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 RBC Dexia, Royal Bank of Canada & Dexia

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weakerlife
post Nov 10 2015, 06:33 PM

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Joined: Sep 2011
QUOTE(kelly908298 @ Sep 3 2015, 03:00 AM)
Think twice if you want to join RBC as fund accountant. To be honest, no matter what FA team you join, it will be suffer also. The job nature is mend to be suffered. Among so many region, Lux is the worst team. IF you think you are a warrior, u can go for it but i can assure you no work life balance thoroughly. Please don't expect you can have a dinner when you feel hungry. At here, fund delivery is the priority of all thing. Top management just simply dont care whether you eat or not. Why i say that the FA job scope is mend to be suffered? It is becoz throughout the whole Nav calculation process, we are the last resort to take care of accuracy and timeliness of the NAV on daily basis. We are dealing with tonnes of different party everyday. Imagine that one of the party has issue on their side and it can affect your work progression for whole day depends on how big the issue is. Furthermore, when the other department has done mistake, we are the one who is being blamed becoz they are expecting us to detect the error before the NAV publish. And all of this will record in the year end assessment which affect your bonus. Thus, your boss can simply tell you that you make error so less bonus for you this year or no bonus at all this year. What do you think if something like this happen? Do you think it is fair ? things we sacrifice is no fixed dinner break, no Malaysia holiday, very rush working environment, late night work...but after all, the main thing is our sacrifice never get appreciate by management. Low increment or no increment at all, extremely low bonus, etc...those management ppl lack of people management skill, they just care about their own works and dont know the condition of the team, and always assume the team are doing fine..that is the reason why many ppl tender because they feel dissatisfied. Most of the ppl here are always looking for backup plan (jobstreet) because they cannot stand with the management already. The managers just have few years working experience but consider long in this company already. Seriously they dont really have that experience to manage ppl therefore so many ppl tender (almost one week one person tender). And because of that, now the company has very less senior which is really really dangerous (this work needs high knowledge and experience). You might perceive that as a chance to promote but as i know the increment for promoting to another level is just rm200 and your workload increase a lot. you must think that i am kidding you but i am serious (they are cutting cost now because they think our pay is too high). In conclusion, i can said that very poor treatment to employees, not worth to fight for. You should put this company as your last choice.
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Agreed Kelly's storied,not just FA dept,MOST OF DEPT ARE SIMILAR SITUITION....will advice whoever wan to join this firm should put as last resort. Can you image that this year Employee Welfare Society Advisor, Chairman & Secretary resign before & after in 2months due to stupidity of their regional management..So ,don't even think that certain manager *suck* could be isolate case ,most of time was inherited by their boss too....
weakerlife
post Nov 20 2015, 11:38 AM

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Joined: Sep 2011
QUOTE(kicksense @ Nov 16 2015, 03:15 AM)
Latest update.

RBC KL site (located in KL sentral) with start it's operation in February 2016.

It will act as dual site. RBC KL and RBC Cyberjaya. Whatever KL have, Cyberjaya site willl have as well.

Transport allowance remained no matter where you are.

Bonus? so so only. Scope Int (Std Chartd) pay even more for annual bonus.
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Somoremore, their PPA and bonus allocation is base on their "standard preference" ....one of the real story, an employee who get annual performance reward+quarterly performance award ,however his PPA only achieve average,just because he pissed off management.... shakehead.gif

 

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