Federal Bank Finance & Accounting Department Salaries in Visakhapatnam

Likes

Nothing as such. Seniors are bad and management is not at all transparent. Company HR policies are among the worst in industry.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is extremely slow. Seniors are only there to misbehave and abuse, not to help you. There's a lot of back stabbing going on there.

Likes

...traveling allowance for additional cost incurred while traveling under lockdown. We were allowed to work on rotational basis and were given additional pay for everyday branch attended during Covid.

Likes

Federal bank pays a very good package with comparison to other Banks. Very good scope for learning and development.

Dislikes

With high level of job security, performance of some staff is abysmal. It discourages performers to perform as performers are only given recognition, no monetary benefits.

Likes

... BT the only thing that I am not satisfied is about the behaving of our agency.. I can't blame the federal bank, in the matter of our salary and allowances bcz, they are providing the apt rate for us, BT the amount that we are receiving is after the reduction that making from our agencies.. and the agency never credit our salary on date.. because of these issues i am not interested to suggest anyone to work there under the control of agencies. Hope you understand abt these issues. Thank you for the opportunity.

Likes

... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.