ICICI Bank BFSI, Investments & Trading Department Salaries in Mumbai

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

Likes

I have been with ICICI bank from last 2 years and can truly say the job security, Salary credit and the culture here is far better than other banks.

Dislikes

It doesn't matter if you are working more or less as the appraisal here is fixed. No work from home option available here.

Likes

The only benefit is u have unlimited sick leave and other holiday benefits. No bell curve. So people keep growing at a stagnant pace

Dislikes

Very bad pay master ...your fixed salary only grows by 7% ...even when u get promotion the hike is no more than 10-12%. Chances of transfer is very high for vintage employees. So the hike gets nullified by the rent that one has bear. Too many review calls .

Likes

Literally cheated for my bonus. Work life balance is not good. Unnecessary pressure which doesn't even make sense. Would be happy to work even 10 hours if it makes sense. My father had cancer and i had to look after him in different city and HR response was you can take leave but no WFH is allowed. During 1st year, we have no paid leaves.

Dislikes

Standard 10% hike for everyone whether you do good work or bad. Gave me bonus of half of the bonus received by my colleague just because he joined 7 days before me. No performance linked incentive in the company (fixed or variable). Work from home is not allowed.

Likes

Nothing to Like. Please read the Dislikes

Dislikes

Lot of internal politics. Too much of Nepotism. Slow growth in salary. No Work life balance. No fixed timings of leaving. Sometimes need to work for 12 hrs when month end is near. Very less benefits to employees. No job security. Top level Managers are worse. There are many more aspects In which the company is worse. Just brand oriented with no focus on its employees