HDFC Securities A.V.P - IT salaries in Mumbai

Likes

1. Promotions are regimented. You become eligible to be promoted every 3 years. This makes the wrong kind of crowd mop around for years without making any positive impact to the organization or to younger juniors. 2. People hardly get fired. The redundant ones are moved around from department to department and eventually get promoted after every 3 year stint to rise to higher positions.

Dislikes

- High job security at LOW salary and appraisals - Office politics and toxic work culture HDFC securities offers the worst of both worlds i.e low salary of a private job + bad office culture of a government job

Likes

Job security Salary on time

Dislikes

Appraisal according how is your relationship with manager not according performance. Pressure on other third party products where core business is not much important. HR response is zero whenever you need. System are slow like more than any government company.

Likes

Only job security if you have the potential to manage work load.

Dislikes

No fix job timings No salary hike Company only wants revenue No working culture They only wants revenue generated machine in the face of employee.

Likes

Great brand! The only other thing I liked about working here is the salary being credited on time.

Dislikes

Oh dear, downsides are uncountable. The work pressure is over the top. The salary being credited is totally unjustified to the nature of the work being done. Constant pressurizing leaves one unmotivated to the core and only to feel like leaving the organization altogether. Rubbing salt into the wound, where I work the 'politics' and 'favoritism' is unbearable - toxic working environment. On top of that, lack of appreciation for target accomplishment and frequent stealing of individual performance credit. I don't mean to be too harsh, but I'm simply describing the exact ground reality. Sugar coating is just not my cup of tea. Leaving everything aside, I would personally, never work here again (nor will recommend), even if I were to be requested or even bribed - just not worth putting your mental health in a jeopardy. The brand is GREAT without a shadow of doubt, but the management is, unfortunately, absolutely abysmal.

Likes

Overall company is good. There are lots of thing to learn. No workload no pressure. Life balance & time balance

Dislikes

Always disappointed employees when it comes to promotion. Specially on yearly bonus time. They always deducted the 80% amount From bonus