Manappuram "good salary" Reviews | Glassdoor.co.in

Manappuram Employee Reviews about "good salary"

Updated 7 Sep 2018

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2.9
49%
Recommend to a Friend
63%
Approve of CEO
Manappuram Managing Director and CEO V.P. Nandakumar
V.P. Nandakumar
35 Ratings
Pros
  • "There is nothing to say positive about the company(in 4 reviews)

  • "(in 3 reviews)

Cons
  • "Transfers Wil be very big minus(in 4 reviews)

  • "(in 2 reviews)

More Pros and Cons

Reviews about "good salary"

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  1. "It's a NBFC company and given business to all features."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Branch Manager in Mysore
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Manappuram full-time for more than a year

    Pros

    Good salary, incentives, good company

    Cons

    Work pressure, daily target, insurance

    Continue reading
    Manappuram2018-08-08
  2. Helpful (3)

    "My experience - working with Manappuram"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - DGM in Thrissur
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I worked at Manappuram full-time for more than a year

    Pros

    * Good salary package -- PROVIDED you are a lateral hire with good amount of experience in relevant fields: finance/hr/marketing/sales/IT etc., and you bargain enough. Lateral hires from IIT/IIMs can get real good packages. * Company shows some interest in IT/data-science/analytics etc. and hires many professionals in these fields * Due to the nature of business: gold-loans being a distress-based financial resort for many people of lower/middle-class, company makes good amount of money by fleecing such people

    Cons

    * It's basically a one-man controlled company, with each & every decision depending upon the MD's "approval". * Extremely complex amount of red-tape reminiscent of the govt offices of 70's/80's, even for insider employees to get anything done - because of reason mentioned above. * There is no proper direction of action : employees just run around often doing very hard work but rarely doing smart/efficient work. * Some personnel in key positions are just there because they've blessings of the top who's who. So if you are ill-fated to work with them, you will curse every day of your work there. * Extremely high amount of attrition from the branches due to very low remuneration provided to branch-staff; staff attrition is in truck-loads: minimum 100 people every day! A monthly salary of 25K to branch-head with 6day work-week and very high sales responsibilities is never going to be satisfactory. * Some department heads are rumoured to take bribes from external agencies/vendors/candidates etc. for awarding them projects/employment * High amount of favouritism and partisan promotions - if you're in the good books of certain high-ranking officials you can expect to stay on and reach higher positions, forget about professionalism/ethics etc. * 6-day work week, every week (not like banks where 2nd/4th sat holiday); sometimes staff may have to work on sundays also. * Strict office-timings: based on attendance punching, not even a delay of a second in check-in allowed!

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    Manappuram2018-09-07
  3. "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Eranakulam
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Manappuram full-time for more than a year

    Pros

    Good salary for cv team

    Cons

    Bad atmosphere for low level team

    Continue reading
    Manappuram2018-02-14

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