OneConnect Financial Technology reviews

There are already enough cons from other reviews, I just want to highlight that they are TRUE. And do not think you can change or you will be different, you will face exact same issues. - No respect - Many people resign in a short time (3 months). - Employees are required to work 996. 9AM to 9PM, 6 days a week, some colleagues are even worse. working 7/24 hours. - Tools and meeting are conducted through mandarin. You can not follow if you do not speak mandarin. - Immature or non - existent product, products / Solutions were build from scratch and people do not know how to build because no one knows. - No much support from Ping An the parent company, actually they like 2 companies and fight internally. - Incompetent Management - too many senior level deadwoods and gave conflicting directions. No role and responsibility definition. - Sell by PowerPoint. No concrete products nor POC will be conducted. - No concrete KPI (keep changing) or Documented Performance Management for the employees - Performance is dependent the bootlicking skills and it's effectiveness to the CEO. If not, just be ranked the bottom.

1. Hight turnover rate: There are more than 200 employees before and now drop to less than half since a lot of people left and currently the company implementing a retrenchment plan. It applies to all levels of staff especially for the top and middle-level management. All the middle-level management left and the third CTO since Nov. 2018 just onboard last month. The company also constantly implement reorganization owing to the high turnover rate. 2. Lack of competency: Although backed by China Ping An Insurance Group, the company doesn't have much technical support from Ping An. Most of the products and projects are build from scratch on a tight schedule by a small group of people. Regarding the technical capability, it is no doubt a startup company. 3. China corporation working culture rather than a startup: Heavily inherited the culture from Ping An. The company uses Ping An system for daily works. The systems are mostly in Chinese. In addition, the team also encourages the style of 'deliver first, fix the issue later ' to get the deal. Employees are treated more like a tool instead of an asset. The company claps and recognizes the employment contribution when it is required but asks you to resign when the company doesn't need the staff's expertise any more. 4. Unclear/controversial direction: Technology-wise, the company is definitely at an infant stage while only looking at big clients like the leading local banks which make the development team struggling and poor quality of the final delivery. The resource allocation and business focus keep changing from one client to another. 5. Management: Agree with all the previous reviews. The company is struggling probably because of the management. No transparency although the management claim there is. Some of the leadership doesn't really have the capability or not even relevant experience in his/her role which yields biased performance reviews to their team members. The performance reviews mostly depend on whether the work you are responsible for can bring instant profit to the company no matter the delivery is good or not. Unfortunately, the relationship with the management plays a much more important role in the performance review than the staff's contribution and hard work since the management has no idea how to evaluate the staff's work. 6. Heavy politics: The politics in the company is serious, unlike other startups. People blame others to secure themselves and the leadership is unable to discover the truth. Employees grab projects with higher visibility from others to make themselves a key person.