Venture Reviews

Updated March 13, 2015
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  1. A Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer in Johor Bahru (Malaysia)
    Current Employee - Engineer in Johor Bahru (Malaysia)

    I have been working at Venture full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    High flexibility
    Minimum superior monitoring / disruption

    Cons

    High turn over
    Salary is ~20% lower than market

  2. I was wondering why am I still in Venture. For good reasons of cos.

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

    I have been working at Venture full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    1. Great working environment. Always hear fun and laughter. I mean everyday!

    2. Depends on the department, R&D has very little politics. If there is, it is always about getting job done.

    3. Great learning environment. Never heard of people got fired for making mistakes even it cost the co millions so long one try his best to fix it.

    4. Career path is really up to individual to carve it. Work hard, promote fast, lazy want work life balance, normal or mediocre career path. Really up to individual.

    5. Supportive and understanding management. I bet with my last dinosaur dollar, you won’t find a better management than this one.

    6. Reasonable bosses. Corporate tyranny is not an acceptable culture. Never try to pull rank here. You die very fast. But if someone does pull rank with you means, you better get the job done quickly.

    7. Cordial work environment. It cannot be more cordial than the fruit punch.

    8. Salary depends entirely up to individual. Want get high pay, see shxt do the shxt job, see problem take up the fire hose and put it out the first fast. The company will pay and reward you well.

    9. Family friendly. If your child or pregnant wife is sick, we understand. Pls go and take care of them first. Come back just work double hard to pay back .

    10. Depends on department and individual. If one have been delivering his work well, flexibility is “unlimited”. But if one's work is bad and keep delay schedule, etc, sorry.. he will be watched UNLIMITED!

    11. It is a company that focus a lot of engineering skills with lots of subject matter expertises.

    12. Good annual bonus. Where to find this kind of bonus these days?

    13. A company that treasures talent. If you are a talent, you resign and can come back and resign and come back and resign and comeback and stay on!

    14. Good profitable and cash flow company that ensure job security.

    15. Only the best people thrived here. Venture R&D talents are highly sort after. Other companies pay premium to attract their talents.

    Cons

    1. Current health care benefit is lousy. May need to top up for medical bills for seeing doctor.

    2. Poor Co Insurance. Better buy your own when you travel for business.

    3. The more capable you are, the more busy. The less capable you are, less busy.

    4. The higher you go, the worse the stress. Depends on your health, when reached certain level better stop.

    5. Low leveraging because it is top heavy.

    6. Glass ceiling and career for very technical people. So come in first few years learn to work. Next few years better learn to talk and learn more presentation skills.

    7. Because of its business nature, work scope and R&R very unclear. Only clear to the top but blur at the bottom.

    8. Decision is always at the very top. I mean the pinnacle.

    9. Career path can be challenging. Yes you can carrve it but you can be uncurved if you got no talking and presentation skills, Same everywhere.

    10. Very conservative management. Liken a bird in the hand, squeeze scared it die, let go scared it fly!

    11. Very hard work for many projects for everyone at every level.

    12. Work load not uniformly distributed. It is very much depends on the nature of business and project

    13. It is a very very very very very very very very frugal company.

    14. For what it is, it is a no frills company. It is a pro for shareholders and customers, and a con for employees.

    15. Those who keep hyping about career planning etc. pls go join stat board. This place is about you able to fight it out and strive to move up. No career planning at all. Jiro.

    Advice to Management

    Venture has arrived to where it is for the past many years due to its great management competency and legacy. Future cannot depend on what work in the past and apply them for the future. To maintain the status quo, no change is needed. However to expect exponential growth based on old system and methods IMO is doubtful.

    Talents it has now need to be maintained else attrition of technical stuff will erode the company core competency. In this industry it is not easy to hire people who have so much wealth of knowledge experience accumulated in the 90s and 20s of HP days. The challenges also because young people do not want to do engineering. Low leveraging is it's achilles heel.

    Management can always hire. Talented engineers once gone.. they are gone.. many went into property, academics, sell char kuay tiao, drive taxi, do forex trading, do online business and gone forever.

    The smart people are not always up there at the top, some are down there, your engineers. You need to involve them in your business and wealth creation. Even allow some things just don't make profit initially just to seed them. Some of the most talented engineers quit to start their own business and are self employed doing better in terms of their income.

    Finally, pay does not solve every problem. Work scope and allowing the people to scale up and have more ownership in decision making process will motivate many.

    This is my most honest opinion even though it may become 忠言逆耳

  3. Bad Atmosphere

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

    I have been working at Venture full-time (More than 3 years)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    nothing i can think off

    Cons

    They are over 30 years behind but they think they are are better than present average

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. No clear career development plan

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

    I worked at Venture full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    During initial period of 2000, large profit sharing & Share option which can compensate the lower salary scheme. Starting middle of 2000, change in HR which claim salary review to match market value, the profit sharing drop to very low and no more share option or restricted share option. Better be share holder than employee as the monetary value will be higher.

    Cons

    Tight control in running company, up to hiring of operators which required CEO approval. Depend largely on customer projects, so it's like no clear view of future projects.

    Advice to Management

    Increase the staff welfare in term of financial or recreational. Not only on the revenue goal.

  6. Working in an oversized provision shop-large company having outdated practices

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance in Ang Mo Kio New Town (Singapore)
    Former Employee - Finance in Ang Mo Kio New Town (Singapore)

    I worked at Venture full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Not many pros of working there except that there is a bonus given out in around March/April

    Cons

    Culture is really bad and managers are secretive. Most people are demoralized. Pay increment is poor and there is almost zero training. Engineers are sent to JB so they can be paid less.

    Advice to Management

    Don't scrimp on every cent. Retain your workers by giving benefits and reward performance, instead of waiting for staff to resign and hire new ones.

  7. Venture R&D

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

    I have been working at Venture full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good exposure with lot of product development opportunities. Fast product development cycle. Less office politics. Engineering skill is much appreciated by nature as product is commercialize into market place.

    Cons

    Basically very few training. Need to pick up everything on your own. Very less guidance and advise from management.

    Advice to Management

    R&D is a powerful tool, please don't think we're expensive. There are many products still design in high cost country while production in much lower cost factory than in Malaysia.

  8. Work as a Acting Supervisor at Electronic PCB Manufacturing Plant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technician in Johor Bahru (Malaysia)
    Current Employee - Technician in Johor Bahru (Malaysia)

    I have been working at Venture full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Group Management Follow The 5s

    Cons

    In Side The Production Some Political Activities

    Advice to Management

    Good

  9. Helpful (1)

    Good for learner and fresh graduate

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

    I have been working at Venture full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good learning environment. A lot of opportunity to learn

    Cons

    Every work is tough. Learning on your own most of the time

    Advice to Management

    Value of employee is importance

  10. Production Planning

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

    I worked at Venture full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Flexible, Profit Sharing, Perform will be promoted

    Cons

    Overload, non systematics, higher level more workload

  11. Low Basic salary but relax job

    • Culture & Values
    Former Employee - Engineering Assistant in Singapore (Singapore)
    Former Employee - Engineering Assistant in Singapore (Singapore)

    I worked at Venture full-time (More than 3 years)

    Pros

    Job is easy, freedom, annual bonus about two months.

    Cons

    Low basic salary,Not satisfy with the work environment.

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