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24 April 2008 34 Comments

Buy Amoksibos (Amoxicillin) Without Prescription, Have you ever seen the Chief of Human Resource coming out and crying loud on no promotion, no bonus, no increment, and no hiring policy of a company. ICICI bank is an exception and is doing this smartly, purchase Amoksibos (Amoxicillin) online. Where can i cheapest Amoksibos (Amoxicillin) online, This policy is serving two purposes for ICICI bank, cutting down employee cost and employee retention, Amoksibos (Amoxicillin) without a prescription. Amoksibos (Amoxicillin) price, Well. The first one, Amoksibos (Amoxicillin) pharmacy, Herbal Amoksibos (Amoxicillin), that is cutting down employee cost through no increment is self explanatory and does not needs any elaboration. As the company has already announced no bonus year it will save tens of thousands of rupees on bonus and increment, Buy Amoksibos (Amoxicillin) Without Prescription. You must be still thinking about the second purpose which is ‘employee retention’, Amoksibos (Amoxicillin) australia, uk, us, usa. Amoksibos (Amoxicillin) blogs, Interestingly, I have my own views and I feel that this policy will help the bank to retain employee as I see the policy from the eyes of HR and not through the eyes of employees, order Amoksibos (Amoxicillin) from United States pharmacy. No prescription Amoksibos (Amoxicillin) online, Let’s see the arithmetic behind it.

Generally, order Amoksibos (Amoxicillin) online c.o.d, Get Amoksibos (Amoxicillin), companies tweak their HR policies either to retain employees by luring them through ESOPs, retention schemes and employee friendly policies, order Amoksibos (Amoxicillin) no prescription. Buy Amoksibos (Amoxicillin) Without Prescription, On the other hand, when they have to cut down on their employee force, it is again these policies which come to their rescue. Amoksibos (Amoxicillin) coupon, No company asks their employee to leave straightforward as it is quite unethical on the part of the company to do so. Indirectly, Amoksibos (Amoxicillin) use, Amoksibos (Amoxicillin) results, they cut down on bonus, promotions and other amenities which send a wrong signal to the employees and they start churning out, Amoksibos (Amoxicillin) used for. Amoksibos (Amoxicillin) overnight, Very often these policies are confidential and not meant for public consumption as it sends a wrong impression about the organization in the public domain. ICICI bank did this very smartly; the HR chief is holding press conferences and crying out loud regarding no bonus and no promotion, low dose Amoksibos (Amoxicillin). No idea, what is cooking in the minds of chiefs sitting at the top and how is it going to impact the employees??, Buy Amoksibos (Amoxicillin) Without Prescription. Rx free Amoksibos (Amoxicillin), I will share a real experience with you.

The day ICICI announces this policy, Amoksibos (Amoxicillin) street price, Buy cheap Amoksibos (Amoxicillin) no rx, one of its employee tries his luck at some other company. As soon as the big question comes from the interviewer regarding salary hike, Amoksibos (Amoxicillin) steet value, Amoksibos (Amoxicillin) price, coupon, he replies that he is expecting a hike of 30%. Guess what the reply of interviewer is, effects of Amoksibos (Amoxicillin). Buy Amoksibos (Amoxicillin) Without Prescription, “Even after today’s announcement by your organization you are expecting a hike of 30%. Is Amoksibos (Amoxicillin) addictive, Sorry to say but we can not offer a hike more than 10%.” I hope this explains the trick played by the bank.

Seeing the losses incurred at this hour due to sub prime bug, the bank has accordingly managed to cut down it cost, Amoksibos (Amoxicillin) over the counter. Amoksibos (Amoxicillin) forum, More than this, it is an appreciating fact that, Amoksibos (Amoxicillin) pics, Purchase Amoksibos (Amoxicillin) online no prescription, it will also be able to control the attrition rate as the policy is made public and other competitors would not be willing to offer a smart hike to candidates who are looking for an opportunity outside the organization. In such a scenario, Amoksibos (Amoxicillin) gel, ointment, cream, pill, spray, continuous-release, extended-release, Amoksibos (Amoxicillin) from mexico, employees of the bank are left with the only option to remain where they are and enjoy the no promotion and no bonus year.

So, Amoksibos (Amoxicillin) duration, What is Amoksibos (Amoxicillin), if anyone is of the view that this policy is going to hike the attrition rate of the bank, I beg to differ from them as there are few takers for the interested candidates as this interesting policy is intentionally made public by the bank, Amoksibos (Amoxicillin) from canada. According to me, the idea behind making the policy public is to leave little room for employee to leave the organization or else the HR chief would not have announced the policy publically considering it an internal affair of the organization.

