Branch Manager Salary in Gangtok

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.

Likes

Job security and staffs

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Likes

Good Company but Chennai division manager Mr.Kannan very bad

Dislikes

Chennai division DM mr.Kannan ask daily customer to bill deposit their my salary & tell not allowed to new PAR..😡 I have loss Rs.175000 due to pressure from chennai divisional manager Mr.Kannan sir...😥😥 Chennai division many staff attrition ... Now i am reliving this company 😥

Likes

I like company culture environment co operative senior..

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

Likes

Very good salary and benefits Job security

Dislikes

Humiliating treatment to employees Poor work life balance Limited opportunities Non supportive back office Huge non achievable targets Constant pressure from higher authorities for target achievement