Management Trainee Salary in Vadodara

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

Company management is good! An ISO certified company and provides salary mostly on time!

Dislikes

Some TL are too good while some TL are the worst! Total idiot types of TL are also there, depends upon your luck to whom you would be assigned to!

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

The people here are good and helpful in nature. Ethically strong Company. Work flexibility is there plus the Company provides good opportunities and responsibilities with trust to even freshers and junior employees.

Dislikes

...sn't do market correction unless and until you decide to leave the Organisation. Whereas Company is okay to pay higher salary for external hires. Appraisal and Promotion is below market average.

Likes

...rs, and now it's a good experience. The financial benefits here are outstanding. I appreciate the annual pay raises, lucrative bonuses, and incentives. These perks along with work anniversary bounties make NAV a rewarding place to work.You can expect a supportive environment here

Dislikes

The extended working hours during Jan to April can be exhausting and take a toll on work-life balance