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  #21  
Old Sunday, December 12, 2010
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Quote:
Originally Posted by saimakhan View Post
Please Don't Compare ABL with NBP , NBP hires MT as OG 2, and pay Rs.37,000/ per month with so many other benefits. so for NBP one must required efforts, hard work, knowledge, "LUCK & Reference" too .
definitely ABL not a first choice.
nowadays mtos test are not gup and selected candidates truly deserve minimum 25000 per month.
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  #22  
Old Sunday, December 12, 2010
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MTO test are never be a ""GUP"" always,
But We couldn't change Market situation and ignore demand & supply rules,
You may be right a student spend more than 16 years on his education and spent a lot of time, money and efforts deserve to get RS. 25K per month, but the reality is that not every one can get.
thats ways many organization exploit them and pay less,
I would like to share you some example from Banking industry here.
HBL didnot announced MTO/ RBO after May 2009.
Bank AL Habib , Habib metropolitan bank decreased the age limit to 25 years, and you surprise to know they pay trainee 16k to 18K ,
Meezan bank converted their MTO in TO program and pay 16K,
MCB pays TBO 17-18K, Citi bank, Standard charted, Bank Falah didn't announced their MTO program since last two years,
Faysal bank and many other Banks preferred only foreign graduates and IBA, LUMS top scorer only.
Tameer. kashaf, and other micro finance & commercial banks also pay less and get more work without any benefits. even you can imagine a Operations Manager in Tameer Bank get Rs. 17k gross salary,
there are only some Govt. banking institution pay reasonable like State Bank & NBP.

Quote:
Originally Posted by salmanshah1 View Post
nowadays mtos test are not gup and selected candidates truly deserve minimum 25000 per month.
"Har pool kis kismat mein nahi taj-e-aroosa, kuch pool tu khilta ha faqat mazaroo ka lya"

Last edited by Andrew Dufresne; Sunday, December 12, 2010 at 07:20 PM. Reason: Please avoid using red color
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  #23  
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Quote:
Originally Posted by saimakhan View Post
MTO test are never be a ""GUP"" always,
But We couldn't change Market situation and ignore demand & supply rules,
You may be right a student spend more than 16 years on his education and spent a lot of time, money and efforts deserve to get RS. 25K per month, but the reality is that not every one can get.
thats ways many organization exploit them and pay less,
I would like to share you some example from Banking industry here.
HBL didnot announced MTO/ RBO after May 2009.
Bank AL Habib , Habib metropolitan bank decreased the age limit to 25 years, and you surprise to know they pay trainee 16k to 18K ,
Meezan bank converted their MTO in TO program and pay 16K,
MCB pays TBO 17-18K, Citi bank, Standard charted, Bank Falah didn't announced their MTO program since last two years,
Faysal bank and many other Banks preferred only foreign graduates and IBA, LUMS top scorer only.
Tameer. kashaf, and other micro finance & commercial banks also pay less and get more work without any benefits. even you can imagine a Operations Manager in Tameer Bank get Rs. 17k gross salary,
there are only some Govt. banking institution pay reasonable like State Bank & NBP.



"Har pool kis kismat mein nahi taj-e-aroosa, kuch pool tu khilta ha faqat mazaroo ka lya"
bank alhabib pays 24.
meezan pays 20 after 6 months training.
faysal bank is merging with RBS so thats why they prefer foriegn degree.
mcb pays 24.
my friend got selected in standard charted some 6 months ago.
bank alfalah mto test was in nust, islamabad last year. i remember it because it was a big fraud.
and i dnt know about other banks, u mentioned.

when we compare size of abl with these banks then abl is no less then these banks.

so 25000 is very much appropriate.

