Oracle Financial Services Software Transaction Processor salaries in Bangalore / Bengaluru

Likes

1. Work-life balance is good. 2. Projects and project teams are enjoyable to work with.

Dislikes

...rs for an appraisal and received only a 4% hike, which amounts to 2% per year 2. Even if you perform well, you may not receive a salary increase 3. Variable pay is low, ranging from 40 - 60% 4. Lack of communication with the line manager, as your project manager and line manager may be different

Likes

Free courses and certification. OFSS is like a college but no need to pay tuition fees because it's already being deducted from your non existing hikes and promotions. It's very good to sharpen your skills and then jumpship. It feels like they promote and want employees to resign. Not by firing , just extended exploitation. If you are a beginner , join , learn and jumpship after 1 year exactly, don't stay long. Same goes for laterals as well. Don't expect much.

Dislikes

No growth . Peanut hikes (3-5%) . No promotion even after staying for 3 years , delivering everything , taking ownership and being available almost all the time when required. Manager talks cringe when asked about hikes . HRs are basically like govt office workers , just do paper work .

Likes

Easy to work.

Dislikes

Low salary and hikes . Old technology. Good and elegant works is not appreciated and credit is taken by old timer even most help needed from you and most people know you doesn't matter. Slow people are appreciated.

Likes

job security is onl plus i see here, there are employees with 15+ exp, or from start of flexcube which later was acquired by oracle and is now Oracle Finacial services software

Dislikes

No salary hikes for years, no perks, not even Wifi bill rembursement. Nothing new to learn, employees are not open to automation they are comforatble with manual efforts, new approach is always discouraged. HR dept is for name sake. abusive workplace, managers lack empathy, uses cuss words for female employees as well and everyone behaves as if its company culture.

Likes

* The company provides a fair job security. * Decent work-life balance(team dependent). * Good benefits apart from the salary. * Some managers are really good to work with. * Since COVID most people are working from home and very little interest from management to call people to work from office.

Dislikes

* Salary hikes are non-existent. You work for the same salary until you stay. * Seniors who have been for over 10yrs can get really insecure about the new people and try to suppress genuine talent. * Though WFH is extended even after COVID, it results in long working hours and unreasonable asks sometimes. * Unreasonable release deadlines to appease clients. * Consulting teams can get very annoying and throw the engineering teams under the bus in case something arises out of the ordinary from the clients.