Muthoot Fincorp Associate Manager salaries in Karur
Annual salary range
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₹3.6
Lakhs - ₹4.6
Lakhs
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Last Updated:
19 Sep 2024
Associate Manager salary at Muthoot Fincorp ranges between ₹3.6
Lakhs
to ₹4.6
Lakhs
per year for employees with 6 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Muthoot Fincorp.
Salary related reviews for Muthoot Fincorp
Business Development Officer in
Bhopal
Full Time
·
Sales & Business Development Department
5.0
• posted on 26 Nov 2024
5.0
for Salary and Benefits
Likes
The company is very good, I like the company a lot but my salary is very low, that's why I am a little angry because my salary is low
I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.
This is a good company for work. We have the job security for all staff. And good office time.
Dislikes
Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..
... business targets, fostering customer relationships, and mentoring team members.
However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress.
This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers.
I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success.
Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.
Salary package not satisfactory. Muthoot Fincorp experience is very much valued by other NBSCs.But within the organisation it is not so.Basic Pay should be increased, then only we get some amount at the time of retirement.
Minimum wages should be increased, then we can reduce labour turnover to a certain limit.
Salary package should be restructured based on service first and then give increments based on performance.
Service based employees meeting with higher authorities once in a year
is not seen in our organisation. If so it is much valued.
What is the notice period for Associate Manager at Muthoot Fincorp in Karur?
According to AmbitionBox, 100% of the Muthoot Fincorp Associate Managers in Karur reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.
Muthoot Fincorp Associate Manager Salaries in Karur
Muthoot Fincorp Associate Manager salary in
Karur
ranges between ₹3.6
Lakhs to ₹4.6
Lakhs. This is an estimate based on
latest salaries received from employees of Muthoot Fincorp.