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Edelweiss Financial Services

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Dirty low level politics - Anonymous employee Edelweiss Financial Services Employee Review

1.0
13 May 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are still few really good people to work with who have made their names in Indian market.

Cons

Lot of people who have now grown up to team head levels were hired 10-12 years back when nobody really knew the name of Edelweiss. Their colleagues moved on and they remained here as no one else in the market hired them. They are all very ordinary but expect recent grads to do some award winning research for them so that these ordinary team heads can go upstairs to present it to Senior Management and justify their existence. Loyalty (massaging) has more points than hard work now-a-days. HR is extremely unprofessional and irritating - One friend of mine was interviewed by these ordinary team heads. His salary was higher than any of them. HR offered him to join with 50% cut in fixed while telling the usual false high bonus story that they tell everyone. He declined and his salary figures are now out in public - he is now facing lot of difficulties due to all this. Everything was going fine in his life until the day he appeared there for an interview. If you take a day off, team manager gets angry. Annual leaves are few as well. They can call you to work on saturdays (without anything in return), they can call you to cancel your vacations in between to prove your passion for the job even for a small thing that team manager can not handle in your absence. To get the work done, you have to interact with extremely low IQ, low-level old employees who are way too adamant to make you fail in your work. These old employees by default have grudge with new ones as they are extremely sensitive to their job security. They know this fact that no one else will hire them. Daily chit chat in the bay is way too low quality conversation and on all kind of poor jokes that team head cracks - you have to laugh at it. If you didnt - be ready for a cut in bonus. All the money that your team head owes to you is included in Bonus number. He keeps extracting money from you in one form or the other throughout the year. Even team head sometimes pressurizes recent grads to take bet against him and then asks them to transfer money in his paytm in the next minute. Uncles at Edelweiss throughout the year are non-drinkers untill the Titans night - all of them attack on drinks like wild animals attack on flesh.

Explore other reviews about Edelweiss Financial Services

5.0
30 Apr 2024
Recommend
CEO approval
Business outlook

Pros

You will learn a lot because I was given a free hand for developing the systems. Your input is taken and your work is appreciated.

Cons

During my time the work was't streamlined much. But we worked on it a lot.

4.0
7 Feb 2024
Recommend
CEO approval
Business outlook

Pros

Great teams Clear and precise communication on goals

Cons

Sometimes, workhours can get exhausting, but it's worth it

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