Phillip Securities Reviews | Glassdoor

Phillip Securities Reviews

Updated October 25, 2017
112 reviews

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2.5
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Phillip Securities Executive Chairman Hua Min Lim
Hua Min Lim
8 Ratings

112 Employee Reviews

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Pros
Cons
  • Asked to put under agency contract with low pay and less benefit (in 14 reviews)

  • every month staff turnover is very high as the pay is lower than market (in 7 reviews)

More Pros and Cons

  1. "AA"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Portland, OR
    Current Employee - Anonymous Employee in Portland, OR

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

    Pros

    you can take a long lunch

    Cons

    there is a severe lack of transparency


  2. "Strike Security"

    StarStarStarStarStar
    Current Employee - Security Specialist in Hephzibah, GA
    Current Employee - Security Specialist in Hephzibah, GA

    I have been working at Phillip Securities (Less than a year)

    Pros

    Good people to work with, decent pay

    Cons

    Part time work only, never know when you'll be working

  3. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Analyst in Chicago, IL
    Former Employee - Investment Analyst in Chicago, IL
    Recommends
    Positive Outlook

    Pros

    Awesome place to work definitely take the offer if you get one.

    Cons

    no cons i think other than the hr


  4. "Best place to learn and work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT-Singapore in Singapore (Singapore)
    Former Employee - IT-Singapore in Singapore (Singapore)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Phillip Securities full-time (Less than a year)

    Pros

    Lot of opportunities to learn, Work-life balance, Wonderful colleagues (the best part in Phillip)

    Cons

    Yes, as everyone mentioned in previous reviews our salary is less when compared to market standard. But to be frank, Phillip gave us a wonderful platform, every former employees of phillip will know the good reception they are getting now in their new company.

    Advice to Management

    This is not an advice, but it would be better if management try to retain their best staffs. 99% of staffs who left Phillip were not because of development in their career, but they left because of good pay offered by other companies.


  5. "Prop Trading Department"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Small tight team lead by 2 guys who know what they are doing and are driving the team forward by creating new strategies and solving all sorts of problems.

    Trading and automation is key in the team, efficiency is much appreciated. Definitely lots to learn as they trade quite a few different products by manual click trading or via algorithms.

    New traders get a ton of guidance from Chee Weng and Randall in order to help us improve our game. After which we are rotated to their different programs to get market and strategy experience.

    Everyone gets along well and the environment is really welcoming.

    Cons

    Hours are long and the pay isn't the best but seems like the team can really achieve a lot so there's incentive to stay for the future

    Advice to Management

    Keep up the energy and culture here


  6. "Management is the problem"

    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

    Pros

    People here are generally friendly and willing to teach you if you wish to learn. There are elearnings and operations manuals that list down risks and controls of your daily work. If your boss favours you, you can go for conferences and trainings that are sponsored. Exams at IBF are reimbursable (only for the pass attempt)

    Cons

    Some of the management focuses too much on form and not the substance, resulting in a lot of time spent on useless things. You will find that your learning curve stagnates after 2yrs, esp if you are working under ppl with no substance but like to act like they are a big deal and always blame the subordinates for things that go wrong.

    A consolation is early exposure to bad leadership qualities so you can tell yourself not to be like them in future.

    Advice to Management

    Management needs to understand and allow each employee to better perform their core job functions instead of demanding everyone to be good in everything they do. The latter can only happen if certain conditions are met. Management should think about what these conditions are.


  7. Helpful (1)

    "Middle Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Phillip Securities (More than 8 years)

    Pros

    Encourage job rotation and explore various jobs functions, provided the new hiring manager willing to take you in. If you have good working reputation, usually will be allowed to try on new role. Chairman is a visionary and good business acumen.

    Cons

    People are mostly work very long in the same position and tends to slack and mostly in retirement mode. Business overall stagnant and going downhill but most staff are still not on their toe to initiate change.

    Senior Management are inexperience and no strategy. Only on their position because been in the company for more than 2 decades. So some of the senior manager will scream at you in the meeting or make your life difficult in front of other staff so that you will respect him/her more. Mostly they are clueless about create business strategy, and only demand their middle management to come up strategy for them and used that to showoff to chairman as their idea. But when things didn't go well blame game will start.
    When you are good in your job, they will continue to load more work to you, even not your responsibility. While other staff that feedback that they do not know how to do it can sit one corner and tinkle with less important stuff and no need to show any performance.

    Advice to Management

    Start with unproductive staff that has been not doing anything except reporting to work everyday. Value good staff by not reprimanding them when they did the right thing to grow the business. Most importantly look a business from bigger pictures. I know working in the same place for more than 20 years can give you myopic but doesn't necessary means you need to be stupid. Don't adopt favoritism and gossip culture. Don't be jealous of good performing staff and assume they are here to steal your jobs or replace you. They are not necessary want to do that. Most importantly reward the good staff and instill a good staff benefit.

  8. "Great Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Carmen in Singapore (Singapore)
    Current Employee - Carmen in Singapore (Singapore)
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Phillip Securities full-time (More than a year)

    Pros

    Good working environment for everyone

    Cons

    No cons I can think about


  9. "ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Ops in Singapore (Singapore)
    Former Employee - Ops in Singapore (Singapore)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Phillip Securities full-time (More than a year)

    Pros

    work life balance and good enviroment

    Cons

    low pay mot much benefit

    Advice to Management

    focus more on staff


  10. "Operations"

    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 Phillip Securities full-time

    Pros

    -great colleagues, family-liked culture
    -opportunities to learn

    Cons

    -a boss that won't fight for you
    -remuneration package not that good (underpaid)
    -a management that don't value their employees
    -top-down approach

    Advice to Management

    value your employees more.


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