QUOTE(seantang @ Mar 24 2014, 10:31 AM)
Even accounting for India's population, I think the perception is that they are grossly over-represented in Singapore banks, if not even wider and farther.
And it's not about legality (although Singapore's new Fair Employment Framework seems to take a step in that direction). It's about bias. They are not putting unqualified people in the roles which they manage or influence. It's that there is a bias towards certain candidates during the more subjective portions of the process... like interviews, final deliberation. And it's inevitable... people simply like to work (ie. hire & promote) with people whom they like and feel comfortable with.
It's in every organisation. However in Singapore,.. the PERCEPTION is that it has taken a whole new level of aggressiveness in banking. Note that I said perception (you may have experience to the contrary... although I also believe there's no smoke without fire,.. so there ya go). You just have to go to any local forum or chat board to validate it. Even the govt's lead-up comments on the Fair Employment Framework singled out banking as an industry to watch over.
Can't say much about the policy of the company, I can only say, the management knew, the board knew, the shareholder knew... since long ago. Different level has their own criteria and I am sure every level weighted the pros and cons before deciding. They only start to react after the cons is more than the pros. For my say already like no say statement, "Rest assure, we know (loooooooong ago before the public even notice it). And steps have been taken. All applications are considered on a fair basis."
My department deal mostly with the local and SEAs clients. As you said, people tends to like working with someone they can click with, so are the clients. We are still quite safe until the day the tycoons are all foreigners in this region... I am also lucky my boss are not those penny wise and pound foolish kind of person, few thousands difference in salary is peanut compared to the funds that come in.
QUOTE(deodorant @ Mar 24 2014, 10:32 AM)
Should pay a visit to the IT department. Surely all indians liao
Lucky no need to go there. They always send the locals to come fix my laptop.
QUOTE(robertchoo @ Mar 24 2014, 01:19 PM)
You are from HSBC, right?
I was told by my friend that the credit risk dept is majority that race.
At the end of the day there is a thousand and one reason the hiring manager can give to hire that particular person.
A person can have a certain profile or that person can have a certain amount of experience. You can't really sack a person because the hiring manager choose to hire, for example, entirely indians nationals with a certain profile. Afterall, as the hiring manager HE is the one who will be held accountable for the performance of HIS subordinate.
HR is just for formalities.
There is only one reason that is acceptable to your boss when they audit check you or the hiree can not perform. We are all employees, we can't do whatever we want, we just execute what the company policy wants.
Mar 27 2014, 08:52 AM
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want to open stall at hdb kopitiam but was told need to be local... 
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