FirstRand Services "Salary" Reviews

Likes

Company has employee friendly culture and offers competitive pay as per market standards. Work life balance is decent and varies between project to project. It follows flat hierarchy so its easy to approach leadership

Dislikes

This is purely service based organisation providing resources to FNB and RMB banks in south africa. So you will be working as an contractor for client and would need to follow everything as lter them like holidays, appraisal, shifts etc. Management cares more about its business than employee benefits. Flat hierarchy means Little opportunities in vertical growth....Read More

Work Details

Work days: Monday to Friday (Flexible Timings)

Likes

The exposure to work with Soth Africa teams is good learning experience. As a fresher or executive level member, the company can be a launchpad, but only if you are on the business side.

Dislikes

For support functions like HR, IT, Finance and Admin there is no growth here. All functions are controlled by South Africa so the approvals are harder than most red tapes. The culture is not employee friendly at all and if you are not in good books of the senior management, there is no thought spared to throw you under the bus. There is no performance management process and no performance improvement process as well. Sometimes employees have been arm twisted and forcibly made to resign by giving near impossible tasks to finish in impossible deadlines. There is no hiring-and-firing culture BUT if you get on the wrong side of the management favourites, petty reasons are used to fire those employees. The management very rarely supports new ideas and there is favouritism to an extremely unhealthy level. There is no respect for quality hiring. As quoted by one team member of the senior management, only quantity and immediate availability of resources are looked at and quality has little to no importance. There is also conflict of interest in the HR Team<mark style="background-color: #fff5e4;">. The HR HEAD owns their own recruitment consultancy and it is evident that all the higher compensation roles are hired through that consultancy alone</mark>. Policies is another issue where compliance as per law is rarely followed. Example, the organisation does not give leaves on public holidays of 26th January, 15th August and 2nd October. These are given as Work from home, and the employees are not compensated as per law. Secondly, female employees are indirectly made to work late hours beyond those mandated by law, without providing company transport facility and male colleague escorts. Last and definitely not the least, the employees are treated without respect and with utter disregard to their physical and mental health....Read More

Work Details

Do not have any good examples to talk about work life. There is politics definitely and favouritism. Some senior management also indulge in unsavoury comments on other staff.

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.