Management Trainee Salary in Erode

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

Likes

... pressure as an MT. Curated MT program. Brand value in market. Free meals in HO. Reimbursement rates & timely salary/reimbursement disbursement. Company culture. Saturday offs. (Not sure for others)

Dislikes

Less salary for MBA grads. Little slow process, kind of red tapism but that's changing. More field job & high travel,but they reimburse for that, so that depends.

Likes

Work culture and Environment

Dislikes

No market revision on salary for existing employees. Most the employees are moving out half heartedly only because of salary concerns. Access can gain more loyal and stabilized employees if a market revision on salary was provided. This can be done atleast for the employees who work for more than 5+ years.

Likes

Safety Prospectus, Organisation is very strict standards. Rest Culture of RIL is also good but not excellent. Punctuation of Staffs, Buses, Company Vehicle is very perfect.

Dislikes

Deduction of CTC under Salary is very High, Such as Medical Premium, PF Amount (Twice Side from Our CTC STR), diffrent types of Volunteers Taxs etc. Further Initial Guest House, is not standard. For Employees Township benefits of Reliance Industries is fully paused for SOLAR POWER PROJECT and O&M DEPARTMENTS.

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