15 Nov 2017
FirstRand reviews about "pay"
84% positive business outlook
Reviews by job title
8 reviews
5.0
13 Oct 2018
Recommend
CEO approval
Business outlook
Pros
Market Leader Great management Excellent pay Strong career outlook Relatively flat structure
Cons
Limited cons I can think of. As the Group gets bigger it is losing some of its entrepreneurial culture
4.0
24 Aug 2025
Recommend
CEO approval
Business outlook
Pros
Flexible, great technology stack, good pay
Cons
Can't think of any cons
3.0
7 Apr 2025
Recommend
CEO approval
Business outlook
Pros
Good Pay compared to market
Cons
employee non friendly policies etc
5.0
27 Aug 2019
Recommend
CEO approval
Business outlook
Pros
Pros: 1. Great learning opportunities: You will have many opportunities to show your talent and develop new skills at the same time. The team would support you from all possible ways. 2. Frequent visits to South Africa Office 3. Above average pay ( Decent hike every year) + Yearly performance based bonus.
Cons
Cons: 1. You have to follow South Africa Holiday calendar and work on Indian holidays. Although they have started allowing employees to work from home on Indian holidays.
5.0
26 Aug 2024
Recommend
CEO approval
Business outlook
Pros
Exposure across various risk types and across the entire bank. Regular engagement with Senior bank stakeholders on key regulatory projects. Participation and reporting to committees in the bank. Opportunities for learning and growing.
Cons
Below market pay and very low bonuses irrespective of the banks performance
4.0
23 Jan 2022
Great company shackled by South African economy
Current employee, more than 3 years
Sandton
Recommend
CEO approval
Business outlook
Pros
- Happy / kind employees - Tech heavy bank with future focus - Great work life balance (depending on team) - Lots of flexibility - Great employee perks (leave, wellness center, gyms, loan rate discounts etc). - Great company for people with persons that want reliable hours to raise a family. - Objectively of the best employers in Africa - Company has world wide reputation. No shortage of Alums at top global MBA / EMBA programs
Cons
- Typical large corporate problems - Tenure matures more than output - Certain departments mostly contain dinosaurs (old employees waiting for retirement) - Highly regulated sector - particularly because of SA environment - High starting salary but reluctant to promote / increase pay unless you move internally / manager leaves. - Base pay operates on a "carrot" basis. Pay becomes primarily long term incentive + bonus base. Not much flexibility in this regard.
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