Kotak Mahindra

  www.kotak.com
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Kotak Mahindra Reviews

Updated August 11, 2014
Updated August 11, 2014
148 Reviews

3.2
148 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Kotak Mahindra Executive Vice Chairman & Managing Director Uday S. Kotak
Uday S. Kotak
20 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

    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

    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

    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.  

    2 yrs at kotak

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

    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
  6.  

    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)

    Pros

    Freedom to make decisions
    Great culture

    Cons

    Processes are poor, can be improved

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    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)

    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
  8.  

    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)

    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
  9.  

    Perfect work-life balance!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Understanding organization, employee friendly. The environment is relatively stress free. Office politics is also quite low. People are promoted on merit.

    Cons

    Less salary at lower levels. There is a lack of urgency in the organization which is seen in other financial organizations. Esops are given only to top management.

    Advice to ManagementAdvice

    Senior management team should allow for esops to lower levels as well.

  10.  

    Bad Employer

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

    Pros

    Nothing to mention about them.

    Cons

    Everything to mention about them.

    Advice to ManagementAdvice

    Keep up the good work, let the attrition rise

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Decent company, but needs alot of improvement in recruiting process.

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

    Pros

    Nice salary and other benefits.

    Cons

    Less learning and more job responsibility

    Advice to ManagementAdvice

    kindly locate employees as per their comfort zone so that they can work well and improve their productivity

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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