Bank of China - New York

  www.bocusa.com
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Bank of China - New York Reviews

7 Reviews
2.6
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of China - New York Chairman Jiang Jianqing
Jiang Jianqing
2 Ratings
  1.  

    Move on Nothing to See Here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Bank of China - New York full-time

    Pros

    "We provide discount movie tickets" - Bank of China New York HR

    Cons

    1. No career growth as upper management is and will always be an expat from China
    2. If you are not from mainland China, be prepared to be passed on for promotions, pay increases, and bonuses
    3. Interesting, stimulating work is given to those with limited skill sets (i.e. new hires) or foreign workers while experienced personnel are stuck on repetitive tasks
    4. HR can and will decide your bonus and pay increase even if your manager approves on a different figure
    5. All new hires (even managers) undergo a mandatory 6 month probationary period during which no benefits (i.e. medical) are provided
    6. You can never be late not even for 1 minute (this includes both back and front office). You cannot make up your lateness by staying late (for non-exempt employees).
    7. Many of the individuals speak Mandarin and will not hesitate to speak it in front of you with no English translation provided
    8. Pay is significantly below market for all positions within the bank (unless you are an international hire from mainland China)
    9. Your manager will not hesitate to inform you and your team that "I will fire you without mercy"
    10. Severely limited growth opportunities (both professionally and personally) (i.e. no tuition reimbursement)
    11. Rampant gossiping
    12. Your lunch breaks are timed and tracked
    13. Your internet usage at work is timed, tracked, and will be used against you come review time
    14. Yearly bonuses and pay increases are delayed year after year. Pay increases for 2012 and possibly 2013 were and will not be received until December 2013 and 2014 respectively
    15. No business cards are provided unless deemed necessary by upper management
    16. Management would prefer to internally move personnel (with no relevant experience) from one department to another, rather than hiring experienced individuals who possess the skills required

    Advice to ManagementAdvice

    If you wish to retain local talent, you must change your business culture.

    Doesn't Recommend
    Disapproves of CEO

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