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 Working life in SWIFT, How you find working with SWIFT

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say_it
post Mar 12 2017, 03:14 PM

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yea I do notice their pay range is way below compare to others and it is never appear in my jobstreet alert biggrin.gif
kevler
post Mar 12 2017, 05:28 PM

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QUOTE(sasa0914 @ Mar 11 2017, 09:20 PM)
is SWIFT hiring foreigners?
*
Yes they do, i reckon.

Pay rate will be same as local. That's what i understand.. Including their perks as well.

QUOTE(say_it @ Mar 12 2017, 03:14 PM)
yea I do notice their pay range is way below compare to others and it is never appear in my jobstreet alert biggrin.gif
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I can't agree more on this.

You have to be either manager or head of department to earn that.
sasa0914
post Mar 12 2017, 08:56 PM

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Thanks, @kevler
mclseuxp
post Mar 23 2017, 10:48 PM

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Keep hiring non stop meaning finding cheaper slaves from the market to replace their existing employees.

Mean they probably practicing "churn and burn" management tactics.

They will probably make use of some kind of so call mgmt methodology to remove their existing employees to be replace by cheaper one.


kevler
post Mar 24 2017, 10:20 AM

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QUOTE(sasa0914 @ Mar 12 2017, 08:56 PM)
Thanks, @kevler
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No prob. Anytime.

QUOTE(mclseuxp @ Mar 23 2017, 10:48 PM)
Keep hiring non stop meaning finding cheaper slaves from the market to replace their existing employees.

Mean they probably practicing "churn and burn" management tactics.

They will probably make use of some kind of so call mgmt methodology to remove their existing employees to be replace by cheaper one.
*
Yes..i cannot agree more on this.

We , salary people, already aware in this.

Thus..re-skilling and adopt/learn new tech is a must/compulsory..so the affected employee(s) will be prepared..mentally and physically

Even me myself thinking to register for online courseware with MIT for computer science . You know..problem solving is not all about programming.. it is the art of how we solve the problem. Not a problem.


rooney723
post Apr 1 2017, 09:41 PM

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QUOTE(diy03 @ Mar 10 2017, 11:02 AM)
Yeah this is why most of the high qualification candidate won't join this company. If you are selected to join swift, don't so happy, most probably the salary they offer you is below market price. biggrin.gif
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is it? i do see many ppl wif high qualifications and highly skilled here, your 'fren' must be smoking some weed i guess

and my salary is well above average for my experience and position biggrin.gif

QUOTE(mclseuxp @ Mar 23 2017, 10:48 PM)
Keep hiring non stop meaning finding cheaper slaves from the market to replace their existing employees.

Mean they probably practicing "churn and burn" management tactics.

They will probably make use of some kind of so call mgmt methodology to remove their existing employees to be replace by cheaper one.
*
they are aggressively expanding now, that is why they non stop hiring, turnover is low over here, dont simply bullshit if u duno what is happening in this company
kevler
post Apr 2 2017, 07:02 AM

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QUOTE(mclseuxp @ Mar 23 2017, 10:48 PM)
Keep hiring non stop meaning finding cheaper slaves from the market to replace their existing employees.

Mean they probably practicing "churn and burn" management tactics.

They will probably make use of some kind of so call mgmt methodology to remove their existing employees to be replace by cheaper one.
*
first you have to understand why they opened their office here in KL . not just swift , but every companies that set up here in KL.

secondly , retrenchment would not be affected here in KL , at least for now . Currently all around the world were in the midst of bringing down numbers of employee to reduce the cost (like pensions,re-skilling,perks and benefits) . some companies need to achieve target to employ 1-5 new talents every month .like in other European country , their target is to reduce at least -5 existing employees

For example , can you imagine if we (senior level) could receive the same benefit from Europe (like company car that can be replace every 4-5 years , including maintenance , gas , tyres and so forth) ? I bet you wont , unless you are good . sorry not "good" , But , damned good .

how to survive in this wave ? i have told in my prior post. Re-skilling . learn new tech , be certified on something (AWS,RHCE,ISQTB, and so forth)

even me myself have to re-learn about problem solving foundation via online courseware in edX.org.

so , i could stay valued in the company . Else i can move on without any heartbreak.

