17%

11%

11%

9%

8%

7%

6%

6%

4%

4%

3%

3%

3%

3%

2%

1%

1%

1%

1%

0% 5% 10% 15% 20%

Accounting / Finance

Administrative

IT Skills

Sales / Marketing / Bus. Dev.

Engineering

Teaching / Education

Customer Service

Others

Healthcare / Pharmaceutica

Human Resources

Factory/Manufacturing…

Media / Public Relations /…

Project Management

Construction / Building

Legal

Executive / Top Management

Hospitality / Leisure / Travels

Real Estate related skills

NGO

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How much do workers really make?

Monthly Income across Industry

The table below is a cross sectional view of the monthly income before tax and

the different industry classifications.

% Monthly Income

Industry

Less

than

N20,000

Between

N 21,000

and

N50,000

Between

N 51,000

and

N100,000

Between

N101,000

and

N200,000

Between

N 201,000

and

N300,000

Between

N 300,000

and

N1,000,000

N

1,000,000

and above

ICT /

Telecommunications 9% 10% 16% 13% 15% 18% 18%

Banking / Financial

Services 6% 10% 12% 16% 22% 20% 15%

Government 9% 13% 11% 9% 5% 4% 5%

Others 14% 12% 8% 6% 4% 4% 11%

Education 21% 10% 6% 5% 2% 2% 1%

Oil & Gas / Mining 3% 3% 6% 11% 17% 22% 22%

Manufacturing /

Production 5% 7% 7% 5% 3% 4% 2%

Construction / Real

Estate 4% 6% 8% 6% 4% 4% 3%

Advertising / Media 11% 6% 5% 5% 4% 3% 4%

Healthcare 3% 3% 4% 7% 7% 4% 3%

Consulting 3% 4% 4% 4% 3% 4% 3%

Trade / Services 5% 4% 3% 3% 2% 2% 1%

FMCG 1% 2% 3% 4% 4% 5% 4%

Logistics /

Transportation 1% 3% 2% 4% 2% 2% 1%

NGO 3% 2% 2% 2% 3% 2% 3%

Legal 1% 2% 1% 2% 0% 0% 1%

Retail / Wholesales 1% 2% 1% 0% 1% 1% 1%

Total 100% 100% 100% 100% 100% 100% 100%

As shown in the table above, the highest proportion of respondents that are least

paid, or that earn less than N20,000 per month are those in the Education

industry. 13% of those that earn between N51,000 and N100,000 are in the

Government sector, the banking and financial services industry has the largest

proportion of those that earn between N101,000 and N300,000 while Oil & Gas / Mining has the largest proportion of those that earn N300,000 and above.

In essence, employees in the Oil & Gas industry are the best paid, followed by

their counterparts in the banking / financial services industry.

Employees in the

Education sector

are the least paid.

Employees in the

Oil & Gas

industry are the

highest paid.

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5% 6%

6%

34%

47%

2%

High School

OND/NCE/Diploma

HND

Bachelors Degree

Masters

PHD

Does Education make a difference to wages?

The table below is a cross sectional view of the monthly income before tax and

the different levels of educational qualifications.

In all classifications of monthly income except the last (N1, 000,000 and above),

Bachelor‟s degree holders have the largest representations. In other words, the

highest proportion of those that earn less than N20,000 a month are Bachelor‟s

degree holders, and the same can be said for those who earn between N21,000

and N1,000,000.

For those that earn N1, 000,000 and above, the Master‟s degree holders have the

highest proportion – 48% followed by Bachelor‟s degree holders – 38%. Also,

amongst respondents that earn above N1, 000,000 per month, only 0.7% are

PHD holders.

