Finance Manager Salary in Indore

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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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Salary on time, expenses on time, job security , Overall company is good

Dislikes

Promotion & salary upgradation is not happening as per industries standards. Mid management level person is doing politics even in boss also playing with his colleagues..

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I appreciated Lupin for its strong brand presence, especially in the CNS segment, which enriched my expertise with key molecules. The 9-year journey offered growth from Medical Representative to Area Business Manager, enhancing leadership skills. I valued the productive work culture, supportive team, and strong professional relationships built over time.

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...Lupin, I valued the experience and growth, but there were areas for improvement. The compensation did not align with the industry standard for my role, and the consistent target pressure in recent years was challenging. Additionally, I felt there could be more opportunities for career advancement.

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It's Brand Superlative Legacy Product range

Dislikes

...height 2.Oiling for the bosses & even their family members ego satisfaction 3.No transparency during salary hike, promotion 4.Internal politics, making the colleagues frustrated by insulting. 5.Micromanaging at its height 6.Wrong people at HO, no idea at all about the market. Just worried about KRA. 7.Tactically forcing to work on holidays. 8. Apply techniques to prevent taking leave 5 days or a week vacation. 9. Full of devil's advocate

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- Structured processes for everything from onboarding to reporting issues with payroll. finance, technical support, issues etc. -

Dislikes

...iple Women employees part of your team, you can tell your Promotion Good-bye. 5. Variable Pay for last 5yrs has been paid less than 5% (single digits) on avg. even though variable pay component is 20% or more of the total CTC for most employees (across SAP practice)