03-10-2022 10:47 PM |
Unregistered |
Get high pay at startup, jump into mid tier tech like Workday, Talk walker, Salesforce
Then from there leap into big faang.
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24-09-2022 02:08 AM |
Unregistered |
Quote:
Originally Posted by Unregistered
fired for being inable to deliver
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fresh grade i got an offer of 8-10k
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11-05-2022 05:38 PM |
Unregistered |
Quote:
Originally Posted by shootingmen
I think he's referring to bulge bracket banks, not the likes of SEED etc. DBS etc probably don't deal with trading applications as much as bulge bracket banks do. You think the fresh grads getting paid 7-8k starting salary as SWE in bank tech is trash? LMFAO.
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Imagine bumping a old thread to reply to some retard going off-topic in it and trying to defend said person.
Cringe
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10-05-2022 02:45 PM |
shootingmen |
Quote:
Originally Posted by Unregistered
i have to agree with others on here, i legit dont know what the fk you talkin about , just cos u saw a few FAANG people in ur company bank or wherever the fk u work at , how does that mean banks are NOT treating tech as a cost center ? LOL
banks mass hiring fresh grads doesnt mean anything bro theyve been doing that for the past 5 years , u look at SEED , UOB , OCBC programmes etc , they mass hire a pool of tech people where 80% of them are trash and the 20% who actually wants to get into fintech , end up leaving after 1-2 years in the programme anyway
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I think he's referring to bulge bracket banks, not the likes of SEED etc. DBS etc probably don't deal with trading applications as much as bulge bracket banks do. You think the fresh grads getting paid 7-8k starting salary as SWE in bank tech is trash? LMFAO.
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05-05-2022 06:42 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
The good thing is that this is changing. Banks are now hiring tech employees at record levels, and they're fighting hard against their competition, which gives an upward pressure on salaries. I was in banking tech not too long ago, and I saw no less than 4 new hires from FAANG (albeit at VP level and above). The competition between banks, and with Fintechs means that management is waking up their idea on treating tech as a cost centre.
It also makes a big difference which team you're in. If you're working on new modernisation projects, the skills you get are a lot more sellable. If you're mostly supporting BAU on legacy services, then it can be quite a dead end if you do it for long.
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i have to agree with others on here, i legit dont know what the fk you talkin about , just cos u saw a few FAANG people in ur company bank or wherever the fk u work at , how does that mean banks are NOT treating tech as a cost center ? LOL
banks mass hiring fresh grads doesnt mean anything bro theyve been doing that for the past 5 years , u look at SEED , UOB , OCBC programmes etc , they mass hire a pool of tech people where 80% of them are trash and the 20% who actually wants to get into fintech , end up leaving after 1-2 years in the programme anyway
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05-05-2022 05:34 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
Err...it's a mindset shift. It doesn't happen overnight. There's a lot of attrition going on in banking tech because of opportunities elsewhere, and yet banks are announcing goals of adding net increases in their tech workforce by the thousands. If this is the official policy, do you think nothing is changing?
If your salary isn't going up, don't blame anyone else.
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whether a department is a cost centre or not, it depends on whether the team generates revenue. so how exactly can tech be revenue generating dumbshit
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05-05-2022 02:31 PM |
Raymond |
Quote:
Originally Posted by Unregistered
Lol if it's such an obvious take, then why are people throwing shade and making blanket statements about banking tech?
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You wrote,
It also makes a big difference which team you're in. If you're working on new modernisation projects, the skills you get are a lot more sellable. If you're mostly supporting BAU on legacy services, then it can be quite a dead end if you do it for long.
This is an obvious take that adds nothing to your initial argument about how bank treats tech like a cost center. To me it just seems like you don't really know what you're talking about and wanted to add something obvious at the end of your statement to give yourself more credibility.
If you're actually serious, maybe make an account and provide some valid counter-arguments. Otherwise I'll just assume you're trolling and you're not even a SWE / SDE.
No offence, I am just genuinely curious about your initial claim and want to know more. I frequent TeamBlind and CSCareerquestion often, I've heard of the opposite of what you're claiming so far from actual tech employees working in bank so I'm wondering if this is a regional thing.
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05-05-2022 01:55 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
what are u high on? the term 'cost centre' is not a label where the bank can simply change like that lol. you clearly do not know banking well, so please just stfu.
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Err...it's a mindset shift. It doesn't happen overnight. There's a lot of attrition going on in banking tech because of opportunities elsewhere, and yet banks are announcing goals of adding net increases in their tech workforce by the thousands. If this is the official policy, do you think nothing is changing?
If your salary isn't going up, don't blame anyone else.
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05-05-2022 01:43 PM |
Unregistered |
Quote:
Originally Posted by Raymond
Your last line is also a pretty obvious take, not sure if there's even a point mentioning it. It's equivalent to saying "if you join a awful company, you will have a bad time." Yeah duh.
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Lol if it's such an obvious take, then why are people throwing shade and making blanket statements about banking tech?
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05-05-2022 12:46 PM |
Unregistered |
Quote:
Originally Posted by Unregistered
The good thing is that this is changing. Banks are now hiring tech employees at record levels, and they're fighting hard against their competition, which gives an upward pressure on salaries. I was in banking tech not too long ago, and I saw no less than 4 new hires from FAANG (albeit at VP level and above). The competition between banks, and with Fintechs means that management is waking up their idea on treating tech as a cost centre.
It also makes a big difference which team you're in. If you're working on new modernisation projects, the skills you get are a lot more sellable. If you're mostly supporting BAU on legacy services, then it can be quite a dead end if you do it for long.
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what are u high on? the term 'cost centre' is not a label where the bank can simply change like that lol. you clearly do not know banking well, so please just stfu.
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