Management Trainee Salary in Financial Services in India

Likes

Work-life balance. No stressful environment.

Dislikes

...en the managers. There is less professionalism. No cafeteria. No cab facilities. Less salary hikes. Less medical insurance as compared to other companies. No office parties.

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

The culture is ok(better than most of the corporates). Learning opportunities depends on your manager.

Dislikes

Pay and salary hikes not what I expected. Pace is very slow. Too many bottlenecks which slows down projects. Not using modern technologies.

Likes

...unities for deserving employees Freedom to work independently Straightforward seniors Opportunities to learn new skills Annual pay raise Attractive bonuses & incentives for deserving Work anniversary rewards Car lease policy

Likes

Dynamic work environment Opportunities for growth and development Comprehensive training programs Competitive salary and benefits Diverse and inclusive workplace culture .Innovative products and services Strong brand reputation and stability Employee engagement initiatives Collaborative team environment Opportunities for community involvement and CSR activities

Dislikes

High performance expectations Long working hours Intense competition in the banking sector Regulatory compliance requirements Continuous learning and upskilling needs