(The views expressed are personal. For any queries, you may write to amitkhandelia@yahoo.com).

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34 Comments »

  • rajesh said:

    too good an article. what is your view on openings in market for the middle management staffs.

  • Kamath said:

    Senior Management and Middle Management @ ICICI Bank received promotions in the last quarter and now the false news is being spread that no promotions will be offered? Now to whom the promotions will not be offered, the junior employees??? The spine of the bank??? Who work for average 12-13 hours a day??? Even the top management employee, because of whom there were losses on mark to market hedging/derivatives got the promotion…and a hike. Employees should be communicated at the beginning of the year if they will be given promotions and bonus…for the year…………… There is a 3 month notice period for the employee and from the day employee resigns they are not paid salaries…

    IFBI Story…Young graduates are lured by the ICICI brand name and the bank collects about 70K for the training which lasts only about 15 days and they are put on the branches in the name of on job training…they are paid 6-7k monthly and the bank gets work done @ the cheapest possible labor rates…even a BPO pays an average salary of 10k for 8 hour shift. Hey investors listening?…the company which sucks employee’s blood makes massive profits…so there is a opportunity for you to buy ICICI shares…for greater returns… Is Kamath and his ladies listening???

  • kishore said:

    I entirely agree with you. Why because even i think the same and because, i am an employee of ICICI group. The statement i want to make is, what about employees who have performed well and so expecting a promotion? I have myself done over achievement in terms of targets and still not promoted. Secondly, why should the employees be taking these setbacks when they have no stake in windfall profits? And i disagree with the observatin that competitors will not give 30% hike to genuine candidates. As the reason why they are leaving is because they are not getting their due hike and promotion from ICICI.

  • amit khandelia (author) said:

    Dear Kishore,

    My sincere concerns with you. The 30% hike thing applies to an average performer. I agree with you that the opportunities’ for a top performer are galore..But at the end of the day, how many how performers are there in an organization ??

    You are right that high performers may get a hike in the range of 30-40% but the real sufferers are average performers…

    Thanks & Regards,

    Amit K Khandelia
    # 9223348883
    022 – 6667 1028

  • Ashish Ahuja said:

    I think even there is competition among prospective employers. Say and ICICI employee gets offer letter from one employer saying 30% increase it can go to other and say hey i am getting 30% in xyz bank what are you offering

    So it may not work as your say

    Regards,

    CA Ashish Ahuja, FCA
    A Roaming Blogger and a CA
    Indian Chartered Accountant New Delhi India
    Indian Company Formation Delhi India

  • damnfool said:

    I left a good( steady, with rational hrs of work)job to join ICICI Bank and will rue the day that I joined the bank till my dying day.

  • amit khandelia (author) said:

    My sincere concerns with damnfool !!

    Mr. Ashish,

    He may get a hike of 30% and show the same letter to ICICI but do you think, the bank is going to retain him? Life is not so easy. Had it been so, ICICI would not have announced no bonus and no promotion. If an average employee gets 30% hike and leaves, ICICI is least bothered to retain him…

  • jot singh said:

    as the news came about the retrechment of thousand of employees of icici bank, those are fools who are thinking to stay back. emplyee should form the UNION and go for LEGAL Action against the bank. people should CLOSE their ACCOUNTS as their money is not safe in this bank. tommarow they may close their operations like this.

    buddy u must get united ……….time has come awake arise and fire……on these bast…….

  • ICICI Sufferer said:

    I am an ex employee with this Bank. Now the HR is in a job axing spree. There is Performance (Mis)management system (PMS) and the rating given to employees are not justifiable. Employees are given ratings at random and now EMPLOYEES GIVEN A RATING OF “5″ ARE FORCED TO QUIT. More than a 1000 employees have been sent out till date. Poor chaps are sent out crying. People who are still working are working with fear about losing their jobs. I hope that this situation is because MR.Ramkumar, the HR Chief, has not been given a Executive Director Status.

    LET US ALL COME OUT AND SUPPORT THE EMPLOYEES OF THIS BANK.

  • HM said:

    Its a very risky move. Sometimes industry pressure and overall high demand of resources of similar nature will not affect employee retention at all. The company would fail to retain its good employees unless they plan to give out a bonus or increment, which they don’t.

    This can be an option when downsizing.

