Finance Manager Salary in Kolhapur (Updated 2025)

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

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

Dislikes

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.

Likes

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..

Likes

Salary on time, Hybrid working pattern in my department.

Dislikes

I had been promoted internally from officer grade to Assistant manager grade. There are not much difference in salary of an Assistant manager & officer grade. So, you starting your promoted career on a demotivated note.

Likes

There is work life balance

Dislikes

Cost cutting is more which in turn will be difficult when we take decisions at the time of doing events or installing things. Old government style of working, no tools provided