ICICI Bank Deputy Manager salaries in Chennai

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Salary

Dislikes

...look you as a Human. Even in this century those people see Caste and Religion. Only the Salary part is good other than that nothing. No Work life balance. Have to work for 12 hours daily. Though there are not much work you will be asked to sit until your senior tells you to go home. They will just change your role without your consent and ask you to move to other departments.

Likes

...e bosses. They humiliate the employees if the work is not completed for the day. Appraisals and bonus are fairly good. If you are very good at sales and bring revenue to the company 'daily', the treatment is good, if not you are screwed. Talking about career growth, it's not really good though, it purely depends upon how good you're at sales.

Dislikes

Working hours is not fixed. They may ask to stay upto 9pm too, if the work is not done. Sometimes harsh words are used on the employees if the day target is not achieved (incl. female employees). Work-life Balance is zero. They have office calls at anytime irrespective of working hours, and we are bound to answer them. If we question about the working hours they bring up our achievement for the day/month and humiliate. Basically the bosses are dominating and they will go to any extent if the work/target of the sales is not achieved. On the whole company culture and employee treatment is something I disliked.

Likes

No job security....work culture is being a slave for the pay cheque.... Target..... Target... Target.... Nothing more than that even if you achieve the target they will ask you do more..... Targets never end....

Dislikes

Only sales..... Looting the customer in every possible way....

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Job Security

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I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

Dislikes

CTC Complexities Internal department change is not easy