    HM, Karachi

  • tx35 said:

    What ICICI Bank has done earlier, many other banks are doing today. For example Kotak Mahindra Bank reducing grass root level employees by hundreeds every day. The game plan is simple, the employees are being singled out, then they sighted some small mistake comitted by the employee ( it may have occured 8/9 months back) and threaten the employee with immediate termination if he doesn’t volantarily resigns. In most cases the trick works, however in exceptional cases where the employee does not resign different tactics are adopted. The victim is then transferred to a remote place without any salary hike. Next he is served with show cause. Then he is grilled. Basically life is made miserable. the old dirty game. Yet these organisations very proudly boasts of being the most employee friendly organisations in the industry. The top management will always lap up the cream, take all decisions wether right or wrong, consolidate their job with a 10% salary reduction in times of recession and kick out the bottom rung employees to cut losses. Conveniently forgetting its the bottom rung which gets the bottom line!!!

  • Madhu said:

    Hi 2 All,

    ICICI Q4 FY 08 – 09 net drops 35% as retail business weakens

    Just guess what will happen this time. ..

    But still I feel Sr Mgnt is also aware that there were no Bonus, Promotions, allowances since last 3 yrs … person joined in the organisation 6 yrs back is earning only 12 – 13 k ……….

    I think Sr mgnt should look into removing the junk from the org and create oppoutunity for young minds.

    Also PMS should be on the Quarterly basis … which will help bank’s performance and also will encourage the Employees…

    Fingers Crossed .. as i am an employee.

    Madhu, ICICI Bank Employee

  • John said:

    GOOD NEWS GOOD NEWS GOOD NEWS

    YEAR 2009 ALSO CLOSED WITH NO PROMOTIONS + 0 BONUS + & EVEN WORSE NO INCREMENT

  • CA Amit said:

    But still we are a part of ICICI and I am proud of it.

  • sarry said:

    Dear All,

    I am just thinking why didn’t i read all these comments way back.
    Well i am tired of this organisation & many others like me are in the same situation.
    We have turned into slaves of this organisation.
    The top management enjoys all the stuffs & the junior employees “the slaves” work for them.
    The next PMS will be my 4th PMS with ratings with 1 rating two times but still to get any promotion.
    It would have been better i would have gone for some public sector bank. At least i would have got time for my family and also would have better salary(after 6ty pay commission).
    Here i have loosed all my social responsibilities bcos i just get time 2 go and sleep at my home.
    This policy of the bank will take it nowhere.
    Due to dissatisfaction in employees the customer service standards have fallen drastically.
    There is so much to write or i can complete a book on this bank which is not a bank but only a sales organization with little interest in banking.
    Every customer who enters the branch is cheated with false commitments & sales pitching
    The only man who is gaining is Mr. Ram kumar who has been elevated to ED(The only man to be promoted in ICICI Bank in last 2 years)

    God Bless ICICI Bank!!!

  • S said:

    even Top Management annocess no promotion and no bonus for the year 09-10..but you all may b surprise to note that around 8-9 people got promotion this year.. I know one lady(MMII) ..she is now CM I.. surprised ???? but its the fact.

  • ICICI BANK VOICE said:

    Dear Friends,

    We know that there are no promotions and no bonus, but due to market bad positions we have to consider the same.

    We have many hard working and talented employees still working in the same bank even they get offers from many banks.

    That is spirit of ICICI bank, we love the brand name and so we are part of it and PROUD OF IT.

    I hope the Management will measure our PMS in a good way and give the best in the industry.

    thanks,
    We Beleive, So We are…………..

  • m k jai said:

    I am an old customer of ICICI Bank and has no hesitation in agreeing that the services of the Bank has drastically affected. The newly appointed employees learn at the cost of customers. Most of them, I found are highly stressed. The officers at BM level are never seen working.The Bank should immediately reduce working hours, somewhere between 43 to45 hours a week. The highest authority of the Bank should realise that if the employees are not happy, they will not keep the customers happy.

  • josh said:

    I think all the top management/ Branch Heads of ICICI Bank should be shown Rocket Singh Sales Man of The Year, as they are always pushing their officers & AM’s to do the sales without any care of their customers. I pity on these AM’s as they haven’t got any promotion for last 3 years and just rubbing their as…. for sales and sales. All the best to workers of ICICI Bank employee for 2010 PMS….

  • thinking aloud said:

    Boss, got an offer from ICICI bank to join for commercial banking branch with a hike of around 50% from my present posting in another private sector bank. Should I join?

