Business Loan Manager Salary in Virar

Likes

Job Security

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

Likes

Work Culture, team support, learning, guidance by senior/super senior.

Dislikes

Bonus system because those employees work good or those who work not good both get bonus same as per grade.

Likes

Skill development and learning banking

Dislikes

Salary and job confirmation is totally Disappointing ,PF deducted in basic salary, worked for one year then still not job confirmation as there rules , privilege and sick leaves also just Formalities when you resigned they deduct in your F&F

Likes

A great place for growth, but work -life balance can be a challenge. ICICI Bank provides excellent learning opportunities for career growth, especially for those starting out in banking and finance. structured training programs and a focus on skill development.

Dislikes

Slow growth, work environment, infrastructure, job roles, salary compensation.