L&T Finance "Career Growth" Reviews

Likes

Salary is only good thing here

Dislikes

Everything else from culture ,career growth and all are big No for anyone who tries join only for comp

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Likes

Compensation only

Dislikes

In this review, I will be highlighting several areas of concern regarding L&T Finance, including work-life balance, work pressure, planning inefficiencies, management shortcomings, and questionable HR practices. While the company offers attractive compensation, it comes at the cost of a poor employee experience and limited flexibilit y. Work-Life Balance and Work Pressure: One of the significant drawbacks of working at L&T Finance is the lack of a healthy work-life balance. Employees often find themselves overwhelmed with excessive work pressure, leading to high stress levels and burnout. The management's insistence on meeting unrealistic targets and deadlines adds to the burden and negatively impacts employee well-being. Inefficient Planning and Management: L&T Finance seems to lack proper planning and coordination at various levels. The management, comfortably situated in air-conditioned offices, often imposes unrealistic demands on the zonal teams. Zonal Heads, instead of focusing on strategic matters, are forced into micro-monitoring activities, neglecting their core responsibilities. This lack of effective planning trickles down to other departments, leading to confusion and inefficiency. HR as a Business Puppet: It is disappointing to note that the HR department at L&T Finance appears to function as a mere puppet of the business. This raises concerns about the department's ability to prioritize employee welfare and act as an advocate for their concerns. The Zonal Head of HR, who should ideally bridge the gap between employees and management, seems more inclined towards speaking the language of business rather than addressing employee grievances. Lack of Department Heads and Zonal Level Work: An alarming issue within L&T Finance department heads have no heads and their corresponding expertise. This absence creates a void in decision-making processes and undermines the efficiency of individual departments. Additionally, the lack of significant responsibilities at the zonal level raises questions about the company's organizational structure and its ability to effectively manage operations. Worst Travel Allowance Policy: L&T Finance's travel allowance policy is widely regarded as one of the worst aspects of working for the company. The insistence on physical branch visits, which may have made sense in the past, seems outdated in today's digital era. With various electronic modes of communication available, it is hard to justify the need for extensive travel, which often disrupts work-life balance and increases expenses. Compensation vs. Employee Treatment: While L&T Finance may offer competitive compensation packages, it comes at a cost. Employees often feel treated as mere instruments of the organization, where their well-being takes a back seat. The company's heavy reliance on compensation as a means of retaining employees diminishes the overall job satisfaction and loyalty of its workforce. Mandatory Notice Period: One final concern to highlight is the mandatory 90-day notice period for employees who wish to leave the company. This policy restricts an individual's professional freedom and forces them to stay even if they are dissatisfied with their job or the company<mark style="background-color: #fff5e4;">. Such a practice undermines employee morale and hampers career progression opportunities</mark>. Conclusion: While L&T Finance may offer attractive compensation, it fails to provide a conducive work environment that promotes work-life balance, efficient management practices, and employee well-being. The organization's shortcomings in planning, management, and HR practices, coupled with the burdensome travel policy and inflexible notice period, make it an undesirable workplace for many. Prospective employees should carefully consider these factors before joining L&T Finance....Read More

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within Country.

Likes

This company all working online no pepar working very good Growth all employees

Dislikes

Timing issues and morning 6:30 AM Issue all employees problem feace winters season

Likes

Salary Appraisal

Dislikes

1. 13-14 hours of working 2.In the name of we care you will get three day leave where two Sunday before 12 is compulsary. 3.No work life ballance 4.Career path is not clear after BM level

Work Details

Work timings: Strict Timings

Likes

Good growth in terms of Salary. Lots of learning opportunities.

Dislikes

Work Life Balance.

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Job security

Dislikes

Internal job promotions opportunities are less. Poor salary increament. Policy and process rigid and old

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Likes

A good developing Company in Finance sector with a strong vision. One Can consider one of the best company to work with . Long time career growth is what I am looking for . And i saw that with right talent, knowledge and the thirst of learning more there are many opportunities within the company ....Read More

Dislikes

Not much .

Likes

Workplace is good

Dislikes

No growth, no appreciation. HR is treated as lowest category

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This is a desk job.

Likes

Ample opportunities for growth. Good appraisals. Inhouse talent being promoted for higher roles rather than hiring from outside.

Dislikes

No work life balance. Expected to work on weekends and even if you are on leave.

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

Good company for career growth and opportunities.

Dislikes

Timings are not much flexible.

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Good work life balance

Dislikes

Lack of growth opportunities

Work Details

Work days: Monday to Friday (Strict Timings)