Venture Reviews

20 Reviews
2.9
20 Reviews
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Wong Ngit Liong
6 Ratings
  1.  

    I was wondering why am I still in Venture. For good reasons of cos.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer in Singapore (Singapore)
    Current Employee - Engineer in Singapore (Singapore)

    I have been working at Venture full-time (more than 8 years)

    Pros

    1. Great working environment. Always hear fun and laughter. I mean everyday!

    2. Depends on the department, R&D has very little politics. If there is, it is always about getting job done.

    3. Great learning environment. Never heard of people got fired for making mistakes even it cost the co millions so long one try his best to fix it.

    4. Career path is really up to individual to carve it. Work hard, promote fast, lazy want work life balance, normal or mediocre career path. Really up to individual.

    5. Supportive and understanding management. I bet with my last dinosaur dollar, you won’t find a better management than this one.

    6. Reasonable bosses. Corporate tyranny is not an acceptable culture. Never try to pull rank here. You die very fast. But if someone does pull rank with you means, you better get the job done quickly.

    7. Cordial work environment. It cannot be more cordial than the fruit punch.

    8. Salary depends entirely up to individual. Want get high pay, see shxt do the shxt job, see problem take up the fire hose and put it out the first fast. The company will pay and reward you well.

    9. Family friendly. If your child or pregnant wife is sick, we understand. Pls go and take care of them first. Come back just work double hard to pay back .

    10. Depends on department and individual. If one have been delivering his work well, flexibility is “unlimited”. But if one's work is bad and keep delay schedule, etc, sorry.. he will be watched UNLIMITED!

    11. It is a company that focus a lot of engineering skills with lots of subject matter expertises.

    12. Good annual bonus. Where to find this kind of bonus these days?

    13. A company that treasures talent. If you are a talent, you resign and can come back and resign and come back and resign and comeback and stay on!

    14. Good profitable and cash flow company that ensure job security.

    15. Only the best people thrived here. Venture R&D talents are highly sort after. Other companies pay premium to attract their talents.

    Cons

    1. Current health care benefit is lousy. May need to top up for medical bills for seeing doctor.

    2. Poor Co Insurance. Better buy your own when you travel for business.

    3. The more capable you are, the more busy. The less capable you are, less busy.

    4. The higher you go, the worse the stress. Depends on your health, when reached certain level better stop.

    5. Low leveraging because it is top heavy.

    6. Glass ceiling and career for very technical people. So come in first few years learn to work. Next few years better learn to talk and learn more presentation skills.

    7. Because of its business nature, work scope and R&R very unclear. Only clear to the top but blur at the bottom.

    8. Decision is always at the very top. I mean the pinnacle.

    9. Career path can be challenging. Yes you can carrve it but you can be uncurved if you got no talking and presentation skills, Same everywhere.

    10. Very conservative management. Liken a bird in the hand, squeeze scared it die, let go scared it fly!

    11. Very hard work for many projects for everyone at every level.

    12. Work load not uniformly distributed. It is very much depends on the nature of business and project

    13. It is a very very very very very very very very frugal company.

    14. For what it is, it is a no frills company. It is a pro for shareholders and customers, and a con for employees.

    15. Those who keep hyping about career planning etc. pls go join stat board. This place is about you able to fight it out and strive to move up. No career planning at all. Jiro.

    Advice to ManagementAdvice

    Venture has arrived to where it is for the past many years due to its great management competency and legacy. Future cannot depend on what work in the past and apply them for the future. To maintain the status quo, no change is needed. However to expect exponential growth based on old system and methods IMO is doubtful.

    Talents it has now need to be maintained else attrition of technical stuff will erode the company core competency. In this industry it is not easy to hire people who have so much wealth of knowledge experience accumulated in the 90s and 20s of HP days. The challenges also because young people do not want to do engineering. Low leveraging is it's achilles heel.

    Management can always hire. Talented engineers once gone.. they are gone.. many went into property, academics, sell char kuay tiao, drive taxi, do forex trading, do online business and gone forever.

    The smart people are not always up there at the top, some are down there, your engineers. You need to involve them in your business and wealth creation. Even allow some things just don't make profit initially just to seed them. Some of the most talented engineers quit to start their own business and are self employed doing better in terms of their income.

    Finally, pay does not solve every problem. Work scope and allowing the people to scale up and have more ownership in decision making process will motivate many.

    This is my most honest opinion even though it may become 忠言逆耳

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Venture Interviews

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Interview Difficulty

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Average

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  1.  

    Process Engineer Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through an employee referral. The process took 2 daysinterviewed at Venture in April 2010.

    Interview Details

    Boss offer to return to original position that quit one year ago. Negotiate to get a higher salary and better benefit.

    Interview Questions
    Accepted Offer
    Neutral Experience
    Easy Interview

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Additional Info

Unlock Profile
Website www.venture.com.sg
Headquarters SINGAPORE, Singapore
Size 5000+ Employees
Founded Unknown
Type Company - Public (V03)
Industry Manufacturing
Revenue $2 to $5 billion (CAD) per year

For Venture Corporation Limited, contract manufacturing is an unlimited adventure. Through some 40 subsidiaries, the company offers electronics manufacturing services (EMS), original design manufacturing (ODM), and supply chain services (through its e-Fulfillment division). EMS, which accounts for more than 80% of sales, makes printed circuit boards, fiber-optic switches and transceivers, and provides box-build (complete system) assembly for companies such as Agilent, IBM, Intermec, and HP. Its ODM companies specialize in printing and imaging equipment (VIPColor), plastic... More

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