Citibank Reviews in Singapore, Singapore Area

Pros

Big bank, always can find some department that you might be interested in working in.Working there used to be about the customers and employees. The merger with Travelers turned it into the mess it is in now. Now it is all about senior management and how much money everyone in the company could make for them. It has become a very cut-throat environment, where the more sadistic you are, the better the rewards. HR was never about protecting the employees from poor management, they were all about protecting themselves.Citibank was a great company to work for. There was a very competitive salary package, first class benefits (I had the highest possible health insurance package 100 deductable for my entire family and was only paying 300 pretax money including vision and dental - the company paid 2600 on my behalf - just for the medical!!) all my benefits alone equaled half my base salary, and they also provided extensive training and licensing for their employees. Within the five years that i worked there I was promoted twice. The management always showed respect to their employees and was very much a sense of family and team spirit in the office. There is really nothing negative to say about this place and I can only hope they make it through this economy as it is still the "home" of hundreds of thousands of employees and I hope I will be able to return to this place one day.

Cons

The ONLY thing I can say is the idea of job security in this economy we are in. Other than that I have no complaints. I know a countless number of people who have left the bank thinking they found a sweeter deal elsewhere (mainly meaning higher salary) but they have ALL returned or at least tried to, dependind on how bad they burned their bridges on the way out. The balance of income, benefits, work/life, respect, training and licensing and support from management is second to none. Also as far as the aspect of salary, citibank was by no means giving their money away, but you were WELL compensated for meeting goals and hurdles as well as commision. I knew of several personal bankers who were making over 100,000 in income.

Advice to Senior Management

Take care of the employees, give more respect to them

Pros

The level of competency of your peers are very high. So there's great opportunity of learning from them. And there's usually an open line of communication, so people share their knowledge openly.

Cons

The culture of the company is to do overtime work. Bosses go home very late (11pm or later) and even work at home and even weekends. Sometimes there's an expectation for the regular employees to do the same. This breeds an attitude of dissatisfaction among the regular employees because mostly of burnout and unbalanced work-life. Since I joined the team 2 years ago more than 10 (experienced and competent) people already left because of the above reason, and our managers doesnt seem ( or dont bother) to understand whats the source of the 'mortality rate' . They just hire new people.

Advice to Senior Management

If the bank is not able to hire more people at least minimize the projects approved for development.