Muthoot Fincorp Senior Branch Manager salaries in Erode

Likes

Good working culture and job security and good learning facilities available in organisation and good increament policy.

Dislikes

Not promoting old employee and hiring out side person and giving him high salary also.

Likes

Correct salary payments on due date

Dislikes

No holidays on second Saturday but given to other firms of muthoot New comers are given salary hike, but not given to old staff for same post. Experience and years working in same company should be honoured and paid more.

Likes

It's a great experience I have started journey in Muthoot Fincorp 2010 ,I have learned lot,thanks to Muthoot Fincorp Ltd I respect the company my entire life

Dislikes

There is no much opertunites to grow career and also salary growth is not a market situation

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.