Workplace reviews and discussion: 國泰世華商業銀行股份有限公司

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國泰世華商業銀行股份有限公司
Pros

1. Beautiful office

2. A place to coast toward retirement

3. Benefits such as group insurance, various subsidies, and so on

Cons

1. The senior management in the Information Technology Department changes too frequently (every 1–2 years). Each change is followed by a reshuffling of senior management, while work priorities and the promotion system are also adjusted accordingly.

2. Severe factional infighting.

3. Managers have too much power. If you are not careful, do not know how to curry favor, and do not put on a good show at year-end, you may not receive the six-month bonus.

4. The six-month year-end bonus guaranteed by HR is not paid every year. As a conservative estimate, it is better to calculate based on a four-month year-end bonus.

5. There are many employees who pull rank and push their work onto others. Administrative efficiency is low; “one team” is just a slogan.

6. The hierarchy is overly rigid; working here is no different from serving in the military.

7. The promotion system is unfair. Meeting the performance requirements does not mean you can be promoted on your own; you can only be promoted if your manager nominates you. When McKinsey was brought in previously, employees could nominate themselves for promotion, but after McKinsey left, the company culture reverted to the old Cathay Life way.

8. Those considering joining should think twice. The prerequisite for staying here until retirement is being able to accept this culture of constant infighting. People who simply want to work without engaging in office politics will only find that the more work they do, the more uncertain their performance rating becomes.

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