MUFG reviews

I worked at MUFG across 2 branches on both the JCB and GCIB side. 1) After a year or so, I negotiated my promotion salary based on two points 1) my current actual earnings (as I had already been doing the work of the new title, and was being paid a lot of overtime) and 2) the market rate for the position, which is higher than my pay with OT. HR tells me they can't pay market rate because the profits are not comparable to other financial institutions. Yet when I was first hired and had the conversation with the exact same HR person, they named those exact same FIs as their market competitors. 2) I was fed a lot of guilt-trip about how they were promoting me after I only worked their for 1.5 years (even though I was doing the work of the new title for over six months) and they were promoting me over another person on the team at my previous level. A month later they also promoted them. Promotion cycles take at minimum 6 months. They already knew they were promoting them. 3) I interview for another position at GCIB, thinking it would be better. The position was for Associate, but they said they could not promote me from Analyst so soon as I was just promoted, but if I could prove myself a promotion next cycle was highly likely. 4) I was doing the exact same work as the previous associate, with even more additional duties due to restructure within the team. I was being paid 70k less total compensation (base + bonus). 5) I later found out someone else on the team who joined the team as analyst made 15k more in base than me. 6) When I was finally promoted to associate after fighting tooth and nail for 7 months, I was still being paid 40-50k less TC than the previous associate, and 30k less than the other person on my team. At this point I had another offer so I didn't bother negotiating. Do not work here if you expect fair market compensation for your efforts, want to advance in your career/learn new things, and/or if you are a nice, decent person. You either 1) become a hardened corporate drone, or 2) you are fully taken advantage of. Either way, you will become utterly miserable, and you won't realize how miserable you were until you finally leave the environment.

The corporate culture allows sexism, gender inequality, racism, harassment, bullying, backstabbing and favoritism. Incompetent white men succeed as white privilege is a thing for the JPN mgmt. Perf does not matter for them as long as they are habitual liars, and yes men. I have seen so many more qualified and experienced women ended up losing their promotions to those men. There has not been a woman executive for a long time. Even if there is one, she is a token. Every year, responsibilities increase without compensated pay for those who actually work. If you say no, you are insubordinate. If you decide to speak up and report issues, the HR will deny any unlawful activities and claim the company has lack of resources for the business needs to shut you up. Retaliation will then follow to make you not want to go to work until you decide to quit, so they don't have to face a risk of being sued and pay unemployment benefits and also increased tax rates. Talking about "Turnover" this place takes it to a whole new level. HR dept is unethical and dishonest.