Principal Global Services Insurance Analyst salaries in India

Likes

When I was working there its medical insurance and transport facility were was very good

Dislikes

...t Performance team. Their managers are useless, and use PIP to fire employees 6. DO NOT join even if you are getting the best or your dream package/CTC

Likes

I did like the culture of PGS before 3 year. Now in these days the function has been changed and only the relationship with our manager and understanding that is good.

Dislikes

...payment method and the promotion structure. PGS have a term that called Prinpay. That means you have to keep your 10% of salary deposited to company till a financial year. Once that year ended then you will receive the amt from that 10%. It depends on your and companies performance. That means you will never get your entire 10%. You will always received an X amt from that 10%. And they also called it as performance incentive.

Likes

Company culture is little good here. Relaxed life its recommended for people who want to retire at such office. medical insurance, transport facility, infrastructure is appreciable. Few people at principal are like diamond.

Dislikes

...c by theirs politics the themselves will not grow and will not let anyone grow. Less Pay- very less pay as compared to competitors. Night shift is mandatory for operations people, and Night Shift allowances are less.

Likes

Company gives very good compensation to their employees. Work life balance is also good.Management team is very employee friendly. Managers and teammates are very supportive. Company has a user-friendly portal for their employees. Overall very good company to work.

Dislikes

Company has changed their notice period policy. Notice period is of 3 months. IJP opportunities are very less in my project. Carrer growth is very less. On site opportunities and business trips are only for higher management.

Likes

Competitive Compensation & Benefits – The salary structure is among the best in the industry, with excellent perks such as comprehensive insurance coverage and a free cab facility. Overtime Allowance – Employees are fairly compensated for extra hours, which is a rare but valuable perk. Work-Life Balance – No weekend working policy ensures a good balance between professional and personal life.

Dislikes

Emerging Micromanagement Culture – The new leadership is leaning towards micromanagement, which risks undermining the strong, employee-friendly culture PGS has upheld for 16 years. Canteen Food Quality – Except for the Biryani, the food quality is subpar, and prices are on the higher side, making daily meals a struggle. Career Growth Challenges – Promotions are relatively slow, making it difficult for employees to climb the corporate ladder. Bias in Growth Opportunities – There is noticeable favoritism towards employees who joined as trainees, while lateral hires often find themselves sidelined