Why Career in Banking? 5 Reasons to Work at Banks

Reasons to work at bank

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Category :Career Advice

Jobs in banks have changed these days. These are not the same as they used ti be. Bank provides a good salary n security of job. The underlying article discusses the various reasons for choosing your career in banks.

Concept of IBPS is not very old and has helped the aspirants to get recruited in banks and seek careers in banking. Number of aspirants for a banking career (clerks, Bank PO etc.) is increasing day by day and so are the coaching classes for such courses. But what is that makes the banking career attractive. What is that, that makes even the science graduates and the management students to switch to an entirely different field? Let’s find out: -

Goodwill
Working at a government organization is always a matter of prestige. Designation doesn’t matter. People working at banks often don’t tell their designations but say they work at bank.

Employees that have worked for government banks have a better chance to get another job anywhere. It is easier for them to get jobs at foreign countries.

Job Security
Banks remain unaffected from the market impacts, economy slowdowns etc. Even at the times of recession, those working at banks were more relieved than those working for private organizations. The only duration that seems tough to the new joiners is the probation period but once they get confirmed there is nothing they have to worry about.

Work Timings
Unlike majority of private organizations that offer handsome packages, banks offer a personal life to banking personnel. The most impressive thing in a banking career is that the work timings are fixed. If the bank remains closed on Sundays, then it remains closed. The only crucial time is the financial year ending, else the work timings are well defined and well respected.

Work Culture
There is never excess work pressure, seldom are the bank employees asked to stay late at the office as a result of which they may use the rest of the time for their self and family members. Those who have worked at private organizations are aware of how hard it is to serve them. They may be called anytime, getting promoted is entirely performance based and that doesn’t happen always etc.

Other Benefits
Other benefits also attract the job seekers to get recruited into the banking sector are pension schemes, eligibility and ease in getting loans etc. Since the banks have their branches in cities, towns and villages request transfers may be easily initiated for valid reasons. Even the management supports for such reasons most of the times.

Working at banks is a healthy career option for the above mentioned reasons probably that is why even those with established careers prefer to opt for banking careers whenever they get chance to do so.