Commonwealth Bank of Australia, India IT & Information Security Department Salaries in Chennai

Likes

Good Work life balance. Salary is competitive and 30% annual bonus on CTC which is usually 55-60% of 30%. 21 yearly annual leaves.

Dislikes

“No job security” i will be straight honest with you. 1) Every Post appraisal cycle (which usually July-June)CBA goes through yearly restructuring. And be ready to to get laid off if your dotted reporting line is in Australia. 2) difficult to get promoted even if you have exceeded expectation rating in you PMP. 3)Data maturity is nowhere in the DNA of CBA. 4)CBA india works like a vendor of CBA Australia which is quite evident.

Likes

Good package at the time of joining with 25% of variable pay only... later on nothing...

Dislikes

no work-life balance This product-based company in india has worse culture than service-based company Indian management working in this company prefers only those from their region. Whether they work or not, they give all kinds of ratings or promotions quickly. No matter how hard people from other regions work or how many certifications they have, it doesn't matter; at the end, they give negative feedback only. alwasy demotivativation... many sessions conducted on mental health and well-being, but many in management continue to harass their team members. Suggestions to the Management: Since the chapter leads and line managers are engaging in a lot of political games, introduce them to feedback as well, such as 360-degree feedback.

Likes

Good pay, which comes with own risk.

Dislikes

Dangerous workplace which is driven by EM and GM, job safety is not there at all. Great Innovation and change management, however, the pace also creates havoc in work workplace where the job they recruited 6 months ago becomes irrelevant and redundant. For Indian sentiment, this company is too low in rank compared to many American and European companies.

Likes

Comapany environment Salary and package Worklife balance Team outings townhalls fun activities Few Supportive people

Dislikes

Work hecticness and mess Frequent project changes No one give clarity on work if u struck Despite of banking products, this company have purely service based culture

Likes

Good medical benefits Cab service

Dislikes

...r thinks they are god here. If they dont like you they will force you to resign. You cant reachout to HR , hr wont help you 3) STVR OR bonus part is a joke. You will get likr 50% of it. 4) you have to wait for 15 months to get hike and bonus 5) They will ask you to change your skills and learn something which is not your skills whether you wanna learn it or not. They will force you 6) no canteen facilities. Food you have to bring from home. 7) discrimination is also there for north people 8) cba india is like a vendor to cba Australia . So you have to be careful. 9) environment is like service based, will notice your working hours in ofc, will micro manage. 10) this company was better until indian people joined as manager’s or upper management. 11) no gifts or outing 12) onshore opportunities iss 0.