ICRA Management Consulting Reviews | Glassdoor

ICRA Management Consulting Reviews

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17 Employee Reviews

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  1. "Clueless"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New Delhi (India)
    Current Employee - Analyst in New Delhi (India)
    Doesn't Recommend
    Neutral Outlook

    I have been working at ICRA Management Consulting (Less than a year)

    Pros

    work-life balance, flexi timings, flat organisation structure, provide opportunity to work in different sectors, good company to start your career,

    Cons

    Leadership problems, poor compensation plan, career progression is very slow, managers have poor people management skills,

    Advice to Management

    Please create vision and mission for the company and work towards it. Please understand aspirations of your employees and provide opportunities accordingly.


  2. "Good for Learning"

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

    I have been working at ICRA Management Consulting full-time

    Pros

    A good place to start one's career. Learning is phenomenal for those who are just starting out in the industry.

    Cons

    Organizational culture feels archaic and outdated. Pay is below industry average.

    Advice to Management

    Improve pay and modernize culture to attract and retain talent.

  3. "Basic pay for Senior Research officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chennai (India)
    Former Employee - Anonymous Employee in Chennai (India)
    Recommends
    Positive Outlook

    Pros

    Its a great job for bachelors and get very good professional experience

    Cons

    Nothing big to say !!! Better to improve the compensation structure

    Advice to Management

    No comments


  4. Helpful (3)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Chennai (India)
    Current Employee - Analyst in Chennai (India)
    Recommends
    Positive Outlook

    Pros

    Good learning experience for freshers, multiple projects to work on, good peers, good brand name

    Cons

    None I could think of

    Advice to Management

    Great management, pleasure to work with senior guys, high ethics


  5. "Analyst"

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

    Pros

    Provides great learning opportunity. Cooperative staff.

    Cons

    Growth is extremely slow in the company. No structure, lot of bias.

    Advice to Management

    None


  6. "Relationship with IMaCS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Executive in New Delhi (India)
    Former Employee - Finance Executive in New Delhi (India)
    Recommends
    Neutral Outlook

    I worked at ICRA Management Consulting (More than a year)

    Pros

    Excellent work style in service industry.

    Cons

    Most of the staff are under Contractual Assignment.

    Advice to Management

    None


  7. "Pathetic organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Noida (India)
    Former Employee - Analyst in Noida (India)
    Doesn't Recommend
    Negative Outlook

    Pros

    There is nothing positive about organization

    Cons

    Wayward management, high level office politics

    Advice to Management

    Close the company and stop screwing people careers

  8. "Intellectually satisfying"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst
    Recommends
    Neutral Outlook

    I have been working at ICRA Management Consulting full-time (More than a year)

    Pros

    Professional independence, ideas are valued, no hierarchy, senior management willing to listen, a lot of learning if you are inclined to work hard

    Cons

    Need to be more market oriented

    Advice to Management

    revise salary strucutre


  9. "Two years of sheer frustration"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Analyst
    Former Employee - Associate Analyst
    Doesn't Recommend
    Negative Outlook

    Pros

    As a fresher , iMaCs is a good place to hone your skills and ultimately graduate to a professional environment .

    Cons

    Shortchanging employees in the salary structure :

    1. Only 70 odd percent ever makes it to the bank
    2. Leave Encashment of a months basic is a part of CTC
    3. Compulsory 2500 rupees per month for a 3Lac Medical Policy ( Regardless of what age bracket the employee falls in , so that old timers get a better deal )
    4. Non Existent Bonuses even as the whole offer letter is glorified with bonuses of 0-50%
    5. A Credit Card Component of close to 12000 is a part of CTC ( Can only be used to pay membership fees and nothing else)

    No Human Resources in Place: You may find yourself seething in agony trying to get hold of a company secretary who will in all likelihood evade your calls.

    Increments: Increments may be in the form of semi annual deferred payments that an employee forgoes if papers are put down before the date of receipt.

    Frustration with Infrastructure: Will cut corners wherever possible

    Advice to Management

    Create a department for human resources instead of making do with a company secretary who sets draconian policies, promotions and increments that are agnostic of being from South India.


  10. "Fustration"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Analyst in Mumbai (India)
    Current Employee - Associate Analyst in Mumbai (India)
    Doesn't Recommend
    Neutral Outlook

    Pros

    Little flexible timing and freedom.

    Cons

    - Very complicated salary structure to fool employees.
    - They charge 25,000 for the 3 Lac mediclaim policy.
    - You cant claim many component of your CTC. Rule of 72 ( In hand is 72%)
    - Management has no forward looking vision.
    - There is no HR in the company. Worst HR policy.
    - No appraisals at all. After working for one year you will get a hike of 5% on your basic salary which is like INR 700-1000(per month)
    - Extremely poor infrastructure facility. The laptops/PCs provided are outdated.

    Advice to Management

    Clear HR policy and salary structure.


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