Citicorp Salaries in Chennai

Likes

Compensation is much better than the market standard Prior to reorganization(mid-2024), the work environment was fine, offering good work-life balance Employees were treated accordingly to their roles and experience

Dislikes

After reorganization, only onsite position/team members are considered for lead, manager, principal engineer, with onsite role preserved due to senior management being based there most of the work is done by offshore, but it is projected only onsite employees contributed because to safeguard their role and senior management wants to be in saved position Offshore employees are treated like subordinates to onsite employees, even at the VP level Employees with 18+ years exp are treated and compared with juniors who is having less than 4 years exp Employees are under immense pressure, indirectly being forced to resign Suggestion to Management conduct a voting/poll among existing employees to determine who is willing to opt for voluntary retirement or leave with severance pay instead of using phycological pressure to force self-resignation

Likes

Positives are the Ramanujan IT sez itself with lots of greenery with world class garden and buildings - There used to be lot of Table tennis players which I have learnt and become good at TT after office hours (2015-16 period) but it sort of reduced after COB initiative as many members where shifted to other cities - Exposure to international clients and banking systems

Dislikes

...t recently I heard that they are giving promotions to other communities as well. But only the salary and levels are given not the entire team management role. It is very demotivating to know even after years of hard work you are not given promotions and good appraisals. I guess world is not fair I found out the hard way. - No regard for your health, due to my demanding investment role, handling huge sums i used to have lunch someday at 2.30, someday @ 1.30, sometimes at 3.30 or 4.30 in the evening, this is due to different cutoff time. And working 11 to 15 hours depending upon the volume and there is commute for another 2 hours per day. I literally felt like living in office!! After all the hard work living as bachelor getting proper food @ 11 and 12 in night was hard. I usually show all the frustration by having large amount of food at late night. Due to this unhealthy life style and work culture I had developed a health condition called GERD/reflux where your splinter muscles loosens and tend to vomit a lot. Got 3 endoscopy done first was in 2019 last was this year 2024. I couldn't go to a job due to this condition. - Every job is demanding so do your job but it is not your life. Take good care of yourself by having small breaks and have some fruits in between. Stay away from smoking and drinking. You got your family to take care even after your 40 but there is always someone to replace you at your company

Likes

Nothing as such

Dislikes

...nication between departments or management levels can be inefficient or unclear.Compensation and Benefits:Some employees may feel that the compensation and benefits packages are not competitive or do not adequately reflect their contributions.

Likes

Infrastructure is nice

Dislikes

...ar BAU and some times Adhoc request like download data from perticular database. No promotions, poor salary hikes.

Likes

Pay will be better than normal. But not worth to compensate the below disadvantages.

Dislikes

Worst place to work in Chennai. Politics and toxicity to the core. The VP himself will directly come and insult you. Citi might have a good name outside but it has changed a lot. Never work here and never suggest anyone to work here. They may give attractive packages but the work stress is too much, not abt the process but these PPL have trust issues and micro manage. If you work there will be another person higher to your level to pick out all the errors you make and this will be directly reflected to the vp level and that lunatic will label you as having attitude issues. I don't think they want anyone to work under them.