ICICI Bank Manager II salaries in Mumbai

Likes

1. Brand-name of Bank & its Group and a promising Indian bank to breach into top 10 ranks of banks globally by M-cap 2. Job-security 3. Best Learning & Skill-development among it's peer banks. Most employees joining MNC banks or top positions in other banks most likely have worked before at ICICI Bank/Group cos 4. Adaptation & willingness to invest in latest software-tools/Systems, Analytical tools, Digital-platforms etc 5. Approachable management & supervisors. Team building activities & outings make the junior as well as mid-management comfortable with each other 6. Openness to Internal transfer movements for employees who want to explore or learn newer domains based on their interests 7. Opportunities for employees working in International banking units to relocate abroad for 3-5 years 8. Concessional interest on loans based on various management grade

Dislikes

...andover made 4. Manager II level should also be given concessional home loans 5. Pay-scale can be still improved compared to MNC banks, given that working hours can exceed at ICICI bank based on some working saturdays. If ICICI Bank reviews, request to please re-consider exited employees to re-join esp; when employee left for higher pay to meet some financial obligations.

Likes

Icici bank culture and Bonus But unfortunately I didn't got.

Dislikes

Seniors are blindly believing immediate supervisor feedback. My Manager name Jagannadha Purama was in bad books but still Seniors believed him due to that I have lost carrier. So many complaints against him but no one is taking action because he is senior most employee

Likes

Job Security

Dislikes

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

...ous training and development programs to help employees enhance their skills. 2. _Competitive Salary_: ICICI Bank provides competitive salaries and benefits to its employees.

Dislikes

Nothing

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there