Industrial and Commercial Bank of China Reviews | Glassdoor

Industrial and Commercial Bank of China Reviews

Updated September 2, 2018
300 reviews

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3.2
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Industrial and Commercial Bank of China President Yi Huiman
Yi Huiman
70 Ratings

300 Employee Reviews

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Pros
Cons
  • "Limited promotion opportunities; Low salary" (in 16 reviews)

  • "low pay, little chance to be promoted" (in 12 reviews)

More Pros and Cons

  1. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in New York, NY
    Former Employee - Financial Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Industrial and Commercial Bank of China (More than a year)

    Pros

    Very nice experience - learned a lot in the team.

    Cons

    Not really finding any specific cons


  2. "relationship manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Industrial and Commercial Bank of China full-time

    Pros

    you can have a Work-life balance life here

    Cons

    the management are not efficient

  3. "Mainland company work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Industrial and Commercial Bank of China full-time (More than 3 years)

    Pros

    If you need an environment to learn or practice Chinese...

    Good medical/dental. 401k is okay.

    Cons

    Low compensation for similar experience/title. Understaffed, so extra workload when people go on mandatory two weeks or if sudden project comes up. Poor work life balance. No room to advance. Toxic supervisors. No recognition for hard work, only expect you to work harder while some people get a lot of recognition for doing nothing at all.

    Advice to Management

    Hire local people who know what they're doing instead of sending people from overseas. Pay people properly. Have more than the bare minimum number of staff in each department. Pay people properly (yes, I have to repeat it).


  4. "Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Industrial and Commercial Bank of China full-time (Less than a year)

    Pros

    No contribute for great health insurance plan (zero copay)

    Cons

    Don't join the company. It is the worst company that you can ever imagine. Micromanaging is nothing compare to sexual harassment, unequal opportunity. Managers love to see team members stay late/long hours even though they have complete the daily assigned tasks. There is a reason that salary is higher than industry average. They fire people without notice or reason and lied to others that the reason for the personal's leaving is because he find another job. I'm quitting very soon.

    Advice to Management

    Please don't treat employees as machine or prisoner.


  5. "Talent management"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Industrial and Commercial Bank of China full-time

    Pros

    This is a 5 words minimum requirement

    Cons

    If one underperforms or has personal issues, al he/she needs to do is to accuse management and the whole bank’s system not being fair. Other good performs (who actually make money for the bank)will not be rewarded as they will be targeted for being favored by management.

    Advice to Management

    Treated both talented employees and trouble makers the right ways. A lot of resources wasted in meaningless areas can be better utilized to retain talents and to help the bank grows in right direction.


  6. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Industrial and Commercial Bank of China full-time

    Pros

    Job security. Not much other than that.

    Cons

    Low pay. Salary does not increase, not even inflation adjustment. No promotion opportunity. Discouraging working environment as hard work does not equal to reward.

    Advice to Management

    Learn to appreciate the hard working employees and reward them with promotion and salary raise. This place is a revolving door since management never take care of existing employees and only keeps hiring people with higher salary. Why would anyone have the incentive to stay.


  7. "Software Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Industrial and Commercial Bank of China full-time

    Pros

    good house subsidy, beautiful park, stability

    Cons

    poor promotion chance, too many overwork

  8. "ICBC"

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

    I worked at Industrial and Commercial Bank of China full-time

    Pros

    It's all good here. The Biggest Bank In China.

    Cons

    Not many clients as it had in CHina


  9. Helpful (3)

    "Shockingly incompetent and unprofessional environment. Think twice before joining. Place is a joke."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Banking in New York, NY
    Current Employee - Commercial Banking in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Industrial and Commercial Bank of China full-time (More than 5 years)

    Pros

    Easy hours and minimal challenge as bank has few products.
    Hiring process is very simple since they are a generally unappealing employer outside of China.

    Cons

    Management is incompetent and clueless on local market practices, all appointed despite little to no experience.
    Compensation is a joke, promotion opportunities nonexistent, rampant nepotism, virtually zero career development.
    Majority of staff has poor English skills and prefers to speak Chinese which does nothing to improve their situation. Many internal communications are only in Chinese to the detriment of non-Chinese speakers.

    Advice to Management

    Too many issues to list. Hire local competent and qualified people instead of appointing friends and relatives from Head Office who are members of the party.


  10. "Ambitious Company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Industrial and Commercial Bank of China full-time (More than a year)

    Pros

    Nice working environment, nice platform, high job security

    Cons

    Salaries are lower than the market level

    Advice to Management

    Localize the middle management, improve the compensation, streamline the procedures


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