Tata Steel Seals Man salaries in India

Likes

Very high Job security almost equivalent to government jobs. Good work life balance.

Dislikes

Extremely slow growth exactly like government jobs. Minimal increament and low average package for an MBA graduate from top tier B school. This is not a company one should join after completing MBA. The work culture is not suitable for MBA grads and average age in almost every team is 45+ In my opinion, my reporting manager was a head of department who was micromanaging and had come from a marketing background directly into procurement without any knowledge of procurement. Weird way of promoting people in cross functions.

Likes

Lateral are getting higher salary with less experience, While trainees are getting so less salary. I started at 7900 basic salaries and now after 6 years, I get 15000 basic pay. Not a good hike in salary.

Dislikes

Salary structure is very bad , you will feel like , when will our salary rise, only gives raise on basic salary not on CTC.

Likes

Job security is good, if you don't work hard then you don't get good ratings but job is secure.

Dislikes

- very low pay scale - very low bonus - company doesn't follow any time line of increment of salary or bonus. - very slow HR department - management doesn't respect extra effort of employees

Likes

Location is good. Tata brand.

Dislikes

There is a whole list. Heavy corporate politics, nepotism at its peak, benefits are just an illusion, management is highly unprofessional, compensation is industry lowest, CTC is flawed, employees' overall development is zero, and many many more. If you want to regret one thing in your life - just join here.

Likes

Work life balance, ethics & good people around

Dislikes

Slow growth. For laterals, negotiate your salary well. Don't get trapped in Tata's brand name, as there won't be salary appraisals on entire CTC. Low compensation.