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Edelweiss Financial Services Employee Reviews about "bonus"

Updated Aug 12, 2022

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Found 49 of over 935 reviews

3.8
76%
Recommend to a Friend
93%
Approve of CEO
Edelweiss Financial Services CEO Rashesh Chandrakant Shah (no image)
Rashesh Chandrakant Shah
379 Ratings

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Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Reviews about "bonus"

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  1. 3.0
    Current Employee, more than 3 years

    Stable job with good salary and bonus

    Sep 3, 2017 - Web Developer in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Financially stable job. Good Salary and Bonus

    Cons

    No opportunities to learn finance domain.

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  2. 4.0
    Former Employee, more than 1 year

    Good learning opportunity | Low pay | An ECM heavy shop

    Mar 25, 2021 - Manager - Investment Banking in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great, well-known domestic name to work with in Equity Capital Markets (IPOs / QIPs etc.) Excellent relationships with corporates and great Capital Markets deal flow Good learning opportunity

    Cons

    Weak M&A / PE fundraising credentials, lack of focus to create a substantial M&A pipeline Teams pitch more for Capital markets transaction as it's the bread and butter of the I-banking unit Lower bonus for M&A team players because of lack of closures as against ECM players

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    1 person found this review helpful
  3. 1.0
    Former Employee, more than 5 years

    Sinking ship as far as Markets Division is concerned

    Jun 13, 2018 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Best reasons to work are now a matter of past

    Cons

    The new management is extremely ordinary, lacks leadership qualities. Good people started leaving right after the departure of previous floor head. People who come to office for cheap politics, undisciplined chaps and non-profit generating teams are finding current atmosphere as heaven. They have been treated tightly in the past but now they are all now spreading their dirt across because there is no one to check them. Present management is too insecure about themselves. There is not even a single senior guy on floor with whom you can talk some logical stuff. Even if there is one then you will find him too angry from the firm for obvious reasons. The people who actually generate profits are not paid fairly. The people who recently lost money crazily walked away with better bonuses just because they had good relationship with team head and his head (both of them I will say hopeless). Very strict advice to Juniors - fresh grads and 1-3 years work exp. category - Do not buy their bonus story which they try to sell while making you to compromise on fixed salary hike. They want a horse at a price of donkey so that donkeys there can keep earning well and yes, they have been lucky so far. When you join them from college, that is how it goes: - You remain tensed in first year that you are at the bottom among your batch mates as far as fixed salary is concerned - They keep showing you dream of better pay-off which they keep delaying year-on-year - While having a dream in your mind for a big bonus, you will keep spending hours and hours in office - Other old chaps will keep copying your stuff - Finally, you will not get credit for whatever you do as same has already been copied and secretly presented - Then on payment day, they will give some random story and one more dream for next year - You come back home and you criticize why on earth have I not taken this Glassdoor review seriously - Even by the time you realize your past mistake to join and spend time in this firm, it has been too late - The atmosphere has already made you unemployable. Rest of the smart firms know the truth of this firm. They will never hire you. Even headhunters make fun of the interviews being conducted in Kalina office. - Their offer letters are the biggest jokes. You tell them expected number as 11 lakhs, number offered is 4.5 lakhs after wasting so much time in long long interviews. - Another review that I overheard while sitting on my desk is that - One reason why this firm conducts so many interviews is that they try to extract market information / trading strategies from experienced people - Extremely unprofessional people riding the wave that previous heads set-up

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    8 people found this review helpful
  4. 1.0
    Former Employee, more than 3 years

    Edelweiss

    Apr 28, 2021 - Manager in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Aggressive flexible broker bonus opportunity

    Cons

    Lack of compliance, old employees , understanding , nepotism , focus

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  5. 4.0
    Current Employee, more than 1 year

    Great place to learn.

    Mar 21, 2017 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    One of the most intellectual people sit around you and you end up learning a lot.

    Cons

    Recent times bonus and compensation are not up to the industry standards.

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  6. 3.0
    Current Employee

    Dynamic decision making

    Aug 15, 2018 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good bonus component Company is growing tremendously well

    Cons

    Culture is political Some really incompetent leaders in HR

    1 person found this review helpful
  7. 5.0
    Current Employee, less than 1 year

    Excellent place to work

    Nov 11, 2018 - Anonymous Employee in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Lot of responsibility, ownership of work and autonomy - Really challenging projects with lot of visibility - Young and intelligent team - Competitive salary (high on variable pay/ year end bonus) - Booming industry; rapid growth - Invests in leadership building... Has leadership program for really young people

    Cons

    - Strong focus on variable pay (typically 30-40% of fixed) which is dependent on individual + team + company performance - To make it big, it might be important to take on tough assignments which will affect work-life balance. - ESOPs given only to senior management - No bike parking facility at Head Office - Annual increments relatively lower - Typically 2 years taken for promotion (after the first promotion)... there are too many designations and levels.. so it takes a lot of time to become a senior leader

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  8. 2.0
    Former Employee, more than 3 years

    To Much Politics in Every Department

    Jun 25, 2016 - Operations Associate in New Delhi
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good Pay Master. Good amount of annual bonus

    Cons

    Politics & Politics. Nobody will bother your opinion. Very conservative business approach. You will fired anytime immediately if market is not favorable. No employee engagement platform.

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  9. 2.0
    Former Employee, more than 1 year

    Lack of Transparency and too much power concentration with Manager

    Sep 19, 2019 - Associate in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Steep Learning Curve High Responsibility at Junior Roles Bonus can be good(A little subjective depends on Manager)

    Cons

    Work Place Politics Poor Work Life Balance Bonus is subjective Poor communication

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  10. 2.0
    Current Employee

    Good brand name.

    Jul 1, 2019 - Anonymous Employee in Mumbai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good for those in Finance . Bonus structure is good

    Cons

    Very ad-hoc. No processes. Not an employee oriented organisation. Few businesses are very baniya types.

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Viewing 1 - 10 of 49 Reviews

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