Futaba Industrial Gujarat Senior Manager Finance & Accounts salaries in India

Likes

The futaba industries is latest technology. I love the fact that I am a part of a team that markets reliable, high Quality & production.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day

Likes

the company is very professional to work, salary, food and transport company has high quality sensor and light, and the exhaust system is outstanding as a machine operator i am satisfied to oporate it 😇

Dislikes

i am working at manifold , Their is some pressure to make terget of production

Likes

Working at futaba industrial Gujarat private limited so wonderful, working environment and travel,salary good .I will consider my self very lucky if I get to work any time in future.than you.

Dislikes

No,I have no complaints about any employees company .all employees behavior so good no work pressure working hours time to time . company environment so good ,I like working in this future

Likes

It's good for career opening.

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

Work-Life Balance: The organization offers a standard 9-hour workday. Overtime facilities are available for employees below the Assistant Manager (AM) level. The canteen services are excellent, and there is an annual trip organized for all permanent employees.

Dislikes

Salary: During the CTC finalization, the HR representative mentioned a "Diwali Bonus" scheme. However, this information can be misleading, as the bonus is not part of the CTC and is not documented in official papers such as the offer letter or appointment letter. If you accept and join the organization, the Diwali bonus will not be applicable for the current year. For instance, if you join in January 2023, the HR representative indicates that you will only receive your Diwali bonus in October/November 2024 (the following Diwali). Moreover, these details are not disclosed prior to joining. Additionally, if you resign, the bonus is excluded from your full and final settlement. Work Satisfaction: In this organization, there are two key pillars: the Quality Head and the Maintenance Head. Production, Process Engineering, Maintenance, and Utility teams report to the Maintenance Head, while SCM, Purchase, Vendor Development, Stores, and Dispatch teams report to the Quality Head. This structure is fundamentally flawed, as it implies that all functions are focused on production rather than quality. Additionally, the ground-level workforce consists of older employees, creating significant resistance for new joiners. Job Security: Job security is minimal for those joining at or above the Assistant Manager (AM) level. Many individuals have lost their jobs at Futaba Industrial Gujarat due to the organization's poorly structured framework. Skill Development: The company is entirely mechanical in nature, making it suitable only for those looking to start their careers. Promotions: A minimum of 3 years of service, starting from the date of joining, is required to be eligible for promotion.