Larsen & Toubro Limited Manager - Accounts Payable salaries in Chennai

Likes

Only salary will be credited on time.

Dislikes

...rowth in L&T for lateral joiners. Around 30% of salary paid as variable salary. If anyone resigns before reaching the due date for variable pay, they will not get the same.

Likes

Individual wise responsibility, separate departments for executing separate works, job security, timely payment of salary.

Dislikes

Some managers wants to run the show as per their requirements which top management also agrees. Even after being a construction company where site people has to face a lot of issues, management took much time for resolution of problems.

Likes

1. Timely Salary - Every 28th 2. Amazing people to work with and to learn from. 3.

Dislikes

1. Appraisal is based on how people think of you and not your work i.e., your brand will define your appraisal, no matter how hard you work. 2. If you are from Accounts, even though you don't have petty cash at site, you are not expected to say 'NO' but otherwise and spend from your pocket to claim it back. Sometimes, you won't even be able to get it back. 3. No clear target or vision is shared with the subordinates. 4. It is expected of you to perform without having the proper judgment of your skillsets. You could be assigned any role. 5. IS can and may rate you negatively on your transfer to the next project. (Do make a note of this)

Likes

Good organization to work with. Culture is good and clear structure display.

Dislikes

Salary benefits is below industry standards for employees working for longtime. HR policies are tricky and unclear. Appraisal system is not up to the mark.

Likes

Job security and salary on time

Dislikes

Very low appraisal . Appraisal comes on basic . If your boss recommends your promotion it may be cut by ho withought any reason . We'll curve appraisal system . Bad culture.