NLC India Limited Finance & Accounting Department Salaries in Chennai

Likes

As per my personal point of view NLC is the better company for growth, salary, security and many more beneficial. Work environment and culture is good. All senior are supportive and provide better guidance.

Dislikes

Nothing

Likes

1. Salary. 2. Several hardworking employees.

Dislikes

1. HR should try to save manpower cost by firing themselves first. There is different rules for different individuals. Never seen such biased individuals, who despite availability of rules, misinterpret the same for just sadistic pleasure. 2. Too much favours to the favourites. The management should be unbiased towards all employees. Some employees are given posts where they have nowhere to sign and just enjoy. 3. New projects have NIL facilities. 4. Corruption in departments like Civil, Electrical, Mines, NSU, MM. 5. Regionalism amongst employees. 6. Other PSUs have a three year promotion policy. With a mass retirement of middle management staff, how shall you replace them with fresh blood. Lateral entries?? How much do they know about our company? 7. Most employees are lethargic and only focus on their personal life. Such kind of people are a bad example for those who work hard. 8. This company is dying nonetheless. Ghatampur shall not come before mid 2024. Pachwara is in doubt. Mine I reserves are over. Mine II too shall be over in next 25 years. TPS II Exp power prices are too high. 9. Finance Department acts like Vigilance Department for petty bills and doesn't even think twice before paying Rs. 100 crore advance to a sick company like BGR without any bank guarantee or even paying crores and crores to Adani as an advance. These intelligent people return the bills even after certification by technical department. All their functions like bill accounting and others must be outsourced to KPO.

Likes

...yle, company policies are on par with other profit making PSUs . Not so liberal. Good package of salary and other benefits.

Dislikes

Career opportunities are not so bright, but comparatively better now a days due to revised promotion company policies. Lateral entry executives will be much benefitted when compared to executives worked from beginning of their service.

Likes

Good work life balance. Life goes smooth with satisfaction in all fronts Salary, perks, allowances accommodation, children education, medical ,terminal benefits etc

Dislikes

Career prospects are not so bright and only lateral joined employees are ranked to higher positions compared to people joined initially with company. Reservations in promotions is another setback to non reserved category employees... But one has to judge the current promotion policies of the company

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.