2024 fresh graduates, private companies or banks? Seeking advice from all the big shots - V2EX

This is a topic created 75 days ago, and the information in it may have developed or changed.

Basic information: 2024 session 211 Computer Master;

Company

City

Salary

'Business'

Housing Provident Fund

Huawei

Shenzhen

（ 17+n ） k d*（ 12~16 ）high probability 14 months, n is performance

Internal company system

公积金 5%，基数 17k

Agricultural Bank Research and Development Center

Second-tier city, 2-hour high-speed train ride from home

Confidential salary system, annual package around 20 after online news is confirmed

Internal software or platforms of Agricultural Bank of China

公积金 12%，基数=年包/12

Working hours: Huawei is probably 9-9-5, or even longer; Agricultural Bank is normally 8:30-17:30, and busier times are 885;

Current concerns:

① If you choose a state-owned enterprise, you are thinking about stability. How stable is the long-term stability of Agricultural Bank of China? Will it become unstable in a few years, and will you have to look for another job?

② After choosing a private company and being laid off or getting older, is it still easy to find a job?

How to choose, hope the big guys can give some advice.

31 replies • 2024-03-04 11:52:58 +08:00

cabing 75 days ago

If it were me, I would choose ABC if I have money to buy a house, otherwise Huawei.

I don't know if state-owned enterprises are stable.

testonly 75 days ago

The secret salary system, does it mean that the base salary is very low, and the amount depends on the leader's mood? I have seen some state-owned banks like this before. It varies a lot with a change in leadership. I don't know now, of course, in the field of technology, even if the base is low, it shouldn't be very low. The R&D center in the second-tier city you mentioned should be just a branch technology department of a city, right? It's just a more appealing name, if it's a provincial branch, it might be different. In general, if you have ambition, you can jump ship easily. If you lack ambition, you can retire at the Agricultural Bank.

ymmud 75 days ago

Ten years ago, the bank was pretty good. Now the future is uncertain.

nyxsonsleep 75 days ago

华子这个给太低了

txtz 75 days ago

@cabing I also don't know how stable the bank is. There is a risk of Huawei's output, and I don't know how many years it can last; @testonly The confidential salary system should only provide a salary range, the head office's research and development center, not the provincial branch. Most of the online revelations are around 200k; @ymmud How do you say this, senior? I don't really understand the future development of banks; @nyxsonsleep It's not too high, the annual package is probably around 300k;

wangkai0351 75 days ago

@testonly I guess "R&D center in second-tier cities" refers to the workplace being in second-tier cities, and has nothing to do with "branch technology of the city"

testonly 75 days ago

@txtz The head office should be OK, the provincial branch should also be OK, there should not be the situation I mentioned above, mainly because what you wrote is in a second-tier city, thought it was a city branch, and a city branch is hard to say. Anyway, it still depends on your own ambition.

Betsy 75 days ago via iPhone

See if your family's conditions can support you in buying a house in Shenzhen. If not, it's more convenient to stay near home. Many people always think about making money in Shenzhen for a few years and then going back home. In fact, they end up not being able to go back (either can't find a job or can't adapt), and in the end, they can't afford a house in Shenzhen either, and the happiness index is not high.

d873139022 75 days ago

At this price, I choose the bank. Overtime at Huawei is a daily occurrence. Default overtime on the last Saturday of each month. Moreover, compared to that, the salary is not considered high. In a second-tier city, with this salary from the bank, life is very comfortable and enjoyable. There is no pressure when using the housing provident fund to buy a house, it basically covers everything. Moreover, the proportion of Huawei's housing provident fund is too low. The housing provident fund on both sides of Huawei is almost the same as the housing provident fund you pay on one side at the bank.

