Kotak Mahindra Reviews

Updated October 2, 2014
Updated October 2, 2014
154 Reviews
3.0
154 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good working environment, good guidance and approachable leader (in 14 reviews)

  • There was a good work life balance (in 9 reviews)


Cons
  • bad work culture; worst work-life balance; working on saturdays; low salaries (in 6 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 (more than an year)

    Pros

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

    Cons

    less remuneration & appraisal, no career scope

    Doesn't Recommend
    Neutral Outlook
  2. 1 person found this helpful  

    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 (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
  3.  

    Perfect work-life balance!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kotak Mahindra

    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.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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)

    I have been working at Kotak Mahindra full-time (less than an year)

    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
  6.  

    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 (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
  7.  

    A good company to work with but only if you dont belong to the CCC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager(Phone Banking Officer) in Mumbai (India)
    Former Employee - Assistant Manager(Phone Banking Officer) in Mumbai (India)

    I worked at Kotak Mahindra full-time (less than an year)

    Pros

    Good infrastructure, excellent trainers, The fellow workers are very helpfull,The recreation facilities are good . There is also a doctor available on the third floor and also a gift shoppe thus making shopping easy to gift urself something n da salary day.

    Cons

    no proper hygeine breaks, dominant attitude amongst seniors, Not at all happy with the way the senior staff communicates with the junior staff, There were times i was not allowed to go have my lunch till 4 and by then the canteen was empty. Had to stay hungry.

    Advice to ManagementAdvice

    Kindly look into the dilemmas of the employess , respect their indiduality, appreciate their work and see the difference. Work culture needs turnaround.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    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)

    I have been working at Kotak Mahindra full-time (less than an year)

    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
  9.  

    Good organisation to work with. Good work cultutre.

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

    I worked at Kotak Mahindra full-time (less than an year)

    Pros

    Its one of the best employer in the banking industry.

    Cons

    The pressure is more in CASA department and targets are high enough to achieve.

    Advice to ManagementAdvice

    There should be more training for the freshers in the industry for achieving product sale targets.

    Recommends
    Approves of CEO
  10.  

    A great place to learn

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

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

    Pros

    Provides good Work life balance, company values & culture is family like

    Cons

    Poor compensation is a demotivator

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Branch Operation Manager

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

    I have been working at Kotak Mahindra full-time (less than an year)

    Pros

    Good company to work with, open culture.

    Cons

    processes are manual , it should get technologically advanced

    Recommends
    Neutral Outlook
    No opinion of CEO

Kotak Mahindra Photos

Kotak Mahindra Bank
Convention at Bangkok.
Convention at Bangkok.

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