L&T Buildings & Factories "Salary" Reviews

Likes

To much things learned in l&t

Dislikes

Late hrs working in low salary

Likes

a. Good resume weightage that I am associated with such a big brand.

Dislikes

1. Salary rise YOY are not competitive as per market. In 2006, I was in Godrej and Boyce, I use to get minimum 10K as monthly salary increase in my appriaisal...In L&T, since i joined in 2018 - till date every year my increase is around 3K per month... 2. I am not getting what was promi sed as my CTC. End of the year when i check my actual received amount, I find I have received way less than my promised CTC. a. Incentives are drastically reduced to 50%. b. Mobile bills we get on actuals and not what is promised in CTC and that too subscription charges etc are deducted... c. Transportation charges to site are deducted per month. 3. System of Weekly off is not flexible. Any weekly off if we work then lot of justification is required for getting Comp off. I had to approach HR head - HQ for getting my teams approval for flexible week off as per the site requirement. 4. A retention amount is deducted from the CTC per month basis ( around 38K for me) and accrued till year end which shall be withheld if u resign and otherwise paid during the work anniversary month. Thats my CTC component, how they can withheld?. Unfortunately, thats a clause in joining agreement and I had to sign as I needed this brand mileage. 5. Working style in L&T - B&F is like working with old Govt institutions. Lot of time spent for any formal approval, reminder and multiple reminders - still work approval at stake. High revenue sites get high priority and low revenue sites like ours now are just on mercy sake....Read More

Work Details

Handling Visitors, tracking O&M Bill claims from Clients, MIS preparation, Maintenance of the facility etc.

Work timings: Flexible Timings

Work related travel: This is a desk job.

Employee Benefits

Vehicle pick up and drop - But on chargeable basis. Home food facility - But on chargeable basis. Training are imparted - But all Online. Health insurance - But on additional charges from pocket.

Likes

L&T has a great brand value which give a lots of respect from various stake holders when we go out for meetings with Clients/Consultants etc. Also there is a lot of freedom given to the resource for experimenting and learning both while being on job. The Senior Management is easily approachable and they provide excellent guidance wh ich helps the employees to excel in their careers....Read More

Dislikes

The salary structure in L&T Buildings & Factories needs a serious brainstorming as there are other organisations which are offering nearly double the compensation outside. Also, we a company need to get rid of the Bell Curve rating system, which unnecessarily sacrifices the ratings of f ew innocent employees just to keep a handful of favourites (Employees) in good ratings as they should get offended, as if only they are running the company and the rest are merely giving their physical presence. Also, work life balance is a serious issue with people who are working on Project sites with extensive working hours, sometimes even more that 14 hours a day....Read More

Work Details

I look after Business Development and generating leads for Large scale projects for Western Regions for HRC as well as PAF.

Work days: Monday to Saturday (Strict Timings)

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

Likes

The work culture is excellent. Best place for learning & self development. Lot of exposure to various aspects of Accounts & Admin functions. Work environment is good with excellent teamwork among the staff members.

Dislikes

Long stretched working hours, especially at project sites. Salary & compensation not in line with the the Market.

Work Details

Finance & Admin in-charge of the Project site. Maintaining all required statutory records & complying. Giving functional support to the project team in reaching the set goals. Constant interaction with the team members & reinforcing the cultur

Work days: Monday to Saturday (Strict Timings)

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

Likes

work culture is such that it gives you an opportunity and freedom to grow and learn at the same time.

Dislikes

I believe the salary part needs to be restructured and aligned to the current market profile. Yearly payments like retention pay should be compensated monthly. this will give a right motivation to us employees and surely will give an edge over other opportunities available in the market ....Read More

Work Details

Work days: Monday to Saturday (Strict Timings)

Likes

Company will not terminate you immediately and company salary is on time.

Dislikes

Work Life Balance is Minimum. One needs to move a lot in various locations and there is no stability on that front. Punch in time is very strict and not feasible for Mumbai city. Appraisal system is not fair.

Work Details

Coordination with Site and External Consultants.

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This is a desk job.

Likes

The work culture is good and there is job security. There is freedom in work, the management is flexible.

Dislikes

Salary is not upto Industry standards. Work life balance sometimes is extensive. More skill training can be incorporated

Work Details

Taking care of finance and accounts at factory. Looking after daily invoicing and monthly Management reporting. Handling cost audit, tax audit, Statutory audit, Internal audit, GST Audit

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Employee Benefits

Concessional food , Concessional Transport , Group life insurance

Likes

The company provides better compensation compared to its competitors in this sector. Another plus point is the job security.

Dislikes

The work pressure is very high. The low work life balance adds further to the mental stress.

Work Details

I'm taking after the costing, budgeting and supply chain management. The role involves preparation of actual estimate for the project and regular updating/ tracking the project cost and margin in line with the original estimate.

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Likes

Everything! My first ever job and still going on happily as it gives a wide range of platform to enrich the learning experience and encourages new innovative idea to implement at work.

Dislikes

Salary hike has to be more often and with bigger %

Work Details

I have had a privilege to work with best teams ive known. Im assisting cluster project manager and taking care of cluster operations more inclined towards workmen management.

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within City.

Likes

Job security is there. Caring work culture. People oriented policy.

Dislikes

Salary structure to be rationalized . Bonus/ PLR to increase. Longer working hours need to rationalise.

Work Details

I work in Procurement, which needs to deal people & getting job done. Arranging resources in pandemic & post pandemic is really challenging.

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Likes

Company polices on how to rate employees and increase salary based on performance shall change .

Dislikes

People who are staying long-term are protecting them self and making company less efficient. Not having right people to do right job.

Work Details

Good, but no belonging Ness.

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country.

Employee Benefits

Not applicable as I am on contract.

Likes

Job Security, Leadership and work culture

Dislikes

Low Salary, career growth

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within City.