Commonwealth Bank of Australia, India Murex Analyst salaries in Bangalore / Bengaluru

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

Offered good salary, various benifits. Flexible working hours. Good employee friendly insurance policy, various tax benifits. Easy to approach HRs. Only 40% in office attendance required. No monitoring of hours spending in office.

Dislikes

I) Mostly Enhancement related works as major development already done by the vendors, so if you are looking for good development work then you will be disappointed. II) Less growth as less number of promotion. III) Managers are not good IV) Almost near to 0 possibility of changing projects V) Too much process involve for following SDLC processes from Code development to successful deployment in Production VI) Dependencies with multiple team with onshore and offshore VII) Lot of favouritism in Managers VIII) Lot of promises in Monthly Townhall discussion however in reality unable to achieve 50% of it. IX) Infrastructure is ok, however canteen food is very expensive X) A very strange process of taking in office attendance through turnstile gate swiping via mobile navigation app

Likes

Salary only one thing. That too HR reduce your previous organization PF amount and based on that they give 30% hike.

Dislikes

One of the worst organizations. No proper management in Transaction Monitoring. Daily we need to stretch and weekend works. 3+ years project got started but management still say that we are pipeline the project. Think twice before you join to CBA.

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.

Likes

Compensation and culture is good. As this is a bank things are little slow and Technologies used are sometimes old. If you are lucky then you might not have to work on old stuff.

Dislikes

Old Technologies, restrictions on what you can do.