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Visista Insurance Broking Services

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3.9

based on 16 Reviews

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Visista Insurance Broking Services "Salary" Reviews

Updated 20 Sep, 2024

Overall Rating

3.9/5

based on 2 reviews

On-Par with industry's average

know more

Rating distribution

9 (56.3%)

1 (6.3%)

2 (12.5%)

1 (6.3%)

3 (18.8%)

Category Ratings

4.1

Work-life balance

4.0

Job security

4.0

Work satisfaction

3.9

Company culture

3.9

Salary

3.9

Skill development

3.9

Promotions

Visista Insurance Broking Services is rated 3.9 out of 5 stars on AmbitionBox, based on 2 company reviews.This rating reflects an average employee experience, indicating modera ... Read more

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2 reviews found

Sort by: Popular

Senior Manager in Bangalore / Bengaluru

Full Time

Business Development Department

1.0

Overall Rating

1.0

Category Ratings

1.0

Salary

1.0

Skill development

1.0

Job security

1.0

Promotions

1.0

Work satisfaction

1.0

Company culture

1.0

Work-life balance

posted on 20 Sep 2024

Likes

Nothing

Dislikes

Dear All, I am writing to formally raise a complaint against Visista Insurance Broking Services Pvt Ltd regarding several issues that I have experienced during my employment with the company. I am deeply concerned by the unprofessional, unethical, and unlawful practices that I have encountered, which have severely affected me both pr ofessionally and personally. 1. Lack of Essential Business Data: Despite the company being in existence for over 20 years, there is no maintained database for lost or won accounts, which is crucial for new joiners to re-approach potential business opportunities. Given our lack of branding and marketing presence in Bangalore, the absence of such critical information significantly hampers our ability to approach clients who were previously contacted but not converted. It is perplexing that, after so many years, such data is not maintained. Instead, new joiners are expected to share their own years of data and effort to build their base portfolio from scratch. 2. Misleading Statements About Compensation: The recurring statement that employees are paid high salaries is not a justifiable response to our concerns. Employees earn their compensation through their life struggles, skills, and experience<mark style="background-color: #fff5e4;">. The extensive travel required to secure new clients often consumes 30-40% of our salary, which diminishes the impact of any salary hike</mark>. We are not compensated for travel expenses, which is an additional burden on us, and it cannot always be justified by a so-called "high salary." 3. Unlawful Threats of Termination and Non-Payment: According to labour laws, no employee should be forced to leave the organization or be threatened with non-payment. Unfortunately, I have experienced such treatment, and it is disheartening to see HR condoning this behaviour despite being aware of the legal protections for employees. 4. Lack of Transparent Policies on Performance Management: If Visista has a policy of terminating employment or withholding pay after three months of non-performance, it should be clearly communicated before joining. If an employee is not performing, they should be placed on a Performance Improvement Plan (PIP) and allowed to exit the organisation as per the appointment letter, rather than being forced out or denied salary. 5. Inconsistent Treatment of Employees: There are individuals within the organisation who have been there for six months or more without significant performance, yet they remain, suggesting a lack of consistency and transparency in policies. My commitment is towards genuine performance, and I do not believe in "show-off business" to merely impress managers. 6. Unethical Conduct During Resignation Process: I had a discussion with my manager on 17th July 2024, and on 19th July 2024, he clearly stated that he could not give me more time. However, he had agreed to give me 3 more months on 1st July 2024 for July, August, and September. I then decided to resign and applied on the system on 21st July 2024 with a notice period of 90 days, requesting time till 31st August 2024. However, my manager and HR manipulated the situation and recorded my termination date as 19th August 2024. 7. Unlawful Removal of Access and Deletion of Records: On 24th July 2024, without any intimation, my access to the system was removed, and all communications between me, HR, and my manager were deleted. I received a relieving letter on 21st August 2024 stating everything was settled, which is false. If I was terminated, why was a relieving letter issued? This raises serious concerns about the integrity of the management. 8. Disregard for Employee Well-Being and Legal Requirements: This organisation is notorious for hiring people and then dismissing them whenever it suits them. They provide work-from-home options to administrative staff, but sales personnel are denied even the basic right to take leave for health recovery. There is no proper training, knowledge sharing, or standard operating procedures to ensure the well-being of employees. 9. My Demands: I worked until 24th July 2024, as recorded in Keka (unless they have deleted the data). I handed over all the assets on 29th July 2024. I have proof of all conversations. I demand my settlement amount up to 21st July 2024, and since I resigned, I also require my full and final settlement for the 90-day notice period, along with any unused leaves and food coupons for 90 days in the Zaggle Card. This experience has impacted me financially, emotionally, mentally, physically, and psychologically. I never expected such treatment from a company with over 20 years of history. I strongly raise this complaint against the MD/CEO, Vamshi Raju; Associate Director, Padmarao; and Head HR, Swathi Jain for their unprofessional and unethical conduct. I request strong action against these individuals and the organisation. Thank you for your attention to this matter. Yours sincerely, Ex-employee:- VIS386...Read More

Salary - Bad
Skill development - Bad
Job security - Bad
Promotions - Bad
Work satisfaction - Bad
Company culture - Bad
Work-life balance - Bad

Work Details

Work days: Monday to Saturday (Strict Timings)

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

Senior Executive Client Care in Bhubaneswar

General Insurance Department

5.0

Overall Rating

5.0

Category Ratings

3.0

Salary

5.0

Skill development

5.0

Job security

5.0

Promotions

5.0

Work satisfaction

5.0

Company culture

5.0

Work-life balance

posted on 10 May 2018

Likes

Very professional and systematic. Organization .

Skill development - Excellent
Job security - Excellent
Promotions - Excellent
Work satisfaction - Excellent
Company culture - Excellent
Work-life balance - Excellent

Dislikes

My salary structure is low.

Work Details

Work timings: Strict Timings

Work related travel: This is a desk job.

Top trending discussions

View All

I have below 2 offers. which one to join. Need some guidance. 1. Luxoft - 32 fixed lpa. WFH. 1 lac joining bonus. 2. TCS - 31 fixed . over all ctc - 36. no WFH. 2 lac joining bonus (temporarily hybrid 3 days in client location which is near to my place till the time assigned to same project)

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Visista Insurance Broking Services Reviews by Locations

Visista Insurance Broking Services Hyderabad / Secunderabad Reviews

By reading the reviews on this page, you agree that they are (often anonymous) personal opinions and views of reviewers/users of AmbitionBox, which may be biased, and for this, AmbitionBox has no liability. If you believe that a review is inappropriate, please click on "Report" (shown as a flag) present below each review and our moderation team will look into it as soon as possible.

AmbitionBox has 2 Visista Insurance Broking Services reviews submitted by Visista Insurance Broking Services employees. Read reviews on salaries, working hours, work culture, office environment, and more to know if Visista Insurance Broking Serv...Read more

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