| Q1. What is the main focus area of RS? |
| Ans: RS has over 18 years of experience in the domain of Electronic Payments Industry. The focus in this domain is strengthened more due to the continual emergence of new Payment instruments. The rapid growth in the electronic payments space across all the segments is forcing our target customers to constantly rethink their offerings strategy, shortening their time to market, and creating the need for a full service provider that understands the dynamics of the payments business. RS's strategy is to fulfill this need. |
| Q2. How competitive is the compensation structure at RS? |
| Ans: Compensation structure at RS is linked with individual performance and competence. The pay structure follows a performance linked variable compensation plan, which is assessed during one’s performance evaluation. From time to time we compare our compensation with the competitors and position ourselves accordingly. We also perform the compensation equity study among our internal members on a regular basis. To summarize, our compensation is one of the best in the Industry. |
| Q3. How fast can a professional grow in a company like RS? |
| Ans: At RS, we thrive on challenges. We set our own benchmarks, whether in terms of scale, complexity or criticality, and then, push the limits. RS is one of the few software companies where you can get an opportunity to work on cutting-edge, complex, and mission-critical IT projects.
We also have different career opportunities available for the employees, which are linked with the organizational core competencies. Our Talent Management programs are designed to identify the interests of the employees and they are endorsed to work in their desired domains, processes and skill-sets.
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| Q4. Can a person work from home under special situations/conditions? |
| Ans: In today’s challenging business environment, our quest is to bring about a balance between business continuity and ensuring work/life balance for our employees. Being an employee friendly company, RS is primarily focused to offer flexibility to all its employees. In compelling situations RS facilitates its employees to work from home on a temporary basis. |
| Q5. What kind of training opportunities does RS provide to its employees? |
Ans: We pride ourselves on being a learning organization where individual growth never stops. Right from the time you step into RS, we provide opportunities for you to grow - both in technical and soft skill areas. Learning in RS is a constant process with counseling, mentoring, honing existing skills, and developing new skills leading to opportunities to scale up from one role to another.
Learning and development initiatives encompass multi-tiered structured training programs and individualized development plans aimed at personal and professional growth. We also have leadership development programs, which recognize ace performers across business domains and they are trained to take on key responsibilities. |
| Q6. How does RS help recruits from other regions to settle down in Kolkata? |
Ans: At RS, we understand the apprehension that is associated with the thought of relocation. To ensure the well being of our employees who’ve migrated from other locations, we provide relocation expenses, facilities like free stay in the guesthouse for around fourteen days, assist them to find a suitable house and help them to settle in. We also help incase they have any problems or concerns with respect to culture and or any other adjustment related issues. |
| Q7. What scope is there for social networking? |
Ans: ‘Boredom’ and ‘monotony’ are terms that RSites are unaware of. Our organization is always buzzing with activity and there are friendly colleagues, an approachable management, world-class projects, and enormous opportunities to make life interesting and enjoyable. We encourage diversity & an active lifestyle through various interest activities such as chess, football, badminton, debate, quiz sessions and musical programs.
Yes, we work hard but we also do our best to ensure that work is fun. The pace is intense, but the employees are confident to control their own future – because at RS, they can shape their future the way they want it to be. |
| Q8. Which aspect of payment industry does RS Software cater to? |
| Ans: RS Software has its core competency in mission critical applications of authorization, clearing and settlement of Payment transactions. RS Software provides Application Management Services, Managed Services and Domain-based solutions to Payment industry companies like Card Associations, Processors, Acquirers, Issuers, ISOs, and merchants. It has over 18 years of engagement experience with the world’s no.1 Card Association and Payment Network, as well as leading Processors in US & UK. |
| Q9. How one’s performance is recognized in the organization? |
| Ans: We believe that any job can be fun if you have the opportunity to use your insight and intelligence to improve a task or process. We are in the business of continual process improvement and encourage RS-ites to make a difference to their work.
As an organization, we are strongly committed to recognizing performance at the individual and team level, and expressing our appreciation for the same.
There are awards like Star Performer Award, Star Achiever Award, MD’s Special Category Awards, Long service awards (upon completion of 5 years & 10 years), ESOPs, Star of the Month, and Client Appreciation scheme to appreciate individual performances.
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| Q10. Are training sessions conducted by SME’s who have hands-on experience on projects? |
| Ans: SME’s with appropriate subject knowledge and expertise are deployed as trainers. Selection standards are stringently applied for deciding the trainers from both internal and external sources. |
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