% Monthly Income

Educational

Qualification

Less

than

N20,000

Between

N 21,000

and

N50,000

Between

N 51,000

and

N100,000

Between

N101,000

and

N200,000

Between

N 201,000

and

N300,000

Between N

300,000 and

N1,000,000

N

1,000,000

and above

High School 24% 6% 2% 1% 2% 0.3% 5.4%

OND/NCE/Diploma 24% 17% 7% 2% 1% 2% 7.4%

HND 13% 19% 20% 12% 9% 7% 6.8%

Bachelor‟s Degree 37% 53% 59% 59% 53% 45% 31.8%

Masters 3% 5% 11% 24% 34% 42% 48.0%

PHD 0.3% 0.2% 0.3% 1% 1% 3% 0.7%

Total 100% 100% 100% 100% 100% 100% 100%

Distribution of respondents that earn N1, 000,000 and above per month

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Is there a correlation between job hunting urgency and current

pay?

% Monthly Income

Job search status

Less

than

N20,000

Between

N 21,000

and

N50,000

Between

N 51,000

and

N100,000

Between

N101,000

and

N200,000

Between

N

201,000

and

N300,000

Between

N 300,000

and

N1,000,000

N

1,000,000

and

above

Happily employed 18.8% 10.4% 9.2% 10% 9% 16% 21.2%

Could be tempted to move

if there is a better offer 21.2% 33.5% 35.7% 46% 49% 52% 45.2%

Looking from time to time 12.1% 12.5% 17.0% 17% 20% 15% 13.7%

Get me outta here! I need a

better job. 47.8% 43.7% 38.2% 27% 22% 17% 19.9%

Total 100% 100% 100% 100% 100% 100% 100%

The largest proportion of respondents that earn N100,000 and below (including

those who earn less than N20,000 per month) are dissatisfied with their current

jobs are in desperate search for a change of jobs.

On the other hand, the greater proportion of respondents that claim to be happily

employed earn N1,000,000 and above. In line with the human nature however,

respondents that earn N201,000 and above have the highest proportion of those

who could be tempted to move if they had better offers.

Remarkably, even those who earn above N1,000,000 per month (45.2% of

them!) could be tempted to move if they had better offers.

Is there a relationship between Monthly Income and Number of Years on the Job?

% Monthly Income

Years on the job

Less

than

N20,000

Between

N 21,000

and

N50,000

Between

N 51,000

and

N100,000

Between

N101,000

and

N200,000

Between

N

201,000

and

N300,000

Between

N 300,000

and

N1,000,000

N

1,000,000

and above

1 - 2 55.2% 43.0% 43.0% 23.7% 13.2% 9.4% 9.9%

3 - 5 30.8% 36.5% 36.5% 31.4% 30.2% 19.5% 21.1%

6 - 8 8.3% 10.4% 10.4% 18.6% 18.5% 18.8% 12.0%

Above 8 5.7% 10.1% 10.1% 26.3% 38.1% 52.3% 57.0%

Total 100% 100% 100% 100% 100% 100% 100%

Amongst

respondents that

earn above

N1million per

month, only 0.7%

are PHD holders!

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The greater proportion of respondents who earn N100,000 and below are those

who have the least number of years of experience. 31.4% of respondents who

earn between N101,000 and N200,000 have spent 3 to 5 years on the job.

The largest proportions of highly paid respondents are those who have spent

above 8 years on their jobs. 57% of those who earn above N1, 000,000 have

spent over 8 years on the job.

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Variations of Industry classification

