Kotak Mahindara Life Insurance Area Business Development Manager salaries in Nagpur
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₹5.4
Lakhs - ₹6.9
Lakhs
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Last Updated:
4 Jul 2024
Area Business Development Manager salary at Kotak Mahindara Life Insurance ranges between ₹5.4
Lakhs
to ₹6.9
Lakhs
per year for employees with 16 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Kotak Mahindara Life Insurance.
Similar Designation salaries in Kotak Mahindara Life Insurance
Salary related reviews for Kotak Mahindara Life Insurance
Sales Manager in
Mumbai
Full Time
·
BFSI, Investments & Trading Department
1.0
• posted on 26 Jun 2024
1.0
for Salary and Benefits
Likes
Managerial support.
Dislikes
... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target....
Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."
Kotak working environment is overall good. Give space to employees to work on their own. Job security is there.
Dislikes
Salary structure is quite low and apprehensive. Difficult to co relate with target and hard work you put in. No goal sheet which directly linked with growth and appraisal.
...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.
Kotak Mahindara Life Insurance Area Business Development Manager Salary FAQs
What is the notice period for Area Business Development Manager at Kotak Mahindara Life Insurance in Nagpur?
According to AmbitionBox, 100% of the Kotak Mahindara Life Insurance Area Business Development Managers in Nagpur reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.
Kotak Mahindara Life Insurance Area Business Development Manager Salaries in Nagpur
Kotak Mahindara Life Insurance Area Business Development Manager salary in
Nagpur
ranges between ₹5.4
Lakhs to ₹6.9
Lakhs. This is an estimate based on
latest salaries received from employees of Kotak Mahindara Life Insurance.