Larsen & Toubro Limited Microfinance salaries in Chennai

Likes

JOB SECURITY, SALARY ON TIME, MEDICAL BENEFIT, WORK CULTURE, LEARNING PLATFORM

Dislikes

LONG WORKING HOURS, LEAVE APPROVAL FROM PEER, HAVE TO WORK ON SUNDAYS, HUGE PRESSURE, MANAGEMENT IS CHANGING FROM GOOD TO WORSE BY TIME, PARTIAL APPRAISAL POLICY

Likes

Only you get salary in time.

Dislikes

Promotions are largely determined by your relationship with the manager, and you're expected to always agree with their decisions (Manager Decision) , regardless of how much work you’re already handling. There’s little regard for the effort you put in; everything is considered urgent, and the expectation is that tasks be completed the same day, no matter how many hours it takes. Disagreeing with management can lead to workplace politics, which can result in delays or denials of things like timely leave or meals and harrassment. There is clear favoritism between permanent and contractual employees, especially when it comes to leave and accommodation. Site engineers and third-party employees are had to work at least 14 hours a day (despite HR policy stating 12 hours), including Sundays, without additional pay or leave adjustments. Office hours are strictly from 8:30 AM, with no official end time. Only your in-time is recorded by the employer, not your out-time. Cost-cutting measures are mostly applied to site staff, while managers enjoy all the benefits. The harsh reality of the company becomes apparent only after you join. This is the situation in the construction industry.

Likes

Only salary will be credited on time.

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...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

If you want to stay longer in government like environment this is for you, medical and domiciliary benefits are good, work life balance depends on your unit and your leadership.

Dislikes

6 day working, company policies, company tools, processes, HR, unclear salary structures, below average appraisals etc.

Likes

Good Exposure, Lot of training’s and personal development programmes. Salary as per industry standards.

Dislikes

Long working hours,strict work culture due to old school senior management. Difficult to balance work and life