Tuesday 11 December 2007

dis-organizational behavior

how can a company be so disorganized???? i hate it.....
i'm working with a bank, in their private banking division. a slot 1 placement, which i chose over goldman sachs, AIG and icici structured products. a very respected and coveted job, revolving around client relationships. a starting salary at a CTC in 7digits, with bonuses capable of jumping to 30-40 lakhs in 3 years. dream job??? i thought so.....

well it started off as a farce....there's hardly any client relationship management...mostly sales. every product you try to sell to every client, without even attempting to analyze their portfolio and see what should be invested into by who.

but thats the nature of the job. this complaint is about the company.
this conglomerate is a gujarati company. needless to say, it's very aggressive.
this was highlighted to me at the very start of my career. first of course i had to sit twiddling my thumbs for 3 weeks as i wasnt assigned a silo. when i finally was, my silo head (SH) asked me to sit tight for another week while they closed deals on an ongoing product, coz of course their sales are more important than good HR and employee relations.
then of course, the daily irritations of an attendance muster which records your punctuality, as if you're a freaking junior school kid. and the surprised looks people give you when you leave at 615.

how about the branch meetings, where the topic is always either discipline, or the lack of it in selling a product (2 evergreen lines are "this is a very good product guys" and "yeh bechna hi hai!!")??

moving on, we had our induction programme for 2 days on 27-28 august, almost 3months after joining, as compared to month long inductions or year long trainings offered by more professional banks.

the 2-3 lectures i've received from the SH talking about how i'm a resource the company is spending a lot on, and i have to justify the cost.
the total lack of team spirit, no parties, 2 lunches in 6 months, with conversations revolving around clients (admittedly, this might be an easy topic, but try something more unofficial man!!)

the puppetmaster, who bitches and whose voice is always heard by parties that favour him
the 1 and a half day offsite to an inexpensive location like sri lanka, sponsored by jp morgan.

but what really is the icing is the new restructuring. after we've worked for over 6 months, and achieved at least some sort of results, they're taking our work away from us. no new meetings, existing clients & follow ups go to other members of the silo, and we get to be shadow RMs. this involves basically working as EAs to some senior RMs. of course my SH showed no faith in me and asked for another MT to be assigned under her. not that i wanted to be that MT, but it was basically a show of confidence. although my results have been better than hers so far.
the point is, y after 7 months? is it a signal that our work is not good enough?? that we have no talent to even do a job like this which requires no intellect at all, just an ability to chatter like a monkey? how can they induce so much uncertainty in an employee's life? first those insane reviews for all, now this for us???

its all so bloody GOOD!!!!!!!
job openings, anyone???????????????

No comments: