Kotak Mahindara Life Insurance Location Manager salaries in Durgapur
Top skills at Kotak Mahindara Life Insurance for Location Manager
agency
Agency Management
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."
...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.
Skill development learning,work life balance,compensation and benefits,company culture is good,career growth is there,employee behaviour is good,fast growth in business along with career goal setting,promotion achievement etc
Too much work pressure while doing job, target setting along with achievement is very much important,job security depends upon the performane of it,lots of politics occurs in the management .