Daramic Battery Separator India Director Finance salaries in Finance & Accounting in India

Likes

1.The company provides ample opportunities for professional growth and development, especially during early stages of employment (1st 2 or 3 years) 2. Colleagues across all levels and regional locations are friendly and approachable, fostering a positive work environment 3. Senior leadership team do not show any clout of their positions or qualifications and are very much approachable, in contrast to traditional hierarchical structures found in most Indian companies where top management work in silos and not accessible . No visible class difference between the SLT team and rest of the workforce in terms of treatment and common facilities

Dislikes

...cus on self promotion and make feel their presence to ensure career advancement. Many employees expressed there is an unhealthy emphasis on individual visibility , especially to make your presence felt among top leadership and ensure individual contributions are noticed by senior management, especially for those seeking career advancement by promotions/role change Unfair & biased promotion system : a) Promotions appears to be largely based on personal relationships with senior leadership and notice made by them rather than based on merit, individual contributions or commitment Compensation and rewards :- a) Disparity in rewards : - A significant gap exists between compensation and benefits between top level executives/HODs and the rest of the workforce, creating a sense of inequality. The company's compensation structure is highly skewed in favor of top - level executives, with substantial benefits like LTIP (Long term Incentive Plan) are reserved and exclusive privilege of the SLT/HODs. The majority of employees feel their hard work and dedication goes unnoticed and inadequately rewarded. Favorism and bias :-Management perceive a strong preference for Gujarat (Dahej) team over other locations, leading to feelings of discrimination and resentment among Baddi and Bangalore corporate teams. Baddi plant and teams (Himachal Pradesh) are felt often overlooked and undervalued due to this over inclination towards Dahej plant. Career and growth opportunities : - a) Limited growth opportunities for finance team . Employees, particularly in finance, feel stagnant in their roles with minimal chance for advancement. b) There is an undue emphasis on CA qualifications for higher-level finance roles. This creates a perception among non CA team members that they are undervalued, their contributions overlooked and their career growth is hindered The fear or jeopardizing one's career by challenging their bosses or by disagreeing to their superiors are prevalent. Overall morale : - These factors contribute low employee morale among finance team , characterized by feelings of frustration, disengagement and lack of loyalty towards the organisation and towards their managers In essence employees largely feels undervalued, overlooked and unfairly treated with limited opportunities for growth and advancement Decision making : There is an excessive reliance on global team, particularly US senior leadership team for decisions making. Indian leadership often prioritizes gaining visibility with global counterparts over addressing local issues. This has created a culture of fear and avoidance of conflict with any member of US global leadership team. Even Indian Director level employees are hesitant to challenge any decision taken by their US bosses and fear any escalations from US team, which may impact their career advancement and tarnish the global professional reputation. Any escalation from US or global team will be a nerve wracking experience by finance team Promotion is nearly impossible in finance team, even for a seasoned employee with 15 years of experience within the organization. Elevating to a 'global role' is considered the most rewarding career advancement and pinnacle of success one could be offered by management

Likes

One can join if the person wants decent salary.

Dislikes

High Politics - you must either be a “Yes Sir” guy or a friend of your Boss to sustain in the company. Rules are only to be there in the books - none of the people in charge follow rules. You should smile even after the Boss shouts and verbally humiliates you.

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Likes

Salary come in time

Dislikes

No growth ..as mechanical diploma & btech person There is a lot of politics and the management doesn't address our issues salary is decent but Career growth is slow mean never promote next level no consider ur qualifications ..

Likes

Daramic is well equipped company, where you don't need to work with Irregular Tricks in absent of equipment, There is Proper Tool, Equipment and Procedure to complete task in Manner. Employees Safety First.

Dislikes

Company not provided Medical insurance for Single Employees Parents, Average in Increments for lower package employees.