Currently working in PBB, I wonder I am in the right department after 6 months as my position need to work shift. I am totally agree with some of the forum friends saying that bank work is kind of routine work. Although bank offered an attractive or numerous package of benefits but in the end of the day you will end your career there as you can't find any job that suit you after joining bank. Even if you managed to get a better offer but you will find that benefits are still better in bank and you decide to stay on.

As for me, I can't stand with daily routine work and decide to quit PBB as soon as possible. My opinion is that, if you are looking for more money in your early stage of your career then go for bank, if you are looking to get more experience at your early state, PLEASE don't choose bank! You will regret once you notice that promotion and increment in bank are not as easy as you thought. One of my senior spent his life working there for 20+ years and recently just got promotion to become assistant manager post only.

Remember also that bank career only started when you are a manager there as you will enjoy it, but not for officer level! You will be squeez until no spiritual as you need to standby on call 24x7 (for IT position) as bank daily operations is more important than your family matters!!!

If you doubt with my words here, you may ask your friend that is currently working in bank (especially PBB). Prove me I am wrong...

Just my 2 cents worth for freshies...

This post has been edited by bryan829: May 4 2008, 11:26 AM

Hey Bryan,

Thanks for the input. Yah I do agree that bank can provide very good benefits that are too good to let go.
Have you ever think of applying for other department? Since you cannot stand with the 24x7 stand by mode.

Currently there are some opening from PBB main branch which I am pretty interested in. May I know for the management in PBB, are they all Chinese ppl? How do you find the way they manage your team? Issit very conservative?

Not all banks are giving 16%

I have tried to ask for transfer but you will hardly get the chances as there are only 3 ways:-

1) Health problem (which need doctor letter of approval)
2) Disciplinary act like fight with your colleague or arguement with your department head)
3) Higher level of education achievement (Degree -> Master)

PBB main branch? Do you mean Menara PBB near KLCC? Most of the managerial posts are occupied by chinese(especially in ITD). I just can say that every teams are doing only their own parts, and when problem occured, they attempt to be escape from trouble by covering their "backside" and pushing the problem around like a "ball". In terms of conservative, I think yes...else why do you think they still manage their own IT but not outsource to other company like what other banks did?

for HSBC MDP programme

you will get 4k++ (almost 5k) plus guaranteed increment on ur salary after you completed 30 months training. ( u will start as a resident manager [RM] after training)..

http://www.hsbc.com.my/1/2/careers/graduate-opportunities

Bryan ..
Finally at last there's someone that feels like the situation I'm in now ..
Me here same as you wanting to quit PBB as well, I totally agree with what you said on the earlier stage, wanting to earn more money but slow increments and lack of career advancement. The main point I want to leave is because I don't see any advancement and the scope is only limited .. I've now realise that starting money is not that important if compare to learning experience which will eventually pay you more later. Also routine jobs and boring life where everyday is practically repeating itself .. If you're one who can tahan all this, you're welcome to join the banking industry.

Bank might have the highest salary for starting but increment and promotion may be slow, or they might have the best benefits among all the industry. But somehow I feel that passion for work is important or else you won't be motivated to work even how well they pay. I guess me and Bryan are the same type of ppl ..

Seriously this is really a good advice for freshies, only those who had experience before really know how it feels to be inside, before you join please do consider .. or else you'll regret like the situation I'm in now.

Yeah, princess...at last i found somebody who understand my situation, someone who really really feel the same as me. PASSION is the right words to describe what I really hope for. What you written here really my words from heart.

Freshies, think hard before you make decision to join banking industry. This is my advise as one day you will fall into situation like us.

yes, everybody started out as a freshie somewhere..
it's easy to dump the bucket of blame and having scorn on the higher ups(managerial levels)..

if you allow me to perhaps offer you a fore-sight.. the higher one gets paid, the tighter the squeeze will come albeit on a different place.

you may feel squeezed on the balls for all your hardwork.. but try to think this way, the higher up you go, the squeeze is on the head.

can you handle those kind of pressure? (usually this pressure is not seen by the working level, it's behind closed doors) and of course, the general lamenting is "the pasture is always greener on the other side"

someone mentioned that there is a repetition on d the work...

but however, i would like to know what sort of repetition of work? and how is it different from other fields of work...thanx...

sounds nice
checked out the link..but how to apply for that programme?

This post has been edited by vivienne85: May 4 2008, 09:26 PM

from link stated...choose which business stream that you think that suits you...n then there will be a button to apply for the programme..
u will need to go thru a few stages of test ( normal psychometric test) n interviews before they can offer u a place for RM training..




edit:
Given the Bank’s adoption of Market-Related Pay wef 01APR2005, all RM’s monthly salary of RM 4,920 and below will be under a ‘protected’ salary range, i.e. minimum guaranteed 10% annual salary increment of the bonus pool, the amount of which as determined based on the annual appraisal rating. Once the RM’s salary exceeds RM 4,920, it will then be pitched against the market accordingly.

frm banking services operations n support team mdp

http://www.hsbc.com.my/1/2/careers/graduat...-support-stream


This post has been edited by amir77: May 4 2008, 09:54 PM

Actually, repetition varies from department to department. Im passionate of whatever im doing in the bank and honestly i see a vast oppurtunities there. Works are challenging at times and loads of projects that never seems to end.

what loan subsidies? they offer loan at 2% interest rates

No PBB only give 12% for EPF

I guess different people have different type of personality, everyone have their preference towards different kind of job. Some can stand banking and some cannot .. some would rather choose the passion in work, compare to money which comes later.

I guess I've finally realise after all, I'm a person that would choose the passion in work compare to money. I really see money as an important factor in the beginning and now no more. I want an industry where I can see myself grown within, an industry where I can learn the things I like or the industry where I think I'm good in. I think this is what the freshies should consider before joining, really go through and think what is that you want for future.

Many people are loyal to a company is because of the enthusiasm they have in work. I guess, everyone have different opinions and likings. That's why we have so many industry in the working world now =)

princessgalaria may i know how much does a PBB branch manager draws on the average?

I not too sure ... RM60-75k annually? Someone correct me if I'm wrong ..
PB has a grade over all the officer, namely A1,A2,A3 and so on ..
Banking Manager said he worked for 35years until he got to this position O.O

hi darkmage12,

perhaps it is also known as subsidized loan. well, it's just an arbitrary way of referring to it.

how come i didnt see any button to apply for that programme?!
need some help...LOL

Geezzz, I'm thinking of switching company as current one has lost it challenges, and kinda boring..
So I think I should have to reconsider huh? Jump from company A (lack of career advancement) to company B (lack to career advancement and routine job TOO)..

Regarding the subsidized housing loan, 2% is it meaning that employee have to pay only 2%, and the company will bear the rest? If this is true, then this will be a very very attractive selling point.. Cause I know MBB is giving out 3.5%, tenure at least 1 year.

i've my training even before my confirmation letter being issue to me... i think its the best among the rate especially in bonus coz once the brance performance is high, your bonus sure very high one..... plus if your branch won some sort of inter branch award, money reward will be given and divided among the staff.... this is another plus.....