QUOTE(rooney723 @ Apr 1 2017, 09:41 PM)
is it? i do see many ppl wif high qualifications and highly skilled here, your 'fren' must be smoking some weed i guess

and my salary is well above average for my experience and position biggrin.gif
they are aggressively expanding now, that is why they non stop hiring, turnover is low over here, dont simply bullshit if u duno what is happening in this company
*
hmm for this part , i would like to advise you to re-look at my post here

put this in your mind , tightly :-

Reminiscing those times... job offers, increment, adjustments were based on X% of last salary. It plays well with the employers until they found out they can't beat the market especially when talents keep thinning through attrition.

yes , even Swift unable to beat market . they have to do some technique to allure the candidate and the art of persuasion, by giving them so-called work life balance , benefits and perks , travel to the parent company every year. Yes , it works , especially for newbies and fresh grads. But not for experienced professional who worked 10-15 years as they seen already the pro/cons on their salary increment and career advancement.

imagine the candidate who received salary like around 20k per month , in ringgit. after several vetting process , yes he was received that chunk of money on his prior employer . but the potential employer unable to pay because it is HR to make the call. They have to offer around 10k only which is quite unsatisfied. Why?

Because they need to control this . They unable to beat the global market . usually 20k is for somebody working as country manager. Even Head or department should not getting that figure.

i have advised my colleague who's already achieved that salary ceiling ..to spread his wing to another country , and from there , he will know what is "sky is the limit" all about.

rooney723
post Apr 3 2017, 08:32 PM

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QUOTE(kevler @ Apr 2 2017, 07:02 AM)
first you have to understand why they opened their office here in KL . not just swift , but every companies that set up here in KL.

secondly , retrenchment would not be affected here in KL , at least for now . Currently all around the world were in the midst of bringing down numbers of employee to reduce the cost (like pensions,re-skilling,perks and benefits) . some companies need to achieve target to employ 1-5 new talents every month .like in other European country , their target is to reduce at least -5 existing employees

For example , can you imagine if we (senior level) could receive the same benefit from Europe (like company car that can be replace every 4-5 years , including maintenance , gas , tyres and so forth) ? I bet you wont , unless you are good . sorry not "good" , But , damned good .

how to survive in this wave ? i have told in my prior post. Re-skilling . learn new tech , be certified on something (AWS,RHCE,ISQTB, and so forth)

even me myself have to re-learn about problem solving foundation via online courseware in edX.org.

so , i could stay valued in the company . Else i can move on without any heartbreak.
hmm for this part , i would like to advise you to re-look at my post here

put this in your mind , tightly :-

Reminiscing those times... job offers, increment, adjustments were based on X% of last salary. It plays well with the employers until they found out they can't beat the market especially when talents keep thinning through attrition.

yes , even Swift unable to beat market . they have to do some technique to allure the candidate and the art of persuasion, by giving them so-called work life balance , benefits and perks , travel to the parent company every year. Yes , it works , especially for newbies and fresh grads. But not for experienced professional who worked 10-15 years as they seen already the pro/cons on their salary increment and career advancement.

imagine the candidate who received salary like around 20k per month , in ringgit. after several vetting process , yes he was received that chunk of money on his prior employer . but the potential employer unable to pay because it is HR to make the call. They have to offer around 10k only which is quite unsatisfied. Why?

Because they need to control this . They unable to beat the global market . usually 20k is for somebody working as country manager. Even Head or department should not getting that figure.

i have advised my colleague who's already achieved that salary ceiling ..to spread his wing to another country , and from there , he will know what is "sky is the limit" all about.
*
all i can say is, i got a pretty good offer frm swift n i oni hav a few years of experience. im still a long way frm the 10-15 years experience, so i will hav to see after 10 years of working and see how it goes

but for nw, swift is already very good if compared to others, many companies that used to be good last time hav gone bad now due to change in management. Experian hav turned bad, Quintiq hav turned bad (they used to hav very good reviews last time, but not anymore) while for swift, its still good here. i hav asked many seniors and old timers how is swift and all of them say its good n they hav no complains. the first batch of swifters, most of them are still here today

for the salary part, mayb u are right, swift cannot pay high salary/career advancement for very experience staffs. but for juniors and seniors like me, the salary is above market average and by the time i hav 10 years experience, mayb i will plan to leave swift and join other companies, rarely ppl will stay in a company until they retire. if a better offer comes, of course i will take it smile.gif


Refuzed
post May 18 2017, 07:19 AM

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QUOTE(rooney723 @ Apr 3 2017, 08:32 PM)
all i can say is, i got a pretty good offer frm swift n i oni hav a few years of experience. im still a long way frm the 10-15 years experience, so i will hav to see after 10 years of working and see how it goes

but for nw, swift is already very good if compared to others, many companies that used to be good last time hav gone bad now due to change in management. Experian hav turned bad, Quintiq hav turned bad (they used to hav very good reviews last time, but not anymore) while for swift, its still good here. i hav asked many seniors and old timers how is swift and all of them say its good n they hav no complains. the first batch of swifters, most of them are still here today

for the salary part, mayb u are right, swift cannot pay high salary/career advancement for very experience staffs. but for juniors and seniors like me, the salary is above market average and by the time i hav 10 years experience, mayb i will plan to leave swift and join other companies, rarely ppl will stay in a company until they retire. if a better offer comes, of course i will take it smile.gif
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Hi rooney,

Can you share what is the average salary increment % for this company?

