Value Banker Salary in Kolkata

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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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Growth prospective, I am working in ICICI BANK as Sales officer from the last one year. It's great experience to be in sales. I have learn so mamy things from my BM. She's very supportive. With my hard work I am now shifting to operations with support of my RH and BM.

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Performance linked pay is not there. Perks & Incentives should be there to motivate and retain especially sales Team. Otherwise they'll move to other organisation which are providing incentive. Ultimately everybody is working for their personal growth, Money. And there should not be any difference between Inbound and outbound Teams. Operations team thinks that they are superior to Sales officers. They can order sales team to do whatever they want. It's been two months as My BM is on maternity leave. Now DBM is taking care of the branch. I am very much disappointed of the behaviour of my DBM towards me.

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

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CTC Complexities Internal department change is not easy

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A great place for growth, but work -life balance can be a challenge. ICICI Bank provides excellent learning opportunities for career growth, especially for those starting out in banking and finance. structured training programs and a focus on skill development.

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Slow growth, work environment, infrastructure, job roles, salary compensation.