Kotak Mahindara Life Insurance Administration & Facilities Department Salaries in Chennai

Likes

Job is secured, timings are bit flexible and manage your work life and office but no support from management for the designation, there is not much growth in job as well as salary. Only sales team will have all perks and benefits other department just can be there for survival

Dislikes

No cafeteria or place to have food Low salary package

Likes

Top management is not good. Work culture is good. Appraisal are not fare. They are not giving proper salary hike and bonus. Bonus is totally depend on senior management not on performance.

Dislikes

There is so much politics. Salary is not good and there is no career growth.

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

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."

Likes

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.