L&T Finance HR Manager Reviews

Likes

Salary part is good

Dislikes

I would like to provide an honest and critical review of my experience at L&T Finance, shedding light on certain aspects that I believe warrant attention and improvement. Work-Life Balance: Regrettably, the work-life balance at L&T Finance appears to be skewed. The expectation for Business HRs to handle the workload equivalent to six individuals is a significant concern. The current situation leaves little room for personal well-being and, consequently, impacts overall job satisfaction. Management's Response to Resignations: While the management expresses curiosity about the reasons behind resignations, there seems to be a lack of meaningful action taken to address these concerns. A more proactive approach to retaining talent is crucial, and a deeper analysis of the underlying issues leading to resignations is warranted. Employee Treatment and Expectations: The apparent perception of employees as mere machines, tasked with working tirelessly to meet business objectives, raises questions about the organization's commitment to the well-being of its workforce. It is imperative to foster an environment that values employees as individuals and acknowledges their need for a healthy work-life balance. Learning Opportunities and Professional Development: The dearth of spare time for personal development is a noteworthy concern. A workplace that fosters continuous learning and growth is essential for employee satisfaction and retention. Adequate time for employees to invest in self-improvement should be a priority. Task Assignment and Manning Efforts: The ad-hoc assignment of tasks without considering the time and manpower required is a hindrance to efficient workflow. A more strategic approach to task delegation, considering realistic timelines and resource requirements, would contribute to a more sustainable and productive work environment. Performance Improvement Plans (PIPs): The frequency of Performance Improvement Plans (PIPs), even for high-achieving employees, raises questions about the fairness and effectiveness of the performance management system. A thorough review of the PIP process is essential to ensure that it aligns with employee development goals and organizational objectives. In conclusion, my intent is to highlight areas that, from my perspective, require attention and improvement at L&T Finance. I believe that an open and honest dialogue about these concerns is essential for the betterment of our work environment. I trust that this feedback will be received constructively, fostering a culture of continuous improvement within the organization....Read More

Work Details

Work days: Monday to Friday (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Company is agressive in terms of business and in terms of salary and benefits , it offers best in Industry.

Dislikes

Need to work on Work life balance .

Likes

Learning and Development

Dislikes

Nothing work life balance

Likes

Good perks in terms of salary

Dislikes

No work-life balance

Work Details

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

Working culture is too good. Here is professional culture.

Dislikes

Noting dislike , Everything is good in L&T..

Likes

Good

Dislikes

Off roll employees not promoting but other company off roll employees higher on roll.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

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 flexibility. 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. Such a practice undermines employee morale and hampers career progression opportunities. 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

Great workplace to bost your career and secure job for performers

Dislikes

Infrastructure need to be updated

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This job involves Travel Within Country.

Likes

Internal Promotions, Attractive Incentive, Management Thinking About Ground Level Employee

Dislikes

Timming Start Early Morning & End Late Night

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Likes

Internal stakeholders so don't have to work nights if you prioritise your health.

Dislikes

My two-year tenure in the analytics team was a truly enriching experience. The idyllic location of Kalina, accessible by a variety of transportation options, was particularly inspiring. The insightful guidance of the non-technical OLs, renowned for their deep technical expertise and unwavering dedication to their craft, was invaluable. The team leads, known for their discerning eye for talent and unwavering commitment to meritocracy, provided exceptional leadership. The constant understaffing and overwork for FML 2 below staff created a truly motivating environment. The generous performance bonuses and fair PIP processes were the icing on the cake. While I'm confident that the management's visionary approach will revolutionize the team within the next 30 years, I, unfortunately, had to move on to pursue greener pastures...Read More

Work Details

Work policy: 4 days work from office

Work days: Monday to Friday (Strict Timings)

Likes

Salary credit on time in any condition

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Work Details

Work timings: Strict Timings

Likes

Nothing to like

Dislikes

They are all cute throat , inconsistent and dishonest. Talk something else and do something else. All they do is run in circles and pretend that they are doing something but in the end they all know that they are doing nothing and taking salary for pretense.

Likes

As per Larson n tourbo name you will feel proud and feel proud to say anyone that working in ltfs.

Dislikes

Seniors are cruel and no work culture here, no family life, everything spoiled, seniors are like they are from some other planets, in entire industry have not seen such un human seniors, I don't know how they survive with there own family. We are in 5g world n in ltfs seniors are mentally challenged.

Work Details

Work policy: Work from anywhere like bus stop, train , chai tapri.

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

Likes

Job security very good incentive good

Dislikes

Salary not satisfied and yearly bonus employees not credited and iam in 3years working Land t finance two wheeler but ani bonus and any salary not increased Not satisfied in Land t finance company

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This is a desk job.

Likes

The word that defines L&T finance culture I.e. Assurance and the company does ensure all its stakeholders' aspirations will be taken care including it's employees. If we as an employees give our best company will take care of us in fulfilling our aspirations and desire to grow.

Dislikes

No comments as there is always scope for further improvements.

Work Details

Work policy: As per requirement

Work days: Alternate Saturday off (Strict Timings)

Work related travel: This job involves Travel Within Country.

Likes

I am working in L&T last 4.6 years and I hope in good salary and appraisal time to time and future growth seen High.

Dislikes

I am facing issue about life balance. Not spend time with family and more concerned about job timing. Job timing and Saturday, Sunday working are very concerned area.

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.