Motilal Oswal Financial Services Management Trainee Finance salaries in Mumbai

Likes

i like to work under Sridhar sir & Gopi sir team good support is there .

Dislikes

salary is not hiked even after completing 6 months , new joiner to first 6month not there that much . Saturdays is not there leaves.

Likes

Motilal Oswal focuses on knowledge first. They get the best support in terms of training new people or upgrading old people. The company is driven by Client's first motive.

Dislikes

Hierarchy-wise guidance lack. Lack of Opportunities in terms of role change. The salary is very basic.

Likes

One can find good friends and teammates in the company. Company has a good training team which will help one intially at the time of joining and whenever required after that, also there are knowledge session from market experts every week or other but the only thing in this department of equity advisory is that people are so pressurised for sales target that they are told to ignore such sessions and priority is given to targets.

Dislikes

...makes you work for extra 1or 2 hours, leave will be deducted after 3 late in. 3. Poor Salary - Salary is nothing whatever one have to earn is incentives. Achieve KRA with good ratings and increase salary by 6% or 7% every quarter which is difficult. 4. Worst Incentives Criteria - Perform every 3 months to get those incentives with the salary of the 5th month. Also there is dock-in criteria which means a percentage of incentives will be deducted if not achieved specific targets. Above all this only 70% of the quarterly incentives will be provided at the time and the rest 30% of all the quarters after the year end. So if one have to leave the organisation he will also have to leave 2 months of incentives and 30% incentives of past quarter which is a very big demotivation. 5. Weekend working - If the targets are not done one will have to also work on Non- working Saturdays. There are different targets to get leave on Non - working Saturdays. 6. Work - Life balance - All those working hours and weekend working will exhaust one and because of that one can't do other things to grow in Life. 7. Highest Attrition and Replacement - There is highest Attrition and there are 2 new batches of employees every month all these because of above disadvantages.

Likes

The team are very good.

Dislikes

...way of talking and words are delivered by Reporting Managers are very dessarter. At the time of appraisal don't hiked the salary as the targets are overachieved.

Likes

Nothing here to like . Except that salary get credited on time

Dislikes

... from insurance and demat. Without any support. If you don't reach at 9.15 at 9.16 your salary will be debited for that month . If you don't do daily 2 meeting attendance is not marked and for every meeting you have to do geo tagging.and call from Mumbai whether sales person have met or not which is very embarassing infront of our client