Standard Chartered Managing Director salaries in Mumbai

Likes

1) Based on your team and position in the company, your work-life balance can vary. But in general it is good. You don't get pressured much because it is an insourcing firm and your clients are your internal stakeholders. 2) The outlook of the Group Management is Fabulous. They are pulling the right strings at the right time and set ambitious yet achievable goals. But they don't transcend down to the lower rungs of the pyramid. It gets blocked by the fatty middle management layer and they are more of projections than actual actions. The Group is often blinded by the what happens in the upper layers of the pyramid. 3) The strides it made during the past 4 years, slow but there is progress without stagnation at least is some departments of the bank.

Dislikes

...adder or get promoted as they value your longevity more than your performance. 4) Salary is absolutely not competitive. It is like India is - The rich get richer and the poor get poorer. If you do a comparison you don't even fall in the market median bracket which is pathetic. They milk on people's ignorance on their market worth and value. 5) The external perspective of SCB GBS is not that great in India Chennai/Bangalore. Therefore when you want to look out, you rarely get calls from other players in the same sector. Maximum it would be Citi, HSBC, SG. This might not be true for SCB Singapore. 6) Senior folks have established their comfort couches in the company and it makes it difficult for talented junior folks to climb up.

Likes

I have been working with SCB GBS since 2010 and I must that it gives a great learning opportunity though compensation must improve to match with existing companies. Secondly, Manager/ boss culture need to be improvised though its quite subjective and individual attitude

Dislikes

GBS leadership as an individual Managers with 10 - 15 years of experience within organization are bias and follow boss culture whereas on-site leadership team is the best.

Likes

No pros

Dislikes

No work life balance Favouritism by your line managers Work as a labour and dont expect any hikes No salary increment Very less bonus No shift timings Weekend work Manager will call and threaten you Physically and mentally demotivating

Likes

Company is moving towards open source API based application. Good health insurance policy.

Dislikes

No hike happened for 2023 & 2024. Company expection is do work of 40 hrs in 4 hrs. Company is only concerned on cost cutting from past 2 years. At this point of time it's big no to join this company

Likes

Basically an Excellent company. All policies are really good Very good Leave Policy

Dislikes

...ent. Unnecessary Digitization of all process. Poor Skill development programmes. Poor Hikes in compensation. Tamil influence. Too early pickup of Transport. Weekend Support.