IDBI Bank Manager salaries in Mumbai

Likes

It's a good organisation to kick start your career. Salary compensation does not increase with time as it should.

Dislikes

Promotion process and transfer policy. Bank doesn't concentrate on placing domain specialists in specialised departments.

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

...portunity to learn depending on your open minded attitude for new learnings. 2. Good pay master as per Industry Standards.

Dislikes

1. Promotion policy is traditional and non transperent. 2. Transfer policy is not transperent. You may be transferred without any consent anytime and anywhere. 3. Work experience not given weightage and may be posted anywhere without matching your skill sets.

Likes

Almost everything was excellent during the era when I have joined this esteemed organization. But now its like working in an organization called bank having third party insurance product only.

Dislikes

... bank. Gross salary is apparently higher, but net salary is bow par in industry. Salary structure is quite rediculous where you end up paying highest possible tax.

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.