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07-05-2021, 06:51 PM
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Anyone here after the latest techtrek  Also any clue on how many people they might take from 150 peeps
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07-05-2021, 07:03 PM
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They usually take around 10% each batch
Anyway, I'm currently in my second year at DBS after joining their SEED program. For the fresh grads who are attracted by the 5k starting salary, there are trade offs for this
First is the progression, which is almost non existent. It feels like they intend to keep you as associates for very long to get the ground work done instead of promoting you. Plus, salary increments are very very low too and the working hours is exhausting after long.
You might be better off at a tech firm or in another bank.
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07-05-2021, 08:24 PM
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Quote:
Originally Posted by Unregistered
They usually take around 10% each batch
Anyway, I'm currently in my second year at DBS after joining their SEED program. For the fresh grads who are attracted by the 5k starting salary, there are trade offs for this
First is the progression, which is almost non existent. It feels like they intend to keep you as associates for very long to get the ground work done instead of promoting you. Plus, salary increments are very very low too and the working hours is exhausting after long.
You might be better off at a tech firm or in another bank.
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Then why don't you look for other opportunities? Is there any reason for you to stay?
How is the turnover rate for SEEDers?
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07-05-2021, 08:26 PM
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Quote:
Originally Posted by Unregistered
Anyone here after the latest techtrek  Also any clue on how many people they might take from 150 peeps
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Me, but I don't think I'm going to get any offer... So sad. :')
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07-05-2021, 10:10 PM
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Quote:
Originally Posted by Unregistered
Then why don't you look for other opportunities? Is there any reason for you to stay?
How is the turnover rate for SEEDers?
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I'm looking to exit after completing the 2nd year. Many of my peers are also too.
We're mainly trying to transit into tech firms after, but still applying
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07-05-2021, 10:56 PM
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Quote:
Originally Posted by Unregistered
I'm looking to exit after completing the 2nd year. Many of my peers are also too.
We're mainly trying to transit into tech firms after, but still applying
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All the best to you!
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08-05-2021, 08:52 AM
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anyone received their offer? or know when will we get the offer? Thanks and all the best
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08-05-2021, 09:02 AM
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Quote:
Originally Posted by Unregistered
anyone received their offer? or know when will we get the offer? Thanks and all the best
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They actually get back quite fast though. For mine, it was the day after the techtrek.
All the best though!
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08-05-2021, 10:23 AM
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Quote:
Originally Posted by Unregistered
Then why don't you look for other opportunities? Is there any reason for you to stay?
How is the turnover rate for SEEDers?
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My sources tell me that DBS tech division is hemorrhaging staff badly because they just paid out terrible bonuses and increments. For hot skillsets like DevOps the bleeding is even worse. I heard more than half of DBS DevOps team has left after collecting their bonuses in March. Just proves the point that local banks like to lowball their people.
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08-05-2021, 10:49 AM
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Quote:
Originally Posted by Unregistered
My sources tell me that DBS tech division is hemorrhaging staff badly because they just paid out terrible bonuses and increments. For hot skillsets like DevOps the bleeding is even worse. I heard more than half of DBS DevOps team has left after collecting their bonuses in March. Just proves the point that local banks like to lowball their people.
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DBS don't intend to keep their SEEDers for long and are aware on the high turnover rates, thats why they hire so frequently and conduct so many techtreks.
As mentioned previously, if youre looking for a role with progression this is not suited for you.
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