ICICI Bank Production Manager salaries in Mumbai

Likes

Only thing to like is sick leave policy and you get national holidays

Dislikes

1.Very less Paid Leaves for first 2 years only 9 PL 2.The variable and retention bonus may not be paid citing reasons best known to them 3.Specific asset departments have lobby system with HR wherein they might not confirm probation which is 1 year long 4.Very laid back work environment hence no learnings 5. Whatever the role may be it would only consist of sales 6.Department mentioned on offer letter may not match the department given during onboarding 7.Very high travelling requirements with only 3000 rupees will get reimbursed. Average travelling expenditure may clock north of 10000 in some months

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

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

Likes

The overall salary structure. Centralized appraisals.

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

Likes

We all know that ICICI is the most leading bank ... So that's the company culture, salary process, increment process just excellent. This is reason icici is the most successful private bank in India.

Dislikes

There is nothing dislike about icici bank. Sorry to say for me this best working place ever.