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3.6

based on 469 Reviews

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Commonwealth Bank of Australia, India Salaries in Chennai

based on 109 latest salaries
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Engineering - Software & QA BFSI, Investments & Trading Data Science & Analytics Customer Success, Service & Operations + 2 more
Designation Avg Annual Salary Open Jobs
6 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

11 years exp. · Chennai (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Last Updated: 15 Dec, 2024

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Salary related reviews for Commonwealth Bank of Australia, India

4.2

Rated by 3 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 29 Nov 2024

4.0
 for  Salary and Benefits

Likes

Health Insurance Benefits Salary Package Yearly Hikes

Dislikes

Frequent change on the Organization Structure No Scope for QA Roles since QA Hiring stopped. Management mindset of service based companies on salary hikes and policies.

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Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 20 Oct 2024

3.0
 for  Salary and Benefits

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.

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Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 11 Oct 2024

1.0
 for  Salary and Benefits

Likes

Cab facility, shuttle facility, insurance

Dislikes

... get promotion hike from 0 yes from 0 to 60 it is based on the range If you have less package you will get big percentage Variable pay is joke here, Don't fall for variable pay No boundaries on work They will make you to do all the work if you don't know how to say no, Very old technologies Only SQL is required No spark code will by writing They have their own library to use (built on top of spark) to use only SQL not the dataframe code Micro management Just lik other office Office politics on region Deployment process is completely manual More documentation process for release No documentation on code or requirements No onsite opportunity Work pressure Outdated technologies No food Discrimination against gender on recruitment

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Full Time

 · 

IT & Information Security Department

2.0
  •  posted on 05 Sep 2024

3.0
 for  Salary and Benefits

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.

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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.

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Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 24 Apr 2024

5.0
 for  Salary and Benefits

Likes

This company is very good for the people who are fully settled in Bangalore or the native Bengaluru people, especially for women. Work-life balance is well maintained as most of the time you will not have any work. CBA has recently started its existing system migration to the cloud but the pace of the transition is very slow. So if you can make a good rapport with the top brass then you will get the opportunity to work on those technologies. They have Pick up and drop cab service and also shuttle serive 2 times in a day.

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Dislikes

...that time what ever the benefits the hiring HR promised most of them were vague. There is huge amount of your CTC will be part of the veriable pay(which they called STVR), 20% of the fixed amount. It is non-negotiable. Also as per the company policy no one will get 100% percent of the STVR. On an avarage you will get maximum 50% of the STVR. CBA is very much confuse about their choice of technology. They are hiring people with very serious designation but eventually the candidate is end with silly excel report. For an example most of the Data engineers in the organisation are just running jobs and monitor them as pert of their daily work. Quality engineers are running same test cases daliy. Most of the people in this org does not have enough work to keep you busy all day.

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Commonwealth Bank of Australia, India Salary FAQs

How much does Commonwealth Bank of Australia, India pay per year?
The average Commonwealth Bank of Australia, India salary ranges from approximately ₹4 Lakhs to ₹5 Lakhs per year for a Talent Acquisition Specialist and ₹70 Lakhs to ₹1.3 Crore per year for a Executive Manager. Salary estimates are based on 109 Commonwealth Bank of Australia, India salaries received from various employees of Commonwealth Bank of Australia, India. Commonwealth Bank of Australia, India employees rate the overall salary and benefits package 4.2/5 stars.
What is the highest salary in Commonwealth Bank of Australia, India?
The highest-paying job at Commonwealth Bank of Australia, India is a Executive Manager with a salary of ₹70 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹40.69 lakhs per year. The top 1% earn more than a whopping ₹83.26 lakhs per year.
What is the minimum salary in Commonwealth Bank of Australia, India?
Minimum salary at Commonwealth Bank of Australia, India depends on the role you are applying for. For Senior Associate the minimum salary is ₹5.5 Lakhs to ₹12 Lakhs per year, and for Senior Associate Analyst the minimum salary is ₹5.3 Lakhs to ₹11.4 Lakhs per year and so on.
What is the salary package for freshers in Commonwealth Bank of Australia, India?
The average salary at Commonwealth Bank of Australia, India for freshers is ₹5.2 Lakhs per year for Associate Analyst.
What is the notice period at Commonwealth Bank of Australia, India in Chennai?
According to AmbitionBox, 65% of the Commonwealth Bank of Australia, India employees in Chennai reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 98 responses on AmbitionBox in last 2 years.

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Average annual salary in Commonwealth Bank of Australia, India , Chennai is INRunlock blur . Salary estimates are based on 109 Commonwealth Bank of Australia, India latest salaries received from various employees of Commonwealth Bank of Australia, India.

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