IDBI Federal Life Insurance Co Ltd

5001 - 10000 employeesWebsite
bankingfinancial services insurance
3.3
Overall

Rating Breakdown

Salary
3.4
Work-Life
3.3
Culture
3.3
Growth
3.0

Company Info

Employees
5001 - 10000
Turnover (Cr)
100 - 500 Cr

Salary

Is the salary as per market standard?

Yes
23 (52%)
No
21 (48%)

Tell us about your last increment

Less than 10%
11 (27%)
10-15%
13 (32%)
15-20%
5 (12%)
Not Eligible
12 (29%)

Work life balance

How many hours you normally work in a day?

5-6 Hours
0 (0%)
8-10 Hours
0 (0%)
10+ Hours
0 (0%)

Does IDBI Federal Life Insurance Co Ltd have a flexible working hours policy?

Yes
0 (0%)
No
0 (0%)
Case to case basis
0 (0%)

Company culture

How smart are your colleagues?

Extremely smart
19 (42%)
Average
20 (44%)
Below average
6 (13%)

How punctual are your co-workers?

Always on time
26 (58%)
Most of time
16 (36%)
Seldom on time
3 (7%)

How often do you have parties/offsites?

Weekly
5 (11%)
Monthly
4 (9%)
Quarterly
5 (11%)
Yearly
18 (40%)
Managment doesn't believe in it
13 (29%)

Career growth

How often do employees get promotions?

Less than 1 year
16 (36%)
1-2 Years
14 (32%)
2-3 Years
5 (11%)
3+ Years
9 (20%)

How many trainings do you attend every year?

More than 6 times in a year
3 (7%)
3-5 times in a year
11 (24%)
1-2 times in a year
22 (49%)
No such programs
9 (20%)

Salary Insights

RoleMinAvgMax
Sales/ Business Development Manager228K379K692K
Relationship Executive/ Manager200K325K489K
Relationship Manager209K319K435K
Branch Manager/ Head364K634K918K
Bancassurance Executive/ Manager229K399K659K
Area/ Territory Sales Manager252K581K1061K
Fresher200K322K401K
Marketing Manager327K447K630K
Back Office Executive307K527K678K
Other Insurance481K560K646K