Muthoot Fincorp Gold Inspector salaries in BFSI, Investments & Trading in Mumbai

Likes

My overall experience was excellent, Give an enough training period for learning what was your work profile. Teammates are very helpful and supportive. And also senior authorities.

Dislikes

All employees are dislike the salary growth as compared to other companies.

Likes

...were used. That means training sessions was excellent. Now it has become poor. Poor salary and Poor appraisal salary would be in between 12k-15k. Forget about job security. Good company for learning purposes only if you go through your KRAs, shift rotations and other seniors KRAs. Overall Good company to start, Low package, Fixed timings 9-5.30, Low increments

Dislikes

Salary

Likes

Fix office timing and supportive staff

Dislikes

... 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.

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.