...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.
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
... 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."
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.