Last edited by Andrew Dufresne; Sunday, December 12, 2010 at 07:21 PM. Reason: Quote
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  #24  
Old Sunday, December 12, 2010
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Quote:
Originally Posted by salmanshah1 View Post
bank alhabib pays 24.
meezan pays 20 after 6 months training.
faysal bank is merging with RBS so thats why they prefer foriegn degree.
mcb pays 24.
my friend got selected in standard charted some 6 months ago.
bank alfalah mto test was in nust, islamabad last year. i remember it because it was a big fraud.
and i dnt know about other banks, u mentioned.

when we compare size of abl with these banks then abl is no less then these banks.

so 25000 is very much appropriate.
ALHABIB pays 22k after training, but they are gender biased .


Quote:
Originally Posted by salmanshah1 View Post
nowadays mtos test are not gup and selected candidates truly deserve minimum 25000 per month.
Why 25k, how you came about this figure?
I think fresh grads should follow two simple rules:
1. Look for an employer that provide good opportunities for grooming(technical, communication, personality etc.)
2. Don’t forget rule # 1

(http://greenwhite.org/blog/2008/04/2...arting-salary/)



Quote:
Originally Posted by satram View Post
have u confrm that they r recruct 500 pls as mto? who said ?
Confirmed

Last edited by Andrew Dufresne; Sunday, December 12, 2010 at 07:27 PM. Reason: Merged
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  #25  
Old Sunday, December 12, 2010
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As each bank has its own grading system ...which sometimes is not comparable even with other banks.. So in batch hiring or in normal hiring process salaries would be according to grade in which u r getting hired...so ther should be no question regarding salary from fresh graduate...Yes salaries are negotiable for experienced bankers

Now the things to Notice According to me for fresh graduates are......

1. Market repotation of Org. which u r going to join
2. How much the experience u gain over there is worthy
3. wats the career path...Career Development
4. Any bound Signing
5. Job Security
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  #26  
Old Sunday, December 12, 2010
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Quote:
Originally Posted by saimakhan View Post
I think fresh grads should follow two simple rules:
1. Look for an employer that provide good opportunities for grooming(technical, communication, personality etc.)
2. Don’t forget rule # 1

(http://greenwhite.org/blog/2008/04/2...arting-salary/)
again read second last line of my previous post .
gender biasness is every where.

and what is the source of ur info that there are 500 seats of abl mto?

if there are 500 seats then i have 99 percent chance . : )

good thing in abl mto is that bond is 1 lac. it means we can easily shift to another good job.

Last edited by Andrew Dufresne; Sunday, December 12, 2010 at 07:28 PM. Reason: Merged
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  #27  
Old Sunday, December 12, 2010
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Smile Best of luck


its confirmed 500 Plus Seats for MTO & ABL going to announce VSS/ golden handshake in next month.

sorry i couldn't share source here but for hint (See post # 142 & 143 in this thread)

Quote:
Originally Posted by salmanshah1 View Post
again read second last line of my previous post .
gender biasness is every where.

and what is the source of ur info that there are 500 seats of abl mto?

if there are 500 seats then i have 99 percent chance . : )
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  #28  
Old Sunday, December 12, 2010
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I think whatever reasonable opportunity comes in a way must be accepted there is seriously dearth of jobs in market..if ABL is initially offering 22500 its not bad mostly banks are now offering below 20000...
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  #29  
Old Sunday, December 12, 2010
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UBL permant hiring is still banded from last two years and they are doing inside hiring on contractual basis.... contract employee ko permant employee ki tarah kio benefit nahi hota no bonus no loan facility... n they are paying 12000 to max 18000......... n no salary increase from last two year whtever u do how much dedicate u r....
so in my point of view ABL is gud platform..........
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  #30  
Old Sunday, December 12, 2010
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Quote:
Originally Posted by Ambreen Nasir View Post
UBL permant hiring is still banded from last two years and they are doing inside hiring on contractual basis.... contract employee ko permant employee ki tarah kio benefit nahi hota no bonus no loan facility... n they are paying 12000 to max 18000......... n no salary increase from last two year whtever u do how much dedicate u r....
so in my point of view ABL is gud platform..........
UBL recently hired new batch of Retail Banking Officer (RBO) in July 2010. And the salary package is Rs. 22000 pm. According to current market situation it is reasonable. Next batch is expected in Feb 2011
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