Federal Bank "Hr Policies" Reviews

Likes

Excellent salary Package, with allowances, ex-gratia, additional interest on fds, rds, low rate of emis on staff loans, cheap loans, salary according to bipartite settlement, adequate number of leaves.

Dislikes

3rd party insurance selling, lesser number of staff at branch level, hr policies not transparent, frequent transfers from officer level, working environment is not according to new gen, work-life balance is not there, can get posted to remotest of areas.

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

1. Job security is high. 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Likes

We are following the IBA structure and policies and that makes us somewhat like PSU banks.

Dislikes

Increasing third party product pressure and the bias promotion and transfer system.

Work Details

10 am to 6 pm is normal which is not normal.

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Package union protection security allowance

Dislikes

Cross sell HR POLICY TRANSFER s

Work Details

Work days: Monday to Saturday (Strict Timings)

Likes

Job security - Like a Government Bank Work Culture - Better than any bank out there Best Employee Friendly bank with best in industry compensation and policies.

Dislikes

Increasing pressure of cross-selling and culture of log-in days

Work Details

Great

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Likes

Job security

Dislikes

Not much skill development and HR policies are not upto the mark

Work Details

Work timings: Flexible Timings

Likes

Good work environment, teammates are supportive, management is transparent, policies are good, good salary.

Dislikes

Lot of politics, career growth is slow

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

+ Salary is higher than the competitors. + Job Security.

Dislikes

+ Company culture is not progressive. + HR policies are not complied with at the branch level. + Job description doesn't match with the responsibilities in reality. + Reporting managers verbally abuses if assigned daily targets aren't met. + Should sell Ageas Federal insurance policies monthly. + Inefficient Sales funnel & poorly equipped functional strategy....Read More

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

No positives

Dislikes

Worst place ever to start career with. Female exploitation by other female senior aunties staff. Stupid but poisonous politics. Worst HR. Worst transfer policy. Sales pressure. I cried every day and they laughed. Even after working very hard it got me nothing but taunts. My best decision was to leave the bank. Bhopal branch is full of janani aunties. Worst customers, their nonsensical remarks and behaviour are forced to be tolerated for sales. Even exploitation by male customers. Aunty staff flirts with customers for sales and force new staff to do the same. Buddhe uncle staff are lazy nobody to monitor them. All load for youngsters that turns them into dumb and demotivated....Read More

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country, Travel Within City.

Likes

According to me career growth and recognition arethe best things in Federal bank.We dont need any God father to showcase our achievements or to get a promotion or a posting.If we are deserving n performing well ,we will be noticed by the higher ups.Fair appraisals and good compensation n allowances also.

Dislikes

Top management decisions and policies are not conveyed to field level employees n we feel aliens at times.There should be a platform where one can raise a concern directly to a top leader.

Work Details

Handling the same profile as Branch head for 8 years and want to get exposure to other areas too.Past years were good and had an enriching experience.Journey had ups n downs but ultimately its a winning journey.

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.

Employee Benefits

Travel allowance,leased accomodation,performance linked incentive

Likes

Definitely not a great place to work. They credit the salary on time and provide lower interest staff loans.

Dislikes

HR policies are worst, They don't understand the situation of employees. Top management favours only women employee,when it comes to transfer situation. Bank pressurise their employees to sell third party products. Employee have become insurance agent instead of wise banker.

Work Details

Only customer oriented bank . Work life is satisfactory.

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

CTC and other monetary benefits

Dislikes

Worst HR policy. HR team is having very inhuman behaviour. They treat there employees like slave.

Work Details

They is no life if you are not from Kerala. Top level management have more tha 90% personnel from Kerala, so they take every decision for there Kerala employees only either its promotion or transfer

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.