Monetary Authority of Singapore

www.mas.gov.sg
Profile Unclaimed

Monetary Authority of Singapore Reviews

Updated February 24, 2015
Updated February 24, 2015
35 Reviews
3.5
35 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Ravi Menon
19 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Singapore (Singapore)
    Former Intern - Intern in Singapore (Singapore)

    I worked at Monetary Authority of Singapore as an intern (less than a year)

    Pros

    The internship is opened to sophomore year student. This is a rare opportunity for student who is in his or her second year.

    Cons

    The internship is project based. Each intern will handle a project solely. The interaction with senior officers may be hindered because of this arrangement.

    Advice to ManagementAdvice

    Provide more opportunities for interns to formally interact with senior officers will be great.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Lack of development & career progression

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Monetary Authority of Singapore full-time (more than 3 years)

    Pros

    - Work-life balance
    - Not so hectic
    - Stable

    Cons

    - Lousy compensation package
    - Inequality in pay (older staff gets to enjoy the higher pay due to previous scheme and disadvantaged new staff), causing high turnover

    Advice to ManagementAdvice

    - Be fair to newer staff in terms of career progression & compensation package

    Doesn't Recommend
    Neutral Outlook
  3.  

    Good place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Current Employee - Anonymous Employee in Singapore (Singapore)

    I have been working at Monetary Authority of Singapore full-time (more than 5 years)

    Pros

    good brand name, good training ground, exposure to senior management internally and externally at an early career stage, possibility to rotate to other job functions, good working culture

    Cons

    - bureaucracy - most work (including emails) have to be cleared through several layers
    - too frequent management changes in the past few years
    - job rotation is highly encouraged, which is a good thing for some, but is not a culture that encourages specialisation

    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great exposure, intellectually stimulating work for a public servant role

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Director in Singapore (Singapore)
    Former Employee - Assistant Director in Singapore (Singapore)

    I worked at Monetary Authority of Singapore full-time (more than 3 years)

    Pros

    Great exposure to senior policymakers, youthful working environment, intellectually challenging work. Decent bonus too.

    Cons

    Under market compensation, erratic work hours, poor benefits, bureaucracy (though not unbecoming of the public service)

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Monetary Authority of Singapore

    Pros

    Broad exposure to many areas. Very interesting and challenging work

    Cons

    The volume of work can be high

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    I worked at Monetary Authority of Singapore as an intern (less than a year)

    Pros

    There is a reasonable emphasis on work-life balance. The project assigned to each intern gives a great insight to the work done at MAS.

    Cons

    Lack of exposure to other departments within MAS due to time constraint.

    Advice to ManagementAdvice

    Perhaps lengthen the internship period to allow for rotations within a couple of departments.

    Recommends
  8. 1 person found this helpful  

    Overall still an employer of choice.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Monetary Authority of Singapore (more than 5 years)

    Pros

    Caring environment, decent pay and good calibre colleagues.

    Cons

    Multiple levels of clearances and some bosses who can be picky.

    Advice to ManagementAdvice

    Choose a few key tasks and do them well rather than try to do everything.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Challenging, exciting but too much red-tape

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Monetary Authority of Singapore full-time (more than a year)

    Pros

    Benefits are OK and salaries are competitive. Exciting projects and capable colleagues.
    And you get to work for a well-known organization. MAS is world renown central bank.

    Cons

    Enough red-tape to drown you.
    Poor work-life balance (for government. ie. dont ever expect to go home on time)

  10.  

    Associate Director

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Monetary Authority of Singapore full-time

    Pros

    Stable organisation with a great MD who cares about the organisation and the workforce. There are nice and caring people managers around the organisation.

    Cons

    Bureaucratic processes. People managers are generally very busy with their huge portfolios, more time could be spent on staff development.

    Recommends
    Approves of CEO
  11.  

    The work is interesting only 50% of the time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Singapore (Singapore)
    Former Employee - Associate in Singapore (Singapore)

    I worked at Monetary Authority of Singapore full-time (more than a year)

    Pros

    1. You have a lot of power over companies you regulate
    2. You get respect
    3. Your boss listens to you (it's built into the system how this works)

    You get quite a few opportunities for leadership. You are essentially leading your own project most of the time. If you do well, you get better projects and more responsibility.

    Some projects are very interesting and if you prove your smarts the organization is very supportive and will let you work on what you like.

    Work life balance is amazing. Organization is quite innovative and stable in its thinking. You get to work with very smart but still humble people.

    Cons

    1. Takes very long to get promoted
    2. Compensation is disappointing compared to the rest in the financial industry. It does not create much incentive to work hard. Bonus is largely standard.
    3. Work can be drab sometimes but all organizations have this.

    Advice to ManagementAdvice

    Bonus should be more flexible. Intrinsic motivation is good but it's not a good feeling to know that you earn very little compared to the people you regulate.

    Recommends
    Neutral Outlook
    Approves of CEO

Work at Monetary Authority of Singapore? Share Your Experiences

Monetary Authority of Singapore

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.