Kotak Mahindra Reviews

Updated August 27, 2014
Updated August 27, 2014
151 Reviews
3.1
151 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Kotak Mahindra Executive Vice Chairman & Managing Director Uday S. Kotak
Uday S. Kotak
22 Ratings

Review Highlights

Pros
  • Friendly and helpful work environment (in 13 reviews)

  • A transparent work culture, friendly team & supporting bosses (in 13 reviews)


Cons
  • senior management ambiguity and work satisfaction is less (in 6 reviews)

  • bad work culture; worst work-life balance; working on saturdays; low salaries (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good company , fair management , good working conditions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager
    Former Employee - Relationship Manager

    I worked at Kotak Mahindra full-time for more than a year

    Pros

    There was a good work life balance. Upper management is very open to ideas. It is a progressive company

    Cons

    Salary could be higher. Offices must be more well maintained.

    Advice to ManagementAdvice

    Be more transparent with salary structure

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Feed back

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - ARM  in  Baroda, MI
    Former Employee - ARM in Baroda, MI

    I worked at Kotak Mahindra full-time for more than 3 years

    Pros

    Gr8 experiance in a broking industry as working in KOTAK

    Cons

    No cons as m satisfied

    Recommends
  3.  

    Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Kotak Mahindra

    Pros

    employee appreciation is done well and knowledge advancement is highly possible

    Cons

    senior management ambiguity and work satisfaction is less

    Advice to ManagementAdvice

    clearer administration of duties to every level of hierarchy,transparency

    Doesn't Recommend
    Approves of CEO
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  5.  

    good company to learn and grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Deputy Manager  in  Chennai (India)
    Current Employee - Deputy Manager in Chennai (India)

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

    Pros

    always 1st to upgrade new technologies and process in banking industry. people are so friendly and approachable.

    Cons

    no work life balance, less manpower more work, poor HR, people are not recognised properly.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    good for career start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Ahmedabad (India)
    Current Employee - Anonymous Employee in Ahmedabad (India)

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

    Pros

    flexibility in working conditions, time-off policies, leave policies

    Cons

    less remuneration & appraisal, no career scope

    Doesn't Recommend
    Neutral Outlook
  7.  

    2 yrs at kotak

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Kotak Mahindra

    Pros

    work life balance, incentive structure

    Cons

    no effective operations team. the insurance products are hopeless

    Advice to ManagementAdvice

    get more aggressive and add better incentives

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Bangalore (India)
    Current Employee - Vice President in Bangalore (India)

    I have been working at Kotak Mahindra full-time for more than 8 years

    Pros

    Freedom to make decisions
    Great culture

    Cons

    Processes are poor, can be improved

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    The Worst Employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager  in  Pune (India)
    Current Employee - Relationship Manager in Pune (India)

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

    Pros

    NO pros.........its wastage of time.

    Cons

    No work life balance. No professionalism. Highest attrition ratio, and they hardly care.

    Advice to ManagementAdvice

    For god sake start treating your employees as asset not mere resources. There is no HR policies HR department is only for name sake.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    No growth (in terms of salary) for employees who has been there for long time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Bangalore (India)
    Current Employee - Manager in Bangalore (India)

    I have been working at Kotak Mahindra full-time for more than 3 years

    Pros

    Used to be a good organisation to work for 2-3 years back. but things have changed drastically. NO growth

    Cons

    No growth for older employees and no hike in case grade is changed. Only responsibilities/targets increase but hike is not in line with the grade
    Incentive structure not at all lucrative
    Yearly incentives not paid out for FY 13-14
    applying for leaves if a problem

    Advice to ManagementAdvice

    Please put a STRONG HR in place who has a say in how the organisation should run.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    Senior Manager handling Credit from BBA Division in Bangalore.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Manager  in  Bangalore (India)
    Current Employee - Credit Manager in Bangalore (India)

    I have been working at Kotak Mahindra full-time for more than 5 years

    Pros

    Cordial Work Atmosphere, Mandatory leave policy

    Cons

    Complex Organizationsal structure, rigid compensation & appraisal policies, less work-life balance.

    Advice to ManagementAdvice

    Window for fast tracking promotions to high performers, eliminate cross divisional reporting.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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