Chief Manager Salary in India (Updated 2025)

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Job Security

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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.

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Management members are always encouraging as well as helping to learn new work task which could help for a better carrier

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The bonus is a part of CTC net pay, but while releasing bonus to employee the bonus amount is getting deduct based on R1 and R2 yearly rating.

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Salary is good now due to bipartite settlements . Now new PLI is also introduced by Finance Ministry for levels above executive cadre

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Work culture is too bad. Looks good ONLY from outside. Those who don't care of their ego , self esteem , family life, health can still enjoy working here by listening anything from their Management.

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...ork at various departments and locations. Good staff training facility is there. Salary is good.

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Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

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Good work culture, job security, ample opportunities for learning and career growth, a strong brand reputation, and a positive work environment; many also mention the company's commitment to employee development and the chance to work across diverse retail formats within the Reliance group.

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Long working hours with poor work-life balance, excessive pressure from management, limited career growth opportunities, low salary increments, a culture heavily reliant on senior management, and sometimes inadequate leave management.