Ion Exchange India Assistant Manager - Business Development salaries in India

Likes

Nothing good in this company

Dislikes

Don't even think of taking any oppertunity in this company they have 0 concerned about thier employees and their pay system is bad no apprisals can be expected and your manager will take u granted u for everything

Likes

They paying salary timely.

Dislikes

The work at lon Exchange is very slow, especially in the proposal department. I have faced it myself; the work mainly involves copy-pasting, and there is no scope for learning anything new. If you already know how to design and create proposals, you can survive, but for those who design or create proposals for ZLD (Zero Liquid Discharge), there is zero scope because even they don't know what they are doing. If someone does any work, instead of being appreciated, they might get scolded for no reason. For example, if your copy-paste work isn't done properly, you might be asked to work an extra hour just for editing. I don't think you need to be a graduate to do this work; anyone can do it. Yet, they still want graduates so they can make them do copy-paste work. There's also a lot of politics and favoritism; those who do nothing but know politics can survive, otherwise, the proposal environment is very toxic.

Likes

Nothing apart from the product technology is good ! In this digital era, things still happen in a traditional approach. In a nutshell, they are quite backword technologically and in their planning/ support and execution. It's not at all a match for someone from the new generation! However, someone in their late 30's and mid 40's would be a good fit here. It's not the fault of the company, it's purely the fault of MBA colleges and B-Schools that they bring such companies for final placement (no surprise, they need to show 100% placement). So do a proper research at your end before joining any such company. I resigned from the company and looking out for better opportunities to have that stability in life.

Dislikes

...not funded by ION Exchange, don't do this mistake of joining that department! Less salary compared to the standard of Management Trainees that they get in other companies. You would be shown "Rosy picture" during the induction, don't at all fall for it. They themselves are unclear about what they expect you to do. They will randomly try anything and everything (except for advertising for their product and the company and ultimately you will have the pay the price for not meeting the target. You would be promised TA of 4000/- (Rs.150 per day, which is quite less) per month but what you would actually get is Rs. 1500/- which is even lesser HRA that you get is Rs2000/- per month. I don't know in which city can a person survive in such small amount, not ever in a Tier-3 city/ town. And btw you might have to work on sundays as well, unofficially and yes you don't get paid for it. First of the don't apply for such a company & even if you do & get selected for the company, reject the offer, you would get far better opportunities in the market.

Likes

IEI has very open work culture. Freedom for the employees to perform their tasks. There is good work life balance.

Dislikes

Salary and benefits are well below average as compared to Industry standards. Management is slightly orthodox. Systems are kind of old style.

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.