Industry

Education Major

ICT

/

Telec

omm

s

Banking

Financial

Services

Govern

ment

Others

Educati

on

Oil &

Gas /

Mining

Manufac

turing /

Producti

on

Constru

ction /

Real

Estate

Advertis

ing /

Media

Healthcare

Consul

ting

Trade /

Services

FMC

G

Logistics /

Transport

ation

NGO Legal

Retail

/

Whole

sales

Sciences 28

% 13% 22% 14% 23% 16% 18% 8% 12% 17% 16% 14% 18% 11% 16% 2% 15%

Engineering 31

% 8% 8% 11% 8% 39% 30% 33% 5% 3% 21% 12% 16% 10% 6% 1% 12%

Accounting 8% 29% 13% 17% 8% 12% 20% 10% 22% 5% 20% 20% 18% 18% 19% 6% 18%

Others 14

% 13% 13% 26% 8% 11% 10% 11% 15% 7% 12% 14% 13% 21% 15% 9% 20%

Economics and

related courses 7% 20% 9% 9% 7% 8% 10% 5% 7% 2% 11% 16% 19% 16% 7% 1% 14%

Humanities

related courses 7% 7% 11% 8% 7% 7% 6% 4% 15% 5% 11% 9% 9% 13% 16% 2% 6%

Arts and related

courses 3% 5% 6% 7% 7% 3% 4% 3% 22% 2% 3% 8% 3% 5% 7% 5% 8%

Education 1% 1% 8% 4% 29% 1% 2% 0% 1% 0% 2% 2% 1% 2% 3% 1% 6%

Healthcare 0% 1% 5% 1% 1% 1% 2% 0% 1% 59% 0% 2% 2% 0% 8% 0% 0%

Law 1% 2% 3% 2% 1% 2% 1% 1% 0% 0% 1% 1% 0% 2% 3% 73% 1%

Real Estate 1% 1% 1% 1% 1% 1% 0% 24% 0% 0% 2% 1% 0% 1% 0% 0% 2%

Total 100

% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

100

% 100% 100% 100%

100

%

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2% 1%

6%

9% 1% 2%

5%

1%

73%

Sciences

Engineering

Accounting

Others

Economics and relatedcoursesHumanities relatedcoursesArts and related courses

Education

Healthcare

17%

3%

5%

7%

2% 5%

2%

59%

Sciences

Engineering

Accounting

Others

Economics and relatedcourses

Humanities relatedcourses

Is there a connection between Monthly Income and Education

Major?

The table above shows a cross sectional view of industry and the respondents

education major. Ideally, a respondent‟s education major should determine the

industry classification he or she is employed in. Though that is not entirely the

case here, the figures show some level of consistency between the education

major of respondents and the industry classification in which they are employed.

In summary, majority of respondents employed in Mining, construction and real

estate industry are engineering majors (as shown in the highlighted cells on the

table above), 59% in healthcare industry are actually majors in healthcare, etc.

Remarkably, 73% of the respondents in the Legal industry actually studied Law,

making the Legal industry the most consistent employer with respect to

employees‟ field of study. Also, the biggest proportions of respondents in the

NGO industry are accounting majors.

Most workers’ roles are not

related to their course of

study.

The Legal industry is the

most consistent employer

with respect to employees’

field of study

Distribution of respondents in the Legal Industry

Distribution of respondents in the Healthcare Industry

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Acknowledgements

We would like to thank the 10, 980 people from all over Nigeria who

generously shared their time in completing the survey. Their data

points weaved the compelling insights that make up this survey.

We would also like to acknowledge the contributions of the

Jobberman Team that worked on this Salary Survey.

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About Jobberman.com

Jobberman.com is a clear market leader in the jobs category in West Africa,

Jobberman is ranked as the #3 Nigerian content website overall by Alexa.com

and the #1 website in the jobs category by Alexa.com.

Operating in all the major cities in Nigeria, with a very long list of industry

accolades and strategic partnerships with nearly all of Nigeria‟s major media

companies, Jobberman is now the largest jobs website in sub-Saharan Africa in

traffic and membership outside of South Africa. In February 2012, Jobberman

got named as #8 in Forbes Magazine Top 20 Tech Start-ups in Africa.

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For further information

To find out more about this survey, please send an email to the Data &

Analytics Team at [email protected] or contact one of the

following Data Leaders below:

Nkemdilim Isiakpona

[email protected]

+234. 806.832.6394

Opeyemi Awoyemi

[email protected]

+234.803.838.3146

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Jobberman Limited

#1, Abimbola Okulaja Close

Off Oladimeji Alo Street

Lekki Phase I

Lagos, NIGERIA

Nicon Insurance Plaza

2nd

Floor

Central Business Area

Abuja, NIGERIA

The Jobberman home page can be found at

Jobberman.com

Jobberman and Jobberman logo are

trademarks of Jobberman Limited.

Other company, product and service names

may be trademarks or service marks of

others.

©Copyright Jobberman Limited 2012

All Rights Reserved.