OCBC Bank FAQ

All answers shown come directly from OCBC Bank Reviews and are not edited or altered.

27 English questions out of 27

August 18, 2018

Does OCBC Bank offer dental insurance?

Pros

Can't think of any so far. Strategic location of the company?

Cons

-Very poor variable bonus and long working hour. No work life balance. -Below market employee benefits e.g dental, medical, optical, performance bonus. No contractual bonus as well. -Less employee engagement activities to spice up employees other than work only -Managers expect you to work 24x7 as you will always receive their emails/texts from time to time -A lot of red tapes and unnecessary processes. Very strict policies and procedures which make it harder to work. -Turnover rate very high compared to other Banks

Advice to Management

Hopefully management can really look into the reviews given here and take some corrective actions to improve the company. Emphasize more on employee benefits instead of pushing employees to work like a robot and please look into ways to improve the current tedious processes which make it even harder to work and slow down all the processes.

-Below market employee benefits e.g dental, medical, optical, performance bonus.

August 18, 2018

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June 14, 2020

Does OCBC Bank assist with or provide childcare?

Pros

Good employee benefits, eg childcare.

Cons

Poor business infrastructure. The integration of departments necessary for operation is poor.

Advice to Management

Take value in your people. Be more pro business.

Good employee benefits, eg childcare.

June 14, 2020

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June 23, 2018

How are the career development opportunities at OCBC Bank?

Pros

Good culture and good career progression

Cons

Long working hours and randomly assign you to branch

Good culture and good career progression

June 23, 2018

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September 23, 2019

Does OCBC Bank have any sort of mentoring programme?

Pros

Great mentor, people and work/life balance

Cons

Need more structured intern program with more exposure to the financial aspect of corporate banking

Great mentor, people and work/life balance

September 23, 2019

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November 18, 2020

How are promotions handled at OCBC Bank?

Pros

Stable job , good benefits ( other than salary )

Cons

No growth, not allowed to involve in decision making, boss are very partial, they don’t delegate authority. Promotions are very unlikely if you are not local. New ideas, innovative ideas are easily turned down by bosses.

Advice to Management

Work culture should be open where foreign talent should also get equal chance.

Promotions are very unlikely if you are not local.

November 18, 2020

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27 English questions out of 27