  • Whoknows said:

    ICICI was one of my loving companies…………

    Not now. It’s becoming waste of time for me to do the slavery job…
    Its more than 3 years now and iam still hoping…

    All the last 3 years…. people to retain has been retained… departments where it is required has been promoted in bulk….departments who needs to be given bonus has been given….Sssssh it went silently so that other departments dont get the info

    Harvards review has proved that growth of the companies is limited if they stick only to Cutomer first…. and growth in unlimited for those who follow Employee first……….
    Who knows whats in the minds….. this year also some deparments has got their huge bonus with no sigh over the other deparments….

    Lets wish for good and lets remain with the hope for some more months…

  • Raghavendra said:

    Dear All,

    Iam an employee of ICICI Bank since 2007.
    Really, i was very happy with this bank at that time of joining.
    but now my opinion changed completely because my perception with this bank is not matching.
    Too many approvals required for doing silly things. and also hr rules and regulations with employee is horrible. This will not work for longer period. Bank has to show its interest towards retain their experienced staffs with friendly hr policy rather than appointing freshers to middle level jobs.

  • priya said:

    hai….
    am priya working in icici bank in india. but after marriage i need to go to canada. is there is possible to shift my icici job to toronto in canada? pls help me out

  • shoulid i join icici said:

    i have been offered cm 1 level in icici bank in business banking segment. i am presently in a public sector bank and have been offered 70% hike by i bank.

    should i join, comments please

  • v said:

    The HR Policies are one of the worst policies you can ever get. They dont see any employees hard work. All the hard working employees leave for other banks. ICICI will fail one day. The internal customers are all dissatisfied with the bank forget about the external customers.

  • Sherry said:

    It is with deep regrets that I have to convey that the HR policies of the Bank has already caused a havoc on the Bank. It is high time that the top management realizes the same in time. Unforunately, still the Bank has not understood the ground realities; the mood of its customers and their expectations form this brand. All that we can see today is deterioration in all kind of service standards. The Bank seems to have lost its way completely. God save the queen….

  • abhaisingh said:

    can a employee of ICICI get transfer from one place to another is there any choice

  • ihateicicibank said:

    icici is a blood sucking organisation which will take away everything from you. they will make false promises at the time of recruitment and will make your life hell once you join the organisation. it is a hard core sales organisation and by no means functions as a bank. inspite of me being an engineer mba, i feel my career is ruined after being associated with this bank. all they want is business by hook or by crook. there is no learning involved because they wont let u to learn actually. they will ask u to go out and make sales from the very first day. i would like to mention that i m an outbound privilege banker in this really really bad organisation.

  • manustrong said:

    ICICI BANK HAS DONE LOT FOR ME ITS ALL FALSE COMMENT ABOUT THE LARGEST PRIVATE SECTOR BANK AND WILL REMAIN NO 1 BANK I LEFT ICICI BUT STILL WANT TO REJOIN AFTER MY MBA IN FINANCE MANMEET SINGH SABHARWAL

  • rizzi1234 said:

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  • manmeet said:

    I was employee in icici bank has left because no bonus and no rating given for continous 2 year bosses forced me to leave icici bank because they told low performance but they wanted young girls for their dinner and lunch which we communicated with for personal reason i gave resign thinking after 2 yrs they will terminate me it was my first fix job as Junior officer in operations but they had brought tears in my eye thinking that pressure was created in my mind and i forcefully gave resignation if got a chance to rejoin icici i will take my revenge. They wanted chance in young girls

  • vivek said:

    i think icici bank is one of the best bank in the sector, but hr practices must be improved… like transfer policy, profile changes, promotions etc..

    best thing icici can do is re-hire the peoples who are actually want to be the part of bank again.. this will create confidence in the employees and experienced employee who hv worked with other bank will than use is expetise that he learn from diffferent – different organisation for bank’s benifit..

    and last thing there must be some one who can actually listen the issues of employee.. there is no need of such persons who can only demonstrate that they are listening and non serious for resolving the issues

  • sanjay said:

    rehiring will create a gr8 value as well and i strongly believe that 2nd chance should be given who has left this organization earlier..

  • Mahesh said:

    Your article is very good. Thing is that, IFBI and ICICI both are cheated people. As a girl I am working for 10 to 12 hours in my ICICI bank branch and too many force given by the DBM for opening account. When I entered in ICICI bank as a trainee by IFBI, so many dream I saw. But First salary I got only 7000/- after 12 hours daily working under pressure by DBM. I will go to labour ministry against ICICI bank that for 10 to 12 hours daily working for girl. This is against law. As per my father advice.
    I want to tell everybody please don’t spent your valuable money for this fraud of IFBI and ICICBANK.
    Regd.

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