CAMS Apprenticeship Trainee salaries in India

Likes

You stay longer, you become stronger is applicable everywhere but not in CAMS. The longer you are associated you're considered to be an useless person

Dislikes

Work life balance is good, but compensation has not grown for 15 years in keeping with inflation

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Timing

Dislikes

They can easy hire you Very lowest salary in the industry, there is no growth, appraisal you can expect 500 rupees per annum, there is nothing to learn, once you releived from CAMS no one is going to hire you because that experience is completely waste.

Likes

Zero stress it also depends upon the process you are put into. But in maximum process the work is stress free. You will enjoy good work life balance, work culture is also good. They celebrate each and every festival whole heartedly its a good company for freshers

Dislikes

Salary growth is slow

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Salary and job security

Dislikes

1. 11 Management trainees of my batch suffered and all 11 of us faced set back in our career since we had to make domain change - first of all MF Ops is an unwanted profile in job market with CAMS being a de-facto monopoly and we will have to switch to other domains or banking/bfsi operations. 9 out of 11 management trainees exited within 1.5 years. 1 worked for 2 years and another 2.5 years 2. Management trainee model was a flop at that time with poorly designed(not sure if they learnt a lesson after so much attrition) - we were told that we will be trained cross functionally across purchase, brokerage, lien, SIP , CS etc. But once I was deputed to my function after 10 days of induction, HR didnt look back on us and my incompetent manager mistreated me like anything, started yelling at me right from the beginning and ensured that I hated the job 3. Lot of politics with poorly paid APOs, POs, and SPOs had their own vengeance against me 4. Work life balance was terrible - I came to office at 9 AM and left at 10 PM apart from my 1.5 hrs commute . If I come at 9:30, my SIP manager in ICICI unit would yell at me. 5. I reported all my problems to HR, no action was taken. HRBP has never visited the floor.

Likes

..., cams is ready to give more package beyond your expectation. But but but.... As per company policy, they will deduct 15 / 30 days salary be ready. As per company policy, the gain will not be shared to the employee & loss will be charged to the employee. Management statement is " we are not running any trust ". Top management is forget if any mistakes are responsible to all cxos. No deduction that level. How employee will manage without 15days salary. This is reason more attrition in CAMS . New CXOs are joining in CAMS & overtime convenance is stopped in low level. No job security, anytime the company will sack in any position. We are ready to stand in middle of the road with our family. No work life balance. Don't take from company laptop otherwise you will stand in laptop only . 36 days leave will provide & 24 days WFH. No benefit simply waste. HR will not see all these, how the water bottle shapes are changing at the time of management changing. HR application only changing new management & no employee benefit. HR will gets good appraisal based on new application with high cost.

Dislikes

Refer above comments, decision yours