Cluster Head and Vice President Salary in Banking in India

Likes

It's good experience & very professional culture.

Dislikes

Salary & other employee benefits not upto mark or good enough.

Likes

...person's works. 3. Time frame is decided for work but workload is very high. 4. New commers are comming in high package as compared to old employees. 5. Average increment is 4.5% in a year which is not fair as compared to inflation rate. 6.Overall status is average.

Dislikes

Employee retention is poor.

Likes

Teammates are supportive, good work environment and culture

Dislikes

Salary is decent but career growth is slow.

Likes

Salary and compensation: People coming from outside can take some very good hike while joining HDFC. They don't limit that upto 25 to 30% hike, if you can negotiate better, you can take some good hike which other banks might not offer, people gets upto 50 to 60% hike while joining from other banks. Home loan rate of interest is 2.5% to 4% for employees Car loan rate of interest 4% Personal Loan rate of interest is at around 5% 5 working days 1 day work from home in a week. Organization culture: Most of the people are there in the bank since inception and for many of them this might be the first organisation, due to this there is pros and cons, those people have not worked outside HDFC are not experienced the outside world and thinks in their own way, people who are very senior are very loyal to the organisation and gave all their life to build this organisation, hence they have different emotions involved in to it.

Dislikes

Yearly appraisal hikes are not very good