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MCI Investment Holdings

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MCI Investment Holdings Employee Reviews about "work life balance"

Updated Sep 22, 2020

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Found 4 of over 73 reviews

2.5
31%
Recommend to a Friend
47%
Approve of CEO
MCI Investment Holdings CEO Ryan Ng (no image)
Ryan Ng
27 Ratings
Pros
  • "The colleagues are friendly, outgoing(in 4 reviews)

  • "Work life balance (Rare for a sales role)(in 4 reviews)

  • Cons
  • "Outdated quarterly commission scheme that is not easy to achieve even 3 out of 4 quarters leaving you with basic pay for most part of the year(in 4 reviews)

  • "If you fail to hit sales wil be subjected to pay cut and if you resigned or get terminated you will be required to pay 1 month salary(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "work life balance"

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    1. 3.0
      Current Employee, more than 3 years

      Every Company has its Pros & Cons

      Sep 22, 2020 - Senior Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      CEI Fees (Claimable after completion of 1 year) New joiners attached to a buddy or Mentor Commission scheme not that bad A structure & career progression where you can get promoted and be able to lead a team Increment every 6 months (If you hit your target) Entitled to incentive trip ($300 - $3500) yearly, if you hit your target Entitled to Profit Sharing if you hit your target and other criteria Birthday Leaves & Festive Leaves If you are hitting your KPI or even higher, Seniors will not come and disturb you Work life balance if you know how to handle your time

      Cons

      Malaysian Fresh Graduates - Bonded 1 year with the company, failing to hit target or resign within 1 year, must pay 1 month salary A very realistic company - If you are able to hit your KPI, you are safe, if you are unable to hit for several months even with help, off you go. Seems like a big company with 100 staff but not very good management skills Manual Jobs - Counting of payroll for your temp staff, submitting of incentive slips using excels HR Team - HR does not stay long in this company, changed over and over again. Management Team likes to implement new rules as and when they like. Management Team gives us a very money minded feel, everything is about money Forfeiting of incentives when Client fails to pay up by 90 days of credit period. But eventually, when the Client pays on the 100th days, the sales and money will go into the company pocket. But even when the Client pays within 60 days, you will only be able to claim your incentive after the 3rd month (Good tactic of company holding on to your commission, so that when you resign, they will forfeit 2-3 months of your commission) REAL Bad handling of JSS - which results in MOM & IRAS complaints and Complaints from internal staff Profit Sharing every year will only be given 8-9 months after the FY ended Profit Sharing for FY 2019 not paid till date. Was told that it will be drag till next year Although there are promotions for your career progression, but think back, what is the difference between Senior Consultant and Consulting Manager (Both are still doing sales and both are able to lead a team) - No big significant difference and benefits

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      5 people found this review helpful
    2. 5.0
      Current Employee, more than 1 year

      Great place to work if you have your own goals, but for the greater minds

      Sep 16, 2020 - Recruiter 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Sales target is manageable, bosses do not imposes unrealistic goals or KPI on you - Culture here is quite young, most are in their 20s - young 30s - Incentive trip yearly if you hit your sales target - Comm scheme is competitive comparing to the current market -There is certainly not a strong emphasis on micro management here, i have read though the other reviews and found it really confusing why micro management was always mentioned, all i could see in the organisations were seniors trying to help their juniors to hit their KPI to earn a better income. - Work life balance (Rare for a sales role) - CEO is receptive so transformation for the better is still and will be in progress

      Cons

      - Company is on the strict side, punctuality, MC rate is very closely monitored - Some Implementations in the organisation does not make sense and will leave you confuse why this are made

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      2 people found this review helpful
    3. 4.0
      Former Employee, more than 1 year

      Great company

      Feb 22, 2017 - Consultant in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      MCI rewards the staffs well through their incentive scheme, overseas incentive trip and profit sharing. The company heeds the feed backs from the ground and change certain policies. Company also focuses on training their staffs and focus on work-life balance which is rare within the industry. Company also has many different types of services and products to engage and offer to the clients.

      Cons

      Company is particular on discipline. Example punctuality and poor attendance.

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      2 people found this review helpful
    4. 1.0
      Former Employee

      Great exposure, poor outlook

      May 10, 2016 - Recruitment Consultant in Jurong West New Town,
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Colleagues are fun and very helpful -Great environment, no micromanage style -Able to learn many things -If you are able to stay long it will look very good on your profile because other employers will be surprised how resilient you are to be able to survive here -work life balance

      Cons

      - Have to do everything from client acquisition, to sourcing, to screening, to coordinating interviews, to doing contracts, to sending confirmation letters to clients, to chasing for payment. - Not for people who can't work in fast paced environment - Company changes commission scheme and policies every 3 months. Usually not for the better for the employees. -The company has limited resources to provide support -Generally very SME style, "health session" with big boss if you have more than 3 MCs taken. -Values support team more than sales team, in the sense that support team has way more flexibility and benefits. -VERY poor benefits. 10 days AL, and medical claims only $150 annually not exceeding $30 for each claim. And claims can only be made every quarter/ bi annually.

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      10 people found this review helpful
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