Great company shackled by South African economy - Quantitative Analyst FirstRand Employee Review

4.0
Jan 23, 2022
Recommend
CEO approval
Business Outlook

Pros

- Happy / kind employees - Tech heavy bank with future focus - Great work life balance (depending on team) - Lots of flexibility - Great employee perks (leave, wellness center, gyms, loan rate discounts etc). - Great company for people with persons that want reliable hours to raise a family. - Objectively of the best employers in Africa - Company has world wide reputation. No shortage of Alums at top global MBA / EMBA programs

Cons

- Typical large corporate problems - Tenure matures more than output - Certain departments mostly contain dinosaurs (old employees waiting for retirement) - Highly regulated sector - particularly because of SA environment - High starting salary but reluctant to promote / increase pay unless you move internally / manager leaves. - Base pay operates on a "carrot" basis. Pay becomes primarily long term incentive + bonus base. Not much flexibility in this regard.

Explore other reviews about FirstRand

4.0
Mar 9, 2021
Recommend
CEO approval
Business Outlook

Pros

Good place to work with

Cons

No a friendly invironment either

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FirstRand Response
3y
Hello We understand and appreciate your effort for your continued support in us - good place to work.
5.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Salary was very high for me

Cons

The hours were very long

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