Also there is the performance bonus. How much in average can one look at?

Thanks!


fadz8L
post Jul 6 2017, 12:58 PM

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I just applied several posts from their LinkedlIn and their website.

How long usually they would take in order to get back to me ?

any ideas ?
kevler
post Jul 7 2017, 06:22 PM

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QUOTE(fadz8L @ Jul 6 2017, 12:58 PM)
I just applied several posts from their LinkedlIn and their website.

How long usually they would take in order to get back to me ?

any ideas ?
*
Their recruiter will revert back to you , once everything ok from their end .
Nivethitha
post Aug 23 2017, 06:08 PM

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Has anyone appeared for java interview recently. Pls shower some light on written test. Sample qns pls
Nivethitha
post Aug 23 2017, 06:22 PM

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QUOTE(gratfe @ Apr 6 2015, 01:10 PM)
Hi,
I had applied for associate web developer position. Passed first round java test. Called in for 2nd round. Does anyone here know what is asked in 2nd round? What is 2nd round technical test all about? Do share.
Thanks
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Can you please share the questions asked in written test.
Xhaan
post Aug 29 2017, 09:28 AM

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Hi Everyone,

I've found this thread quite useful regarding SWIFT interview process. Recently I've applied for Data warehouse developer position and gone through 5 round of test so far -

1) Written test - technical
2) HR
3) Hiring Manager
4) Product Team from Belgium HQ
5) Backend Lead From Belgium HQ

After stage 3 HR has confirmed me that I've selected for the position, since there are couple of position availavle they want to discuss more about my skills so that they have arranged 2 more session with HQ team. I've tried to reach HR, so far no response from there. Anyone have such experience get rejected after so many round or how long they took usually to release the offer letter or are they informed back to the applicant if they not been selected?

Thanks

This post has been edited by Xhaan: Aug 29 2017, 09:33 AM
nova80
post Aug 29 2017, 01:55 PM

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Appreciate if anyone can share their experience with Swift KL.

What KL office do? Do they directly serve belgium HQ, or local/Asian clients?
Development team work cross country on single product?
Midnight conference with HQ office?
BLABLAsheep
post Aug 29 2017, 11:20 PM

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you can find some reviews in Glassdoor specific to KL
kevler
post Aug 30 2017, 07:49 AM

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QUOTE(Xhaan @ Aug 29 2017, 09:28 AM)
Hi Everyone,

    I've found this thread quite useful regarding SWIFT interview process. Recently I've applied for Data warehouse developer position and gone through 5 round of test so far -

1) Written test - technical
2) HR
3) Hiring Manager
4) Product Team from Belgium HQ
5) Backend Lead From Belgium HQ

  After stage 3 HR has confirmed me that I've selected for the position, since there are couple of position availavle they want to discuss more about my skills so that they have arranged 2 more session with HQ team. I've tried to reach HR, so far no response from there. Anyone have such experience get rejected after so many round or how long they took usually to release the offer letter or are they informed back to the applicant if they not been selected?

Thanks
*
Usually recruiter will get back to you. Maybe the recruiter on leave. Please wait their response at least next 2 weeks or 11 Sept .



QUOTE(nova80 @ Aug 29 2017, 01:55 PM)
Appreciate if anyone can share their experience with Swift KL.

What KL office do? Do they directly serve belgium HQ, or local/Asian clients?
Development team work cross country on single product?
Midnight conference with HQ office?
*
- hmm..classified. need you to be onboard then you will know the answer.
- classified as well.
- depends on which regions.
nova80
post Aug 31 2017, 04:03 PM

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QUOTE(kevler @ Aug 30 2017, 07:49 AM)
Usually recruiter will get back to you. Maybe the recruiter on leave. Please wait their response at least next 2 weeks or 11 Sept .
- hmm..classified. need you to be onboard then you will know the answer.
- classified as well.
- depends on which regions.
*
Not sure how sensitive are those question, but I believe is basic for those going to apply for business analyst role. Yes, that is me. Btw, you just answered the 3rd with 1st answer indirectly. Thank you. wink.gif
frontierzone
post Sep 21 2017, 07:05 AM

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It's true that senior developer for instance Java commanf 11-14k , as I see their range on Jobstreet?

If one has 10 years experience on Java, might as well put 14k on the expected salary?
kevler
post Sep 21 2017, 07:48 AM

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QUOTE(frontierzone @ Sep 21 2017, 07:05 AM)
It's true that senior developer for instance Java commanf 11-14k , as I see their range on Jobstreet?

If one has 10 years experience on Java, might as well put 14k on the expected salary?
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you have to demonstrate something spectacular during interview and/or technical interview session , projects that you had involved prior to this , and any achievement(s) that prove your credentials on this role.

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