Yes Bank Reviews

Pros

The company provides good exposure to banking, gives you varied responsibilities, there is always challenging work to do and visibility to the top management is high

Cons

Top Management does not adequately support the employees, power is centralised with the MD-CEO, individual roles can sometimes become ambiguous

Advice to Senior Management

Work with your employees, not apart from your employees. Things will dramatically change if management starts being more employee friendly

Pros

good learning and good place to grow

Cons

politics in the daily work

Advice to Senior Management

encourage talent

Pros

Good Exposure to Banking Industry
Fast learning and Client Engagement
Growth Opportunities
Good in hand cash component compared to peers
Nice colleagues

Cons

Still growing bank, lot of unstructured processes
Less meritocracy, more depends on how boss perceives you
Senior Management likes to dominate
Support functions like marketing and risk management has more say than profit centers like relationship management
HR is dumb

Advice to Senior Management

Support your employees and fight for them with other teams so that they feel respected

Pros

Fast Growing, India's newest pvt sector bank. Mgmt team is young and dynamic. Stress on Enteruprenureship.

Cons

- No transperancy in appraisals.
- Your profile can change overnight without informing you
- Alt sat off's
- No work life balance.
- Starting a family is not encouraged especially women ( u'll hardly find any mothers working in the bank)
- Disparity in salary structure
- Long working hours.

Advice to Senior Management

To be more employee centric.
Provide better training facilities.

Pros

Good Pay.
Seniors are approachable & Friendly
No excessive pressure, good work - life balance.
Relatively new bank so many opportunities to learn

Cons

If you do not work at front office then your growth will not be that fast.
All decision making power is in hand of CEO which sometimes is good but it poses more danger of incorrect decision.

Advice to Senior Management

They should make work process more participatory

Pros

very fast decisions, hands on approach by senior management, very less bureaucracy. senior managemnt is very approachable and quick turnaround of issues

Cons

very arbitrary decision making. too much dependent upon the ceo. results in quirky decision making. reckless and short term view taking when it comes to important issues

Advice to Senior Management

to be professional and base decisions on data and facts rather than emotions and impressions. too much negative impression regarding handling of senior managements resignations

Pros

Good learning opportunity to handle the best clients.
It is a growing organization so there is a lot more flexibility in terms of lateral moves to other departments.

Cons

Very high turnover - employees not paid enough and keep taking away clients from each other
Top management (though not all) sometimes talks abusively to juniors and does not treat them as human beings but as underlings.
There is no proper training for newcomers as most of the older employees tend to leave within 1-2 years.
As a small bank, it is not well recognized among clients so doing business is tough.

Advice to Senior Management

Learn to appreciate and develop talent at lower levels or else the 60% + turnover rate is bound to continue