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 MAYBANK STAFF BENEFITS, MAYBANK STAFF BENEFITS

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mini orchard
post Nov 9 2020, 07:00 AM

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QUOTE(B&C123123 @ Nov 8 2020, 06:48 PM)
Hi all. Would like know the benefits of working in Maybank as Senior Executive in AML.

The main concern is about the health coverage of my dependents.
Is my wife and children fully covered just like how PUBLIC BANK is offering?
How about the paternity leaves as well?

Other than that is there any interesting benefits in Maybank?

Thanks
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Why is it the employer's responsibility instead of the parents ?

What happens if you resign later even if is available ?
mini orchard
post Nov 9 2020, 07:27 AM

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QUOTE(emino @ Nov 9 2020, 07:12 AM)
Dependent coverage is a staple for many MNC and corporate, as a way to make the hiring package more attractive. It also helps with staff retention.

And typically people who resign from bank, goes to work on other bank, which also offer similar, if not better package. And if the package is not offered, they will typically ask for a higher amount to jump to take these benefits they are losing into the account.

My dad was a bank staff, and growing up my family entire medical treatment was covered under the bank's insurance coverage.
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If is your concern, you should start buying those policies no matter which company you join. If is available, is a bonus. If you resign, they are covered. You must consider the in between period when you are not working or on resigned leave when something happens to your dependents.

A working journey is full of uncertainty no matter what is history.

mini orchard
post Nov 9 2020, 07:41 AM

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QUOTE(emino @ Nov 9 2020, 07:32 AM)
Why have either one when you can have both? That way if something happened you can use company insurance and leave your premium untouched, and at the rare occasion where you are without work you are still covered.

Also it is natural for people to consider family coverage for future jobs if they already receive such coverage in their current job. People want to upgrade their life and work benefits, not downgrade.
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I am not saying you cant have both. I like to have all.

Is about ...... if they have it, is good, otherwise ...

I am sure that is not a major concern for you to join the co if you receive an attractive hard to refuse offer.
mini orchard
post Nov 9 2020, 07:46 AM

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QUOTE(emino @ Nov 9 2020, 07:32 AM)
Why have either one when you can have both? That way if something happened you can use company insurance and leave your premium untouched, and at the rare occasion where you are without work you are still covered.

Also it is natural for people to consider family coverage for future jobs if they already receive such coverage in their current job. People want to upgrade their life and work benefits, not downgrade.
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QUOTE(B&C123123 @ Nov 8 2020, 06:48 PM)
Hi all. Would like know the benefits of working in Maybank as Senior Executive in AML.

The main concern is about the health coverage of my dependents.
Is my wife and children fully covered just like how PUBLIC BANK is offering?
How about the paternity leaves as well?

Other than that is there any interesting benefits in Maybank?

Thanks
*
QUOTE(emino @ Nov 9 2020, 07:12 AM)
Dependent coverage is a staple for many MNC and corporate, as a way to make the hiring package more attractive. It also helps with staff retention.

And typically people who resign from bank, goes to work on other bank, which also offer similar, if not better package. And if the package is not offered, they will typically ask for a higher amount to jump to take these benefits they are losing into the account.

My dad was a bank staff, and growing up my family entire medical treatment was covered under the bank's insurance coverage.
*
This post has been edited by mini orchard: Nov 9 2020, 07:47 AM
mini orchard
post Nov 9 2020, 08:05 AM

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QUOTE(emino @ Nov 9 2020, 07:50 AM)
Like I said in my earlier post, if they didnt have, we can then factor in the fact they didnt have that in making decisions.

Maybe the pay rise is not justifiable with the exclusion, so TS perhaps wanted to ask for adjustment on the offer if they are not a part of the benefit. Nah I quote balik, bolded summore.
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What use of higher package if one dont have insurance coverage for dependents if something happens. Can a 100% increment covers a hospital admission for a serious illness?
mini orchard
post Nov 9 2020, 08:16 AM

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QUOTE(emino @ Nov 9 2020, 08:10 AM)
If its not provided, he can ask for higher package so he can cover those difference to get separate, even better insurance lah. Bukan guna to cover for the medical expenses himself. Haiya.

Lets not deviate that much from TS topic. Obviously he viewed full family coverage as an important part of his decision making and you didnt. And someone on top already answered Maybank offer full coverage. The end.
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Whether is provided or otherwise, a smart applicant will always ask for a good pay....not sure about you thou.

Family health is NOT a bargaining tool for a good pay !
mini orchard
post Nov 9 2020, 11:07 AM

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QUOTE(B&C123123 @ Nov 9 2020, 10:53 AM)
Perhaps you are not from banking line. This is because most banks do offers family medical benefits to staff. Perhaps if I get 2 offers with same job scope and same position from 2 different bank I might need to add this into consideration.

For example, just in case my wife/ children is having food poisoning, I can just send them to any panel clinic with company is paying on this where normal medical card is not covering on this. Just an additional option. Why not huh?

The amount might be small but at the end of the day this is just additional benefits which I can add into consideration.

Thanks for the replies!
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I was an ex bank staff.

Buying own insurance is good no matter what added benefits from banks. I still have my own family personal policy although the current co covers the cost, there is always a limit to a claim.

Is during the transition period, when you are neither here nor there when someone falls sick.

Having extra is better than just nice.

Benefits can be reduced or withdrawn and not cast on stone...seen it during my tenure with the bank.

This post has been edited by mini orchard: Nov 9 2020, 11:09 AM

 

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