Alliance Insurance Brokers Business Analyst and Project Coordinator salaries in Mumbai
Annual salary range
4 - 5 years exp.
₹4.5
Lakhs - ₹5.8
Lakhs
LowConfidence
Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated:
13 Sep 2024
Business Analyst and Project Coordinator salary at Alliance Insurance Brokers ranges between ₹4.5
Lakhs
to ₹5.8
Lakhs
per year for employees with experience between 4 years to 5 years. Salary
estimates are based on
2 latest salaries received
from various employees of Alliance Insurance Brokers.
Salary related reviews for Alliance Insurance Brokers
Here are some things people may dislike in general:
Job insecurity
Burnout
Poor work environment
Management
Lack of communication;
But these are certainly not applicable to working at Alliance Insurance Brokers...
Nothing to mention. Read full review, below in dislikes section.
Dislikes
...ining this company unless there are no other job options available for survival. It might be better to stay at home or consider freelancing or working for a company that offers a lower salary than Alliance, but without the unfavorable work conditions found here.
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Salary / appraisals:
When requesting a salary correction, a mandatory 2-3 year bond is enforced. However, this is not the only concern, as being ineligible for the next year's appraisal post-correction is also a stringent condition. Furthermore, a 3-month locking period is imposed after receiving an appraisal.
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There is a minimum 3-month delay in appraisals, intentionally implemented regardless of the reasons presented. The purpose behind this delay is clear – to hinder the possibility of an employee switching companies and becoming eligible for the new company's appraisal cycle. Typically, if one receives an appraisal in April/May and switches after 3 months, they would be eligible for the new company's appraisal cycle. In contrast, within this system, receiving an appraisal as early as August and switching after 3 months, along with a 3-month notice period, results in ineligibility for the new company's appraisal cycle.
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Most Important:
The workplace may not always be safe for women, particularly if a woman is perceived as attractive. Some men may exhibit inappropriate behavior, with a significant number of them engaging in unwanted attention. It is important to note that not all men fall into this category, but a concerning proportion, around 3 to 4 out of 5, seem to act as certified international stalk*rs.
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Compounding the issue, HR departments often appear indifferent to these concerns. Despite their role in ostensibly caring for employees, they seem to function more as company pupp*ts, neglecting to address or rectify such unsettling situations.
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Conclusion:
This review provides a sincere, day-by-day assessment without resorting to anger bias. Unfortunately, there appears to be limited room for progress, learning, or development within the company. The management's approach of terminating departments abruptly if they do not meet unrealistic expectations and transferring employees elsewhere does not contribute to genuine development or progress. Consequently, some employees have been working for over a decade without evident evolution.
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It seems that the company is in a perpetual survival mode, and the top-level management lacks the expertise required for their assigned roles, resorting to trial and error methods. Expectations for employees go beyond performing their designated tasks; they are also expected to go above and beyond. However, the management does not seem receptive to employee suggestions, prioritizing their preferences over progress. Ego appears to take precedence, contributing to a discriminatory application of rules.
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Working in such an environment can negatively impact productivity and creativity, as employees may adopt the unprofessional and politically charged behavior prevalent in the company. This culture, marked by a lack of professionalism and involvement in office politics, has the potential to impede personal and professional growth.
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The finance team is highlighted as being ineffective, with some members displaying disrespect when addressing concerns or questions. Additionally, the unexpected deduction of TDS from salaries is noted as a significant issue.
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The physical office environment is criticized for being unhygienic, with the presence of bugs, rats, and cockroaches throughout the premises. This further adds to the unfavorable working conditions that employees have to contend with.
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Advice to management:
Be real, genuine, and reasonable. Your incompet*nce is affecting employees who are genuine and working hard. Neither you, your company, nor its employees will grow if this continues.
Bias management, no opportunity to grow. Few top leaders are getting growth in terms of package, promotions and company facilities. Most People's left organisation in very short tenure (2-3 yrs)due to bad management behaviour. They are hiring only restricted to specific job, after accomplished they started harass the employees in order to put paper or resign. While they are hiring the scholar under the job title 'permanent'. Lot of politics if you have skill to play politics then you can service in the system otherwise they will ruined your carrier from every aspect.
Company is having good presence in Event, sports Insurance. Company is market leader in this segment.
Dislikes
On Marketing front end number of people are available however in case of service issues key account manager is responsible for everything. Same treatment is given to all people be it hard-worker or slow or no worker.
Culture where pathetic... I have resigned in 2 minths. There were not relieving me. Even today I have to follow up for my full and final setylement. Even HR team will not respond to u once ur resigned
Alliance Insurance Brokers Business Analyst and Project Coordinator Salary FAQs
What is the notice period for Business Analyst and Project Coordinator at Alliance Insurance Brokers in Mumbai?
According to AmbitionBox, 50% of the Alliance Insurance Brokers Business Analyst and Project Coordinators in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.
Alliance Insurance Brokers Business Analyst and Project Coordinator Salaries in Mumbai
Alliance Insurance Brokers Business Analyst and Project Coordinator salary in
Mumbai
ranges between ₹4.5
Lakhs to ₹5.8
Lakhs. This is an estimate based on
latest salaries received from employees of Alliance Insurance Brokers.