Kotak Mahindara Life Insurance BFSI, Investments & Trading Department Salaries in Mumbai

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

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

They have Bus service with in mumbai , for office and home commute No one bother you on Saturday and sunday Salary get credited on time , last or second last day of month

Dislikes

No learning Last Saturday of month is working Lots off office politics Sluggish environment Obsolete technology in use Do lots of cost cutting while procurement of any tool or asset You will feel stagnated and question your existence in company

Likes

...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.

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

Likes

This company is ready to give you the freedom to explore as long as you are ready to give your commitment. KLI help your growth prospects in your career.

Dislikes

The company needs to rebook at the pay scale of employees who have spent time with company and have grown up the ladder as they feel not matched up to others in the industry.