Kotak Mahindara Life Insurance HR Executive salaries in Mumbai

Likes

Work culture is good here. People are good, friendly and helpful.

Dislikes

Salary is v low and they don't intend to increase it even if u do hardwork. They should increase it. Our work experience becomes good when you have a good boss n vice versa.

Likes

High level of corporate politics

Dislikes

...to gain knowledge and make my career But it's useless to be in this company My salary was 10 k in hand They never told about time like 9 to 6 So I used to work till 9 sometimes 10 pm I don't recommend you this company

Likes

...in entire career. There was no career growth for employees who were on off-role. Salary was very disturbing.

Dislikes

KLI more believes in Monkey Management, which results in attrition at lower level. P.S I have worked at Branch level, there might be different seen at corporate level.

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."