IDBI Bank Manager-Banking salaries in Chennai

Likes

Overall it good company on the basis of salary structure

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Likes

Salary is good at initial levels. Job Security. Work Pressure is manageable. When required one can avail leaves without much hassle. Other off the Salary Slip component is good.

Dislikes

Methodology for assessing the Variable Pay is area where improvement is required. Policy wise the bank is conservative but management has it own take on it. But this makes the bank less competitive.

Likes

Salary & employees monetary benefits due to IBA membership

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Likes

There is a lot of learning here. The more you work the more work you get to do. Salary is comparitively better than some public sector banks

Dislikes

Its in transition phase of converting from piblic to private. So alot of changes in working style and people especially seniors (who actually prepare those new rules) couldnot follow. Work life balance is low. Long working hours. More selling of LICs than actual banking

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.