ICICI Bank Reviews

Pros

technology friendly, good management team, aggressive growth policies ,personnel growth,communication of important issues, whistle blower,uniformity,application support,brand

Cons

high sales pressures,multiplying targets,life insurance selling hub, continues monitoring through data related to sales target VS achievement,no innovative,productive work other then sales

Pros

1) Learning
2) Change in career

Cons

1) Long working hours
2) Less Salary
3) Non-corporate culture

Advice to Senior Management

Decentralize HR department so that they can work with people. HR department is harsh with employees.

Pros

Good brand, recognised at least nationally

Cons

Crappy systems, very bad culture leading to unhealthy and distrustful work environement

Pros

Growth will be there for those are in line with their boss views
It also depends on the kind of department you are working in.

Cons

No innovation
Long working hours
Peergroup is not so good,no professionalism among employees
Some senior management should change their attitude towards employees
Salary low compared to other foreign banks

Advice to Senior Management

Please bring in people with more professionalism
Change the attitude of employees towards the organization
Please provide more time for employees for allround development,Learning matrix is not working

Pros

Opportunities
Great place to learn
Aggressiveness
Technology
Empowerment
Employee communication
Visibility in the market
Opportunity to move laterally
Develop skill to cop with volume and pressure

Cons

Salary in comparison to market
Disparity in the salary packages within the grade
Non-transparency in appraisal
Some times difficult to maintain work life balance due to late sitting culture

Advice to Senior Management

Reduce disparity in the salary package within the grade
Respect employees
Increase transparency in appraisal process
Identify hidden talent and latent potential in your employees on your own rather employee highlight himself

Pros

freedom to some extent, brand value and size ,if there is lack of job opportunities at other places,

easily circumventable compliance policies.

Cons

uncertainty of your upcoming role, limited opportunities and compensation, narrow hr policies
lack of intellectual capacity, no focus on individual development, unnecessary work and waste of time

Advice to Senior Management

employ less people and focus on increasing productivity of present workforce, give importance to
individual performance in rating process, imagine

Pros

Great place to learn; conducive environment for trying new & innovative things; excellent access to senior management; good work environment;

Cons

not the best of HR practices adopted; gets too competitive at times; some hasty decision making by the senior management in the past

Advice to Senior Management

Improve upon the HR practices; Reduce the number of layers - thereby making is adequately competitive environment for work; don't change the middle-senior management so frequently - there is no accountability

Pros

You will get a Good Brand Name of Indian Banking Industry, exposure may be good provided you get the profile suitable to your area of interest.

Cons

My comments are mostly suitable for fresh MBA and/or Chartered Accountants: Mostly, At the time of recruitment, HR does not provide the role as per the capabilities/interest of the candidate. JD is never informed to the prospective candidate before joining. In ICICI Bank, being a big organisation, you will get to do only a very small part of the entire process/activities. It gives more emphasis on specialization in a specific area so nobody knows the complete banking unlike their peers who are working in Banks specially in Public Sector Banks.

Advice to Senior Management

Recruitment process specially pertaining to Job Profile and Compensation should be more transparent. At the initial stage, it should provide exposure in all fields of banking so that a person may choose a career most suitable to his/her capabilities. It will provide job satisfaction to employees. Further, the annual performance review is very subjective and not transparent. It has to be improved a lot.

Pros

brand name is good therefore it helps you to get a break

Cons

politics, window dressing, harassing outgoing employees with handing out compulsory 3 months notice periods, and many more ...............

Advice to Senior Management

lessen the needless hierarchy

Pros

A lot of opportunities to grow for talented employees
Excellent training programs
Process oriented
Detail goal setting and performance review

Cons

Cultural difference - not adapted to Canadian culture
Outsourcing back office functions to India - complicated the process
Emphasis on process compliance instead of risk base analysis for optimum result

Advice to Senior Management

Enhance communication within teams through regular meetings
Encourage participation / feedback from employees
Studying Canadian market practice for improving competitive advantage