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This is one of the worst company having worst working culture and no increments. Most of my colleagues got first increment after 2 years and in-hand 200 Rs has got reduced from monthly salary. It was totally horrible experience for me as worked very hard for almost 2 years. Also, overall 3-4.5% increment was offered to most of my colleagues joined with me. It is less than inflation rate. Nobody works here more than 2 years except the old managers who have joined during the company was with Tata Forbes group and culture was good. Nerolac offered me 4.2 LPA CTC and got around 22000 in-hand which is again embarassing. All other parts of salary like Gratuity, Superannuation which are almost 33% of CTC has been deducted permanently from my 3 year salary. Working culture is worst. You do not have any authority to even drink a tea in canteen expect during morning hours before working time. The officers are passout from good government engineering colleges like ICT, LIT, UDCT, etc having good academics but the bosses are Diploma holders and do not respect any officer. Officers are treated like workers in the company which is truly empower not to work for the company. Most of the time company will ask to visit factory but they will not recruit employees at factory. Boss will ask to work for extra hours in the factory and extra days too.
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