ICICI Bank Wealth Manager salaries in Chennai (Updated 2025)

Likes

Job security and timely salary

Dislikes

As a fresher, you are pushed to bring business from Day1. If someone comes for a training session, the boss drives him away for wasting employee's precious time. HR provides zero support and does not assist at all in the initial days when all the joining formalities have to be done. They expect us to learn everything on our own as the other staff is too busy in their work to be of any help or assistance. The work culture is so negative that you are called infinite times a day to know the business status. No other activities or events are cared to be celebrated.

Likes

Their overall work environment is good, learning is good. Seniors practice hand holding and try to provide exciting events to meet targets. The provision of unlimited sick leave is a very attractive feature.

Dislikes

Compensation and pay is less, flexible working hours are not provided, sometimes achievable targets are given.

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

*Unlimited sick leaves

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,