In terms of stability, it is definitely stable in the Agricultural Bank of China in the long term

noisay 75 days ago

The software development at ABC Bank is acceptable, and it's convenient to be close to home. The salary system is fine, basically the same everywhere. As long as performance is not at the bottom, you can usually get it (except for Ping An).

tita007 75 天前 1

ABC is one of the four major banks, with low risk. If it were a city commercial bank, I would worry about you. Rest assured with ABC. From a personal happiness perspective, ABC is ambitious. My classmate who works at Huawei in the four major firms finds it very tiring technically. He says it's low-level repetitive work that doesn't require his level of ability and fills up his time. I would suggest that you try to build good relationships at ABC, slack off more, don't let your time be fully occupied, and use your spare time for yourself. If you don't care about emotions, loneliness, or buying a house, it's better not to go to Huawei if you are a lone wolf with great ambitions. If you make a mistake buying a house in a first-tier city, you'll have wasted five years. If you don't have a good understanding of monetary or financial studies and don't have guidance from senior family members within the system, don't buy a house in a first-tier city. Don't buy in second-tier cities either, unless you bought one a long time ago. Also, don't buy a car. Having cash is the winning move, but most likely you will buy a car. Haha. Cash gives you the right to choose a different lifestyle in the future. So, I wouldn't trade this right for a car. Among my second-generation classmates, those who work in technology or start their own businesses, even if they come from wealthy families, don't buy cars.

There are even more powerful ones who stubbornly refuse to get married hahaha

buf1024 75 days ago

Choose Huawei, you can retire at 35, banks can't.

xxfye 75 days ago

Here are some facts about banking technology: First, as long as you don't completely slack off and make your colleagues and leaders angry, you are unlikely to be laid off. If you can't develop, you can do testing; if you can't do testing, you can work on versions; if you can't do versions, you can join the party or the union. There are plenty of positions that are dirty and tiring but don't require much thinking, making it easy to choose what you want to do. Secondly, when banks get busy, they also follow the 996 work schedule. Split the year into half 885 and half 996, and often have to stay up late to monitor version releases.

Finally, the Agricultural Bank's annual package of 200,000 yuan is real, the highest among the four major banks. However, the common calculation method for bank annual packages includes the unit contributions of housing provident fund and social security, as well as benefits such as gifts during holidays. This is essentially the company's human resource expenditure in popular terms. Calculate the actual amount you receive yourself.

ReactRails 75 days ago via iPhone

Select Bank

Anshay 75 days ago via iPhone

Huawei OD employees say, don't come unless you accept no rest time, fixed overtime on Saturdays, earliest off work at 9 a.m. on weekdays, and busy until midnight. It's not that everyone is like this, but if you want to move up, you have to do this, otherwise you'll be stuck at the same level for two years and then leave. If you're over 30 and not at level 17 or above (very difficult), your contract won't be renewed. Non-R&D positions can switch to Zhongrong or other outsourcing companies (pure monthly salary with no other income, no year-end bonus).

adsltsee94 75 days ago

Bank

kkk9 75 days ago

@buf1024 #12 Laughing heartily, whether it is healthy at the age of 35 is still a question

achira 75 days ago

Huawei is not strictly a private enterprise

unregister 75 days ago

996 can't hold on.

unregister 75 days ago

9 o'clock off work is the minimum standard. Others work overtime until 12 o'clock, rounding it up to be considered as working overtime for nothing.

sunwei0325 75 days ago

Internal systems within the company are usually like horse races. If you win, it's good. If you lose, you either get acquired by the winner or change positions. Without exception, they are all non-elite forces.

KlesaOff 75 days ago

Similar to your situation, Hua Zi is in a second-tier city with the same salary as you; the bank is not Agricultural Bank of China, but another state-owned bank's data center, where the pay might be slightly less than at Agricultural Bank. I chose the latter mainly for the security and less strenuous work, as the pay is sufficient in a second-tier city.

tita007 75 days ago

Otherwise, the future days will be difficult.

BBCCBB 75 days ago

Banks are stable, generally do not lay off employees..

BBCCBB 74 days ago

Huawei is more likely to be laid off.. The probability is much much much much much much much much higher than that of banks.

txtz 74 days ago

@BBCCBB always feel like once you enter the bank, you can't get out. This is how it is for the rest of your life.

dogvscat 74 days ago

Don't get caught up, just bank. In the CN system, the wind direction changes too much.

txtz 74 days ago