Area Manager Salary in Panchkula

Likes

They really do care about employees & the benefits except salary are one of USP of this company like helping hands, term insurance etc.

Dislikes

Only numbers matters here at the end of the month, quarter & year sometime overlooked the efforts made by the workmen

Likes

The compensation at Area Manager and above is unmatched and much higher than industry standards along with a very robust training and induction program to ease you into the system.

Dislikes

There is no semblance of work life balance, Company has a concept of Peaking to increase revenue which means the team has to sit biweekly till 12 in the night to hit their targets which are very very aggressive. Company also doesn’t believe in economics and has a habit of setting promise numbers much higher than the growth rate of the Building and chemical industry which unnecessarily puts a lot of pressure on the sales team.

Likes

Good company. Having Employee friendly. Happy to work here...

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

Likes

Growth opportunity. System driven. Salary & benefits. Great township facility.

Dislikes

Salary discrimination between GETs and experienced lateral recruits. Excessive work load. Poor work life balance. Competency of persons positioned at some of the leadership roles needs to be reviewed.

Likes

Fix office timing and supportive staff

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.