LTIMindtree Product Owner salaries in Mumbai (Updated 2025)

Likes

It's a "middle class" company - people are kind and down to earth in general. Everyone is helpful. The culture used to be really good at Mindtree before the merger with LTI happened.

Dislikes

... - hiring practices are not good, general calibre of people is on the lower end. But for this salary, it's hard to get good candidates. - I joined in May 2022, and my salary increment has been 5% in the last ~ years (it is Feb 2025 now). Infact in 2023, I got 2% hike even though my annual review rating was 3 out of 4. In 2024, I got a rating of 4 on 4 and my salary increment was 2.5%. - They change the annual review cycle to whenever they want. We are seeing appraisal cycle of 15-16 months each because they say they haven't been performing. But that's not true - the CEO doesn't take a pay cut. His earnings keep increasing while we don't get a hike. - They have way too many people on the bench but the company is also losing projects and accounts left right and centre to other competitors in the market. - HR and the Workforce Management team don't really care about you - they only focus on enforcing policies. Meaning if you've been on the bench for more than 60 days, they will call you and ask you to resign. - On projects, I've had to be online and support the US team at midnight/1-2 am even though I'm technically on a day time 9-6 shift. We don't get paid overtime and they just automatically expect us to work and be available at all times. - They ask you to come to office all 5 days if you're on the bench. And if you are non compliant, they deduct your leaves. That way when they ask you to resign, they don't have to compensate you for your leaves as part of the severance.

Likes

The company culture is exceptional, with top management always ready to assist. There are abundant learning Opportunities, and employees are highly motivated to develop their skillsets.

Dislikes

Unfortunately, appraisal process is lacking, with minimal salary hikes.

Likes

The best things with LTIM are the innovative environment, the opportunity to work with cutting edge technology and the collaborative culture. LTIM encourages the continuous learning and provide opportunities for technical growth.

Dislikes

The compensation is good however I appreciate if it could be more competitive.

Likes

1. There is lot of encouragement for Learning & Skill Development in the company. 2. People across organization are quite helpful and are ready to guide you.

Dislikes

...f issues, you have to run around to get it resolved due to complex processes. 2. Salary and benefits need to be improved for sure 3. Our talent should be retained as far as possible. Many employees are leaving the organization which is not a good sign.

Likes

Option to explore new technology and as well as responsibility. Continuous training on new skills and development

Dislikes

...like Medical Insurance and Term Life insurance which is to be paid by employees. Salary not as per market standards.