Muthoot Fincorp Senior Manager Salaries in India

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

Likes

It's most convenient working time and travel distance for especially women. Hence I personally feel security in this job.

Dislikes

CSE are getting lower salary. I would like to increase their salary and promotions.

Likes

Gets freedom to execute. Generally they take only mediocre talent in all level. So senior management does not have bandwidth to review everything.

Dislikes

...ning. If you are lucky and get a good manager then good to stay for long period. Salary growth and peace of mind depends on manager.

Likes

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..

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.